Seller's Agent in 2023
Jason Pabian
NEXTHOME SUPERIOR LIVING
(906) 362-6865
5 in this area
10 Total Sales
915 N 5th St Ishpeming, MI 49849
Estimated Value: $104,000 - $140,000
4
Beds
2
Baths
1,638
Sq Ft
$71/Sq Ft
Est. Value
Highlights
- Porch
- Forced Air Heating System
- Ceiling Fan
About This Home
As of June 2023Charming duplex can make an excellent investment opportunity! Looking to own a duplex to rent out both units or live in one unit and rent the other?! The upper unit is a 2 bedroom one bath with private entrance, eat in kitchen and lots of natural light throughout. The lower unit is also 2 bedrooms, one bathroom, eat in kitchen, high ceilings, sun porch and private entrance. Off Street parking for both units. Features a large back yard. Total monthly rent income is $1400. Tenants also pay their own gas and electric. Both units are on a month to month lease. Sellers are both licensed Michigan Realtors.
Last Agent to Sell the Property
NEXTHOME SUPERIOR LIVING License #UPAR-6501446140 Listed on: 03/13/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1880
Lot Details
- 8,276 Sq Ft Lot
- Lot Dimensions are 76x114
Parking
- 2 Car Parking Spaces
Home Design
- Duplex
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Oven or Range
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Basement
- Michigan Basement
- Partial Basement
Outdoor Features
- Porch
Utilities
- Forced Air Heating System
- Separate Meters
- Gas Water Heater
Community Details
- 2 Units
- Ishpeming City Cleveland Iron Mining Co's. 3Rd Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 52-51-303-503-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 13, 2023
Closed on
May 30, 2023
Sold by
Jm Superior Properties Llc
Bought by
Hogan Duncan
Seller's Agent
Jason Pabian
NEXTHOME SUPERIOR LIVING
Buyer's Agent
Gina Feltner Bouws
RE/MAX 1ST REALTY
List Price
$134,900
Sold Price
$95,000
Premium/Discount to List
-$39,900
-29.58%
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
$21,496
Avg. Annual Appreciation
9.26%
Original Mortgage
$90,250
Outstanding Balance
$88,044
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$27,691
Purchase Details
Listed on
Sep 6, 2021
Closed on
Nov 22, 2021
Sold by
Gleason Brian P and Gleason Patricia J
Bought by
Jm Superior Properties Llc
Seller's Agent
Adam Karki
RE/MAX 1ST REALTY
Buyer's Agent
Benjamin Argall
NEXTHOME SUPERIOR LIVING
List Price
$64,900
Sold Price
$51,900
Premium/Discount to List
-$13,000
-20.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.46%
Original Mortgage
$42,809
Interest Rate
2.99%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Hogan Duncan | $95,000 | None Listed On Document | |
| Jm Superior Properties Llc | $51,900 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hogan Duncan | $90,250 | |
| Previous Owner | Jm Superior Properties Llc | $42,809 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/05/2023 06/05/23 | Sold | $95,000 | -19.4% | $58 / Sq Ft |
| 04/27/2023 04/27/23 | Pending | -- | -- | -- |
| 04/12/2023 04/12/23 | Price Changed | $117,900 | -12.6% | $72 / Sq Ft |
| 03/13/2023 03/13/23 | For Sale | $134,900 | +159.9% | $82 / Sq Ft |
| 11/22/2021 11/22/21 | Sold | $51,900 | -20.0% | $27 / Sq Ft |
| 09/13/2021 09/13/21 | Pending | -- | -- | -- |
| 09/06/2021 09/06/21 | For Sale | $64,900 | -- | $33 / 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 | $60,100 | $0 | $0 |
| 2024 | $19 | $58,950 | $0 | $0 |
| 2023 | $371 | $47,250 | $0 | $0 |
| 2022 | $2,253 | $31,000 | $0 | $0 |
| 2021 | $1,426 | $31,500 | $0 | $0 |
| 2020 | $1,399 | $31,000 | $0 | $0 |
| 2019 | $1,375 | $29,550 | $0 | $0 |
| 2018 | $1,336 | $31,500 | $0 | $0 |
| 2017 | $1,303 | $31,050 | $0 | $0 |
| 2016 | $1,268 | $30,300 | $0 | $0 |
| 2015 | -- | $30,300 | $0 | $0 |
| 2014 | -- | $29,450 | $0 | $0 |
| 2012 | -- | $28,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Pabian
-
Melanie Oliver
M
Seller Co-Listing Agent in 2023
Melanie Oliver
NEXTHOME SUPERIOR LIVING
(906) 236-3346
6 in this area
11 Total Sales
-
Gina Feltner Bouws
Buyer's Agent in 2023
Gina Feltner Bouws
RE/MAX 1ST REALTY
(615) 364-9529
21 in this area
387 Total Sales
-
Adam Karki
Seller's Agent in 2021
Adam Karki
RE/MAX 1ST REALTY
(906) 360-5420
96 in this area
455 Total Sales
-
Benjamin Argall
Buyer's Agent in 2021
Benjamin Argall
NEXTHOME SUPERIOR LIVING
74 in this area
170 Total Sales
Map
Source: Upper Peninsula Association of REALTORS®
MLS Number: 50103212
APN: 52-51-303-503-00
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