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Allegan 49078
356 15th Street
$94,000
● House - Off Market

356 15th Street

Otsego, MI 49078
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,872 Ft²
$166,967
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

Welcoming you from the front door is a nice mud room that has access to the kitchen. The kitchen includes a nice dining area that leads into the living room. The slider in the living room opens up to a 10x12 ft. deck overlooking the spacious backyard. The main floor also offers two bedrooms and a full bathroom. The basement includes 2 bedrooms, a half bathroom and laundry room along with plenty of space for storage and has walkout access to the beautiful backyard.
Unit Size
1,872 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$53
Property Type
House
Property Taxes
$161
HOA Dues
-
Year Built
-

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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 #16031526)

Price History

Date / Event Date Event Price
Oct 13, 2021 Sold
Premium
Sold
Aug 29, 2021 Listed by Keller Williams Kalamazoo Market Center $205,000
Listed by Keller Williams Kalamazoo Market Center
Sep 29, 2016 Sold
Premium
Sold
Jun 22, 2016 Listed by Keller Williams Kalamazoo Market Center $98,900
Listed by Keller Williams Kalamazoo Market Center
Aug 11, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 936
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,789
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 1,530
  • Total Building Area: 936
  • Building Area: 936
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 936
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OGRADY PLAT
  • Land Acres: 0000000615
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 1 O'GRADY PLAT SEC 26 T1N R12W.

Neighborhood

  • School District Name: Otsego Public Schools
  • School Tax School District: OTSEGO 20
  • Census Tract: 031900

Zoning

  • Zoning: R-2

Geography

  • District: 17
  • Parcel: 17-420-001-00
  • Lot: 1
  • Meridian: SEC 26 TWN 01N RNG 12W
  • Municipality: OTSEGO TWP
  • Latitude: 42.4466
  • Longitude: -85.694

    Address

  • Full Address: 356 15th St
  • Address - House Number: 356
  • Address - Street Name: 15th
  • Address - Suffix Type: St
  • State: MI
  • City Name: Otsego
  • Carrier Code: R002
  • 4-Digit Zip Code: 9642
  • Zip Code: 49078

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $188,440

    Appraisal Valuation

  • Standard Deviation: 0.2637
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 62
  • Final Value: 192,646
  • High Value: 243,459
  • Low Value: 141,832

    Market Valuation

  • Market Total Value: $116,800
  • Market Land Value: $20,600
  • Market Improvement Value: $96,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $58,400
  • Assessed Land Value: $10,300
  • Assessed Improvements Value: $48,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 08, 2021
  • Current Sale Recording Date: Oct 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Sep 29, 2016
  • Previous Sale Contract Date: Sep 09, 2016
  • Previous Sale Amount: $94,000
  • 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 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

Rentals Near You

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MichRIC

Listed by: Sarah L Barnes, Keller Williams Kalamazoo Market Center
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 16031526
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 356 15th Street built and last sold?
The property at 356 15th Street was built in and last sold on Oct 8, 2021 for $212,000.
How much is this home worth?
The estimated value of the home located at 356 15th Street is $0.
What are some comparable homes to 356 15th Street?
There are currently no comparable homes to 356 15th Street.
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