Listed by Sue Welling

Bought with PATRICIA ZAMARRON from CENTRAL REAL ESTATE MT PLEASANT, INC.

Source: Multiple Listing Service MiRealSource #1152042

321 S State St, Alma, MI, 48801

$42,000

2
1
1
1540 sq. ft.
0.81 ac.

SingleFam

30+ days on the market

Sold: Sep 15, 2016

What's around 321 S State St

About this property

Immediate occupancy. Large lot (185 x 145) in the City of Alma. Yes, all that land on the right side of the driveway goes with the house. Room for a garden or expansion. Owner replaced all the electrical including a 100 amp panel. Copper plumbing thoroughout. The furnace was replaced in 1999, water heater in 2002 and roof in 2007. New carpets in the living room and both bedrooms. The price now is at $44000. Now if you were to purchase this home for full price, zero down, 30 year mortgage, 4.5% interest your payment would be about $405 per month (it was $585 before the price drop). That $405 would include taxes and insurance. Why rent when you can buy for $405 or less a month? This is an estimate. Taxes are currently NOT homesteaded. Once the home is taxed as a personal residence, your taxes will come down. City will allow you to cover 30% of the lot with buildings. Check with permits first, but I figure you could double the size of the house and put up a 30 x 60 building and still fall within the city guidelines.

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