NOT LISTED FOR SALE

1530 Fitch Ave Marquette, MI 49855

Estimated Value: $306,197 - $408,000

5 Beds
2 Baths
1,844 Sq Ft
$184/Sq Ft Est. Value

Last Sold March 27, 2023

Last sale price $251,500 $136 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,802/month

20 Days on Market

Highlights

  • Main Floor Bedroom
  • Porch
  • Forced Air Heating System
  • Graveraet Elementary School Rated A-
  • Bathroom on Main Level

About This Home

As of March 2023

Walking distance to NMU. This has been a very popular rental due to its square footage with 4 levels and proximity to NMU. 5 legal bedrooms plus an office/bonus room. 2 full bathrooms. Large unfinished walk out basement with laundry. Unique layout. 2 driveways for ample parking. Currently used as a rental with lease through May 2022, but has sales clause that buyers can use to give tenant a 30 days notice to vacate if desired. Current rent is $2,500/m and tenants pay all utilities, lawn care and snow removal. You'll be hard pressed to find that kind of return anywhere on a rental in the City of Marquette. 3D tour available. 24 hour notice for showings required. Investors may be interested in a larger portfolio package with a total of 17 properties being sold in the City of Marquette. Seller is Licensed Michigan Realtor. All offers will need to be submitted no later than 5 PM on Wednesday, February 1st. All offers will be reviewed within 48 hours.

Last Agent to Sell the Property

Lee Haynes

SELECT REALTY License #UPAR Listed on: 01/20/2023

Last Buyer's Agent

Lee Haynes

SELECT REALTY License #UPAR Listed on: 01/20/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1908

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x100

Home Design

  • Frame Construction

Interior Spaces

  • 1,844 Sq Ft Home
  • Partial Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 52-52-004-304-70

Home Details

Home Type

Single Family

Est. Annual Taxes

$50

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Conventional Frame
  • Structure Style: More Than 2 Stories
  • Total Tax Amount: 3903.17
  • Year Built: 1908
  • Mail City: Marquette
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Basement: Yes
  • Basement: Partial
  • Bedrooms: 5
  • Bedroom 1: On 1st Floor, Dimensions: 12 x 13
  • Bedroom 2: On 1st Floor, Dimensions: 12 x 11
  • Bedroom 3: On 2nd Floor, Dimensions: 11 x 10
  • Bedroom 4: On 2nd Floor, Dimensions: 12 x 10
  • Bedroom 5: On 3rd Floor, Dimensions: 27 x 13
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: On Level: First
  • Bathroom 2: On Level: Second
  • Room Types: First Floor Bedroom, First Flr Full Bathroom, Primary Bdrm Suite
  • Living Room: On 1st Floor, Dimensions: 13 x 11
  • Below Grade Sq Ft: 922
  • Above Grade Finished Sq Ft: 1844
  • Total Finished Sq Ft: 1844

Exterior Features

  • Exterior: Aluminum
  • Exterior Features: Porch
  • Foundation: Partial Basement
  • Frontage: 50
  • Road: City/County, Year Round

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Assessor Parcel Number: 52-52-004-304-70
  • Lot Dimensions: 50x100
  • Acreage: 0.11
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $3,739.61
  • Winter Tax: Year: 2023, Amount: $163.56
  • Total Tax: Amount: $3,903.17

MLS Schools

  • School District: Marquette Area School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2023
Closed on
Mar 27, 2023
Sold by
Lbh Group Llc
Bought by
Northpointe Opportunity Fund Llc
Seller's Agent
Lee Haynes
SELECT REALTY
Buyer's Agent
Lee Haynes
SELECT REALTY
List Price
$239,000
Sold Price
$251,500
Premium/Discount to List
$12,500
5.23%
Current Estimated Value
$328,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,945
Avg. Annual Appreciation
13.40%

Purchase Details

Closed on
Apr 3, 2001
Bought by
Haynes Lee B
Source: Public Records

Range of Values:

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Average Value
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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
Northpointe Opportunity Fund Llc $251,500 --
Haynes Lee B $42,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Northpointe Opportunity Fund L $1,830,000
Previous Owner Lbh Group Llc $148,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2023 03/27/23 Sold $251,500 +5.2% $136 / Sq Ft
02/09/2023 02/09/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $239,000 -- $130 / 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 $50 $103,500 $0 $0
2024 $50 $91,400 $0 $0
2023 $4,031 $85,300 $0 $0
2022 $3,903 $70,700 $0 $0
2021 $3,447 $71,800 $0 $0
2020 $3,400 $70,700 $0 $0
2019 $3,491 $67,500 $0 $0
2018 $3,272 $66,600 $0 $0
2017 $148 $64,800 $0 $0
2016 $3,320 $64,600 $0 $0
2015 -- $64,600 $0 $0
2014 -- $64,200 $0 $0
2012 -- $61,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50099856

Upper Peninsula Association of REALTORS®

APN: 52-52-004-304-70