There are no similar homes for sale within a 3 mile radius.1 / 1
Sold in 35 Days
402 County Road 550th Rd, Marquette, MI, 49855
Closed On : Tue Dec 10 2024
$740,000
$10K Below Asking
List Price : $750,000
4 Bedrooms
3 Full Baths
2,497 SqFt
House
Location
Comparable Homes
There are no similar homes for sale within a 3 mile radius.Price Details
Housing Market Comparison
See how this home compares to others in Marquette, MI.
City
Med. Sold Price
$389K
Med. Price/SqFt
$304
Avg. Days On Market
33
# of Sold Homes
19
402 County Road 550th Rd vs Marquette
80 DAYS ON ROCKET
+47 Days
$740,000
+$351K More
KEY TAKEAWAY
This property is $351K more than the Median Sold Price in Marquette, MI.
Based on homes sold in November 2024
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: 12/26/2024, 5:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
$3,811
Per Month
Principal & Interest
$3,744
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,315
Powered By
Advertisement
NMLS#3030
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
8
/10
Sandy Knoll School
401 N 6th St
Distance between this listing and this school2.75 miles
Public District Grades PK-5
7
/10
Graveraet Elementary School
611 N Front St
Distance between this listing and this school2.94 miles
Public District Grades KG-5
6
/10
Superior Hills Elementary School
1201 S McClellan Ave
Distance between this listing and this school3.50 miles
Public District Grades PK-5
Neighborhood
What Are The Neighbors Like?
How much money do the neighbors make?
49%
<35k
32%
35k-100k
14%
100k-200k
5%
200k+
What level of education do the neighbors have?
- Post Secondary
- 60%
- High School
- 24%
- Masters
- 17%
What types of families live nearby?
68%
Single, No Kids
7%
Single, with Kids
19%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
- Renters
- 60%
- Home Owners
- 40%
How old are people in this area?
6%
<11 yrs old
5%
12-17 yrs old
49%
18-34 yrs old
31%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
- Pro Wrestling
- Extreme Sports
- PGA/LPGA
Pro Wrestling
Extreme Sports
PGA/LPGAWhere do the neighbors shop?
- Wal-Mart
- Academy Sports & Outdoors
- Stein Mart
Wal-Mart
Academy Sports & Outdoors
Stein MartWhere do the neighbors go to eat?
- Sonic
- Little Caesars
- Bob Evans
Sonic
Little Caesars
Bob EvansWhat do the neighbors drive?
- Oldsmobile
- Chevrolet
- Lincoln
Oldsmobile
Chevrolet
LincolnWhat do the neighbors listen to?
- Contemporary Inspirational
- Country
- News/Talk/Information
Contemporary Inspirational
Country
News/Talk/InformationThe neighbors living near this home have an average income of $36,755. Typical income of Marquette, MI residents is less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Interested in homes like this? Let's connect.
Contact Us
(855) 200-2001Let Us Contact You
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
Rocket Homes›Michigan›Marquette County›Marquette›49855›402 County Road 550th Rd
In November 2024, from all listings sold in Marquette, MI there were more than 9 sold above asking price, over 9 sold below and more than 1 were sold right at the asked price. In November 2024 in Marquette, MI there were 9.8% less homes for sale than in October 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.
More Resources
More Homes For Sale in Marquette
Homes For Sale in Nearby Cities
Housing Market Reports in Marquette County
- Marquette Housing Market
- Chocolay Charter Township Housing Market
- West Branch Township Housing Market
- Negaunee Housing Market
- Ishpeming Housing Market
- Negaunee Township Housing Market
- Richmond Township Housing Market
- Ishpeming Township Housing Market
- Forsyth Township Housing Market
- Marquette Charter Township Housing Market