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Dowagiac 49047
26919 Marcellus Highway
$269,900
● House - Off Market

26919 Marcellus Highway

Dowagiac, MI 49047
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,409 Ft²
$343,323
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

Stunning 5 bedroom, 2.5 bathroom home located on the outskirts of Dowagiac's city limits. Standing tall on 1+/- acre, this home features an attached 2+ car garage, screened-in porch overlooking the terraced backyard and 2 sheds. The interior boasts an open concept layout with all main floor living, cathedral ceilings, lovely hardwood floors, and an eat-in kitchen with granite counters. The main level suite includes access to the porch and a private bath with 2 closets, soaking tub and a walk-in shower. There's plenty of extra living and/or storage space in the completely finished basement with 2 bedrooms, both with egress windows, and a half bath. Schedule your private showing today!
Unit Size
2,409 Ft²
Days on Market
-
Land Size
0.83 acres
Price per sqft
$112
Property Type
House
Property Taxes
$293
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 #20043614)

Price History

Date / Event Date Event Price
Mar 3, 2021 Sold
Premium
Sold
Oct 15, 2020 Listed by Cressy & Everett Real Estate $269,900
Listed by Cressy & Everett Real Estate
Feb 23, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

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: 16,117
  • 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: YOUNGS HILLCREST SUB
  • Land Acres: 0000000370
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 2452A LOTS 5 14 & 15. YOUNG'S HILLCREST SUB. CITY OF DOWAGIAC.

Neighborhood

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

Geography

  • District: 160
  • Parcel: 14-160-300-931-41
  • Lot: 5,14-15
  • Municipality: DOWAGIAC CITY
  • Latitude: 41.992
  • Longitude: -86.0861

    Address

  • Full Address: 26919 Marcellus Hwy
  • Address - House Number: 26919
  • Address - Street Name: Marcellus
  • Address - Suffix Type: Hwy
  • State: MI
  • City Name: Dowagiac
  • Carrier Code: R002
  • 4-Digit Zip Code: 7421
  • Zip Code: 49047

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $357,132

    Appraisal Valuation

  • Standard Deviation: 0.2671
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 46
  • Final Value: 385,801
  • High Value: 488,857
  • Low Value: 282,744

    Market Valuation

  • Market Total Value: $251,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $125,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 18, 2021
  • Current Sale Recording Date: Mar 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Feb 23, 2005
  • Previous Sale Contract Date: Feb 16, 2005
  • Previous Sale Amount: $220,000
  • 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 Dowagiac

Stats & Trends

Median Asking:

$140,000

Sale Price/ft²

$114

Below Asking

0.03%

Average Days on Market

57

Average Home Size

1361 ft²

Average Home Age

84.4 years

Currently For Sale

21 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: Shelly Myers, Cressy & Everett Real Estate
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 20043614
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 26919 Marcellus Highway built and last sold?
The property at 26919 Marcellus Highway was built in and last sold on Feb 18, 2021 for $269,900.
How much is this home worth?
The estimated value of the home located at 26919 Marcellus Highway is $273,039.
What are some comparable homes to 26919 Marcellus Highway?
There are currently no comparable homes to 26919 Marcellus Highway.
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