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514 Walnut St

Alma, MI 48801

4 bd 1 ba 1,696 sqft Built 1860 Lot 9,583 sqft single_family
Most recent sale
$115,000
Nov 16, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 16, 2021 Sold $115,000 MLS #1894523
Oct 27, 2021 Listed $115,000 MLS #1894523

Tax assessment history

YearBuildingLandTotal assessedTax paid
2003 $30,300 $141

Property facts

Year built
1860
Property type
single_family
Stories
2
Beds
4
Baths
1
Living area
1,696 sqft
Lot size
9,583 sqft
ZIP code
48801
City
Alma
Street
Walnut St
Coordinates
43.38255, -84.65444

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$690
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 514 Walnut St last sell?
514 Walnut St most recently sold on Nov 16, 2021 for $115,000.
What is the current tax assessment for 514 Walnut St?
The most recent total assessment for 514 Walnut St (year 2003) is $30,300 with $141 in property tax.
How does 514 Walnut St's assessment compare to its last sale price?
The current assessment is 73.7% below the last sale price of $115,000.
When was 514 Walnut St built?
514 Walnut St was built in 1860.
How does 514 Walnut St compare to others on Walnut St?
We track 8 other properties on Walnut St. Browse the list under "Other properties on Walnut St" to compare beds, baths, and sale history.
What are the property facts for 514 Walnut St?
514 Walnut St is a 4 bed, 1 bath, 1,696 sqft, 9,583 sqft lot single_family.
Is 514 Walnut St a flip candidate?
No — 514 Walnut St does not appear in our flips dataset.
Is 514 Walnut St a tax-appeal candidate?
No — 514 Walnut 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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