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Allegan
932 62nd Street
$185,350
● House - Off Market

932 62nd Street

Pullman, MI 49450
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,470 Ft²
$56,273
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Three-Bedroom Home Under Construction On Five Wooded Acres W/ Pond In Pullman MI, Fennville Schools - ONLINE AUCTION Sept. 8, 2021 featuring a 1470 sq. ft. house with three BRs and two bathrooms. LISTED PRICE IS OPENING BID OF AUCTION. This home was moved to current location three years ago and will need to have the interior completed. Exterior is new including roof, siding, windows, foundation, and decks. Interior features open living area, master suite, and large basement. Well and septic permits have expired and will need to be renewed. Excellent opportunity to build equity or for a winter project. Beautiful lot with privacy, pond, and mature trees located just minutes from I-196/US 31 and the lakeshore. Five-acre vacant parcel next to property is also available by auction on same day.
Unit Size
1,470 Ft²
Days on Market
-
Land Size
5.00 acres
Price per sqft
$34
Property Type
House
Property Taxes
$342
HOA Dues
-
Year Built
2018

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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 #21098318)

Price History

Date / Event Date Event Price
Oct 14, 2021 Sold
Premium
Sold
Aug 3, 2021 Listed by LastBidRealEstate.com $50,000
Listed by LastBidRealEstate.com

Property Highlights

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • 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: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,352
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 217,800
  • Total Building Area: 1,352
  • Building Area: 1,352
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,352
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005000
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: COM AT E 1/4 PST TH N 657.60' TO POB TH W 663.92' TH N 327.60' TH E 663.92' TH S 327.60' TO POB SEC 11 T1N R16W (07).

Neighborhood

  • School District Name: Fennville Public Schools
  • School Tax School District: FENNVILLE
  • Census Tract: 030901

Zoning

  • Zoning: AGRICU

Geography

  • District: 02
  • Parcel: 02-011-022-20
  • Meridian: SEC 11 TWN 01N RNG 16W
  • Municipality: CASCO TWP
  • Latitude: 42.4861
  • Longitude: -86.1498

    Address

  • Full Address: 932 62nd St
  • Address - House Number: 932
  • Address - Street Name: 62nd
  • Address - Suffix Type: St
  • State: MI
  • City Name: Pullman
  • Carrier Code: R012
  • 4-Digit Zip Code: 9784
  • Zip Code: 49450

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $83,488

    Appraisal Valuation

  • Standard Deviation: 0.2122
  • Valuation Date: Jun 22, 2022
  • Confidence Score: 71
  • Final Value: 258,777
  • High Value: 313,699
  • Low Value: 203,855

    Market Valuation

  • Market Total Value: $216,400
  • Market Land Value: $38,800
  • Market Improvement Value: $177,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $108,200
  • Assessed Land Value: $19,400
  • Assessed Improvements Value: $88,800

    Sales

  • Current Sale Contract Date: Sep 29, 2021
  • Current Sale Recording Date: Oct 14, 2021
  • Current Sale Price:
    Premium
  • Current 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 Allegan

Stats & Trends

Median Asking:

$365,000

Sale Price/ft²

$202

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2157 ft²

Average Home Age

49.3 years

Currently For Sale

320 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: Victor P Kuiper, LastBidRealEstate.com
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21098318
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 932 62nd Street built and last sold?
The property at 932 62nd Street was built in 2018 and last sold on Sep 29, 2021 for $168,500.
How much is this home worth?
The estimated value of the home located at 932 62nd Street is $0.
What are some comparable homes to 932 62nd Street?
There are currently no comparable homes to 932 62nd Street.
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