4 months on rocket

111 Lara Lei Trl, Marquette, MI, 49855

$1,325,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
4,364 SqFt
$304/SqFt
House

Location

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111 Lara Lei Trl, Marquette$1,325,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingPaved Driveway
Garage3 spaces
Year Built1992
HeatingPropane, Steam, Hot Water, Radiant Floor
CoolingWall/Window Unit(s)
BasementYes
WaterfrontCreek, Pond, Waterfront
FireplaceLivRoom Fireplace, Electric Fireplace
ViewPond, Water
MLS #50149498
Lot Size3.82 Acres
StatusActive

About 111 Lara Lei Trl

Originally built in 1992, this home underwent extensive renovations starting in 2020, completed in June 2024. Taken down to the studs in most areas, it now features a modern and efficient layout. The upper level includes two large bedrooms with spacious walk-in closets, a shared bath with Kohler fixtures, Italian porcelain tile, walk-in tile shower, soaker tub and custom Omega cabinetry. The main level boasts a redesigned kitchen with high-end Omega Custom cabinets, granite countertops, a Wolfe oven and stove, Sub-Zero refrigerator, and an eating bar overlooking the pond. The living room features custom cabinets and an electric fireplace, while the study/office offers built-in storage and solid oak doors. Additional highlights include a main floor laundry room with custom cabinetry, a reconfigured half bath, pantry closet and new air conditioning units throughout. There is also a large "bonus" room (1014sf) that can be turned back into an attached garage if desired. Basement has a 3rd bedroom, full bathroom, workout room, 2nd living room and kitchen. There is a walk-out to the back yard, perfect for entertaining. The home also has new Italian porcelain flooring, updated plumbing and electrical systems, and custom Baldwin hardware. Situated on 3.5 acres with access to groomed walking trails, this property offers serene living with thoughtful upgrades throughout. The exterior features new doors, storm panels, and Bali window treatments. With a fully renovated heating system, two 1000-gallon propane tanks, and ample storage, this home combines luxury with practicality. A separate 32x24 three-car detached garage adds to the convenience of storage & parking. This beautifully updated brick home also has a metal adobe-style roof and in addition to the private pond, the property extends just past the far bank of Cherry Creek.

Property Details

Property Features

Property Information:

  • Year Built: 1992
  • Stories: 2
  • Living Area: 4,364 SqFt

Listing Office:

  • Office Name: KEY REALTY DELTA COUNTY LLC
  • Office Phone: (906) 233-7455
  • Listing Agent: KYLE SOLIS

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Oven, Refrigerator, Water Softener
  • Basement: Yes
  • Interior: 9 ft + Ceilings, Cable/Internet Avail., Ceramic Floors, Sump Pump, Walk-In Closet, Window Treatment(s), Accessibility Features
  • Fireplace: LivRoom Fireplace, Electric Fireplace

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Creek, Pond, Waterfront
  • View: Pond, Water
  • Exterior: Exterior Balcony, Deck, Pond

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Paved Driveway

Virtual/3D Tour

  • Virtual Tour: 111 Lara Lei Trl
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 3.82 Acres

Utilities

Utilities Information:

  • Heating: Propane, Steam, Hot Water, Radiant Floor
  • Cooling: Wall/Window Unit(s)

School Info

School District Information:

  • School District: Marquette Area School District

Other

Directions Information:

  • Directions: Front St south to US 41 through Harvey Apx 1 mile past McDonalds take a right on Lara Lei Trail. Private Driveway marked with archway at beginning

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,325,000
  • Price Per SqFt: $304/SqFt

HOA Fees:

  • Amount: $1500
  • Frequency: Annually

Tax Information:

  • Annual Amount: $4,751
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Marquette, MI.

Med. Sold Price

$389K

Med. Price/SqFt

$304

Avg. Days On Market

33

# of Sold Homes

19

111 Lara Lei Trl vs Marquette

147 DAYS ON ROCKET

+114 Days

$1,325,000

+$936K More

$304/SqFt

-$0 Less

KEY TAKEAWAY

This property is $936K more than the Median Sold Price and $0/SqFt less than other homes in Marquette, MI.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Name: Upper Peninsula Assoc of Realtors
  • MLS Number: #50149498

Listing Office:

  • Office Name: KEY REALTY DELTA COUNTY LLC
  • Office Phone: (906) 233-7455
  • Listing Agent: KYLE SOLIS

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 5:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021 - $263,700
2020 - $212,500
2019$4,751$277,300
2018$5,710$285,000
2017$5,776$274,500

History based on county public records data.

Payment Calculator

$6,806

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,039

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4406580
5
/10
  • Cherry Creek Elementary School

  • 1111 Ortman Rd

  • 0.73 miles

  • Public District Grades KG-5

school-card-donut-4406581
6
/10
  • Superior Hills Elementary School

  • 1201 S McClellan Ave

  • 5.31 miles

  • Public District Grades PK-5

school-card-donut-4406582
7
/10
  • Graveraet Elementary School

  • 611 N Front St

  • 5.58 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $77,909. The majority of Marquette, MI residents have income between $35k-100k annually. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 111 Lara Lei Trl

What is the listing price of this property?

The listing price of 111 Lara Lei Trl property is $1,325,000.

What type of property is this?

The property 111 Lara Lei Trl is a house located in Marquette, Michigan, 49855.

Is this property for sale now?

Active Listing: 111 Lara Lei Trl is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $4,751 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 111 Lara Lei Trl has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 111 Lara Lei Trl is 4,364 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 111 Lara Lei Trl is 1992.

Rocket HomesMichiganMarquette CountyMarquette49855111 Lara Lei Trl

This home is located at 111 Lara Lei Trl in Marquette, MI and zip code 49855. This 4,364 square foot home, which was built in 1992, sits on a 3.82 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 23, 2024 and is currently priced at $1,325,000.

Over 9 listings were sold over their listed price in November 2024 in Marquette, MI. In the same period over 9 listings were sold below the listed price and 1 listings were sold for the listed price. The number of listings in Marquette, MI decreased by 9.8% between October 2024 and November 2024. The median list price of listings available in November 2024 was $389,000, while the average time on the real estate market was 33 days.

From Rocket Homes Real Estate and based on county public records data.

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