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507 Cottage St, Merrill, WI, 54452

4beds
1baths
1,590sqft
$120,900
$76price/sqft
$1,015/moest. monthly cost
$40,600/yrincome needed

About This Home

Charming 4 Bedroom Two Story home with approximately 1590 square feet of living space on a 0.19 acre lot. This property has much to offer inside and outside. Featuring plenty of storage, a 1+ car garage with canopy styled lean-to behind it, established gardens with perennial landscaping, and an outdoor fire pit area perfect for gathering with family and friends or sit back by yourself relaxing. Inside, you'll find plenty of old-world charm and character throughout. While the home could benefit from some modernization and TLC, it provides a great opportunity to add your own design ideas and personal touches to truly make it your own. Don't miss out on this opportunity, Schedule your Showing Today !

Getting Around

53
WalkingSomewhat Walkable
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

4/10
5/10
Merrill High SchoolGrades 9-121.9 mi

Construction

Condition

  • Year built: 1900

Materials

  • Construction materials: Frame

Type & Style

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

Interior

Bathroom

  • Level: First

Bedroom

  • Level: Second
  • Dimensions: 9'5x15'6

Bedroom

  • Level: First
  • Dimensions: 7'5x10'7

Bedroom

  • Level: Second
  • Dimensions: 12'3x13'5

Bedroom

  • Level: Second
  • Dimensions: 9x12

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: First
  • Dimensions: 13x15'4

Features

  • Fireplace features: Wood Burning
  • Finished area below ground: 0
  • Finished area above ground: 1,590

Heating

  • Heating features: Natural Gas

Interior Area

  • Total structure area: 1,590
  • Total interior livable area: 1,590 sqft

Kitchen

  • Level: First
  • Dimensions: 10x19

Living Room

  • Level: First
  • Dimensions: 13x15

Mud Room

  • Level: First
  • Dimensions: 7x10

Office

  • Level: First
  • Dimensions: 12x12'5

Property

Details

  • Parcel number: 25131061130163

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Gravel Driveway,Paved Driveway
  • Frontage length: 0,0

Lot

  • Lot size: 8,453 sqft

Parking

  • Total spaces: 1
  • Parking features: Detached,Garage,One Car Garage,Storage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

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 WaveVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Lightning
Winter Weather
Hail
Strong Wind
Tornado

FEMA Declared Disasters Across Wisconsin Counties

Flood
Severe 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 $611$7,332
Home Insurance *$69$828
Property Taxes $164$1,968
Electricity $171$2,054
Total$1,015$12,180
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$34,800/yr
40% on housing$30,450/yr
45% on housing$27,066/yr

Wisconsin FAIR Plan Programs

Wisconsin Insurance Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 5,246Commercial: 198
Total Premiums$4.55M
Total Exposure$860.28M

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: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: -2.3%
-2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$76This listing

vs Other Active Listings

Avg $/sqft

ZIP 54452$137
Lincoln County$179

vs Homes Sold Last Month

Median $/sqft

ZIP 54452$120
Lincoln County$118

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)

No zestimate history available

Price History

DateEventPrice
2026-05-08Listed for sale$129,900

For Sale by Agent

AgentKEVIN BLAKE
BrokerageFIRST WEBER - MERRILL

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