508 Wright Ave, Alma, MI, 48801

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508 Wright Ave, Alma$40,000

Buyer Closing Credits

$475^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingGravel, None

Year Built1947

HeatingNatural Gas, Baseboard

CoolingNatural Gas

WaterfrontNone

FireplaceNone

MLS #1920972

Lot Size0.10 Acres

StatusActive

About 508 Wright Ave

Looking for your next investment property? This 2 bedroom 1 ½ 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.

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Property Details

Property Features

Property Information:

• Architectural Style: 1.5 Story
• Year Built: 1947
• Living Area: 944 SqFt

Listing Office:

• Office Name: RESULTS REALTY
• Listing Agent: Susan Massaway

Interior Features

Interior Information:

• Appliances: None
• Interior: None
• Fireplace: None

Bedroom and Bathroom Information:

• Partial Bathrooms: 1
• Full Bathrooms: 1
• Total Bedroom Count: 2

Exterior Features

Exterior Information:

• Waterfront: None
• Exterior: None, Vinyl

Parking Information:

• Attached Garage: No
• Parking: Gravel, None

Lot Features

Lot Information:

• Lot: Level
• Lot Size: 0.10 Acres

Utilities

Utilities Information:

• Heating: Natural Gas, Baseboard
• Cooling: Natural Gas

School Info

Assigned Schools Information:

• Alma Senior High School, Public District Grades 9-12
• Pine Avenue Elementary School, Public District Grades 4-5
• Donald L. Pavlik Middle School, Public District Grades 6-8

Other

Directions Information:

• Directions: Off of W Superior head North onto Wright Ave. House will be on the Right hand.

Price Information

Listing Price Info

Price Summary:

• List Price: $40,000
• Price Per SqFt: $42/SqFt

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Housing Market Comparison

See how this home compares to others in Alma, MI.

Alma, MI

City

Med. Sold Price

$160K

Med. Price/SqFt

$104

Avg. Days On Market

46

# of Sold Homes

11

508 Wright Ave vs Alma

20 DAYS ON ROCKET

-26 Days

$40,000

-$120K Less

$42/SqFt

-$62 Less

KEY TAKEAWAY

This property is $120K less than the Median Sold Price and $62/SqFt less than other homes in Alma, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: CMIAR
• MLS Number: #1920972

Listing Office:

• Office Name: RESULTS REALTY
• Listing Agent: Susan Massaway

Copyright © 2024 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 4:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	-	$32,200
2020	-	$30,600
2019	-	$24,500
2018	-	$24,400
2017	-	$25,200

History based on county public records data.

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**Disclosures

Rocket Homes›Michigan›Gratiot County›Alma›48801›508 Wright Ave

This home is located at 508 Wright Ave in Alma, MI and zip code 48801. This 944 square foot home, which was built in 1947, sits on a 0.10 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 09, 2024 and is currently priced at $40,000.

Alma, MI housing market in March 2024 saw over 4 listings sold above listed price, more than 3 sold at listed price and over 3 sold below. The number of listings in Alma, MI increased by 13.3% between February 2024 and March 2024. Listings spent 46 days on the market in March 2024, and had a median list price of $160,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.