NOT LISTED FOR SALE

508 Wright Ave Alma, MI 48801

Estimated Value: $25,000 - $131,613

2 Beds
1.5 Baths
944 Sq Ft
$102/Sq Ft Est. Value

Last Sold August 29, 2024

Last sale price $22,500 $24 Per Sq Ft

Est. 326% increase in value since last sale

Current estimated payment $639/month

136 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Baseboard Heating
  • 4-minute walk to Wright Park
  • Shed
  • Level Lot

About This Home

As of August 2024

Looking for your next investment property? This 2 bedroom 1 1⁄2 bath home is located close to downtown, Alma College, parks and schools. Home has recently had a fire and needs repairs. On the main level is the living room, kitchen, dining room, bedroom and full bath. The upper level has the primary bedroom with a walk in closet and attached half bath. Cash only sale. Buyer will have to put a $15,006 bond to be held in escrow as to a promise to the city of Alma until buyer can obtain a occupancy permit.

Last Agent to Sell the Property

Susan Massaway

RESULTS REALTY License #6502402523 Listed on: 04/09/2024

Last Buyer's Agent

Linda Clouse

Keller Williams of NM Signature Group License #6501446238

Keller Williams of NM Signature Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 82x50
  • Level Lot
  • The community has rules related to zoning restrictions

Parking

  • Gravel Driveway

Home Design

  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 944 Sq Ft Home
  • 1.5-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Shed

Utilities

  • Baseboard Heating
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1.5 Story
  • Estimated Year Built: 1947
  • Construction: Frame
  • Section Number: 34
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1947

Interior Features

  • Bedrooms: 2
  • Bedroom 1: Dimensions: 9x13, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 12x15, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 1.5
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 8x6, On Level: Main Floor, Flooring: Carpet
  • Kitchen: Dimensions: 6x10, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 18x15, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 944
  • Price Per Sq Ft: 23.83
  • Range: R 3W
  • Total Finished Sf Apx: 944

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Exterior Finish: Vinyl
  • Foundation: Crawl Space
  • Number Of Acres: 0.1
  • Road: Gravel
  • Roof: Asphalt

Garage/Parking

  • Driveway: Gravel

Utilities

  • Heating Cooling Types: Baseboard
  • Laundry: Dimensions: 5x2, On Level: Main Floor, Flooring: Wood
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Municipal

Schools

  • School District: Alma Public Schools

Lot Info

  • Land Features: Level
  • Lot Dimensions: 82X50
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: 1449.57
  • Taxable Value: 23518
  • Total Taxes: 1513.38
  • Winter Taxes: 63.81
  • Year Summer: 2022
  • Year Winter: 2022

MLS Schools

  • School District: Alma Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
Aug 29, 2024
Sold by
Crampton Barbara J
Bought by
Zeneberg Craig
Seller's Agent
Susan Massaway
RESULTS REALTY
Buyer's Agent
Linda Clouse
Keller Williams of NM Signature Group
List Price
$40,000
Sold Price
$22,500
Premium/Discount to List
-$17,500
-43.75%
Views
272
Current Estimated Value
$95,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,403
Avg. Annual Appreciation
297.80%

Purchase Details

Closed on
May 20, 1993
Bought by
Crampton Roger and Crampton Barba
Source: Public Records

Range of Values:

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Average Value
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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
Zeneberg Craig $22,500 --
Crampton Roger $25,300 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2024 08/29/24 Sold $22,500 -10.0% $24 / Sq Ft
06/17/2024 06/17/24 Price Changed $25,000 -16.7% $26 / Sq Ft
05/10/2024 05/10/24 Price Changed $30,000 -25.0% $32 / Sq Ft
04/09/2024 04/09/24 For Sale $40,000 -- $42 / 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 $1,541 $43,600 $0 $0
2024 $1,541 $10,300 $0 $0
2023 $122 $33,400 $0 $0
2022 $122 $34,500 $0 $0
2021 $122 $32,200 $0 $0
2020 $122 $30,600 $0 $0
2019 -- $24,500 $0 $0
2018 -- $24,400 $0 $0
2017 -- $25,200 $0 $0
2016 -- $20,800 $0 $0
2015 -- $20,200 $0 $0
2014 -- $21,700 $0 $0
2013 -- $21,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1920972

Northern Great Lakes REALTORS® MLS

APN: 51-344-767-00