NOT LISTED FOR SALE

5501 Washington Ave Saint Joseph, MI 49085

Estimated Value: $240,000 - $360,000

2 Beds
2 Baths
-- Sq Ft
0.87 Acres

Last Sold December 29, 2017

Last sale price $139,000

Est. 124% increase in value since last sale

Current estimated payment $1,961/month

28 Days on Market

Highlights

  • 0.87 Acre Lot
  • Window Unit Cooling System
  • Wood Siding
  • Lakeshore High School Rated A-
  • Baseboard Heating

About This Home

As of December 2017

GREAT INCOME OPPORTUNITY with this 2 Unit duplex in Lakeshore Schools. Each unit offers 3 bedrooms, deck that faces open yard, and an attached garage. One unit has been completely updated in 2016 and is currently rented out. You have the ability with this duplex to live in one side and rent out the other to bring in additional monthly income. Each unit offers 200 amp services. Enjoy the open space with huge yard at .87 acres.

Last Agent to Sell the Property

Kerry Wright

Wright Properties License #6506043362 Listed on: 11/30/2017

Last Buyer's Agent

The Petzke Team

RE/MAX by the Lake License #6502409512

RE/MAX by the Lake

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,319

Year Built

  • Built in 1973

Lot Details

  • 0.87 Acre Lot
  • Lot Dimensions are 129x293

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Basement

  • Crawl Space

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System
  • Baseboard Heating
  • Cable TV Available

Community Details

  • 2 Units
  • Utility Expense $1,344

Listing and Financial Details

  • Tenant pays for water, trash collection, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,319

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1973
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 129x293
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 2319.0
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Utilities Attached:Electric4: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Cable: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Substructure:Crawl Space: Yes
  • Heat Type:Baseboard: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 135000.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Electric, Baseboard
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected
  • Heat Source:Electric2: Yes

Lot Info

  • Lot Size Acres: 0.87
  • Lot Size Area: 0.87
  • Lot Size Sq Ft: 37897.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Water, Trash Collection, Sewer

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2319.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2025
Sold by
Triumph Real Property Llc
Bought by
Weir Zachary and Weir Karissa
Current Estimated Value
$311,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Outstanding Balance
$256,250
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$55,240

Purchase Details

Closed on
Mar 10, 2021
Sold by
Steuernagel Paula J
Bought by
Triumph Real Property Llc

Purchase Details

Listed on
Nov 30, 2017
Closed on
Dec 29, 2017
Sold by
Freer Paul D
Bought by
Steuernagel Paula J
Seller's Agent
Kerry Wright
Wright Properties
Buyer's Agent
The Petzke Team
RE/MAX by the Lake
List Price
$135,000
Sold Price
$139,000
Premium/Discount to List
$4,000
2.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.90%
Original Mortgage
$104,250
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2000

Purchase Details

Closed on
Oct 18, 1995

Purchase Details

Closed on
Feb 2, 1995

Purchase Details

Closed on
Mar 25, 1992

Purchase Details

Closed on
Dec 15, 1989
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
Weir Zachary $270,000 Chicago Title Of Michigan
Triumph Real Property Llc -- None Available
Steuernagel Paula J $139,000 None Available
-- $128,500 --
-- $58,500 --
-- -- --
-- $82,600 --
-- $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weir Zachary $256,500
Previous Owner Steuernagel Paula J $104,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2017 12/29/17 Sold $139,000 +3.0% --
12/28/2017 12/28/17 Pending -- -- --
11/30/2017 11/30/17 For Sale $135,000 -- --
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 $3,927 $126,600 $0 $0
2024 $3,278 $116,100 $0 $0
2023 $3,122 $97,600 $0 $0
2022 $2,965 $86,600 $0 $0
2021 $3,430 $81,400 $15,100 $66,300
2020 $3,389 $74,600 $0 $0
2019 $3,267 $78,100 $13,800 $64,300
2018 $3,398 $78,100 $0 $0
2017 $3,320 $80,200 $0 $0
2016 $3,255 $77,300 $0 $0
2015 $3,242 $76,200 $0 $0
2014 $2,794 $74,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kerry Wright

    Seller's Agent in 2017

    Kerry Wright

    Wright Properties

    (269) 369-4640

    22 in this area

    231 Total Sales

    Kerry Wright
    Section Image

  • T

    Buyer's Agent in 2017

    The Petzke Team

    RE/MAX Michigan

    (269) 985-3354

    58 in this area

    507 Total Sales

    The Petzke Team
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17057534

Southwestern Michigan Association of REALTORS®

APN: 11-12-0023-0008-02-5

Michigan Berrien County Saint Joseph 49085

5501 Washington Ave, Saint Joseph, MI

This home is located at 5501 Washington Ave, Saint Joseph, MI 49085 since 30 November 2017 and is currently estimated at $311,490. This property was built in 1973. 5501 Washington Ave is a home located in Berrien County with nearby schools including Lakeshore High School and St. Paul's 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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