Seller's Agent in 2020
Tracy Henriksen
RE/MAX 1ST REALTY
(906) 250-0051
183 Total Sales
711 E Ridge St Ishpeming, MI 49849
Estimated Value: $116,000 - $154,417
5
Beds
2
Baths
2,790
Sq Ft
$47/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Porch
- Ceiling Fan
- 2 Car Detached Garage
- Shed
- Hot Water Heating System
About This Home
As of September 2020This rental is all set up and ready to go. Rent one side and live in the other or bring in rent on both sides. Side by side units each have a living room, kitchen, dining room, and separate laundry on the main level with all appliances included. 711 side has 2 bedrooms and a full bathroom upstairs. 713 side has 3 bedrooms and a full bathroom upstairs and a half bath downstairs. The 713 side also has access to the full basement which is plenty large and dry enough to add a family room, gym, or work shop. The third story (attic) is large with a lot of potential to be finished for extra space or storage. There are separate electric meters for each unit and a third meter on the water heater that can easily be split if wanted. Natural Gas hot water heat keeps this large duplex toasty in the winter months. There is an enclosed porch off the front, and an enclosed entry way off the back. The back yard is private and the front yard has a nice apple tree. There is a long driveway leading to the
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20
Year Built
- Built in 1880
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 70x90
Parking
- 2 Car Detached Garage
Home Design
- Brick Exterior Construction
- Cedar
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Wood Flooring
- Basement Fills Entire Space Under The House
Outdoor Features
- Shed
- Porch
Utilities
- Hot Water Heating System
- Internet Available
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 52-51-305-005-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 24, 2020
Closed on
Sep 25, 2020
Sold by
Justin Karnack
Bought by
T & T Development And Property M
Seller's Agent
Tracy Henriksen
RE/MAX 1ST REALTY
Buyer's Agent
Kristine Goupille
RE/MAX 1ST REALTY
List Price
$80,000
Sold Price
$99,500
Premium/Discount to List
$19,500
24.38%
Total Days on Market
2
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
$30,354
Avg. Annual Appreciation
6.40%
Original Mortgage
$82,096
Outstanding Balance
$74,166
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$58,257
Purchase Details
Closed on
Dec 29, 2008
Bought by
Karnack Justin and Karnack Charles
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| T & T Development And Property M | $99,500 | Bensinger Cotant & Menkes Pc | |
| Karnack Justin | $75,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | T & T Development And Property M | $82,096 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/25/2020 09/25/20 | Sold | $99,500 | +24.4% | $36 / Sq Ft |
| 08/26/2020 08/26/20 | Pending | -- | -- | -- |
| 08/24/2020 08/24/20 | For Sale | $80,000 | -- | $29 / 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 | $20 | $48,600 | $0 | $0 |
| 2023 | $460 | $46,900 | $0 | $0 |
| 2022 | $2,799 | $42,450 | $0 | $0 |
| 2021 | $2,731 | $42,450 | $0 | $0 |
| 2020 | $2,494 | $42,450 | $0 | $0 |
| 2019 | $2,451 | $38,750 | $0 | $0 |
| 2018 | $2,383 | $37,350 | $0 | $0 |
| 2017 | $2,345 | $37,700 | $0 | $0 |
| 2016 | $2,284 | $36,500 | $0 | $0 |
| 2015 | -- | $36,500 | $0 | $0 |
| 2014 | -- | $38,750 | $0 | $0 |
| 2012 | -- | $37,050 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tracy Henriksen
-
Kristine Goupille
Buyer's Agent in 2020
Kristine Goupille
RE/MAX 1ST REALTY
(906) 250-7344
285 Total Sales
Map
Source: Upper Peninsula Association of REALTORS®
MLS Number: 10072397
APN: 52-51-305-005-00
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