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305 E Adams St, Homer, MI, 49245

2beds
1baths
1,090sqft
$69,900
$64price/sqft
$646/moest. monthly cost
$25,840/yrincome needed

About This Home

Investor Special in Homer! 305 E Adams St offers a value-add opportunity for investors or skilled handypersons. The property is in need of repairs and updating and is being sold as-is. Ideal for renovation, rental, or resale. Convenient location with strong potential for the right buyer. Agent Owned

Getting Around

52
WalkingSomewhat Walkable
0
TransitVery Limited Transit
59
BikeBikeable

Schools

7/10
Homer Middle SchoolGrades 5-80.4 mi
7/10

Construction

Condition

  • Year built: 1900

Materials

  • Roof: Shingle
  • Construction materials: Aluminum Siding,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Michigan Basement

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 1

Features

  • Window features: Storms
  • Finished area below ground: 0

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 1,090
  • Total interior livable area: 1,090 sqft

Property

Details

  • Parcel number: 4312023300

Features

  • Stories: 2
  • Patio & porch: Scrn Porch

Lot

  • Lot size: 8,712 sqft
  • Features: Level
  • Lot size dimensions: 66 x 132

Parking

  • Total spaces: 1
  • Parking features: Detached,Attached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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

  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Cold Wave
Hail
Tornado
Winter Weather

FEMA Declared Disasters in Calhoun 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 $353$4,236
Home Insurance *$27$324
Property Taxes $78$936
Electricity $188$2,259
Total$646$7,752
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$22,148/yr
40% on housing$19,380/yr
45% on housing$17,226/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: 5.0%
5.0%
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

$64This listing

vs Other Active Listings

Avg $/sqft

ZIP 49245$133
Calhoun County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 49245$178
Calhoun County$132

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
2026-04-30Price change$74,500
2026-01-29Listed for sale$79,000
2026-01-10Pending sale$79,000
2026-01-08Listed for sale$79,000
2026-01-01Listing removed$89,500
2025-08-19Listed for sale$89,500

For Sale by Agent

AgentDarrell Sillings
BrokerageP & S File Land Company, LLC

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