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Cass 49047
26795 Spring Avenue
$65,500
● House - Off Market

26795 Spring Avenue

Dowagiac, MI 49047
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,344 Ft²
$109,452
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

Very Motivated Sellers!  This home is being sold as a ''fixer'' and reason for the price.  Needs TLC but in a great neighborhood and area.  Located in a country setting and just a few minutes to town.  Paint, carpet and updating is needed. Plenty of room for a garage or pole barn. Come and see this 3 bedroom country home on about 3/4 acre of land, has full basement, 1 1/2 baths. New windows and roof already done.
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.88 acres
Price per sqft
$51
Property Type
House
Property Taxes
$166
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #17026513)

Price History

Date / Event Date Event Price
Jan 21, 2022 Sold
Premium
Sold
Dec 2, 2021 Listed by Matthews R.E., LLC $169,900
Listed by Matthews R.E., LLC
Nov 21, 2017 Sold
Premium
Sold
Jun 4, 2017 Listed by Matthews R.E., LLC $69,000
Listed by Matthews R.E., LLC

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 37,897
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRING ACRES
  • Land Acres: 0000000870
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: . 1390D LOT 24 SPRING ACRES.

Neighborhood

  • School District Name: Dowagiac Union Schools
  • School Tax School District: DOWAGIAC UNION
  • Census Tract: 002000

Geography

  • District: 150
  • Parcel: 14-150-320-024-00
  • Lot: 24
  • Municipality: WAYNE TWP
  • Latitude: 42.005
  • Longitude: -86.0638

    Address

  • Full Address: 26795 Spring Ave
  • Address - House Number: 26795
  • Address - Street Name: Spring
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Dowagiac
  • Carrier Code: R002
  • 4-Digit Zip Code: 9460
  • Zip Code: 49047

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $86,688

    Appraisal Valuation

  • Standard Deviation: 0.1292
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 85
  • Final Value: 165,044
  • High Value: 186,381
  • Low Value: 143,707

    Market Valuation

  • Market Total Value: $162,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $81,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 13, 2022
  • Current Sale Recording Date: Jan 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Nov 21, 2017
  • Previous Sale Contract Date: Nov 13, 2017
  • Previous Sale Amount: $65,500
  • 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 Cass

Stats & Trends

Median Asking:

$300,000

Sale Price/ft²

$178

Below Asking

0.03%

Average Days on Market

65

Average Home Size

1962 ft²

Average Home Age

60.6 years

Currently For Sale

164 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

Currently no nearby rentals
MichRIC

Listed by: Ernestine Matthews, Matthews R.E., LLC
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 17026513
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 26795 Spring Avenue built and last sold?
The property at 26795 Spring Avenue was built in and last sold on Jan 13, 2022 for $169,900.
How much is this home worth?
The estimated value of the home located at 26795 Spring Avenue is $179,798.
What are some comparable homes to 26795 Spring Avenue?
There are currently no comparable homes to 26795 Spring Avenue.
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