NOT LISTED FOR SALE

1702 W Fair Ave Marquette, MI 49855

Estimated Value: $428,000 - $717,000

4 Beds
2.5 Baths
2,688 Sq Ft
$189/Sq Ft Est. Value

Last Sold May 28, 2024

Last sale price $387,500 $144 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,717/month

86 Days on Market

Highlights

  • Fenced Yard
  • 2 Car Attached Garage
  • Carpet
  • Sandy Knoll School Rated A-
  • Shed
  • Heating Available

About This Home

As of May 2024

OPEN HOUSE 4/6/2024 11AM-1PM MOTIVATED SELLERS, they are offering a $15,000 rebate or $15,000 off the list price. Buyers can choose. Welcome to your new home in the heart of Marquette, Michigan! Located just a few blocks from the Northern Michigan University, the Medical Center and the UP Health System Hospital, this spacious 4-bedroom, 2.5-bath residence offers a perfect blend of comfort, convenience, and efficiency. With over 2400 square feet of living space, this home is designed to provide you with ample room for comfortable living. The main level features two bedrooms, perfect for those who prefer easy access and one-floor living, while the lower level offers an additional two bedrooms, providing privacy and separation when needed. One of the standout features of this home is its remarkable energy efficiency. The use of electric heat, complemented by a 33-panel solar/battery backup system, makes it incredibly eco-friendly and cost-effective. Don't worry about managing it— the solar system operates automatically, ensuring your energy needs are met seamlessly. In fact, the current average for electric/gas costs was just $3005, demonstrating significant savings for your family. Two fireplaces grace this lovely home. The gas fireplace on the main level adds warmth and ambiance to the living space, while the second one on the lower level provides a cozy retreat for relaxation. Whether you're curling up with a good book or enjoying a movie night, these fireplaces will keep you toasty on those chilly Upper Peninsula evenings. Sitting on an 88x101 city lot, the property offers a partially fenced backyard for added privacy and outdoor enjoyment. It's the perfect spot for summer barbecues, gardening, or just soaking up the Marquette sunshine. Two substantial recent upgrades add tremendous value to this property. The installation of the 34-panel solar system, expertly executed by Peninsula Solar, not only reduces your carbon footprint but also significantly lowers your utility bills. This $30,000 investment pays off in both the short and long term. Additionally, the complete basement foundation repair carried out by Northern Basement Solutions, also totaling $30,000, ensures the structural integrity and longevity of your home. You can enjoy peace of mind knowing that your investment is well-protected. In summary, this centrally located Marquette home offers the perfect blend of comfort, efficiency, and modern amenities. With spacious bedrooms, energy-efficient features, cozy fireplaces, and recent upgrades, it's an excellent choice for those seeking a comfortable and eco-conscious lifestyle.

Last Agent to Sell the Property

ROBERT PLOTEZKA

KELLER WILLIAMS FIRST UP License #UPAR-6501417990 Listed on: 01/28/2024

KELLER WILLIAMS FIRST UP

Last Buyer's Agent

Erin Wasik

RE/MAX 1ST REALTY License #UPAR-6501417226

RE/MAX 1ST REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48

Year Built

  • Built in 1973

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 88x101
  • Fenced Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • Gas Fireplace
  • Living Room with Fireplace
  • Carpet

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Sump Pump
  • Block Basement Construction

Outdoor Features

  • Shed

Utilities

  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 52-52-007-901-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$48

