Photo 1 of 1681 Merrill AVE
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Active · MLS #57050226733
$130,000 2 bd1 ba684 sqft

1681 Merrill AVE, Lincoln Park, MI 48146

Est. $1,348/mo with current taxes · · See the breakdown

TypeSingle family residence
Built1949
Lot0.1 acres
Price/sqft$190
On market0 days

About this home

2 Bed, 1 Bath home with a basement located close to the Elementry school. Large shed for storage, updated bathroom, and sewer line was replaced in 2022. This is a great first home. There is a lot of room to build equity.

Monthly payment

$1,348per month
Principal & interest$740
Property tax, current$355
Homeowners insurance$200
Mortgage insurance (PMI)$54

The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.

The facts

Price$130,000
Beds2
Baths1 full
Square feet684
TypeSingle family residence
SubdivisionGARFIELD PARK SUB
CountyWayne
MLS #57050226733
Listed2026-11-04
Days on market0
Year built1949
PossessionAt closing
Stories1 story
HeatingForced air, Natural gas
FoundationBasement
Water / SewerCity water & sewer
Parcel number45016020280002
Listing officeSynergy Realty Group

Property taxes: the seller's bill vs. yours

This seller today You, the year after buying
Taxable value$61,147about $65,000
Yearly property tax$4,255about $3,429

Michigan caps a homeowner's taxable value until the home sells, then it resets. The assessor's state equalized value (SEV) is $66,400. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Lincoln Park's 2025 homestead rate of 52.76 mills and assumes you claim the homestead exemption. See Lincoln Park's full tax breakdown or run the uncapping calculator.

Location

IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Southeastern Border Association of REALTORS, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-11-04T21:25+00:00; refreshed at least twice daily.

$130,000Est. $1,348/mo
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