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214 E Walnut St, Albion, MI, 49224

2beds
1baths
952sqft
$69,900
$73price/sqft
$677/moest. monthly cost
$27,080/yrincome needed

About This Home

This 2-bedroom, 1-bath home is a true blank canvas needing significant work throughout and is being sold as-is. It is an ideal project for those looking to build immediate sweat equity or add to a rental portfolio. The location offers practical convenience, situated near a local park and within walking distance to the downtown Albion business district. The property includes a small storage shed for tools or equipment. Whether you are looking for a renovation project or a deep-discount entry point into the market, this home is priced to move. Bring your contractor and your vision--this one is ready for a complete overhaul!

Getting Around

40
WalkingCar-Dependent
0
TransitVery Limited Transit
58
BikeBikeable

Schools

3/10
6/10
Marshall Middle SchoolGrades 6-810.8 mi
9/10
Marshall High SchoolGrades 9-1211.1 mi

Construction

Condition

  • Year built: 1963

Materials

  • Construction materials: Other

Type & Style

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

Interior

Appliances

  • Laundry features: None

Basement

  • Has basement: Yes
  • Basement: Other

Bedrooms & Bathrooms

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

Features

  • Finished area below ground: 0

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 952
  • Total interior livable area: 952 sqft

Property

Details

  • Parcel number: 5100137300

Features

  • Stories: 1

Lot

  • Lot size: 10,454 sqft
  • Features: Flag Lot
  • Lot size dimensions: 99 x 107.25

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
  • Hail
    HailModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Strong Wind
Hail
Tornado

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 *$58$696
Property Taxes $78$936
Electricity $188$2,259
Total$677$8,124
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$23,211/yr
40% on housing$20,310/yr
45% on housing$18,053/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

$73This listing

vs Other Active Listings

Avg $/sqft

ZIP 49224$118
Calhoun County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 49224$121
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
2026-03-14Listed for sale$78,900
2016-11-25Sold$38,000
2016-06-14Listed for sale$38,900
2016-04-01Listing removed$38,900
2016-03-21Price change$38,900
2016-02-02Price change$40,900
2015-12-30Price change$42,900
2015-11-30Price change$44,900
2015-11-05Price change$46,900
2015-09-01Price change$54,900
2015-07-31Listed for sale$59,900
2013-03-09Listing removed$39,900
2012-12-16Price change$39,900
2012-11-30Price change$44,900
2012-10-24Price change$49,900
2012-07-21Listed for sale$75,900
2011-12-12Sold$42,210

For Sale by Agent

AgentLYNN SAJDAK
BrokerageHome 1st Real Estate

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