11 months on rocket

111 Richmond Rd, Palmer, MI, 49871

$83,500

Home List Price

$992*

Closing Credit

3 Bedrooms
2 Full Baths
1,194 SqFt
$70/SqFt
Multi
Schools Nearby

Location

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111 Richmond Rd, Richmond Township$83,500

Buyer Closing Credits

$992*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking2 Spaces
Year Built1930
HeatingForced Air, Radiant
CoolingNone
BasementYes
WaterfrontNone
ViewNone
MLS #50110569
Lot Size0.18 Acres
StatusActive

About 111 Richmond Rd

Great investment opportunity! This duplex brings in just over $1,400/month. Landlord pays all utilities. The lower unit features 2 bedrooms and 1 bath. The upper unit has 1 bedroom and 1 bath. There are separate gas meters and 2 hot water heaters. The range/ovens & refrigerators are owned by the landlord. There is a 3-car stall barn and a large private lot.

Property Details

Property Features

Property Information:

  • Architectural Style: Conventional Frame
  • Year Built: 1930
  • Stories: 2
  • Living Area: 1,194 SqFt

Listing Office:

  • Office Name: RE/MAX 1ST REALTY
  • Office Phone: (906) 225-1136
  • Listing Agent: FRAN SEVEGNEY

Interior Features

Interior Information:

  • Appliances: Range, Oven, Refrigerator
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: None

Parking Information:

  • Parking: 2 Spaces

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Radiant
  • Cooling: None

School Info

Assigned Schools Information:

  • Negaunee High School, Public District Grades 9-12
  • Negaunee Middle School, Public District Grades 5-8
  • Lakeview School, Public District Grades PK-4

School District Information:

  • School District: Negaunee Public Schools

Other

Directions Information:

  • Directions: South on M35 to Palmer, East (Left) on Richmond Rd, Home on the Right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $83,500
  • Price Per SqFt: $70/SqFt

Agent Commission:

  • Buyer's Agent Commission: 3%

Tax Information:

  • Annual Amount: $745
  • Tax Year: 2019
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MLS Details

MLS Information:

  • MLS Name: Upper Peninsula Assoc of Realtors
  • MLS Number: #50110569

Listing Office:

  • Office Name: RE/MAX 1ST REALTY
  • Office Phone: (906) 225-1136
  • Listing Agent: FRAN SEVEGNEY

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 MiRealSource.

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.

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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/10/2024, 2:20:36 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 - $23,600
2020 - $20,750
2019$745$20,600
2018$729$18,850
2017$721$19,900

History based on county public records data.

Payment Calculator

$484

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$317

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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.

Elementary School

school-card-donut-9635573
6
/10

  • Lakeview School

  • 200 Croix St

  • 5.10 miles

  • Public District Grades PK-4

Middle School

school-card-donut-9635574
7
/10

  • Negaunee Middle School

  • 102 W Case St

  • 4.37 miles

  • Public District Grades 5-8

High School

school-card-donut-9635575
7
/10

  • Negaunee High School

  • 500 W Arch St

  • 4.69 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,902. Residents of Marquette County, MI typically earn between $35k-100k each year. Typical family type is married, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Marquette County›Richmond Township›49871›111 Richmond Rd

This home is located at 111 Richmond Rd in Palmer, MI and zip code 49871. This 1,194 square foot home, which was built in 1930, sits on a 0.18 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 31, 2023 and is currently priced at $83,500.

Between March 2024 and April 2024, Marquette County, MI real estate market has seen increase in the number of listings by 111.1%. While the average time on the market in April 2024 was 51 days, the median list price was $214,400.

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

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