3 months on rocket

508 N Teal Lake Ave, Negaunee, MI, 49866

$155,000

Home List Price

$1,841*

Closing Credit

3 Bedrooms
1 Full Bath
1,484 SqFt
$104/SqFt
House

Location

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508 N Teal Lake Ave, Negaunee$155,000

Buyer Closing Credits

$1,841*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage1 space
Year Built1900
HeatingNatural Gas, Steam, Hot Water, Radiant
CoolingNone
BasementYes
WaterfrontNone
ViewNone
MLS #50149574
Lot Size0.08 Acres
StatusActive

About 508 N Teal Lake Ave

Check out this 3 bedroom 1 bath 19th Century home conveniently located just blocks from Teal Lake, public school, downtown and just minutes from Marquette. While this home is livable as is, it could also be a great buy for someone looking to bring it back to life. With some updates, a little tlc and refinishing of hardwood floors you can make it shine again! Features a full basement, beautiful original trim work, hardwood flooring, deck and garage. Seller is offering a $15,000 credit to buyer towards roof and home improvements. Bathroom is currently being remodeled. Home has been a great rental property for about 14 years. Currently Vacant

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Stories: 2
  • Living Area: 1,484 SqFt

Listing Office:

  • Office Name: PICTURED ROCKS REAL ESTATE
  • Office Phone: (906) 387-2619
  • Listing Agent: MELINDA SAVOLA

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Range, Oven, Refrigerator, Washer
  • Basement: Yes
  • Interior: Hardwood Floors, Walk-In Closet

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: None
  • Exterior: Deck

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Steam, Hot Water, Radiant
  • Cooling: None

School Info

School District Information:

  • School District: Negaunee Public Schools

Other

Directions Information:

  • Directions: US 41 28 to Negaunee, turn South on Teal Lake Ave, house will be on the left past Arch Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $155,000
  • Price Per SqFt: $104/SqFt

Tax Information:

  • Annual Amount: $2,218
  • Tax Year: 2019
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Housing Market Comparison

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

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Negaunee, MI

City

Med. Sold Price

$218K

Med. Price/SqFt

$168

Avg. Days On Market

10

# of Sold Homes

12

508 N Teal Lake Ave vs Negaunee

117 DAYS ON ROCKET

+107 Days

$155,000

-$63K Less

$104/SqFt

-$65 Less

KEY TAKEAWAY

This property is $63K less than the Median Sold Price and $65/SqFt less than other homes in Negaunee, MI.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: Upper Peninsula Assoc of Realtors
  • MLS Number: #50149574

Listing Office:

  • Office Name: PICTURED ROCKS REAL ESTATE
  • Office Phone: (906) 387-2619
  • Listing Agent: MELINDA SAVOLA

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: 11/18/2024, 3:20:51 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 - $40,450
2020 - $40,450
2019$2,218$39,200
2018$2,188$40,800
2017$2,118$41,900

History based on county public records data.

Payment Calculator

$841

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$531

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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-632723
6
/10

  • Lakeview School

  • 200 Croix St

  • 0.54 miles

  • Public District Grades PK-4

school-card-donut-632724
5
/10

  • Birchview School

  • 663 Poplar St

  • 2.52 miles

  • Public District Grades PK-4

school-card-donut-632725
6
/10

  • Superior Hills Elementary School

  • 1201 S McClellan Ave

  • 9.45 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,995. Residents of Negaunee, MI typically earn less than $35k each year. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 508 N Teal Lake Ave

What is the listing price of this property?

The listing price of 508 N Teal Lake Ave property is $155,000.

What type of property is this?

The property 508 N Teal Lake Ave is a house located in Negaunee, Michigan, 49866.

Is this property for sale now?

Active Listing: 508 N Teal Lake Ave 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 $2,218 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 508 N Teal Lake Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 508 N Teal Lake Ave is 1,484 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 508 N Teal Lake Ave is 1900.

Rocket Homes›Michigan›Marquette County›Negaunee›49866›508 N Teal Lake Ave

This home is located at 508 N Teal Lake Ave in Negaunee, MI and zip code 49866. This 1,484 square foot home, which was built in 1900, sits on a 0.08 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 24, 2024 and is currently priced at $155,000.

Over 6 listings were sold over their listed price in October 2024 in Negaunee, MI. In the same period over 4 listings were sold below the listed price and 2 listings were sold for the listed price. The number of listings in Negaunee, MI increased by 13.8% between September 2024 and October 2024. In October 2024, listings were on the market for 10 days. During the same period, the median list price in this real estate market was $218,000.

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

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