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Dowagiac 49047
407 West Street
$114,900
● House - Off Market

407 West Street

Dowagiac, MI 49047
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,605 Ft²
$152,517
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

Expansive 3 bedroom, 2 bathroom home located within the city limits of Dowagiac! Features include a spacious lot, fenced-in backyard and detached garage. The interior offers a unique layout with an open concept kitchen/living room area with vaulted ceilings and a deck overlooking the backyard. The main bedroom suite includes a private bath and walk-in closet. There's plenty of living space for everyone! Schedule your private showing today!
Unit Size
1,605 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$75
Property Type
House
Property Taxes
$147
HOA Dues
-
Year Built
-

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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 #20049354)

Price History

Date / Event Date Event Price
Jan 22, 2024 Sold
Premium
Sold
Nov 17, 2023 Listed by Cressy & Everett Real Estate $184,900
Listed by Cressy & Everett Real Estate
Mar 30, 2023 Sold
Premium
Sold
Jan 25, 2023 Listed by Cressy & Everett Real Estate $169,900
Listed by Cressy & Everett Real Estate
Feb 17, 2021 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARY E WHITENEYS ADD
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: . DW 2329 LOT 13 MARY E. WHITNEY'S ADD CITY OF DOWAGIAC.

Neighborhood

  • School District Name: Dowagiac Union Schools
  • School Tax School District: DOWAGIAC UNION
  • Census Tract: 001901

Geography

  • District: 160
  • Parcel: 14-160-200-906-00
  • Lot: 13
  • Municipality: DOWAGIAC CITY
  • Latitude: 41.9863
  • Longitude: -86.1155

    Address

  • Full Address: 407 West St
  • Address - House Number: 407
  • Address - Street Name: West
  • Address - Suffix Type: St
  • State: MI
  • City Name: Dowagiac
  • Carrier Code: C004
  • 4-Digit Zip Code: 1044
  • Zip Code: 49047

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $189,432

    Appraisal Valuation

  • Standard Deviation: 0.1292
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 85
  • Final Value: 182,320
  • High Value: 205,890
  • Low Value: 158,749

    Market Valuation

  • Market Total Value: $143,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $71,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 16, 2024
  • Current Sale Recording Date: Jan 22, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 209173
  • Previous Sale Recording Date: Oct 26, 2023
  • Previous Sale Contract Date: Oct 20, 2023
  • Previous Sale Document Type: 55
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 Dowagiac

Stats & Trends

Median Asking:

$140,000

Sale Price/ft²

$114

Below Asking

0.03%

Average Days on Market

57

Average Home Size

1361 ft²

Average Home Age

84.4 years

Currently For Sale

21 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

Unit for rent at 113 S Front Street, Dowagiac, MI, 49047

$1,300 /mo

  • 1 Bed
  • 1 Bath
  • 3,576 ft²
113 S Front Street #B, Dowagiac, MI, 49047 Listing by Matthew Money

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Shelly Myers, Cressy & Everett Real Estate
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 20049354
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 407 West Street built and last sold?
The property at 407 West Street was built in and last sold on Jan 16, 2024 for $180,000.
How much is this home worth?
The estimated value of the home located at 407 West Street is $189,737.
What are some comparable homes to 407 West Street?
There are currently no comparable homes to 407 West Street.
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