NOT LISTED FOR SALE

707 W Edwards Ave Houghton, MI 49931

Estimated Value: $155,176 - $165,000

3 Beds
1 Bath
1,360 Sq Ft
$117/Sq Ft Est. Value

Last Sold July 27, 2023

Last sale price $110,000 $81 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,013/month

6 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Bonus Room
  • Houghton Elementary School Rated A
  • Traditional Architecture
  • Porch

About This Home

As of July 2023

Welcome to this 3-bedroom, 1-bathroom home located in the City of Houghton, MI. This property has a registered rental permit, allowing for up to 3 unrelated tenants, making it an ideal residential or investment opportunity. At the front of the home is a raised deck leading to a good-sized enclosed porch. The main floor of the home features comfortable living and dining areas. You'll also find a convenient main-floor laundry room and bathroom. The three upstairs bedrooms offer plenty of space and natural light. Whether you need a home office, guest room, or space for your family, these rooms will accommodate your needs. Outside, there is a paved driveway for easy parking and a backyard that could be converted into a great natural entertainment space. It is also conveniently located near downtown Houghton, allowing easy access to an array of shopping, dining, and entertainment options. For families with young children, Houghton Elementary School is just a short distance away, ensuring a quick and stress-free commute. The home is also close to West Houghton Park/Ice Rink, providing outdoor recreational opportunities. Whether you're looking for a residential or investment opportunity, don't miss out on this opportunity in the City of Houghton. Schedule a showing today! NOTICE: All information believed accurate but not warranted. It is the Buyers obligation to inspect the property and verify all information. The buyer bears all risks for any inaccuracies. Tax information is subject to change. Taxes are not 0. References to square footage, lot size/dimensions, and age are approximate.

Last Agent to Sell the Property

Mike Borsum

RE/MAX DOUGLASS R.E.-H License #UPAR-6501278088 Listed on: 06/05/2023

RE/MAX DOUGLASS R.E.-H

Last Buyer's Agent

Gretchen Janssen

RE/MAX DOUGLASS R.E.-H License #UPAR

RE/MAX DOUGLASS R.E.-H

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Sloped Lot
  • Wooded Lot

Parking

  • 3 Car Parking Spaces

Home Design

  • Traditional Architecture
  • Wood Siding

Interior Spaces

  • 1,360 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Bonus Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Michigan Basement
  • Stone Basement

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Internet Available

Community Details

  • West Houghton 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 052-284-004-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,011

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type: Investment, Residential
  • Type Of Property: Single Family
  • Architecture Style: Traditional
  • Structure Style: 2 Story
  • Total Tax Amount: 1827
  • Total Tax Year: 2022
  • Year Built: 1900
  • Mail City: Houghton
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Fireplaces: None (FireplaceFeatures)
  • Basement: Yes
  • Basement: MI Basement, Stone, Unfinished
  • Bedrooms: 3
  • Bedroom 1: On 2nd Floor, Dimensions: 16 x 12
  • Bedroom 2: On 2nd Floor, Dimensions: 12 x 9
  • Bedroom 3: On 2nd Floor, Dimensions: 7 x 9
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: First
  • Room Types: First Floor Laundry, Living Room, Bonus Room, Eat-In Kitchen
  • Below Grade Sq Ft: 760
  • Above Grade Finished Sq Ft: 1360
  • Total Finished Sq Ft: 1360

Exterior Features

  • Exterior: Wood
  • Exterior Features: Deck, Porch
  • Foundation: Basement, Michigan Basement
  • Frontage: 50
  • Road: City/County, Paved Street, Year Round
  • Out Buildings: None (OtherStructures)
  • Frontage Type: Road

Garage/Parking

  • Parking: 3 or More Spaces, Paved Driveway
  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Electric

Lot Info

  • Assessor Parcel Number: 052-284-004-00
  • Zoning: Residential
  • Lot Dimensions: 50x100
  • Acreage: 0.12
  • Geo Subdivision: MI
  • Site/Lot Features: Sloping, Wooded, City Limits

Tax Info

  • Summer Tax: Year: 2022, Amount: $1,270.00
  • Winter Tax: Year: 2022, Amount: $557.00
  • Total Tax: Year: 2022, Amount: $1,827.00
  • SEV Year: 2023

MLS Schools

  • School District: Houghton-Portage Twp Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2023
Closed on
Jul 17, 2023
Sold by
Gannon Glen M
Bought by
L & Z Rentals Llc
Seller's Agent
Mike Borsum
RE/MAX DOUGLASS R.E.-H
Buyer's Agent
Gretchen Janssen
RE/MAX DOUGLASS R.E.-H
List Price
$114,900
Sold Price
$110,000
Premium/Discount to List
-$4,900
-4.26%
Current Estimated Value
$158,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,725
Avg. Annual Appreciation
18.14%
Original Mortgage
$93,500
Outstanding Balance
$91,278
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$67,447

Purchase Details

Closed on
Dec 14, 2017
Sold by
Neil Paynter
Bought by
Gannon Glen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
3.9%
Mortgage Type
New Conventional
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
L & Z Rentals Llc $110,000 Attorney Only
Gannon Glen M $51,000 Copper Range Abs & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open L & Z Rentals Llc $93,500
Previous Owner Gannon Glen M $39,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/27/2023 07/27/23 Sold $110,000 -4.3% $81 / Sq Ft
06/05/2023 06/05/23 For Sale $114,900 +228.3% $84 / Sq Ft
11/01/2013 11/01/13 Sold $35,000 -35.7% $29 / Sq Ft View Prior Sale
10/19/2013 10/19/13 Pending -- -- --
08/21/2012 08/21/12 For Sale $54,400 -- $45 / 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 $2,011 $54,383 $0 $0
2024 $1,400 $48,776 $0 $0
2023 $1,334 $39,648 $0 $0
2022 $1,827 $34,568 $0 $0
2021 $1,789 $32,636 $0 $0
2020 $1,766 $31,026 $0 $0
2019 $1,863 $29,356 $0 $0
2018 $1,690 $26,424 $0 $0
2017 $1,992 $34,876 $0 $0
2016 -- $33,016 $0 $0
2015 -- $31,411 $0 $0
2014 -- $31,381 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Mike Borsum

    RE/MAX DOUGLASS R.E.-H

    (906) 370-6738

    28 Total Sales

    Mike Borsum
    Section Image
  • Gretchen Janssen

    Buyer's Agent in 2023

    Gretchen Janssen

    RE/MAX DOUGLASS R.E.-H

    (906) 370-4738

    174 Total Sales

    Gretchen Janssen
    Section Image

  • A

    Seller's Agent in 2013

    Allan Baker

    ALLAN'S REALTY

See All Agents

Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50111202

Upper Peninsula Association of REALTORS®

APN: 052-284-004-00

Michigan Houghton County Houghton 49931

707 W Edwards Ave, Houghton, MI

This home is located at 707 W Edwards Ave, Houghton, MI 49931 since 05 June 2023 and is currently estimated at $158,725, approximately $116 per square foot. This property was built in 1900. 707 W Edwards Ave is a home located in Houghton County with nearby schools including Houghton Elementary School, Houghton Middle School, and Houghton Central 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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