NOT LISTED FOR SALE

805 N 5th St Ishpeming, MI 49849

Estimated Value: $62,000 - $189,000

5 Beds
3 Baths
2,099 Sq Ft
$65/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $113,300 $54 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $759/month

40 Days on Market

Highlights

  • Corner Lot
  • Patio
  • Forced Air Heating System
  • Fenced Yard
  • Shed

About This Home

As of March 2023

This duplex is perfect for you if you're looking to start out as a landlord, or if you're interested in buying a property that you can rent out to cover the mortgage. It's a corner lot with two large units (3-bedroom 2 bath and 2-bedroom 1 bath), so it will be easy to find tenants. The three-bedroom unit doesn't need a bunch to move tenants right in and you'll be able to build sweat equity updating the upper unit. The metal roof, furnace and water heater are newer, so those big things have been done not long ago. The patio is perfect for grilling and summer relaxation!

Last Listed By

Adam Karki

RE/MAX 1ST REALTY License #UPAR Listed on: 11/04/2022

RE/MAX 1ST REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19

Year Built

  • Built in 1880

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 76x114
  • Fenced Yard
  • Corner Lot

Parking

  • 3 Car Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Partial Basement
  • Oven or Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 52-51-303-498-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19

Year Built

Built in 1880

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
  • Styles: Conventional Frame
  • Sub Structure Types: Shed
  • Year Built: 1880
  • Mail City: Ishpeming
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement Type: Partial
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Source of Sq Ft: Measured
  • Estimated Sq Ft: 2099

Exterior Features

  • Construction: Aluminum
  • Exterior Features: Fenced Yard, Patio, Sidewalks
  • Foundation Type: Basement
  • Roads: City/County, Paved Street, Year Round

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Water Heater: Other
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 52-51-303-498-00
  • Location: Corner Lot
  • Lot Dimensions: 76x114
  • Acreage: 0.19
  • Lot Description: Large Lot - 65+ Ft., Platted, Sidewalks
  • Zoning: Residential
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022
  • Winter Tax: Year: 2021

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
Nov 4, 2022
Closed on
Mar 21, 2023
Sold by
Lamere Wayne H and Lamere Debra S
Bought by
Mattson Naomi
Seller's Agent
Adam Karki
RE/MAX 1ST REALTY
Buyer's Agent
Adam Karki
RE/MAX 1ST REALTY
List Price
$114,000
Sold Price
$113,300
Premium/Discount to List
-$700
-0.61%
Total Days on Market
40
Current Estimated Value
$136,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,255
Avg. Annual Appreciation
39.95%
Original Mortgage
$107,635
Outstanding Balance
$105,320
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$124,933

Purchase Details

Closed on
Feb 22, 2001
Bought by
Lamere Wayne and Lamere Debra

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
Mattson Naomi $113,300 --
Lamere Wayne $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mattson Naomi $107,635
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2023 03/24/23 Sold $113,300 -0.6% $54 / Sq Ft
02/07/2023 02/07/23 For Sale $114,000 0.0% $54 / Sq Ft
12/14/2022 12/14/22 Pending -- -- --
11/23/2022 11/23/22 Price Changed $114,000 -4.9% $54 / Sq Ft
11/04/2022 11/04/22 For Sale $119,900 -- $57 / 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
2024 $19 $72,200 $0 $0
2023 $297 $55,150 $0 $0
2022 $1,394 $43,900 $0 $0
2021 $1,363 $44,650 $0 $0
2020 $1,335 $43,900 $0 $0
2019 $1,313 $41,900 $0 $0
2018 $1,275 $36,350 $0 $0
2017 $1,241 $25,950 $0 $0
2016 $1,202 $25,350 $0 $0
2015 -- $25,350 $0 $0
2014 -- $24,650 $0 $0
2012 -- $24,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Adam Karki

    Seller's Agent in 2023

    Adam Karki

    RE/MAX 1ST REALTY

    (906) 360-5420

    474 Total Sales

    Adam Karki
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50095150

Upper Peninsula Association of REALTORS®

APN: 52-51-303-498-00

Michigan Marquette County Ishpeming 49849

805 N 5th St, Ishpeming, MI

Homes for Sale in Ishpeming, MI

This home is located at 805 N 5th St, Ishpeming, MI 49849 since 04 November 2022 and is currently estimated at $136,555, approximately $65 per square foot. This property was built in 1880. 805 N 5th St is a home located in Marquette County with nearby schools including Birchview School, Ishpeming Middle School, and Ishpeming 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.