708 Bank St Ishpeming, MI 49849
4
Beds
2
Baths
1,881
Sq Ft
6,534
Sq Ft Lot
Highlights
- Contemporary Architecture
- Living Room
- Forced Air Heating System
- Main Floor Bedroom
- Property is near schools
About This Home
As of November 2024PRICE IMPROVEMENT! Affordable income-producing property in the city of Ishpeming with solid rental history! All separate utilities means the landlord gets the cash flow. Recent updates include 100 amp electrical in each unit, newer metal roof, newer vinyl windows, new flooring in lower unit, plumbing updated, new forced air furnace for upper unit. Lower unit could use a kitchen refresh so there is some sweat-equity potential here as well!
Last Agent to Sell the Property
RE/MAX 1ST REALTY License #UPAR-6501377601 Listed on: 05/22/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $630
Year Built
- Built in 1890
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 50x100
Parking
- 3 Car Parking Spaces
Home Design
- Duplex
- Contemporary Architecture
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Living Room
- Partial Basement
- Oven or Range
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Location
- Property is near schools
Utilities
- Forced Air Heating System
- Separate Meters
Community Details
- 2 Units
- Cleveland Iron Mining Cos 5Th Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 52-51-305-054-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 22, 2024
Closed on
Nov 27, 2024
Sold by
Poland Development Llc
Bought by
Sheckell Jeremy M
Seller's Agent
Dawn Florio
RE/MAX 1ST REALTY
Buyer's Agent
Dawn Florio
RE/MAX 1ST REALTY
List Price
$149,000
Sold Price
$134,500
Premium/Discount to List
-$14,500
-9.73%
Views
140
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
-$3,082
Avg. Annual Appreciation
-26.57%
Original Mortgage
$127,775
Outstanding Balance
$127,313
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
-$16,597
Purchase Details
Listed on
Jan 22, 2021
Closed on
May 21, 2021
Sold by
Michael Tall
Bought by
Poland Development Llc
Seller's Agent
Bradley Argall
RE/MAX 1ST REALTY
Buyer's Agent
David Mingay
RE/MAX 1ST REALTY
List Price
$89,900
Sold Price
$75,000
Premium/Discount to List
-$14,900
-16.57%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.05%
Original Mortgage
$61,355
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 5, 2020
Sold by
Michael Tall
Bought by
Ayotte Beverly L
Purchase Details
Closed on
Jul 17, 1995
Bought by
Tall Michael
Similar Homes in Ishpeming, MI
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $134,500 | None Listed On Document | |
| Warranty Deed | $134,500 | None Listed On Document | |
| Warranty Deed | $75,000 | Odea Nordeen And Pickens Pc | |
| Deed | -- | Graybill & Mead Pllc | |
| Deed | $32,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $127,775 | New Conventional | |
| Closed | $127,775 | New Conventional | |
| Previous Owner | $61,355 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/27/2024 11/27/24 | Sold | $134,500 | -3.9% | $72 / Sq Ft |
| 06/18/2024 06/18/24 | Price Changed | $139,900 | -3.5% | $74 / Sq Ft |
| 06/07/2024 06/07/24 | Price Changed | $145,000 | -2.7% | $77 / Sq Ft |
| 05/22/2024 05/22/24 | For Sale | $149,000 | +98.7% | $79 / Sq Ft |
| 05/21/2021 05/21/21 | Sold | $75,000 | -16.6% | $47 / Sq Ft |
| 03/20/2021 03/20/21 | Pending | -- | -- | -- |
| 01/22/2021 01/22/21 | For Sale | $89,900 | -- | $56 / Sq Ft |
Source: Upper Peninsula Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $8 | $44,800 | $0 | $0 |
| 2023 | $187 | $44,000 | $0 | $0 |
| 2022 | $1,496 | $40,400 | $0 | $0 |
| 2021 | $1,204 | $40,400 | $0 | $0 |
| 2020 | $1,198 | $40,400 | $0 | $0 |
| 2019 | $1,200 | $37,550 | $0 | $0 |
| 2018 | $1,194 | $34,200 | $0 | $0 |
| 2017 | $1,186 | $26,600 | $0 | $0 |
| 2016 | $1,168 | $26,000 | $0 | $0 |
| 2015 | -- | $26,000 | $0 | $0 |
| 2014 | -- | $27,900 | $0 | $0 |
| 2012 | -- | $27,350 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Dawn Florio
Seller's Agent in 2024
Dawn Florio
RE/MAX 1ST REALTY
(906) 360-0796
71 Total Sales
-
Bradley Argall
Seller's Agent in 2021
Bradley Argall
RE/MAX 1ST REALTY
(906) 458-2180
249 Total Sales
-
David Mingay
Buyer's Agent in 2021
David Mingay
RE/MAX 1ST REALTY
(906) 361-7604
129 Total Sales
Map
Source: Upper Peninsula Association of REALTORS®
MLS Number: 50142966
APN: 52-51-305-054-00
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