Seller's Agent in 2023
John Demay
EXP REALTY OF MARQUETTE
(906) 362-1000
2 in this area
52 Total Sales
114 Ridge St Negaunee, MI 49866
Estimated Value: $196,000 - $250,000
6
Beds
2
Baths
2,748
Sq Ft
$81/Sq Ft
Est. Value
About This Home
As of October 2023Negaunee duplex not with 3 bedroom 1 bath apartments. current rents are $1050 and $1075 on annual leases. Tenants pay all utilities. 8% cap rate based on 2022 expenses and rental income at 95% occupancy.
Last Agent to Sell the Property
EXP REALTY OF MARQUETTE License #UPAR Listed on: 05/29/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1912
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 50x130
Interior Spaces
- 2-Story Property
- Basement
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Utilities
- Boiler Heating System
- Separate Meters
- Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 52-53-030-079-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 29, 2023
Closed on
Oct 6, 2023
Sold by
Blk 3 Llc
Bought by
Worth Stephanie
Seller's Agent
John Demay
EXP REALTY OF MARQUETTE
Buyer's Agent
Don Schinella
SELECT REALTY
List Price
$169,000
Sold Price
$159,500
Premium/Discount to List
-$9,500
-5.62%
Views
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,030
Avg. Annual Appreciation
16.59%
Original Mortgage
$127,600
Outstanding Balance
$123,739
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$98,791
Purchase Details
Listed on
Mar 4, 2020
Closed on
Mar 31, 2020
Sold by
Christopher Koory
Bought by
Blk 3 Llc
Seller's Agent
Nick Racine
RE/MAX 1ST REALTY
Buyer's Agent
John Demay
EXP REALTY OF MARQUETTE
List Price
$149,900
Sold Price
$137,950
Premium/Discount to List
-$11,950
-7.97%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.22%
Original Mortgage
$107,950
Interest Rate
3.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 30, 2001
Bought by
Deforge Jeremy
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Worth Stephanie | $159,500 | None Listed On Document | |
| Blk 3 Llc | $137,950 | Odea Nordeen Burink And Picken | |
| Deforge Jeremy | $36,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Worth Stephanie | $127,600 | |
| Previous Owner | Blk 3 Llc | $107,950 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/06/2023 10/06/23 | Sold | $159,500 | -5.6% | $58 / Sq Ft | |
| 07/09/2023 07/09/23 | Pending | -- | -- | -- | |
| 05/29/2023 05/29/23 | For Sale | $169,000 | +22.5% | $61 / Sq Ft | |
| 04/03/2020 04/03/20 | Sold | $137,950 | -8.0% | $54 / Sq Ft | View Prior Sale |
| 03/04/2020 03/04/20 | Pending | -- | -- | -- | |
| 03/04/2020 03/04/20 | For Sale | $149,900 | +66.6% | $59 / Sq Ft | |
| 05/08/2018 05/08/18 | Sold | $90,000 | -18.2% | $36 / Sq Ft | View Prior Sale |
| 02/27/2018 02/27/18 | Pending | -- | -- | -- | |
| 09/20/2017 09/20/17 | For Sale | $110,000 | -- | $44 / Sq Ft |
Source: Upper Peninsula Association of REALTORS®
Tax History Compared to Growth
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 | $4,640 | $89,550 | $0 | $0 |
| 2024 | $28 | $75,350 | $0 | $0 |
| 2023 | $2,579 | $72,300 | $0 | $0 |
| 2022 | $3,912 | $53,600 | $0 | $0 |
| 2021 | $3,795 | $62,950 | $0 | $0 |
| 2020 | $3,113 | $53,600 | $0 | $0 |
| 2019 | $2,591 | $51,150 | $0 | $0 |
| 2018 | $1,999 | $41,200 | $0 | $0 |
| 2017 | $2,314 | $42,250 | $0 | $0 |
| 2016 | $2,282 | $40,950 | $0 | $0 |
| 2015 | -- | $40,950 | $0 | $0 |
| 2014 | -- | $37,700 | $0 | $0 |
| 2012 | -- | $36,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
John Demay
-
Don Schinella
Buyer's Agent in 2023
Don Schinella
SELECT REALTY
(906) 362-9273
23 in this area
146 Total Sales
-
Nick Racine
Seller's Agent in 2020
Nick Racine
RE/MAX 1ST REALTY
(906) 250-7229
18 in this area
283 Total Sales
-
N
Seller's Agent in 2018
Non Member
UPPER PENINSULA AOR
Map
Source: Upper Peninsula Association of REALTORS®
MLS Number: 50110635
APN: 52-53-030-079-00
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