For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Berrien 49098
9524 Red Arrow Highway
$241,000
● House - Off Market

9524 Red Arrow Highway

Watervliet, MI 49098
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,524 Ft²
$233,130
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Looking for acreage but still close to town?  Look no further than this well maintained 3 bedroom 2 bath home on 3 full acres.  With a new furnace in 2021, a new hot water tank in 2022 and a new Electrical panel some of the major updates have already been done for you. The private country setting back yard has 2 storage sheds that you may never use as the heated detached garage measures an impressive 1648sqft.  Hurry in to view this home as it won't be around long.
Unit Size
1,524 Ft²
Days on Market
44 days
Land Size
3.00 acres
Price per sqft
$154
Property Type
House
Property Taxes
$110
HOA Dues
-
Year Built
1960

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 2 years ago (MichRIC MLS #23032870)

Price History

Date / Event Date Event Price
Oct 24, 2023 Sold
Premium
Sold
Sep 2, 2023 Listed by Century 21 Affiliated $234,000
Listed by Century 21 Affiliated
May 22, 1987 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 4
  • 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 Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 130,680
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003000
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: COM AT INTER OF C/L OF US12 HWY & THE W LN OF SE1/4 OF NE1/4 OF SEC 24 T3S R17W TH NELY ON HWY 76' TH SELY TO A PT ON THE N

Neighborhood

  • School District Name: Watervliet School District
  • School Tax School District: WATERVLIET
  • Census Tract: 010300

Zoning

  • Zoning: AG

Geography

  • Assessors Map Reference: 024-2
  • District: 21
  • Parcel: 21-0024-0016-00-9
  • Meridian: SEC 24 TWN 03S RNG 17W
  • Municipality: WATERVLIET TWP
  • Latitude: 42.1941
  • Longitude: -86.228

    Address

  • Full Address: 9524 Red Arrow Hwy
  • Address - House Number: 9524
  • Address - Street Name: Red Arrow
  • Address - Suffix Type: Hwy
  • State: MI
  • City Name: Watervliet
  • Carrier Code: R011
  • 4-Digit Zip Code: 8559
  • Zip Code: 49098

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $84,480

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 70
  • Final Value: 236,963
  • High Value: 287,524
  • Low Value: 186,401

    Market Valuation

  • Market Total Value: $147,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $73,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 24, 2023
  • Current Sale Recording Date: Oct 24, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 391652
  • Previous Sale Recording Date: May 22, 1987
  • Previous Sale Contract Date: May 22, 1987
  • Previous Sale Amount: $10,600
  • 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 Berrien

Stats & Trends

Median Asking:

$322,025

Sale Price/ft²

$185

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2020 ft²

Average Home Age

59.9 years

Currently For Sale

593 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

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Daniel Graffenius, Century 21 Affiliated
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 23032870
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 9524 Red Arrow Highway built and last sold?
The property at 9524 Red Arrow Highway was built in 1960 and last sold on Oct 24, 2023 for $241,000.
How much is this home worth?
The estimated value of the home located at 9524 Red Arrow Highway is $0.
What are some comparable homes to 9524 Red Arrow Highway?
There are currently no comparable homes to 9524 Red Arrow Highway.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Watervliet Homes for Sale
Watervliet Houses for Sale
Watervliet Condos for Sale
Watervliet Land for Sale
Watervliet Commercial for Sale
Watervliet Homes with Basements
Watervliet Homes with Pools
Watervliet Homes with Parking
Nearby Cities
Paw Paw Lake Homes for Sale
Coloma Homes for Sale
Hartford Homes for Sale
Nearby Property Records
Van Buren County, MI Property Records
Cass County, MI Property Records
Allegan County, MI Property Records
Berrien County, MI Property Records
Kalamazoo County, MI Property Records
St. Joseph County, IN Property Records
St. Joseph County, MI Property Records
Elkhart County, IN Property Records
Nearby Counties
Coloma Homes for Sale
Hartford Homes for Sale
Covert Homes for Sale
Keeler Homes for Sale
Bainbridge Homes for Sale
Bangor Homes for Sale
Coloma Homes for Sale
Hartford Homes for Sale
Top Real Estate Agents
Top Agents in Watervliet
Top Agents in 49022
Top Agents in 49038
Top Agents in Coloma
Top Agents in 49098
Top Agents in Paw Paw Lake
Top Agents in 49057
Top Agents in Hartford