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5010 Universal Dr, Midland, MI, 48640

3beds
2baths
1,473sqft
$199,999
$136price/sqft
$1,537/moest. monthly cost
$61,480/yrincome needed

About This Home

Beautifully Updated 3-Bedroom, 2-Bath Condominium with Modern Comforts and Thoughtful Design Step into comfort and convenience in this beautifully maintained 3-bedroom, 2-bath condominium featuring a desirable main-floor primary bedroom and a smart, functional layout. The main level offers easy living with an updated full bath that includes a washer and dryer for added convenience. The bright, inviting living room features a cozy gas fireplace with an elegant tile surround and the dining room opens to a private patio overlooking the peaceful common area — perfect for relaxing or entertaining. Upstairs, you’ll find two spacious bedrooms and a full bath, providing plenty of room for family, guests, or a home office. The home has been thoughtfully updated with major improvements, including a new furnace and A/C (2019), granite kitchen countertops and stainless steel appliances (2022), a custom walk-in shower (2023), and high-rise toilets (2024). Additional features include a covered entryway and an attached 2.5-car garage, offering ample parking and storage space. Close proximity to the Pere Marquette Rail Trail, restaurants, shopping and My Michigan Medical Center. Move-in ready and filled with modern updates, this home combines comfort, style, and convenience in an ideal setting.

Getting Around

32
WalkingCar-Dependent
0
TransitVery Limited Transit
50
BikeBikeable

Schools

10/10
9/10
Jefferson Middle SchoolGrades 6-82.8 mi
9/10
H.H. Dow High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1987

Materials

  • Foundation: Crawl
  • Construction materials: Wood

Type & Style

  • Home type: Condo
  • Architectural style: Other
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Range/Oven,Refrigerator,Washer,Electric Water Heater
  • Laundry features: First Level,Vinyl Floor

Bathroom1

  • Features: Vinyl Floor
  • Level: First
  • Area: 88

Bathroom2

  • Features: Vinyl Floor
  • Level: Second
  • Area: 40

Bedroom1

  • Features: Carpet
  • Level: First
  • Area: 180

Bedroom2

  • Features: Carpet
  • Level: Second
  • Area: 169

Bedroom3

  • Features: Carpet
  • Level: Second
  • Area: 143

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Features: Laminate Floor
  • Level: First
  • Area: 120

Features

  • Walk-In Closet(s)
  • Window features: Window Treatments
  • Flooring: Carpet,Carpet,Carpet,Carpet,Laminate,Vinyl,Vinyl,Vinyl,Laminate
  • Fireplace features: Gas,Living Room
  • Fireplace: Yes
  • Finished area below ground: 0

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 14,730
  • Total interior livable area: 1,473 sqft

Kitchen

  • Features: Laminate Floor
  • Level: First
  • Area: 100

Living Room

  • Features: Carpet
  • Level: First
  • Area: 304

Property

Details

  • Parcel number: 140696067

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio
  • Exterior features: Lawn Sprinkler

Parking

  • Total spaces: 2.5
  • Parking features: Attached,Electric in Garage,Garage Door Opener,Direct Access,Garage
  • Has garage: Yes
  • Attached garage spaces: 2.5
  • Covered spaces: 2.5

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

  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Inland Flooding
Strong Wind
Tornado
Hail
Lightning

FEMA Declared Disasters in Midland 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 $1,011$12,132
Home Insurance *$107$1,284
Property Taxes $231$2,772
Electricity $188$2,259
Total$1,537$18,444
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$52,697/yr
40% on housing$46,110/yr
45% on housing$40,986/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: 8.7%
8.7%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.6%
0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$136This listing

vs Other Active Listings

Avg $/sqft

ZIP 48640$147
Midland County$154

vs Homes Sold Last Month

Median $/sqft

ZIP 48640$140
Midland County$140

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
2026-07-27Price change$199,999
2026-04-21Price change$215,000
2026-02-05Price change$225,000
2025-11-28Listed for sale$230,000
2025-11-22Pending sale$230,000
2025-10-21Listed for sale$230,000
2018-02-13Listing removed$123,000
2018-01-23Pending sale$123,000
2017-12-26Listed for sale$123,000
2002-07-22Sold$115,000

For Sale by Agent

AgentRick Loose
BrokerageAyre Rhinehart Real Estate Partners

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