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223 Merchant St

New Buffalo, MI 49117

3 bd 4 ba 2,022 sqft Built 2008 condos
Most recent sale
$515,000
Oct 1, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 3, 2024 Listed $659,000 MichRic
Oct 1, 2021 Sold $515,000 MichRic
Mar 17, 2017 Sold $345,000 MichRic
Jan 1, 2010 Listing removed $299,900 MichRic
Oct 18, 2009 Price changed $299,900 MichRic
May 1, 2009 Listing removed $389,000 MichRic
May 1, 2009 Listed $299,999 MichRic
Apr 19, 2009 Price changed $389,000 MichRic
Apr 12, 2009 Price changed $347,500 MichRic
Mar 8, 2009 Relisted $349,500 MichRic
Feb 23, 2009 Listing removed $349,500 MichRic
Feb 22, 2009 Listing removed $379,000 MichRic
Nov 13, 2008 Listed $379,000 MichRic

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $188,200 $8,687
2021 $179,400 $8,317
2020 $179,400 $8,279
2019 $175,000 $8,178

Property facts

Year built
2008
Property type
condos
Stories
3
Beds
3
Baths
4
Living area
2,022 sqft
Lot size
ZIP code
49117
City
New Buffalo
Street
Merchant St
Coordinates
41.79371, -86.74721

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
$3,033
Gross rental yield
7.07%
Implied cap rate
4.59%
Trend-extrapolated value

Frequently asked questions

When did 223 Merchant St last sell?
223 Merchant St most recently sold on Oct 1, 2021 for $515,000.
What is the current tax assessment for 223 Merchant St?
The most recent total assessment for 223 Merchant St (year 2022) is $188,200 with $8,687 in property tax.
How does 223 Merchant St's assessment compare to its last sale price?
The current assessment is 63.5% below the last sale price of $515,000.
When was 223 Merchant St built?
223 Merchant St was built in 2008.
How does 223 Merchant St compare to others on Merchant St?
We track 8 other properties on Merchant St. Browse the list under "Other properties on Merchant St" to compare beds, baths, and sale history.
What are the property facts for 223 Merchant St?
223 Merchant St is a 3 bed, 4 bath, 2,022 sqft condos.
Is 223 Merchant St a flip candidate?
No — 223 Merchant St does not appear in our flips dataset.
Is 223 Merchant St a tax-appeal candidate?
No — 223 Merchant 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
+12.5%
2026 Q3
$1.07M
2026 Q4
$1.1M
ZIP 49117 — Median Price History + Forecast

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