Positioned perfectly on a generous 1.69-acre lot in the vibrant city of Marquette, this custom-built duplex stands as a testament to meticulous craftsmanship and thoughtful design. With over 5,500 square feet of elegantly finished living space, the residence unit B boasts a fully equipped in-law suite on the lower level, ensuring comfort and privacy for extended family or guests. The original owner's dedication to detail is evident throughout, from the well-maintained interiors to the serene outdoor courtyard. Quality features include solid 6 panel oak doors and trim, central air, 9 zone hot water heat, central vac and so much storage. Unit A offers a cozy retreat with two bedrooms, two bathrooms, an exercise room, loads of storage space and convenient laundry facilities, complemented by a single-car garage. Unit B, is impressive, features two spacious bedrooms, with potential for a third, two large bathrooms, laundry on both levels, and a sauna—perfect for relaxation. The high-ceilinged two-car garage adds a touch of luxury. The lower level's in-law suite, complete with its own kitchen and living area, opens up to a secluded courtyard (24x22), ideal for tranquil gatherings or quiet evenings around the fire pit. Just moments away from the new hospital, the golf course and Lake Superior, this property promises a blend of investment potential and multi-generational living at its finest.
This property is $460.9K more than the Median Sold Price and $150/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: #50158551
Listing Office:
Office Name: RE/MAX 1ST REALTY
Office Phone: (906) 225-1136
Listing Agent: KELLIE HILLIER-GENSCHAW
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, 2:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$7,736
$256,000
2020
$7,428
$241,500
2019
$403
$219,600
2018
$7,202
$213,500
2017
$7,175
$220,900
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,309
Per Month
Principal & Interest
$4,242
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
$2,615
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Superior Hills Elementary School
1201 S McClellan Ave
Distance between this listing and this school0.40 miles
Public District Grades PK-5
8
/10
Sandy Knoll School
401 N 6th St
Distance between this listing and this school0.81 miles
Public District Grades PK-5
7
/10
Graveraet Elementary School
611 N Front St
Distance between this listing and this school1.14 miles
Public District Grades KG-5
Nearby Schools
6
/10
Bothwell Middle School
1200 Tierney St
Distance between this listing and this school0.31 miles
Public District Grades 6-8
7
/10
Negaunee Middle School
102 W Case St
Distance between this listing and this school9.77 miles
Public District Grades 5-8
6
/10
Ishpeming Middle School
324 E Pearl St
Distance between this listing and this school12.54 miles
Public District Grades 5-8
Nearby Schools
8
/10
Marquette High School
1203 W Fair Ave
Distance between this listing and this school1.22 miles
Public District Grades 9-12
3
/10
Vandenboom Alternative High School
1175 Erie Strert
Distance between this listing and this school1.77 miles
Public District Grades 9-12
5
/10
North Star Academy
3030 Wright St
Distance between this listing and this school2.58 miles
The neighbors living near this home have an average income of $23,214. Typical income of Marquette, MI residents is less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
This home is located at 737 Grove St in Marquette, MI and zip code 49855. This 5,514 square foot home, which was built in 2001, sits on a 1.69 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $849,900.
In November 2024 more than 9 listings in Marquette, MI were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 9 were sold below. The number of homes for sale in Marquette, MI decreased by 9.8% between October 2024 and November 2024. In November 2024, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $389,000.
From Rocket Homes Real Estate and based on county public records data.