703 Smith ST , Algonac, MI 48001
Price cut $5,000 since it was listed at $229,900
Est. $1,734/mo with current taxes · · See the breakdown
About this home
Welcome to 703 Smith Street! This beautifully remodeled 3-bedroom, 1.5-bath home offers 1,456 square feet of living space, blending modern updates with the original character that makes a home like this special. Great care has gone into updating the home while preserving as much of its original charm as possible, including the original wood trim throughout the main floor. Inside, you'll find fresh paint, new flooring, refinished wood floors, updated bathrooms, brand new windows, and a new water heater, along with spacious bedrooms and a large dining room with plenty of room to gather. The home has been thoughtfully renovated to offer a fresh, updated feel without losing the character and details that give it personality. If you're looking for a home with the updates already taken care of and character you won't find in every house, this one is worth a look!
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 37.28 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 | $224,900 |
| Original price | $229,900 |
| Price cut | −$5,000 |
| Beds | 3 |
| Baths | 1 full, 1 half |
| Square feet | 1,456 |
| Type | Single family residence |
| Subdivision | VILLAGE OF ALGONAC |
| County | StClair |
| MLS # | 20261086254 |
| Listed | 2026-10-25 |
| Days on market | 8 |
| Year built | 9999 |
| Possession | At closing |
| Stories | 2 stories |
| Basement | Unfinished |
| Heating | Forced air, Natural gas |
| Foundation | Basement, Block |
| Garage spaces | 1.0 |
| Water / Sewer | City water & sewer |
| Parcel number | 74011050144000 |
| Listing office | Epique Realty |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $40,003 | about $112,450 |
| Yearly property tax | $1,938 | about $4,192 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $2,254 a year more than this seller pays. The assessor's state equalized value (SEV) is $93,900. 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 Algonac's 2025 homestead rate of 37.28 mills and assumes you claim the homestead exemption. See Algonac'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.