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502 5th St

Ishpeming, MI 49849

2 bd 2 ba 1,339 sqft Built 1941 Lot 4,990 sqft single_family
Most recent sale
$130,000
Nov 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 8, 2022 Listing removed UpperPeninsula
Nov 8, 2022 Sold $130,000 Public Record
Sep 27, 2022 Listed $114,900 UpperPeninsula
May 17, 2018 Listing removed UpperPeninsula
May 15, 2018 Sold $49,000 Public Record
Apr 4, 2018 Listed $49,900 UpperPeninsula
Aug 7, 2017 Sold $41,000 Public Record
Jul 2, 2014 Sold $36,000 Public Record
Jun 4, 2014 Listing removed $39,900 UpperPeninsula
Apr 15, 2014 Price changed $39,900 UpperPeninsula
Apr 9, 2014 Price changed $44,900 UpperPeninsula
Mar 6, 2014 Price changed $49,900 UpperPeninsula
Feb 13, 2014 Listed $51,900 UpperPeninsula

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $29,400 $1,203
2021 $27,800 $1,177
2020 $26,600 $1,153
2019 $24,700 $1,134
2018 $23,500 $990
2017 $23,450 $962
2016 $23,200 $931
2015 $21,000 $933
2014 $21,900 $761
2013 $21,900 $706
2012 $22,300 $671
2010 $22,300 $314

Property facts

Year built
1941
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,339 sqft
Lot size
4,990 sqft
ZIP code
49849
City
Ishpeming
Street
5th St
Coordinates
46.49353, -87.66221

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$780
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 502 5th St last sell?
502 5th St most recently sold on Nov 8, 2022 for $130,000.
What is the current tax assessment for 502 5th St?
The most recent total assessment for 502 5th St (year 2022) is $29,400 with $1,203 in property tax.
How does 502 5th St's assessment compare to its last sale price?
The current assessment is 77.4% below the last sale price of $130,000.
When was 502 5th St built?
502 5th St was built in 1941.
How does 502 5th St compare to others on 5th St?
We track 8 other properties on 5th St. Browse the list under "Other properties on 5th St" to compare beds, baths, and sale history.
What are the property facts for 502 5th St?
502 5th St is a 2 bed, 2 bath, 1,339 sqft, 4,990 sqft lot single_family.
Is 502 5th St a flip candidate?
No — 502 5th St does not appear in our flips dataset.
Is 502 5th St a tax-appeal candidate?
No — 502 5th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.1%
Implied 1-yr
+12.3%
2026 Q3
$233.8K
2026 Q4
$239.8K
ZIP 49849 — Median Price History + Forecast

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