NOT LISTED FOR SALE

2615 Lakeview Ave Saint Joseph, MI 49085

Estimated Value: $338,000 - $410,000

4 Beds
2 Baths
-- Sq Ft
0.56 Acres

Last Sold December 14, 2021

Last sale price $280,000

Est. 30% increase in value since last sale

Current estimated payment $2,451/month

4 Days on Market

Highlights

  • 0.56 Acre Lot
  • Upton Middle School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of December 2021

This is a great investment opportunity with a location that's second to none. Across the street from St. Joseph High-School and many restaurants/industries nearby. It's no wonder the rental history is so strong. The main floor offers 1200 square feet of living space, oak flooring, two nice size bedrooms, a wonderful four season sunroom, a wood burning fireplace in the living room and large eat-in kitchen. Access to the two car garage and full basement are amenities of living on the first floor. The second unit offers 1027 square feet of living space, two bedrooms, bath, kitchen and living room. Lots of natural light and tall ceilings throughout both units making it feel light and airy. Not only that but the large backyard backs up to a beautiful ravine. Tenants have commented that this property feels more like a home than most. Don't let this investment property pass you by.

Last Agent to Sell the Property

Caleb Dryden

Century 21 Affiliated License #6501428938 Listed on: 11/04/2021

Last Buyer's Agent

Scott McLauchlin

McLauchlin Realty, Inc.

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,780

Year Built

  • Built in 1940

Lot Details

  • 0.56 Acre Lot

Parking

  • 4 Parking Spaces

Home Design

  • Aluminum Siding

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, water, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,780

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 274900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Topography: {"Level":true,"Ravine":true}

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.56
  • Lot Size Area: 0.56
  • Lot Size Sq Ft: 24394.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4779.93
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2022
Sold by
Ward William H
Bought by
Ward William D
Current Estimated Value
$365,331

Purchase Details

Listed on
Nov 4, 2021
Closed on
Dec 16, 2021
Sold by
Sun Lee Tae
Bought by
Ward William D and Ward William H
Seller's Agent
Caleb Dryden
Century 21 Affiliated
Buyer's Agent
Scott McLauchlin
McLauchlin Realty, Inc.
List Price
$274,900
Sold Price
$280,000
Premium/Discount to List
$5,100
1.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%
Original Mortgage
$224,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 27, 2015
Closed on
Aug 28, 2015
Sold by
Miller Lisa A and Mikowski Lisa A
Bought by
Lee Tae Sun and Lee Jonathan
Seller's Agent
Betty Biernacki
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Arthur Attila
ERA Reardon Realty
List Price
$174,900
Sold Price
$145,000
Premium/Discount to List
-$29,900
-17.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.01%

Purchase Details

Closed on
Jul 10, 2009
Sold by
Mikowski Joseph and Mikowski Lisa A
Bought by
Mikowski Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.32%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ward William D -- --
Ward William D $280,000 Miller Johnson Schroeder Plc
Lee Tae Sun $145,000 First American Title
Mikowski Lisa A -- Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ward William D $224,000
Previous Owner Mikowski Lisa A $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2021 12/14/21 Sold $280,000 +1.9% --
11/04/2021 11/04/21 For Sale $274,900 +89.6% --
08/28/2015 08/28/15 Sold $145,000 -17.1% -- View Prior Sale
08/28/2015 08/28/15 Pending -- -- --
03/27/2015 03/27/15 For Sale $174,900 -- --
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 $6,239 $177,100 $0 $0
2024 $6,082 $162,900 $0 $0
2023 $5,827 $133,300 $0 $0
2022 $5,380 $114,000 $0 $0
2021 $5,871 $109,200 $49,200 $60,000
2020 $4,776 $105,400 $0 $0
2019 $4,732 $96,100 $46,400 $49,700
2018 $4,647 $96,100 $0 $0
2017 $4,220 $97,100 $0 $0
2016 $4,220 $92,800 $0 $0
2015 $3,803 $84,300 $0 $0
2014 $3,730 $85,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21113696

Southwestern Michigan Association of REALTORS®

APN: 11-76-4460-0003-00-9