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Marshall 49068
709 E North Drive
$159,000
● House - Off Market

709 E North Drive

Marshall, MI 49068
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,484 Ft²
$268,627
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

Remodeled ranch home boasting a spectacular kitchen, all new main bath with heated floors and  a new 1/2 bath. Updated electrical and plumbing.    New larger window in kitchen overlooks the landscaped yard.   New patio door leads to a spacious deck.

Price reflects a new roof to be installed in Sept. 2017
Unit Size
1,484 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$114
Property Type
House
Property Taxes
$259
HOA Dues
-
Year Built
1971

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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 #17038625)

Price History

Date / Event Date Event Price
Oct 30, 2017 Sold
Premium
Sold
Aug 2, 2017 Listed by USREALTY.COM LLP $169,000
Listed by USREALTY.COM LLP
Apr 11, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 1,484
  • Garage Type: 7
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,977
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 847
  • Total Building Area: 1,484
  • Building Area: 1,484
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,484
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH TERRACE
  • Land Acres: 0000000252
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: MARSHALL CITY, PLAT OF NORTH TERRACE LOT 8

Neighborhood

  • School District Name: Marshall Public Schools
  • School Tax School District: MARSHALL
  • Census Tract: 003900

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: WHPA
  • District: 53
  • Parcel: 53-009-708-00
  • Lot: 8
  • Municipality: MARSHALL CITY
  • Latitude: 42.2827
  • Longitude: -84.9512

    Address

  • Full Address: 709 North Dr E
  • Address - House Number: 709
  • Street Segment Direction: E
  • Address - Street Name: North
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Marshall
  • Carrier Code: R007
  • 4-Digit Zip Code: 1287
  • Zip Code: 49068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $404,646

    Appraisal Valuation

  • Standard Deviation: 0.2069
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 72
  • Final Value: 225,929
  • High Value: 272,695
  • Low Value: 179,163

    Market Valuation

  • Market Total Value: $165,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $82,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 20, 2017
  • Current Sale Recording Date: Oct 30, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4183-0045
  • Previous Sale Recording Date: Apr 11, 2005
  • Previous Sale Contract Date: Mar 28, 2005
  • Previous Sale Amount: $133,400
  • 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 Marshall

Stats & Trends

Median Asking:

$239,900

Sale Price/ft²

$158

Below Asking

0.03%

Average Days on Market

55

Average Home Size

1675 ft²

Average Home Age

88.4 years

Currently For Sale

36 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: Ryan Gehris, USREALTY.COM LLP
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 17038625
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 709 N Drive East built and last sold?
The property at 709 N Drive East was built in 1971 and last sold on Oct 20, 2017 for $159,000.
How much is this home worth?
The estimated value of the home located at 709 N Drive East is $0.
What are some comparable homes to 709 N Drive East?
There are currently no comparable homes to 709 N Drive East.
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