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3224 Holton Rd
Score
69
Twin Lake, MI

3224 Holton Rd

350K
3 bd • 3 ba • 1,908 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

$349,900

Price/Sq.Ft

$183

Year Built

2001

AI Property Analysis

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

The Good

• Vaulted Ceilings: Vaulted ceilings add to the spaciousness of the living area • Enclosed Hot Tub Area: The enclosed hot tub area could be a desirable feature, depending on the condition of the hot tub • Attached Garage • Front Porch • Vaulted Ceilings • Price Position: At $183.39 per square foot, the property is slightly above the median price per square foot of $178 in the 49457 zip code. • Appreciation Trend: Homes in 49457 have sold for 1.8% more than they did a year ago, indicating moderate appreciation. However, the month-over-month change is only 0.018%, suggesting a slowing trend. • Rental Income: $1,290/month with 90% occupancy (0.0% cap rate) • Schools: Above-average elementary school (Twin Lake School, 7/10) adds a potential 3-5% premium. Middle and high school ratings may not significantly impact value. • Future Development: No specific planned developments are mentioned near the property. • The house appears to have good natural light, especially in the living area. The bedrooms also have adequate natural light. • The layout appears to be functional, with an open-concept living area. The bedrooms are adequately sized, but the bathrooms are small. The laundry room is conveniently located.
Vaulted Ceilings

Vaulted Ceilings

Vaulted ceilings add to the spaciousness of the living area.

The Bad

• Kitchen Renovation (HIGH priority): $15,000 • Bathroom Renovations (MEDIUM priority): $8,000 • Flooring Replacement (MEDIUM priority): $5,000 • Moderate fire risk requires ongoing insurance considerations. • Reliance on well and septic systems can present maintenance and repair costs. • Seller's market conditions may lead to overpaying if not carefully analyzed.

The Ugly

No critical issues identified
Dated Kitchen

Dated Kitchen

The kitchen has dated cabinets, countertops, and appliances. The tile countertop on the island is particularly outdated.

Laminate Flooring

Laminate Flooring

The flooring appears to be laminate, which is a less desirable material than hardwood.

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 $15,480 with 90% occupancy rate Value Investors: Projected 15.7% appreciation potential in moderate scenario Renovation-Minded Buyers: Estimated $28,000 in strategic upgrades could significantly increase property value

Not For

No specific buyer categories to avoid identified
Demographics
Area Median Income

$68,075

Property History

Price History
Ownership Timeline
$197,500Cash Purchase
Sep 26, 2018
David M Petroski, Joann PetroskiAndrew J Hulings, Karrie L Hulings
Warranty Deed
Standard Sale (Purchase/Resales)
$119,900Financed
Nov 1, 2010
Kathy J McfallDavid M Petroski, Joann Petroski
Warranty Deed
Standard Sale (Purchase/Resales)
$170,000Financed
Apr 26, 2004
Brandon J Spytma, Dana DalsonKathy J Mcfall
Warranty Deed
Standard Sale (Purchase/Resales)

Property Taxes

$3,421
2024 Tax Assessment
7.2%from previous year
Assessed Value$153,300
Tax Rate2.23%

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

Elementary

7.0/10
Good

Middle

5.0/10
Average

High

6.0/10
Good

Financials

Monthly Costs
Market Rent (3 bed)

$700

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Location & Comparables

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