NOT LISTED FOR SALE

508 Wright Ave Alma, MI 48801

Alma Area

Estimated Value: $114,000 - $140,000

2 Beds
1.5 Baths
944 Sq Ft
$135/Sq Ft Est. Value

Sale Details

Date Sold: August 29, 2024

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

Est. 467% increase in value since last sale

Current estimated payment $828 / mo

136 Days on Market

Highlights

  • Shed
  • Level Lot
  • 4-minute walk to Wright Park
  • Baseboard Heating

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

Keller Williams of NM Signature Group

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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

Outdoor Features

  • Shed

Utilities

  • Baseboard Heating
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1.5 Story
  • Estimated Year Built: 1947
  • Construction: Frame
  • 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
  • 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

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
  • Total Taxes: 1513.38
  • Winter Taxes: 63.81
  • Year Winter: 2022

MLS Schools

  • School District: Alma Public Schools

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
Aug 29, 2024
Sold by
Bought by
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
$127,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,102
Avg. Annual Appreciation
139.18%

Purchase Details

Closed on
May 20, 1993
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Alma, MI

  • Kyle Slagell Real Estate Agent - LHC REALTY, LLC

    Kyle Slagell

    LHC REALTY, LLC

    (989) 436-4938

    10 Total Sales

    1 in Alma

    $170,000 Price

    Kyle Slagell
     Section Image
  • Missy Lord Real Estate Agent - RE/MAX Real Estate Professionals Dewitt

    Missy Lord

    RE/MAX Real Estate Professionals Dewitt

    (517) 272-8399

    587 Total Sales

    2 in Alma

    $170K - $213K Price Range

    Missy Lord
     Section Image
  • Marci Browne Real Estate Agent - AMERICA'S CHOICE REALTY LLC

    Marci Browne

    AMERICA'S CHOICE REALTY LLC

    (989) 533-5372

    205 Total Sales

    31 in Alma

    $50K - $360K Price Range

    Marci Browne
     Section Image
  • Frank McGillis Real Estate Agent - RE/MAX Real Estate Professionals

    Frank McGillis

    RE/MAX Real Estate Professionals

    (517) 777-8785

    273 Total Sales

    1 in Alma

    $73,000 Price

    Frank McGillis
     Section Image
  • Patti Warnke Real Estate Agent - Patti Warnke Real Estate Group

    Patti Warnke

    Patti Warnke Real Estate Group

    (810) 484-0461

    226 Total Sales

    2 in Alma

    $141K - $195K Price Range

    Patti Warnke
     Section Image
  • Tricia Boerma Real Estate Agent - BOERMA REALTY, LLC

    Tricia Boerma

    BOERMA REALTY, LLC

    (989) 567-3884

    165 Total Sales

    8 in Alma

    $88K - $240K Price Range

    Tricia Boerma
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$22,500 --
$25,300 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,541 $45,000 $0 $0
2025 $1,541 $43,600 $0 $0
2024 $1,541 $10,300 $0 $0
2023 $122 $33,400 $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

  • Susan Massaway Real Estate Agent - RESULTS REALTY

    Seller's Agent in 2024

    Susan Massaway

    RESULTS REALTY

    (989) 620-1837

    173 Total Sales

    Susan Massaway
    Section Image
  • Linda Clouse Real Estate Agent - Keller Williams of NM Signature Group

    Buyer's Agent in 2024

    Linda Clouse

    Keller Williams of NM Signature Group

    (989) 621-9674

    62 Total Sales

    Linda Clouse
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1920972

Northern Great Lakes REALTORS® MLS

APN: 51-344-767-00

Michigan Gratiot County Alma 48801

508 Wright Ave, Alma, MI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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 2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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