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120 Greenwood St, Sterling, MI, 48659

10beds
8baths
4,000sqft
$44,900
$11price/sqft
$747/moest. monthly cost
$29,880/yrincome needed

About This Home

Giant home in need of extensive work. Was previously used as a retirement home. This property needs a new roof and every single room touched. The roof is leaking. This would be a cash only deal. No utilities are on and all mechanicals need replaced.

Getting Around

25
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

--
7/10

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Basement
  • Construction materials: Wood Siding

Type & Style

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

Interior

Basement

  • Has basement: Yes

Bathroom1

  • Level: First
  • Area: 100

Bathroom2

  • Level: First
  • Area: 150

Bathroom3

  • Level: Second
  • Area: 100

Bathroom4

  • Level: Second
  • Area: 100

Bathroom5

  • Level: Second
  • Area: 100

Bedroom

  • Level: Second
  • Area: 225

Bedroom1

  • Level: Entry
  • Area: 225

Bedroom2

  • Level: Entry
  • Area: 150

Bedroom3

  • Level: First
  • Area: 225

Bedroom4

  • Level: First
  • Area: 225

Bedroom5

  • Level: Second
  • Area: 225

Bedrooms & Bathrooms

  • Bedrooms: 10
  • Bathrooms: 8
  • Full bathrooms: 8

Features

  • Finished area below ground: 0
  • Finished area above ground: 4,000

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total structure area: 7,000
  • Total interior livable area: 4,000 sqft

Kitchen

  • Area: 225

Property

Details

  • Parcel number: 005100000030000
  • Special condition: Private

Features

  • Levels: Two
  • Stories: 2
  • Frontage type: Road
  • Frontage length: 100

Lot

  • Lot size: 0.47 Acres
  • Lot size dimensions: 20473

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

  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Lightning
Strong Wind
Winter Weather
Cold Wave
Hail
Tornado
Tsunami

FEMA Declared Disasters in Arenac 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 $227$2,724
Home Insurance *$47$564
Property Taxes $37$444
Electricity $436$5,235
Total$747$8,964
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$25,611/yr
40% on housing$22,410/yr
45% on housing$19,920/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: 7.0%
7.0%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: -1.2%
-1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$11This listing

vs Other Active Listings

Avg $/sqft

ZIP 48659$76
Arenac County$105

vs Homes Sold Last Month

Median $/sqft

ZIP 48659
Arenac County$71

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)

No zestimate history available

Price History

DateEventPrice
2026-04-07Listed for sale$44,900

For Sale by Agent

AgentJustin Ferullo
BrokerageKeller Williams Preferred

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