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1121 East Margaret Street

1121 East Margaret Street, Ironwood, MI 49938
House in Ironwood
Refi Jun 18, 2018
Transfer
$116,400 by River Valley Bank
Mortgage Due Jul 01, 2048
Local assessors in Ironwood, MI have categorized 1121 East Margaret Street as a residential type of property. The home was built in 1975 and is 49 years old. The property's lot size has been calculated to be 17,424 square feet. The linear feet between the front and back of the lot was measured at 1,320 ft and the front of the lot was measured at 1,320 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a raised ranch style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1121 East Margaret Street has a total of 1,328 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 576 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. The home's a hot water heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $2,210 in taxes each year. 1121 East Margaret Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $44,272. If we break it down further, the land itself was valued at $924. Improvements to the property, however, were assessed at a total of $43,348. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Raised Ranch
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,328
  • Garage Type: Garage
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 17,424
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 1,320
  • Total Building Area: 1,328
  • Building Area: 1,328
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,328
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GREENFIELD HEIGHTS
  • Land Acres: 0.4
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOTS 6, 7, & 8 BLOCK 3 GREENFIELD HEIGHTS

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Ironwood Area Schools
  • School Tax School District: 27020
  • Census Tract: 950500

Zoning

  • Zoning: R-1

Geography

  • District: 52
  • Parcel: 52-14-376-070
  • Block: 3
  • Lot: 6-8
  • Municipality: IRONWOOD CITY
  • Latitude: 46.4667
  • Longitude: -90.1498

    Address

  • Full Address: 1121 E Margaret St
  • Address - House Number: 1121
  • Street Direction: E
  • Address - Street Name: Margaret
  • Address - Suffix Type: St
  • State: MI
  • City Name: Ironwood
  • Carrier Code: C007
  • 4-Digit Zip Code: 1633
  • Zip Code: 49938

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,210

    Appraisal Valuation

  • Standard Deviation: 0.1311
  • Valuation Date: Dec 21, 2022
  • Confidence Score: 73
  • Final Value: 119,560
  • High Value: 135,245
  • Low Value: 103,874

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $116,400
  • First Open Lien Mortgage Lender: RIVER VALLEY BANK
  • First Open Lien Mortgage Recording Date: Jun 18, 2018
  • First Open Lien Mortgage Loan Amount: $116,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2048

    Market Valuation

  • Market Total Value: $88,544
  • Market Land Value: $1,848
  • Market Improvement Value: $86,696

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $44,272
  • Assessed Land Value: $924
  • Assessed Improvements Value: $43,348

    Exemptions

  • Homeowner Exemption: Yes

About Ironwood



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Frequently Asked Questions

What neighborhood is 1121 East Margaret Street located in?
The 1121 East Margaret Street is a house located in the neighborhood of Ironwood in Ironwood, Ironwood.
What is the average sales price for listings in 1121 East Margaret Street?
The average sales price for units in 1121 East Margaret Street is $0 currently.

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