NOT LISTED FOR SALE

125 E Crescent St Marquette, MI 49855

Estimated Value: $332,000 - $583,000

-- Bed
2 Baths
2,236 Sq Ft
$188/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $230,000 $103 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $2,242/month

2 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Porch
  • Graveraet Elementary School Rated A-
  • Fenced Yard
  • Hot Water Heating System

About This Home

As of September 2020

Beautifully updated duplex in Marquette's heart is walking distance to NMU, Lake Superior and downtown Marquette. This duplex has an excellent rental history and income! Besides that, the property has had many updates that include a new roof, siding, plumbing, electrical, parking area, water/sewer laterals, and paint. Each unit has its private balcony that overlooks the spacious backyard. Quiet, convenient, and is no need for immediate updates. This duplex is guaranteed to move quickly, so make it part of your investment portfolio today!

Last Agent to Sell the Property

Breck and Erick Tonella-Brooks

RE/MAX 1ST REALTY License #UPAR-6501387214 Listed on: 08/03/2020

RE/MAX 1ST REALTY

Last Buyer's Agent

Breck and Erick Tonella-Brooks

RE/MAX 1ST REALTY License #UPAR-6501387214 Listed on: 08/03/2020

RE/MAX 1ST REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $47

Year Built

  • Built in 1885

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Fenced Yard

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Porch

Utilities

  • Hot Water Heating System

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 52-52-003-504-50

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$47

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1885
  • Mail City: Marquette
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Hardwood Floors
  • Basement: Yes
  • Basement Type: Full
  • Estimated Sq Ft: 2236

Exterior Features

  • Construction: Vinyl Siding
  • Exterior Features: Deck, Fenced Yard, Porch
  • Roads: City/County

Utilities

  • Water: Public Water
  • Fuel Type: Electric, Natural Gas
  • Heating System: Hot Water
  • Sewer/Septic System: Public Sanitary

Condo/Co-op/Association

  • Community Amenities: Laundry Facility

Lot Info

  • Assessor Parcel Number: 52-52-003-504-50
  • Lot Dimensions: 50x150
  • Acreage: 0.17
  • Geo Subdivision: MI

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
Aug 3, 2020
Closed on
Sep 18, 2020
Sold by
Urusprings Llc
Bought by
Howes Jason and Fisher Shannon
Seller's Agent
Breck and Erick Tonella-Brooks
RE/MAX 1ST REALTY
Buyer's Agent
Breck and Erick Tonella-Brooks
RE/MAX 1ST REALTY
List Price
$229,000
Sold Price
$230,000
Premium/Discount to List
$1,000
0.44%
Current Estimated Value
$420,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,454
Avg. Annual Appreciation
12.74%
Original Mortgage
$172,500
Outstanding Balance
$153,082
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$267,372

Purchase Details

Closed on
Aug 1, 1992
Bought by
Gorsalitz Joshua J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Howes Jason $230,000 Odea Nordeen And Pickens Pc
Gorsalitz Joshua J $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howes Jason $172,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2020 09/18/20 Sold $230,000 +0.4% $103 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $229,000 +57.9% $102 / Sq Ft
01/31/2018 01/31/18 Sold $145,000 -3.3% $65 / Sq Ft View Prior Sale
12/15/2017 12/15/17 Pending -- -- --
11/28/2017 11/28/17 For Sale $149,900 -- $67 / 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 $47 $140,900 $0 $0
2024 $47 $125,600 $0 $0
2023 $4,430 $103,100 $0 $0
2022 $4,303 $82,700 $0 $0
2021 $4,669 $92,000 $0 $0
2020 $4,049 $82,700 $0 $0
2019 $4,158 $78,300 $0 $0
2018 $3,428 $75,300 $0 $0
2017 $155 $77,300 $0 $0
2016 $3,478 $77,000 $0 $0
2015 -- $77,000 $0 $0
2014 -- $77,000 $0 $0
2012 -- $62,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10072267

Upper Peninsula Association of REALTORS®

APN: 52-52-003-504-50