NOT LISTED FOR SALE

205 Nicholas Ave Palmer, MI 49871

Estimated Value: $127,000 - $164,000

2 Beds
1 Bath
916 Sq Ft
$161/Sq Ft Est. Value

Last Sold September 20, 2024

Last sale price $145,000 $158 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $784/month

11 Days on Market

Highlights

  • Second Garage
  • Sauna
  • Wood Flooring
  • Lakeview Elementary School Rated A-
  • Ranch Style House
  • Sun or Florida Room

About This Home

As of September 2024

Charming 2-bedroom, 1-bath ranch home nestled in the quiet community of Palmer, MI, just 15 miles from Marquette. This one-floor living home offers hardwood floors and a front office/sitting room that fills with natural light, making it perfect for work or relaxation. The spacious living room flows seamlessly into the eat-in kitchen, creating an open and inviting atmosphere. Both bedrooms are generously sized, and the 3/4 bathroom is ideal for everyday convenience. Enjoy the added benefit of an attached 1-car garage, as well as a large, detached 2-car oversized garage that is insulated with alley access—perfect for extra storage, hobbies, or a workshop. The expansive backyard provides plenty of space for outdoor activities, and the exterior sauna/shed adds a unique touch with some finishing. The full, unfinished basement offers endless potential for future expansion. All of this in a peaceful setting, with easy access to nearby Marquette or Negaunee. This home is a must-see! Check out the 3-D virtual tour! All offers due 09/06/24 at 12 NOON EST.

Last Agent to Sell the Property

Craig Heinonen

COLDWELL BANKER SCHMIDT REALTORS License #UPAR Listed on: 08/26/2024

COLDWELL BANKER SCHMIDT REALTORS

Last Buyer's Agent

Travis Ryan

FRESHDOOR REAL ESTATE License #UPAR-6502432529

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6

Year Built

  • Built in 1930

Lot Details

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

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 916 Sq Ft Home
  • Entryway
  • Living Room
  • Sun or Florida Room
  • Sauna

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 3 Car Garage
  • Second Garage

Utilities

  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available

Community Details

  • Richmond Twp Subdivision

Listing and Financial Details

  • Assessor Parcel Number 52-13-214-004-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$6

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type: Residential
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Year: 2023
  • Year Built: 1930
  • Mail City: Palmer
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail., Hardwood Floors
  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement: Block, Interior Access, Unfinished
  • Bedrooms: 2
  • Bedroom 1: On 1st Floor, Dimensions: 14 x 10
  • Bedroom 1 Floor Covering: Wood
  • Bedroom 2: On 1st Floor, Dimensions: 12 x 10
  • Bedroom 2 Floor Covering: Wood
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 8 x 6, On Level: First, Flooring: Linoleum
  • Room Types: Entry, First Floor Bedroom, First Floor Laundry, Living Room, Sun/Florida Room, Eat-In Kitchen
  • Kitchen: On 1st Floor, Dimensions: 12 x 12
  • Kitchen Floor Covering: Vinyl
  • Living Room: On 1st Floor, Dimensions: 18 x 17
  • Living Room Floor Covering: Wood
  • Sun Room: On 1st Floor, Dimensions: 13 x 7
  • Sun Room Floor Covering: Wood
  • Below Grade Sq Ft: 757
  • Above Grade Finished Sq Ft: 916
  • Total Finished Sq Ft: 916

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Street Lights
  • Foundation: Basement
  • Frontage: 50
  • Road: Access, City/County, Paved Street, Year Round
  • Out Buildings: Second Garage, Sauna
  • Frontage Type: Road

Garage/Parking

  • Garage: Attached Garage, Detached Garage
  • Garage Spaces: 3
  • Parking: 3 or More Spaces, Garage
  • Garage: Yes

Utilities

  • Heating: Boiler
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Assessor Parcel Number: 52-13-214-004-00
  • Zoning: Residential
  • Lot Description: Deep Lot - 150+ Ft.
  • Lot Dimensions: 50x150
  • Acreage: 0.17
  • Geo Subdivision: MI
  • Site/Lot Features: Platted

Tax Info

  • Summer Tax: Year: 2023
  • Winter Tax: Year: 2023
  • Total Tax: Year: 2023

MLS Schools

  • School District: Negaunee Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2024
Closed on
Sep 20, 2024
Sold by
Schmidt Parker
Bought by
Schultz Richard and Schultz Mary
Seller's Agent
Craig Heinonen
COLDWELL BANKER SCHMIDT REALTORS
Buyer's Agent
Travis Ryan
FRESHDOOR REAL ESTATE
List Price
$139,900
Sold Price
$145,000
Premium/Discount to List
$5,100
3.65%
Views
40
Current Estimated Value
$147,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,523
Avg. Annual Appreciation
1.69%

Purchase Details

Listed on
Oct 19, 2020
Closed on
May 3, 2021
Sold by
Dawn Arbelius
Bought by
Schmidt Parker
Seller's Agent
Sandra Innerbener
EXP REALTY LLC
Buyer's Agent
Sandra Innerbener
EXP REALTY LLC
List Price
$119,000
Sold Price
$85,000
Premium/Discount to List
-$34,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.06%
Original Mortgage
$82,450
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2013
Bought by
Arbelius Dawn
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
Schultz Richard $145,000 Transnation Title Agency
Schmidt Parker $85,000 Bensinger Cotant & Menkes Pc
Arbelius Dawn $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmidt Parker $82,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2024 09/20/24 Sold $145,000 +3.6% $158 / Sq Ft
09/06/2024 09/06/24 Pending -- -- --
08/26/2024 08/26/24 For Sale $139,900 +64.6% $153 / Sq Ft
05/03/2021 05/03/21 Sold $85,000 -28.6% $74 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
10/19/2020 10/19/20 For Sale $119,000 -- $103 / 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 $6 $43,000 $0 $0
2024 $6 $44,400 $0 $0
2023 $292 $34,700 $0 $0
2022 $871 $26,550 $0 $0
2021 $1,333 $30,550 $0 $0
2020 $807 $26,550 $0 $0
2019 $763 $26,850 $0 $0
2018 $714 $25,650 $0 $0
2017 $744 $26,650 $0 $0
2016 $758 $28,034 $0 $0
2015 -- $28,034 $0 $0
2014 -- $27,200 $0 $0
2012 -- $28,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Craig Heinonen

    Seller's Agent in 2024

    Craig Heinonen

    COLDWELL BANKER SCHMIDT REALTORS

    (906) 231-3635

    393 Total Sales

    Craig Heinonen
    Section Image
  • Travis Ryan

    Buyer's Agent in 2024

    Travis Ryan

    FRESHDOOR REAL ESTATE

    (906) 205-7777

    95 Total Sales

    Travis Ryan
    Section Image

  • S

    Seller's Agent in 2021

    Sandra Innerbener

    EXP REALTY LLC

    Section Image
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50153420

Upper Peninsula Association of REALTORS®

APN: 52-13-214-004-00

Michigan Marquette County Palmer 49866

205 Nicholas Ave, Palmer, MI

This home is located at 205 Nicholas Ave, Palmer, MI 49871 since 26 August 2024 and is currently estimated at $147,523, approximately $161 per square foot. This property was built in 1930. 205 Nicholas Ave is a home located in Marquette County with nearby schools including Lakeview Elementary School, Negaunee Middle School, and Negaunee 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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