21 days on rocket

518 Lynn St, Munising, MI, 49862

$149,000

Home List Price

$1,769*

Closing Credit

3 Bedrooms
1 Full Bath
935 SqFt
$159/SqFt
House

Location

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518 Lynn St, Munising$149,000

Buyer Closing Credits

$1,769*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking3 or More Spaces
Year Built1945
HeatingNatural Gas, Wall Furnace, Forced Air
CoolingWall/Window Unit(s)
BasementYes
WaterfrontNone
ViewNone
MLS #50158211
Lot Size0.12 Acres
StatusActive

About 518 Lynn St

Refinished home in downtown Munising within walking distance to stores, restaurants and Lake Superior. This 3 bedroom home with a bonus room in the basement has been refinished and has a cozy feel. The seller replaced the roof, windows, doors, insulation and drywall in 2018. The basement has a framed in area for a bathroom to be added. The seller has an up-flush toilet system, toilet shower and pedestal sink that can stay with the home. The upstairs bedroom has a balcony with Lake Superior views perfect for morning coffee or evening cocktails. The home sits on 2 lots and has ample off-road parking. Perfect home for your UP getaways or year round living!

Property Details

Property Features

Property Information:

  • Year Built: 1945
  • Stories: 2
  • Living Area: 935 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Range, Oven, Refrigerator
  • Basement: Yes
  • Interior: None (InteriorFeatures)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: None
  • Exterior: Exterior Balcony, Deck

Parking Information:

  • Parking: 3 or More Spaces

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Wall Furnace, Forced Air
  • Cooling: Wall/Window Unit(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: M-28 to Varnum Street. Travel to the end and home will be on the corner of Lynn Street and Varnum Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $149,000
  • Price Per SqFt: $159/SqFt

Tax Information:

  • Annual Amount: $762
  • Tax Year: 2021
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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

518 Lynn St vs Munising

21 DAYS ON ROCKET

-36 Days

$149,000

-$68.5K Less

$159/SqFt

+$25 More

KEY TAKEAWAY

This property is $68.5K less than the Median Sold Price and $25/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: #50158211

Listing Office:

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

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, 3:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$762$18,900
2020$950$18,300
2019$913$29,200
2018$835$23,100
2017$908$23,800

History based on county public records data.

Payment Calculator

$811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$513

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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-1893743
6
/10

  • William G. Mather Elementary School

  • 411 Elm Ave

  • 0.14 miles

  • Public District Grades PK-5

High School

school-card-donut-1893744
5
/10

  • Munising High and Middle School

  • 810 E State Highway M28

  • 0.59 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. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 518 Lynn St

What is the listing price of this property?

The listing price of 518 Lynn St property is $149,000.

What type of property is this?

The property 518 Lynn St is a house located in Munising, Michigan, 49862.

Is this property for sale now?

Active Listing: 518 Lynn 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 518 Lynn St are:
William G. Mather Elementary School: GreatSchools Rating 6/10
Munising High and Middle School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $762 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 518 Lynn St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 518 Lynn St is 935 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 518 Lynn St is 1945.

Rocket Homes›Michigan›Alger County›Munising›49862›518 Lynn St

This home is located at 518 Lynn St in Munising, MI and zip code 49862. This 935 square foot home, which was built in 1945, sits on a 0.12 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 14, 2024 and is currently priced at $149,000.

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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