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508 Prospect St, Munising, MI, 49862

$197,000

Home List Price

$2,339*

Closing Credit

3 Bedrooms
1 Full Bath, 2 Partial
1,141 SqFt
$173/SqFt
House

Location

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508 Prospect St, Munising$197,000

Buyer Closing Credits

$2,339*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage1 space
Year Built1940
HeatingNatural Gas, Forced Air
CoolingCeiling Fan(s)
BasementYes
WaterfrontNone
FireplaceBasement Fireplace, Wood Burning
ViewNone
MLS #50155230
Lot Size0.30 Acres
StatusActive
(Accepting Backup Offers)

About 508 Prospect St

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.

Property Details

Property Features

Property Information:

  • Year Built: 1940
  • Stories: 1
  • Living Area: 1,141 SqFt

Listing Office:

  • Office Name: RE/MAX SUPERIORLAND
  • Office Phone: (906) 387-4530
  • Listing Agent: AMY SCHIEDING

Interior Features

Interior Information:

  • Appliances: Dryer, Range, Oven, Refrigerator, Washer
  • Basement: Yes
  • Interior: Spa/Sauna, Walk-In Closet
  • Fireplace: Basement Fireplace, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: None
  • Exterior: Garden Area, Patio

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.30 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Munising High and Middle School, Public District Grades 6-12
  • William G. Mather Elementary School, Public District Grades PK-5

School District Information:

  • School District: Munising Public Schools

Other

Directions Information:

  • Directions: M28 towards downtown Munising 2.8 miles, turn Right onto Brook St, turn Right onto Prospect St,property on the Left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $197,000
  • Price Per SqFt: $173/SqFt
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Housing Market Comparison

See how this home compares to others in Munising, MI.

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Munising, MI

City

Med. Sold Price

$217.5K

Med. Price/SqFt

$134

Avg. Days On Market

57

# of Sold Homes

2

508 Prospect St vs Munising

52 DAYS ON ROCKET

-5 Days

$197,000

-$20.5K Less

$173/SqFt

+$39 More

KEY TAKEAWAY

This property is $20.5K less than the Median Sold Price and $39/SqFt more than other homes in Munising, MI.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: Upper Peninsula Assoc of Realtors
  • MLS Number: #50155230

Listing Office:

  • Office Name: RE/MAX SUPERIORLAND
  • Office Phone: (906) 387-4530
  • Listing Agent: AMY SCHIEDING

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 2:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Total Monthly Payment

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1993035
6
/10

  • William G. Mather Elementary School

  • 411 Elm Ave

  • 0.44 miles

  • Public District Grades PK-5

High School

school-card-donut-1993036
5
/10

  • Munising High and Middle School

  • 810 E State Highway M28

  • 1.07 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,136. Most Munising, MI residents have annual incomes less than $35k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 508 Prospect St

What is the listing price of this property?

The listing price of 508 Prospect St property is $197,000.

What type of property is this?

The property 508 Prospect St is a house located in Munising, Michigan, 49862.

Is this property for sale now?

Active Listing: 508 Prospect St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 508 Prospect St are:
William G. Mather Elementary School: GreatSchools Rating 6/10
Munising High and Middle School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 508 Prospect St has 3 bedrooms and 1 full and 2 half bathrooms.

What is the square footage of this property?

The property 508 Prospect St is 1,141 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 508 Prospect St is 1940.

Rocket Homes›Michigan›Alger County›Munising›49862›508 Prospect St

This home is located at 508 Prospect St in Munising, MI and zip code 49862. This 1,141 square foot home, which was built in 1940, sits on a 0.30 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $197,000.

Over 0 listings were sold over their listed price in October 2024 in Munising, MI. In the same period over 2 listings were sold below the listed price and 0 listings were sold for the listed price. Between September 2024 and October 2024, Munising, MI real estate market has seen decrease in the number of listings by 18.5%. In October 2024 median list price was $217,500 and the average listing age was 57 days.

From Rocket Homes Real Estate and based on county public records data.

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