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124 E Stephenson St, Morenci, MI, 49256

2beds
1baths
1,720sqft
$199,900
$116price/sqft
$1,553/moest. monthly cost
$62,120/yrincome needed

About This Home

Welcome home to this charming 3-bedroom, 1-bath home situated on a large corner lot in the heart of Morenci! Enjoy the convenience of a 2-car attached garage and a fully fenced backyard, perfect for pets, kids, or entertaining. Relax on the covered front porch while overlooking the recently revitalized Stephenson Park, home to the Ultimate Playground, or unwind on the covered side porch for a more private retreat. With its great location, spacious yard, and inviting outdoor living spaces, this home offers comfort, convenience, and plenty of curb appeal.

Getting Around

48
WalkingCar-Dependent
0
TransitVery Limited Transit
41
BikeSomewhat Bikeable

Schools

5/10
Morenci Elementary SchoolGrades PK-50.4 mi
4/10
Morenci Area High SchoolGrades 6-120.6 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Basement
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Water Heater
  • Laundry features: First Floor Laundry

Basement

  • Has basement: Yes
  • Basement: Block,Full,Crawl Space

Bathroom1

  • Level: Main

Bedroom1

  • Features: Vinyl
  • Level: Second
  • Area: 156

Bedroom2

  • Features: Vinyl
  • Level: Second
  • Area: 130

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1

Dining Room

  • Features: Vinyl
  • Level: First
  • Area: 195

Features

  • Flooring: Vinyl,Carpet
  • Finished area below ground: 0
  • Finished area above ground: 1,720

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,406
  • Total interior livable area: 1,720 sqft

Kitchen

  • Features: Vinyl
  • Level: First
  • Area: 299

Living Room

  • Features: Carpet
  • Level: First
  • Area: 260

Property

Details

  • Parcel number: XM0580021000
  • Special condition: Private

Features

  • Levels: One and One Half
  • Stories: 1
  • Waterfront features: None
  • Waterbody name: none
  • Frontage type: Road
  • Frontage length: 210

Lot

  • Lot size: 10,018 sqft
  • Lot size dimensions: 70 x 140

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Tornado
Hail
Inland Flooding
Ice Storm
Lightning
Winter Weather

FEMA Declared Disasters in Lenawee County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,010$12,120
Home Insurance *$201$2,412
Property Taxes $154$1,848
Electricity $188$2,259
Total$1,553$18,636
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$53,245/yr
40% on housing$46,590/yr
45% on housing$41,413/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.3%
5.3%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$116This listing

vs Other Active Listings

Avg $/sqft

ZIP 49256$69
Lenawee County$155

vs Homes Sold Last Month

Median $/sqft

ZIP 49256$90
Lenawee County$141

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-29Listed for sale$199,900
2022-01-28Sold$125,000
2014-03-01Listing removed$67,900
2013-09-06Price change$67,900
2013-08-08Listed for sale$74,500

For Sale by Agent

AgentBradley Frederick
BrokerageGil Henry & Associates

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