515 Prospect St Munising, MI 49862
Estimated payment $597/month
Highlights
- Traditional Architecture
- Ceiling Fan
- Space Heater
- Detached Garage
About This Home
Located on a spacious 2.5-lot parcel in downtown Munising, this 3-bedroom, 2-bath home offers comfort, convenience, and room to grow. Enjoy a new roof (2024), newer washer and dryer, and an oversized garage tucked into the generous side yard—perfect for storage, parking, or projects. Just steps from shops, dining, and Lake Superior, this property is a rare blend of space, location, and long-term potential.
Home Details
Home Type
- Single Family
Year Built
- Built in 1940
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 99x130
Parking
- Detached Garage
Home Design
- Traditional Architecture
Interior Spaces
- 1,076 Sq Ft Home
- 1.5-Story Property
- Ceiling Fan
- Crawl Space
- Oven or Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Space Heater
- Heating System Uses Natural Gas
- Gas Water Heater
Community Details
- Island View Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 02-051-190-092-00
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,816 | $49,800 | $0 | $0 |
| 2024 | $1,767 | $44,300 | $0 | $0 |
| 2023 | $1,522 | $41,000 | $0 | $0 |
| 2022 | $1,380 | $38,100 | $0 | $0 |
| 2021 | $1,815 | $38,100 | $0 | $0 |
| 2020 | $1,780 | $35,700 | $0 | $0 |
| 2019 | $1,738 | $33,700 | $0 | $0 |
| 2018 | $1,691 | $30,600 | $0 | $0 |
| 2017 | $1,570 | $29,000 | $0 | $0 |
| 2016 | $1,559 | $29,000 | $0 | $0 |
| 2015 | $1,041 | $24,700 | $0 | $0 |
| 2014 | $1,041 | $19,800 | $0 | $0 |
| 2013 | $1,015 | $20,200 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/15/2025 10/15/25 | Price Changed | $85,000 | -10.5% | $79 / Sq Ft |
| 09/05/2025 09/05/25 | For Sale | $95,000 | -- | $88 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $95,000 | -- |
Source: Upper Peninsula Association of REALTORS®
MLS Number: 50187470
APN: 02-051-190-092-00
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