NOT LISTED FOR SALE

3025 Lakeshore Ave Benton Harbor, MI 49022

Estimated Value: $239,000 - $327,179

2 Beds
2 Baths
1,300 Sq Ft
$223/Sq Ft Est. Value

Last Sold January 27, 2023

Last sale price $276,400 $213 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,921/month

8 Days on Market

Highlights

  • Deck
  • Forced Air Heating System
  • Wood Siding
  • Cooling System Mounted In Outer Wall Opening
  • High Speed Internet
  • 1-Story Property

About This Home

As of January 2023

Very profitable vacation rental across the street from Lake Michigan is ready for the 2023 season(Gross rents in excess of 45k annually). This duplex cottage has become a hot spot for tourists due to its central location. You are 5 minutes from St. Joe and 15 minutes to South Haven. Two public beaches are with in 2 miles. Each unit is 1 BR, 1BA. Home is being sold turn key and fully furnished. Cottage is already booking into 2023. Nightly rates can easily be raised this year as they haven't changed in 3 years. Book your showing today.

Last Agent to Sell the Property

Brian Waite

Realty Executives Instant Equity License #6501394999 Listed on: 12/21/2022

Last Buyer's Agent

Aubrey Schmidt

True Michigan Properties License #6501431682

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,449

Year Built

  • Built in 1960

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 136x100

Parking

  • Gravel Driveway

Home Design

  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Oven
  • Microwave

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Septic System
  • High Speed Internet
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,449

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1960
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 136x100
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1300.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 2449.0
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Air Conditioning:Wall Unit(s): Yes
  • General Property Info:Fireplace: No
  • Driveway:Gravel: Yes
  • Appliances Microwave: Yes
  • Water Heater:Natural Gas4: Yes
  • Substructure:Crawl Space: Yes
  • Utilities Attached:High-Speed Internet: Yes
  • Roofing:Asphalt2: Yes
  • General Property Info:SqFt Above Grade: 1300.0
  • General Property Info Garage YN: No
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer, Refrigerator, Oven, Microwave, Dryer
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space
  • LivingArea: 1300.0
  • General Property Info:Stories2: 1.0
  • Appliances:Oven: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 279000.0
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Roof: Asphalt
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Connected, Cable Connected, High-Speed Internet
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 0.31
  • Lot Size Area: 0.31
  • Lot Dimensions: 136x100
  • Lot Size Sq Ft: 13504.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2449.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2022
Closed on
Jan 30, 2023
Sold by
Waite Brian and Waite Lisa
Bought by
Waite Brian and Waite Lisa
Seller's Agent
Brian Waite
Realty Executives Instant Equity
Buyer's Agent
Aubrey Schmidt
True Michigan Properties
List Price
$279,000
Sold Price
$276,400
Premium/Discount to List
-$2,600
-0.93%
Views
33
Current Estimated Value
$296,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,937
Avg. Annual Appreciation
1.90%
Original Mortgage
$207,300
Outstanding Balance
$201,000
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$89,295

Purchase Details

Listed on
Aug 15, 2019
Closed on
Nov 1, 2019
Sold by
Cassandra Jackson
Bought by
Waite Brian and Waite Lisa
Seller's Agent
Karen Coffey
RE/MAX Harbor Country @ New Buffalo
Buyer's Agent
Brian Waite
RE/MAX by the Lake
List Price
$153,000
Sold Price
$147,000
Premium/Discount to List
-$6,000
-3.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.52%

Purchase Details

Listed on
May 16, 2017
Closed on
Oct 13, 2017
Sold by
Bowie Linda L and Martin Louise A
Bought by
Jackson Cassandra
Seller's Agent
John Jordan
Siriano Realty
Buyer's Agent
Karen Coffey
RE/MAX Harbor Country
List Price
$109,000
Sold Price
$96,000
Premium/Discount to List
-$13,000
-11.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.10%
Original Mortgage
$94,281
Interest Rate
3.82%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 22, 1992

Purchase Details

Closed on
Jun 14, 1985
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
Waite Brian $276,400 --
Waite Brian $147,900 Mtc
Waite Brian $147,900 Mtc
Jackson Cassandra $96,000 None Available
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waite Brian $207,300
Previous Owner Jackson Cassandra $94,281
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2023 01/27/23 Sold $276,400 -0.9% $213 / Sq Ft
12/29/2022 12/29/22 Pending -- -- --
12/21/2022 12/21/22 For Sale $279,000 +89.8% $215 / Sq Ft
11/01/2019 11/01/19 Sold $147,000 -3.9% --
10/16/2019 10/16/19 Pending -- -- --
08/15/2019 08/15/19 For Sale $153,000 +59.4% --
10/13/2017 10/13/17 Sold $96,000 -11.9% --
07/09/2017 07/09/17 Pending -- -- --
05/16/2017 05/16/17 For Sale $109,000 -- --
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 $3,822 $109,200 $0 $0
2024 $3,450 $96,500 $0 $0
2023 $2,572 $82,900 $0 $0
2022 $2,449 $68,500 $0 $0
2021 $3,183 $88,700 $52,500 $36,200
2020 $3,140 $79,500 $0 $0
2019 $3,306 $114,500 $0 $0
2018 $3,228 $105,300 $0 $0
2017 $1,467 $101,100 $0 $0
2016 $1,436 $103,700 $0 $0
2015 $1,418 $105,800 $0 $0
2014 $1,266 $109,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22051252

Southwestern Michigan Association of REALTORS®

APN: 11-10-0032-0014-07-6