NOT LISTED FOR SALE

763 Maurice St Ishpeming, MI 49849

Estimated Value: $174,000 - $300,045

5 Beds
4 Baths
3,424 Sq Ft
$67/Sq Ft Est. Value

Last Sold September 11, 2023

Last sale price $260,000 $76 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $1,400/month

6 Days on Market

Highlights

  • Deck
  • Tudor Architecture
  • Patio
  • Main Floor Bedroom
  • Porch
  • Forced Air Heating System

About This Home

As of September 2023

This turn key four unit income property has a great rental history and nice cash flow. There are 2 large 2 bedroom apartments, 1 one bedroom apartment with it's own entrance and an efficiency apartment. Many updates have recently been done, including fresh exterior paint, new metal roof, deck and paved sidewalks and rear patio on the exterior. The inside has updated coin-op laundry room, fresh paint and new electrical service, 100 amp panels, and wiring to all stoves will be completed soon. Nestled in a neighbor it has always been easy to rent. Plenty of parking for the tenants in the rear of the property.

Last Agent to Sell the Property

CRYSTAL BARR BERGLUND

KELLER WILLIAMS NORTHERN MICHIGAN License #UPAR-6502388666 Listed on: 08/10/2023

KELLER WILLIAMS NORTHERN MICHIGAN

Last Buyer's Agent

Steve Pelto

LOOK REALTY License #UPAR

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1870

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 77x105

Parking

  • 3 Car Parking Spaces

Home Design

  • Tudor Architecture
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 4 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Mounted To A Wall or Window
  • Separate Meters
  • Gas Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 52-51-303-519-00

Community Details

Overview

  • 4 Units
  • Cleveland Iron Mining Cos 3Rd Add Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Tudor, Conventional Frame
  • Total Tax Amount: 2249
  • Total Tax Year: 2022
  • Year Built: 1870
  • Mail City: Ishpeming
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement Type: Full, MI Basement
  • Bedrooms: 5
  • Bathroom Description: First Flr Bath Lav/Half, Second Flr Bath Lav/Half
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Sub Room Description: First Floor Bedroom, First Floor Laundry, Utility/Laundry Room
  • Source of Sq Ft: Public Records

Exterior Features

  • Construction: Wood
  • Exterior Features: Deck, Patio, Porch
  • Frontage: 77
  • Foundation Type: Basement
  • Roads: Alley, City/County, Paved Street, Year Round

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

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

Condo/Co-op/Association

  • Community Amenities: Laundry Facility

Lot Info

  • Assessor Parcel Number: 52-51-303-519-00
  • Lot Dimensions: 77x105
  • Acreage: 0.19
  • Lot Description: Platted, Sidewalks
  • Zoning: Residential
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Lawn Maintenance, Gas, Snow Removal, Trash Removal, Water/Sewer

Tax Info

  • Summer Tax: Year: 2022, Amount: $1,414.00
  • Winter Tax: Year: 2022, Amount: $835.00
  • Total Tax: Year: 2022, Amount: $2,249.00

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Ishpeming Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2023
Closed on
Sep 11, 2023
Sold by
Enstrom Carole R
Bought by
Troudt Investments Llc
Seller's Agent
CRYSTAL BARR BERGLUND
KELLER WILLIAMS NORTHERN MICHIGAN
Buyer's Agent
Steve Pelto
LOOK REALTY
List Price
$269,900
Sold Price
$260,000
Premium/Discount to List
-$9,900
-3.67%
Views
2
Current Estimated Value
$227,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,239
Avg. Annual Appreciation
-5.41%
Original Mortgage
$208,000
Outstanding Balance
$202,645
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$25,116

Purchase Details

Closed on
May 29, 2001
Bought by
Koski Roy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Troudt Investments Llc $260,000 Transnation Title Agency
Koski Roy $4,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Troudt Investments Llc $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2023 09/11/23 Sold $260,000 -3.7% $76 / Sq Ft
08/16/2023 08/16/23 Pending -- -- --
08/10/2023 08/10/23 For Sale $269,900 -- $79 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

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 $2,586 $62,450 $0 $0
2024 $25 $61,300 $0 $0
2023 $370 $50,800 $0 $0
2022 $2,249 $40,350 $0 $0
2021 $2,195 $41,050 $0 $0
2020 $2,153 $40,350 $0 $0
2019 $2,116 $38,400 $0 $0
2018 $2,057 $35,550 $0 $0
2017 $2,005 $31,750 $0 $0
2016 $1,953 $30,900 $0 $0
2015 -- $30,900 $0 $0
2014 -- $30,000 $0 $0
2012 -- $30,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50118501

Upper Peninsula Association of REALTORS®

APN: 52-51-303-519-00