NOT LISTED FOR SALE

645 E Division St Unit 647 E. Division Stre Ishpeming, MI 49849

Estimated Value: $132,000 - $194,000

-- Bed
2 Baths
1,650 Sq Ft
$97/Sq Ft Est. Value

Last Sold July 02, 2019

Last sale price $82,000 $50 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $837/month

31 Days on Market

Highlights

  • Hot Water Heating System
  • Laundry Facilities
  • Space Heater

About This Home

As of July 2019

Perfect opportunity for a new or seasoned investor. Get started in home ownership by allowing others to pay the mortgage for not only their rentals, but for your living space, as well. For this price, you get a very nice, well-maintained duplex (2 two-bedroom units) AND a quaint 650 sq ft single family home (home rents for $520/month with tenant paying their own electric). Both buildings have had the roofs, windows and electrical panels updated, as well as the boiler and hot water heater in the duplex. Updated copper plumbing throughout. The units all come with a stove, refrigerator and plenty of parking. Ceilings are high and rooms are spacious. There is even a washer and dryer available for all the tentants to use. The proximity to the Iron Ore Heritage Trail makes this property even more desirable. Excellent rental history. Let your money work for you.

Last Agent to Sell the Property

Adam Karki

RE/MAX 1ST REALTY License #UPAR Listed on: 04/22/2019

RE/MAX 1ST REALTY

Last Buyer's Agent

Adam Karki

RE/MAX 1ST REALTY License #UPAR Listed on: 04/22/2019

RE/MAX 1ST REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16

Year Built

  • Built in 1898

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 80x85x114x80

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • Space Heater
  • Hot Water Heating System

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 52-51-350-028-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Year: 2018
  • Year Built: 1898
  • Mail City: Ishpeming
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Estimated Sq Ft: 1650

Exterior Features

  • Construction: Vinyl Siding
  • Roads: City/County

Utilities

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

Condo/Co-op/Association

  • Community Amenities: Laundry Facility

Lot Info

  • Assessor Parcel Number: 52-51-350-028-00
  • Lot Dimensions: 80x85x114x80
  • Acreage: 0.22
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2018

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
Apr 22, 2019
Closed on
Jul 2, 2019
Sold by
Huard Paul L and Huard Charlotte
Bought by
Nine Properties Llc
Seller's Agent
Adam Karki
RE/MAX 1ST REALTY
Buyer's Agent
Adam Karki
RE/MAX 1ST REALTY
List Price
$88,000
Sold Price
$82,000
Premium/Discount to List
-$6,000
-6.82%
Current Estimated Value
$159,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,357
Avg. Annual Appreciation
11.07%
Original Mortgage
$260,088
Outstanding Balance
$228,697
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
-$69,340

Purchase Details

Closed on
Jun 12, 2003
Bought by
Huard Paul and Huard Charlotte
Source: Public Records

Range of Values:

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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
Nine Properties Llc $315,000 --
Huard Paul $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nine Properties Llc $260,088
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2019 07/02/19 Sold $82,000 -6.8% $50 / Sq Ft
05/23/2019 05/23/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $88,000 -- $53 / 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 $16 $62,950 $0 $0
2024 $16 $60,650 $0 $0
2023 $371 $49,600 $0 $0
2022 $2,255 $34,050 $0 $0
2021 $2,200 $34,200 $0 $0
2020 $2,179 $34,050 $0 $0
2019 $2,136 $33,750 $0 $0
2018 $2,076 $33,750 $0 $0
2017 $2,024 $33,750 $0 $0
2016 $1,971 $32,700 $0 $0
2015 -- $32,700 $0 $0
2014 -- $34,300 $0 $0
2012 -- $33,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Adam Karki

    Seller's Agent in 2019

    Adam Karki

    RE/MAX 1ST REALTY

    (906) 360-5420

    85 in this area

    432 Total Sales

    Adam Karki
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10072321

Upper Peninsula Association of REALTORS®

APN: 52-51-350-028-00

Michigan Marquette County Ishpeming 49849

645 E Division St Unit 647 E. Division Stre, Ishpeming, MI

This home is located at 645 E Division St Unit 647 E. Division Stre, Ishpeming, MI 49849 since 22 April 2019 and is currently estimated at $159,357, approximately $96 per square foot. This property was built in 1898. 645 E Division St Unit 647 E. Division Stre 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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