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506 Mercer St

Durand, MI 48429

3 bd 1 ba 1,313 sqft Built 1900 Lot 5,663 sqft single_family
Most recent sale
$80,000
Feb 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 17, 2022 Sold $80,000 MLS #50063038
Jan 3, 2022 Price changed $79,900 MLS #50063038
Dec 21, 2021 Listed $85,000 MLS #50063038
Mar 5, 2014 Sold $45,000 MLS #20366904
Jan 3, 2014 Listing removed $44,900 ECAR
Aug 20, 2013 Relisted $44,900 MLS #31161047
Aug 16, 2013 Listing removed $44,900 ECAR
Aug 12, 2013 Listed $44,900 MLS #31161047
Aug 10, 2013 Listed $44,900 MLS #30029832

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $37,350 $911
2020 $32,630 $1,373
2019 $33,020 $1,389
2018 $28,820 $1,400
2017 $27,290 $1,325
2016 $26,360 $1,297
2015 $25,560 $1,284
2014 $26,340 $1,311
2013 $25,820 $2,994
2012 $28,240 $2,327
2011 $32,210 $2,129
2010 $36,260 $2,027
2009 $39,520 $1,517
2008 $42,110 $958
2007 $44,380 $937

Property facts

Year built
1900
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,313 sqft
Lot size
5,663 sqft
ZIP code
48429
City
Durand
Street
Mercer St
Coordinates
42.91601, -83.98327

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$480
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 506 Mercer St last sell?
506 Mercer St most recently sold on Feb 17, 2022 for $80,000.
What is the current tax assessment for 506 Mercer St?
The most recent total assessment for 506 Mercer St (year 2021) is $37,350 with $911 in property tax.
How does 506 Mercer St's assessment compare to its last sale price?
The current assessment is 53.3% below the last sale price of $80,000.
When was 506 Mercer St built?
506 Mercer St was built in 1900.
How does 506 Mercer St compare to others on Mercer St?
We track 8 other properties on Mercer St. Browse the list under "Other properties on Mercer St" to compare beds, baths, and sale history.
What are the property facts for 506 Mercer St?
506 Mercer St is a 3 bed, 1 bath, 1,313 sqft, 5,663 sqft lot single_family.
Is 506 Mercer St a flip candidate?
No — 506 Mercer St does not appear in our flips dataset.
Is 506 Mercer St a tax-appeal candidate?
No — 506 Mercer St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.1%
Implied 1-yr
+12.3%
2026 Q2
$207.2K
2026 Q3
$212.5K
ZIP 48429 — Median Price History + Forecast

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