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Allegan 49010
1740 Riverbend Drive
$118,000
● House - Off Market

1740 Riverbend Drive

Allegan, MI 49010
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,778 Ft²
$232,663
RealtyHop Estimate
86.13%
Since Oct 1, 2014
National-US
Primary Model

About This Property

This lovely 3 bedroom 2 bath walkout home is fresh on the market. The inside allows for easy entertaining with it's open floor concept or just being home and relaxing together as a family. new roof 2012 and much more. The homeowners have taken well care of this homes interior and exterior so you will be able to just move in and enjoy.
Unit Size
1,778 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$70
Property Type
House
Property Taxes
$139
HOA Dues
-
Year Built
1994

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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 #14039782)

Price History

Date / Event Date Event Price
Sep 1, 2017 Sold
Premium
Sold
Jul 12, 2017 Listed by Maurer Real Estate LLC $158,900
Listed by Maurer Real Estate LLC
Oct 6, 2014 Sold
Premium
Sold
Jul 10, 2014 Listed by Maurer Real Estate LLC $125,000
Listed by Maurer Real Estate LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 40
  • Exterior Walls Type: 17
  • 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: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,511
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 1,570
  • Building Area: 1,570
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,570
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVERBEND ESTATES
  • Land Acres: 0000000402
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 25 RIVERBEND ESTATES NO 2 SEC 20 T2N R13W (96)

Neighborhood

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

Zoning

  • Zoning: R-2 LO

Geography

  • District: 01
  • Parcel: 01-551-025-00
  • Lot: 25
  • Meridian: SEC 20 TWN 02N RNG 13W
  • Municipality: ALLEGAN TWP
  • Latitude: 42.5458
  • Longitude: -85.8682

    Address

  • Full Address: 1740 River Bend Dr
  • Address - House Number: 1740
  • Address - Street Name: River Bend
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Allegan
  • Carrier Code: R009
  • 4-Digit Zip Code: 8204
  • Zip Code: 49010

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $239,725

    Appraisal Valuation

  • Standard Deviation: 0.2553
  • Valuation Date: May 24, 2023
  • Confidence Score: 63
  • Final Value: 252,900
  • High Value: 317,485
  • Low Value: 188,314

    Market Valuation

  • Market Total Value: $179,000
  • Market Land Value: $34,400
  • Market Improvement Value: $144,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $89,500
  • Assessed Land Value: $17,200
  • Assessed Improvements Value: $72,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 25, 2017
  • Current Sale Recording Date: Sep 01, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Oct 06, 2014
  • Previous Sale Contract Date: Sep 29, 2014
  • Previous Sale Amount: $118,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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

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MichRIC

Listed by: Susan E Maurer, Maurer Real Estate LLC
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 14039782
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 1740 Riverbend Drive built and last sold?
The property at 1740 Riverbend Drive was built in 1994 and last sold on Aug 25, 2017 for $150,000.
How much is this home worth?
The estimated value of the home located at 1740 Riverbend Drive is $0.
What are some comparable homes to 1740 Riverbend Drive?
There are currently no comparable homes to 1740 Riverbend Drive.
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