NOT LISTED FOR SALE

550 River St Ishpeming, MI 49849

Estimated Value: $173,000 - $194,192

3 Beds
1 Bath
1,074 Sq Ft
$173/Sq Ft Est. Value

Last Sold February 14, 2025

Last sale price $177,400 $165 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,045/month

6 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Forced Air Heating System
  • Traditional Architecture
  • 1 Car Attached Garage
  • Ceiling Fan

About This Home

As of February 2025

Charming and affordable three-bedroom, one-bath home in Ishpeming Township, beautifully updated and ready for you to move in! Step into a spacious living room that flows into the dining room and cozy kitchen, with a convenient full bathroom on the main floor; perfect for everyday living. Upstairs, you'll find three inviting bedrooms, including one walk-through room and another with a delightful balcony where you can enjoy your morning coffee. The home boasts original hardwood floors that add warmth and character. The basement offers plenty of storage space, laundry, and houses your utilities, while major updates such as a brand-new furnace and recently replaced roof and windows (within the last five years) ensure peace of mind. Outside, the deck provides a great space for relaxing, overlooking a large backyard with a firepit, perfect for gatherings. There's also a convenient one-car attached garage, and a handy storage shed for outdoor tools. This move-in-ready gem has everything you need to call it home!

Last Agent to Sell the Property

Adam Karki

RE/MAX 1ST REALTY License #UPAR Listed on: 10/16/2024

RE/MAX 1ST REALTY

Last Buyer's Agent

Nick Racine

RE/MAX 1ST REALTY License #UPAR

RE/MAX 1ST REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 54x102

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,074 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Aspen Ridge Elementary School
  • Aspen Ridge Middle School
  • Westwood High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available

Community Details

  • West Ishpeming Subdivision

Listing and Financial Details

  • Assessor Parcel Number 52-07-464-003-00

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type: Residential
  • Type Of Property: Single Family
  • Architecture Style: Traditional
  • Structure Style: 1 1/2 Story
  • Year Built: 1941
  • Mail City: Ishpeming
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail., Hardwood Floors
  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement: Full
  • Bedrooms: 3
  • Bedroom 1: On 2nd Floor, Dimensions: 9 x 11
  • Bedroom 2: On 2nd Floor, Dimensions: 10 x 9
  • Bedroom 3: On 2nd Floor, Dimensions: 13 x 6
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 5 x 9, On Level: Main
  • Dining Room: On Main Floor, Dimensions: 11 x 13
  • Kitchen: On Main Floor, Dimensions: 14 x 11
  • Living Room: On Main Floor, Dimensions: 11 x 23
  • Below Grade Sq Ft: 679
  • Above Grade Finished Sq Ft: 1074
  • Total Finished Sq Ft: 1074

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck
  • Foundation: Basement
  • Frontage: 54
  • Road: City/County, Paved Street, Year Round
  • Out Buildings: None (OtherStructures)
  • Frontage Type: Road

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 1
  • Parking: 3 or More Spaces
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s)

Lot Info

  • Assessor Parcel Number: 52-07-464-003-00
  • Zoning: Residential
  • Lot Dimensions: 54x102
  • Acreage: 0.13
  • Geo Subdivision: MI
  • Site/Lot Features: Platted

Tax Info

  • Summer Tax: Year: 2024
  • Winter Tax: Year: 2023

MLS Schools

  • Elementary School: Aspen Ridge Elementary School
  • Middle School: Aspen Ridge Middle School
  • School District: NICE Community Schools
  • HighSchool: Westwood High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2024
Closed on
Feb 14, 2025
Sold by
Sandberg Kristin M
Bought by
Carter Dustin A and Carter Alaina M
Seller's Agent
Adam Karki
RE/MAX 1ST REALTY
Buyer's Agent
Nick Racine
RE/MAX 1ST REALTY
List Price
$174,900
Sold Price
$177,400
Premium/Discount to List
$2,500
1.43%
Views
12
Current Estimated Value
$186,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,648
Avg. Annual Appreciation
5.69%
Original Mortgage
$172,078
Outstanding Balance
$171,055
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$14,993

Purchase Details

Listed on
Jul 27, 2021
Closed on
Oct 1, 2021
Sold by
Moyle Amy L
Bought by
Sandberg Kristin M
Seller's Agent
Lee Haynes
SELECT REALTY
Buyer's Agent
Lee Haynes
SELECT REALTY
List Price
$119,000
Sold Price
$123,000
Premium/Discount to List
$4,000
3.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.44%
Original Mortgage
$124,230
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2013
Bought by
Jones Peter and Jones Clinton
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Carter Dustin A $177,400 None Listed On Document
Sandberg Kristin M $123,000 None Listed On Document
Jones Peter $89,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carter Dustin A $172,078
Previous Owner Sandberg Kristin M $124,230
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/14/2025 02/14/25 Sold $177,400 +1.4% $165 / Sq Ft
10/16/2024 10/16/24 For Sale $174,900 +42.2% $163 / Sq Ft
10/01/2021 10/01/21 Sold $123,000 +3.4% $115 / Sq Ft View Prior Sale
07/28/2021 07/28/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $119,000 +43.5% $111 / Sq Ft
11/13/2017 11/13/17 Sold $82,900 -7.9% $77 / Sq Ft View Prior Sale
09/25/2017 09/25/17 Pending -- -- --
05/09/2017 05/09/17 For Sale $90,000 -- $84 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $808 $58,600 $0 $0
2024 $8 $57,600 $0 $0
2023 $492 $51,500 $0 $0
2022 $1,120 $42,700 $0 $0
2021 $988 $45,000 $0 $0
2020 $977 $42,700 $0 $0
2019 $960 $40,900 $0 $0
2018 $1,051 $42,800 $0 $0
2017 $1,023 $41,800 $0 $0
2016 $1,015 $41,900 $0 $0
2015 -- $41,900 $0 $0
2014 -- $44,800 $0 $0
2012 -- $35,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50158445

Upper Peninsula Association of REALTORS®

APN: 52-07-464-003-00