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Allegan 49055
3049 Russon Road
$290,000
● House - Off Market

3049 Russon Road

Gobles, MI 49055
bedrooms
4 Beds
bathrooms
2 Baths
square feet
3,160 Ft²
$508,977
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

Welcome to your own hidden sanctuary! Sprawling 4 bedroom home tucked back off Baseline Lake on 7.5 wooded acres. Featuring 2 huge ponds, 3 outbuildings, wildlife galore, and partial views of the lake. Great location just steps away from the water's edge near the public access site and boat ramp. Enjoy fishing, boating and swimming on the beautiful 187 acre Baseline Lake. The moment you enter this home you will notice the beautiful handcrafted woodwork throughout. From the custom made stair rails to the Tulip Wood kitchen cabinets, this home is graced with rustic elegance everywhere. Soaring ceilings with balcony overlooking the great room with beautiful views out every window. This home is absolutely a nature lover's dream and great for entertaining with main and upper level decks.
Unit Size
3,160 Ft²
Days on Market
-
Land Size
7.52 acres
Price per sqft
$100
Property Type
House
Property Taxes
$217
HOA Dues
-
Year Built
2001

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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 #17012863)

Price History

Date / Event Date Event Price
Jun 1, 2017 Sold
Premium
Sold
Mar 28, 2017 Listed by Coldwell Banker Woodland Schmidt Saugatuck $315,000
Listed by Coldwell Banker Woodland Schmidt Saugatuck

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 5
  • Bedroom Count: 4
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,320
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 329,749
  • Lot Size Depth Feet: 2,700
  • Lot Size Frontage Feet: 5,600
  • Total Building Area: 2,310
  • Building Area: 2,310
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,310
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000007570
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: N 1/2 SW 1/4 SE 1/4 LYING N OF RUSSON ST & NE'LY OF MAPLE BATH BCH NO. 2 EX COM 1986.75' S & 1895.84' W OF E 1/4 COR TH W

Neighborhood

  • School District Name: Allegan Public Schools
  • School Tax School District: ALLEGAN
  • Census Tract: 031100

Geography

  • District: 21
  • Parcel: 21-033-018-01
  • Lot: 7,11
  • Meridian: SEC 33 TWN 01N RNG 13W
  • Municipality: TROWBRIDGE TWP
  • Latitude: 42.4226
  • Longitude: -85.8431

    Address

  • Full Address: 3049 Russon Rd
  • Address - House Number: 3049
  • Address - Street Name: Russon
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Gobles
  • Carrier Code: R003
  • 4-Digit Zip Code: 8823
  • Zip Code: 49055

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $445,988

    Appraisal Valuation

  • Standard Deviation: 0.1061
  • Valuation Date: Jun 22, 2022
  • Confidence Score: 89
  • Final Value: 320,843
  • High Value: 354,917
  • Low Value: 286,770

    Market Valuation

  • Market Total Value: $392,800
  • Market Land Value: $50,000
  • Market Improvement Value: $342,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $196,400
  • Assessed Land Value: $25,000
  • Assessed Improvements Value: $171,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 26, 2017
  • Current Sale Recording Date: Jun 01, 2017
  • Current Sale Price:
    Premium
  • Current 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 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: Kimberly Laaksonen, Coldwell Banker Woodland Schmidt Saugatuck
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 17012863
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 3049 Russon Road built and last sold?
The property at 3049 Russon Road was built in 2001 and last sold on May 26, 2017 for $290,000.
How much is this home worth?
The estimated value of the home located at 3049 Russon Road is $0.
What are some comparable homes to 3049 Russon Road?
There are currently no comparable homes to 3049 Russon Road.
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