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Three Oaks 49128
807 Cherry Street
$82,500
● House - Off Market

807 Cherry Street

Three Oaks, MI 49128
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,000 Ft²
$209,759
RealtyHop Estimate
109.97%
Since Mar 1, 2013
National-US
Primary Model

About This Property

Built on a double corner lot in the Village of Three Oaks, with a minimum of cosmetic work, this would be a dollhouse. Big basement, overlooks farmland. Estate sale--no disclosures. Motivated to sell--all offers considered.
Unit Size
1,000 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$100
Property Type
House
Property Taxes
$120
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #12006324)

Price History

Date / Event Date Event Price
Feb 27, 2013 Sold
Premium
Sold
Feb 2, 2012 Listed by Olson Real Estate $99,900
Listed by Olson Real Estate

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,064
  • 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: 13,112
  • Lot Size Depth Feet: 1,420
  • Lot Size Frontage Feet: 924
  • Total Building Area: 1,540
  • Building Area: 1,540
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,540
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHEFFIELDS ADD
  • Land Acres: 0000000301
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: ENTIRE LOTS 1 & 2 & N 10' OF LOTS 11 & 12 BLK 4 SHEFFIELDS ADD TO VILL OF THREE OAKS

Neighborhood

  • School District Name: River Valley School District
  • School Tax School District: RIVER VALLEY
  • Census Tract: 011400

Geography

  • Assessors Map Reference: 002-1
  • District: 47
  • Parcel: 47-7200-0037-00-4
  • Block: 4
  • Lot: 1-12
  • Municipality: THREE OAKS TWP
  • Latitude: 41.8094
  • Longitude: -86.6089

    Address

  • Full Address: 807 Cherry St
  • Address - House Number: 807
  • Address - Street Name: Cherry
  • Address - Suffix Type: St
  • State: MI
  • City Name: Three Oaks
  • Carrier Code: C002
  • 4-Digit Zip Code: 1023
  • Zip Code: 49128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $159,854

    Appraisal Valuation

  • Standard Deviation: 0.3113
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 37
  • Final Value: 163,610
  • High Value: 214,556
  • Low Value: 112,663

    Market Valuation

  • Market Total Value: $274,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $137,400

    Exemptions

  • Homeowner Exemption: Yes
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 Oaks

Stats & Trends

Median Asking:

$379,250

Sale Price/ft²

$243

Below Asking

0.06%

Average Days on Market

77

Average Home Size

1819 ft²

Average Home Age

85.5 years

Currently For Sale

14 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: Robert Khoury, Olson Real Estate
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 12006324
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 807 Cherry Street built and last sold?
The property at 807 Cherry Street was built in 1960 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 807 Cherry Street is $0.
What are some comparable homes to 807 Cherry Street?
There are currently no comparable homes to 807 Cherry Street.
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