NOT LISTED FOR SALE

626 N 3rd St Ishpeming, MI 49849

Estimated Value: $157,000 - $265,000

4 Beds
2 Baths
2,668 Sq Ft
$82/Sq Ft Est. Value

Last Sold January 08, 2024

Last sale price $200,000 $75 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,197/month

20 Days on Market

About This Home

As of January 2024

This is a great opportunity to own a turnkey, impeccably maintained and updated income property within walking distance to the City of Ishpeming and The Heritage Trail, or just a short commute to Marquette/Lake Superior! Separate utilities, good off street parking, updated electric, with public transportation available. New roof three years ago; this would be a perfect set up for an owner occupied investment!

Last Agent to Sell the Property

Terry Huffman

RE/MAX 1ST REALTY License #UPAR Listed on: 09/13/2023

RE/MAX 1ST REALTY

Last Buyer's Agent

Melanie Oliver

NEXTHOME SUPERIOR LIVING License #UPAR-6501449944

NEXTHOME SUPERIOR LIVING

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1897

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 49x114

Parking

  • 3 Car Parking Spaces

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Boiler Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 52-51-206-006-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type: Duplex
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Conventional Frame
  • Total Tax Amount: 1980.5
  • Year Built: 1897
  • Mail City: Ishpeming
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement Type: Full
  • Bedrooms: 4
  • Bathroom Description: First Flr Bath Lav/Half, Second Flr Bath Lav/Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Pantry
  • Source of Sq Ft: Measured
  • Estimated Sq Ft: 2668

Exterior Features

  • Construction: Vinyl Siding
  • Exterior Features: Porch, Street Lights
  • Frontage: 49
  • Foundation Type: Basement
  • Roads: Alley, City/County, Year Round

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Ceiling Fan(s)
  • Fuel Type: Natural Gas
  • Heating System: Boiler
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 52-51-206-006-00
  • Location: Main Street
  • Lot Dimensions: 49x114
  • Acreage: 0.13
  • Lot Description: Platted, Sidewalks
  • Zoning: Residential
  • Geo Subdivision: MI

Rental Info

  • Lease Information: Month-To-Month, Security Deposit

Tax Info

  • Summer Tax: Year: 2023, Amount: $1,283.75
  • Winter Tax: Year: 2022, Amount: $696.75
  • Total Tax: Amount: $1,980.50

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Ishpeming Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Jan 8, 2024
Sold by
Toth Sarah G
Bought by
626 N Third Street Llc
Seller's Agent
Terry Huffman
RE/MAX 1ST REALTY
Buyer's Agent
Melanie Oliver
NEXTHOME SUPERIOR LIVING
List Price
$199,000
Sold Price
$200,000
Premium/Discount to List
$1,000
0.5%
Views
103
Current Estimated Value
$219,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,503
Avg. Annual Appreciation
5.91%
Original Mortgage
$101,780
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2004
Bought by
Rabe Bradley and Sarah Toth
Source: Public Records

Range of Values:

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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
626 N Third Street Llc $200,000 None Listed On Document
Rabe Bradley $39,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 626 N Third Street Llc $139,000
Closed 626 N Third Street Llc $101,780
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2024 01/08/24 Sold $200,000 +0.5% $75 / Sq Ft
09/13/2023 09/13/23 For Sale $199,000 -- $75 / 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 $13 $57,000 $0 $0
2024 $13 $56,500 $0 $0
2023 $309 $46,250 $0 $0
2022 $1,877 $30,150 $0 $0
2021 $1,831 $31,450 $0 $0
2020 $1,797 $30,150 $0 $0
2019 $1,766 $27,550 $0 $0
2018 $1,741 $27,800 $0 $0
2017 $1,696 $27,750 $0 $0
2016 $1,652 $26,400 $0 $0
2015 -- $26,400 $0 $0
2014 -- $27,600 $0 $0
2012 -- $26,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Terry Huffman

    Seller's Agent in 2024

    Terry Huffman

    RE/MAX 1ST REALTY

    (906) 360-8258

    14 in this area

    260 Total Sales

    Terry Huffman
    Section Image

  • M

    Buyer's Agent in 2024

    Melanie Oliver

    NEXTHOME SUPERIOR LIVING

    (906) 236-3346

    6 in this area

    11 Total Sales

    Melanie Oliver
    Section Image
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50121940

Upper Peninsula Association of REALTORS®

APN: 52-51-206-006-00

Michigan Marquette County Ishpeming 49849

626 N 3rd St, Ishpeming, MI

This home is located at 626 N 3rd St, Ishpeming, MI 49849 since 13 September 2023 and is currently estimated at $219,503, approximately $82 per square foot. This property was built in 1897. 626 N 3rd St is a home located in Marquette County with nearby schools including Birchview School, Ishpeming Middle School, and Ishpeming High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Upper Peninsula Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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