NOT LISTED FOR SALE

508 S 7th St Marquette, MI 49855

Estimated Value: $275,000 - $362,747

5 Beds
2 Baths
2,064 Sq Ft
$160/Sq Ft Est. Value

Last Sold August 17, 2018

Last sale price $95,000 $46 Per Sq Ft

Est. 248% increase in value since last sale

Current estimated payment $1,739/month

6 Days on Market

About This Home

As of August 2018

This home is located at 508 S 7th St, Marquette, MI 49855 since 21 July 2018 and is currently estimated at $330,916, approximately $160 per square foot. This property was built in 1925. 508 S 7th St is a home located in Marquette County with nearby schools including Graveraet Elementary School, Bothwell Middle School, and Marquette Senior High School.

Last Agent to Sell the Property

Darren Wilbee

U.P. PROPERTIES, LLC License #UPAR-6502394511 Listed on: 07/21/2018

Last Buyer's Agent

Darren Wilbee

U.P. PROPERTIES, LLC License #UPAR-6502394511 Listed on: 07/21/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $38

Year Built

  • Built in 1925

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 50x255

Parking

  • 3 Car Parking Spaces

Interior Spaces

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

Utilities

  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 525200130040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$38

Year Built

Built in 1925

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: 1925
  • Mail City: Marquette
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: Full

Exterior Features

  • Construction: Aluminum
  • Roads: City/County

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Fuel Type: Electric, Natural Gas
  • Heating System: Hot Water
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 525200130040
  • Lot Dimensions: 50x255
  • Acreage: 0.29
  • Geo Subdivision: MI

Multi Family

  • Total Units: 1

MLS Schools

  • School District: Marquette Area School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2019
Sold by
Revocable Living Trust
Bought by
Hodgins Steven J
Current Estimated Value
$330,916

Purchase Details

Listed on
Jul 21, 2018
Closed on
Aug 17, 2018
Sold by
Ellingson Benjamin J
Bought by
508 S 7Th Mqt Llc
Seller's Agent
Darren Wilbee
U.P. PROPERTIES, LLC
Buyer's Agent
Darren Wilbee
U.P. PROPERTIES, LLC
List Price
$100,000
Sold Price
$95,000
Premium/Discount to List
-$5,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.93%

Purchase Details

Listed on
Jul 21, 2018
Closed on
Aug 13, 2018
Sold by
Wr Asset Trust
Bought by
Ellingson Benjamin J
Seller's Agent
Darren Wilbee
U.P. PROPERTIES, LLC
Buyer's Agent
Darren Wilbee
U.P. PROPERTIES, LLC
List Price
$100,000
Sold Price
$95,000
Premium/Discount to List
-$5,000
-5%

Purchase Details

Closed on
Aug 3, 2017
Sold by
Sheriff Of Marquette County
Bought by
Wr Asset Trust

Purchase Details

Closed on
May 14, 2004
Bought by
Weed Kevin and Weed Karen
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
Hodgins Steven J $40,000 Transnation Title Agency
508 S 7Th Mqt Llc -- Marquette County Title
Ellingson Benjamin J $95,000 Marquette County Title
Wr Asset Trust $80,000 Potestivo & Associates Pc
Weed Kevin $117,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2018 08/17/18 Sold $95,000 -5.0% $46 / Sq Ft
07/27/2018 07/27/18 Pending -- -- --
07/21/2018 07/21/18 For Sale $100,000 -- $48 / 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 $38 $159,100 $0 $0
2024 $38 $149,500 $0 $0
2023 $3,587 $105,000 $0 $0
2022 $3,473 $62,200 $0 $0
2021 $3,067 $64,600 $0 $0
2020 $3,025 $62,200 $0 $0
2019 $3,106 $58,500 $0 $0
2018 $2,931 $59,700 $0 $0
2017 $132 $61,400 $0 $0
2016 $2,973 $61,000 $0 $0
2015 -- $61,000 $0 $0
2014 -- $61,100 $0 $0
2012 -- $59,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Darren Wilbee

    Seller's Agent in 2018

    Darren Wilbee

    U.P. PROPERTIES, LLC

    (906) 250-0263

    10 Total Sales

    Darren Wilbee
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10071919

Upper Peninsula Association of REALTORS®

APN: 52-52-001-300-40

Michigan Marquette County Marquette 49855

508 S 7th St, Marquette, MI

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