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Three Oaks 49128
108 Featherbone Avenue
$90,000
● House - Off Market

108 Featherbone Avenue

Three Oaks, MI 49128
bedrooms
Studio
bathrooms
0 Bath
square feet
1,200 Ft²
$98,804
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Ideally located in the village of Three Oaks just down the street from Welter's Folly and Journeyman Distillery. Put this house back together and enjoy small town life that is alive with the arts, markets, delicious dining, fascinating shopping & the world's largest flag day parade ! House is gutted, no stairs to second floor and filled with building supplies. Supplies include Rheem, on demand water heater, wiring, plumbing & plumbing fixtures etc. Included with sale.  Sale is ''as is''. Cash only.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$79
Property Type
House
Property Taxes
$174
HOA Dues
-
Year Built
1915

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #22036863)

Price History

Date / Event Date Event Price
Sep 13, 2022 Sold
Premium
Sold
Aug 25, 2022 Listed by Coldwell Banker Realty $95,000
Listed by Coldwell Banker Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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 Count: 200
  • 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: 6,273
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,650
  • Building Area: 1,650
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,650
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FEATHERBONE ADD
  • Land Acres: 0000000144
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 3 FEATHERBONE ADD TO VILL OF THREE OAKS

Neighborhood

  • School District Name: River Valley School District
  • School Tax School District: RIVER VALLEY
  • Census Tract: 011400

Geography

  • Assessors Map Reference: 003-3
  • District: 47
  • Parcel: 47-2300-0003-00-1
  • Lot: 3
  • Municipality: THREE OAKS TWP
  • Latitude: 41.8045
  • Longitude: -86.6117

    Address

  • Full Address: 108 Featherbone Ave
  • Legal Unit: 3
  • Address - House Number: 108
  • Address - Street Name: Featherbone
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Three Oaks
  • Carrier Code: C002
  • 4-Digit Zip Code: 1172
  • Zip Code: 49128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $171,192
  • Initial Tax Delinquent Year: 2016

    Appraisal Valuation

  • Standard Deviation: 0.1016
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 90
  • Final Value: 92,799
  • High Value: 102,235
  • Low Value: 83,362

    Market Valuation

  • Market Total Value: $152,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $76,100

    Sales

  • Current Sale Contract Date: Jul 30, 1996
  • Current Sale Recording Date: Jul 30, 1996
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 04, 1987
  • Previous Sale Contract Date: Nov 04, 1987
  • Previous Sale Document Type: 27
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 Three Oaks

Stats & Trends

Median Asking:

$379,250

Sale Price/ft²

$243

Below Asking

0.06%

Average Days on Market

77

Average Home Size

1819 ft²

Average Home Age

85.5 years

Currently For Sale

14 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

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MichRIC

Listed by: Cathy Smith, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22036863
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 108 Featherbone Avenue built and last sold?
The property at 108 Featherbone Avenue was built in 1915 and last sold on Jul 30, 1996 for $0.
How much is this home worth?
The estimated value of the home located at 108 Featherbone Avenue is $0.
What are some comparable homes to 108 Featherbone Avenue?
There are currently no comparable homes to 108 Featherbone Avenue.
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