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502 Chippewa St, Ontonagon, MI, 49953

$159,000

Home List Price

$1,888*

Closing Credit

2 Bedrooms
2 Full Baths
2,016 SqFt
$79/SqFt
House

Location

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502 Chippewa St, Ontonagon$159,000

Buyer Closing Credits

$1,888*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built1900
HeatingNatural Gas, Steam, Radiant
CoolingCeiling Fan(s)
BasementYes
WaterfrontNone
FireplaceLivRoom Fireplace
ViewNone
MLS #50144384
Lot Size0.23 Acres
StatusActive

About 502 Chippewa St

AN HISTORIC HOME on a CORNER LOT in the CHARMING VILLAGE of ONTONAGON>....TWO BLOCKS from the SANDY SHORES of Lake Superior..perhaps the BEST of so many worlds....the home has been meticulously maintained and the historic features, such as original woodwork, built-in dining room buffet, hardwood floors........have been maintained.....the attached two-car garage is a positive....and just two blocks...easy walking distance... to the downtown business district shops and restaurants.. and the sandy shores of Lake Superior.........and The Ontonagon River..... .. take the opportunity to view.......you'll be impressed... property taxes for the new owner will be estimated..current taxes do not apply...

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Stories: 2
  • Living Area: 2,016 SqFt

Listing Office:

  • Office Name: RE/MAX DOUGLASS R.E.-H
  • Office Phone: (906) 482-1000
  • Listing Agent: KAREN LAHTI

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Range, Oven, Refrigerator, Washer
  • Basement: Yes
  • Interior: Hardwood Floors, Window Treatment(s)
  • Fireplace: LivRoom Fireplace

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: None
  • Exterior: Street Lights

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Steam, Radiant
  • Cooling: Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Ontonagon Area School, Public District Grades KG-12

School District Information:

  • School District: Ontonagon Area Schools

Other

Directions Information:

  • Directions: From REMAX in Houghton....W on M26 towards Ontonagon...38 mi to Greenalnd..cont 13 mi to Ontonagon, continue at bridge, rt onto US45, to main street/River St.....4 blocks to rt on CHIPPEWA . 2 blocks on left corner of Chippewa and Trap Sts. driveway on Trap St. side of home... ..

Price Information

Listing Price Info

Price Summary:

  • List Price: $159,000
  • Price Per SqFt: $79/SqFt

Tax Information:

  • Annual Amount: $1,530
  • Tax Year: 2021
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Housing Market Comparison

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

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Ontonagon, MI

City

Med. Sold Price

$127K

Med. Price/SqFt

$79

Avg. Days On Market

69

# of Sold Homes

4

502 Chippewa St vs Ontonagon

152 DAYS ON ROCKET

+83 Days

$159,000

+$32K More

$79/SqFt

-$0 Less

KEY TAKEAWAY

This property is $32K more than the Median Sold Price and $0/SqFt less than other homes in Ontonagon, MI.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: Upper Peninsula Assoc of Realtors
  • MLS Number: #50144384

Listing Office:

  • Office Name: RE/MAX DOUGLASS R.E.-H
  • Office Phone: (906) 482-1000
  • Listing Agent: KAREN LAHTI

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, 9:21:06 AM 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$1,530$34,500
2020 - $30,700
2019 - $29,900
2018 - $27,750
2017 - $26,200

History based on county public records data.

Payment Calculator

$861

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$543

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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-2104677
7
/10

  • Ontonagon Area School

  • 701 Parker Ave

  • 1.04 miles

  • Public District Grades KG-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,804. Typical income of Ontonagon, MI residents is less than $35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 502 Chippewa St

What is the listing price of this property?

The listing price of 502 Chippewa St property is $159,000.

What type of property is this?

The property 502 Chippewa St is a house located in Ontonagon, Michigan, 49953.

Is this property for sale now?

Active Listing: 502 Chippewa St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 502 Chippewa St are:
Ontonagon Area School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,530 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 502 Chippewa St has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 502 Chippewa St is 2,016 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 502 Chippewa St is 1900.

Rocket Homes›Michigan›Ontonagon County›Ontonagon›49953›502 Chippewa St

This home is located at 502 Chippewa St in Ontonagon, MI and zip code 49953. This 2,016 square foot home, which was built in 1900, sits on a 0.23 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 06, 2024 and is currently priced at $159,000.

While more than 0 listings in Ontonagon, MI in October 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 4 were sold below. In October 2024 in Ontonagon, MI there were 19.2% less homes for sale than in September 2024. The median list price of listings available in October 2024 was $127,000, while the average time on the real estate market was 69 days.

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

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