Investor Special in the Village of Mancelona Priced to sell. 316 E State St offers strong potential for your next flip or income property. This 2-bedroom, 1-bath home needs renovation but already has key updates completed, including a new metal roof and garage door (August 2021), plus a new furnace and electrical panel (August 2020). Whether you’re looking for your next flip, a rental investment, or a personal project, this property is ready for your vision. Convenient village location close to shops, schools, and local amenities. Bring your tools and imagination and make this one shine With repairs and improvements, this property could be a solid addition to an investment portfolio.
Sold for $48,000
$48,000
316 E State St, Mancelona, MI 49659
2beds
700sqft
Single Family Residence
Built in ----
-- sqft lot
$49,500 Zestimate®
$69/sqft
$1,042 Estimated rent
Home value
$49,500
Estimated sales range
Not available
$1,042/mo
Zestimate® history
Owner options
List your home for rent
$1,042/mo
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$1,042/mo
Rent Zestimate®
Refinance and save
$239/mo
Est. payment
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$239/mo
Est. payment
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List your homeWhat's special
New metal roofNew furnace
Zillow last checked:
Source: Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate,MLS#: 477184
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Ceiling Fan(s)
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 700
- Total interior livable area: 700 sqft
Property
Details
- Parcel number: 054512001100
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Metal
Utilities & green energy
- Utilities for property: Water Connected, Sewer Connected, Garbage
Community & HOA
Location
- Region: Mancelona
Financial & listing details
- Price per square foot: $69/sqft
- Tax assessed value: $95,200
- Annual tax amount: $918
- Date on market: 7/17/2025
- Lease term: Contact For Details
Price history
| Date | Event | Price |
|---|---|---|
| 3/23/2026 | Sold | $48,000-12.7%$69/sqft |
Source: Public Record Report a problem | ||
| 1/30/2026 | Price change | $55,000-8.3%$79/sqft |
Source: | ||
| 10/7/2025 | Price change | $60,000-7.7%$86/sqft |
Source: | ||
| 9/16/2025 | Price change | $65,000-7.1%$93/sqft |
Source: | ||
| 8/18/2025 | Price change | $70,000-6.7%$100/sqft |
Source: | ||
| 8/5/2025 | Price change | $75,000-15.7%$107/sqft |
Source: | ||
| 7/25/2025 | Price change | $89,000-10.1%$127/sqft |
Source: | ||
| 7/17/2025 | Listed for sale | $99,000$141/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $918 +3.6% | $47,600 +8.7% |
| 2024 | $886 +6.2% | $43,800 +6.6% |
| 2023 | $835 | $41,100 +42.7% |
| 2022 | -- | $28,800 +13.8% |
| 2021 | -- | $25,300 -6.6% |
| 2020 | -- | $27,100 +21.5% |
| 2017 | $762 | $22,300 +19.3% |
| 2016 | -- | $18,700 -5.6% |
| 2015 | -- | $19,800 +8.8% |
| 2014 | -- | $18,200 +7.1% |
| 2013 | -- | $17,000 -3.4% |
| 2011 | -- | $17,600 -3.8% |
| 2010 | -- | $18,300 |
Find assessor info on the county website
Neighborhood: 49659
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Nearby schools
GreatSchools rating
- 7/10Mancelona Middle SchoolGrades: PK,5-8Distance: 0.6 mi
- 4/10Mancelona High SchoolGrades: 9-12Distance: 1.1 mi
- 8/10Mancelona Elementary SchoolGrades: PK-4Distance: 0.8 mi
- Michigan
- Antrim County
- Mancelona
- 49659
- 316 E State St