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518 Ithaca St, Harrison, MI, 48625

2beds
1baths
725sqft
$89,900
$124price/sqft
$804/moest. monthly cost
$32,160/yrincome needed

About This Home

Don't miss this updated and move-in ready 2-bedroom, 1-bath home in the City of Harrison! Recent improvements include the furnace, custom hickory kitchen, water heater, bathroom, flooring, and more, making this home ready for its next owner. The spacious layout features large rooms, beautiful wood-look tile floors, and convenient laundry hookups in the full bathroom for added comfort. Whether you're looking for a year-round home, vacation retreat, or investment property, this one checks all the boxes. Currently rented on a month-to-month basis, it offers an excellent opportunity to continue earning rental income or move in with flexibility. On a nice lot with fenced back yard and a 8x17 shed, with home located just minutes from Budd Lake and the Little Long Lake boat launches, you'll enjoy quick access to boating, fishing, and all the outdoor recreation Northern Michigan is known for. With shopping, restaurants, parks, and schools nearby, this affordable home is a great opportunity for homeowners and investors alike.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

5/10
Harrison Middle SchoolGrades 6-81.2 mi
5/10

Construction

Materials

  • Foundation: Slab
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range/Oven,Refrigerator,Electric Water Heater
  • Laundry features: Laundry Room

Basement

  • Basement: Crawl Space

Bathroom1

  • Features: Tile
  • Level: Main
  • Area: 100

Bedroom1

  • Features: Tile
  • Level: Main
  • Area: 90

Bedroom2

  • Features: Tile
  • Level: Main
  • Area: 90

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Cathedral/Vaulted Ceiling
  • Finished area below ground: 0
  • Finished area above ground: 725

Heating & Cooling

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

Interior Area

  • Total structure area: 725
  • Total interior livable area: 725 sqft

Kitchen

  • Level: Main
  • Area: 126

Living Room

  • Features: Tile
  • Level: Main
  • Area: 238

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 07031200500
  • Zoning description: Residential
  • Special condition: Private

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Street Lights
  • Fencing: Fenced
  • Waterfront features: All Sports Lake,Lake/River Access,Interior Lake
  • Waterbody name: Budd Lake
  • Frontage type: Road
  • Frontage length: 50

Lot

  • Lot size: 4,791 sqft
  • Features: Subdivision,City Lot
  • Lot size dimensions: 50 x 100

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Winter Weather
    Winter WeatherVery High
  • Lightning
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Strong Wind
Winter Weather
Lightning
Cold Wave
Hail
Tornado

FEMA Declared Disasters in Clare County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $454$5,448
Home Insurance *$88$1,056
Property Taxes $74$888
Electricity $188$2,259
Total$804$9,648
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$27,565/yr
40% on housing$24,120/yr
45% on housing$21,440/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.3%
5.3%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 4.1%
4.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$124This listing

vs Other Active Listings

Avg $/sqft

ZIP 48625$103
Clare County$142

vs Homes Sold Last Month

Median $/sqft

ZIP 48625
Clare County$113

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-30Listed for sale$89,900
2021-02-05Sold$45,000
2021-01-29Pending sale$49,900
2021-01-25Listed for sale$49,900
2018-02-26Sold$12,000
2015-11-20Sold$15,000

For Sale by Agent

AgentTROY CONDELL
BrokerageCONDELL WONDER LAND

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