507 Margaret St
Iron Mountain, MI 49801
2 bd 1 ba 1,208 sqft Built 1917 Lot 6,098 sqft single_family
Most recent sale
$108,000
Nov 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 18, 2022 | Listing removed | — | UpperPeninsula |
| Nov 18, 2022 | Sold | $108,000 | Public Record |
| Oct 3, 2022 | Listed | $99,900 | UpperPeninsula |
| Jun 4, 2015 | Listing removed | $49,900 | UpperPeninsula |
| Dec 29, 2014 | Relisted | $49,900 | UpperPeninsula |
| Sep 27, 2014 | Listing removed | $49,900 | UpperPeninsula |
| Sep 22, 2014 | Price changed | $49,900 | UpperPeninsula |
| Feb 13, 2014 | Price changed | $59,900 | UpperPeninsula |
| Feb 20, 2013 | Listed | $67,900 | UpperPeninsula |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | — | — | $27,000 | $1,461 |
| 2021 | — | — | $25,200 | $1,414 |
| 2020 | — | — | $24,500 | $1,411 |
| 2019 | — | — | $23,800 | $1,373 |
| 2018 | — | — | $21,600 | $1,346 |
| 2017 | — | — | $21,000 | $1,316 |
| 2016 | — | — | $23,500 | $1,090 |
| 2015 | — | — | $23,500 | $1,090 |
| 2014 | — | — | $23,700 | $1,434 |
| 2013 | — | — | $23,400 | $1,408 |
Property facts
Year built
1917
Property type
single_family
Stories
—
Beds
2
Baths
1
Living area
1,208 sqft
Lot size
6,098 sqft
ZIP code
49801
City
Iron Mountain
Street
Margaret St
Coordinates
45.83062, -88.05550
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$648
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 507 Margaret St last sell?
507 Margaret St most recently sold on Nov 18, 2022 for $108,000.
What is the current tax assessment for 507 Margaret St?
The most recent total assessment for 507 Margaret St (year 2022) is $27,000 with $1,461 in property tax.
How does 507 Margaret St's assessment compare to its last sale price?
The current assessment is 75.0% below the last sale price of $108,000.
When was 507 Margaret St built?
507 Margaret St was built in 1917.
How does 507 Margaret St compare to others on Margaret St?
We track 8 other properties on Margaret St. Browse the list under "Other properties on Margaret St" to compare beds, baths, and sale history.
What are the property facts for 507 Margaret St?
507 Margaret St is a 2 bed, 1 bath, 1,208 sqft, 6,098 sqft lot single_family.
Is 507 Margaret St a flip candidate?
No — 507 Margaret St does not appear in our flips dataset.
Is 507 Margaret St a tax-appeal candidate?
No — 507 Margaret St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.0%
Implied 1-yr
+4.1%
2025 Q3
$207K
2025 Q4
$209K
ZIP 49801 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Margaret St