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Muskegon 49442
4141 Macarthur Road
$207,000
● House - Off Market

4141 Macarthur Road

Muskegon, MI 49442
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,144 Ft²
$1,200
Est. Monthly
8.69%
Cap Rate

About This Property

PRICE REDUCED on this Exceptionally clean and well kept ranch home on over 3 acres in Oakridge school district. This home has 1st floor laundry for your convenience. All 3 bedrooms and 1.5 baths are on the main floor. There is an unfinished basement ready for you to put your finishing touches on just the way you like. The lot is completely wooded out back with trails to walk or ride, and stretches over 1250 feet deep (almost 1/4 mile)! The backyard has a large 14x14 deck for your entertaining or grilling out, just off of your sliding glass doors from your dining room - a beautiful set up! All kitchen and laundry appliances come with this home as do the curtains/blinds, and immediate possession! Turn key - This home is move in ready - Tour it TODAY!!!
Unit Size
1,144 Ft²
Days on Market
-
Land Size
3.17 acres
Price per sqft
$188
Property Type
House
Property Taxes
$145
HOA Dues
-
Year Built
1976

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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 #23030241)

Price History

Date / Event Date Event Price
Jan 17, 2024 Sold
Premium
Sold
Aug 17, 2023 Listed by Five Star Real Estate (Main) $214,900
Listed by Five Star Real Estate (Main)

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,144
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 141,570
  • Total Building Area: 1,144
  • Building Area: 1,144
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,144
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003250
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: E-260-B EGELSTON TOWNSHIP SEC 18 T10N R15W E 110 FT OF W 220 FT OF W 1/2 OF NE 1/4 OF SW FRL 1/4.

Neighborhood

  • School District Name: Oakridge Public Schools
  • School Tax School District: OAKRIDGE
  • Census Tract: 003200

Zoning

  • Zoning: R1

Geography

  • District: 11
  • Parcel: 61-11-018-300-0006-00
  • Municipality: EGELSTON TOWNSHIP
  • Latitude: 43.256
  • Longitude: -86.141

    Address

  • Full Address: 4141 Macarthur Rd
  • Address - House Number: 4141
  • Address - Street Name: Macarthur
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Muskegon
  • Carrier Code: R007
  • 4-Digit Zip Code: 9431
  • Zip Code: 49442

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $57,210

    Appraisal Valuation

  • Standard Deviation: 0.1151
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 87
  • Final Value: 215,649
  • High Value: 240,484
  • Low Value: 190,815

    Market Valuation

  • Market Total Value: $169,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $84,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 12, 2024
  • Current Sale Recording Date: Jan 17, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5812322
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 Muskegon

Stats & Trends

Median Asking:

$259,900

Sale Price/ft²

$179

Below Asking

0.03%

Average Days on Market

53

Average Home Size

7330 ft²

Average Home Age

65.4 years

Currently For Sale

502 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: James S Shull, Five Star Real Estate (Main)
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23030241
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 4141 Macarthur Road built and last sold?
The property at 4141 Macarthur Road was built in 1976 and last sold on Jan 12, 2024 for $207,000.
How much is this home worth?
The estimated value of the home located at 4141 Macarthur Road is $0.
What are some comparable homes to 4141 Macarthur Road?
There are currently no comparable homes to 4141 Macarthur Road.
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