NOT LISTED FOR SALE

206 N Grover Ave Alma, MI 48801

Estimated Value: $98,000 - $126,000

3 Beds
2 Baths
1,044 Sq Ft
$104/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $85,000 $81 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $745/month

16 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Entrance Foyer
  • Shed

About This Home

As of September 2023

Investment opportunity! Duplex, 2 Story. Subject to Tenant Rights. Month to month lease with tenants. Shed is divided in half for tenant storage. Property is Sold "As Is" Buyer to verify room sizes. No commission on Seller Concessions. Downstairs apartment has 2 bedrooms, 1 bath, living room and kitchen. Upstairs apartment has 1 bedroom, 1 bath, living room, and small kitchen. Mechanicals recently updated.

Last Agent to Sell the Property

Mary Beard

43 NORTH REALTY Listed on: 08/07/2023

Last Buyer's Agent

Brandon Tilson

FIVE STAR REAL ESTATE - MT. PLEASANT License #6501444345

FIVE STAR REAL ESTATE - MT. PLEASANT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,030

Year Built

  • Built in 1940

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 66'x181.50
  • The community has rules related to zoning restrictions

Home Design

  • Duplex
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,044 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Basement Fills Entire Space Under The House
  • Oven or Range

Additional Features

  • Shed
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units
  • Grover Ave. Community

Listing and Financial Details

  • Rent includes water, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,030

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: Duplex (2 Story)
  • Style: 2 Story, Duplex
  • Estimated Year Built: 1940
  • Construction: Frame
  • Section Number: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1940

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range
  • Interior Amenities: Foyer Entrance
  • Price Per Sq Ft: 81.42
  • Range: R 3W
  • Total Finished Sf Apx: 1044

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Exterior Features: Sidewalk
  • Exterior Finish: Vinyl Siding
  • Foundation: Full
  • Number Of Acres: 0.27
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Utilities

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

Association/Amenities

  • Development Name: Grover Ave.

Schools

  • School District: Alma Public Schools

Lot Info

  • Lot Dimensions: 66'x181.50
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Multi-Family

Rental Info

  • Included In Lease: Water, Sewer
  • Rent Spree Y N: Yes

Tax Info

  • Taxable Value: 30975

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
Apr 24, 2019
Closed on
Aug 13, 2019
Sold by
Schneider C & B Llc
Bought by
Keeler Jack L and Keeler Corinna L
Seller's Agent
Adam Vibber
CENTURY 21 LEE-MAC REALTY
Buyer's Agent
Mary Beard
43 NORTH REALTY
List Price
$49,900
Sold Price
$43,500
Premium/Discount to List
-$6,400
-12.83%
Current Estimated Value
$108,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,205
Avg. Annual Appreciation
16.03%

Purchase Details

Closed on
Mar 1, 2019
Sold by
Schneider C & B Llc
Bought by
Gratiot County Treasurer

Purchase Details

Closed on
Jun 10, 2014
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 5, 2014
Sold by
Robin Robin
Bought by
Bank Of America N A

Purchase Details

Closed on
Mar 5, 2007
Sold by
James M James M and Burt Deborah L
Bought by
Burt James M and Burt Deborah L

Purchase Details

Closed on
Apr 21, 1998
Bought by
Burt

Purchase Details

Closed on
Mar 25, 1991
Bought by
Best
Source: Public Records

Range of Values:

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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
Keeler Jack L $43,500 Alma Abstract & Title
Gratiot County Treasurer $1,984 None Available
Federal Home Loan Mortgage Corporation -- --
Bank Of America N A $2,161 --
Burt James M -- --
Burt $26,900 --
Best $24,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2023 09/29/23 Sold $85,000 -5.6% $81 / Sq Ft
08/23/2023 08/23/23 Pending -- -- --
08/07/2023 08/07/23 For Sale $90,000 +106.9% $86 / Sq Ft
08/13/2019 08/13/19 Sold $43,500 -12.8% $42 / Sq Ft View Prior Sale
04/24/2019 04/24/19 For Sale $49,900 +399.0% $48 / Sq Ft
12/08/2015 12/08/15 Sold $10,000 -49.7% $8 / Sq Ft View Prior Sale
11/18/2015 11/18/15 Pending -- -- --
08/10/2015 08/10/15 For Sale $19,900 -- $15 / 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 $2,030 $49,700 $0 $0
2024 $2,030 $42,300 $0 $0
2023 $96 $38,000 $0 $0
2022 $96 $29,500 $0 $0
2021 $96 $30,000 $0 $0
2020 $96 $30,100 $0 $0
2019 -- $22,200 $0 $0
2018 -- $20,200 $0 $0
2017 -- $21,100 $0 $0
2016 -- $20,700 $0 $0
2015 -- $19,900 $0 $0
2014 -- $20,500 $0 $0
2013 -- $20,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1914417

Northern Great Lakes REALTORS® MLS

APN: 51-021-085-00