317 Stephenson Ave Escanaba, MI 49829

5 beds · 2 baths · 2,013 sq ft · Lot Size: 7,405 sq ft · Single Family Home
Est. Property Value: $82,722

High Demand Long-Term RentalValued below Market MedianLarge Lot AdvantageGood value per sqftOwned for 15 - 25 Years

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317 Stephenson Ave is in the 49829 neighborhood of Escanaba, MI. It is located in Delta County and ZIP code 49829. This Single Family Home was built in 1900 and is approximately 125 years old. The single family home spans 2013 sq ft with 5 bedrooms and 2 bathrooms and sits on a 7405 sq ft lot. According to public records, it was last sold in 2005 for $50,000 and has a tax-assessed value of $81,600, which is $41 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 317 Stephenson Ave Escanaba, MI 49829 with Property Intel by Whitepages.

317 Stephenson Ave

Escanaba, MI 49829

Neighborhood

Owners & Occupancy for 317 Stephenson Ave

No contact information is available.

Occupancy

Resident 1***************
Resident 2*************** age 58
Resident 3*********************** age 42
Resident 4****************

Property Financials for 317 Stephenson Ave

317 Stephenson Ave, Escanaba, MI has no known mortgage. The Delta county assessment for 2024 values it at $81,600, with annual taxes of $975.

Property Tax

Purchase DateMay 24, 2005
Property Tax Amount$975 in 2024
Purchase Price$50,000
Assessed Value$81,600 on 2024

Investment Potential for 317 Stephenson Ave

The property has a current estimated value of $82,722, which is 36% below the zip median, based on public records. It last sold on May 24, 2005 for $50K. Projected long-term
is $30,600 annually ($2,550 per month) with a 91% occupancy rate.

Discover more Single Family Homes in 49829.
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Long-Term

Gross Rental
$30,600 per year($2,550 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
91%in 49829 zip code
 
View Rental Potential

Property Details for 317 Stephenson Ave

Property Details

Property Sq Ft

Living Area

2,013 sq ft

10% below market

Lot Size

7,405 sq ft

6% above market

Price Per Sq Ft

Living Area

$41 / sq ft

31% below market

Lot Size Area

$11 / sq ft

33% below market

Property condition, age, exterior, etc. for 317 Stephe…
Longitude: -87.072239 Latitude: 45.748636 Parcel Number (APN): 21-051-360-2930-179-016…

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Market Benchmarks

Compare data for 317 Stephenson Ave in Delta County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$82,722
$393,000
-$310,278 (-79%)
—
—
—
YoY Price Change
—
—
—
Year Built
1900
1971
-71 years
Living Space
2,013 sq ft
2,351 sq ft
-338 (-14%)
$ Per Living Sq Ft
$41
$165
-$124 (-75%)
Lot Size
7,405 sq ft
13,939 sq ft
-6534 (-47%)
$ Per Lot Sq Ft
$11
$27
-$16 (-58%)

Net Operating Income
$*****
$23,096
$1,804 (8%)
Annual Revenue
$30,600
$34,200
-$3,600 (-11%)
$****
$10,852
-$5,152 (-47%)
Net Operating Income
$*****
$23,096
$1,804 (8%)
Cap Rate
****%
6.11%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 5-Bed Single Family Home Medians

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