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Portage 49024
4521 Cedarcrest Avenue
$263,000
● House - Off Market

4521 Cedarcrest Avenue

Portage, MI 49024
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,570 Ft²
$1,599
Est. Monthly
5.40%
Cap Rate

About This Property

Welcome home to this charming 3-bedroom, 1.5 bath ranch featuring an attached 2-car garage and a fully fenced in yard...perfect for entertaining outdoors on the covered patio.  Inside you'll find beautiful hardwood floors in the spacious living room (which has been freshly painted), a freshly updated kitchen with ceramic tile flooring, fresh paint, countertops and a brand-new dishwasher.  The finished basement offers bonus living space with a rec room, home office (or gym), laundry area and lots of storage space. This move-in ready gem is conveniently located to Portage and Kalamazoo.
Unit Size
1,570 Ft²
Days on Market
36 days
Land Size
0.22 acres
Price per sqft
$162
Property Type
House
Property Taxes
$347
HOA Dues
-
Year Built
1975

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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: 2 years ago (MichRIC MLS #25014151)

Price History

Date / Event Date Event Price
May 15, 2025 Sold
Premium
Sold
Apr 15, 2025 In contract -
In contract
Apr 9, 2025 Listed by Five Star Real Estate $255,000
Listed by Five Star Real Estate
Nov 1, 2023 Sold
Premium
Sold
Sep 18, 2023 Listed by Five Star Real Estate $220,000
Listed by Five Star Real Estate

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,040
  • Garage Type: 7
  • Garage Square Area: 1,056
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTFIELD
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: WESTFIELD #5 LOT 197

Neighborhood

  • School District Name: Portage Public Schools
  • School Tax School District: PORTAGE
  • Census Tract: 002003

Zoning

  • Zoning: R-1B

Geography

  • District: 10
  • Parcel: 10-08765-197-O
  • Lot: 197
  • Municipality: PORTAGE CITY
  • Latitude: 42.2338
  • Longitude: -85.6443

    Address

  • Full Address: 4521 Cedarcrest Ave
  • Address - House Number: 4521
  • Address - Street Name: Cedarcrest
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Portage
  • Carrier Code: C020
  • 4-Digit Zip Code: 9523
  • Zip Code: 49024

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $240,435

    Appraisal Valuation

  • Standard Deviation: 0.0922
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 91
  • Final Value: 221,386
  • High Value: 241,818
  • Low Value: 200,953

    Market Valuation

  • Market Total Value: $163,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $81,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 20, 2023
  • Current Sale Recording Date: Nov 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 26350
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 Portage

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$161

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2089 ft²

Average Home Age

44.7 years

Currently For Sale

126 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: Kim Williams, Five Star Real Estate
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25014151
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 4521 Cedarcrest Avenue built and last sold?
The property at 4521 Cedarcrest Avenue was built in 1975 and last sold on Oct 20, 2023 for $220,000.
How much is this home worth?
The estimated value of the home located at 4521 Cedarcrest Avenue is $0.
What are some comparable homes to 4521 Cedarcrest Avenue?
There are currently no comparable homes to 4521 Cedarcrest Avenue.
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