NOT LISTED FOR SALE

Alma, MI 48801

Estimated Value: $119,000 - $151,728

3 Beds
3 Baths
2,400 Sq Ft
$57/Sq Ft Est. Value

Last Sold August 27, 2013

Last sale price $45,500 $19 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $881/month

72 Days on Market

Highlights

  • Deck
  • Forced Air Heating and Cooling System
  • 2-minute walk to Riverside Park
  • Porch
  • Wood Siding

About This Home

As of August 2013

THREE RENTAL UNITS IN ONE HOUSE WITH A GREAT RENTAL HISTORY. ONE TENANT HAS BEEN THERE FOR OVER TEN YEARS. EACH UNIT RENTS FOR $400.00 PER MONTH. CURRENT TENANTS ARE MONTH TO MONTH. THE HOUSE HAS TOTALLY REMODELED BATHROOMS, SOME NEW WINDOWS AND A METAL ROOF ON THE MAJORITY OF THE HOUSE. THERE ARE THREE FURNACES AND THE TENANTS PAY THEIR OWN GAS AND ELECTRICAL. THE CURRENT OWNER PAYS THE CITY WATER BILL.

Last Agent to Sell the Property

Jayson Sumerix

CENTURY 21 LEE-MAC REALTY License #6502406586 Listed on: 05/08/2013

CENTURY 21 LEE-MAC REALTY

Last Buyer's Agent

MIKE MAZUREK

NEW HORIZONS REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,044

Year Built

  • Built in 1940

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 82.5 x 280.5
  • The community has rules related to zoning restrictions

Home Design

  • Frame Construction
  • Asphalt Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Oven or Range

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 3 Units
  • City Of Alma Community

Listing and Financial Details

  • Rent includes water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,044

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Style: 2 Story
  • Estimated Year Built: 1940
  • Construction: Frame
  • Percent Of Remodel: 10
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1940
  • Year Renovated: 2012

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Natural Gas Water Heater
  • Range: R 3W
  • Total Finished Sf Apx: 2400

Exterior Features

  • Exterior Features: Deck, Porch
  • Exterior Finish: Wood
  • Foundation: Full
  • Number Of Acres: 0.52
  • Road: Public Maintained
  • Roof: Asphalt, Metal

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: 82.5 X 280.5
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Multi-Family

Rental Info

  • Included In Lease: Water

Tax Info

  • Summer Taxes: 1011.95
  • Total Taxes: 1043.8
  • Winter Taxes: 31.85
  • Year Winter: 2012

Multi Family

  • Total Number Units: 3

MLS Schools

  • School District: Alma Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2013
Closed on
Aug 27, 2013
Sold by
Stoner George and Stoner Suanne
Bought by
Eyal Guy
Seller's Agent
Jayson Sumerix
CENTURY 21 LEE-MAC REALTY
Buyer's Agent
MIKE MAZUREK
NEW HORIZONS REALTY
List Price
$54,900
Sold Price
$45,500
Premium/Discount to List
-$9,400
-17.12%
Current Estimated Value
$136,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,182
Avg. Annual Appreciation
9.34%
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
Eyal Guy $45,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2013 08/27/13 Sold $45,500 -17.1% $19 / Sq Ft
07/19/2013 07/19/13 Pending -- -- --
05/08/2013 05/08/13 For Sale $54,900 -- $23 / 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 $1,978 $80,400 $0 $0
2024 $1,978 $68,400 $0 $0
2023 $82 $62,500 $0 $0
2022 $82 $51,200 $0 $0
2021 $82 $48,100 $0 $0
2020 $82 $50,000 $0 $0
2019 -- $29,900 $0 $0
2018 -- $26,300 $0 $0
2017 -- $26,800 $0 $0
2016 -- $26,900 $0 $0
2015 -- $25,800 $0 $0
2014 -- $26,300 $0 $0
2013 -- $30,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jayson Sumerix

    Seller's Agent in 2013

    Jayson Sumerix

    CENTURY 21 LEE-MAC REALTY

    (989) 620-0350

    80 in this area

    180 Total Sales

    Jayson Sumerix
    Section Image

  • M

    Buyer's Agent in 2013

    MIKE MAZUREK

    NEW HORIZONS REALTY

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Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1745267

Northern Great Lakes REALTORS® MLS

APN: 51-031-549-00

Michigan Gratiot County Alma

48801

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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