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Allegan 49010
3813 Monroe Road
$512,500
● House - Off Market

3813 Monroe Road

Allegan, MI 49010
bedrooms
5 Beds
bathrooms
6 Baths, 2 Half Baths
square feet
3,404 Ft²
$729,835
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Have you been waiting for that ''perfect'' property? Well here it is! This beautiful 5 bd, 6 ba. home is located on a little over 5 acres just north of Allegan.  Nestled in the woods with Lake Allegan access only a 1/4 mile away, this home has so many features they are hard to list all of them! But here we go: 2x6 construction, hardwood, porcelain, ceramic  heated floors throughout, 2 large outbuildings, custom kitchen, mother in law suite, dual master suites, outside kitchen and hot tub, heated goat and chicken bldgs, security and intercom, granite counter tops, 2 fireplaces, 2019 Generac Generator, lower level features lots of storage, family room, library/den, man cave, walkout to huge patio, upper deck, several fire pits, long driveway winding through the woods! Call today for a tour!
Unit Size
3,404 Ft²
Days on Market
-
Land Size
5.04 acres
Price per sqft
$159
Property Type
House
Property Taxes
$410
HOA Dues
-
Year Built
2004

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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 #20008980)

Price History

Date / Event Date Event Price
Oct 6, 2020 Sold
Premium
Sold
Mar 9, 2020 Listed by Five Star Real Estate Lakeshore LLC $539,900
Listed by Five Star Real Estate Lakeshore LLC
Nov 7, 2016 Sold
Premium
Sold
Apr 12, 2016 Listed by Five Star Real Estate Lakeshore LLC $389,900
Listed by Five Star Real Estate Lakeshore LLC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 2
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 2,002
  • Garage Type: 7
  • Garage Square Area: 1,371
  • Parking Space Count: 5
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 219,586
  • Lot Size Depth Feet: 5,490
  • Lot Size Frontage Feet: 4,000
  • Total Building Area: 2,484
  • Building Area: 2,484
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,484
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005041
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: COM AT N 1/4 COR TH S 1313.575' TH E 1995.61' TH S 647.21' TO POB TH N 44 DEG 37'29 E 312.81' TH S 42 DEG 50'52 E 211.98' TH

Neighborhood

  • School District Name: Allegan Public Schools
  • School Tax School District: ALLEGAN
  • Census Tract: 030702

Zoning

  • Zoning: R-2 LOW DN

Geography

  • District: 22
  • Parcel: 22-023-011-00
  • Meridian: SEC 23 TWN 02N RNG 14W
  • Municipality: VALLEY TWP
  • Latitude: 42.5438
  • Longitude: -85.9189

    Address

  • Full Address: 3813 Monroe Rd
  • Address - House Number: 3813
  • Address - Street Name: Monroe
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Allegan
  • Carrier Code: R008
  • 4-Digit Zip Code: 8936
  • Zip Code: 49010

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $517,576

    Appraisal Valuation

  • Standard Deviation: 0.1927
  • Valuation Date: Jun 22, 2022
  • Confidence Score: 74
  • Final Value: 566,879
  • High Value: 676,155
  • Low Value: 457,604

    Market Valuation

  • Market Total Value: $454,200
  • Market Land Value: $35,400
  • Market Improvement Value: $418,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $227,100
  • Assessed Land Value: $17,700
  • Assessed Improvements Value: $209,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 25, 2020
  • Current Sale Recording Date: Oct 06, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Nov 07, 2016
  • Previous Sale Contract Date: Oct 31, 2016
  • Previous Sale Amount: $382,900
  • 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

2158 ft²

Average Home Age

49.9 years

Currently For Sale

323 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: Laurie Ann Zwiers, Five Star Real Estate Lakeshore LLC
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 20008980
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 3813 Monroe Road built and last sold?
The property at 3813 Monroe Road was built in 2004 and last sold on Sep 25, 2020 for $512,500.
How much is this home worth?
The estimated value of the home located at 3813 Monroe Road is $537,006.
What are some comparable homes to 3813 Monroe Road?
There are currently no comparable homes to 3813 Monroe Road.
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