NOT LISTED FOR SALE

517 Norwood St Marquette, MI 49855

Estimated Value: $250,000 - $327,000

4 Beds
2 Baths
1,288 Sq Ft
$218/Sq Ft Est. Value

Last Sold March 13, 2023

Last sale price $240,000 $186 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,459/month

14 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Porch
  • Graveraet Elementary School Rated A-
  • Main Floor Bedroom
  • Bathroom on Main Level

About This Home

As of March 2023

Great rental or single family home. Recently updated in the last few years with a new kitchen, some new windows, lots of new flooring, updated bathrooms, 2 full bathrooms. Large deck in back. Kitchen has dishwasher. Located walking distance to Superior Dome and NMU and local restaurants. 4 bed (with 1 legal conforming bedroom in basement). Ample parking for 4 cars. Currently used as a rental with lease till May 2023, but has sales clause that buyers can use to give tenant a 30 days notice to vacate if desired. Current rent is $2,300/m and tenants pay all utilities, lawn care and snow removal. New rent in May will the advertised at $2,400/m. Investors will love the cash flow. 3D tour available 24 hour notice for showings required. Investors may be interested in a larger portfolio package with a total of 17 properties being sold in the City of Marquette. Seller is Licensed Michigan Realtor. All offers will need to be submitted no later than 5 PM on Wednesday, February 1. All offers will be reviewed within 48 hours.

Last Agent to Sell the Property

Lee Haynes

SELECT REALTY License #UPAR Listed on: 01/20/2023

Last Buyer's Agent

Don Schinella

SELECT REALTY License #UPAR-6502349729

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1948

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x120

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available

Community Details

  • Presque Isle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 525200450090

Home Details

Home Type

Single Family

Est. Annual Taxes

$46

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Conventional Frame
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 3306.73
  • Year Built: 1948
  • Mail City: Marquette
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail., Hardwood Floors
  • Appliances: Microwave
  • Basement: Yes
  • Basement: Full
  • Bedrooms: 4
  • Bedroom 1: On 1st Floor, Dimensions: 11 x 10
  • Bedroom 2: On 1st Floor, Dimensions: 10 x 10
  • Bedroom 3: On 2nd Floor, Dimensions: 11 x 14
  • Bedroom 4: In Basement, Dimensions: 18 x 10
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: On Level: First
  • Bathroom 2: On Level: Basement
  • Room Types: First Floor Bedroom, First Flr Full Bathroom
  • Kitchen: On 1st Floor, Dimensions: 15 x 8
  • Living Room: On 1st Floor, Dimensions: 15 x 11
  • Below Grade Sq Ft: 714
  • Finished Below Grade Sq Ft: 300
  • Above Grade Finished Sq Ft: 988
  • Total Finished Sq Ft: 1288

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck, Porch
  • Foundation: Basement
  • Frontage: 50
  • Road: City/County, Year Round

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Assessor Parcel Number: 525200450090
  • Lot Dimensions: 50x120
  • Acreage: 0.14
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $3,168.15
  • Winter Tax: Year: 2023, Amount: $138.58
  • Total Tax: Amount: $3,306.73

MLS Schools

  • School District: Marquette Area School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2023
Closed on
Mar 13, 2023
Sold by
Lbh Group Llc
Bought by
Butler Kyle and Mcintyre Raija
Seller's Agent
Lee Haynes
SELECT REALTY
Buyer's Agent
Don Schinella
SELECT REALTY
List Price
$235,000
Sold Price
$240,000
Premium/Discount to List
$5,000
2.13%
Current Estimated Value
$265,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,829
Avg. Annual Appreciation
6.76%
Original Mortgage
$188,800
Outstanding Balance
$183,287
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$97,485

Purchase Details

Closed on
Apr 6, 2009
Bought by
Ward Brandon C
Source: Public Records

Range of Values:

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Average Value
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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
Butler Kyle $240,000 --
Ward Brandon C $99,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler Kyle $188,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2023 03/13/23 Sold $240,000 +2.1% $186 / Sq Ft
02/03/2023 02/03/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $235,000 +107.0% $182 / Sq Ft
09/19/2016 09/19/16 Sold $113,500 -9.1% $76 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $124,900 -- $84 / 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 $46 $95,000 $0 $0
2024 $46 $84,400 $0 $0
2023 $3,415 $70,500 $0 $0
2022 $3,307 $58,200 $0 $0
2021 $2,921 $59,100 $0 $0
2020 $2,880 $58,200 $0 $0
2019 $2,958 $55,700 $0 $0
2018 $2,836 $56,600 $0 $0
2017 $138 $58,600 $0 $0
2016 $2,961 $58,300 $0 $0
2015 -- $58,300 $0 $0
2014 -- $57,900 $0 $0
2012 -- $57,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Lee Haynes

    SELECT REALTY

    (906) 362-5334

    35 in this area

    49 Total Sales

    Section Image
  • Don Schinella

    Buyer's Agent in 2023

    Don Schinella

    SELECT REALTY

    (906) 362-9273

    15 in this area

    153 Total Sales

    Section Image
  • Andi Goriesky

    Seller's Agent in 2016

    Andi Goriesky

    SELECT REALTY

    (906) 361-4655

    31 in this area

    215 Total Sales

    Section Image
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50099884

Upper Peninsula Association of REALTORS®

APN: 52-52-004-500-90

Michigan Marquette County Marquette 49855

517 Norwood St, Marquette, MI

This home is located at 517 Norwood St, Marquette, MI 49855 since 20 January 2023 and is currently estimated at $280,772, approximately $217 per square foot. This property was built in 1948. 517 Norwood St is a home located in Marquette County with nearby schools including Graveraet Elementary School, Bothwell Middle School, and Marquette Senior High School.

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.

Upper Peninsula Association of REALTORS® 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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