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Berrien 49120
1020 Joliet Drive
$273,000
● House - Off Market

1020 Joliet Drive

Niles, MI 49120
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,716 Ft²
$310,547
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Conveniently located between Niles and Buchanan, directly off US 12 and less than three miles to the US 31 bypass.This beautiful home features a warm welcoming dual fireplace connecting the kitchen and living room. As you walk out your double sliding glass door from your open concept kitchen you will be welcomed with a large vinyl deck including stairs to your oversized patio and backyard to wow your guests. The main bedroom has a large walk-in closet and a beautiful updated bathroom. A total of 5 bedrooms and 3 full baths, two-car attached garage, and a huge shed to store your lawn equipment. Home features plenty of space for all your entertaining needs inside and out. Close to all local attractions, but still has a very private rural setting
Unit Size
2,716 Ft²
Days on Market
98 days
Land Size
0.78 acres
Price per sqft
$103
Property Type
House
Property Taxes
$97
HOA Dues
-
Year Built
1969

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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: 7 months ago (MichRIC MLS #21100384)

Price History

Date / Event Date Event Price
Dec 6, 2021 Sold
Premium
Sold
Aug 13, 2021 Listed by Keller Williams Kalamazoo Market Center $278,500
Listed by Keller Williams Kalamazoo Market Center
Jun 29, 2021 Sold
Premium
Sold
Apr 22, 2021 Listed by Keller Williams Kalamazoo Market Center $299,000
Listed by Keller Williams Kalamazoo Market Center
Oct 11, 2018 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 40
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 34,412
  • Total Building Area: 2,587
  • Building Area: 2,587
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,587
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WEST RIVER TERRACE
  • Land Acres: 0000000790
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 48 WEST RIVER TERRACE.

Neighborhood

  • School District Name: Niles Community School District
  • School Tax School District: NILES
  • Census Tract: 020300

Zoning

  • Zoning: R-2 MEDIUM

Geography

  • Assessors Map Reference: 103-3
  • District: 05
  • Parcel: 05-8520-0048-00-1
  • Lot: 48
  • Municipality: BERTRAND TWP
  • Latitude: 41.7998
  • Longitude: -86.2715

    Address

  • Full Address: 1020 Joliet Dr
  • Legal Unit: 48
  • Address - House Number: 1020
  • Address - Street Name: Joliet
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Niles
  • Carrier Code: R008
  • 4-Digit Zip Code: 8932
  • Zip Code: 49120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $133,565
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1006
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 90
  • Final Value: 268,228
  • High Value: 295,216
  • Low Value: 241,239

    Market Valuation

  • Market Total Value: $231,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $115,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 19, 2021
  • Current Sale Recording Date: Dec 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3355-2523
  • Previous Sale Recording Date: Jun 29, 2021
  • Previous Sale Contract Date: Jun 25, 2021
  • Previous Sale Amount: $272,500
  • 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

2019 ft²

Average Home Age

59.6 years

Currently For Sale

576 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

Rentals Near You

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MichRIC

Listed by: Rusty Gorter, Keller Williams Kalamazoo Market Center
Last Updated: 7 months ago
Data Source: MichRIC, MLS# 21100384
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 1020 Joliet Drive built and last sold?
The property at 1020 Joliet Drive was built in 1969 and last sold on Nov 19, 2021 for $273,000.
How much is this home worth?
The estimated value of the home located at 1020 Joliet Drive is $0.
What are some comparable homes to 1020 Joliet Drive?
There are currently no comparable homes to 1020 Joliet Drive.
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