NOT LISTED FOR SALE

112 E Michigan St Marquette, MI 49855

Marquette Area

Estimated Value: $402,054

6 Beds
2 Baths
2,072 Sq Ft
$194/Sq Ft Est. Value

Sale Details

Date Sold: November 30, 2023

Last sale price $378,000 $182 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,933 / mo

11 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Forced Air Heating System
  • 2 Car Detached Garage

About This Home

As of November 2023

Welcome to this well maintained and charming duplex, offering an excellent opportunity for investors looking for a wonderful income-generating property in a desirable location. This beautiful up-and-down duplex features two spacious units, each boasting 3 bedrooms and 1 bath, providing ample space and comfort for tenants. Both units have the convenience of an on-site washer and dryer, ensuring a hassle-free laundry experience. The downstairs unit has the added benefit of an in-unit washer and dryer, while the upstairs unit's laundry facilities are conveniently located in the basement. The property has a 2-car detached garage, providing secure parking and additional storage space. This desirable feature is a rare find and adds immense value to the property. Both units have been thoughtfully updated, offering modern touches and a fresh appeal. Recent upgrades include a newer roof, furnace, replacement windows, hot water heater, updated electrical work, ensuring safety and peace of mind for both the landlord and tenants. Enjoy the added advantage of long-term tenants who have taken great care of the property. Their commitment to the premises demonstrates the appeal and desirability of this duplex, making it an attractive investment opportunity. The pet-friendly policy adds to its appeal, attracting a wider range of potential tenants. Located in a sought-after area, this duplex offers convenience and accessibility to local amenities, schools, parks, and Lake Superior. The neighborhood's welcoming atmosphere and proximity to major attractions make it an ideal choice for renters seeking a comfortable and convenient place to call home. Don't miss out on the chance to own a property with a solid track record, modern updates, and reliable income potential. Owner is a Michigan Licensed Real Estate Agent. Offers to be submitted by 3pm on October 30, 2023.

Last Agent to Sell the Property

Penne Figueiras

CENTURY 21 PRIME REALTY License #UPAR Listed on: 10/20/2023

CENTURY 21 PRIME REALTY

Last Buyer's Agent

Gina Feltner Bouws

RE/MAX 1ST REALTY License #UPAR-297275

RE/MAX 1ST REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 14,810 Sq Ft Lot
  • Lot Dimensions are 50x150

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Window Treatments
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Stone Basement

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units
  • John Burts Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 52-52-001-810-60

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0.34 Acres

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type: Duplex
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Conventional Frame
  • Total Tax Amount: 4316
  • Total Tax Year: 2022
  • Year Built: 1880
  • Mail City: Marquette
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Hardwood Floors, Window Treatment(s)
  • Appliances: Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement Type: Partial, Stone
  • Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Eat-In Kitchen
  • Source of Sq Ft: Appraisal

Exterior Features

  • Construction: Vinyl Siding
  • Exterior Features: Porch, Sidewalks, Street Lights
  • Frontage: 50
  • Sideof Street: S
  • Foundation Type: Basement
  • Roads: City/County

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 2
  • Parking: 3 Or More Spaces, Garage

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 52-52-001-810-60
  • Lot Dimensions: 50x150
  • Acreage: 0.34
  • Lot Description: Platted
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Lawn Maintenance, Gas, Snow Removal, Taxes, Water/Sewer

Tax Info

  • Summer Tax: Year: 2022, Amount: $4,135.00
  • Winter Tax: Year: 2022, Amount: $181.00
  • Total Tax: Year: 2022, Amount: $4,316.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Marquette Area School District

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2023
Closed on
Nov 30, 2023
Sold by
Bought by
Seller's Agent
Penne Figueiras
CENTURY 21 PRIME REALTY
Buyer's Agent
Gina Feltner Bouws
RE/MAX 1ST REALTY
List Price
$400,000
Sold Price
$378,000
Premium/Discount to List
-$22,000
-5.5%
Views
28
Current Estimated Value
$402,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,054
Avg. Annual Appreciation
2.33%

Purchase Details

Closed on
Aug 2, 2007
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$378,000 None Listed On Document
$191,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $81,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/30/2023 11/30/23 Sold $378,000 -5.5% $182 / Sq Ft
10/20/2023 10/20/23 For Sale $400,000 -- $193 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $8,703 $204,700 $0 $0
2025 $8,343 $165,600 $0 $0
2024 $81 $148,400 $0 $0
2023 $4,457 $113,900 $0 $0
2022 $4,316 $93,500 $0 $0
2021 $3,812 $101,300 $0 $0
2020 $3,759 $93,500 $0 $0
2019 $3,860 $88,000 $0 $0
2018 $3,618 $83,300 $0 $0
2017 $163 $85,600 $0 $0
2016 $3,670 $85,100 $0 $0
2015 -- $85,100 $0 $0
2014 -- $85,000 $0 $0
2012 -- $65,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50125796

Upper Peninsula Association of REALTORS®

APN: 52-52-001-810-60

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