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Berrien 49085
1002 Lausman Drive
$120,000
● House - Off Market

1002 Lausman Drive

St. Joseph, MI 49085
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,626 Ft²
$228,756
RealtyHop Estimate
90.63%
Since Apr 1, 2014
National-US
Primary Model

About This Property

Replacement windows throughout house, NEW ROOF (2008), Totally REFINISHED KITCHEN, countertops, built-in microwave, ceramic floor and a beautiful 15 x 21 COMPOSITE DECK, make this 3 bedroom 1.5 bath home in St Joseph a MUST SEE! Fresh PAINT and newer CARPET make this house shine. Finished basement and EXTRA WIDE DRIVEWAY...all this SCREAMS>>>>Home SWEET HOME! Stop by and see for yourself.
Unit Size
1,626 Ft²
Days on Market
-
Land Size
-
Price per sqft
$74
Property Type
House
Property Taxes
$127
HOA Dues
-
Year Built
1958

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (MichRIC MLS #13067680)

Price History

Date / Event Date Event Price
Dec 28, 2023 Sold
Premium
Sold
Nov 8, 2023 Listed by Coldwell Banker Advantage $265,000
Listed by Coldwell Banker Advantage
Jul 6, 2020 Sold
Premium
Sold
Apr 28, 2020 Listed by Coldwell Banker Advantage $174,000
Listed by Coldwell Banker Advantage
Mar 6, 2014 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,136
  • Garage Type: 7
  • Garage Square Area: 384
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,136
  • Building Area: 1,136
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,136
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LINCOLN VILLAGE ADDITION #1
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 59 LINCOLN VILLAGE NO 1

Neighborhood

  • School District Name: St. Joseph Public Schools
  • School Tax School District: ST JOSEPH
  • Census Tract: 001100

Zoning

  • Zoning: R2 - SINGL

Geography

  • Assessors Map Reference: 002-2
  • District: 18
  • Parcel: 18-4610-0059-00-8
  • Lot: 59
  • Municipality: ST JOSEPH TWP
  • Latitude: 42.0708
  • Longitude: -86.4778

    Address

  • Full Address: 1002 Lausman Dr
  • Legal Unit: 59
  • Address - House Number: 1002
  • Address - Street Name: Lausman
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Saint Joseph
  • Carrier Code: C013
  • 4-Digit Zip Code: 3215
  • Zip Code: 49085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $170,275

    Appraisal Valuation

  • Standard Deviation: 0.1019
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 90
  • Final Value: 265,267
  • High Value: 292,308
  • Low Value: 238,225

    Market Valuation

  • Market Total Value: $212,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $106,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 28, 2023
  • Current Sale Recording Date: Dec 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 395341
  • Previous Sale Recording Date: Jul 06, 2020
  • Previous Sale Contract Date: Jun 24, 2020
  • Previous Sale Amount: $174,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Berrien

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$187

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2075 ft²

Average Home Age

59.4 years

Currently For Sale

572 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MichRIC

Listed by: Michael Bingaman, Coldwell Banker Advantage
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 13067680
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1002 Lausman Road built and last sold?
The property at 1002 Lausman Road was built in 1958 and last sold on Dec 28, 2023 for $260,000.
How much is this home worth?
The estimated value of the home located at 1002 Lausman Road is $0.
What are some comparable homes to 1002 Lausman Road?
There are currently no comparable homes to 1002 Lausman Road.
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