NOT LISTED FOR SALE

512 Prospect St Munising, MI 49862

Estimated Value: $102,000 - $222,000

3 Beds
1 Bath
998 Sq Ft
$162/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $43,000 $43 Per Sq Ft

Est. 277% increase in value since last sale

Current estimated payment $933/month

9 Days on Market

Highlights

  • Main Floor Bedroom
  • Bathroom on Main Level
  • Hot Water Heating System
  • 2 Car Detached Garage

About This Home

As of March 2022

Great location! This home is centrally located in the city of Munising and only a few blocks from shopping, dining and many professional services. The home has a great floor plan with 3 bedrooms, 1 bath, a dining area, full basement and an awesome 2 car detached garage. The home does need work. Sold as is.

Last Agent to Sell the Property

Kellie Hillier-Genschaw

RE/MAX 1ST REALTY License #UPAR Listed on: 03/02/2022

RE/MAX 1ST REALTY

Last Buyer's Agent

Dave Wood

RE/MAX SUPERIORLAND License #UPAR-6501441030

RE/MAX SUPERIORLAND

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1939

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x130

Parking

  • 2 Car Detached Garage

Home Design

  • Masonite

Interior Spaces

  • 998 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 051-190-125-50

Home Details

Home Type

Single Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 1 1/2 Story
  • Year Built: 1939
  • Mail City: Munising
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Basement: Yes
  • Basement: Full
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 12 x 12
  • Bedroom 2: On 2nd Floor, Dimensions: 11 x 10
  • Bedroom 3: On 2nd Floor, Dimensions: 10 x 9
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: First
  • Room Types: First Floor Bedroom, First Flr Full Bathroom
  • Breakfast Nook: On 1st Floor, Dimensions: 11 x 13
  • Kitchen: On 1st Floor, Dimensions: 14 x 12
  • Living Room: On 1st Floor, Dimensions: 12 x 13
  • Below Grade Sq Ft: 672
  • Above Grade Finished Sq Ft: 998
  • Total Finished Sq Ft: 998

Exterior Features

  • Exterior: Masonite
  • Foundation: Basement
  • Road: City/County

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Hot Water
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 051-190-125-50
  • Lot Dimensions: 50x130
  • Acreage: 0.14
  • Geo Subdivision: MI

MLS Schools

  • School District: Munising Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2022
Closed on
Mar 30, 2022
Sold by
Reo Trust
Bought by
Mullowney Gene R
Seller's Agent
Kellie Hillier-Genschaw
RE/MAX 1ST REALTY
Buyer's Agent
Dave Wood
RE/MAX SUPERIORLAND
List Price
$34,500
Sold Price
$43,000
Premium/Discount to List
$8,500
24.64%
Current Estimated Value
$162,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,000
Avg. Annual Appreciation
41.39%
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
Mullowney Gene R $43,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2022 03/31/22 Sold $43,000 +24.6% $43 / Sq Ft
03/11/2022 03/11/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $34,500 -- $35 / 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 $1,091 $23,800 $0 $0
2024 $1,061 $39,500 $0 $0
2023 $1,775 $36,600 $0 $0
2022 $1,086 $32,500 $0 $0
2021 $981 $32,500 $0 $0
2020 $960 $30,500 $0 $0
2019 $936 $28,700 $0 $0
2018 $908 $28,300 $0 $0
2017 $822 $27,200 $0 $0
2016 $817 $27,200 $0 $0
2015 $830 $27,700 $0 $0
2014 $830 $27,700 $0 $0
2013 $806 $27,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dave Wood

    Buyer's Agent in 2022

    Dave Wood

    RE/MAX SUPERIORLAND

    (906) 202-9959

    67 Total Sales

    Dave Wood
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10072960

Upper Peninsula Association of REALTORS®

APN: 02-051-190-125-50

Michigan Alger County Munising 49862

512 Prospect St, Munising, MI

Not Listed for Sale

Detached

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