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703 Prospect Street

703 Prospect Street, Munising, MI 49862
House in Munising
Sold Apr 14, 2020
$135,000
This has been categorized as a residential property type. In total, the area measurement of the land is 11,305 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 703 Prospect Street sold most recently in Apr 14, 2020 for a total of $135,000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,038 in taxes each year. 703 Prospect Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $60,700. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,305
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BODETTE ADDITION
  • Land Acres: 0.259
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BODETTE ADDITION PT OF LOTS 1,2,3&4 BLK 2, BEG AT SE'LY COR OF BLK 2; TH N65DEG45'34W 38.92' TO POB; TH N65DEG45'34W 103.47';

Ownership

  • Current Owner : SWENSON KEVIN
  • Previous Owner : CHARLTON DAVID J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Munising Public Schools
  • School Tax School District: 02070
  • Census Tract: 000100

Geography

  • District: 051
  • Parcel: 051-052-001-10
  • Block: 2
  • Lot: 1-4
  • Municipality: MUNISING CITY
  • Latitude: 46.4026
  • Longitude: -86.6466

    Address

  • Full Address: 703 Prospect St
  • Address - House Number: 703
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: MI
  • City Name: Munising
  • Carrier Code: C002
  • 4-Digit Zip Code: 1435
  • Zip Code: 49862

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,038

    Appraisal Valuation

  • Standard Deviation: 0.4198
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 16
  • Final Value: 132,992
  • High Value: 188,825
  • Low Value: 77,158

    Market Valuation

  • Market Total Value: $121,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $60,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 14, 2020
  • Current Sale Recording Date: Apr 14, 2020
  • Current Sale Transaction ID: 11874607882
  • Current Sale Price: $135,000
  • Current Sale Document Type: Grant Deed

About Munising



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Frequently Asked Questions

What neighborhood is 703 Prospect Street located in?
The 703 Prospect Street is a house located in the neighborhood of Munising in Munising, Munising.
What is the average sales price for listings in 703 Prospect Street?
The average sales price for units in 703 Prospect Street is $0 currently.

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