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Dowagiac 49047
107 Florence Avenue
$90,200
● House - Off Market

107 Florence Avenue

Dowagiac, MI 49047
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,835 Ft²
$92,346
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Spacious 4 bedroom 1 bathroom home located in the city limits of Dowagiac! Bring your Pinterest ideas to the table! This ranch home offers all main floor living with a living room, formal dining room, and a large kitchen with plenty of cabinetry. There is a bonus room just off the garage that could easily be finished into a mudroom. There's plenty of storage space in the unfinished full basement with a fireplace. Close to downtown shopping, restaurants, and the Dowagiac hospital. Schedule your private showing today!
Unit Size
1,835 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$44
Property Type
House
Property Taxes
$108
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MichRIC MLS #20048180)

Price History

Date / Event Date Event Price
Jul 20, 2021 Sold
Premium
Sold
Nov 19, 2020 Listed by Cressy & Everett Real Estate $79,900
Listed by Cressy & Everett Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DR MC MASTERS ADD
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: . DW 1652 LOT 16 DR. MC MASTER'S ADD CITY OF DOWAGIAC.

Neighborhood

  • School District Name: Dowagiac Union Schools
  • School Tax School District: DOWAGIAC UNION
  • Census Tract: 002000

Geography

  • District: 160
  • Parcel: 14-160-200-671-00
  • Lot: 16
  • Municipality: DOWAGIAC CITY
  • Latitude: 41.9917
  • Longitude: -86.1019

    Address

  • Full Address: 107 Florence Ave
  • Address - House Number: 107
  • Address - Street Name: Florence
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Dowagiac
  • Carrier Code: C001
  • 4-Digit Zip Code: 1301
  • Zip Code: 49047

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $136,331

    Appraisal Valuation

  • Standard Deviation: 0.2671
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 46
  • Final Value: 148,484
  • High Value: 188,147
  • Low Value: 108,820

    Market Valuation

  • Market Total Value: $103,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $51,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 16, 2021
  • Current Sale Recording Date: Jul 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Dowagiac

Stats & Trends

Median Asking:

$140,000

Sale Price/ft²

$114

Below Asking

0.03%

Average Days on Market

57

Average Home Size

1361 ft²

Average Home Age

84.4 years

Currently For Sale

21 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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MichRIC

Listed by: Shelly Myers, Cressy & Everett Real Estate
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 20048180
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 107 Florence Avenue built and last sold?
The property at 107 Florence Avenue was built in and last sold on Jul 16, 2021 for $90,200.
How much is this home worth?
The estimated value of the home located at 107 Florence Avenue is $89,240.
What are some comparable homes to 107 Florence Avenue?
There are currently no comparable homes to 107 Florence Avenue.
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