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Three Rivers 49093
430 W Hoffman Street
$179,900
● House - Off Market

430 W Hoffman Street

Three Rivers, MI 49093
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,244 Ft²
$181,301
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Updated, clean, bright and convenient to everything! This 3 bedroom home had refinished and new flooring, energy efficient windows, fresh paint and is a great design and floor plan. A full basement offers plenty of storage and additional options for usable space. Upstairs has awesome dining room and living room that flows to open stairwell to upstairs bedrooms and full bath. All is set on 1.27 acres in City of Three Rivers, home of the Three Rivers Promise, conveniently located close to dining, shopping, schools and more! Check this new listing out!
Unit Size
1,244 Ft²
Days on Market
37 days
Land Size
1.27 acres
Price per sqft
$145
Property Type
House
Property Taxes
$98
HOA Dues
-
Year Built
1915

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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: 2 years ago (MichRIC MLS #22010277)

Price History

Date / Event Date Event Price
May 11, 2022 Sold
Premium
Sold
Mar 29, 2022 Listed by Berkshire Hathaway HomeServices Michigan Real Estate $179,900
Listed by Berkshire Hathaway HomeServices Michigan Real Estate
Dec 7, 2006 Sold
Premium
Sold
Aug 9, 2005 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 150
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 816
  • Garage Type: 7
  • Garage Square Area: 396
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 55,321
  • Total Building Area: 1,428
  • Building Area: 1,428
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,428
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CITY OF THREE RIVERS
  • Land Acres: 0000001270
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: PAR BND N BY HOFFMAN ST EBY NYC RR R/W S BY CUSHMAN ST & W BY ROCK RIVER AVE. EXC COM ON N LINE SEC 18 AT W 1/2 1/4 COR (W 1/

Neighborhood

  • School District Name: Three Rivers Community Schools
  • School Tax School District: THREE RIVERS
  • Census Tract: 040100

Zoning

  • Zoning: R-2

Geography

  • District: 051
  • Parcel: 051-199-057-00
  • Municipality: THREE RIVERS CITY
  • Latitude: 41.9544
  • Longitude: -85.6407

    Address

  • Full Address: 430 W Hoffman St
  • Address - House Number: 430
  • Street Direction: W
  • Address - Street Name: Hoffman
  • Address - Suffix Type: St
  • State: MI
  • City Name: Three Rivers
  • Carrier Code: C001
  • 4-Digit Zip Code: 2425
  • Zip Code: 49093

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $112,026

    Appraisal Valuation

  • Standard Deviation: 0.2484
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 65
  • Final Value: 144,844
  • High Value: 180,829
  • Low Value: 108,859

    Market Valuation

  • Market Total Value: $74,800
  • Market Land Value: $13,200
  • Market Improvement Value: $61,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,400
  • Assessed Land Value: $6,600
  • Assessed Improvements Value: $30,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 06, 2022
  • Current Sale Recording Date: May 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4522
  • Previous Sale Recording Date: Dec 07, 2006
  • Previous Sale Contract Date: Nov 27, 2006
  • Previous Sale Amount: $34,900
  • Previous Sale Document Type: 68
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 Three Rivers

Stats & Trends

Median Asking:

$184,900

Sale Price/ft²

$134

Below Asking

0.03%

Average Days on Market

65

Average Home Size

1969 ft²

Average Home Age

61.7 years

Currently For Sale

29 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: Garrett Hall, Berkshire Hathaway HomeServices Michigan Real Estate
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 22010277
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 430 West Hoffman Street built and last sold?
The property at 430 West Hoffman Street was built in 1915 and last sold on May 6, 2022 for $179,900.
How much is this home worth?
The estimated value of the home located at 430 West Hoffman Street is $0.
What are some comparable homes to 430 West Hoffman Street?
There are currently no comparable homes to 430 West Hoffman Street.
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