$312,611
SOLD MAR 3, 2025

225 W Prospect St Marquette, MI 49855

3 Beds
2 Baths
1,564 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$200 Per Sq Ft

6% Above List Price

7 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Porch
  • Graveraet Elementary School Rated A-
  • Main Floor Bedroom
  • Living Room

About This Home

As of March 2025

Cute duplex in the city of Marquette. Currently used as a vacation rental, this property would be a great long-term rental or you could live in one unit and rent out the other. The basement has a laundry area accessible by both units and plenty of storage as well. The backyard has a nice gravel parking area and a large green space. Located conveniently between Third and Fourth Streets allows for great walkability to local coffee shops, gift stores, restaurants, etc. All offers due Thurs, Jan 23 at 12pm.

Last Agent to Sell the Property

Sean Leahy

SELECT REALTY License #UPAR Listed on: 01/17/2025

Last Buyer's Agent

Michael Golisek

RE/MAX 1ST REALTY License #UPAR

RE/MAX 1ST REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $44

Year Built

  • Built in 1895

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 43x150

Parking

  • 3 Car Parking Spaces

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Living Room
  • Wood Flooring
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement

Outdoor Features

  • Deck
  • Shed
  • Porch

Location

  • Property is near schools

Utilities

  • Boiler Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 52-52-003-006-30

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$44

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type: Duplex
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Conventional Frame
  • Sub Structure Types: Shed
  • Year Built: 1895
  • Mail City: Marquette
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: 9 Ft + Ceilings, Hardwood Floors
  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Stone
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Sub Room Description: Entry, First Floor Bedroom, Living Room
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 1564

Exterior Features

  • Construction: Vinyl Siding
  • Exterior Features: Deck, Porch, Street Lights
  • Frontage: 43
  • Sideof Street: S
  • Foundation Type: Basement
  • Roads: City/County, Curbed, Paved Street

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Heating System: Boiler
  • Separate Electric: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 52-52-003-006-30
  • Location: Walk To School
  • Lot Dimensions: 43x150
  • Acreage: 0.15
  • Lot Description: Deep Lot - 150+ Ft., Sidewalks
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Marquette Area School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2025
Closed on
Mar 3, 2025
Sold by
Whitney Kyle L and Stark Jaclyn A
Bought by
Boburka Joseph
Seller's Agent
Sean Leahy
SELECT REALTY
Buyer's Agent
Michael Golisek
RE/MAX 1ST REALTY
List Price
$295,000
Sold Price
$312,611
Premium/Discount to List
$17,611
5.97%
Views
21
Current Estimated Value
$302,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,241
Avg. Annual Appreciation
0.06%
Original Mortgage
$293,854
Outstanding Balance
$292,890
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$19,813

Purchase Details

Closed on
Apr 16, 2008
Bought by
Fletcher Candy C
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 Type Sale Price Title Company
Warranty Deed $312,611 None Listed On Document
Deed $147,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $293,854 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2025 03/03/25 Sold $312,611 +6.0% $200 / Sq Ft
01/24/2025 01/24/25 Pending -- -- --
01/17/2025 01/17/25 For Sale $295,000 +86.7% $189 / Sq Ft
04/17/2017 04/17/17 Sold $158,000 -1.3% $101 / Sq Ft
01/31/2017 01/31/17 Pending -- -- --
11/30/2016 11/30/16 For Sale $160,000 -- $102 / 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 $44 $127,800 $0 $0
2024 $44 $121,300 $0 $0
2023 $4,182 $108,800 $0 $0
2022 $4,049 $73,200 $0 $0
2021 $3,576 $76,500 $0 $0
2020 $3,527 $73,200 $0 $0
2019 $3,621 $68,200 $0 $0
2018 $2,820 $70,400 $0 $0
2017 $167 $72,500 $0 $0
2016 $3,755 $71,500 $0 $0
2015 -- $71,500 $0 $0
2014 -- $71,400 $0 $0
2012 -- $68,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50164764

Upper Peninsula Association of REALTORS®

APN: 52-52-003-006-30