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1306 West Ave
Marquette, MI 49855
$415,000
Conventional
Property
Bedroom
4
Bathroom
2
Property Type
Conventional
Square ft
1394
Property Description
Check out this 100% turnkey home in the heart of Marquette! This fantastic bi-level home is perfectly situated on a corner lot offering both privacy and convenience. Upon entering the home you will notice this isn’t your typical bi-level home, there is plenty of entryway room floor space, and a huge coat closet. There are 4 bedrooms and 2 bathrooms in the spacious 2194 sq ft layout. Throughout the upper level are freshly painted walls, beautiful hardwood and ceramic floors, and solid maple trim and doors throughout. The main living space has an open and bright living room, dining room, kitchen, 2 large & deep hallway closets for storage, 3 bedrooms and a bathroom. The living room is spacious and full of natural light from the bay window, there is also an AC vent that you can use with a portable AC unit. The kitchen has $30,000 solid maple cabinets, custom poured concrete countertops, a stainless gas stove and a newer dishwasher along with a stainless fridge. Connected to the dining room is a 2 tiered deck out to the fenced backyard. The master bedroom offers lots of storage with 2 huge closets, big corner windows and newer carpet. The second bedroom has a large walk-in closet, and the third bedroom upstairs has great solid wood built-ins. All the bedrooms have ceiling fans and custom designed window treatments. The lower level has an additional legal bedroom and a beautifully designed bathroom with a rain head shower and a large sauna. The ceramic floors in the basement have custom lake superior stone and agate inlay. This home has so much storage space! The attached 2 car garage with new garage door cables offers so much room for vehicles and has a workshop area. There is an outdoor storage shed and deck that is ready for outdoor entertaining. The yard has been well maintained and is beautifully landscaped with many sustaining perennials. The seller also had a professional come out and remove branches and limbs from the mature maples in the yard. The home is located near the high school, NMU campus, and the vibrant downtown Marquette area, this turnkey home is ready to WELCOME you! Upgrades include a new boiler and updated plumbing that cost over 7k. Brand new Whirlpool washer and dryer set. New paint throughout the whole house. All the trim and fascia board has been recently sanded and repainted. Don't miss out on making this house your forever home! Any and all offers must be submitted no later than 2pm on March 21st with response the following day.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1969
MLS Number
50135555
Location
Address
1306 West Ave
City
Marquette
State
MI
Zip Code
49855
County
MARQUETTE
Listing
Provider
Select Realty, original listing
Name
Select Realty
Phone
(906) 228-2772
Office Name
SELECT REALTY
Office Phone
(906) 228-2772
Agent Name
ELISE CROSSMAN

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.