For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Allegan 49010
125 Summit Drive
$120,000
● House - Off Market

125 Summit Drive

Allegan, MI 49010
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,870 Ft²
$230,783
RealtyHop Estimate
86.87%
Since Jan 1, 2015
National-US
Primary Model

About This Property

Lovely Home in the City of Allegan waiting for a family. 3 bedroom 2 bath, oak cabinets and flooring in the kitchen. Dining area has slider to the deck overlooking the woods. Cathedral ceiling living room, main floor laundry, and a 2 car garage. Daylight/walkout family room in the basement. This is your home...call today for your personal tour.
Unit Size
2,870 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$43
Property Type
House
Property Taxes
$180
HOA Dues
-
Year Built
2002

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 2 years ago (MichRIC MLS #14048750)

Price History

Date / Event Date Event Price
Aug 9, 2024 Sold
Premium
Sold
Jul 29, 2024 In contract -
In contract
Jul 27, 2024 Relisted $279,000
Relisted
Jul 11, 2024 Listed by Keller Williams GR North $279,000
Listed by Keller Williams GR North
Welcome to your new home in Allegan! Step into a bright, spacious living room with a stunning cathedral ceiling. The large master bedroom, bathroom, and convenient laundry room offer comfort and practicality. The kitchen features elegant white cabinets, updated solid surface countertops, and a stylish backsplash. The adjacent dining room has a slider to the deck, perfect for enjoying serene views of the wooded backyard and the empty lot next door. The lower level includes two cozy bedrooms and a full bathroom, providing ample space for family or guests. The inviting family room leads to a walk-out patio area, ideal for outdoor gatherings or relaxation, with a fenced yard for added privacy. Experience the perfect blend of comfort, style, and nature in this beautiful Allegan home.
Dec 26, 2014 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 40
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 674
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,809
  • Lot Size Depth Feet: 1,727
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUMMIT ESTATES
  • Land Acres: 0000000317
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: UNIT 25 SUMMIT ESTATES SEC 21 CITY OF ALLEGAN T2N R13W (02)

Neighborhood

  • School District Name: Allegan Public Schools
  • School Tax School District: ALLEGAN
  • Census Tract: 031200

Zoning

  • Zoning: R1 SFR

Geography

  • District: 51
  • Parcel: 51-400-025-00
  • Meridian: SEC 21 TWN 02N RNG 13W
  • Municipality: ALLEGAN CITY
  • Latitude: 42.5421
  • Longitude: -85.8425

    Address

  • Full Address: 125 Summit Dr
  • Legal Unit: 25
  • Address - House Number: 125
  • Address - Street Name: Summit
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Allegan
  • Carrier Code: R009
  • 4-Digit Zip Code: 8627
  • Zip Code: 49010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $333,008

    Appraisal Valuation

  • Standard Deviation: 0.2299
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 68
  • Final Value: 251,147
  • High Value: 308,901
  • Low Value: 193,393

    Market Valuation

  • Market Total Value: $175,200
  • Market Land Value: $35,000
  • Market Improvement Value: $140,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $87,600
  • Assessed Land Value: $17,500
  • Assessed Improvements Value: $70,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 19, 2014
  • Current Sale Recording Date: Dec 26, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Mar 13, 2003
  • Previous Sale Contract Date: Feb 25, 2003
  • Previous Sale Amount: $117,500
  • Previous 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 Allegan

Stats & Trends

Median Asking:

$235,000

Sale Price/ft²

$158

Below Asking

0.03%

Average Days on Market

62

Average Home Size

1774 ft²

Average Home Age

82.9 years

Currently For Sale

23 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

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Susan E Maurer, Maurer Real Estate LLC
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 14048750
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 125 Summit Drive built and last sold?
The property at 125 Summit Drive was built in 2002 and last sold on Dec 19, 2014 for $120,000.
How much is this home worth?
The estimated value of the home located at 125 Summit Drive is $0.
What are some comparable homes to 125 Summit Drive?
There are currently no comparable homes to 125 Summit Drive.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Allegan Homes for Sale
Allegan Houses for Sale
Allegan Condos for Sale
Allegan Multifamily for Sale
Allegan Land for Sale
Allegan Commercial for Sale
Allegan Homes with Basements
Allegan Homes with Pools
Nearby Property Records
Van Buren County, MI Property Records
Barry County, MI Property Records
Allegan County, MI Property Records
Kalamazoo County, MI Property Records
Ottawa County, MI Property Records
Kent County, MI Property Records
Cass County, MI Property Records
St. Joseph County, MI Property Records
Top Real Estate Agents
Top Agents in Allegan
Top Agents in 49010