$239,000
$37K PRICE DROP

501 Sherwood Ave Three Oaks, MI 49128

Estimated payment $1,473/month

Total Views 8,577
2 Beds
1 Bath
650 Sq Ft
$368 Price per Sq Ft

Highlights

  • 1 Car Detached Garage
  • Window Unit Cooling System
  • Replacement Windows
  • Chikaming Elementary School Rated A-
  • Baseboard Heating
  • 1-Story Property

About This Home

Approved for short-term rental, this charming 2-bedroom, 1-bath home offers a unique blend of historic character and modern conveniences. With recent renovations in 2023 that include new windows, siding, a new roof, and doors, the property has been thoughtfully updated while maintaining its original appeal.

Inside, you'll discover contemporary updates that combine functionality with a cozy ambiance. The inviting deck area is the perfect spot to relax—enjoy a good book or a leisurely morning coffee. Additionally, a separate 10x18 studio provides versatile extra space, ideal for a home office, art studio, or any creative pursuit you envision.

Listing Agent

Richard Shepardson

RE/MAX by the Lake License #6501364812 Listed on: 06/17/2025

RE/MAX by the Lake

Co-Listing Agent

Richard Shepardson

RE/MAX by the Lake License #6501364812

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,158

Year Built

  • Built in 1945

Lot Details

  • 7,125 Sq Ft Lot
  • Lot Dimensions are 57x125x57x125
  • Shrub

Parking

  • 1 Car Detached Garage
  • Side Facing Garage

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 650 Sq Ft Home
  • 1-Story Property
  • Replacement Windows
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Laundry in Kitchen
  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,158

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 1
  • Year Built: 1945
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 57x125x57x125
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 650.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 2158.0
  • Windows:Replacement: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Utilities Attached:Cable: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Air Conditioning:Window Unit(s): Yes
  • Roofing:Metal: Yes
  • Substructure:Crawl Space: Yes
  • Heat Type:Baseboard: Yes
  • Water Heater:Electric3: Yes
  • General Property Info:SqFt Above Grade: 650.0
  • General Property Info Garage YN: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space
  • LivingArea: 650.0
  • Window Features: Replacement
  • General Property Info:Stories2: 1.0
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Laundry Features:In Kitchen: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 239000.0
  • Road Surface Type: Paved
  • Roof: Metal
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Garage Faces Side, Detached
  • Parking Features:Detached2: Yes
  • Parking Features:Garage Faces Side: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Baseboard
  • Heating: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public
  • Utilities: Cable Connected
  • Water Source: Public
  • Heat Source:Electric2: Yes

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Dimensions: 57x125x57x125
  • Lot Size Sq Ft: 7125.0

Tax Info

  • Tax Annual Amount: 2158.0
  • Tax Year: 2024

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,546 $42,000 $0 $0
2024 $1,027 $38,100 $0 $0
2023 $998 $37,200 $0 $0
2022 $567 $30,900 $0 $0
2021 $766 $28,700 $9,800 $18,900
2020 $724 $19,900 $0 $0
2019 $674 $17,600 $6,800 $10,800
2018 $653 $17,600 $0 $0
2017 $650 $17,701 $0 $0
2016 $640 $16,098 $0 $0
2015 $656 $16,929 $0 $0
2014 $177 $16,314 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 Price Changed $239,000 -4.4% $368 / Sq Ft
07/21/2025 07/21/25 Price Changed $249,900 -3.8% $384 / Sq Ft
07/02/2025 07/02/25 Price Changed $259,900 -5.8% $400 / Sq Ft
06/17/2025 06/17/25 For Sale $275,900 -- $424 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Sheriffs Deed $25,000 None Available
Deed $51,200 --
Deed $51,200 --
Deed $40,000 --
Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $42,000 Purchase Money Mortgage
Previous Owner $31,339 Credit Line Revolving
Previous Owner $12,500 Credit Line Revolving
Previous Owner $67,344 Credit Line Revolving
Source: Public Records

Similar Homes in Three Oaks, MI

  • 202 Maple St, Three Oaks, MI 49128

    $215,000

    • 3 Beds
    • 1 Bath
    • 1,539 Sq Ft
    • 202 Maple St
    • Three Oaks, MI

    Situated just 2 blocks from the vibrant downtown of Three Oaks, this inviting 3-bedroom, 1-bathroom, corner lot home offers the perfect blend of small-town charm and convenience. Enjoy being just steps away from local shops, restaurants, and community events, while still having a peaceful retreat to call your own. This home features a functional layout with room to make improvements and add your

    Caleb Dryden @properties Christie's International R.E.

    Section Image
  • 8 Branch Ct, Three Oaks, MI 49128

    $295,000

    • 3 Beds
    • 1 Bath
    • 930 Sq Ft
    • 8 Branch Ct
    • Three Oaks, MI

    Tucked away in a gorgeous English Garden is this country cottage in the heart of Three Oaks. A successful AirB&B with a short term rental permit in place, this turn key cottage evokes a timeless Provencal charm. Just steps to Journeyman Distillery, The Acorn Theater, The Three Oaks Museum, and all of downtown. Plenty of room in this 3 bed/1 bath with screen porch, patio and deck. The vaulted

    Mario Zarantenello Brokerworks Real Estate Group

    Section Image
  • 308 N Elm St, Three Oaks, MI 49128

    $294,500

    • 2 Beds
    • 1 Bath
    • 1,075 Sq Ft
    • 308 N Elm St
    • Three Oaks, MI

    This charming, like-new home sits on a spacious double lot just one block from historic downtown Three Oaks. Totally updated from top to bottom, featuring new siding, windows, roof, furnace, ON-DEMAND hot water, central air, and new 200 AMP ELECTRICAL. The inviting eat-in kitchen boasts all-new stainless-steel appliances. Situated on a spacious corner lot, the property includes a wonderful

    Maggie Olson Cressy & Everett R.E. of Harbor Country

    Section Image
  • 4985 W Gilpin Rd, Three Oaks, MI 49128

    $275,000

    • 4 Beds
    • 1 Bath
    • 1,468 Sq Ft
    • 4985 W Gilpin Rd
    • Three Oaks, MI

    Step back in time on this peaceful 2.84 acre property. A part of the founding settlement of the town of Avery in the late 1800s, the 3 bed, 1 bath home was part of the historic Avery Hotel and served as a local social center along with the Avery Train Station. A 3,200+ sq ft, 100+ yr old barn makes great potential for a wedding venue, bed and breakfast, or creative event space as well. The

    Dawn Tomlinson RE/MAX by the Lake

    Section Image
  • 6244 Indian Trail, Three Oaks, MI 49128

    $199,500

    • 3 Beds
    • 1.5 Baths
    • 1,400 Sq Ft
    • 6244 Indian Trail
    • Three Oaks, MI

    Nestled on a sprawling corner lot along a tranquil and picturesque country road, this 3-bedroom ranch offers endless potential. This hidden Harbor Country gem works as a cozy year-round residence, a peaceful weekend retreat, or a lucrative short-term rental opportunity. Step inside to discover an open floor plan connecting spacious rooms just waiting for your design ideas. With city water,

    Jerry Olson Cressy & Everett R.E. of Harbor Country

    Section Image

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25029078

Southwestern Michigan Association of REALTORS®

APN: 11-47-7260-0052-00-7