NOT LISTED FOR SALE

526 W Ridge St Marquette, MI 49855

Estimated Value: $330,000 - $424,000

5 Beds
2 Baths
2,298 Sq Ft
$159/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $265,000 $115 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,032/month

Highlights

  • 1-Story Property
  • Forced Air Heating System
  • 4-minute walk to Harlow Park
  • Sandy Knoll School Rated A-

About This Home

As of June 2023

Great investment opportunity! Large residence has a solid 17+ yr. rental history, and the back unit 25+. This would also make for the perfect owner-occupied investment The main residence has a new concrete driveway in 2021, new roof 2016, new furnace & water heater in 2015 and some new plumbing in the kitchen & bath in 2019. The back unit has new concrete driveway and walkway to front door in 2021.The main residence has a large dining room off the living room, kitchen, bath and one bedroom on the main floor. The remaining three spacious bedrooms are upstairs. The back unit would also be a perfect mother-in-law suite equipped with living room, kitchen, bedroom and bath.

Last Agent to Sell the Property

Lee Haynes

SELECT REALTY License #UPAR Listed on: 06/29/2023

Last Buyer's Agent

Lee Haynes

SELECT REALTY License #UPAR Listed on: 06/29/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1880

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 51.25x94

Interior Spaces

  • 1-Story Property
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

  • 2 Units
  • Harlow Subdivision

Listing and Financial Details

  • Assessor Parcel Number 52-52-002-502-60

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: 1 Story
  • Total Tax Amount: 3199.04
  • Year Built: 1880
  • Mail City: Marquette
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: Yes
  • Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Estimated Sq Ft: 2298

Exterior Features

  • Foundation Type: Basement
  • Roads: Year Round

Utilities

  • Water: Public Water
  • Fuel Type: Natural Gas
  • Heating System: Electric Heat, Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 52-52-002-502-60
  • Lot Dimensions: 51.25x94
  • Acreage: 0.11
  • Zoning: Mixed Use

Tax Info

  • Summer Tax: Year: 2022, Amount: $3,064.99
  • Winter Tax: Year: 2023, Amount: $134.05
  • Total Tax: Amount: $3,199.04

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
Jun 29, 2023
Closed on
Jun 29, 2023
Sold by
Tmoney Holdings Llc
Bought by
Av Rentals Properties 6 Llc
Seller's Agent
Lee Haynes
SELECT REALTY
Buyer's Agent
Lee Haynes
SELECT REALTY
List Price
$265,000
Sold Price
$265,000
Current Estimated Value
$365,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,960
Avg. Annual Appreciation
14.13%
Original Mortgage
$212,000
Outstanding Balance
$207,662
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$139,820

Purchase Details

Listed on
Feb 24, 2022
Closed on
Apr 11, 2022
Sold by
Unknown
Bought by
Tmoney Holdings Llc
Seller's Agent
NICOLE WELDUM
SWADLEY DEVELOPMENT, LLC
Buyer's Agent
Lee Haynes
SELECT REALTY
List Price
$275,900
Sold Price
$255,110
Premium/Discount to List
-$20,790
-7.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.17%
Original Mortgage
$210,400
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2002
Bought by
Vanwormer Jennifer A
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
Av Rentals Properties 6 Llc $265,000 None Listed On Document
Tmoney Holdings Llc $255,110 Kendricks Bordeau Keefe Seavoy
Vanwormer Jennifer A $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Av Rentals Properties 6 Llc $212,000
Previous Owner Tmoney Holdings Llc $210,400
Previous Owner Vanwormer Jennifer $74,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $265,000 0.0% $115 / Sq Ft
06/29/2023 06/29/23 For Sale $265,000 +3.9% $115 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
04/11/2022 04/11/22 Sold $255,110 -7.5% $111 / Sq Ft
03/10/2022 03/10/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $275,900 -- $120 / 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
2024 $61 $111,200 $0 $0
2023 $5,296 $96,800 $0 $0
2022 $3,199 $68,200 $0 $0
2021 $2,713 $71,200 $0 $0
2020 $2,675 $68,200 $0 $0
2019 $2,747 $63,500 $0 $0
2018 $2,575 $62,500 $0 $0
2017 $116 $64,500 $0 $0
2016 $2,612 $59,500 $0 $0
2015 -- $59,500 $0 $0
2014 -- $59,500 $0 $0
2012 -- $58,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Lee Haynes

    SELECT REALTY

    (906) 362-5334

    48 Total Sales

    Lee Haynes
    Section Image
  • NICOLE WELDUM

    Seller's Agent in 2022

    NICOLE WELDUM

    SWADLEY DEVELOPMENT, LLC

    (906) 362-8334

    27 Total Sales

    NICOLE WELDUM
    Section Image
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50113990

Upper Peninsula Association of REALTORS®

APN: 52-52-002-502-60

Michigan Marquette County Marquette 49855

526 W Ridge St, Marquette, MI

This home is located at 526 W Ridge St, Marquette, MI 49855 since 29 June 2023 and is currently estimated at $365,960, approximately $159 per square foot. This property was built in 1880. 526 W Ridge St is a home located in Marquette County with nearby schools including Sandy Knoll 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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