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520 Michigan Ave, Alpena, MI, 49707

2beds
1baths
960sqft
$100,000
$104price/sqft
$827/moest. monthly cost
$33,080/yrincome needed

About This Home

Charming 2-Bedroom Gem Near MICH-E-KE-WIS Park! Tucked away on a quiet dead-end street, this adorable 2-bedroom, 1-bath home offers the perfect blend of privacy, charm, and convenience. Just three blocks from the sandy shores of MICH-E-KE-WIS Park and beach, you'll enjoy morning walks, picnics by the water, and easy access to year-round fun. Step inside and feel right at home in the cozy living space, perfect for relaxing after a day at the lake. The sunny kitchen opens to a cute private deck, ideal for summer grilling or enjoying your morning coffee in peace. A 1-car garage provides plenty of space for your vehicle plus bonus room in the back for storage, workshop, or hobbies. With shopping and dining just minutes away, and peaceful surroundings right at your door and affordable.

Getting Around

59
WalkingSomewhat Walkable
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

4/10
Ella M. White SchoolGrades K-50.8 mi
8/10
Alpena High SchoolGrades 8-121.2 mi
6/10

Construction

Materials

  • Foundation: Crawl

Type & Style

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

Interior

Appliances

  • Appliances included: Washer,Range/Oven,Refrigerator,Dryer
  • Laundry features: Main Level

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Finished area above ground: 960

Heating

  • Heating features: Natural Gas

Interior Area

  • Total structure area: 960
  • Total interior livable area: 960 sqft

Property

Details

  • Parcel number: 01840500016000

Features

  • Patio & porch: Patio/Porch
  • Frontage type: None

Lot

  • Lot size: 6,900 sqft
  • Lot size dimensions: 50 x 138

Parking

  • Parking features: Garage
  • Has garage: Yes

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

  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Lightning
Tsunami

FEMA Declared Disasters in Alpena 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 $505$6,060
Home Insurance *$50$600
Property Taxes $84$1,008
Electricity $188$2,259
Total$827$9,924
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$28,354/yr
40% on housing$24,810/yr
45% on housing$22,053/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: 6.6%
6.6%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 2.2%
2.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$104This listing

vs Other Active Listings

Avg $/sqft

ZIP 49707$224
Alpena County$208

vs Homes Sold Last Month

Median $/sqft

ZIP 49707$113
Alpena County$85

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)

No zestimate history available

Price History

DateEventPrice
2026-06-10Listed for sale$100,000
2026-06-02Contingent$100,000
2026-05-11Listed for sale$100,000
2026-03-26Contingent$100,000
2026-03-02Listed for sale$100,000
2025-12-24Listing removed$115,000
2025-09-23Price change$115,000
2025-08-18Price change$118,000
2025-06-30Price change$122,500
2025-04-23Listed for sale$124,000
2025-03-17Listing removed$124,000
2024-12-17Listed for sale$124,000
2024-11-14Listing removed--
2024-08-16Listed for sale$124,000
2024-08-03Listing removed--
2024-02-05Listed for sale$124,000
2014-08-19Sold$13,000

For Sale by Agent

AgentDonna Wilson
BrokerageKW Northern Michigan Team Partners

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