NOT LISTED FOR SALE

508 Prospect St Munising, MI 49862

Estimated Value: $147,000 - $226,000

3 Beds
3 Baths
1,380 Sq Ft
$140/Sq Ft Est. Value

Last Sold November 13, 2024

Last sale price $197,000 $143 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $1,080/month

21 Days on Market

Highlights

  • Sauna
  • 1 Car Attached Garage
  • Patio
  • Traditional Architecture
  • Walk-In Closet
  • Fireplace in Basement

About This Home

As of November 2024

Discover the perfect blend of convenience and comfort in this spacious home, nestled within the heart of the town of Munising yet boasting the tranquility of a country retreat. This property offers an expansive back yard spread across three city lots, complete with a cozy patio and firepit for those starlit gatherings. Apple & pear trees are a treat! The gravel drive accommodates your camper or outdoor toys, while a handy storage building keeps your essentials organized. Inside, the home features three bedrooms, a full bath, and two half baths, ensuring ample space for both privacy and entertainment. The front patio invites you into a warm living space, flowing seamlessly into a well-appointed kitchen and dining area. Ascend to the upper level where a large bedroom awaits, complete with a sitting area, bathroom, built-in dresser, and abundant closet space. The lower level reveals a possible family room anchored by a wood fireplace, alongside a half bath, sauna, laundry, and extensive storage. For added convenience, the basement provides direct access to the garage, making every return home a breeze. This residence is a rare find, offering the space and amenities of a rural haven with the perks of city living.

Last Agent to Sell the Property

Amy Schieding

RE/MAX SUPERIORLAND License #UPAR-6502376536 Listed on: 09/12/2024

RE/MAX SUPERIORLAND

Last Buyer's Agent

Amy Schieding

RE/MAX SUPERIORLAND License #UPAR-6502376536 Listed on: 09/12/2024

RE/MAX SUPERIORLAND

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 50x276
  • Garden

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Sauna
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Outdoor Features

  • Patio
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 02-051-190-125-00 & 190-136-00

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type: Residential
  • Type Of Property: Single Family
  • Architecture Style: Traditional
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 1583.02
  • Total Tax Year: 2024
  • Year Built: 1940
  • Mail City: Munising
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Walk-In Closet, Spa/Sauna
  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: Basement Fireplace, Wood Burning
  • Basement: Yes
  • Basement: Full, Partially Finished
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 9 x 11
  • Bedroom 2: On 1st Floor, Dimensions: 9 x 11
  • Bedroom 3: On 2nd Floor, Dimensions: 18 x 11
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Bathroom 1: Dimensions: 6 x 7, On Level: First
  • Dining Room: On 1st Floor, Dimensions: 12 x 8
  • Family Room: In Basement, Dimensions: 18 x 13
  • Kitchen: On 1st Floor, Dimensions: 10 x 8
  • Laundry: In Basement, Dimensions: 10 x 8
  • Living Room: On 1st Floor, Dimensions: 18 x 11
  • Below Grade Sq Ft: 806
  • Finished Below Grade Sq Ft: 239
  • Above Grade Finished Sq Ft: 1141
  • Total Finished Sq Ft: 1380
  • Half Bathrooms: 2

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Patio, Garden Area
  • Foundation: Basement
  • Frontage: 50
  • Road: City/County, Paved Street, Year Round
  • Out Buildings: Shed
  • Frontage Type: Road

Garage/Parking

  • Garage: Attached Garage, Basement Access
  • Garage Spaces: 1
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s)

Lot Info

  • Assessor Parcel Number: 02-051-190-125-00 & 190-136-00
  • Zoning: Residential
  • Lot Dimensions: 50x276
  • Acreage: 0.3
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2024, Amount: $1,360.68
  • Winter Tax: Year: 2024, Amount: $222.34
  • Total Tax: Year: 2024, Amount: $1,583.02

MLS Schools

  • School District: Munising Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2024
Closed on
Nov 13, 2024
Sold by
Howard Diane Lynn
Bought by
Vitale Anthony James
Seller's Agent
Amy Schieding
RE/MAX SUPERIORLAND
Buyer's Agent
Amy Schieding
RE/MAX SUPERIORLAND
List Price
$197,000
Sold Price
$197,000
Views
49
Current Estimated Value
$162,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,695
Avg. Annual Appreciation
-1.55%
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Vitale Anthony James $197,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2024 11/13/24 Sold $197,000 0.0% $143 / Sq Ft
09/12/2024 09/12/24 For Sale $197,000 -- $143 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $2,766 $52,200 $0 $0
2024 $1,348 $46,400 $0 $0
2023 $1,296 $42,800 $0 $0
2022 $1,160 $39,700 $0 $0
2021 $1,331 $39,700 $0 $0
2020 $1,303 $37,100 $0 $0
2019 $1,269 $34,800 $0 $0
2018 $1,232 $34,100 $0 $0
2017 $1,115 $32,800 $0 $0
2016 $1,108 $32,800 $0 $0
2015 $1,144 $30,500 $0 $0
2014 $1,144 $30,500 $0 $0
2013 $1,128 $30,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50155230

Upper Peninsula Association of REALTORS®

APN: 02-051-190-125-00