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Van Buren 49056
15121 CR 681
$319,900
● House - Off Market

15121 CR 681

Grand Junction, MI 49056
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,380 Ft²
$1,780
Est. Monthly
7.47%
Cap Rate

About This Property

Beautiful brick home on a picturesque 1.6 acre country location.  Work from home in the private home office, high speed Frontier internet available for working remotely.  Four bedrooms, two baths and a spacious basement that could easily be a man cave or rec room for children or for lots of storage.  There is exterior entrance to the basement making a perfect for a home based business.  Open concept floor plan makes entertaining comfortable.  Two bedrooms, one bath, and a living space in each half of the house fits anyone looking for multi generational living or as adult foster care.   U shaped drive and attached two car garage.  Enclosed sun porch overlooks spacious back yard.  All furnishings stay with the house.
Unit Size
2,380 Ft²
Days on Market
-
Land Size
1.60 acres
Price per sqft
$134
Property Type
House
Property Taxes
$208
HOA Dues
-
Year Built
1968

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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: 2 years ago (MichRIC MLS #22016832)

Price History

Date / Event Date Event Price
Oct 12, 2023 Sold
Premium
Sold
Feb 15, 2023 Listed by Kalvan Realty $269,000
Listed by Kalvan Realty
May 7, 2022 Listed by Kalvan Realty $319,900
Listed by Kalvan Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,200
  • Garage Type: 7
  • Garage Square Area: 600
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 70,567
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,380
  • Building Area: 2,380
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,380
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001620
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 283-A 19-1-15 755-826 1256-51 1463-695 1529-486 * COM AT SW COR OF SEC, TH N ON W SEC L 946.68 FT TO BEG, TH CON N ALG W SEC

Neighborhood

  • School District Name: Bangor Public Schools
  • School Tax School District: BANGOR
  • Census Tract: 010202

Zoning

  • Zoning: AG

Geography

  • Assessors Map Reference: 283-A
  • District: 06
  • Section: L
  • Parcel: 80-06-019-012-10
  • Municipality: COLUMBIA TWP
  • Latitude: 42.3641
  • Longitude: -86.1092

    Address

  • Full Address: 15121 County Road 681
  • Address - House Number: 15121
  • Address - Street Name: County Road 681
  • State: MI
  • City Name: Grand Junction
  • Carrier Code: R011
  • 4-Digit Zip Code: 9709
  • Zip Code: 49056

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $55,315
  • Tax Rate Code Area: 80060

    Appraisal Valuation

  • Standard Deviation: 0.1196
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 87
  • Final Value: 266,104
  • High Value: 297,944
  • Low Value: 234,263

    Market Valuation

  • Market Total Value: $172,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $86,000

    Sales

  • Current Sale Contract Date: Oct 04, 2023
  • Current Sale Recording Date: Oct 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3439487
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 Van Buren

Stats & Trends

Median Asking:

$329,000

Sale Price/ft²

$182

Below Asking

0.03%

Average Days on Market

57

Average Home Size

2067 ft²

Average Home Age

60.9 years

Currently For Sale

230 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: Ron Henry, Kalvan Realty
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 22016832
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 15121 County Rd 681 built and last sold?
The property at 15121 County Rd 681 was built in 1968 and last sold on Oct 4, 2023 for $250,000.
How much is this home worth?
The estimated value of the home located at 15121 County Rd 681 is $0.
What are some comparable homes to 15121 County Rd 681?
There are currently no comparable homes to 15121 County Rd 681.
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