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Allegan 49010
320 Marshall Street
$140,000
● House - Off Market

320 Marshall Street

Allegan, MI 49010
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,992 Ft²
$173,365
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Historic 3 bedroom 2 full bath home in Allegan. House has an open feeling for entertaining as you can see from kitchen straight through the dining room into the living room. All 3 bedrooms are upstairs with a full bath. Large closets throughout the home. Walk up attic could be finished off or used for storage. Main floor full bathroom also has laundry set up. 2 bonus 3 season rooms off the kitchen. Outside enjoy watching life pass by under the wrap around porch or relax in the backyard that has a park like setting. Call Jeffrey A Penick today for a private showing!
Unit Size
1,992 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$75
Property Type
House
Property Taxes
$124
HOA Dues
-
Year Built
1910

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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 #21018505)

Price History

Date / Event Date Event Price
Jul 30, 2021 Sold
Premium
Sold
May 20, 2021 Listed by RE/MAX Perrett Associates $150,000
Listed by RE/MAX Perrett Associates
May 5, 2009 Sold
Premium
Sold
Jul 22, 2008 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,176
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,589
  • Lot Size Depth Feet: 2,540
  • Lot Size Frontage Feet: 495
  • Total Building Area: 1,992
  • Building Area: 1,992
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,992
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ALLEGAN
  • Land Acres: 0000000289
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOTS 991 & 998 O. P. SEC 28.

Neighborhood

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

Zoning

  • Zoning: R2 SFR

Geography

  • District: 51
  • Parcel: 51-305-290-00
  • Lot: 991,998
  • Municipality: ALLEGAN CITY
  • Latitude: 42.523
  • Longitude: -85.8467

    Address

  • Full Address: 320 Marshall St
  • Address - House Number: 320
  • Address - Street Name: Marshall
  • Address - Suffix Type: St
  • State: MI
  • City Name: Allegan
  • Carrier Code: C004
  • 4-Digit Zip Code: 1628
  • Zip Code: 49010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $273,186
  • Initial Tax Delinquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.1495
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 70
  • Final Value: 166,139
  • High Value: 190,985
  • Low Value: 141,292

    Market Valuation

  • Market Total Value: $119,000
  • Market Land Value: $23,600
  • Market Improvement Value: $95,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,500
  • Assessed Land Value: $11,800
  • Assessed Improvements Value: $47,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 30, 2021
  • Current Sale Recording Date: Jul 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: May 05, 2009
  • Previous Sale Contract Date: Mar 26, 2009
  • Previous Sale Amount: $32,900
  • Previous Sale Document Type: 51
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:

$235,000

Sale Price/ft²

$158

Below Asking

0.03%

Average Days on Market

62

Average Home Size

1774 ft²

Average Home Age

82.9 years

Currently For Sale

23 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

Rentals Near You

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MichRIC

Listed by: Jeffrey Penick, RE/MAX Perrett Associates
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21018505
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 320 Marshall Street built and last sold?
The property at 320 Marshall Street was built in 1910 and last sold on Jul 30, 2021 for $140,000.
How much is this home worth?
The estimated value of the home located at 320 Marshall Street is $0.
What are some comparable homes to 320 Marshall Street?
There are currently no comparable homes to 320 Marshall Street.
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