NOT LISTED FOR SALE

540 S Lakeshore Blvd Unit 27 Marquette, MI 49855

Estimated Value: $545,000 - $622,000

2 Beds
2 Baths
1,102 Sq Ft
$400/mo HOA Fee

Last Sold July 03, 2024

Last sale price $565,000 $513 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,513/month

10 Days on Market

Highlights

  • Main Floor Bedroom
  • Porch
  • Walk-In Closet
  • Graveraet Elementary School Rated A-
  • 1 Car Attached Garage
  • 1-minute walk to Father Marquette Park

About This Home

As of July 2024

Discover the pinnacle of luxury living in Marquette at this exquisite condo located in the heart of the city's most desirable area, Founders Landing. Nestled right across from the pristine waters of Lake Superior, this residence offers breathtaking views of endless sunsets and the iconic Ore Dock, creating a picturesque backdrop for your daily life. Step inside this beautifully designed home to find an open-concept kitchen and living area, perfect for both entertaining and everyday living. The kitchen features elegant cherry cabinets, sleek granite countertops, and modern appliances. The seamless flow into the spacious living room, bathed in natural light from the large windows, makes this space warm and inviting. This condo boasts two generously-sized bedrooms both with lake views and two full bathrooms. The primary bedroom is a serene retreat, complete with a walk-in closet, a double sink vanity, and a beautifully tiled shower. The secondary bedroom is perfect for guests or a home office, offering ample space and comfort. One of the standout features of this property is the expansive covered deck overlooking Lake Superior. Imagine starting your day with a cup of coffee or ending it with a glass of wine, all while taking in the stunning lake views and vibrant sunrises and sunsets. Founders Landing is known for its scenic beauty and central location; this area has been transformed into a vibrant community. You'll be steps away from the best restaurants, shopping, and cultural attractions that Marquette has to offer. Don’t miss this rare opportunity to own a piece of Marquette’s most sought-after location. Schedule a showing today and experience the unparalleled beauty and convenience of living at Founders Landing!

Last Agent to Sell the Property

Steve Pelto

LOOK REALTY License #UPAR Listed on: 05/25/2024

Co-Listed By

TIFFANY BOWMAN

LOOK REALTY License #UPAR-6501391824

Last Buyer's Agent

TIFFANY BOWMAN

LOOK REALTY License #UPAR-6501391824

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2013

Lot Details

  • 3,311

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Cement Siding

Interior Spaces

  • 1,102 Sq Ft Home
  • Window Treatments
  • Living Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Internet Available

Additional Features

  • Porch
  • Sprinkler System
  • Property is near a Great Lake

Listing and Financial Details

  • Assessor Parcel Number 52-52-012-002-70

Community Details

Overview

  • Association fees include hoa, ground maintenance, snow removal, trash removal
  • Brian Pesola HOA
  • Founders Landing Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7

Year Built

Built in 2013

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type: Residential
  • Type Of Property: Condominium
  • Architecture Style: Conventional Frame
  • Structure Style: Condo/Apt 1st Flr
  • Total Tax Amount: 7829
  • Total Tax Year: 2023
  • Year Built: 2013
  • Mail City: Marquette
  • Unit Number Building Number: 27
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Cable/Internet Avail., Walk-In Closet, Window Treatment(s)
  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: None (Basement)
  • Bedrooms: 2
  • Bedroom 1: On 1st Floor, Dimensions: 12 x 15
  • Bedroom 2: On 1st Floor, Dimensions: 11 x 12
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: On Level: First
  • Bathroom 2: On Level: First
  • Room Types: First Floor Bedroom, First Floor Laundry, Living Room, First Flr Full Bathroom, Primary Bdrm Suite
  • Kitchen: On 1st Floor, Dimensions: 16 x 12
  • Living Room: On 1st Floor, Dimensions: 16 x 16
  • Above Grade Finished Sq Ft: 1102
  • Total Finished Sq Ft: 1102

Exterior Features

  • Exterior: Brick, Cement Siding
  • Exterior Features: Lawn Sprinkler, Porch
  • Foundation: Slab
  • Lake Name: Lake Superior
  • Road: City/County, Paved Street, Year Round
  • Water Features: Water View, Great Lake
  • Out Buildings: None (OtherStructures)

