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Ionia 48881
3559 W DAVID Highway
$70,000
● House - Off Market

3559 W DAVID Highway

Ionia, MI 48846
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,554 Ft²
$110,928
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

Great Berlin Twp opportunity.  This classic farm home features 3 bedrooms 2 bathroom and a very functional floor plan. See this home today! Buyer is responsible inspections including well and septic. All information represented herein is approximated and independent verification by buyer is required - information is not guaranteed. Potential buyers should independently verify all information on listing card for accuracy. Offers are to include proof of funds, or pre-qual letter.
Unit Size
1,554 Ft²
Days on Market
-
Land Size
5.06 acres
Price per sqft
$40
Property Type
House
Property Taxes
$86
HOA Dues
-
Year Built
1901

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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 #15036978)

Price History

Date / Event Date Event Price
Jan 27, 2020 Sold
Premium
Sold
Sep 19, 2019 Sold
Premium
Sold
Aug 28, 2019 Listed by Value Point Real Estate $229,900
Listed by Value Point Real Estate
Mar 3, 2017 Sold
Premium
Sold
Dec 2, 2016 Listed by USREALTY.COM LLP $209,000
Listed by USREALTY.COM LLP
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1901
  • Effective Year Built: 1901
  • Building Count: 3
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • 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: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,340
  • Garage Type: 7
  • Garage Square Area: 160
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 220,414
  • Total Building Area: 1,996
  • Building Area: 1,996
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,996
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005060
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: PT NW 1/4 SEC 9 COM N 1/4 PO TH W 194.69FT TO POB, TH S 480FT, TH W 460FT, TH N 480FT, TH E 460FT TO POB SEC 9 T6N R7W 1999

Neighborhood

  • School District Name: Saranac Community Schools
  • School Tax School District: SARANAC
  • Census Tract: 031900

Geography

  • District: 011
  • Parcel: 34-011-009-000-015-10
  • Meridian: SEC 09 TWN 06N RNG 07W
  • Municipality: BERLIN TOWNSHIP
  • Latitude: 42.9292
  • Longitude: -85.1454

    Address

  • Full Address: 3559 W David Hwy
  • Address - House Number: 3559
  • Street Direction: W
  • Address - Street Name: David
  • Address - Suffix Type: Hwy
  • State: MI
  • City Name: Ionia
  • Carrier Code: R004
  • 4-Digit Zip Code: 9413
  • Zip Code: 48846

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $134,762
  • Tax Rate Code Area: 011

    Appraisal Valuation

  • Standard Deviation: 0.1988
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 345,582
  • High Value: 414,293
  • Low Value: 276,870

    Market Valuation

  • Market Total Value: $257,400
  • Market Land Value: $40,800
  • Market Improvement Value: $216,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $128,700
  • Assessed Land Value: $20,400
  • Assessed Improvements Value: $108,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 19, 2019
  • Current Sale Recording Date: Jan 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 36
  • Previous Sale Recording Date: Aug 27, 2014
  • Previous Sale Contract Date: Aug 21, 2014
  • Previous Sale Amount: $84,720
  • Previous Sale Document Type: 64
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 Ionia

Stats & Trends

Median Asking:

$260,000

Sale Price/ft²

$171

Below Asking

0.02%

Average Days on Market

51

Average Home Size

1988 ft²

Average Home Age

58.2 years

Currently For Sale

89 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: Kenneth J Cleypool, Value Point Real Estate
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 15036978
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 3559 West David Highway built and last sold?
The property at 3559 West David Highway was built in 1901 and last sold on Sep 19, 2019 for $225,200.
How much is this home worth?
The estimated value of the home located at 3559 West David Highway is $0.
What are some comparable homes to 3559 West David Highway?
There are currently no comparable homes to 3559 West David Highway.
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