NOT LISTED FOR SALE

Estimated Value: $130,679

4 Beds
2 Baths
1,638 Sq Ft
$80/Sq Ft Est. Value

Sale Details

Date Sold: June 5, 2023

Last sale price $95,000 $58 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $997 / mo

45 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • Ceiling Fan

About This Home

As of June 2023

Charming 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

Jason Pabian

NEXTHOME SUPERIOR LIVING License #UPAR-6501446140 Listed on: 03/13/2023

NEXTHOME SUPERIOR LIVING

Co-Listed By

Melanie Oliver

NEXTHOME SUPERIOR LIVING License #UPAR-6501449944

Last Buyer's Agent

Gina Feltner Bouws

RE/MAX 1ST REALTY License #UPAR-297275

RE/MAX 1ST REALTY
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Property Details

Home Type

  • Multi-Family

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

8,276 Sq Ft Lot

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
  • Total Tax Amount: 1410.9
  • Year Built: 1880
  • Mail City: Ishpeming
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: MI Basement, Partial
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Source of Sq Ft: Appraisal

Exterior Features

  • Construction: Vinyl Siding
  • Exterior Features: Porch
  • Frontage: 76
  • Foundation Type: Basement
  • Roads: Paved Street

Garage/Parking

  • Parking: 2 Spaces

Utilities

  • Water: Public Water
  • Water Heater: Electric, Gas
  • Cooling System: Ceiling Fan(s)
  • Fuel Type: Electric, Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 52-51-303-503-00
  • Lot Dimensions: 76x114
  • Acreage: 0.19
  • Zoning: Multi-Family, Residential
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Taxes, Trash Removal, Water/Sewer

Tax Info

  • Summer Tax: Year: 2022, Amount: $893.39
  • Winter Tax: Year: 2021, Amount: $517.51
  • Total Tax: Amount: $1,410.90

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Ishpeming Public School District

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2023
Closed on
May 30, 2023
Sold by
Bought by
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
$130,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,679
Avg. Annual Appreciation
10.62%
Original Mortgage
$90,250
Outstanding Balance
$86,876
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$43,803

Purchase Details

Listed on
Sep 6, 2021
Closed on
Nov 22, 2021
Sold by
Bought by
Seller's Agent
Adam Karki
KELLER WILLIAMS FIRST UP
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
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Ishpeming, MI

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$95,000 None Listed On Document
$51,900 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $90,250
Previous Owner $42,809
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,326 $62,800 $0 $0
2025 $1,943 $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

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50103212

Upper Peninsula Association of REALTORS®

APN: 52-51-303-503-00

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