NOT LISTED FOR SALE

778 Lakewood Ln Marquette, MI 49855

Estimated Value: $55,614 - $348,000

1.35 Acres
$123,608 Price per Acre
58,806 Sq Ft Lot

Last Sold July 09, 2021

Last sale price $40,500

Est. 312% increase in value since last sale

Current estimated payment $889/month

6 Days on Market

Highlights

  • Wooded Lot
  • Shed
  • Lot Has A Rolling Slope
  • Marquette Senior High School Rated A-

About This Lot

As of July 2021

Chocolay Township building lot with 1.35 acres and frontage on M28 as well as Lakewood Lane. This is a unique opportunity to a have a double lot with road frontage on both ends in a nice neighborhood lying just outside of Marquette. The parcel has an old 600 square foot cabin but is otherwise undeveloped. The land is gently rolling terrain with sandy soils and nicely wooded with pine trees. The highway frontage is near the entrance to the NMU Golf Course. The frontage on Lakewood lane provide access on a quieter neighborhood street with power, phone, cable, natural gas, and even township sewer are all available roadside. The entire parcel is workable land giving you many options for a new home site and plenty of space for outbuildings. All of these great features are available at an attractive price point under $30,000.

Last Agent to Sell the Property

Rob Sullivan

NORTHERN MICHIGAN LAND BROKERS License #UPAR-6502362192 Listed on: 06/09/2021

Last Buyer's Agent

Frida Waara

RE/MAX 1ST REALTY License #UPAR-6501361553

RE/MAX 1ST REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4

Lot Details

  • 1.35 Acre Lot
  • Lot Dimensions are 100x630
  • Lot Has A Rolling Slope
  • Wooded Lot

Outdoor Features

  • Shed

Listing and Financial Details

  • Assessor Parcel Number 52-02-111-051-00

Property Details

Property Type

Land

Est. Annual Taxes

$4

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: VACANT LAND
  • Type Of Property: Vacant Land
  • Sub Structure Types: Shed
  • Total Tax Year: 2021
  • Mail City: Marquette
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Roads: City/County, Paved Street, Year Round

Utilities

  • Water: None
  • Sewer/Septic System: Public Sanitary, Public At Street
  • Fuel On Site: Natural Gas

Schools

  • School District: Marquette Area School District

Lot Info

  • Assessor Parcel Number: 52-02-111-051-00
  • Acreage: 1.35
  • Lot Description: Rolling/Hilly, Wooded
  • Lot Size: 100x630
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2021

MLS Schools

  • School District: Marquette Area School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Jul 9, 2021
Sold by
Dale Crow
Bought by
Michaels Lyle and Michaels Amy
Seller's Agent
Rob Sullivan
NORTHERN MICHIGAN LAND BROKERS
Buyer's Agent
Frida Waara
RE/MAX 1ST REALTY
List Price
$29,900
Sold Price
$40,500
Premium/Discount to List
$10,600
35.45%
Current Estimated Value
$166,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,371
Avg. Annual Appreciation
43.66%

Purchase Details

Closed on
Oct 31, 1997
Bought by
Crow Dale and Regan Kristina
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
Michaels Lyle $40,500 Transnation Title Agency
Crow Dale $15,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2021 07/09/21 Sold $40,500 +35.5% --
06/15/2021 06/15/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $29,900 -- --
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 $4 $34,700 $0 $0
2024 $4 $30,400 $0 $0
2023 $305 $28,500 $0 $0
2022 $783 $24,400 $0 $0
2021 $654 $23,700 $0 $0
2020 $174 $24,400 $0 $0
2019 $635 $23,300 $0 $0
2018 $620 $22,800 $0 $0
2017 $604 $21,400 $0 $0
2016 $594 $21,000 $0 $0
2015 -- $21,000 $0 $0
2014 -- $23,500 $0 $0
2012 -- $22,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10065579

Upper Peninsula Association of REALTORS®

APN: 52-02-111-051-00