Seller's Agent in 2023
Adam Karki
RE/MAX 1ST REALTY
(906) 360-5420
87 in this area
437 Total Sales
805 N 5th St Ishpeming, MI 49849
Estimated Value: $136,000 - $213,000
5
Beds
3
Baths
2,099
Sq Ft
$86/Sq Ft
Est. Value
Highlights
- Corner Lot
- Patio
- Forced Air Heating System
- Fenced Yard
- Shed
About This Home
As of March 2023This 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!
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 11, 2025
Sold by
Mattson Naomi
Bought by
Mattsons Property Rentals Llc
Current Estimated Value
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%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.13%
Original Mortgage
$107,635
Interest Rate
6.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 22, 2001
Bought by
Lamere Wayne and Lamere Debra
Create a Home Valuation Report for This Property
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mattsons Property Rentals Llc | -- | None Listed On Document | |
| Mattson Naomi | $113,300 | -- | |
| Lamere Wayne | $5,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mattson Naomi | $107,635 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
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 | $19 | $73,350 | $0 | $0 |
| 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
Map
Source: Upper Peninsula Association of REALTORS®
MLS Number: 50095150
APN: 52-51-303-498-00
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