NOT LISTED FOR SALE

114 E Prospect St Marquette, MI 49855

6 Beds
4 Baths
1,803 Sq Ft
5,663 Sq Ft Lot

Last Sold March 01, 2023

Last sale price $300,000 $166 Per Sq Ft

174 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Forced Air Heating System
  • Graveraet Elementary School Rated A-
  • 3 Car Detached Garage
  • Dogs and Cats Allowed

About This Home

As of March 2023

East side investment opportunity. This building has loads of character like some original woodwork, wood floors and more! Four units total. Two, 2 bedroom units, and two 1 bedroom units are fully occupied and leased through August 2023. Leases do include utilities. Some of the updates done were the city sewer and water laterals, new plumbing run in upstairs units, and the main electrical panel updated. There is a three car garage with two bays being used by the current owners uses as storage the other unit is divided into four sections for the tenants to have a place to store items. The tenants that are currently renting are long term tenants and love the location being close to everything and just a few blocks from the lake. Make an appointment to see this multi family property building!

Last Agent to Sell the Property

Kristine Goupille

RE/MAX 1ST REALTY License #UPAR Listed on: 08/22/2022

RE/MAX 1ST REALTY

Last Buyer's Agent

John Demay

EXP REALTY OF MARQUETTE License #UPAR

EXP REALTY OF MARQUETTE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 40x150

Home Design

  • Poured Concrete
  • Cedar

Interior Spaces

  • 1.5-Story Property
  • Wood Flooring
  • Basement
  • Stone Basement
  • Oven or Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 4 Full Bathrooms

Parking

  • 3 Car Detached Garage
  • Unassigned Parking

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 52-52-003-300-30

Community Details

Overview

  • 4 Units

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units, Investment
  • Type Of Property: Multi-Family
  • Structure Style: 1 1/2 Story
  • Styles: Conventional Frame
  • Sub Structure Types: Garage(s)
  • Total Tax Amount: 3082.02
  • Total Tax Year: 2022
  • Year Built: 1880
  • Mail City: Marquette
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Hardwood Floors
  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Poured, Stone
  • Bedrooms: 6
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Sub Room Description: First Floor Bedroom
  • Source of Sq Ft: Assessors Data

Exterior Features

  • Construction: Cedar
  • Frontage: 40
  • Foundation Type: Basement
  • Roads: City/County, Curbed, Paved Street, Year Round

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 3
  • Parking: 3 Or More Spaces, Garage, Unassigned/General, Paved Driveway

Utilities

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

Condo/Co-op/Association

  • Community Amenities: Sidewalks, Street Lights, Pets-Allowed, Dogs Allowed, Cats Allowed

Lot Info

  • Assessor Parcel Number: 52-52-003-300-30
  • Lot Dimensions: 40X150
  • Acreage: 0.13
  • Lot Description: Deep Lot - 150+ Ft.
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Lawn Maintenance, Electric, Gas, Snow Removal, Taxes, Water/Sewer
  • Lease Information: Less Than 1 Year, Electric Included, Gas Included, Heat Included, Water Included

Tax Info

  • Summer Tax: Year: 2022, Amount: $2,956.83
  • Winter Tax: Year: 2021, Amount: $125.19
  • Total Tax: Year: 2022, Amount: $3,082.02

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Marquette Area School District

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2023 03/01/23 Sold $300,000 -3.2% $166 / Sq Ft
02/12/2023 02/12/23 Pending -- -- --
02/08/2023 02/08/23 Price Changed $310,000 -6.0% $172 / Sq Ft
11/03/2022 11/03/22 Price Changed $329,900 -1.5% $183 / Sq Ft
10/12/2022 10/12/22 For Sale $334,900 0.0% $186 / Sq Ft
09/08/2022 09/08/22 Pending -- -- --
08/22/2022 08/22/22 For Sale $334,900 -- $186 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

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
2025 $7,623 $150,800 $0 $0
2024 $74 $135,600 $0 $0
2023 $3,188 $101,700 $0 $0
2022 $3,086 $85,500 $0 $0
2021 $2,726 $92,500 $0 $0
2020 $2,688 $85,500 $0 $0
2019 $2,760 $87,400 $0 $0
2018 $2,587 $85,600 $0 $0
2017 $117 $85,500 $0 $0
2016 $2,625 $77,900 $0 $0
2015 -- $77,900 $0 $0
2014 -- $77,800 $0 $0
2012 -- $72,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50087598

Upper Peninsula Association of REALTORS®

APN: 52-52-003-300-30