3 months on rocket

408 Silver St, Ironwood, MI, 49938

$89,900

Home List Price

$1,068*

Closing Credit

1 Bedroom
1 Partial Bath
5,170 SqFt
$17/SqFt
Multi

Location

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408 Silver St, Ironwood$89,900

Buyer Closing Credits

$1,068*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingUnassigned/General
Year Built1890
HeatingForced Air
BasementYes
WaterfrontNone
ViewNone
MLS #50150825
Lot Size0.12 Acres
StatusActive

About 408 Silver St

Ideal walkable location, and a ton of 140 yr. old charm claims this 5,200 sq ft 1880's building. Having the versatility of either multi family, or downtown commercial provides a wide variety of directions to the buyer. Good bones, thick natural stone foundation, dry 6' basement, Duralast roof, and the renovated 1st floor, make the renovation of the 2nd floor the fun part. Plenty of off-street parking in the back. Ironwood needs housing, this will be a great investment property for multiple apartments or retail space.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1890
  • Stories: 2
  • Living Area: 5,170 SqFt

Listing Office:

  • Office Name: NORTHERN TRAILS REALTY
  • Office Phone: (906) 932-4110
  • Listing Agent: KIM CORCORAN

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: 9 ft + Ceilings, Hardwood Floors

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: None

Parking Information:

  • Parking: Unassigned/General

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

School Info

Assigned Schools Information:

  • Luther L. Wright High School, Public District Grades 7-12

School District Information:

  • School District: Ironwood Area Schools

Other

Directions Information:

  • Directions: From Ironwood on US-2/Cloverland Drive, take Douglas Blvd/Business US-2 into the downtown. Turn right on Aurora St. (Domino's is on the south/west corner)/ Take Aurora/Business US-2 another .4 miles. The building will be on the north side of the street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $89,900
  • Price Per SqFt: $17/SqFt
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Housing Market Comparison

See how this home compares to others in Ironwood, MI.

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Ironwood, MI

City

Med. Sold Price

$125.4K

Med. Price/SqFt

$115

Avg. Days On Market

32

# of Sold Homes

10

408 Silver St vs Ironwood

94 DAYS ON ROCKET

+62 Days

$89,900

-$35.5K Less

$17/SqFt

-$99 Less

KEY TAKEAWAY

This property is $35.5K less than the Median Sold Price and $99/SqFt less than other homes in Ironwood, MI.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: Upper Peninsula Assoc of Realtors
  • MLS Number: #50150825

Listing Office:

  • Office Name: NORTHERN TRAILS REALTY
  • Office Phone: (906) 932-4110
  • Listing Agent: KIM CORCORAN

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 2:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021 - $11,258
2020 - $11,879
2019 - $12,111
2017 - $22,440

History based on county public records data.

Payment Calculator

$516

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$336

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-2022296
5
/10

  • Luther L. Wright High School

  • 650 E Ayer St

  • 1.06 miles

  • Public District Grades 7-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,676. Residents of Ironwood, MI typically earn less than $35k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Gogebic County›Ironwood›49938›408 Silver St

This home is located at 408 Silver St in Ironwood, MI and zip code 49938. This 5,170 square foot home, which was built in 1890, sits on a 0.12 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since August 02, 2024 and is currently priced at $89,900.

In October 2024, from all listings sold in Ironwood, MI there were more than 1 sold above asking price, over 5 sold below and more than 4 were sold right at the asked price. Listings spent 32 days on the market in October 2024, and had a median list price of $125,450 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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