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Vance Shutes

(734) 476-2063

Real Estate One - Ann Arbor

555 Briarwood Circle #333

Ann Arbor, MI 48108

Licensed in Michigan

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Top Ten bargains in Saline


Take a look at these bargain-priced homes in Saline!

Here's an updated list of the Top Ten bargains in Saline for the end of January.  (Original article by Vance Shutes).  Each time that I write about the Top Ten bargains in Saline, the articles tend to be some of the most popular. 

 

From my previous articles, you have learned that one of the simplest ways to determine whether a property is considered as a "bargain" is to look at how the property is priced relative to what the tax assessor thinks the property is worth.  In Michigan, we use the "State Equalized Value", or SEV, prepared by the local tax assessor each year.

As of the end of January, 2010, here are the Top Ten bargains in Saline, and how they look as compared with the SEV.

 

ML #

Address

 State Equ Value

 List Price

SEV Mult

2911098

341 PAYEUR

 $  98,500

 $109,900

1.12

2904834

8433 FOSDICK ROAD

 $188,000

 $239,900

1.28

3000551

45 Payeur

 $  70,800

 $  92,900

1.31

2907927

683 CANTERBURY

 $  86,700

 $115,000

1.33

3000085

7230 WEBER RD.

 $208,500

 $289,000

1.39

2908399

314 HARRIS

 $  70,200

 $100,000

1.42

3000101

13770 GOODRICH RD

 $125,400

 $179,900

1.43

2904937

401 MILLS

 $155,600

 $230,000

1.48

2809420

10541 SALINE-MILAN

 $167,600

 $249,900

1.49

3000850

1536 MALLARD COVE

 $150,000

 $229,000

1.53

At the top of the list this month is 341 Payeur.  This is a 2200 square foot brick ranch home on a slab (no basement), sits on 2 acres, and is a foreclosure.  The bank is selling it at nearly a 50% discount from what the local tax assessor thinks the home is worth!

There must be something about Payeur Road, as the third home on the list this month is at 45 Payeur.  This is another foreclosure, with 1100 square feet on a slab, sitting on just over a half-acre.

If you'd like to learn more about any of these properties, give me a call.

 

If you're ready to start your search for one of these Saline home bargains, talk to someone with local knowledge!  I'd be happy to meet with you.  Just give me a call at (734) 476-2063, or send an e-mail, "Vance (at) SalineMichiganRealEstate (dot) com".

You can search for homes and condos in Saline here.

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Posted on January 28, 2010 08:19:42 by SalineVance - View Profile

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