NOT LISTED FOR SALE

361 E Saginaw St Merrill, MI 48637

Estimated Value: $61,263 - $120,000

4 Beds
2 Baths
1,198 Sq Ft
$84/Sq Ft Est. Value

Last Sold December 23, 2022

Last sale price $25,000 $21 Per Sq Ft

Est. 301% increase in value since last sale

Current estimated payment $633/month

24 Days on Market

About This Home

As of December 2022

Great investment opportunity on this 2 unit in Merrill. Upstairs unit is vacant and has 1 bedroom and 1 bath, downstairs has 3 bedrooms and 1 bath. The downstairs rents for $500/month. Can be converted back to single family home.

Last Agent to Sell the Property

Lori Periard

Century 21 Signature Realty License #SBR-6502376861 Listed on: 11/21/2022

Century 21 Signature Realty

Last Buyer's Agent

Herbert Saenz

Modern Realty License #SBR

Modern Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 69 x 132

Parking

  • 1 Car Garage

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 17 12 1 26 0505 000

Property Details

Home Type

Multi-Family

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Originating MLS: Saginaw Board of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 1290.18
  • Year Built: 1895
  • Mail City: Merrill
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 1198

Exterior Features

  • Construction: Wood
  • Frontage: 69
  • Foundation Type: Crawl
  • Roads: City/County

Garage/Parking

  • Garage Spaces: 1

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • 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: 17 12 1 26 0505 000
  • Lot Dimensions: 69 x 132
  • Acreage: 0.21
  • Zoning: Residential
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $242.46
  • Winter Tax: Year: 2021, Amount: $1,042.72
  • Taxable Value: 21913
  • Total Tax: Amount: $1,290.18
  • Village Tax: 995
  • SEV Year: 2022

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Merrill Comm School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2022
Closed on
Jan 4, 2023
Sold by
Dorsey L Davis L and Dorsey Lorraine C
Bought by
Clark Wesley and Clark Kari
Seller's Agent
Lori Periard
Century 21 Signature Realty
Buyer's Agent
Herbert Saenz
Modern Realty
List Price
$32,000
Sold Price
$25,000
Premium/Discount to List
-$7,000
-21.88%
Views
48
Current Estimated Value
$100,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,316
Avg. Annual Appreciation
66.16%

Purchase Details

Closed on
Jul 15, 2022
Sold by
Bradford William R
Bought by
Bradford William R and Ryan June I

Purchase Details

Closed on
Jan 25, 2005
Sold by
Davis Dorsey L and Davis Lorraine C
Bought by
Davis Dorsey L and Davis Lorraine C
Source: Public Records

Range of Values:

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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
Clark Wesley $25,000 Crossroads Title
Bradford William R -- Saginaw Bay Area Title
Davis Dorsey L -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2022 12/23/22 Sold $25,000 -21.9% $21 / Sq Ft
12/15/2022 12/15/22 Pending -- -- --
11/21/2022 11/21/22 For Sale $32,000 -- $27 / 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
2024 $1,038 $34,500 $0 $0
2023 $998 $32,100 $0 $0
2022 $2,422 $26,900 $0 $0
2021 $1,875 $25,500 $0 $0
2020 $1,892 $24,200 $0 $0
2019 $2,006 $22,700 $3,900 $18,800
2018 $2,015 $20,400 $0 $0
2017 $1,799 $20,500 $0 $0
2016 $1,565 $20,500 $0 $0
2014 -- $19,900 $0 $16,000
2013 -- $18,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50096409

Michigan Multiple Listing Service

APN: 17121260505000