4055 Velma DR , Fort Gratiot Township, MI 48059
Est. $1,101/mo with current taxes · · See the breakdown
About this home
Charming Home in a Convenient Location! Discover the possibilities with this 1968 manufactured home situated on its own land, featuring an additional living space for added versatility. Recent updates make this home move-in ready, whether you're looking for a place to call home or a great addition to your real estate investment portfolio. Enjoy the convenience of being close to shopping, dining, and everyday amenities while nestled in a quiet neighborhood. Don't miss this opportunity to make it your own!
Monthly payment
The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then.The uncapped tax line is this home's bill after it uncaps: half the price times 28.14 mills, the 2025 homestead rate here. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.
The facts
| Price | $129,900 |
| Beds | 2 |
| Baths | 1 full |
| Square feet | 800 |
| Type | Single family residence |
| Subdivision | — |
| County | StClair |
| MLS # | 20261086249 |
| Listed | 2026-10-23 |
| Days on market | 10 |
| Year built | 1968 |
| Possession | At closing |
| Stories | 1 story |
| Heating | Forced air, Natural gas |
| Foundation | Crawl space, Pillar/post/pier |
| Water / Sewer | City water & sewer |
| Parcel number | 74200224014000 |
| Listing office | Real Estate Masters |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $19,554 | about $64,950 |
| Yearly property tax | $1,303 | about $1,828 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $525 a year more than this seller pays. The assessor's state equalized value (SEV) is $27,300. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Fort Gratiot Township's 2025 homestead rate of 28.14 mills and assumes you claim the homestead exemption. See Fort Gratiot Township's full tax breakdown or run the uncapping calculator.
Location
IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-11-02T23:11+00:00; refreshed at least twice daily.