LISA ELZINGA
KELLER WILLIAMS FIRST UP
(906) 936-6145
40 Total Sales
6 in Marquette
$225K - $370K Price Range
2050 Wright St Marquette, MI 49855
Marquette Area
16
Beds
13
Baths
6,000
Sq Ft
2.42
Acre Lot
Highlights
- 2.42 Acre Lot
- 1-Story Property
- Forced Air Heating System
- Sandy Knoll School Rated A-
About This Home
As of February 202412 unit Investment opportunity within Marquette City limits less than a mile from Northern Michigan University. Property is just a few minutes drive to just about everything the City of Marquette has to offer. Within walking/biking distance to NMU, Lake Superior, The Superior Dome and many stores, shops and restaurants! And its nearly on top of the biking trail system. Seller has done extensive renovations to the majority of the units and has increased rents since purchase in 2021 to market value with more potential for growth. Property consists of a four bedroom house, 6 dwellings that are a mix of one to two bedrooms, and five efficiency apartments. Two of the original units were demolished and removed for additional parking and driveway to rear units. Property has plenty of room for improvements for tenant amenities etc.. to increase the appeal for prospective tenants and continued growth for the investor. The possibilities are endless!
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1960
Lot Details
- 2.42 Acre Lot
- 317 Ft Wide Lot
Home Design
- Pillar, Post or Pier Foundation
- Vinyl Siding
Interior Spaces
- 1-Story Property
Bedrooms and Bathrooms
- 16 Bedrooms
- 13 Full Bathrooms
Basement
- Michigan Basement
- Partial Basement
- Crawl Space
Parking
- 3 Car Parking Spaces
- Unassigned Parking
Utilities
- Forced Air Heating System
- Space Heater
- Separate Meters
- Electric Water Heater
- Community Sewer or Septic
Community Details
- 12 Units
- Marquette Subdivision
Listing and Financial Details
- Assessor Parcel Number 52-52-005-103-90
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 1, 2023
Closed on
Feb 22, 2024
Sold by
Bought by
Seller's Agent
Mark Coon
RE/MAX DOUGLASS R.E.-H
Buyer's Agent
Mark Coon
RE/MAX DOUGLASS R.E.-H
List Price
$999,000
Sold Price
$787,500
Premium/Discount to List
-$211,500
-21.17%
Views
108
Purchase Details
Listed on
Jun 15, 2022
Closed on
Aug 11, 2022
Sold by
Bought by
Seller's Agent
Nick Racine
RE/MAX 1ST REALTY
Buyer's Agent
Mark Coon
RE/MAX DOUGLASS R.E.-H
List Price
$529,900
Sold Price
$529,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.56%
Original Mortgage
$423,900
Interest Rate
5.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 28, 1993
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Marquette, MI
-
LISA ELZINGA
-
Jacqueline Kimball
Jacqueline Kimball
Real Broker LLC - Petoskey
(989) 278-2481
197 Total Sales
1 in Marquette
$415,000 Price
-
Craig Kangas
Craig Kangas
Responds QuicklyNORTHERN MICHIGAN LAND BROKERS - H
(906) 299-9786
73 Total Sales
2 in Marquette
$170K - $180K Price Range
-
David Gunnell
David Gunnell
NORTHERN MICHIGAN LAND BROKERS
(906) 936-3854
92 Total Sales
4 in Marquette
$235K - $1.9M Price Range
-
Jason Copeman
Jason Copeman
Copeman Realty
(906) 936-3892
36 Total Sales
7 in Marquette
$173K - $543K Price Range
-
Daniel Menard
Daniel Menard
COLDWELL BANKER SCHMIDT REALTORS
(906) 936-6206
158 Total Sales
6 in Marquette
$220K - $1.1M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $787,500 | Transnation Title Agency | ||
| $529,900 | Odea Nordeen And Pickens Pc | ||
| $109,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $423,900 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/22/2024 02/22/24 | Sold | $787,500 | -17.0% | $131 / Sq Ft | |
| 11/27/2023 11/27/23 | Price Changed | $949,000 | -5.0% | $158 / Sq Ft | |
| 11/01/2023 11/01/23 | For Sale | $999,000 | +14.2% | $167 / Sq Ft | |
| 11/01/2023 11/01/23 | Price Changed | $875,000 | +65.1% | $146 / Sq Ft | |
| 08/11/2022 08/11/22 | Sold | $529,900 | 0.0% | $95 / Sq Ft | View Prior Sale |
| 06/15/2022 06/15/22 | For Sale | $529,900 | -- | $95 / Sq Ft |
Source: Upper Peninsula Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $29,995 | $451,100 | $0 | $0 |
| 2025 | $28,754 | $527,300 | $0 | $0 |
| 2024 | $166 | $350,600 | $0 | $0 |
| 2023 | $21,757 | $288,800 | $0 | $0 |
| 2022 | $6,269 | $250,898 | $0 | $0 |
| 2021 | $5,537 | $239,500 | $0 | $0 |
| 2020 | $5,460 | $250,898 | $0 | $0 |
| 2019 | $5,607 | $237,000 | $0 | $0 |
| 2018 | $5,255 | $204,200 | $0 | $0 |
| 2017 | $237 | $204,800 | $0 | $0 |
| 2016 | $5,331 | $213,600 | $0 | $0 |
| 2015 | -- | $213,600 | $0 | $0 |
| 2014 | -- | $212,400 | $0 | $0 |
| 2012 | -- | $194,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Coon
Seller's Agent in 2024
Mark Coon
RE/MAX DOUGLASS R.E.-H
(906) 281-4197
133 Total Sales
-
Nick Racine
Seller's Agent in 2022
Nick Racine
RE/MAX 1ST REALTY
(906) 250-7229
292 Total Sales
Map
Source: Upper Peninsula Association of REALTORS®
MLS Number: 50126635
APN: 52-52-005-103-90
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.
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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