NOT LISTED FOR SALE

208 Timber Ln Marquette, MI 49855

Estimated Value: $163,000 - $354,000

3.11 Acres
$88,214 Price per Acre
135,472 Sq Ft Lot

Last Sold December 04, 2024

Last sale price $289,900

Est. 5% decrease in value since last sale

Current estimated payment $1,497/month

12 Days on Market

Highlights

  • Sandy Beach
  • River Front
  • Partially Wooded Lot
  • Marquette Senior High School Rated A-
  • 3.11 Acre Lot
  • Shed

About This Lot

As of December 2024

Nestled perfectly along the serene shoreline of the Chocolay River, this 3.11-acre building site offers a tranquil retreat with over 375 feet of river frontage. The land, already cleared and primed for construction, sits within the charming Fernwood Park Subdivision, only a few miles from the vibrant city of Marquette. The diligent efforts of the current owners have shaped this parcel into a ready canvas for your dream home. The property boasts a practical 2-car drive-through garage, a spacious 20x10 storage shed, and a circular driveway for ease of access. Additionally, an adorable 8x8 outbuilding awaits, ideal for safeguarding water sports equipment or transforming into a cozy sauna. Fish for salmon from the water's edge or kayak all the way to Lake Superior. With its substantial size, breathtaking waterfront views, and proximity to urban conveniences, this property truly encapsulates the essence of a perfect home site.

Last Agent to Sell the Property

Kellie Hillier-Genschaw

RE/MAX 1ST REALTY License #UPAR Listed on: 10/17/2024

RE/MAX 1ST REALTY

Last Buyer's Agent

Breck and Erick Tonella-Brooks

RE/MAX 1ST REALTY License #UPAR-6501387214

RE/MAX 1ST REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $694

Lot Details

  • 3.11 Acre Lot
  • Lot Dimensions are 376x367
  • River Front
  • Sandy Beach
  • Cleared Lot
  • Partially Wooded Lot

Utilities

  • Sand Point Well

Listing and Financial Details

  • Assessor Parcel Number 52-02-109-125-00

Community Details

Overview

  • Fernwood Park Subdivision

Recreation

  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$694

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: VACANT LAND
  • Type Of Property: Vacant Land
  • Style: Vacant Land
  • Sub Structure Types: Shed
  • Mail City: Marquette
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 376
  • Lake Name: Chocolay River
  • Water Features: River Frontage, Waterfront, Sandy Bottom
  • Waterfront: Yes
  • Roads: Year Round, Black Top
  • Frontage Type: Water

Utilities

  • Water: None, Point Well
  • Sewer/Septic System: None
  • Fuel On Site: Electric, Natural Gas

Lot Info

  • Assessor Parcel Number: 52-02-109-125-00
  • Acreage: 3.11
  • Lot Description: Deep Lot - 150+ Ft., Large Lot - 65+ Ft., Cleared, Partially Wooded
  • Zoning: Residential
  • Lot Size: 376x367
  • Survey On File: Yes
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2024
  • Winter Tax: Year: 2024

MLS Schools

  • School District: Marquette Area School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2024
Closed on
Dec 4, 2024
Sold by
Varty Dale W and Varty Gail A
Bought by
Lockman John and Klepadlo Nicole
Seller's Agent
Kellie Hillier-Genschaw
RE/MAX 1ST REALTY
Buyer's Agent
Breck and Erick Tonella-Brooks
RE/MAX 1ST REALTY
List Price
$289,900
Sold Price
$289,900
Views
12
Current Estimated Value
$274,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,553
Avg. Annual Appreciation
-5.36%
Original Mortgage
$217,425
Outstanding Balance
$189,155
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$85,192
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lockman John $289,900 None Listed On Document
Lockman John $289,900 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lockman John $217,425
Closed Lockman John $217,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2024 12/04/24 Sold $289,900 0.0% --
10/17/2024 10/17/24 For Sale $289,900 -- --
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 $694 $24,700 $0 $0
2024 $2 $20,700 $0 $0
2023 $173 $17,900 $0 $0
2022 -- $15,600 $0 $0
2021 $592 $15,500 $0 $0
2020 $157 $15,600 $0 $0
2019 $575 $15,200 $0 $0
2018 $561 $13,300 $0 $0
2017 $285 $6,800 $0 $0
2016 $1,491 $53,800 $0 $0
2015 -- $53,800 $0 $0
2014 -- $53,800 $0 $0
2012 -- $47,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50158815

Upper Peninsula Association of REALTORS®

APN: 52-02-109-125-00