NOT LISTED FOR SALE

4435 Lake Chapin Rd Berrien Springs, MI 49103

Estimated Value: $538,000 - $740,000

3 Beds
1 Bath
1,056 Sq Ft
$588/Sq Ft Est. Value

Last Sold November 14, 2012

Last sale price $295,000 $279 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $4,094/month

155 Days on Market

Highlights

  • Private Waterfront
  • Docks
  • Living Room
  • Berrien Springs High School Rated A-
  • Pole Barn
  • Ceramic Tile Flooring

About This Home

As of November 2012

Rare opportunity to own 3.48 acres on Lake Chapin with a 3 bedroom home and two outbuildings! This amazing property has 3.48 acres and 381' of water frontage on all sports Lake Chapin, its' own stream, and has gradual slope to the waters edge..no stairs at all! Escape the hustle and bustle of everyday life in this cozy home with updated kitchen with all appliances, living room with stone fireplace, and awesome 3 season room overlooking the lake. This is a turn key property and comes fully furnished with only some personal items being removed. Outside you will love the spacious deck, firepit, dock, and 2 outbuildings with loads of storage space for all of your toys. Located approximately 90 minutes from Chicago in Southwest Michigan near numerous wineries, orchards, antique galleries, Lake

Last Agent to Sell the Property

Tina Holloway

RE/MAX Modern Realty, Inc. License #6501289671 Listed on: 06/11/2012

Last Buyer's Agent

Tina Holloway

RE/MAX Modern Realty, Inc. License #6501289671 Listed on: 06/11/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,457

Year Built

  • Built in 1940

Lot Details

  • 3.48 Acre Lot
  • Private Waterfront

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,056 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Ceramic Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Docks
  • Pole Barn

Utilities

  • Well
  • Septic System

Community Details

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,457

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1940
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Ceiling Fans, Ceramic Floor
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Slab
  • LivingArea: 1056.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 345000.0
  • Other Structures: Barn(s), Pole Barn
  • Roof: Composition
  • Water Body Name: Lake Chapin
  • Waterfront Features: All Sports, Dock, Private Frontage
  • Waterfront: Yes

Garage/Parking

  • Garage: Yes

Utilities

  • Sewer: Septic System
  • Utilities: Electricity Connected, Telephone Line
  • Water Source: Well

Lot Info

  • Lot Size Acres: 3.48
  • Lot Size Area: 3.48
  • Lot Size Sq Ft: 151589.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2012
Closed on
Nov 13, 2012
Sold by
Coco Kathy L
Bought by
Purpura Barbara
Seller's Agent
Tina Holloway
RE/MAX Modern Realty, Inc.
Buyer's Agent
Tina Holloway
RE/MAX Modern Realty, Inc.
List Price
$345,000
Sold Price
$295,000
Premium/Discount to List
-$50,000
-14.49%
Total Days on Market
155
Current Estimated Value
$621,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,152
Avg. Annual Appreciation
6.10%
Original Mortgage
$236,000
Outstanding Balance
$165,022
Interest Rate
3.34%
Mortgage Type
New Conventional
Estimated Equity
$456,130

Purchase Details

Closed on
Nov 25, 1996
Source: Public Records

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Range of Values:

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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
Purpura Barbara $295,000 Multiple
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Purpura Barbara $236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2012 11/14/12 Sold $295,000 -14.5% $279 / Sq Ft
11/13/2012 11/13/12 Pending -- -- --
06/11/2012 06/11/12 For Sale $345,000 -- $327 / Sq Ft
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 $7,457 $360,800 $0 $0
2024 $6,741 $344,100 $0 $0
2023 $6,455 $255,600 $0 $0
2022 $6,249 $194,100 $0 $0
2021 $6,549 $187,900 $123,900 $64,000
2020 $6,430 $182,900 $0 $0
2019 $6,312 $153,000 $109,100 $43,900
2018 $5,806 $153,000 $0 $0
2017 $5,926 $151,700 $0 $0
2016 $5,942 $154,000 $0 $0
2015 $5,943 $153,800 $0 $0
2014 $5,522 $154,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12029933

Southwestern Michigan Association of REALTORS®

APN: 11-04-0125-0007-01-9