5 East Stephenson Avenue

Local assessors in Gwinn, MI have categorized 5 East Stephenson Avenue as a commercial type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 7,013 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 500 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis.

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. 5 East Stephenson Avenue is a 4 code building. This code stands for "buildings that have wood or wood and steel frames.". Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The home's a forced air unit is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5 East Stephenson Avenue was last sold in Feb 17, 1997 for $70,000. According to our calculations, that's $24.14 per sqft. Prior to that sales transaction, the property was sold for $55,000 in Jul 21, 1995. Current property owners are expected to pay $695 in taxes per year. The property on 5 East Stephenson Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $85,800. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!