NOT LISTED FOR SALE

518 Summit St Marquette, MI 49855

Estimated Value: $151,000 - $403,000

2 Beds
1 Bath
604 Sq Ft
$401/Sq Ft Est. Value

Last Sold August 11, 2020

Last sale price $81,000 $134 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $1,272/month

1 Day on Market

Highlights

  • Wood Flooring
  • Fireplace
  • Shed
  • Graveraet Elementary School Rated A-
  • Bathroom on Main Level
  • 1-Story Property

About This Home

As of August 2020

Looking for an ultra-affordable first-time home, a long-term rental, a place for your college student to live, a lot to build in the City of Marquette –look no further. This well-priced two bedroom home is just what you need and not more. It’s dry and cozy, easy to maintain. This unit is currently certified for long-term rental and tenants have always been easy to find. Parking passes for NMU are not needed when you can walk onto campus easily. This home is in a wonderful, convenient location near NMU’s campus, quaint neighborhood, close to the lake superior, and local shops and businesses. With a nice yard and driveway that can accommodate multiple vehicles this single-family house is a great investment. Pre-inspection done on 7/23 and available upon request for as is sale.

Last Agent to Sell the Property

Brooke Berube

RE/MAX 1ST REALTY License #UPAR-6501394727 Listed on: 07/28/2020

RE/MAX 1ST REALTY

Last Buyer's Agent

Jennifer Grille

COLDWELL BANKER SCHMIDT REALTORS License #UPAR

COLDWELL BANKER SCHMIDT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13

Year Built

  • Built in 1954

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x100

Interior Spaces

  • 604 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Wood Flooring
  • Partial Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 52-52-004-311-51

Home Details

Home Type

Single Family

Est. Annual Taxes

$13

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 1 Story
  • Year Built: 1954
  • Mail City: Marquette
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail., Hardwood Floors
  • Fireplace: Yes
  • Basement: Yes
  • Basement: Partial
  • Bedrooms: 2
  • Bedroom 1: On Main Floor, Dimensions: 8 x 10
  • Bedroom 2: On Main Floor, Dimensions: 8 x 10
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: Main
  • Room Types: First Floor Bedroom, First Flr Full Bathroom
  • Kitchen: On Main Floor, Dimensions: 13 x 9
  • Living Room: On Main Floor, Dimensions: 12 x 12
  • Below Grade Sq Ft: 192
  • Above Grade Finished Sq Ft: 604
  • Total Finished Sq Ft: 604

Exterior Features

  • Exterior: Aluminum
  • Foundation: Partial Basement
  • Road: City/County
  • Out Buildings: Shed

Garage/Parking

  • Garage: No

Utilities

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

Lot Info

  • Assessor Parcel Number: 52-52-004-311-51
  • Lot Dimensions: 50x100
  • Acreage: 0.12
  • Geo Subdivision: MI

MLS Schools

  • School District: Marquette Area School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2020
Closed on
Sep 2, 2020
Sold by
Oja Kenneth and Oja Theresa
Bought by
Oja Kenneth and Oja Theresa
Seller's Agent
Brooke Berube
RE/MAX 1ST REALTY
Buyer's Agent
Jennifer Grille
COLDWELL BANKER SCHMIDT REALTORS
List Price
$79,000
Sold Price
$81,000
Premium/Discount to List
$2,000
2.53%
Current Estimated Value
$242,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,220
Avg. Annual Appreciation
23.40%

Purchase Details

Listed on
Jul 28, 2020
Closed on
Aug 11, 2020
Sold by
Jackpine Properties Llc
Bought by
Oja Kenneth and Oja Theresa
Seller's Agent
Brooke Berube
RE/MAX 1ST REALTY
Buyer's Agent
Jennifer Grille
COLDWELL BANKER SCHMIDT REALTORS
List Price
$79,000
Sold Price
$81,000
Premium/Discount to List
$2,000
2.53%

Purchase Details

Closed on
Mar 19, 2018
Sold by
Kramer Michael E
Bought by
Jackpine Properties Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Oja Kenneth -- Oja Kenneth
Oja Kenneth $81,000 Odea Nordeen Burink And Picken
Jackpine Properties Llc $22,500 Marquette County Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2020 08/11/20 Sold $81,000 +2.5% $134 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $79,000 -- $131 / 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 $13 $41,100 $0 $0
2024 $13 $36,800 $0 $0
2023 $1,248 $39,600 $0 $0
2022 $1,218 $31,400 $0 $0
2021 $1,032 $31,700 $0 $0
2020 $1,582 $31,400 $0 $0
2019 $1,625 $30,600 $0 $0
2018 $1,020 $38,800 $0 $0
2017 $46 $35,700 $0 $0
2016 $1,035 $35,600 $0 $0
2015 -- $35,600 $0 $0
2014 -- $35,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10041175

Upper Peninsula Association of REALTORS®

APN: 52-52-004-311-51