LISA ELZINGA
KELLER WILLIAMS FIRST UP
(906) 936-6145
39 Total Sales
2 in Ishpeming
$175K - $200K Price Range
638 N 4th St Ishpeming, MI 49849
Ishpeming AreaEstimated Value: $237,551
9
Beds
9
Baths
5,792
Sq Ft
$41/Sq Ft
Est. Value
Highlights
- Porch
- Heating System Uses Steam
- Laundry Facilities
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
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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
- Crawl Space
Utilities
- Heating System Uses Steam
- Gas Water Heater
Additional Features
- Oven or Range
- Washer
- Porch
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
$42,551
Avg. Annual Appreciation
7.44%
Original Mortgage
$315,000
Outstanding Balance
$57,382
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$180,169
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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Ishpeming, MI
-
LISA ELZINGA
-
Craig Kangas
Craig Kangas
Responds QuicklyNORTHERN MICHIGAN LAND BROKERS - H
(906) 299-9786
69 Total Sales
1 in Ishpeming
$225,000 Price
-
David Gunnell
David Gunnell
NORTHERN MICHIGAN LAND BROKERS
(906) 936-3854
93 Total Sales
1 in Ishpeming
$135,000 Price
-
David Howard
David Howard
CENTURY 21 C. Howard
(269) 359-3353
167 Total Sales
1 in Ishpeming
$32,500 Price
-
Jason Copeman
Jason Copeman
Copeman Realty
(906) 936-3892
38 Total Sales
2 in Ishpeming
$123K - $167K Price Range
-
Daniel Menard
Daniel Menard
COLDWELL BANKER SCHMIDT REALTORS
(906) 936-6206
157 Total Sales
14 in Ishpeming
$92K - $275K Price Range
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 |
|---|---|---|---|
| Open | $315,000 |
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 |
|---|---|---|---|---|
| 2026 | $6,617 | $117,600 | $0 | $0 |
| 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
Seller's Agent in 2023
John Demay
EXP REALTY OF MARQUETTE
(906) 362-1000
37 Total Sales
-
Scott Moiser
Buyer's Agent in 2023
Scott Moiser
KEY REALTY DELTA COUNTY LLC
(906) 280-0903
387 Total Sales
-
Terry Huffman
Seller's Agent in 2019
Terry Huffman
RE/MAX 1ST REALTY
(906) 360-8258
227 Total Sales
Map
Source: Upper Peninsula Association of REALTORS®
MLS Number: 50110619
APN: 52-51-207-008-00
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