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Three Rivers 49093
215 E Hoffman Street
$181,500
● House - Off Market

215 E Hoffman Street

Three Rivers, MI 49093
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,828 Ft²
$298,949
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

One of a kind, beautiful colonial with so much charm! From the moment you walk through the foyer, you will see yourself there through all the seasons, with family and friends. The kitchen has plenty of cabinet space, eat in area. half bath off kitchen. Wonderful dining area for all your gatherings. Huge living room with large gas fireplace, off the living room is a sun room of your dreams. Upstairs you will find, a huge master suite, with more charm, master bath with claw foot tub, two other good size bedrooms, and another large family bath. Attic space large enough to make another bedroom or more storage.The basement has been finished with another guest bedroom area/ family room/ laundry/ shop! Outside boasts a large deck/lawn and, 3 stall garage. Don't let this one slip away!
Unit Size
2,828 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$63
Property Type
House
Property Taxes
$163
HOA Dues
-
Year Built
1927

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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 #16037061)

Price History

Date / Event Date Event Price
Jun 12, 2023 Sold
Premium
Sold
Apr 14, 2023 Listed by Chuck Jaqua, REALTOR $324,900
Listed by Chuck Jaqua, REALTOR
Sep 1, 2016 Sold
Premium
Sold
Jul 19, 2016 Listed by Chuck Jaqua, REALTOR $177,000
Listed by Chuck Jaqua, REALTOR

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,080
  • Garage Type: 7
  • Garage Square Area: 616
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,602
  • Lot Size Depth Feet: 1,470
  • Lot Size Frontage Feet: 1,320
  • Total Building Area: 1,548
  • Building Area: 1,548
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,548
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CITY OF THREE RIVERS
  • Land Acres: 0000000450
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: NE 1/4 BLK 32. CITY OF THREERIVERS.

Neighborhood

  • School District Name: Three Rivers Community Schools
  • School Tax School District: THREE RIVERS
  • Census Tract: 040100

Zoning

  • Zoning: R

Geography

  • District: 051
  • Parcel: 051-145-340-00
  • Block: 32
  • Municipality: THREE RIVERS CITY
  • Latitude: 41.9544
  • Longitude: -85.6325

    Address

  • Full Address: 215 E Hoffman St
  • Address - House Number: 215
  • Street Direction: E
  • Address - Street Name: Hoffman
  • Address - Suffix Type: St
  • State: MI
  • City Name: Three Rivers
  • Carrier Code: C001
  • 4-Digit Zip Code: 2322
  • Zip Code: 49093

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $194,779

    Appraisal Valuation

  • Standard Deviation: 0.359
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 28
  • Final Value: 192,499
  • High Value: 261,609
  • Low Value: 123,388

    Market Valuation

  • Market Total Value: $209,200
  • Market Land Value: $11,800
  • Market Improvement Value: $197,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $104,600
  • Assessed Land Value: $5,900
  • Assessed Improvements Value: $98,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 06, 2023
  • Current Sale Recording Date: Jun 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4358
  • Previous Sale Recording Date: Sep 01, 2016
  • Previous Sale Contract Date: Aug 23, 2016
  • Previous Sale Amount: $181,500
  • 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 Three Rivers

Stats & Trends

Median Asking:

$184,900

Sale Price/ft²

$134

Below Asking

0.03%

Average Days on Market

65

Average Home Size

1969 ft²

Average Home Age

61.7 years

Currently For Sale

29 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: Peg A Herring, Chuck Jaqua, REALTOR
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 16037061
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 215 East Hoffman Street built and last sold?
The property at 215 East Hoffman Street was built in 1927 and last sold on Jun 6, 2023 for $289,900.
How much is this home worth?
The estimated value of the home located at 215 East Hoffman Street is $0.
What are some comparable homes to 215 East Hoffman Street?
There are currently no comparable homes to 215 East Hoffman Street.
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