3 months on rocket

167 Lakewood Ln, Marquette, MI, 49855

$745,000

Home List Price

$8,847*

Closing Credit

5 Bedrooms
3 Full Baths
2,641 SqFt
$282/SqFt
House

Location

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167 Lakewood Ln, Marquette$745,000

Buyer Closing Credits

$8,847*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built1955
HeatingNatural Gas, Hot Water
CoolingCeiling Fan(s)
BasementYes
WaterfrontBeach
MLS #50153814
Lot Size0.46 Acres
StatusActive

About 167 Lakewood Ln

Lake Superior Living just minutes from downtown Marquette! This spacious home is located on the lake side of Lakewood Lane and has full, private access to the beach. Immediate access to the Heritage Trail, and only 7 minutes into town to local restaurants and shops. Not planning to be a full-time resident? This home can be short or long-term rental. Featuring an easily convertible separate, private living space perfect for multigenerational living and/or guest quarters. This flexible area includes a kitchenette, private entrance, full bathroom and two bedrooms offering endless possibilities as a mother-in-law suite or a cozy retreat for extended family and friends. Full access to the beach in this comfortable home without the price of beachfront property makes this home a must see to start enjoying this unique Upper Michigan experience. This 5 bedroom, 3 bath home is waiting for you to enjoy afternoons on the beach, evening sunsets, and the Northern Lights!

Property Details

Property Features

Property Information:

  • Year Built: 1955
  • Stories: 1
  • Living Area: 2,641 SqFt

Listing Office:

  • Office Name: SELECT REALTY
  • Office Phone: (906) 228-2772
  • Listing Agent: CONNIE FRIES

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Oven
  • Basement: Yes
  • Interior: Bay Window, Cable/Internet Avail., Ceramic Floors, Sump Pump

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Beach
  • Exterior: Deck

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Virtual/3D Tour

  • Virtual Tour: 167 Lakewood Ln
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.46 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water
  • Cooling: Ceiling Fan(s)

School Info

School District Information:

  • School District: Marquette Area School District

Other

Directions Information:

  • Directions: From Marquette, drive south to Harvey on US 41 and turn left on Main Street. Take another left on Green Bay Street, cross the bridge, then turn right on Lakewood Lane. Drive to 167 Lakewood Lane. Home is on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $745,000
  • Price Per SqFt: $282/SqFt

Tax Information:

  • Annual Amount: $1,831
  • Tax Year: 2019
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Housing Market Comparison

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

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Marquette, MI

City

Med. Sold Price

$389K

Med. Price/SqFt

$304

Avg. Days On Market

33

# of Sold Homes

19

167 Lakewood Ln vs Marquette

114 DAYS ON ROCKET

+81 Days

$745,000

+$356K More

$282/SqFt

-$22 Less

KEY TAKEAWAY

This property is $356K more than the Median Sold Price and $22/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: #50153814

Listing Office:

  • Office Name: SELECT REALTY
  • Office Phone: (906) 228-2772
  • Listing Agent: CONNIE FRIES

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: 12/22/2024, 9:21:01 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 - $150,400
2020 - $144,300
2019$1,831$162,200
2018$1,790$134,000
2017$1,823$132,700

History based on county public records data.

Payment Calculator

$3,786

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,300

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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-934470
5
/10

  • Cherry Creek Elementary School

  • 1111 Ortman Rd

  • 1.35 miles

  • Public District Grades KG-5

school-card-donut-934471
6
/10

  • Superior Hills Elementary School

  • 1201 S McClellan Ave

  • 4.17 miles

  • Public District Grades PK-5

school-card-donut-934472
7
/10

  • Graveraet Elementary School

  • 611 N Front St

  • 4.22 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,750. The most common annual income of people living in Marquette, MI is between $35k-100k. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 167 Lakewood Ln

What is the listing price of this property?

The listing price of 167 Lakewood Ln property is $745,000.

What type of property is this?

The property 167 Lakewood Ln is a house located in Marquette, Michigan, 49855.

Is this property for sale now?

Active Listing: 167 Lakewood Ln 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 $1,831 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 167 Lakewood Ln has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 167 Lakewood Ln is 2,641 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 167 Lakewood Ln is 1955.

Rocket Homes›Michigan›Marquette County›Marquette›49855›167 Lakewood Ln

This home is located at 167 Lakewood Ln in Marquette, MI and zip code 49855. This 2,641 square foot home, which was built in 1955, sits on a 0.46 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 30, 2024 and is currently priced at $745,000.

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. Between October 2024 and November 2024, Marquette, MI real estate market has seen decrease in the number of listings by 9.8%. In November 2024 median list price was $389,000 and the average listing age was 33 days.

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

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