$340,000
SOLD AUG 11, 2025

147 S Water St Marine City, MI 48039

1 Bed
1.5 Baths
1,962 Sq Ft
0.32 Acres

Recently Sold

$173 Per Sq Ft

14% Below List Price

131 Days on Market

Highlights

  • Private Waterfront
  • Boat Facilities
  • Ground Level Unit
  • Marine City High School Rated 9+
  • River Access
  • 5-minute walk to Main St playground

About This Home

As of August 2025

Perfect little retail shop or restaurant right in the heart of Downtown Marine City!! Located right on the St. Clair River with absolutely beautiful views!! Watch the freighters go by all day long!! Upstairs is a cute 1 bed/1 bath apartment with amazing views as well! Balcony off of the top level apartment to sit out and enjoy your morning coffee or glass of wine!! Marine City is a booming little town with great retail shops and restaurants bringing in a lot of tourists!! Its currently being used as a retail shop but before that, was a very successful restaurant!! Perfect time and perfect spot to get something started!!

Last Agent to Sell the Property

Stacy Comment

DOBI Real Estate License #6501400204 Listed on: 03/21/2025

DOBI Real Estate

Last Buyer's Agent

Stacy Comment

DOBI Real Estate License #6501400204 Listed on: 03/21/2025

DOBI Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 57 x 243
  • Private Waterfront
  • Beach Front
  • 57 Feet of Waterfront
  • River Front

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,962 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 1 Bedroom

Parking

  • 2 Parking Garage Spaces
  • Driveway

Outdoor Features

  • River Access
  • Boat Facilities
  • Patio

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Back Up Electric Heat Pump System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 74024750265000

Community Details

Overview

  • No Home Owners Association
  • The Village Of Marine Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Level: 2 Story
  • Year Built: 9999
  • State Equalized Value: 82500.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 3
  • Total Bedrooms: 1
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Sq Ft Combined: 1962
  • Total Sq Ft: 1962

Exterior Features

  • Waterfront Name: St. Clair River
  • Waterfront: Yes
  • Foundation Details: Crawl
  • Construction Materials: Vinyl, Wood
  • Frontage Feet: 57
  • Porch Type: Patio
  • Road Frontage Type: Paved
  • Sideof Street: E
  • Water Frontage Feet: 57.00
  • Waterfront Description: Beach Front, Beach Access, Direct Water Frontage, Private Water Frontage, River Access, River Front, Water Front

Garage/Parking

  • Garage Size: No Garage
  • Garage Features: 2+ Assigned Spaces, Driveway

Utilities

  • Heating Fuel: Electric
  • Heating: Baseboard, Forced Air, Wall Furnace
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: East China

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.32
  • Lot Dimensions: 57 x 243
  • Parcel Number: 74024750265000

Rental Info

  • Deposit Amount: 20.00

Tax Info

  • Tax Amount Summer: 2762.0000
  • Tax Amount Winter: 191.0000
  • Total Tax: 2953.0000
  • Taxable Value: 52661.0000

Multi Family

  • Waterfront Features: All Sports Lake, Boat Facilities, DIRFRT

MLS Schools

  • School District: East China

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2025
Closed on
Aug 11, 2025
Sold by
Lm M Holdings Lc
Bought by
Fisher Jeremy and Fisher Melissa
Seller's Agent
Stacy Comment
DOBI Real Estate
Buyer's Agent
Stacy Comment
DOBI Real Estate
List Price
$397,500
Sold Price
$340,000
Premium/Discount to List
-$57,500
-14.47%
Views
171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
164.42%

Purchase Details

Closed on
Jul 28, 2016
Sold by
Garwood Pennie R and Cusman Pennie R
Bought by
Lmm Holdings Lc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Contract Of Sale -- None Listed On Document
Warranty Deed $180,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 Sold $340,000 -5.5% $173 / Sq Ft
07/30/2025 07/30/25 Pending -- -- --
06/14/2025 06/14/25 Price Changed $359,900 -4.0% $183 / Sq Ft
05/01/2025 05/01/25 Price Changed $375,000 -3.6% $191 / Sq Ft
04/15/2025 04/15/25 Price Changed $389,000 -2.1% $198 / Sq Ft
03/21/2025 03/21/25 For Sale $397,500 -- $203 / Sq Ft
Source: Realcomp

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 $979 $25,500 $0 $0
2024 $979 $23,600 $0 $0
2023 $926 $21,300 $0 $0
2022 $973 $20,900 $0 $0
2021 $931 $19,600 $0 $0
2020 $927 $19,100 $19,100 $0
2019 $889 $19,700 $0 $0
2018 $891 $20,000 $0 $0
2017 $870 $19,800 $0 $0
2016 $826 $19,800 $0 $0
2015 -- $15,000 $15,000 $0
2014 -- $16,500 $16,500 $0
2013 -- $29,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20250019258

Realcomp

APN: 02-475-0265-000