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Van Buren 49079
44802 CR 358
$162,000
● Land - Off Market

44802 CR 358

Paw Paw, MI 49079
bedrooms
Studio
bathrooms
0 Bath
$397,166
RealtyHop Estimate
114.68%
Since Aug 1, 2012
National-US
Primary Model

About This Property

Beautiful 1.5 acre buildable lot on spring-fed all-sports Eagle Lake. Conveniently located half way between Detroit and Chicago and only 2 miles south of I-94 (exit #56). This private lot has 100 feet of frontage, natural woods, shared paved driveway and is suitable for a walk-out lower level. Great opportunity to enjoy lake front living yet plenty of privacy between neighbors. Only 22 minutes from Kalamazoo or St. Joe. Additional lake, lot, and area information available.
Unit Size
-
Days on Market
-
Land Size
1.50 acres
Price per sqft
-
Property Type
Land
Property Taxes
$181
HOA Dues
-
Year Built
2019

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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 #12020692)

Price History

Date / Event Date Event Price
Jul 6, 2018 Sold
Premium
Sold
Feb 5, 2018 Listed by Berkshire Hathaway HomeServices MI $200,000
Listed by Berkshire Hathaway HomeServices MI
Jul 27, 2012 Sold
Premium
Sold
Apr 16, 2012 Listed by Berkshire Hathaway HomeServices MI $185,000
Listed by Berkshire Hathaway HomeServices MI

Property Highlights

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,180
  • 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: 64,239
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,163
  • Building Area: 2,163
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,163
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EAGLE LAKE SUB
  • Land Acres: 0000001474
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 489-G5 31-3-14 877-263 877-262 1570-693 1670-873 1704-697 1722-285 *** LOT 5 EAGLE LAKE SUB.

Neighborhood

  • School District Name: Paw Paw Public School District
  • School Tax School District: PAW PAW
  • Census Tract: 011801

Zoning

  • Zoning: WFR

Geography

  • Assessors Map Reference: 489-G5
  • District: 14
  • Parcel: 80-14-105-005-00
  • Lot: 5
  • Municipality: PAW PAW TWP
  • Latitude: 42.165
  • Longitude: -85.9827

    Address

  • Full Address: 44802 County Road 358
  • Address - House Number: 44802
  • Address - Street Name: County Road 358
  • State: MI
  • City Name: Paw Paw
  • Carrier Code: R001
  • 4-Digit Zip Code: 9713
  • Zip Code: 49079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $254,480
  • Tax Rate Code Area: 80140

    Appraisal Valuation

  • Standard Deviation: 0.234
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 53
  • Final Value: 689,568
  • High Value: 850,934
  • Low Value: 528,201

    Market Valuation

  • Market Total Value: $591,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $295,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 29, 2018
  • Current Sale Recording Date: Jul 06, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jul 27, 2012
  • Previous Sale Contract Date: Jul 26, 2012
  • Previous Sale Amount: $162,000
  • 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 Van Buren

Stats & Trends

Median Asking:

$329,000

Sale Price/ft²

$182

Below Asking

0.03%

Average Days on Market

57

Average Home Size

2067 ft²

Average Home Age

60.9 years

Currently For Sale

230 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: Mary J Swanson, Berkshire Hathaway HomeServices MI
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 12020692
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 44802 County Rd 358 built and last sold?
The property at 44802 County Rd 358 was built in 2019 and last sold on Jun 29, 2018 for $190,000.
How much is this home worth?
The estimated value of the home located at 44802 County Rd 358 is $0.
What are some comparable homes to 44802 County Rd 358?
There are currently no comparable homes to 44802 County Rd 358.
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