See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

58 Salem St, Hillsdale, MI, 49242

2beds
2baths
896sqft
$247,000
$276price/sqft
$1,908/moest. monthly cost
$76,320/yrincome needed

About This Home

If you're looking for a property near the Hillsdale College campus that is move in ready, look no further! 2 blocks from the football field & Academy Lane, this home is certainly walking distance and is tucked away on a quiet side street. The spacious feel inside will pleasantly surprise you; the kitchen is generous and the basement is bone dry, with plenty of storage space, a workshop area, and 2nd full bath. Roof is under 10 years old, deck has been resealed recently. 2 car detached garage, shed, & paved parking pad. Hardwood floors, water softener, and appliances included! Occupy yourself, or consider a student rental or Air BNB? Don't wait on this one!

Getting Around

54
WalkingSomewhat Walkable
0
TransitVery Limited Transit
56
BikeBikeable

Schools

5/10
Davis Middle SchoolGrades 5-80.6 mi
5/10
Hillsdale High SchoolGrades 9-120.9 mi
4/10
Gier Elementary SchoolGrades K-41.0 mi

Construction

Condition

  • Year built: 1955

Materials

  • Construction materials: Brick,Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Oven,Range,Refrigerator,Washer
  • Laundry features: In Basement

Basement

  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 2

Features

  • Finished area below ground: 40

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 896
  • Total interior livable area: 896 sqft

Property

Details

  • Parcel number: 00612612710

Features

  • Stories: 1

Lot

  • Lot size: 6,969 sqft
  • Features: Corner Lot
  • Lot size dimensions: 80 x 87

Parking

  • Total spaces: 2
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Strong Wind
Tornado
Hail
Ice Storm
Winter Weather

FEMA Declared Disasters in Hillsdale County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,248$14,976
Home Insurance *$147$1,764
Property Taxes $325$3,900
Electricity $188$2,259
Total$1,908$22,896
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$65,417/yr
40% on housing$57,240/yr
45% on housing$50,880/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.2%
7.2%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 2.6%
2.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$276This listing

vs Other Active Listings

Avg $/sqft

ZIP 49242$158
Hillsdale County$164

vs Homes Sold Last Month

Median $/sqft

ZIP 49242$139
Hillsdale County$159

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-06Listed for sale$262,000
2025-11-01Listing removed$260,000
2025-07-26Listed for sale$260,000
2024-06-27Sold$170,000
2024-06-17Contingent$139,900
2024-06-11Listed for sale$139,900
2016-11-04Sold$55,000
2016-10-18Listed for sale$49,900

For Sale by Agent

AgentChristie M Plemmons
BrokerageChristie Plemmons Realty

Similar Homes