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4961 SW 196TH AVENUE

House Recently Sold
$140,000

BTC: 2.17391304

ETH: 73.58197031

Sold on: 2024-10-03
1 days
3 bds
2 ba
1,380 sqft

Overview

Potential Investment Property in Rainbow Lakes Estates **Location:** - Close to Wolverine Lake - Proximity to various outdoor activities **Features:** - Excellent investment potential - Ideal for retirement or family living - New roof for durability and peace of mind **Nearby Amenities:** - Lakes for fishing, boating, and swimming - Parks and trails for hiking and biking - Community events and activities **Investment Highlights:** - Great starter or retirement home. - Strong rental market in the area - Potential for value appreciation **Conclusion:** This property offers a unique opportunity for both investors and families seeking a beautiful, active lifestyle near nature.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1987
Lot:
0.29 Acres
Heating:
Central
Price/sqft:
$101
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$189,900
$121K – $231K
Confidence Low
List vs. estimate
$49K below estimate
List $140,000 · -26.3%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$101
-45.1% vs. city median $184
Based on
7 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$675
2023
Garage
1 car garage
Furnished
Negotiable
All facts and features
  • Flooring

    • Carpet

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Electric Water Heater

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Dog Run / Sidewalk / Storage

    Lot

    • Lot: 0.29 Acres

    Other Property Information

    • Parcel Number: 1760002102

    • Zoning: R1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Connected

    • Electricity Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $675

  • Source details

    • MLS ID: OM686253

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: In Garage

    • Direction Faces: West

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1380

    • Water Source: Public

    • Lot Size Dimensions: 50 x 253

    • Subdivision Name: RAINBOW ACRES ADD 02

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: LOKATION