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 1
  • Parking: 2 Spaces, Paved Driveway
  • Garage: Yes

Utilities

  • Heating: Hot Water
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Tankless Hot Water
  • Cooling: Central A/C

Condo/Co-op/Association

  • HOA Fee Includes: Hoa, Maintenance Grounds, Snow Removal, Trash Removal
  • HOA Fees: 400.09
  • HOA Fee Frequency: Monthly
  • Community Features: Some Pet Restrictions
  • Association Contact: Brian Pesola
  • Association Phone: 906-228-2770
  • Pets: Yes
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 52-52-012-002-70
  • Zoning: Site Condominium
  • Lot Dimensions: condo
  • Site Condo: Yes
  • Geo Subdivision: MI
  • Site/Lot Features: City Limits

Rental Info

  • Pets Allowed: Yes
  • Pet Restriction: Call For Pet Restrictions

Tax Info

  • Summer Tax: Year: 2023, Amount: $7,356.00
  • Winter Tax: Year: 2023, Amount: $473.00
  • Total Tax: Year: 2023, Amount: $7,829.00

MLS Schools

  • School District: Marquette Area School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2024
Closed on
Jun 28, 2024
Sold by
Zhao Yansong and Speagle Ronald
Bought by
Fleming Cynthia J
Seller's Agent
Steve Pelto
LOOK REALTY
Buyer's Agent
TIFFANY BOWMAN
LOOK REALTY
List Price
$564,900
Sold Price
$565,000
Premium/Discount to List
$100
0.02%
Views
7
Current Estimated Value
$582,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,306
Avg. Annual Appreciation
4.86%
Original Mortgage
$452,000
Outstanding Balance
$446,953
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$151,189

Purchase Details

Closed on
Jun 29, 2021
Sold by
Lily Properties Llc
Bought by
Zhao Yansong and Speagle Ronald

Purchase Details

Closed on
Oct 27, 2020
Sold by
Landing Development Group Llc
Bought by
Landing Condominiums Association

Purchase Details

Closed on
May 16, 2018
Sold by
Landing Condominium Association Inc
Bought by
Landing Condominiums

Purchase Details

Listed on
Jun 27, 2017
Closed on
Aug 31, 2017
Sold by
Arthur Schon
Bought by
Lily Properties Llc
Seller's Agent
Cheryl Jackson
RE/MAX 1ST REALTY
Buyer's Agent
Brooke Berube
RE/MAX 1ST REALTY
List Price
$399,900
Sold Price
$377,500
Premium/Discount to List
-$22,400
-5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
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
Fleming Cynthia J $565,000 None Listed On Document
Zhao Yansong $400,000 --
Landing Condominiums Association -- Hirzel Law Plc
Landing Condominiums -- Cummings Mcclorey Davis & Acho
Lily Properties Llc $377,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fleming Cynthia J $452,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2024 07/03/24 Sold $565,000 0.0% $513 / Sq Ft
06/04/2024 06/04/24 Pending -- -- --
05/25/2024 05/25/24 For Sale $564,900 +49.6% $513 / Sq Ft
08/31/2017 08/31/17 Sold $377,500 -5.6% $343 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
06/27/2017 06/27/17 For Sale $399,900 +16.7% $363 / Sq Ft
02/01/2013 02/01/13 Sold $342,700 0.0% $324 / Sq Ft
01/31/2013 01/31/13 For Sale $342,700 -- $324 / Sq Ft
07/06/2012 07/06/12 Pending -- -- --
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 $116 $314,600 $0 $0
2024 $116 $229,400 $0 $0
2023 $7,356 $204,600 $0 $0
2022 $7,180 $188,100 $0 $0
2021 $8,843 $189,800 $0 $0
2020 $8,721 $188,100 $0 $0
2019 $8,955 $170,700 $0 $0
2018 $8,394 $164,700 $0 $0
2017 $383 $167,900 $0 $0
2016 $5,673 $166,000 $0 $0
2015 -- $166,000 $0 $0
2014 -- $164,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50143460

Upper Peninsula Association of REALTORS®

APN: 52-52-012-002-70