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type: Residential
  • Type Of Property: Single Family
  • Architecture Style: Conventional Frame
  • Structure Style: Bi-Level
  • Total Tax Amount: 4557
  • Year Built: 1973
  • Mail City: Marquette
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Sump Pump
  • Appliances: Dishwasher, Range/Oven
  • Fireplace: Yes
  • Fireplaces: Gas Fireplace, LivRoom Fireplace
  • Basement: Yes
  • Basement: Block
  • Bedrooms: 4
  • Bedroom 1: On Upper Floor, Dimensions: 12 x 12
  • Bedroom 2: On Upper Floor, Dimensions: 15 x 13
  • Bedroom 3: On Lower Floor, Dimensions: 15 x 13
  • Bedroom 4: On Lower Floor, Dimensions: 12 x 13
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Bathroom 1: On Level: First
  • Bathroom 2: Dimensions: 10 x 8, On Level: Lower
  • Breakfast Nook: On 1st Floor, Dimensions: 15 x 9
  • Family Room: On Lower Floor, Dimensions: 27 x 13
  • Kitchen: On 1st Floor, Dimensions: 17 x 10
  • Living Room: On 1st Floor, Dimensions: 15 x 18
  • Living Room Floor Covering: Carpet
  • Below Grade Sq Ft: 1344
  • Finished Below Grade Sq Ft: 1344
  • Above Grade Finished Sq Ft: 1344
  • Total Finished Sq Ft: 2688
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl Siding, Cinder Block
  • Exterior Features: Fenced Yard, Fence Owned
  • Foundation: Basement
  • Frontage: 88
  • Road: City/County, Year Round
  • Out Buildings: Shed

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Electric Heat
  • Heating Fuel: Electric
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Electric

Lot Info

  • Assessor Parcel Number: 52-52-007-901-00
  • Lot Dimensions: 88x101
  • Acreage: 0.2
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023, Amount: $4,557.00
  • Winter Tax: Year: 2024
  • Total Tax: Amount: $4,557.00

MLS Schools

  • School District: Marquette Area School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2024
Closed on
May 28, 2024
Sold by
Reinhardt Martin J and Moses Christina M
Bought by
Braeburn Kyle and Braeburn Garett
Seller's Agent
ROBERT PLOTEZKA
KELLER WILLIAMS FIRST UP
Buyer's Agent
Erin Wasik
RE/MAX 1ST REALTY
List Price
$450,000
Sold Price
$387,500
Premium/Discount to List
-$62,500
-13.89%
Views
189
Current Estimated Value
$509,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,683
Avg. Annual Appreciation
21.44%
Original Mortgage
$367,500
Outstanding Balance
$363,521
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$135,301

Purchase Details

Closed on
May 1, 1992
Bought by
Pernaski Robert F and Pernaski Deborah S
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
Braeburn Kyle $387,500 None Listed On Document
Pernaski Robert F $87,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Braeburn Kyle $367,500
Previous Owner Reinhardt Martin J $66,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2024 05/28/24 Sold $387,500 -7.7% $144 / Sq Ft
03/19/2024 03/19/24 Price Changed $420,000 -3.4% $156 / Sq Ft
03/08/2024 03/08/24 Price Changed $435,000 -1.1% $162 / Sq Ft
02/13/2024 02/13/24 Price Changed $440,000 -2.2% $164 / Sq Ft
01/28/2024 01/28/24 For Sale $450,000 +109.4% $167 / Sq Ft
03/12/2018 03/12/18 Sold $214,900 0.0% $80 / Sq Ft
03/11/2018 03/11/18 For Sale $214,900 -- $80 / Sq Ft
01/24/2018 01/24/18 Pending -- -- --
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 $48 $180,200 $0 $0
2024 $48 $171,000 $0 $0
2023 $4,557 $143,300 $0 $0
2022 $4,448 $114,400 $0 $0
2021 $3,745 $121,200 $0 $0
2020 $3,694 $114,400 $0 $0
2019 $3,886 $111,300 $0 $0
2018 $2,869 $107,100 $0 $0
2017 $201 $103,800 $0 $0
2016 $2,980 $96,500 $0 $0
2015 -- $96,500 $0 $0
2014 -- $101,900 $0 $0
2012 -- $100,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50132337

Upper Peninsula Association of REALTORS®

APN: 52-52-007-901-00