NOT LISTED FOR SALE

819 W Superior St Munising, MI 49862

Estimated Value: $124,000 - $213,728

3 Beds
3 Baths
1,764 Sq Ft
$84/Sq Ft Est. Value

Last Sold March 07, 2023

Last sale price $180,000 $102 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $923/month

16 Days on Market

About This Home

As of March 2023

With everything that is going on in the world today, investing in real estate has become more popular than ever. This property can give you a small chunk of your retirement money without having to break the bank. Enjoy owning/living in the City of Munising, yet only minutes away from Pictured Rocks, Lake Superior and everything the area has to offer. With this professional remodel done already you can start earning passive income right away. Both units are already rented with month to month tenants. The seller has put new roof, windows, siding, boiler, pex, appliances, kitchen appliances, cabinets, flooring, bathrooms and doors. You can't go wrong with this property!

Last Agent to Sell the Property

Stacey Masters

RE/MAX SUPERIORLAND License #UPAR Listed on: 01/16/2023

RE/MAX SUPERIORLAND

Last Buyer's Agent

Stacey Masters

RE/MAX SUPERIORLAND License #UPAR Listed on: 01/16/2023

RE/MAX SUPERIORLAND

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x142

Interior Spaces

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Hot Water Heating System
  • Separate Meters
  • Internet Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 02-051-160-005-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 1718.21
  • Total Tax Year: 2022
  • Year Built: 1950
  • Mail City: Munising
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Basement: Yes
  • Basement Type: Full
  • Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3

Exterior Features

  • Frontage: 50
  • Foundation Type: Basement
  • Roads: City/County

Utilities

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

Lot Info

  • Assessor Parcel Number: 02-051-160-005-00
  • Lot Dimensions: 50x142
  • Acreage: 0.16
  • Geo Subdivision: MI

Rental Info

  • Lease Information: Month-To-Month

Tax Info

  • Summer Tax: Year: 2022, Amount: $1,273.30
  • Winter Tax: Year: 2022, Amount: $444.91
  • Total Tax: Year: 2022, Amount: $1,718.21

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Munising Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2023
Closed on
Mar 3, 2023
Sold by
Trim Adrienne M
Bought by
Michaud Katye
Seller's Agent
Stacey Masters
RE/MAX SUPERIORLAND
Buyer's Agent
Stacey Masters
RE/MAX SUPERIORLAND
List Price
$199,000
Sold Price
$180,000
Premium/Discount to List
-$19,000
-9.55%
Current Estimated Value
$148,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,818
Avg. Annual Appreciation
-6.51%
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
Michaud Katye $180,000 --
Trim Randy $17,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/07/2023 03/07/23 Sold $180,000 -9.5% $102 / Sq Ft
01/16/2023 01/16/23 For Sale $199,000 +565.6% $113 / Sq Ft
10/04/2018 10/04/18 Sold $29,900 -36.4% $17 / Sq Ft View Prior Sale
09/19/2018 09/19/18 Pending -- -- --
06/30/2017 06/30/17 For Sale $47,000 +176.5% $27 / Sq Ft
07/15/2013 07/15/13 Sold $17,000 -49.8% $9 / Sq Ft View Prior Sale
05/24/2013 05/24/13 Pending -- -- --
03/08/2010 03/08/10 For Sale $33,850 -- $18 / 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 $1,829 $39,900 $0 $0
2024 $1,779 $34,600 $0 $0
2023 $1,405 $32,100 $0 $0
2022 $1,273 $30,400 $0 $0
2021 $1,675 $30,400 $0 $0
2020 $1,643 $29,900 $0 $0
2019 $1,604 $27,900 $0 $0
2018 $1,598 $27,400 $0 $0
2017 $1,488 $27,500 $0 $0
2016 $1,496 $27,500 $0 $0
2015 $1,559 $28,000 $0 $0
2014 $1,559 $28,000 $0 $0
2013 $1,522 $28,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50099532

Upper Peninsula Association of REALTORS®

APN: 02-051-160-005-00