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Allegan 49010
141 Thomas Street
$421,000
● House - Off Market

141 Thomas Street

Allegan, MI 49010
bedrooms
2 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,374 Ft²
$596,216
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Beautiful private park like setting with an abundance of wildlife overlooking a cove on the Kalamazoo River This lovely 2 bedroom brick rancher is situated on 1.74 acres has an attached 2 car garage plus an additional heated 2 car garage with a loft. Featured  Inside this dream home  is a cathedral entrance and living room, a gas fireplace with a matching entertainment center & sound system.  Custom cherry cabinets with hard surface counter tops.  Main floor laundry, a spacious master suite. Radiant floor heat. The basement  has a finished recreational room and bathroom. Plenty of storage plus an area  that could easily be converted into an additional large bedroom if needed.  Call today for your personal tour of this fabulous home.
Unit Size
3,374 Ft²
Days on Market
-
Land Size
1.74 acres
Price per sqft
$127
Property Type
House
Property Taxes
$440
HOA Dues
-
Year Built
1999

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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 #20022332)

Price History

Date / Event Date Event Price
Aug 13, 2020 Sold
Premium
Sold
Jun 16, 2020 Listed by RE/MAX Executive $430,000
Listed by RE/MAX Executive

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 2
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 2,182
  • Garage Type: 7
  • Garage Square Area: 863
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 75,794
  • Total Building Area: 2,182
  • Building Area: 2,182
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,182
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001740
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: COM AT CTR OF SEC TH W 200.65' ON E & W 1/4 LIN TO POB TH N 281.87' TH W 137.28' TO A 1 GAS PIPE TH S 42 DEGREES 56' 14 W

Neighborhood

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

Zoning

  • Zoning: R1 SFR

Geography

  • District: 51
  • Parcel: 51-300-172-00
  • Municipality: ALLEGAN CITY
  • Latitude: 42.5143
  • Longitude: -85.8493

    Address

  • Full Address: 141 Thomas St
  • Address - House Number: 141
  • Address - Street Name: Thomas
  • Address - Suffix Type: St
  • State: MI
  • City Name: Allegan
  • Carrier Code: R006
  • 4-Digit Zip Code: 9197
  • Zip Code: 49010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $722,532

    Appraisal Valuation

  • Standard Deviation: 0.2449
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 65
  • Final Value: 446,860
  • High Value: 556,300
  • Low Value: 337,420

    Market Valuation

  • Market Total Value: $321,000
  • Market Land Value: $36,800
  • Market Improvement Value: $284,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $160,500
  • Assessed Land Value: $18,400
  • Assessed Improvements Value: $142,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 29, 2020
  • Current Sale Recording Date: Aug 13, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: May 23, 2000
  • Previous Sale Contract Date: May 23, 2000
  • 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 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

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MichRIC

Listed by: Susan E Maurer, RE/MAX Executive
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 20022332
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 141 Thomas Street built and last sold?
The property at 141 Thomas Street was built in 1999 and last sold on Jul 29, 2020 for $421,000.
How much is this home worth?
The estimated value of the home located at 141 Thomas Street is $0.
What are some comparable homes to 141 Thomas Street?
There are currently no comparable homes to 141 Thomas Street.
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