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Allegan 49080
142 S 4th Street
$52,200
● House - Off Market

142 S 4th Street

Plainwell, MI 49080
bedrooms
2 Beds
bathrooms
1 Bath
square feet
780 Ft²
$88,160
RealtyHop Estimate
77.38%
Since Nov 1, 2015
National-US
Primary Model

About This Property

All offers to go to Auction.com
Unit Size
780 Ft²
Days on Market
134 days
Land Size
0.50 acres
Price per sqft
$64
Property Type
House
Property Taxes
$100
HOA Dues
-
Year Built
1950

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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: 11 months ago (MichRIC MLS #15026708)

Price History

Date / Event Date Event Price
Jul 16, 2024 Sold
Premium
Sold
Jun 8, 2024 In contract -
In contract
Jun 1, 2024 Relisted $106,000
Relisted
Jun 1, 2024 Price Increased $219,900
↑ $114K (107.5%)
Price Increased
May 23, 2024 In contract -
In contract
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 780
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,822
  • Lot Size Depth Feet: 2,600
  • Lot Size Frontage Feet: 800
  • Total Building Area: 780
  • Building Area: 780
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 780
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000478
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: COM AT A PT 100.45 RDS SWLY IN THE CTR OF HWY 4TH ST FROM SE COR OF SEC 27 FOR PL OF BEG TH W 16 RDS TH NLY PPL WITH SD RD

Neighborhood

  • School District Name: Plainwell Community Schools
  • School Tax School District: PLAINWELL
  • Census Tract: 032100

Zoning

  • Zoning: AG

Geography

  • District: 08
  • Parcel: 08-034-015-00
  • Meridian: SEC 34 TWN 01N RNG 11W
  • Municipality: GUN PLAIN TWP
  • Latitude: 42.4318
  • Longitude: -85.5852

    Address

  • Full Address: 142 4th St
  • Address - House Number: 142
  • Address - Street Name: 4th
  • Address - Suffix Type: St
  • State: MI
  • City Name: Plainwell
  • Carrier Code: R006
  • 4-Digit Zip Code: 9717
  • Zip Code: 49080

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $187,883

    Appraisal Valuation

  • Standard Deviation: 0.2336
  • Valuation Date: Jun 22, 2022
  • Confidence Score: 67
  • Final Value: 182,150
  • High Value: 224,704
  • Low Value: 139,596

    Market Valuation

  • Market Total Value: $152,400
  • Market Land Value: $16,000
  • Market Improvement Value: $136,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $76,200
  • Assessed Land Value: $8,000
  • Assessed Improvements Value: $68,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 30, 2016
  • Current Sale Recording Date: Apr 08, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Oct 14, 2015
  • Previous Sale Contract Date: Oct 05, 2015
  • Previous Sale Amount: $52,200
  • 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:

$365,000

Sale Price/ft²

$202

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2157 ft²

Average Home Age

49.3 years

Currently For Sale

320 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: Neil Meadmore, RE/MAX of Kalamazoo
Last Updated: 11 months ago
Data Source: MichRIC, MLS# 15026708
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 142 4th Street built and last sold?
The property at 142 4th Street was built in 1950 and last sold on Mar 30, 2016 for $106,000.
How much is this home worth?
The estimated value of the home located at 142 4th Street is $214,530.
What are some comparable homes to 142 4th Street?
There are currently no comparable homes to 142 4th Street.
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