NOT LISTED FOR SALE

2909 S Lakeshore Dr Saint Joseph, MI 49085

Estimated Value: $320,000 - $399,000

3 Beds
4 Baths
-- Sq Ft
0.68 Acres

Last Sold May 17, 2022

Last sale price $278,000

Est. 27% increase in value since last sale

Current estimated payment $2,362/month

9 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 5-minute walk to Shoreham Downs Village Park
  • Upton Middle School Rated A

About This Home

As of May 2022

GREAT OPPORTUNITY! 4 unit investment property on the corner of Brown School Rd., and Lakeshore Drive in Shoreham Village. 2 newer HVAC units, and 1 newer hot water heater. Units 1 & 3 are being sold furnished and have been remodeled and previously rented for $700-$850/month. The 4th unit (2 bedroom & largest unit) has been completely gutted, and will require the renovation work to be completed as will unit #2. Attached 2 car garage (attached to unit #4), large yard, as well as a shed. Great location and convenient to shopping, downtown, hospital, etc. The 2 bedroom has leased for $1100+ per month and also has laundry room.

Last Agent to Sell the Property

Anne Gain

@properties Christie's International R.E. License #6506045331 Listed on: 12/02/2021

@properties Christie's International R.E.

Last Buyer's Agent

Scott Rider

Grand River Realty License #6501431428

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,370

Year Built

  • Built in 1900

Lot Details

  • 0.68

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding
  • Aluminum Siding

Utilities

  • No Cooling
  • Forced Air Heating System
  • Natural Gas Connected

Additional Features

  • Michigan Basement
  • 0.68 Acre Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,370

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Aluminum Siding, Wood Siding
  • List Price: 325000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.68
  • Lot Size Area: 0.68
  • Lot Size Sq Ft: 29621.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 3370.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2023
Sold by
Mccormick Matthew
Bought by
Mccormick Homes Llc
Current Estimated Value
$354,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$391,898
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
-$43,741

Purchase Details

Listed on
Dec 2, 2021
Closed on
May 5, 2022
Sold by
Shirley Pearson
Bought by
Mccormick Matthew
Seller's Agent
Anne Gain
@properties Christie's International R.E.
Buyer's Agent
Scott Rider
Grand River Realty
List Price
$325,000
Sold Price
$278,000
Premium/Discount to List
-$47,000
-14.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.19%
Original Mortgage
$260,000
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 11, 2011
Closed on
Mar 5, 2012
Sold by
Breinling James F
Bought by
Pearson Shirley and George Smith Trust
Seller's Agent
John Bartz
ERA Reardon Realty
Buyer's Agent
Eric Heaton
American Homes Real Estate
List Price
$134,900
Sold Price
$106,000
Premium/Discount to List
-$28,900
-21.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.91%

Purchase Details

Closed on
Feb 5, 2010
Sold by
Breinling Stephen
Bought by
Stephen A Breinling Revocable Trust and Breinling Stephen A

Purchase Details

Closed on
Jan 30, 1995

Purchase Details

Closed on
Sep 13, 1990

Purchase Details

Closed on
Aug 28, 1987
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
Mccormick Homes Llc -- None Listed On Document
Mccormick Matthew $278,000 Holmstrom Law Office Plc
Pearson Shirley -- Holmstrom Law Office Plc
Pearson Shirley -- Multiple
Stephen A Breinling Revocable Trust -- None Available
-- $132,000 --
-- $104,500 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccormick Homes Llc $400,000
Previous Owner Mccormick Matthew $260,000
Previous Owner Breinling Stephen $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2022 05/17/22 Sold $278,000 -14.5% --
12/02/2021 12/02/21 For Sale $325,000 +206.6% --
03/06/2012 03/06/12 Sold $106,000 -21.4% --
02/27/2012 02/27/12 Pending -- -- --
05/11/2011 05/11/11 For Sale $134,900 -- --
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 $5,077 $140,100 $0 $0
2024 $3,906 $112,200 $0 $0
2023 $3,720 $94,700 $0 $0
2022 $3,481 $90,700 $0 $0
2021 $4,422 $87,400 $36,900 $50,500
2020 $4,226 $84,600 $0 $0
2019 $4,143 $82,200 $36,500 $45,700
2018 $133 $82,200 $0 $0
2017 $3,978 $82,500 $0 $0
2016 $3,916 $85,300 $0 $0
2015 $3,877 $83,300 $0 $0
2014 $3,047 $80,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Anne Gain

    Seller's Agent in 2022

    Anne Gain

    @ Properties

    (269) 277-6077

    11 in this area

    289 Total Sales

    Section Image
  • Scott Rider

    Buyer's Agent in 2022

    Scott Rider

    Grand River Realty

    (616) 389-0881

    1 in this area

    85 Total Sales

    Section Image

  • J

    Seller's Agent in 2012

    John Bartz

    ERA Reardon Realty

    Section Image

  • E

    Buyer's Agent in 2012

    Eric Heaton

    American Homes Real Estate

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21117109

Southwestern Michigan Association of REALTORS®

APN: 11-43-0003-0010-02-1

Michigan Berrien County Saint Joseph 49085

2909 S Lakeshore Dr, Saint Joseph, MI

This home is located at 2909 S Lakeshore Dr, Saint Joseph, MI 49085 since 02 December 2021 and is currently estimated at $356,360. This property was built in 1900. 2909 S Lakeshore Dr is a home located in Berrien County with nearby schools including Upton Middle School, St. Joseph High School, and Trinity Lutheran 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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