NOT LISTED FOR SALE

312 Elm Ave Munising, MI 49862

Estimated Value: $286,000 - $334,189

Studio
-- Bath
5,876 Sq Ft
$54/Sq Ft Est. Value

Last Sold April 27, 2021

Last sale price $256,000 $44 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,077/month

562 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • Hot Water Heating System
  • 2 Car Detached Garage
  • Porch
  • Laundry Facilities

About This Home

As of April 2021

AWESOME INVESTMENT OPPORTUNITY!!! This large beautiful apartment complex in down town Munising has lots to offer. 1st floor apartment consists of large living and dining room, 3 bedrooms, 2 baths, updated kitchen, fireplace, hardwood floors, front and back porch; 2nd floor has 2 one bedroom apartments each having spacious living rooms, hardwood flooring and appliances; 3rd floor apartment has 1 bedroom, living room, kitchen-dining area and full bath. New furnace installed June 2019. There is a 2 car detached garage with access and parking off the city maintained year round alley at the back of the property. Lots of potential uses for this property under the transitional zoning.

Last Agent to Sell the Property

JoAnn Carlson

BIG C REALTY-M License #UPAR Listed on: 06/26/2019

Last Buyer's Agent

KIM CROMELL

PICTURED ROCKS REAL ESTATE License #UPAR

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 71x141

Parking

  • 2 Car Detached Garage

Interior Spaces

  • Fireplace
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Dishwasher

Outdoor Features

  • Porch

Utilities

  • Hot Water Heating System
  • Internet Available

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 02-051-360-015-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

9,583 Sq Ft Lot

Listing Details

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

Interior Features

  • Interior Amenities: Cable/Internet Avail., Hardwood Floors
  • Appliances: Dishwasher
  • Fireplace: Yes
  • Basement: Yes
  • Basement Type: Full

Exterior Features

  • Exterior Features: Porch
  • Roads: City/County

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 2
  • Parking: 3 Or More Spaces, Garage

Utilities

  • Water: Public Water
  • Fuel Type: Electric, Natural Gas
  • Heating System: Hot Water
  • Sewer/Septic System: Public Sanitary

Condo/Co-op/Association

  • Community Amenities: Laundry Facility

Lot Info

  • Assessor Parcel Number: 02-051-360-015-00
  • Lot Dimensions: 71x141
  • Acreage: 0.22
  • Geo Subdivision: MI

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Munising Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2019
Closed on
Apr 27, 2021
Sold by
Hiawatha Dev Llc
Bought by
Callison Melissa A
Seller's Agent
JoAnn Carlson
BIG C REALTY-M
Buyer's Agent
KIM CROMELL
PICTURED ROCKS REAL ESTATE
List Price
$248,900
Sold Price
$256,000
Premium/Discount to List
$7,100
2.85%
Current Estimated Value
$317,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,547
Avg. Annual Appreciation
4.53%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Callison Melissa A $256,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/27/2021 04/27/21 Sold $256,000 +2.9% $44 / Sq Ft
01/08/2021 01/08/21 Pending -- -- --
06/26/2019 06/26/19 For Sale $248,900 +46.4% $42 / Sq Ft
05/02/2016 05/02/16 Sold $170,000 -5.0% $29 / Sq Ft View Prior Sale
02/16/2016 02/16/16 Pending -- -- --
08/19/2015 08/19/15 For Sale $179,000 -- $30 / 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 $5,355 $151,400 $0 $0
2024 $5,211 $131,000 $0 $0
2023 $5,008 $120,800 $0 $0
2022 $4,507 $105,800 $0 $0
2021 $4,134 $105,800 $0 $0
2020 $4,993 $100,900 $0 $0
2019 $4,876 $91,900 $0 $0
2018 $4,743 $82,700 $0 $0
2017 $4,491 $68,600 $0 $0
2016 $3,109 $68,600 $0 $0
2015 $3,257 $69,900 $0 $0
2014 $3,257 $69,900 $0 $0
2013 $3,220 $69,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    JoAnn Carlson

    BIG C REALTY-M

    (906) 387-2437

    85 Total Sales

    JoAnn Carlson
    Section Image

  • K

    Buyer's Agent in 2021

    KIM CROMELL

    PICTURED ROCKS REAL ESTATE

    (906) 387-3074

    82 Total Sales

    KIM CROMELL
    Section Image
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10072253

Upper Peninsula Association of REALTORS®

APN: 05136001500

Michigan Alger County Munising 49862

312 Elm Ave, Munising, MI

Not Listed for Sale

MultiFamily

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