NOT LISTED FOR SALE

15197 Shrago Rd Lakeside, MI 49116

Estimated Value: $672,000 - $1,790,000

4 Beds
2 Baths
-- Sq Ft
7,808 Sq Ft Lot

Last Sold October 27, 2023

Last sale price $450,000

Est. 126% increase in value since last sale

Current estimated payment $6,245/month

12 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 1 Fireplace
  • Baseboard Heating
  • Chikaming Elementary School Rated A-
  • Cooling System Mounted In Outer Wall Opening
  • Level Lot

About This Home

As of October 2023

What an amazing opportunity! Duplex for sale with deeded access to Lake Michigan. Many updates have been made to these units including: a newer roof, updated bathrooms, appliance and kitchen updates, and flooring updates. Non-conforming use (if property was torn down a duplex could not be built there). There is a tenant in the NE unit until 2024. Agents - see agent remarks. Sold as-is. All offers due by 9/11/23 with expiration of 9/12/23.

Last Agent to Sell the Property

Adam Pendl

EXP Realty License #6501426814 Listed on: 09/02/2023

EXP Realty

Last Buyer's Agent

Dan Brake

@properties Christie's International R.E. License #6501376260

@properties Christie's International R.E.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,041

Year Built

  • Built in 1920

Lot Details

  • 7,808 Sq Ft Lot
  • Lot Dimensions are 90x88x87x89
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Crawl Space

Outdoor Features

  • Deeded Waterfront Access Rights

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Window Unit Heating System
  • Baseboard Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for trash collection, water, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,041

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1920
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 90x88x87x89
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 3041.0
  • Waterfront Options:Water Access YN: Yes
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Lot Description:Level: Yes
  • Air Conditioning:Wall Unit(s): Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Substructure:Crawl Space: Yes
  • Heat Type:Baseboard: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Crawl Space
  • Basement: No

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 500000.0
  • Lot Features: Level
  • Number of Buildings: 1
  • Waterfront Features: Lake
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: Window Unit(s), Wall Unit(s)
  • Cooling: Yes
  • Heating: Baseboard
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Electricity Connected
  • Heat Source:Electric2: Yes

Association/Amenities

  • Water Fea Amenities:Deeded Access: Yes

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Dimensions: 90x88x87x89
  • Lot Size Sq Ft: 7808.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electric

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3041.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2025
Sold by
Blue Line Equity Llc
Bought by
Adam Charles Ewing
Current Estimated Value
$1,017,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,750
Outstanding Balance
$510,522
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$506,928

Purchase Details

Closed on
Feb 9, 2024
Sold by
Klek Daniel P and Klek Jessica L
Bought by
Blue Line Equity Llc

Purchase Details

Closed on
Jan 23, 2024
Sold by
Klek Daniel P and Klek Jessica L
Bought by
Blue Line Equity Llc

Purchase Details

Listed on
Sep 2, 2023
Closed on
Nov 6, 2023
Sold by
Roy Hamilton and Roy Evelyn C
Bought by
Klek Daniel P and Klek Jessica L
Seller's Agent
Adam Pendl
EXP Realty
Buyer's Agent
Dan Brake
@properties Christie's International R.E.
List Price
$500,000
Sold Price
$450,000
Premium/Discount to List
-$50,000
-10%
Views
53

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.28%
Original Mortgage
$337,500
Interest Rate
7.19%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Adam Charles Ewing -- None Listed On Document
Blue Line Equity Llc -- None Listed On Document
Blue Line Equity Llc -- None Listed On Document
Klek Daniel P -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adam Charles Ewing $512,750
Previous Owner Klek Daniel P $337,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2023 10/27/23 Sold $450,000 -10.0% --
09/14/2023 09/14/23 Pending -- -- --
09/02/2023 09/02/23 For Sale $500,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

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 $9,958 $264,300 $0 $0
2024 $8,576 $248,800 $0 $0
2023 $3,041 $227,000 $0 $0
2022 $2,896 $197,100 $0 $0
2021 $3,193 $201,900 $137,200 $64,700
2020 $3,154 $180,400 $0 $0
2019 $3,036 $198,700 $133,900 $64,800
2018 $2,960 $198,700 $0 $0
2017 $2,905 $200,000 $0 $0
2016 $2,768 $200,800 $0 $0
2015 $2,759 $232,700 $0 $0
2014 $2,435 $215,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Adam Pendl

    Seller's Agent in 2023

    Adam Pendl

    EXP Realty

    (574) 532-2522

    233 Total Sales

    Adam Pendl
    Section Image
  • Dan Brake

    Buyer's Agent in 2023

    Dan Brake

    @ Properties

    (918) 605-4234

    98 Total Sales

    Dan Brake
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23032852

Southwestern Michigan Association of REALTORS®

APN: 11-07-5620-0035-00-6

Michigan Berrien County Lakeside 49116

15197 Shrago Rd, Lakeside, MI

This home is located at 15197 Shrago Rd, Lakeside, MI 49116 since 02 September 2023 and is currently estimated at $1,017,450. This property was built in 1920. 15197 Shrago Rd is a home located in Berrien County with nearby schools including Chikaming Elementary School, Three Oaks Elementary School, and River Valley Middle/High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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