Check Availability

725 East Prospect Street

725 East Prospect Street, Marshall, MI 49068
Property in Marshall
Sold Jul 30, 2015
$161,500
$27,242 by Michigan State University Fcu
Mortgage
Sold Jul 18, 2008
$137,500
$128,500 by Marshall Community Cu
Mortgage Due Aug 01, 2038
725 East Prospect Street has been categorized by the local assessors in Marshall, MI as a residential type of property. The building on the property was first built in 1890 and is 134 years old. The home has a total of 4 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. In addition, 725 East Prospect Street has 1,571 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 5,050 ft and across the front of the lot is 1,291 ft. The area measurement of the land has been determined as 33,323 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 640 sqft. According to our sources, there are a total of 2 available parking spaces. In terms of heating, it is utilizing a hot water heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jun 1, 2015 for $161,500. That's $102.80 per sqft. Prior to that sales transaction, the property was also sold in Jul 7, 2008 for $137,500. 725 East Prospect Street was last assessed in 2023. The total value of the property was assessed at $91,500. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,013. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Basement Type: Unspecified basement
  • Basement Area: 938
  • Garage Type: Garage
  • Garage Square Area: 640
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 33,323
  • Lot Size Depth Feet: 5,050
  • Lot Size Frontage Feet: 1,291
  • Total Building Area: 1,571
  • Building Area: 1,571
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,571
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUPERVISORS PLAT OF UPPER VILLAGE ANNEX
  • Land Acres: 0.765
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MARSHALL CITY, SUPERVISORS PLAT UPPER VILLAGE ANNEX W 4 RDS LOT 37

Ownership

  • Current Owner : SMITH RONALD
  • Current Owner 2: CONELLY CORTNEY
  • Previous Owner : HARRINGTON MICHELLE L
  • Previous Owner 2: TOMSON JEFFREY
  • Owner Before Previous Owner: LOUNDS MICHAEL S
  • Owner Before Previous Owner 2: LOUNDS PEPPER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Marshall Public Schools
  • School Tax School District: MARSHALL
  • Census Tract: 003900

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: WHPA
  • District: 53
  • Parcel: 53-001-937-00
  • Lot: 37
  • Municipality: MARSHALL CITY
  • Latitude: 42.2744
  • Longitude: -84.9505

    Address

  • Full Address: 725 E Prospect St
  • Address - House Number: 725
  • Street Direction: E
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: MI
  • City Name: Marshall
  • Carrier Code: C004
  • 4-Digit Zip Code: 1250
  • Zip Code: 49068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,013

    Appraisal Valuation

  • Standard Deviation: 0.2763
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 60
  • Final Value: 243,448
  • High Value: 310,714
  • Low Value: 176,182

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $27,242
  • First Open Lien Mortgage Lender: MICHIGAN STATE UNIVERSITY FCU
  • First Open Lien Mortgage Recording Date: May 27, 2021
  • First Open Lien Mortgage Loan Amount: $27,242
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $183,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $91,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 01, 2015
  • Current Sale Recording Date: Jul 30, 2015
  • Current Sale Transaction ID: 1353452554
  • Current Sale Price: $161,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 18, 2008
  • Previous Sale Contract Date: Jul 07, 2008
  • Previous Sale Amount: $137,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERIFIRST FINANCIAL CORP
  • First Mortgage Transaction Date: Jul 30, 2015
  • First Mortgage Loan Amount: $158,574
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: MARSHALL COMMUNITY CU
  • Previous Mortgage Transaction Date: Jul 18, 2008
  • Previous Mortgage Loan Amount: $128,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2038

About Marshall



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 312 Crary St, Marshall, MI, 49068

$910 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
312 Crary St #Two Bedroom, Marshall, MI, 49068 Listing by Riverside Apartments
Unit for rent at 406 Fairway Meadows Dr., Marshall, MI, 49068

$1,000 /mo

  • 3 Beds
  • 2 Baths
406 Fairway Meadows Dr. #406 Fairway Meadows Dr., Marshall, MI, 49068 Listing by Manager

Frequently Asked Questions

What neighborhood is 725 East Prospect Street located in?
The 725 East Prospect Street is a located in the neighborhood of Marshall in Marshall, Marshall.
What is the average sales price for listings in 725 East Prospect Street?
The average sales price for units in 725 East Prospect Street is $0 currently.

Quantcast