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Mason 48854
500 Vanderveen Drive
$228,000
● House - Off Market

500 Vanderveen Drive

Mason, MI 48854
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,100 Ft²
$212,434
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

**Offer Accepted. Showing for back-up only.**Tastefully & Beautifully updated, this 1956 ranch has had a major facelift. From the beautiful kitchen with Stainless appliance package, Corian Countertops new cabinets and expansive kitchen island, to the shiplap chimney surrounding the modernized fireplace, the home is beautiful. New flooring throughout, freshly painted, new double-sink bathroom and new window & door to the rear screen porch. Great for gathering, the open spaces invite entertaining. The relocated new stairway and walls removed flood the home with light. 2 bedrooms up and updated bath. Laundry and potential, non-conforming basement living space downstairs. Updates include LED can lights through the common area, new bathroom with accent tile, new windows, flooring and much more! Call to Visit Today!
Unit Size
1,100 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$191
Property Type
House
Property Taxes
$27,882
HOA Dues
-
Year Built
1956

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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 #22017051)

Price History

Date / Event Date Event Price
Jun 22, 2022 Sold
Premium
Sold
May 9, 2022 Listed by ERA REARDON REALTY, L.L.C. $210,000
Listed by ERA REARDON REALTY, L.L.C.
Jun 24, 2021 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 14
  • Basement Type: 9
  • Basement Area: 1,098
  • Garage Type: 7
  • Garage Square Area: 528
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,248
  • Lot Size Depth Feet: 1,740
  • Lot Size Frontage Feet: 935
  • Total Building Area: 1,098
  • Gross Building Area: 1,098
  • Building Area: 1,098
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,098
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MASON
  • Land Acres: 0000000373
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 3 & N 18.5 FT LOT 4 & VAC STEELE ST W & ADJ TO SD PCL VANDERVEEN SUB, SEC 9 T2N R1W CITY OF MASON, INGHAM CO

Neighborhood

  • School District Name: Mason Public Schools
  • School Tax School District: 33130
  • Census Tract: 006302

Zoning

  • Zoning: RS2

Geography

  • Assessors Map Reference: 10-9F
  • District: 19-10
  • Section: 9T
  • Parcel: 33-19-10-09-329-002
  • Lot: 3-4
  • Meridian: SEC 09 TWN 02N RNG 01W
  • Municipality: MASON CITY
  • Latitude: 42.5744
  • Longitude: -84.4365

    Address

  • Full Address: 500 Vanderveen Dr
  • Legal Unit: 3,4
  • Address - House Number: 500
  • Address - Street Name: Vanderveen
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Mason
  • Carrier Code: C002
  • 4-Digit Zip Code: 1959
  • Zip Code: 48854

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $440,277
  • Initial Tax Delinquent Year: 2016

    Appraisal Valuation

  • Standard Deviation: 0.2161
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 70
  • Final Value: 226,624
  • High Value: 275,599
  • Low Value: 177,649

    Market Valuation

  • Market Total Value: $183,460
  • Market Land Value: $66,360
  • Market Improvement Value: $117,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $91,730
  • Assessed Land Value: $33,180
  • Assessed Improvements Value: $58,550

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 10, 2022
  • Current Sale Recording Date: Jun 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 24415
  • Previous Sale Recording Date: Jun 24, 2021
  • Previous Sale Contract Date: May 04, 2021
  • Previous Sale Amount: $175,000
  • 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 Mason

Stats & Trends

Median Asking:

$229,900

Sale Price/ft²

$138

Above Asking

0.00%

Average Days on Market

36

Average Home Size

580 ft²

Average Home Age

142 years

Currently For Sale

1 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

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MichRIC

Listed by: Kathy Byerly, ERA REARDON REALTY, L.L.C.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22017051
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 500 Vanderveen Drive built and last sold?
The property at 500 Vanderveen Drive was built in 1956 and last sold on Jun 10, 2022 for $228,000.
How much is this home worth?
The estimated value of the home located at 500 Vanderveen Drive is $0.
What are some comparable homes to 500 Vanderveen Drive?
There are currently no comparable homes to 500 Vanderveen Drive.
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