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Off market
  • $242,500

    506 E Elizabeth St, Alma, MI 48801

    3beds
    1,975sqft
    SingleFamily
    Built in 1958
    2.07 Acres Lot
    $242,500 Zestimate®
    $123/sqft
    $1,860 Estimated rent

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    What's special

    (Distressed home NEEDS WORK!) ***CASH TALKS MAKE OFFER!!*** We are willing to sell below market price. This home has huge potential. This home has lots of space throughout. It has a large open kitchen that overlooks the huge family room with a wall to wall fireplace. Open and flowing floorplan with good size bedrooms, formal dining room and an extra living room. Full finished basement. Attached 1 car. Detached 2.5 car garage. 2 decks. Double lot with mature trees. Newer vinyl siding with house wrap insulation around entire home. Most every window replaced. Newer central air. Newer roof. Most every door replaced. Newer sump pump. Sewer line replaced. New outside faucets. Furnace was just serviced (Natural gas hot water heat with 2 zones .....good steady reasonable heating cost) This home has been owned by a disabled person for the last 8 years. Home ownership has become too difficult for him which in turn has this home to be neglected the last few years cosmetically and normal upkeep we all take for granted. He has since been moved in with family. This large ranch is in need of attention. Most everything is cosmetic. First off.... a good heavy cleaning is in order. Most all of the homes contents have been removed. Secondly new floor covering throughout. (HARDWOOD FLOORS EXIST IN ALL BEDROOMS AND LIVING ROOM.) Every inch of this home needs painting. A full gut of the main bathroom is in order. A full gut of the finished basement in in order as well. The basement does leak during heavy rains due to mostly unattended....failing gutters and landscaping errors near foundation. (This is the homes biggest flaw and would not take much to correct) The kitchen could get by with just new appliances, counter tops and flooring. (The existing appliances stay and are in good working order.) The electrical is in good working order. The plumbing is in good working order. The driveway is in need of a center section resurface. The Garage pad and approach are fine as well as the end near road. The section in front of 1 car garage is in good shape. Landscaping is due for update.Overall this home is solid. The state assessed equalized value sits at $79,600. Other comps are closing between 80k and 100k. We paid 92k for home 7 years ago. This home has huge potential. We are willing to sell below market.....however we are not desperate. We are in no pressure to sell at all. The home is free and clear. All low ball offers will be ignored. WE ARE NOT INTERESTED IN LAND CONTRACTS. However Conventional financing will work or Private family loans. ****CASH AS ALWAYS IS KING**** FHA and VA loans will most likely not pass inspection on this home. Those type loans are not intended for fixer uppers. ***AGAIN CASH TALKS!!!! MAKE OFFER!!!***

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Appliances
    • Included: Dishwasher, Freezer, Garbage disposal, Range / Oven, Refrigerator
    Features
    • Flooring: Carpet, Concrete, Hardwood, Laminate, Linoleum / Vinyl
    • Basement: Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,975 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage - Attached, Garage - Detached
    Features
    • Exterior features: Vinyl
    • Has view: Yes
    • View description: City
    Lot
    • Size: 2.07 Acres
    Details
    • Parcel number: 5103301300

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Shake / Shingle
    Condition
    • Year built: 1958

    Community & neighborhood

    Location
    • Region: Alma
    Sell for more on Zillow
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    $242,500
    2% more+$4,850
    With Zillow Showcase(estimated)$247,350