NOT LISTED FOR SALE

117 W Ohio St Marquette, MI 49855

Estimated Value: $324,070 - $384,000

7 Beds
2 Baths
2,641 Sq Ft
$134/Sq Ft Est. Value

Last Sold April 11, 2023

Last sale price $268,000 $101 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,878/month

7 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Property is near schools
  • Graveraet Elementary School Rated A-
  • Porch
  • 5-minute walk to Williams Park

About This Home

As of April 2023

This duplex has a 4 bedroom downstairs & a 3 Bedroom upstairs that features large windows that allow for plenty of natural light, creating a bright and sunny living space. Hardwood floors add to the beauty and durability of the units, while tall ceilings create a sense of spaciousness and openness. The 7 parking spots provide ample parking space for tenants or guests, and the property's location in Marquette, Michigan offers access to Lake Superior and a vibrant downtown area. With its combination of desirable features and prime location, this duplex is well-positioned to attract tenants and provide a steady rental income for the owner. Owner only pays Internet, tenants pay all utilities. Upstairs rents for $1350 per month, downstairs $1700. Tenants lease through end of May 2023. Offer review date 2/15 4pm with response 2/16 4pm

Last Agent to Sell the Property

Stephanie Jones

NEXTHOME SUPERIOR LIVING License #UPAR Listed on: 02/08/2023

NEXTHOME SUPERIOR LIVING

Last Buyer's Agent

Nick Racine

RE/MAX 1ST REALTY License #UPAR

RE/MAX 1ST REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1890

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 50x150

Parking

  • 3 Car Parking Spaces

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

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

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near schools

Utilities

  • Hot Water Heating System
  • Separate Meters
  • Electric Water Heater

Community Details

  • 2 Units
  • John Burts Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 52-52-001-806-50

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5

Year Built

Built in 1890

Lot Details

0

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: 5895
  • Year Built: 1890
  • Mail City: Marquette
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Hardwood Floors
  • Appliances: Range/Oven, Refrigerator
  • Fireplace Features: Decorative Fireplace
  • Basement: Yes
  • Basement Type: Stone
  • Bedrooms: 7
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Eat-In Kitchen
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 2641

Exterior Features

  • Construction: Vinyl Siding
  • Exterior Features: Deck, Porch
  • Frontage: 50
  • Foundation Type: Basement
  • Roads: Year Round

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

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

Lot Info

  • Assessor Parcel Number: 52-52-001-806-50
  • Location: Walk To School
  • Lot Dimensions: 50x150
  • Acreage: 0.34
  • Lot Description: Sidewalks
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Rental Info

  • Lease Information: Security Deposit

Tax Info

  • Summer Tax: Year: 2022, Amount: $5,648.00
  • Winter Tax: Year: 2022, Amount: $247.00
  • Taxable Value: 102600
  • Total Tax: Amount: $5,895.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Marquette Area School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
Apr 6, 2023
Sold by
Ring Estates Llc
Bought by
906 Real Estate Holdings Llc
Seller's Agent
Stephanie Jones
NEXTHOME SUPERIOR LIVING
Buyer's Agent
Nick Racine
RE/MAX 1ST REALTY
List Price
$259,900
Sold Price
$268,000
Premium/Discount to List
$8,100
3.12%
Current Estimated Value
$354,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,357
Avg. Annual Appreciation
11.00%
Original Mortgage
$215,000
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2020
Sold by
Cairati Fred A and Cairati Tracey L
Bought by
Ring Estates Llc

Purchase Details

Closed on
Jan 19, 1994
Bought by
Cairati Fred A and Cairati Tracey L
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
906 Real Estate Holdings Llc $268,000 None Listed On Document
Ring Estates Llc -- First American Title
Cairati Fred A $64,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 906 Real Estate Holdings Llc $1,061,375
Closed 906 Real Estate Holdings Llc $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2023 04/11/23 Sold $268,000 +3.1% $101 / Sq Ft
02/08/2023 02/08/23 For Sale $259,900 -- $98 / 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 $85 $164,300 $0 $0
2024 $85 $156,100 $0 $0
2023 $6,089 $134,400 $0 $0
2022 $5,895 $86,400 $0 $0
2021 $5,207 $102,600 $0 $0
2020 $2,743 $86,400 $0 $0
2019 $2,817 $80,200 $0 $0
2018 $2,640 $78,900 $0 $0
2017 $119 $81,500 $0 $0
2016 $2,678 $69,600 $0 $0
2015 -- $69,600 $0 $0
2014 -- $69,700 $0 $0
2012 -- $67,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Jones

    Seller's Agent in 2023

    Stephanie Jones

    NEXTHOME SUPERIOR LIVING

    (906) 362-3823

    74 in this area

    176 Total Sales

    Stephanie Jones
    Section Image
  • Nick Racine

    Buyer's Agent in 2023

    Nick Racine

    RE/MAX 1ST REALTY

    (906) 250-7229

    38 in this area

    285 Total Sales

    Nick Racine
    Section Image
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50101164

Upper Peninsula Association of REALTORS®

APN: 52-52-001-806-50

Michigan Marquette County Marquette 49855

117 W Ohio St, Marquette, MI

This home is located at 117 W Ohio St, Marquette, MI 49855 since 08 February 2023 and is currently estimated at $354,357, approximately $134 per square foot. This property was built in 1890. 117 W Ohio St is a home located in Marquette County with nearby schools including Graveraet Elementary School, Bothwell Middle School, and Marquette Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Upper Peninsula Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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