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318 South 1st Street

318 South 1st Street, Ishpeming, MI 49849
Property in Ishpeming
Sold Nov 05, 2021
$80,000
$80,808 by Incrediblebank
Mortgage Due Dec 01, 2051
Sold Oct 22, 2020
$20,250
318 South 1st Street in Ishpeming, MI was first built in 1872 and is 152 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 318 South 1st Street has 1,322 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,287 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. As for heating, the home is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 318 South 1st Street sold most recently in Nov 4, 2021 for a total of $80,000. If you work out the math, that's approximately a cost of $60.51 per sqft. Before that, the property was also sold for $20,250 in Oct 20, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $312 in taxes each year. 318 South 1st Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $36,350. 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. 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!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.

Building Features

Exterior

Hardboard Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1872
  • Effective Year Built: 1872
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,287
  • Lot Size Frontage Feet: 590
  • Total Building Area: 1,322
  • Building Area: 1,322
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,322
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: US STEEL CORPORATION ASSESSORS PLAT NO 1
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential
  • Legal Description 1: US STEEL CORP ASSESSOR'S PLAT #1 OF HARD ORE EXTENSION LOT 132.

Ownership

  • Current Owner : WILLIAMS KATIE
  • Previous Owner : ALBERT JETTE SCOTT
  • Owner Before Previous Owner: MARQUETTE COUNTY TREASURER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Ishpeming Public School District
  • School Tax School District: ISPHEMING PUBL
  • Census Tract: 002000

Zoning

  • Zoning: GR

Geography

  • Parcel: 52-51-556-132-00
  • Lot: 132
  • Municipality: ISPHEMING CITY
  • Latitude: 46.4879
  • Longitude: -87.6679

    Address

  • Full Address: 318 S 1st St
  • Address - House Number: 318
  • Street Direction: S
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: MI
  • City Name: Ishpeming
  • Carrier Code: C004
  • 4-Digit Zip Code: 2063
  • Zip Code: 49849

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $312
  • Tax Rate Code Area: ISPHEMING

    Appraisal Valuation

  • Standard Deviation: 0.4492
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 10
  • Final Value: 84,946
  • High Value: 123,105
  • Low Value: 46,786

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $80,808
  • First Open Lien Mortgage Lender: INCREDIBLEBANK
  • First Open Lien Mortgage Recording Date: Nov 05, 2021
  • First Open Lien Mortgage Loan Amount: $80,808
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $72,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,350

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 04, 2021
  • Current Sale Recording Date: Nov 05, 2021
  • Current Sale Transaction ID: 11864465529
  • Current Sale Price: $80,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 13978
  • Previous Sale Recording Date: Oct 22, 2020
  • Previous Sale Contract Date: Oct 20, 2020
  • Previous Sale Amount: $20,250
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: INCREDIBLEBANK
  • First Mortgage Transaction Date: Nov 05, 2021
  • First Mortgage Loan Amount: $80,808
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

About Ishpeming



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 318 South 1st Street located in?
The 318 South 1st Street is a located in the neighborhood of Ishpeming in Ishpeming, Ishpeming.
What is the average sales price for listings in 318 South 1st Street?
The average sales price for units in 318 South 1st Street is $0 currently.

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