Seller's Agent in 2023
John Demay
EXP REALTY OF MARQUETTE
(906) 362-1000
40 Total Sales
638 N 4th St Ishpeming, MI 49849
Estimated Value: $224,994
9
Beds
9
Baths
5,792
Sq Ft
$39/Sq Ft
Est. Value
About This Home
As of November 20239 unit apartment building in the city of Ishpeming. Brand new steam boiler in February, some long term tenants. All annual leases. 12% CAP rate based on 2022 annual expense and rents at 95% occupancy. Coin operated laundry in basement.
Last Agent to Sell the Property
EXP REALTY OF MARQUETTE License #UPAR Listed on: 05/29/2023
Property Details
Home Type
- Apartment
Year Built
- Built in 1895
Lot Details
- 5,663 Sq Ft Lot
- Lot Dimensions are 50x75
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Full Bathrooms
Basement
- Michigan Basement
- Block Basement Construction
Additional Features
- Oven or Range
- Washer
- Porch
- Gas Water Heater
Community Details
- 9 Units
- Laundry Facilities
- Net Operating Income $32,013
Listing and Financial Details
- Assessor Parcel Number 52-51-207-008-00
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 29, 2023
Closed on
Nov 1, 2023
Sold by
Bought by
Seller's Agent
John Demay
EXP REALTY OF MARQUETTE
Buyer's Agent
Scott Moiser
KEY REALTY DELTA COUNTY LLC
List Price
$265,000
Sold Price
$195,000
Premium/Discount to List
-$70,000
-26.42%
Views
45
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,994
Avg. Annual Appreciation
5.59%
Purchase Details
Listed on
Jul 12, 2018
Closed on
Sep 26, 2019
Sold by
Bought by
Seller's Agent
Terry Huffman
RE/MAX 1ST REALTY
Buyer's Agent
John Demay
EXP REALTY OF MARQUETTE
List Price
$195,000
Sold Price
$179,000
Premium/Discount to List
-$16,000
-8.21%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.12%
Purchase Details
Closed on
Jul 31, 2007
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $195,000 | None Listed On Document | ||
| $179,000 | Odea Nordeen Burink And Picken | ||
| $146,500 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $0 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/01/2023 11/01/23 | Sold | $195,000 | -13.3% | $34 / Sq Ft | |
| 10/12/2023 10/12/23 | Pending | -- | -- | -- | |
| 10/03/2023 10/03/23 | Price Changed | $225,000 | -13.1% | $39 / Sq Ft | |
| 08/10/2023 08/10/23 | Price Changed | $259,000 | -2.3% | $45 / Sq Ft | |
| 05/29/2023 05/29/23 | For Sale | $265,000 | +48.0% | $46 / Sq Ft | |
| 09/30/2019 09/30/19 | Sold | $179,000 | -8.2% | $107 / Sq Ft | View Prior Sale |
| 06/07/2019 06/07/19 | Pending | -- | -- | -- | |
| 07/12/2018 07/12/18 | For Sale | $195,000 | -- | $116 / Sq Ft |
Source: Upper Peninsula Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $4,253 | $102,700 | $0 | $0 |
| 2024 | $58 | $139,600 | $0 | $0 |
| 2023 | $799 | $119,750 | $0 | $0 |
| 2022 | $4,857 | $72,650 | $0 | $0 |
| 2021 | $4,739 | $86,700 | $0 | $0 |
| 2020 | $4,649 | $72,650 | $0 | $0 |
| 2019 | $4,660 | $72,700 | $0 | $0 |
| 2018 | $5,127 | $80,350 | $0 | $0 |
| 2017 | $5,035 | $79,300 | $0 | $0 |
| 2016 | $5,128 | $82,200 | $0 | $0 |
| 2015 | -- | $82,200 | $0 | $0 |
| 2014 | -- | $82,200 | $0 | $0 |
| 2012 | -- | $81,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
John Demay
-
Scott Moiser
Buyer's Agent in 2023
Scott Moiser
KEY REALTY DELTA COUNTY LLC
(906) 280-0903
380 Total Sales
-
Terry Huffman
Seller's Agent in 2019
Terry Huffman
RE/MAX 1ST REALTY
(906) 360-8258
230 Total Sales
Map
Source: Upper Peninsula Association of REALTORS®
MLS Number: 50110619
APN: 52-51-207-008-00
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