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315 Elwell St

Alma, MI 48801

2 bd 2 ba 2,040 sqft Built 1946 Lot 14,375 sqft single_family
Most recent sale
$185,000
Mar 26, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 26, 2024 Sold $185,000 NGLRMLS
Jan 18, 2024 Listed $179,500 NGLRMLS
Apr 15, 2022 Sold $147,500 MLS #1897606
Mar 17, 2022 Listed $144,900 MLS #1897606

Tax assessment history

YearBuildingLandTotal assessedTax paid
2003 $49,300 $257

Property facts

Year built
1946
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
2,040 sqft
Lot size
14,375 sqft
ZIP code
48801
City
Alma
Street
Elwell St
Coordinates
43.38544, -84.66526

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,110
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 315 Elwell St last sell?
315 Elwell St most recently sold on Mar 26, 2024 for $185,000.
What is the current tax assessment for 315 Elwell St?
The most recent total assessment for 315 Elwell St (year 2003) is $49,300 with $257 in property tax.
How does 315 Elwell St's assessment compare to its last sale price?
The current assessment is 73.4% below the last sale price of $185,000.
When was 315 Elwell St built?
315 Elwell St was built in 1946.
How does 315 Elwell St compare to others on Elwell St?
We track 8 other properties on Elwell St. Browse the list under "Other properties on Elwell St" to compare beds, baths, and sale history.
What are the property facts for 315 Elwell St?
315 Elwell St is a 2 bed, 2 bath, 2,040 sqft, 14,375 sqft lot single_family.
Is 315 Elwell St a flip candidate?
Yes — 315 Elwell St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 315 Elwell St a tax-appeal candidate?
No — 315 Elwell St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.9%
Implied 1-yr
+11.5%
2026 Q2
$197.8K
2026 Q3
$202.6K
ZIP 48801 — Median Price History + Forecast

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