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Van Buren 49047
95990 56th Street
$269,000
● House - Off Market

95990 56th Street

Dowagiac, MI 49047
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,742 Ft²
$305,369
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Beautiful new listing in Dowagiac, Michigan! If you're looking for privacy, here it is! This home sits on 1.63+/- acres and is surrounded by open fields and woods, leaving plenty of room to play! The upper level includes laundry hookup, 4 bedrooms and 2 bathrooms including the primary suite and walk-in closet. The main level offers hardwood/laminate floors throughout, a large living room, spacious formal dining area, family room and/or office space, and a kitchen perfect for entertaining guest. The partially finished basement can be used for your rec room activities and storage. This home is the full package and move-in ready! Seller will sell entire property, totaling 5 acres, for $299,000!
Unit Size
2,742 Ft²
Days on Market
-
Land Size
1.63 acres
Price per sqft
$98
Property Type
House
Property Taxes
$203
HOA Dues
-
Year Built
1998

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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 #21103993)

Price History

Date / Event Date Event Price
Oct 1, 2021 Sold
Premium
Sold
Sep 1, 2021 Listed by Cressy & Everett Real Estate $269,000
Listed by Cressy & Everett Real Estate

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1,212
  • Garage Type: 7
  • Garage Square Area: 810
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 70,567
  • Total Building Area: 2,374
  • Building Area: 2,374
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,374
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001620
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 297-B1 31-4-15 1016-623 1029-930 1161-645 1523-153 1726-758 *** BEG AT SE COR, TH N 88 DEG 39'32"W ALG S SEC L 445 FT FOR

Neighborhood

  • School District Name: Decatur Public Schools
  • School Tax School District: DECATUR
  • Census Tract: 011500

Zoning

  • Zoning: AG

Geography

  • Assessors Map Reference: 297-B1
  • District: 10
  • Section: 330
  • Parcel: 80-10-031-016-50
  • Municipality: HAMILTON TWP
  • Latitude: 42.0711
  • Longitude: -86.0902

    Address

  • Full Address: 95990 56th St
  • Address - House Number: 95990
  • Address - Street Name: 56th
  • Address - Suffix Type: St
  • State: MI
  • City Name: Dowagiac
  • Carrier Code: R002
  • 4-Digit Zip Code: 9504
  • Zip Code: 49047

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $141,079
  • Tax Rate Code Area: 80100

    Appraisal Valuation

  • Standard Deviation: 0.2328
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 361,423
  • High Value: 445,585
  • Low Value: 277,260

    Market Valuation

  • Market Total Value: $296,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $148,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 29, 2021
  • Current Sale Recording Date: Oct 01, 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 Van Buren

Stats & Trends

Median Asking:

$329,000

Sale Price/ft²

$182

Below Asking

0.03%

Average Days on Market

57

Average Home Size

2066 ft²

Average Home Age

60.5 years

Currently For Sale

232 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: Shelly Myers, Cressy & Everett Real Estate
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21103993
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 95990 56th Street built and last sold?
The property at 95990 56th Street was built in 1998 and last sold on Sep 29, 2021 for $269,000.
How much is this home worth?
The estimated value of the home located at 95990 56th Street is $284,348.
What are some comparable homes to 95990 56th Street?
There are currently no comparable homes to 95990 56th Street.
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