See it from the street
Sign in to view Street View for this property.
Owner
$336,215
1080 S MERIDIAN RD, MIDLAND, MI
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
3
baths
2
sq. ft.
1,456
property type
Single Family Residential
hoa
No
About
Residential
Living Area
Garage
1 Story
Unspecified Basement
Forced Air Unit
Yes
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
2004
Building Size
1,456 sq ft
Lot Size
87,120 sq ft
Lot Size (Acres)
2.00 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
—
County
Midland County, Michigan
Metro Area
Midland, MI
Zoning
RES-FA
Neighborhood/Subdivision
—
Lot Number
—
School District
Bullock Creek School District
Legal Description
SEC 25 T14N R1W COM 660 FT S OF NE SEC COR, TH W 300 FT, S 290 FT, E 300 FT, N 290 FT.
Tax & Value Information
Market Value (Total)
$311,400
Building Value
$0
Land Value
$311,400
Annual Property Tax
$4,017
Tax Assessment Year
2024
Assessed Value
$155,700
Last Assessment Year
2025
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
1/7/2011
Recording Date
1/7/2011
Sales Document #
—
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$13,010
Return on Investment
15.60%
After Repair Value
$369,837
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
Show Advanced Options
Analysis Details
Purchase Price
$302,594
Renovation Cost
$16,811
Closing Costs (buying)
$6,052
Holding Costs
$9,180
Selling Costs
$22,190
Total Investment
$83,381
After Repair Value (ARV)
$369,837
Total Costs
$356,827
Estimated Profit
$13,010
Cash Invested
$77,329
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters