NOT LISTED FOR SALE

115 S Summit St Morenci, MI 49256

Estimated Value: $115,000 - $141,207

3 Beds
3 Baths
1,951 Sq Ft
$67/Sq Ft Est. Value

Last Sold January 06, 2022

Last sale price $48,000 $25 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $814/month

40 Days on Market

About This Home

As of January 2022

So many possibilities for this Multi use building! Great income property ready for a new owner. Home Features 3 units, 1 bed, 1 Baths in each unit. Utilities are all on sperate accounts for easy tenant management. Don't miss this great handyman special!

Last Agent to Sell the Property

Jessica Taylor

Wiens And Roth Real Estate - Lambertville License #MCAR-6501428965 Listed on: 11/11/2021

Last Buyer's Agent

Kimberly Carey

NextHome Elevate in Temperance License #MCAR-6502431072

NextHome Elevate in Temperance

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • 60 Ft Wide Lot
  • Rural Setting

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Oven or Range
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number XMO-000-0072-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 2269.62
  • Year Built: 1900
  • Mail City: Morenci
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3

Exterior Features

  • Construction: Vinyl Siding
  • Frontage: 60
  • Foundation Type: Basement

Utilities

  • Water: Public Water
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: XMO-000-0072-00
  • Location: Rural
  • Lot Dimensions: 60 X irregular
  • Acreage: 0.16
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $1,196.58
  • Winter Tax: Year: 2020, Amount: $1,073.04
  • Total Tax: Amount: $2,269.62

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Morenci Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 1994
Bought by
St Clair, Natalie, Trust
Current Estimated Value
$130,552
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
St Clair, Natalie, Trust -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2022 01/06/22 Sold $48,000 -36.0% $25 / Sq Ft
12/21/2021 12/21/21 Pending -- -- --
11/11/2021 11/11/21 For Sale $75,000 -- $38 / Sq Ft
Source: Michigan Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,172 $61,700 $0 $0
2024 $24 $55,600 $0 $0
2022 $3,515 $45,400 $0 $0
2020 $1,751 $40,200 $0 $0
2019 $88,478 $38,900 $0 $0
2018 $88,478 $35,336 $0 $0
2017 $877 $33,516 $0 $0
2016 $0 $32,720 $0 $0
2014 -- $30,959 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jessica Taylor

    Seller's Agent in 2022

    Jessica Taylor

    Wiens And Roth Real Estate - Lambertville

    (517) 662-9707

    12 in this area

    86 Total Sales

    Jessica Taylor
    Section Image
  • Kimberly Carey

    Buyer's Agent in 2022

    Kimberly Carey

    NextHome Elevate in Temperance

    (567) 277-8557

    1 in this area

    145 Total Sales

    Kimberly Carey
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50060523

Michigan Multiple Listing Service

APN: XM0-000-0072-00

Michigan Lenawee County Morenci 49256

115 S Summit St, Morenci, MI

Not Listed for Sale

MultiFamily

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