4 months on rocket

328 Merrick St, Adrian, MI, 49221

$161,000

Home List Price

$1,912*

Closing Credit

2 Full Baths
2,229 SqFt
$72/SqFt
Multi

Location

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328 Merrick St, Adrian$161,000

Buyer Closing Credits

$1,912*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAssigned Spaces, Garages
Year Built1900
HeatingNatural Gas, Forced Air, Separate Meters
BasementYes
MLS #56050145712
Lot Size0.25 Acres
StatusActive

About 328 Merrick St

Duplex in the heart of Adrian. Unit 1: 3 bedrooms, 1 bathroom, Beautiful hardwood floors and woodwork throughout. Updated kitchen. Unit 2 (rented monthly): 2 bedrooms, 1 bathroom. Additional Features: over 2200 square feet of living space, Private porches for each unit, Detached 2-car garage, Newer roof and hot water heater. Ideal for generating rental income of offsetting your mortgage, Conveniently located near downtown, shopping, and restaurants. Don't miss out on the fantastic investment opportunity! Contact us today to schedule a viewing

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1900
  • Stories: 2
  • Living Area: 2,229 SqFt

Listing Office:

  • Office Name: Xsell Realty
  • Office Phone: (517) 266-4661
  • Listing Agent: Michael Knox

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Parking Information:

  • Parking: Assigned Spaces, Garages

Lot Features

Lot Information:

  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Separate Meters

Price Information

Listing Price Info

Price Summary:

  • List Price: $161,000
  • Price Per SqFt: $72/SqFt

Tax Information:

  • Annual Amount: $2,882
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Adrian, MI.

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Adrian, MI

City

Med. Sold Price

$185K

Med. Price/SqFt

$142

Avg. Days On Market

41

# of Sold Homes

37

328 Merrick St vs Adrian

149 DAYS ON ROCKET

+108 Days

$161,000

-$24K Less

$72/SqFt

-$71 Less

KEY TAKEAWAY

This property is $24K less than the Median Sold Price and $71/SqFt less than other homes in Adrian, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Lenawee County Association of REALTORS®
  • MLS Number: #56050145712

Listing Office:

  • Office Name: Xsell Realty
  • Office Phone: (517) 266-4661
  • Listing Agent: Michael Knox

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 5:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 22, 2019Home Sold
$81,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,882$46,200
2019$1,965$39,600
2018$2,191$38,400
2017$2,173$37,700

History based on county public records data.

Payment Calculator

$871

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$549

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-367688
5
/10

  • Lincoln Elementary School

  • 158 S Scott St

  • 0.74 miles

  • Public District Grades PK-5

school-card-donut-367689
3
/10

  • Michener Elementary School

  • 104 Dawes Ave

  • 0.83 miles

  • Public District Grades PK-5

school-card-donut-367690
4
/10

  • Alexander Elementary School

  • 520 Cherry St

  • 0.95 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,086. The majority of Adrian, MI residents have income less than $35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Lenawee County›Adrian›49221›328 Merrick St

This home is located at 328 Merrick St in Adrian, MI and zip code 49221. This 2,229 square foot home, which was built in 1900, sits on a 0.25 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since June 18, 2024 and is currently priced at $161,000.

In October 2024 more than 9 listings in Adrian, MI were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 20 were sold below. The number of listings in Adrian, MI decreased by 0.7% between September 2024 and October 2024. The median list price of listings available in October 2024 was $185,000, while the average time on the real estate market was 41 days.

From Rocket Homes Real Estate and based on county public records data.

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