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121 Summit St

Morenci, MI 49256

2 bd 1 ba 1,308 sqft Lot 11,326 sqft single_family
Most recent sale
$110,000
Nov 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 22, 2022 Sold $110,000 SEBorderAOR
Oct 14, 2022 Listed $119,900 SEBorderAOR
May 22, 2017 Sold $50,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $37,900 $1,496
2020 $34,600 $1,467
2019 $33,100 $1,445
2018 $31,200 $1,413
2017 $25,300 $1,113
2016 $25,000 $1,106
2015 $24,300 $1,110
2014 $23,700 $1,052
2013 $24,500 $1,066
2012 $27,000 $1,157
2011 $27,600 $1,169
2010 $29,600 $1,162
2008 $34,400 $842
2007 $34,200 $1,212

Property facts

Year built
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
1,308 sqft
Lot size
11,326 sqft
ZIP code
49256
City
Morenci
Street
Summit St
Coordinates
41.71872, -84.21503

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
$660
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 121 Summit St last sell?
121 Summit St most recently sold on Nov 22, 2022 for $110,000.
What is the current tax assessment for 121 Summit St?
The most recent total assessment for 121 Summit St (year 2021) is $37,900 with $1,496 in property tax.
How does 121 Summit St's assessment compare to its last sale price?
The current assessment is 65.5% below the last sale price of $110,000.
When was 121 Summit St built?
The year built for 121 Summit St is not in our records.
How does 121 Summit St compare to others on Summit St?
We track 8 other properties on Summit St. Browse the list under "Other properties on Summit St" to compare beds, baths, and sale history.
What are the property facts for 121 Summit St?
121 Summit St is a 2 bed, 1 bath, 1,308 sqft, 11,326 sqft lot single_family.
Is 121 Summit St a flip candidate?
No — 121 Summit St does not appear in our flips dataset.
Is 121 Summit St a tax-appeal candidate?
No — 121 Summit 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
-1.9%
Implied 1-yr
-7.6%
2026 Q2
$120.5K
2026 Q3
$117.9K
ZIP 49256 — Median Price History + Forecast

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