NOT LISTED FOR SALE

701 Wabash St Ishpeming, MI 49849

Estimated Value: $109,000 - $139,000

4 Beds
2 Baths
1,700 Sq Ft
$71/Sq Ft Est. Value

Last Sold August 15, 2023

Last sale price $106,000 $62 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $661/month

81 Days on Market

Highlights

  • Deck
  • Porch
  • Wood Siding
  • Corner Lot
  • Ceiling height of 9 feet or more
  • Boiler Heating System

About This Home

As of August 2023

Investment opportunity, or perhaps an owner occupied rental property. This duplex is on a corner lot within walking distance to the post office and downtown Ishpeming. This four bedroom two bathroom duplex, currently brings in $1,275 in rent each month. The downstairs unit offers two bedrooms, full bathroom, washer and dryer and a side deck. The upstairs unit offers two bedrooms and one small full bathroom as well. Parking in the back, room for 2+ cars. Tall ceilings and windows to bring in nature light. Mature trees offer privacy from the street. This information has been secured from sources we believe to be reliable, but we make no representation or warranties, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for inaccuracies.

Last Agent to Sell the Property

Debra Jensen

NORTHERN EAGLE REALTORS License #UPAR-6501441295 Listed on: 08/30/2022

Last Buyer's Agent

Les Thatcher

NORTHERN EAGLE REALTORS License #UPAR-6502111215

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 75' x 110'
  • Corner Lot

Parking

  • Unassigned Parking

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Basement
  • Stone Basement
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

  • Boiler Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 52-51-303-557-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14

Year Built

Built in 1900

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
  • Total Tax Amount: 1527.04
  • Year Built: 1900
  • Mail City: Ishpeming
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: 9 Ft + Ceilings
  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement Type: Stone
  • Bedrooms: 4
  • Bathroom Description: First Flr Bath Lav/Half, Second Flr Bath Lav/Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Pantry, Eat-In Kitchen, Formal Dining Room
  • Source of Sq Ft: Estimated
  • Estimated Sq Ft: 1700

Exterior Features

  • Construction: Wood
  • Exterior Features: Deck, Porch
  • Foundation Type: Basement
  • Roads: Paved Street

Garage/Parking

  • Parking: Unassigned/General

Utilities

  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Heating System: Boiler, Electric Heat
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 52-51-303-557-00
  • Location: Corner Lot
  • Lot Dimensions: 75' X 110'
  • Acreage: 0.19
  • Zoning: Multi-Family, Residential
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $966.92
  • Winter Tax: Year: 2021, Amount: $560.12
  • Total Tax: Amount: $1,527.04
  • SEV Year: 2022

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
Aug 30, 2022
Closed on
Aug 11, 2023
Sold by
Thatch Housing Llc
Bought by
Beckwith Dolores L
Seller's Agent
Debra Jensen
NORTHERN EAGLE REALTORS
Buyer's Agent
Les Thatcher
NORTHERN EAGLE REALTORS
List Price
$101,500
Sold Price
$106,000
Premium/Discount to List
$4,500
4.43%
Views
1
Current Estimated Value
$120,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,629
Avg. Annual Appreciation
7.03%
Original Mortgage
$106,000
Outstanding Balance
$103,791
Interest Rate
6.81%
Mortgage Type
VA
Estimated Equity
$17,643

Purchase Details

Listed on
Dec 30, 2014
Closed on
Apr 17, 2015
Seller's Agent
David Stefan
EXP REALTY OF MARQUETTE
Buyer's Agent
Joshua Thatcher
NORTHERN EAGLE REALTORS
List Price
$37,000
Sold Price
$30,000
Premium/Discount to List
-$7,000
-18.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.36%
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
Beckwith Dolores L $106,000 Transnation Title Agency
-- $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beckwith Dolores L $106,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2023 08/15/23 Sold $106,000 +4.4% $62 / Sq Ft
11/19/2022 11/19/22 Pending -- -- --
08/30/2022 08/30/22 For Sale $101,500 +238.3% $60 / Sq Ft
04/17/2015 04/17/15 Sold $30,000 -18.9% $15 / Sq Ft
04/02/2015 04/02/15 Pending -- -- --
12/30/2014 12/30/14 For Sale $37,000 -- $18 / 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 $14 $62,300 $0 $0
2024 $14 $61,200 $0 $0
2023 $253 $34,850 $0 $0
2022 $1,538 $27,850 $0 $0
2021 $1,500 $28,300 $0 $0
2020 $1,472 $27,850 $0 $0
2019 $1,447 $26,600 $0 $0
2018 $1,407 $23,550 $0 $0
2017 $1,371 $23,200 $0 $0
2016 $1,335 $21,150 $0 $0
2015 -- $21,150 $0 $0
2014 -- $21,400 $0 $0
2012 -- $21,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50088605

Upper Peninsula Association of REALTORS®

APN: 52-51-303-557-00