5 months on rocket

410 E Ridge St, Marquette, MI, 49855

$1,690,000

Home List Price

$10,000*

Closing Credit

12 Bedrooms
10 Full Baths
8,640 SqFt
$196/SqFt
Multi
Schools Nearby

Location

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410 E Ridge St, Marquette$1,690,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking3 or More Spaces, Paved Driveway, Unassigned/General
Garage2 spaces
Year Built1883
HeatingBaseboard, Steam, Electric, Hot Water, Other, Radiant, Zoned
BasementYes
WaterfrontWaterfront
FireplaceDecorative Fireplace, Insert, Natural Fireplace, Wood Burning
ViewWater
MLS #50127675
Lot Size0.90 Acres
StatusActive

About 410 E Ridge St

One of Marquette's finest 19th Century homes, built for the Daniel H. Merritt Family. Mr. Merritt was a pioneer industrialist of Michigan's Upper Peninsula and this home mirrors his successful career. Originally built as a single family home, it later evolved into 10 amazing apartments. You will be only the fourth owner. Various records show the home being built between 1880-1886. Described as Italianate in design with Second Empire overtones. Built with locally quarried sandstone having gorgeous hues of maroon and fawn colored swirls. I love to imagine all of the craftsmen that built this jewel. The interior is equally fabulous. You will appreciate the extensive walnut and cherry woods. How many homes have an observatory and ornamental ironwork? Ornate balusters and newel posts, hardwood mosaic floors, molded trim and corner blocks, and brass hardware. The current owners want someone who will appreciate this special home and continue caring for it! They have a deep love of the building, family and long-time tenants. The backyard goes down the ridge to Lakeshore Blvd. There were two other structures there long ago. The tax ID shows zoning as multi family; you could return it to a splendid single family, change the floor plans and units, and live there too. The frontage on Lakeshore show MDW District on Marquette City maps; rare possibilites. Don't do anything, and be assured of nothing being built to destroy this view of the Lower Harbor & Lake Superior, or add to it. What about an infinity edge pool, tennis, or a glass home that continues down the bluff? Maybe add to your community - seller has older plans to develop along Lakeshore Blvd. The lot is just shy of 1 acre, has parking for 20 vehicles, and a 2.5 car detached garage. One thing for sure, we cannot make more land or locations like this one! Maybe you want to start fresh and have been waiting for an opportunity just like this. Is this your vacation spot, investment, family compound? Check out the city events calendar and see all that happens in the Lower Harbor each year. This is a very active Arts community. Is this you? Grab a slip at the marina; you can see your vessel from your house! Walkable to shopping, cafes, live theater, brewpubs, library, parks, and many restaurants. Do you know about our trail systems? You can use them all year. Calling all walkers, bikers, sailors, and extreme athletes! Still, the nostalgia exists on East Ridge Street. Talk about fun neighbors too. I can personally tell you that you're in great company! You will want to decorate your home for the Holidays! You will have deer in your city yard - a really Big Buck frequents the ridge. Who needs TV? You have the best views out most windows. You undeniably have THE BEST covered verandas in the entire city. 410 E Ridge St. has been particularly well taken care of and preserved by the owners. It's among the most architecturally significant homes in Marquette.

Property Details

Property Features

Property Information:

  • Year Built: 1883
  • Living Area: 8,640 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Range, Oven, Refrigerator, Washer
  • Basement: Yes
  • Interior: 9 ft + Ceilings, Bay Window, Cable/Internet Avail., Hardwood Floors
  • Fireplace: Decorative Fireplace, Insert, Natural Fireplace, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 10
  • Total Bedroom Count: 12

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • View: Water

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: 3 or More Spaces, Paved Driveway, Unassigned/General

Lot Features

Lot Information:

  • Lot: Cleared, Wooded
  • Lot Size: 0.90 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Steam, Electric, Hot Water, Other, Radiant, Zoned

School Info

Assigned Schools Information:

  • Sandy Knoll School, Public District Grades PK-8
  • Bothwell Middle School, Public District Grades 4-8

School District Information:

  • School District: Marquette Area School District

Other

Directions Information:

  • Directions: Front Street to Ridge Street, turn onto East Ridge St. Property extends down the ridge in back of home onto Lakeshore Blvd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,690,000
  • Price Per SqFt: $196/SqFt

Agent Commission:

  • Buyer's Agent Commission: 3%
  • Seller's Agent Commission: 3%

Tax Information:

  • Annual Amount: $13,469
  • Tax Year: 2021
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Housing Market Comparison

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

Med. List Price

$349.9K

Med. Price/SqFt

$225

Avg. Days On Market

38

# of Sold Homes

3

410 E Ridge St vs Marquette

171 DAYS ON ROCKET

+133 Days

$1,690,000

+$1.3M More

$196/SqFt

-$29 Less

KEY TAKEAWAY

This property is $1.3M more than the Median List Price and $29/SqFt less than other homes in Marquette, MI.

Based on homes listed in April 2024

MLS Details

MLS Information:

  • MLS Name: Upper Peninsula Assoc of Realtors
  • MLS Number: #50127675

Listing Office:

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

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: 5/3/2024, 12:20:39 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$13,469$380,800
2020$12,927$387,202
2019$558$330,600
2018$12,537$355,400
2017$12,492$338,900

History based on county public records data.

Payment Calculator

$8,502

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,133

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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.

Middle School

school-card-donut-5087939
6
/10
  • Sandy Knoll School

  • 401 N 6th St

  • 0.15 miles

  • Public District Grades PK-8

school-card-donut-5087940
7
/10
  • Bothwell Middle School

  • 1200 Tierney St

  • 1.01 miles

  • Public District Grades 4-8

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,000. Residents of Marquette, MI typically earn less than $35k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesMichiganMarquette CountyMarquette49855410 E Ridge St

This home is located at 410 E Ridge St in Marquette, MI and zip code 49855. This 8,640 square foot home, which was built in 1883, sits on a 0.90 acre lot. Features: 12 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since November 13, 2023 and is currently priced at $1,690,000.

In April 2024 in Marquette, MI there were 160% more homes for sale than in March 2024. While the average time on the market in April 2024 was 38 days, the median list price was $349,950.

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

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