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Single Family ResidenceResidential
$151,642$122 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 92How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026
Last sold for $93,000 on May 19, 2022

505 NICHOLAS AVE

PALMER, MI 49871
1
Baths
1,240 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.17 ac
Lot SizeThe size of the land the home sits on, from county records.
1960
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$152K
$139K low$164K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$93,000 · May 19, 2022

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,411 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$56,500 (2026)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$52,200
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$113,000

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.25
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
12
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
39
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
61
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
14
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMARQUETTE
Lot (acres)The size of the land the home sits on, from county records.0.17
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Negaunee Middle SchoolA-
Middle · Grades 5–8 · 4.3 mi
H
Negaunee High SchoolB+
High · Grades 9–12 · 4.7 mi
E
Lakeview SchoolB+
Elementary · Grades PK–4 · 5.0 mi

District: Negaunee Public Schools

Neighborhood · ZIP 49871These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.123
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.75
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.12

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.85%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.6.9%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.8.7%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.8%
PopulationHow many people live in this area.1
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.14 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$60,859
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$65,708
Average tempThe average temperature here across a full year.41°F
Annual precipHow much rain and melted snow falls here in a typical year.32 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.45%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

505 Nicholas Ave measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 85% of homes in Marquette County
  • Costs less per square foot than 89% of homes in Marquette County
  • Bigger than 72% of homes in Palmer 49871
  • Has a smaller lot than 95% of homes in Palmer 49871
  • Newer than 93% of homes in Palmer 49871

What homes are worth in Palmer 49871

Each bar is how many homes fall in that price range. The marker is this home.

This home
$56K$205K

This home is worth more than 72% of homes in Palmer 49871.

How it measures up in Palmer 49871

The dot is this home. The mark in the middle is the typical home in Palmer 49871.

Estimated value$151,642
CheaperTypical $137,103Pricier

Pricier than 72% of homes nearby

Price per ft²$122
CheaperTypical $125Pricier

Pricier than 46% of homes nearby

Living area1,240 ft²
SmallerTypical 1,072 ft²Bigger

Bigger than 72% of homes nearby

Lot size0.17 ac
SmallerTypical 0.17 acBigger

Bigger than 5% of homes nearby

Year built1960
OlderTypical 1940Newer

Newer than 93% of homes nearby

How 505 Nicholas Ave ranks against every home in each area.
MeasureThis homePalmer 49871Marquette County
Estimated valuepricier than$151,64272% of homes15% of homes
Price per ft²pricier than$12246% of homes11% of homes
Living areabigger than1,240 ft²72% of homes45% of homes
Lot sizebigger than0.17 ac5% of homes17% of homes
Year builtnewer than196093% of homes46% of homes

About 505 Nicholas Ave

How much is 505 Nicholas Ave, Palmer, MI worth?

The TopHap Estimate for 505 Nicholas Ave, Palmer, MI is $151,642 as of Oct 21, 2026. The likely range is $139,264 to $164,020. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 505 Nicholas Ave, Palmer, MI last sell?

505 Nicholas Ave, Palmer, MI last sold on May 19, 2022 for $93,000, according to the county's recorded deed.

How big is 505 Nicholas Ave, Palmer, MI?

505 Nicholas Ave, Palmer, MI has 1 bathrooms, 1,240 square feet of living space and a 0.17-acre lot.

When was 505 Nicholas Ave, Palmer, MI built?

505 Nicholas Ave, Palmer, MI was built in 1960, making it 66 years old. The building has 1 story.

What schools serve 505 Nicholas Ave, Palmer, MI?

505 Nicholas Ave, Palmer, MI is assigned to Negaunee Middle School (middle), rated A-; Negaunee High School (high), rated B+; Lakeview School (elementary), rated B+. All sit in Negaunee Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 505 Nicholas Ave, Palmer, MI compare to other homes in Palmer 49871?

Among the 178 homes in Palmer 49871, it is worth more than 72% of them ($151,642 against a typical $137,103), its price per square foot is higher than 46% of them ($122 against a typical $125), it is bigger than 72% of them (1,240 ft² against a typical 1,072 ft²), its lot is bigger than 5% of them (0.17 ac against a typical 0.17 ac) and it is newer than 93% of them (1960 against a typical 1940). Measured against all of Marquette County, it is worth more than 15% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 505 Nicholas Ave, Palmer, MI?

The 2025 property tax bill for 505 Nicholas Ave, Palmer, MI was $1,411. The county assessed it at $56,500.

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