NOT LISTED FOR SALE

110 Birch St Munising, MI 49862

Estimated Value: $185,000 - $322,991

Studio
1 Bath
1,856 Sq Ft
$138/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $265,000 $143 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,626/month

14 Days on Market

Highlights

  • 1 Car Detached Garage
  • Laundry Facilities
  • 2-minute walk to Pictured Rocks National Lakeshore
  • Forced Air Heating and Cooling System

About This Home

As of September 2021

Get ready for your next adventure into this turnkey-investment property! Zoned with a permanent variance for short-term rental use this property will always have the flexibility to use as you choose for your investment. With a 4 year trend of increased revenue these sellers have continued to invest back into the building and have made multiple updates some of which include New high efficiency HVAC Central Air/Heating Furnace with Ecobee Smart Balancing Thermostat, Natural Gas Hot Water Tank, 200 Amp Breaker Panel, New Roof on garage and Back of building. These 3 rentals have their own themes with included decor and names our guests remember and love to revisit every year! Located downtown and walking distance to all the local tourist attractions and eateries. Don't miss out on this unique and cute as a button property!

Last Agent to Sell the Property

Melinda Strand-Savola

PICTURED ROCKS REAL ESTATE License #UPAR Listed on: 06/11/2021

Last Buyer's Agent

Melinda Strand-Savola

PICTURED ROCKS REAL ESTATE License #UPAR Listed on: 06/11/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 34x100

Parking

  • 1 Car Detached Garage

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Disposal

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 02-051-253-017-50

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1900
  • Mail City: Munising
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Disposal
  • Basement: Yes
  • Basement Type: Full

Exterior Features

  • Lake Name: Lake Superior
  • Roads: City/County, Year Round

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 1
  • Parking: 3 Or More Spaces, Garage

Utilities

  • Water: Public Water
  • Cooling System: Central A/C
  • Fuel Type: Electric, Natural Gas
  • Heating System: Forced Air
  • Sewer/Septic System: Public Sanitary

Condo/Co-op/Association

  • Community Amenities: Laundry Facility

Lot Info

  • Assessor Parcel Number: 02-051-253-017-50
  • Lot Dimensions: 34x100
  • Acreage: 0.08
  • Geo Subdivision: MI

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Munising Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Sep 3, 2021
Sold by
Latvala Mary Jo
Bought by
Mencel David C and Mencel Julie L
Seller's Agent
Melinda Strand-Savola
PICTURED ROCKS REAL ESTATE
Buyer's Agent
Melinda Strand-Savola
PICTURED ROCKS REAL ESTATE
List Price
$279,000
Sold Price
$265,000
Premium/Discount to List
-$14,000
-5.02%
Current Estimated Value
$255,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,752
Avg. Annual Appreciation
-0.83%

Purchase Details

Listed on
Oct 25, 2016
Closed on
May 31, 2017
Bought by
Latvala Mary Jo
Seller's Agent
Amy Schieding
RE/MAX SUPERIORLAND
Buyer's Agent
Stephen Nebel
RE/MAX SUPERIORLAND
List Price
$89,900
Sold Price
$80,000
Premium/Discount to List
-$9,900
-11.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.47%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Mencel David C $265,000 --
Latvala Mary Jo $66,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/03/2021 09/03/21 Sold $265,000 -5.0% $143 / Sq Ft
06/25/2021 06/25/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $279,000 +248.8% $150 / Sq Ft
05/31/2017 05/31/17 Sold $80,000 -11.0% $43 / Sq Ft View Prior Sale
04/13/2017 04/13/17 Pending -- -- --
10/25/2016 10/25/16 For Sale $89,900 -- $48 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,775 $91,900 $0 $0
2024 $3,672 $81,300 $0 $0
2023 $3,525 $74,700 $0 $0
2022 $3,194 $46,600 $0 $0
2021 $2,213 $46,600 $0 $0
2020 $2,171 $43,600 $0 $0
2019 $2,120 $40,900 $0 $0
2018 $2,062 $36,100 $0 $0
2017 $1,859 $35,600 $0 $0
2016 $1,846 $35,600 $0 $0
2015 $1,854 $36,300 $0 $0
2014 $1,854 $33,300 $0 $0
2013 $1,837 $33,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10072528

Upper Peninsula Association of REALTORS®

APN: 02-051-253-017-50

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