NOT LISTED FOR SALE

384 E Perkins St Merrill, MI 48637

Estimated Value: $272,000 - $291,000

6 Beds
4 Baths
3,056 Sq Ft
$91/Sq Ft Est. Value

Last Sold April 18, 2023

Last sale price $250,000 $82 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,677/month

106 Days on Market

Highlights

  • Above Ground Pool
  • Ranch Style House
  • 2 Car Detached Garage
  • Deck
  • Cathedral Ceiling
  • Porch

About This Home

As of April 2023

This 3 unit building has the potential for a 4th unit which can be used as a salon, office, day care etc., or be converted into another residential unit producing even more income! This is the perfect owner occupant opportunity. The large unit has 3 bedrooms, 2 bathrooms, 2 fireplaces and it's own private porch and above ground pool. There is a 26x32 garage, plus a 28x34 building that is perfect for a workshop or hobby building. Lots of income potential, as the rents are currently under valued. Buyer is to assume the special assessment.

Last Agent to Sell the Property

Paul Wellman

RE/MAX New Image License #SBR-6502353118 Listed on: 11/23/2022

RE/MAX New Image

Last Buyer's Agent

Amy Grundas

Real Estate One Great Lakes Bay License #SBR-6501355933

Real Estate One Great Lakes Bay

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 164 x 132

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Cathedral Ceiling
  • Living Room with Fireplace
  • Block Basement Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Above Ground Pool
  • Deck
  • Porch

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 3 Units
  • Melze Hood & Parsons Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 17-12-1-26-0552-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Originating MLS: Saginaw Board of REALTORS
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Styles: Ranch
  • Total Tax Amount: 6728
  • Total Tax Year: 2022
  • Year Built: 1956
  • Mail City: Merrill
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cathedral/Vaulted Ceiling
  • Fireplace: Yes
  • Fireplace Features: Famroom Fireplace, Livroom Fireplace
  • Basement Type: Block
  • Bedrooms: 6
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Source of Sq Ft: Assessors Data

Exterior Features

  • Construction: Brick, Vinyl Siding
  • Exterior Features: Deck, Porch, Above Ground Pool
  • Frontage: 164
  • Foundation Type: Crawl
  • Roads: City/County, Paved Street

Garage/Parking

  • Garage Type: Detached Garage, Electric In Garage, Gar Door Opener, Heated Garage
  • Garage Spaces: 2
  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Heating System: Baseboard, Hot Water
  • Separate Electric: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessments: Yes
  • Assessor Parcel Number: 17-12-1-26-0552-000
  • Lot Dimensions: 164 x 132
  • Acreage: 0.49
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Gas

Tax Info

  • Summer Tax: Year: 2022, Amount: $958.00
  • Winter Tax: Year: 2022, Amount: $4,209.00
  • Total Tax: Year: 2022, Amount: $6,728.00
  • Village Tax: 1561

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Merrill Comm School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2022
Closed on
May 30, 2023
Sold by
Lednicky Mark A and Lednicky Patricia
Bought by
Fitch Christine
Seller's Agent
Paul Wellman
RE/MAX New Image
Buyer's Agent
Amy Grundas
Real Estate One Great Lakes Bay
List Price
$274,900
Sold Price
$250,000
Premium/Discount to List
-$24,900
-9.06%
Views
80
Current Estimated Value
$279,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,369
Avg. Annual Appreciation
4.12%
Original Mortgage
$187,500
Interest Rate
6.6%
Mortgage Type
Construction

Purchase Details

Listed on
Nov 23, 2022
Closed on
May 29, 2023
Sold by
Lednicky Mark A and Lednicky Patricia
Bought by
Fitch Christine
Seller's Agent
Paul Wellman
RE/MAX New Image
Buyer's Agent
Amy Grundas
Real Estate One Great Lakes Bay
List Price
$274,900
Sold Price
$250,000
Premium/Discount to List
-$24,900
-9.06%
Views
80

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
6.6%
Mortgage Type
Construction

Purchase Details

Listed on
Nov 23, 2022
Closed on
Apr 20, 2023
Sold by
Lednicky Mark A
Bought by
Krueger Rentals Llc
Seller's Agent
Paul Wellman
RE/MAX New Image
Buyer's Agent
Amy Grundas
Real Estate One Great Lakes Bay
List Price
$274,900
Sold Price
$250,000
Premium/Discount to List
-$24,900
-9.06%
Views
80

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
6.6%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 9, 1996
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Fitch Christine -- None Listed On Document
Fitch Christine -- None Listed On Document
Krueger Rentals Llc $250,000 Diversified National Title
-- $92,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Krueger Rentals Llc $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2023 04/18/23 Sold $250,000 -9.1% $82 / Sq Ft
03/09/2023 03/09/23 Pending -- -- --
11/23/2022 11/23/22 For Sale $274,900 -- $90 / 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 $2,761 $138,500 $0 $0
2024 $2,697 $120,600 $0 $0
2023 $2,583 $112,000 $0 $0
2022 $6,683 $100,300 $0 $0
2021 $6,313 $95,100 $0 $0
2020 $6,308 $89,600 $0 $0
2019 $6,138 $83,200 $8,100 $75,100
2018 $1,956 $82,600 $0 $0
2017 $5,502 $82,900 $0 $0
2016 $5,483 $82,500 $0 $0
2014 -- $79,700 $0 $71,600
2013 -- $75,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50096634

Michigan Multiple Listing Service

APN: 17121260552000