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225 East Ridge Street

225 East Ridge Street, Ironwood, MI 49938
Property in Ironwood
Sold Aug 04, 2021
$105,000
$121,500 by Peninsula Federal Credit Union
Mortgage Due Aug 09, 2042
Local assessors in Ironwood, MI have categorized 225 East Ridge Street as a residential type of property. The home was built in 1910 and is 114 years old. The property's lot size has been calculated to be 6,534 square feet. The linear feet between the front and back of the lot was measured at 1,300 ft and the front of the lot was measured at 500 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 rooms in the home. Of these, 3 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 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 225 East Ridge Street has a total of 4,320 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 308 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. The home's a forced air unit is the primary heating source. The property was last sold in Aug 2, 2021 for $105,000. That's $24.31 per sqft. 225 East Ridge Street was last assessed in 2022. The total value of the property was assessed at $43,452. Specifically, the land the property is located on was valued at $43,452. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,952. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,728
  • Garage Type: Garage
  • Garage Square Area: 308
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 500
  • Total Building Area: 4,320
  • Building Area: 4,320
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 4,320
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GEARYS ADD
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 7 BLOCK 2 GEARY'S ADDITION

Ownership

  • Current Owner : SUGDEN BUCK
  • Previous Owner : HOEFT RONALD J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Ironwood Area Schools
  • School Tax School District: 27020
  • Census Tract: 950600

Zoning

  • Zoning: R-1

Geography

  • District: 52
  • Parcel: 52-22-177-210
  • Block: 2
  • Lot: 7
  • Municipality: IRONWOOD CITY
  • Latitude: 46.459
  • Longitude: -90.1681

    Address

  • Full Address: 225 E Ridge St
  • Legal Unit: 7
  • Address - House Number: 225
  • Street Direction: E
  • Address - Street Name: Ridge
  • Address - Suffix Type: St
  • State: MI
  • City Name: Ironwood
  • Carrier Code: C007
  • 4-Digit Zip Code: 2051
  • Zip Code: 49938

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,952

    Appraisal Valuation

  • Standard Deviation: 0.1311
  • Valuation Date: Dec 21, 2022
  • Confidence Score: 73
  • Final Value: 89,219
  • High Value: 100,924
  • Low Value: 77,513

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $121,500
  • First Open Lien Mortgage Lender: PENINSULA FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Aug 16, 2022
  • First Open Lien Mortgage Loan Amount: $121,500
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 09, 2042

    Market Valuation

  • Market Total Value: $86,904
  • Market Land Value: $86,904

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $43,452
  • Assessed Land Value: $43,452

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 02, 2021
  • Current Sale Recording Date: Aug 04, 2021
  • Current Sale Transaction ID: 11855809795
  • Current Sale Price: $105,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PEOPLES STATE BANK
  • First Mortgage Transaction Date: Aug 04, 2021
  • First Mortgage Loan Amount: $84,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Ironwood



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 225 East Ridge Street located in?
The 225 East Ridge Street is a located in the neighborhood of Ironwood in Ironwood, Ironwood.
What is the average sales price for listings in 225 East Ridge Street?
The average sales price for units in 225 East Ridge Street is $0 currently.

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