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Three Rivers 49093
622 Portage Avenue
$115,000
● House - Off Market

622 Portage Avenue

Three Rivers, MI 49093
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,420 Ft²
$173,847
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

Move in Ready! Beautiful 3(possible 4) bedroom, 2 bath home that has many, many updates. Newer 2 car garage brings you in to the well sized mud room with brand new Washer, Dryer. A charming kitchen with marble flooring, gives ample counter and storage space. Striking hardwood floors makes this home show incredibly well. Updates since 2004 total remodel include - Roof, Siding, Windows, AC, Electrical, Attic Insulation, Paint, Flooring, water softener and more! Great home, Great location, Great Opportunity!
Unit Size
1,420 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$81
Property Type
House
Property Taxes
$101
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: 2 years ago (MichRIC MLS #18021279)

Price History

Date / Event Date Event Price
Aug 10, 2018 Sold
Premium
Sold
May 17, 2018 Listed by Berkshire Hathaway HomeServices Michigan Real Estate $114,900
Listed by Berkshire Hathaway HomeServices Michigan Real Estate
Apr 30, 2002 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 816
  • Garage Type: 7
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 1,070
  • Lot Size Frontage Feet: 736
  • Total Building Area: 816
  • Building Area: 816
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 816
  • 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: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 4 BLK 4 POPLAR PLACE SUBCITY OF THREE RIVERS. EXC W 80 FT THEREOF. ALSO PT OF LOT 3 BLK 4 SD SUB DESC AS: COM NE COR SD L

Neighborhood

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

Zoning

  • Zoning: R

Geography

  • District: 051
  • Parcel: 051-150-032-00
  • Block: 4
  • Lot: 4
  • Municipality: THREE RIVERS CITY
  • Latitude: 41.9536
  • Longitude: -85.6291

    Address

  • Full Address: 622 Portage Ave
  • Address - House Number: 622
  • Address - Street Name: Portage
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Three Rivers
  • Carrier Code: C001
  • 4-Digit Zip Code: 1468
  • Zip Code: 49093

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $117,822

    Appraisal Valuation

  • Standard Deviation: 0.359
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 28
  • Final Value: 140,296
  • High Value: 190,664
  • Low Value: 89,927

    Market Valuation

  • Market Total Value: $97,800
  • Market Land Value: $6,000
  • Market Improvement Value: $91,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,900
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $45,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 23, 2018
  • Current Sale Recording Date: Aug 10, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Apr 30, 2002
  • Previous Sale Contract Date: Apr 30, 2002
  • Previous Sale Amount: $82,500
  • Previous Sale Document Type: 27
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

Rentals Near You

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MichRIC

Listed by: Craig Wittenberg, Berkshire Hathaway HomeServices Michigan Real Estate
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 18021279
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 622 Portage Avenue built and last sold?
The property at 622 Portage Avenue was built in 1900 and last sold on Jul 23, 2018 for $115,000.
How much is this home worth?
The estimated value of the home located at 622 Portage Avenue is $0.
What are some comparable homes to 622 Portage Avenue?
There are currently no comparable homes to 622 Portage Avenue.
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