NOT LISTED FOR SALE

621 Cleveland Ave Ishpeming, MI 49849

Estimated Value: $174,000 - $236,620

-- Bed
1 Bath
3,168 Sq Ft
$64/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $105,000 $33 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,261/month

4 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Hot Water Heating System
  • 2 Car Detached Garage
  • Shed
  • Laundry Facilities

About This Home

As of July 2021

Triplex with an excellent rental history and a great investment opportunity. Unit #1 is the left side, 2 story, with 4 bedrooms, 1 bath, laundry in basement. Unit #1 also gets 1 garage space w/2 off street alley parking and tenant pays all utilities with rent being $490/month. Unit #2 is the right side entry, 2 story, with 3 bedrooms, 2 baths, front porch, sunroom, laundry in basement, 1 garage space and all utilities included with rent being $785/month . Unit #3 is the back entry only, 2 story, 2 bedrooms, 1 bath, no basement use, no garage space, 1 parking spot off of alley and tenant pays water/sewer/electric. Unit #3 is currently vacant, with the previous rent being $565/month. Triplex has a steel roof and hardwood floors. The storage building was a carriage house long ago and has attic space used for storage.

Last Agent to Sell the Property

Lee Haynes

SELECT REALTY License #UPAR Listed on: 05/23/2021

Last Buyer's Agent

Benjamin Argall

NEXTHOME SUPERIOR LIVING License #UPAR-6502430986

NEXTHOME SUPERIOR LIVING

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1885

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 76x105

Parking

  • 2 Car Detached Garage

Outdoor Features

  • Shed
  • Porch

Utilities

  • Hot Water Heating System
  • Internet Available

Additional Features

  • Wood Flooring
  • Basement Fills Entire Space Under The House

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 52-51-305-070-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: More Than 2 Stories
  • Sub Structure Types: Shed
  • Year Built: 1885
  • Mail City: Ishpeming
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable/Internet Avail., Hardwood Floors
  • Basement: Yes
  • Basement Type: Full

Exterior Features

  • Construction: Aluminum
  • Exterior Features: Porch
  • Roads: City/County

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 2
  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Fuel Type: Electric, Natural Gas
  • Heating System: Hot Water
  • Sewer/Septic System: Public Sanitary

Condo/Co-op/Association

  • Community Amenities: Laundry Facility

Lot Info

  • Assessor Parcel Number: 52-51-305-070-00
  • Lot Dimensions: 76x105
  • Acreage: 0.18
  • Geo Subdivision: MI

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Ishpeming Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2021
Closed on
Jul 30, 2021
Sold by
Payment Thomas C
Bought by
Sunshine Adventure Properties Llc
Seller's Agent
Lee Haynes
SELECT REALTY
Buyer's Agent
Benjamin Argall
NEXTHOME SUPERIOR LIVING
List Price
$109,500
Sold Price
$105,000
Premium/Discount to List
-$4,500
-4.11%
Current Estimated Value
$202,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,405
Avg. Annual Appreciation
16.05%
Original Mortgage
$84,000
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2013
Bought by
Robinson Shaw
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Sunshine Adventure Properties Llc $105,000 None Listed On Document
Robinson Shaw $70,000 --
Robinson Shaw D $70,000 Kendricks Bordeau Adamini Gree
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sunshine Adventure Properties Llc $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2021 07/30/21 Sold $105,000 -4.1% $33 / Sq Ft
05/27/2021 05/27/21 Pending -- -- --
05/23/2021 05/23/21 For Sale $109,500 +19.7% $35 / Sq Ft
05/13/2019 05/13/19 Sold $91,500 -16.7% $29 / Sq Ft View Prior Sale
03/18/2019 03/18/19 Pending -- -- --
07/23/2018 07/23/18 For Sale $109,900 -- $35 / 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 $2,404 $78,200 $0 $0
2024 $23 $56,300 $0 $0
2023 $545 $54,450 $0 $0
2022 $3,367 $41,750 $0 $0
2021 $2,724 $49,300 $0 $0
2020 $2,672 $41,750 $0 $0
2019 $2,415 $38,550 $0 $0
2018 $2,452 $36,800 $0 $0
2017 $2,156 $34,300 $0 $0
2016 $2,099 $33,550 $0 $0
2015 -- $33,550 $0 $0
2014 -- $36,450 $0 $0
2012 -- $35,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10072636

Upper Peninsula Association of REALTORS®

APN: 52-51-305-070-00