NOT LISTED FOR SALE

205 E Downie St Alma, MI 48801

Estimated Value: $54,025

2 Beds
2 Baths
1,200 Sq Ft
$45/Sq Ft Est. Value

Last Sold May 09, 2018

Last sale price $35,000 $29 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $335/month

162 Days on Market

About This Home

As of May 2018

INVESTMENT OPPORTUNITY HERE WITH THIS WELL PERFORMING DUPLEX. BOTH UNITS ARE OCCUPIED AND HAVE GOOD RENTAL HISTORY. BUY AND KEEP RENTED AS AN INVESTMENT OR LIVE IN ONE UNIT AND RENT OTHER, SUBJECT TO TENANT RIGHTS. DON'T MISS THIS CHANCE AND CAN ALSO BE PART OF A PACKAGE OF 5 DUPLEXES OWNED BY SELLER IF YOU ARE LOOKING FOR MORE.

Last Agent to Sell the Property

Adam Vibber

CENTURY 21 LEE-MAC REALTY License #6506046950 Listed on: 08/07/2017

CENTURY 21 LEE-MAC REALTY

Last Buyer's Agent

Susan Smoker

CENTURY 21 LEE-MAC REALTY

CENTURY 21 LEE-MAC REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 40 x 66
  • The community has rules related to zoning restrictions

Home Design

  • Duplex
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Michigan Basement
  • Oven or Range

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • 2 Units
  • City Of Alma Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: Duplex (2 Story)
  • Style: 2 Story
  • Estimated Year Built: 1920
  • Construction: Frame
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920
  • Year Renovated: 1990

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range
  • Range: R 3W
  • Total Finished Sf Apx: 1200

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Michigan Basement
  • Number Of Acres: 0.06
  • Road: Public Maintained
  • Roof: Asphalt

Utilities

  • Sewer: Municipal
  • Tv Service Internet Avail: Cable Tv
  • Water: Municipal
  • Heating Cooling Type: Forced Air

Association/Amenities

  • Development Name: City of Alma

Lot Info

  • Lot Dimensions: 40 x 66
  • Zoning Use Restrictions: Residential, Multi-Family

Tax Info

  • Summer Taxes: 1435
  • Winter Taxes: 57
  • Year Winter: 2016

Multi Family

  • Total Number Units: 2

MLS Schools

  • School District: Alma Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2017
Closed on
May 15, 2018
Sold by
Bott Greg
Bought by
Alma United Methodist Church
Seller's Agent
Adam Vibber
CENTURY 21 LEE-MAC REALTY
Buyer's Agent
Susan Smoker
CENTURY 21 LEE-MAC REALTY
List Price
$45,000
Sold Price
$35,000
Premium/Discount to List
-$10,000
-22.22%
Current Estimated Value
$54,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,025
Avg. Annual Appreciation
5.78%

Purchase Details

Listed on
Aug 7, 2017
Closed on
May 9, 2018
Sold by
Greg Bott
Bought by
Alma United Methodist Church
Seller's Agent
Adam Vibber
CENTURY 21 LEE-MAC REALTY
Buyer's Agent
Susan Smoker
CENTURY 21 LEE-MAC REALTY
List Price
$45,000
Sold Price
$35,000
Premium/Discount to List
-$10,000
-22.22%

Purchase Details

Closed on
May 15, 2012
Sold by
The Estate Of Leslie H Bott
Bought by
Bott Greg

Purchase Details

Closed on
Jun 1, 1991
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Alma United Methodist Church $25,000 None Available
Alma United Methodist Church $35,000 --
Bott Greg $24,666 --
-- $23,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2018 05/09/18 Sold $35,000 -22.2% $29 / Sq Ft
02/19/2018 02/19/18 For Sale $45,000 +28.6% $38 / Sq Ft
02/08/2018 02/08/18 Off Market $35,000 -- --
08/07/2017 08/07/17 For Sale $45,000 -- $38 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $0 $0 $0
2024 -- $0 $0 $0
2023 $92 $0 $0 $0
2020 -- $0 $0 $0
2019 -- $0 $0 $0
2018 -- $28,700 $0 $0
2017 -- $25,800 $0 $0
2016 -- $24,900 $0 $0
2015 -- $23,600 $0 $0
2014 -- $22,400 $0 $0
2013 -- $22,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Adam Vibber

    Seller's Agent in 2018

    Adam Vibber

    CENTURY 21 LEE-MAC REALTY

    (989) 560-3069

    82 in this area

    182 Total Sales

    Adam Vibber
    Section Image
  • Susan Smoker

    Buyer's Agent in 2018

    Susan Smoker

    CENTURY 21 LEE-MAC REALTY

    (989) 576-1627

    25 in this area

    62 Total Sales

    Susan Smoker
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1836802

Northern Great Lakes REALTORS® MLS

APN: 51-344-571-00

Michigan Gratiot County Alma 48801

205 E Downie St, Alma, MI

Not Listed for Sale

MultiFamily

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Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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