502 N 5th St
Ishpeming, MI 49849
2 Beds
1 Bath
1,044 sqft
2 Beds
1 Bath
1,044 sqft
Home Value
Trulia Estimate
$171KSince last month
Decreased$600 (-0.3%)Since last year
Increased$4K (+2.6%)Since last sale
Increased$123K (+250%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +325% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $172K |
| July 2026 | $172K |
| June 2026 | $170K |
| May 2026 | $168K |
| April 2026 | $164K |
| March 2026 | $162K |
| February 2026 | $160K |
| January 2026 | $159K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.21 | Single-Family Home | $162,000 | 03/06/26 | 2 | 1 | 922 | |
0.29 | Single-Family Home | $169,900 | 06/04/26 | 2 | 1 | 1,092 | |
0.10 | Single-Family Home | $175,000 | 12/10/25 | 3 | 1 | 1,633 | |
0.20 | Single-Family Home | $176,444 | 06/24/26 | 3 | 1 | 1,648 | |
0.51 | Single-Family Home | $171,000 | 07/08/26 | 2 | 1 | 1,191 | |
0.50 | Single-Family Home | $211,000 | 06/12/26 | 2 | 1 | 1,130 | |
0.22 | Single-Family Home | $165,000 | 07/15/26 | 2 | 1.5 | 1,280 | |
0.45 | Single-Family Home | $126,000 | 05/04/26 | 2 | 1 | 1,184 | |
0.70 | Single-Family Home | $81,250 | 08/29/25 | 2 | 1 | 1,248 | |
0.18 | Single-Family Home | $185,000 | 06/09/26 | 3 | 1.5 | 1,199 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.10 | $175,000 | 3 | 1 | 1,633 | Recently Sold | |
0.10 | $209,000 | 5 | 2 | 2,340 | For Sale | |
0.12 | $285,800 | 9 | 13.5 | 5,792 | Off Market | |
0.14 | $24,000 | - | - | - | For Sale | |
0.18 | $185,000 | 3 | 1.5 | 1,199 | Recently Sold | |
0.20 | $176,444 | 3 | 1 | 1,648 | Recently Sold | |
0.23 | $195,000 | 4 | 2.5 | 2,156 | Recently Sold | |
0.23 | $160,000 | 4 | 1.5 | 1,616 | Recently Sold | |
0.22 | $230,000 | 3 | 2 | 2,058 | Recently Sold | |
0.22 | $114,900 | 4 | 1 | 1,453 | For Sale | |
0.22 | $150,000 | 4 | 2 | 1,711 | Recently Sold | |
0.23 | $210,300 | 3 | 2 | 1,608 | Off Market |
Local Information
- Map ViewExplore the area around 502 N 5th St.
- Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1941
Living Area
1,044 sqft
Price/Sqft
$164
Parking
Garage
About this House
Some of the updating work has already been completed for you including refinished hardwood floors, foundation leveled, new entry and storm door, partial new basement floor with new plumbing, blown insulation into attic and new bathroom. More work needed, but you can make it your own! Home features great entry with a nice large closet for coats and boots. Spacious living room with plenty of natural light. Dining room with bay area overlooking trails and has two built-in cabinets. Huge walk up attic that could easily be turned into more living space. The large main floor bedrooms also have deep closets, great for storage. Full basement already gutted and ready for a new sauna. Located right in town and walking distance to downtown, bus stop, and located adjacent to the Iron Ore Heritage Trail. Call your agent to schedule a showing. Seller is a licensed MI Realtor.
502 N 5th St, Ishpeming, MI 49849 is a 2 bedroom, 1 bathroom, 1,044 sqft single-family home built in 1941. It last sold for $49,000 on May 15, 2018. It is currently off market. The Trulia Estimate is $171,300, with a rent estimate of $1,304/month.
Home Details for 502 N 5th St
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|---|
Interior Details BasementTypes of Rooms: Dining Room |
Heating & Cooling Heating: GasHeating Fuel: Gas |
Levels, Entrance, & Accessibility Stories: 1 |
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Exterior Home Features Roof: OtherExterior: Other |
Parking & Garage GarageParking: Garage Attached |
|
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Year Built Year Built: 1941 |
Property Type / Style Property Type: Single Family HomeArchitecture: Other |
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Lot Area: 5227 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 30, 2022 Source: Upper Peninsula AOR #50091388 | Pending | $114,900 |
Sep 27, 2022 Source: Upper Peninsula AOR #50091388 | Listed For Sale | $114,900 |
May 15, 2018 Source: N/A | Sold | $49,000 |
Apr 11, 2018 Source: Agent Provided | Pending | $49,900 |
Apr 4, 2018 Source: Agent Provided | Listed For Sale | $49,900 |
Jul 2, 2014 Source: N/A | Sold | $36,000 |
Jun 6, 2014 Source: Agent Provided | Pending | $39,900 |
Apr 21, 2014 Source: Agent Provided | PriceChange | $39,900 Price decreased by 11% |
Apr 15, 2014 Source: Agent Provided | PriceChange | $44,900 Price decreased by 10% |
Mar 12, 2014 Source: Agent Provided | PriceChange | $49,900 Price decreased by 4% |
Feb 14, 2014 Source: Agent Provided | Listed For Sale | $51,900 |
Apr 9, 2001 Source: N/A | Sold | $3,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,986 | $101,500 |
Home facts updated by county records
Market trends in Ishpeming
Last updated July 2026
Avg. sale price
$225K
Sale-to-List Price
—
Price per sq ft
$148
Available listings
77
6MoM
Around this home
What Locals Say about Ishpeming
At least 30 Trulia users voted on each feature.
92 % Say it's dog friendly
85 % Say kids play outside
84 % Say car is needed
78 % Say yards are well-kept
74 % Say parking is easy
74 % Say there's holiday spirit
74 % Say people would walk alone at night
66 % Say there's wildlife
62 % Say it's quiet
61 % Say they plan to stay for at least 5 years
58 % Say neighbors are friendly
57 % Say it's walkable to restaurants
56 % Say there are sidewalks
56 % Say it's walkable to grocery stores
32 % Say streets are well-lit
23 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 502 N 5th St
- What is 502 N 5th St estimated to be worth?Trulia's estimated value for 502 N 5th St in Ishpeming, MI is $171,300.
- What is the price history for 502 N 5th St?502 N 5th St in Ishpeming, MI last sold for $49,000 in May 2018.
- Is Ishpeming a buyer's or seller's market?Ishpeming is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Ishpeming?The median sale price in Ishpeming is $225K.
- How big is the lot at 502 N 5th St?The lot at 502 N 5th St in Ishpeming, MI is about 0.12 acres (5,227 sq ft).
- Does 502 N 5th St have a garage?Yes, 502 N 5th St in Ishpeming, MI has a garage.
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