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Allegan 49090
7350 Lake Ridge Road
$125,000
● House - Off Market

7350 Lake Ridge Road

South Haven, MI 49090
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,820 Ft²
$235,167
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

Welcome to this 3 bedroom 2 full bath split level home a block from Lake Michigan in the charming town of South Haven. The large

master bedroom includes a private bathroom. The home has two fireplaces and a lower level that walks out to a stone three season room and an expansive 1 acre lot.

Sq ft is not calculated in the lower level because it is not finished at this time.
Unit Size
1,820 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$76
Property Type
House
Property Taxes
$651
HOA Dues
-
Year Built
1977

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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 #15062375)

Price History

Date / Event Date Event Price
Dec 28, 2022 Sold
Premium
Sold
Nov 4, 2022 Listed by ART Realty LLC - I $225,000
Listed by ART Realty LLC - I
Jun 3, 2016 Sold
Premium
Sold
Dec 9, 2015 Listed by ART Realty LLC - I $137,700
Listed by ART Realty LLC - I
Jul 10, 2014 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 572
  • Garage Type: 7
  • Garage Square Area: 572
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,251
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,224
  • Building Area: 1,224
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,224
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: G & L NORTH VIEW VILLAGE
  • Land Acres: 0000000947
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 12 AND W 1/2 LOT 13 G & L NORTH VIEW VILLAGE ALSO COM S 1/4 PST TH N 441.58' TH W 1093.46' TH N 130' TH W 150' TO POB

Neighborhood

  • School District Name: South Haven Public Schools
  • School Tax School District: SOUTH HAVEN
  • Census Tract: 010500

Zoning

  • Zoning: R-2 LO

Geography

  • District: 02
  • Parcel: 02-490-012-00
  • Lot: 12-13
  • Meridian: SEC 25 TWN 01N RNG 17W
  • Municipality: CASCO TWP
  • Latitude: 42.4351
  • Longitude: -86.2608

    Address

  • Full Address: 7350 Lakeridge Rd
  • Address - House Number: 7350
  • Address - Street Name: Lakeridge
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: South Haven
  • Zip Code: 49090

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $188,191

    Appraisal Valuation

  • Standard Deviation: 0.2352
  • Valuation Date: Feb 22, 2023
  • Confidence Score: 67
  • Final Value: 320,840
  • High Value: 396,327
  • Low Value: 245,352

    Market Valuation

  • Market Total Value: $251,800
  • Market Land Value: $115,000
  • Market Improvement Value: $136,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $125,900
  • Assessed Land Value: $57,500
  • Assessed Improvements Value: $68,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 16, 2022
  • Current Sale Recording Date: Dec 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 23905
  • Previous Sale Recording Date: Jun 03, 2016
  • Previous Sale Contract Date: May 26, 2016
  • Previous Sale Amount: $125,000
  • 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 Allegan

Stats & Trends

Median Asking:

$365,000

Sale Price/ft²

$202

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2158 ft²

Average Home Age

49.9 years

Currently For Sale

323 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: Steve Sterken, ART Realty LLC - I
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 15062375
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 7350 Lakeridge Road built and last sold?
The property at 7350 Lakeridge Road was built in 1977 and last sold on Dec 16, 2022 for $205,000.
How much is this home worth?
The estimated value of the home located at 7350 Lakeridge Road is $0.
What are some comparable homes to 7350 Lakeridge Road?
There are currently no comparable homes to 7350 Lakeridge Road.
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