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11559 Williams Rd
Score
74
Montague, MI

11559 Williams Rd

495K
3 bd • 3 ba • 2,016 sf

This analysis was generated on 3/12/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$494,900

Price/Sq.Ft

$245

Year Built

2014

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Granite Countertops: Adds a touch of luxury and durability to the kitchen • Stainless Steel Appliances: Modern and energy-efficient appliances enhance the kitchen's appeal • Hardwood Floors: Adds warmth and elegance to the living spaces • Large Red Barn: Provides ample storage or workshop space, adding significant value for hobbyists or those needing storage • Double Shower Heads: Adds a luxurious touch to the bathroom • Open-Concept Living Area • Loft Space • Updated Kitchen • Large Windows • Red Barn • Price Position: The property is listed at $245.49 per square foot, which is significantly higher than the median price per square foot in the area ($167). This suggests the property may be overpriced compared to other homes in the area. • Appreciation Trend: Homes in 49437 have sold for 15.1% more than they did a year ago. This indicates a strong appreciation trend, but it's important to note that the market is now shifting towards a buyer's market. • Rental Income: $2,000/month with 90% occupancy (0.0% cap rate) • Schools: School ratings have a moderate impact on property values. The 7/10 rating of Montague High School neither significantly enhances nor detracts from property values compared to similar homes in the region. • Future Development: No specific major developments are planned near 11559 Williams Rd that would negatively impact the property. The proximity to Lake Michigan and Meinert Park Beach enhances recreational value. • The house has good natural light, especially in the living areas and bedrooms. The large windows provide ample sunlight and views of the surrounding landscape. • The layout is functional, with an open-concept living area and a loft space. The bedrooms are adequately sized, and the bathrooms are conveniently located.

The Bad

• Bathroom Update (MEDIUM priority): $5,000 • Exterior Painting (LOW priority): $2,000 • The property has experienced multiple price reductions, indicating potential challenges in attracting buyers at the initial listing price. • The shift from a seller's market last year to a buyer's market now suggests increased competition and downward pressure on prices. • Reliance on well and septic systems may present maintenance or replacement costs that city water/sewer properties do not have.

The Ugly

No critical issues identified
Vinyl Siding

Vinyl Siding

The exterior siding appears to be vinyl, which may require maintenance or replacement in the future.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

Rental Property Investors: Potential annual revenue of $24,000 with 90% occupancy rate Value Investors: Projected 6.1% appreciation potential in moderate scenario Renovation-Minded Buyers: Estimated $7,000 in strategic upgrades could significantly increase property value

Not For

No specific buyer categories to avoid identified
Demographics
Area Median Income

$67,321

Property History

Price History
Ownership Timeline
$420,000Financed
Dec 17, 2021
Jacob Kutzhal, Jennifer KutzhalElizabeth Brocklehurst, Mark Brocklehurst
Warranty Deed
Standard Sale (Purchase/Resales)
$24,000Cash Purchase
Apr 24, 2013
Michigan Commerce BankMichael Sikkenga
Other
Standard Sale (Purchase/Resales)
$1,556Cash Purchase
Jan 30, 2013
Muskegon County TreasurerMichigan Commerce Bank
Redemption Deed
Non-Arm's Length Transactions
$19,161Cash Purchase
Aug 31, 2012
Patrick N Herremans, Jennifer HerremansMichigan Commerce Bank
Sheriffs Deed
Foreclosure
$0Cash Purchase
Aug 19, 2005
David F Woller, Blanche L WollerPatrick Herremans, Jennifer Herremans
Warranty Deed
Non-Residential Arm's Length Transactions

Property Taxes

$6,906
2024 Tax Assessment
4.6%from previous year
Assessed Value$244,400
Tax Rate2.83%

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

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Schools

Nearby school quality by education level

Middle

5.0/10
Average

High

7.0/10
Good

Financials

Monthly Costs
Market Rent (3 bed)

$672

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