NOT LISTED FOR SALE

525 Gratiot Ave Alma, MI 48801

Estimated Value: $230,000 - $270,000

5 Beds
2.5 Baths
3,269 Sq Ft
$75/Sq Ft Est. Value

Last Sold November 08, 2019

Last sale price $162,000 $50 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,656/month

93 Days on Market

Highlights

  • Mud Room
  • Home Gym
  • Beamed Ceilings
  • Screened Porch
  • Breakfast Area or Nook
  • 3-minute walk to Riverwalk

About This Home

As of November 2019

WHAT A GREAT 4 POSSIBLE 5 BEDROOM, 2 1/2 BATH HOME IN ALMA. THIS HOME HAS BEEN GONE OVER THE LAST FEW YEARS AND IS IN EXCELLENT CONDITION. WE START OUTSIDE WITH A WELL LANDSCAPED YARD, COMPLETE WITH AREAS OF STAMPED CONCRETE, A FLOWING WATER FEATURE AND A PUTTING GREEN. STEP UP THE FRONT STEPS INTO THE WONDERFUL FRONT PORCH THAT IS ENCLOSED. INSIDE THE HOME YOU'LL SEE BEAUTY THROUGHOUT. THE FRONT FOYER, DINING ROOM, ISLAND KITCHEN AND LIVING ROOM ARE VERY ELEGANT BUT HAVE MODERN TOUCHES. SECOND FLOOR HOSTS 4 GOOD SIZED BEDROOMS ALONG WITH A GORGEOUS BATH. UP ON THE THIRD FLOOR IS A REC ROOM ALONG WITH LOTS OF STORAGE. THE BASEMENT IS PARTIALLY FINISHED, WITH A POTENTIAL 5TH BEDROOM, FAMILY ROOM AND FULL BATH. ALSO ROOM FOR AN EXERCISE AREA AS WELL. FURNACE AND A/C ARE NEWER.ALMOST EVERYTHING HAS BEEN THOUGHT OF, INCLUDING A DOG SHOWER IN THE BASEMENT. THIS HOME IS MOVE IN READY AND HAS PLENTY OF SPACE FOR ANYONE WHO IS LOOKING FOR A BEAUTIFUL, LARGER HOME.

Last Agent to Sell the Property

Adam Vibber

CENTURY 21 LEE-MAC REALTY License #6506046950 Listed on: 07/01/2019

CENTURY 21 LEE-MAC REALTY

Last Buyer's Agent

David Zamarron

CENTRAL REAL ESTATE MT PLEASANT, INC. License #6501175137

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,644

Year Built

  • Built in 1921

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 40 x 151
  • Fenced Yard
  • Landscaped
  • Level Lot
  • The community has rules related to zoning restrictions

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 3,269 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Gas Fireplace
  • Mud Room
  • Entrance Foyer
  • Formal Dining Room
  • Screened Porch
  • Home Gym

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Patio
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • Original Town Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,644

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2+ Story
  • Estimated Year Built: 1921
  • Construction: Frame
  • Principal Residence: Yes
  • Section Number: 3
  • Year Updated: 2018
  • Year Renovated: 2018
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1921

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher
  • Interior Amenities: Foyer Entrance, Breakfast Nook, Island Kitchen, Mud Room, Formal Dining Room, Exercise Room, Beamed Ceilings, Drywall
  • Bedrooms: 5
  • Bedroom 1: Dimensions: 11x13, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 10x11, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 10x11, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 11x11, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 2.5
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Floor Primary: No
  • Dining Room: Dimensions: 12x12, On Level: Main Floor, Flooring: Wood
  • Family Room: Dimensions: 12x20, On Level: Upper Floor, Flooring: Carpet
  • Kitchen: Dimensions: 12x16, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 12.5x27, On Level: Main Floor, Flooring: Wood
  • Other Room: Dimensions: 12x16, On Level: Lower Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 2769
  • Estimated Below Grade Finished Sq Ft: 500
  • Estimated Below Grade Unfinished Sq Ft: 600
  • Price Per Sq Ft: 49.56
  • Range: R 3W
  • Total Finished Sf Apx: 3269

Exterior Features

  • Exterior Features: Patio, Fenced Yard, Landscaped, Screened Porch, Gutters
  • Exterior Finish: Vinyl, Brick
  • Foundation: Block
  • Number Of Acres: 0.14
  • Road: Blacktop
  • Roof: Asphalt

Garage/Parking

  • Driveway: Concrete
  • Garage Capacity: 1
  • Primary Garage: Attached

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: Dimensions: 6x10, On Level: Lower Floor, Flooring: Carpet
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Municipal

Association/Amenities

  • Development Name: Original Town

Schools

  • School District: Alma Public Schools

Lot Info

  • Land Features: Level
  • Lot Dimensions: 40 x 151
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

Tax Info

  • Summer Taxes: 1560.00
  • Taxable Value: 35338
  • Total Taxes: 1644
  • Winter Taxes: 84.00
  • Year Summer: 2018
  • Year Winter: 2019

MLS Schools

  • School District: Alma Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2020
Sold by
Falor Tracy L
Bought by
Falor Tract L and Falor Living Trust
Current Estimated Value
$245,823

Purchase Details

Listed on
Jul 1, 2019
Closed on
Nov 12, 2019
Sold by
Butcher Lonnie D and Butcher Robyn R
Bought by
Butcher Gregory M and Butcher Amanda
Seller's Agent
Adam Vibber
CENTURY 21 LEE-MAC REALTY
Buyer's Agent
David Zamarron
CENTRAL REAL ESTATE MT PLEASANT, INC.
List Price
$174,900
Sold Price
$162,000
Premium/Discount to List
-$12,900
-7.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%

Purchase Details

Listed on
Jul 1, 2019
Closed on
Nov 8, 2019
Sold by
Butcher Gregory M
Bought by
Falor Tracy L
Seller's Agent
Adam Vibber
CENTURY 21 LEE-MAC REALTY
Buyer's Agent
David Zamarron
CENTRAL REAL ESTATE MT PLEASANT, INC.
List Price
$174,900
Sold Price
$162,000
Premium/Discount to List
-$12,900
-7.38%
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
Falor Tract L -- None Available
Butcher Gregory M $117,500 Alma Abstract & Title
Falor Tracy L $162,000 Alma Abstract & Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2019 11/08/19 Sold $162,000 -4.6% $50 / Sq Ft
09/09/2019 09/09/19 Price Changed $169,900 -2.9% $52 / Sq Ft
07/01/2019 07/01/19 For Sale $174,900 +202.1% $54 / Sq Ft
11/13/2014 11/13/14 Sold $57,900 -3.3% $21 / Sq Ft
09/26/2014 09/26/14 Pending -- -- --
08/11/2014 08/11/14 For Sale $59,900 -- $22 / 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 $3,922 $118,300 $0 $0
2024 $3,922 $101,000 $0 $0
2023 $189 $94,600 $0 $0
2022 $189 $82,900 $0 $0
2021 $189 $77,800 $0 $0
2020 -- $75,300 $0 $0
2019 -- $78,600 $0 $0
2018 -- $77,300 $0 $0
2017 -- $34,800 $0 $0
2016 -- $33,500 $0 $0
2015 -- $44,700 $0 $0
2014 -- $40,800 $0 $0
2013 -- $40,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1863778

Northern Great Lakes REALTORS® MLS

APN: 51-344-564-00