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Van Buren 49064
49482 49TH
$160,000
● House - Off Market

49482 49TH

Lawrence, MI 49064
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,600 Ft²
$263,366
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

For Comp purposes only
Unit Size
1,600 Ft²
Days on Market
-
Land Size
2.16 acres
Price per sqft
$98
Property Type
House
Property Taxes
$237
HOA Dues
-
Year Built
1900

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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 #16049584)

Price History

Date / Event Date Event Price
Dec 2, 2016 Sold
Premium
Sold
Sep 26, 2016 Sold
Premium
Sold
Jul 6, 2016 Listed by @properties Christie's International R.E. $156,000
Listed by @properties Christie's International R.E.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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 Cover: 0
  • Basement Type: 9
  • Basement Area: 990
  • 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: 94,090
  • Total Building Area: 1,772
  • Building Area: 1,772
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,772
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002160
  • Standard Land Use Code: 1008
  • County Land Use Code: 401
  • Legal Description 1: 15-H 2-3-15 836-389+390 878-408+409 1419-682 1436-962 1641-642 * COM AT N 1/4 POST OF SEC,TH S 0 DEG 20'29"W ON N & S 1/4 L

Neighborhood

  • School District Name: Lawrence Public School District
  • School Tax School District: LAWRENCE
  • Census Tract: 011300

Zoning

  • Zoning: AG

Geography

  • Assessors Map Reference: 15-H
  • District: 13
  • Parcel: 80-13-002-010-35
  • Municipality: LAWRENCE TWP
  • Latitude: 42.2381
  • Longitude: -86.0211

    Address

  • Full Address: 49482 49th St
  • Address - House Number: 49482
  • Address - Street Name: 49th
  • Address - Suffix Type: St
  • State: MI
  • City Name: Lawrence
  • Carrier Code: R002
  • 4-Digit Zip Code: 9660
  • Zip Code: 49064

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $0
  • Tax Rate Code Area: 80130

    Appraisal Valuation

  • Standard Deviation: 0.2387
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 66
  • Final Value: 258,204
  • High Value: 319,860
  • Low Value: 196,548

    Market Valuation

  • Market Total Value: $211,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $105,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 30, 2016
  • Current Sale Recording Date: Dec 02, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Sep 26, 2016
  • Previous Sale Contract Date: Aug 26, 2016
  • Previous Sale Amount: $160,000
  • 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

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MichRIC

Listed by: Mark Wortman, @properties Christie's International R.E.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 16049584
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 49482 49th Street built and last sold?
The property at 49482 49th Street was built in 1900 and last sold on Sep 30, 2016 for $40,000.
How much is this home worth?
The estimated value of the home located at 49482 49th Street is $165,314.
What are some comparable homes to 49482 49th Street?
There are currently no comparable homes to 49482 49th Street.
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