516 Ann Arbor Street
Manchester, MI 48158
Single Family Residence · MLS # 55026041795 · Listing courtesy of ERA Reardon - Brooklyn
About this home
Conveniently located in the city of Manchester, this charming 3-bedroom, 2-full-bath home offers a comfortable and functional layout with plenty of potential. The spacious third bedroom is located on the second floor and features its own full bath and a large walk-in closet, creating a great private suite. The full unfinished basement provides abundant storage space and additional possibilities for future use. Situated on a great corner lot with plenty of yard space, this home is close to shopping, dining, schools, parks, and everything town has to offer. A wonderful opportunity to make this home your own!
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Manchester
Over the last 90 days, 18 homes sold in Manchester for a median of $350,500, about $224 per square foot, and the typical one went under contract in 28 days. This home is listed at $189,000, or $188 per square foot, 16% below the city median, and has been on the market 80 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Manchester sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $3,603 a year. A buyer who lives here would pay about $2,664 to $4,414 a year once the taxable value resets after the sale, at the 2025 homestead rate of 46.25 mills for Manchester City and Manchester schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
Similar homes in Manchester
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