Lovely brick ranch style home with many nice improvements! Well-constructed and built with all the character and charm of a 1950's ranch - gorgeous hardwood floors, elegant arched entryways, classic birch trim and great closet space including a built-in linen cabinet! The updated kitchen has ample counter/cabinet space, newer appliances and strategic window placement. The beautiful brick fireplace is the focal point of the spacious living room. Down the hall you'll find 3 nice sized bedrooms and an updated bathroom. The home has laundry hook ups on the main level and in the basement. The lower level of the home extends the living space with a storage room/workshop, a canning room, 3/4 bath, an area that could be finished into a family room/rec room plus access to the 1.5 drive under garage. The yard has raised garden beds, many perennials and a delightful strawberry patch. Enjoy grilling on the side deck. The backyard has alley access making getting to the house a breeze. The storage shed and car port are included.
This property is $14.9K less than the Median Sold Price and $37/SqFt more than other homes in Ishpeming, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Upper Peninsula Assoc of Realtors
MLS Number: #50148222
Listing Office:
Office Name: RE/MAX 1ST REALTY
Office Phone: (906) 225-1136
Listing Agent: KELLIE HILLIER-GENSCHAW
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: 9/20/2024, 11:20:53 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
YEAR
PROP. TAX
ASSESSMENT
2021
-
$39,650
2020
-
$40,700
2019
$1,677
$39,700
2018
$1,622
$39,450
2017
$1,626
$39,150
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$966
Per Month
Principal & Interest
$899
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$606
Powered By
Advertisement
NMLS#3030
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.
Elementary School
5
/10
Birchview School
663 Poplar St
Distance between this listing and this school0.38 miles
Public District Grades KG-4
Middle School
6
/10
Ishpeming Middle School
324 E Pearl St
Distance between this listing and this school1.21 miles
Public District Grades 5-8
High School
8
/10
Ishpeming High School
319 E Division St
Distance between this listing and this school1.26 miles
Public District Grades 9-12
Assigned Schools
5
/10
Birchview School
663 Poplar St
Distance between this listing and this school0.38 miles
Public District Grades KG-4
Nearby Schools
6
/10
Lakeview School
200 Croix St
Distance between this listing and this school2.26 miles
Public District Grades PK-4
6
/10
Superior Hills Elementary School
1201 S Mcclellan Ave
Distance between this listing and this school11.63 miles
Public District Grades PK-4
Assigned Schools
6
/10
Ishpeming Middle School
324 E Pearl St
Distance between this listing and this school1.21 miles
Public District Grades 5-8
Nearby Schools
7
/10
Negaunee Middle School
102 W Case St
Distance between this listing and this school2.29 miles
Public District Grades 5-8
5
/10
Aspen Ridge Elementary School
350 Aspen Ridge School Rd
Distance between this listing and this school3.84 miles
Public Magnet Grades PK-8
Assigned Schools
8
/10
Ishpeming High School
319 E Division St
Distance between this listing and this school1.26 miles
Public District Grades 9-12
Nearby Schools
8
/10
Negaunee High School
500 W Arch St
Distance between this listing and this school1.98 miles
Public District Grades 9-12
2
/10
Ishpeming-Negaunee-Nice Community Education Division
101 S Pioneer Ave
Distance between this listing and this school2.32 miles
The neighbors living near this home have an average income of $49,915. The majority of Ishpeming, MI residents have income between $35k-100k annually. Most families are married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 862 Palms Ave
What is the listing price of this property?
The listing price of 862 Palms Ave property is $180,000.
What type of property is this?
The property 862 Palms Ave is a house located in Ishpeming, Michigan, 49849.
Is this property for sale now?
Active Listing: 862 Palms Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 862 Palms Ave are: Birchview School: GreatSchools Rating 5/10Ishpeming Middle School: GreatSchools Rating 6/10Ishpeming High School: GreatSchools Rating 8/10
What is the annual property tax for this property?
According to the records, the last property tax for 2019 is $1,677 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 862 Palms Ave has 3 bedrooms and 1 full and 1 half bathrooms.
What is the square footage of this property?
The property 862 Palms Ave is 1,159 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 862 Palms Ave is 1952.
This home is located at 862 Palms Ave in Ishpeming, MI and zip code 49849. This 1,159 square foot home, which was built in 1952, sits on a 0.18 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 11, 2024 and is currently priced at $180,000.
In August 2024 more than 3 listings in Ishpeming, MI were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 0 were sold below. The inventory of homes for sale in Ishpeming, MI between July 2024 and August 2024 decreased by 13.6%. The median list price of listings available in August 2024 was $194,950, while the average time on the real estate market was 16 days.
From Rocket Homes Real Estate and based on county public records data.