NOT LISTED FOR SALE

226 W Ohio St Marquette, MI 49855

Estimated Value: $394,000 - $421,425

4 Beds
2 Baths
2,564 Sq Ft
$159/Sq Ft Est. Value

Last Sold October 16, 2018

Last sale price $264,000 $103 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,179/month

4 Days on Market

Highlights

  • 2 Car Detached Garage
  • Porch
  • Forced Air Heating and Cooling System
  • Graveraet Elementary School Rated A-

About This Home

As of October 2018

This duplex is truly a gem in the heart of Marquette! Extensively renovated, this would make the perfect owner occupied investment property or give you the opportunity to bring in great income by renting both units out. The lower unit is a 2 bedroom spacious unit with all new Energy Star appliances and includes a dishwasher and disposal (unlike the upper unit). The washer and dryer are right in the unit as well! The upper unit has 2 bedrooms and a smaller office/den. The washer and dryer for this unit is located in the basement and is also Energy Star rated! The building updates include almost all new window, new flooring, appliances( lower unit and both sets of washers and dryers), new central air, added insulation, updated electrical, high efficiency furnace, new bathroom and kitchen, new paved driveway and patio and essentially a new garage. The two car garage and fenced in back yard are also a huge plus!

Last Agent to Sell the Property

Steve Pelto

LOOK REALTY License #UPAR Listed on: 09/06/2018

Last Buyer's Agent

Steve Pelto

LOOK REALTY License #UPAR Listed on: 09/06/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $61

Year Built

  • Built in 1880

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 71x150

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Additional Features

  • Porch
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 52-52-002-303-70

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$61

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1880
  • Mail City: Marquette
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range/Oven
  • Basement: Yes
  • Basement Type: Full
  • Estimated Sq Ft: 2564

Exterior Features

  • Construction: Vinyl Siding
  • Exterior Features: Porch
  • Roads: City/County

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 2
  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Cooling System: Central A/C
  • Fuel Type: Electric, Natural Gas
  • Heating System: Forced Air
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 52-52-002-303-70
  • Lot Dimensions: 71x150
  • Acreage: 0.24
  • 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
Sep 6, 2018
Closed on
Oct 16, 2018
Sold by
Pelto Steven C
Bought by
Sanderson Edward J and Sanderson Francine
Seller's Agent
Steve Pelto
LOOK REALTY
Buyer's Agent
Steve Pelto
LOOK REALTY
List Price
$269,900
Sold Price
$264,000
Premium/Discount to List
-$5,900
-2.19%
Current Estimated Value
$408,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,475
Avg. Annual Appreciation
6.46%
Original Mortgage
$250,800
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2017
Sold by
Pelto Carl B
Bought by
Pelto Steven C and Pelto Courtney

Purchase Details

Closed on
Nov 1, 1988
Bought by
Pelto Brian D
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
Sanderson Edward J $264,000 Mct Title
Pelto Steven C -- Kendricks Bordeau Adamini Gree
Pelo Carl B -- Kendricks Bordeau Adamini Gree
Pelto Brian D $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sanderson Edward J $250,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2018 10/16/18 Sold $264,000 -2.2% $103 / Sq Ft
09/10/2018 09/10/18 Pending -- -- --
09/06/2018 09/06/18 For Sale $269,900 -- $105 / 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 $61 $223,200 $0 $0
2024 $61 $212,100 $0 $0
2023 $5,792 $171,100 $0 $0
2022 $5,626 $122,400 $0 $0
2021 $4,855 $129,000 $0 $0
2020 $4,788 $122,400 $0 $0
2019 $4,964 $112,800 $0 $0
2018 $1,772 $73,800 $0 $0
2017 $97 $76,200 $0 $0
2016 $1,815 $73,700 $0 $0
2015 -- $73,700 $0 $0
2014 -- $73,800 $0 $0
2012 -- $71,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10072119

Upper Peninsula Association of REALTORS®

APN: 52-52-002-303-70