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516 Grover Ave

Alma, MI 48801

4 bd 2 ba 2,092 sqft Built 1929 Lot 36,155 sqft single_family
Most recent sale
$85,000
Sep 22, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 22, 2024 Price changed $75,000 NGLRMLS
Apr 29, 2024 Listed $80,000 NGLRMLS
Apr 25, 2024 Listing removed $74,500 MiRealSource
Apr 19, 2024 Price changed $74,500 MiRealSource
Mar 19, 2024 Listed $99,900 MiRealSource
Sep 22, 2023 Sold $85,000 NGLRMLS
Jul 24, 2023 Listed $85,000 NGLRMLS
Jul 20, 2023 Listing removed NGLRMLS
Jun 25, 2023 Price changed $85,000 NGLRMLS
May 4, 2023 Price changed $95,000 NGLRMLS
Apr 10, 2023 Price changed $98,000 NGLRMLS
Jan 30, 2023 Price changed $105,000 NGLRMLS
Jan 5, 2023 Listed $110,000 NGLRMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2003 $33,200 $108

Property facts

Year built
1929
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,092 sqft
Lot size
36,155 sqft
ZIP code
48801
City
Alma
Street
Grover Ave
Coordinates
43.36794, -84.64694

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$510
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 516 Grover Ave last sell?
516 Grover Ave most recently sold on Sep 22, 2023 for $85,000.
What is the current tax assessment for 516 Grover Ave?
The most recent total assessment for 516 Grover Ave (year 2003) is $33,200 with $108 in property tax.
How does 516 Grover Ave's assessment compare to its last sale price?
The current assessment is 60.9% below the last sale price of $85,000.
When was 516 Grover Ave built?
516 Grover Ave was built in 1929.
How does 516 Grover Ave compare to others on Grover Ave?
We track 8 other properties on Grover Ave. Browse the list under "Other properties on Grover Ave" to compare beds, baths, and sale history.
What are the property facts for 516 Grover Ave?
516 Grover Ave is a 4 bed, 2 bath, 2,092 sqft, 36,155 sqft lot single_family.
Is 516 Grover Ave a flip candidate?
No — 516 Grover Ave does not appear in our flips dataset.
Is 516 Grover Ave a tax-appeal candidate?
No — 516 Grover Ave 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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