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Portage 49002
1222 Wetherfield Drive S
$395,000
● House - Off Market

1222 Wetherfield Drive S

Portage, MI 49002
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,340 Ft²
$605,211
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

Rare chance to buy lake front home on All Sports Gourdneck Lake within Portage School District. 63 ft of private lake front with 2,340 finished sq ft, 4 bedrooms, 2 ½ baths, 2 car garage and amazing lake views! Gourdneck Lake is a 220 acre, 55 ft deep lake with channel access to Hogset Lake and 210 acre Prairieview Park. It is known for excellent fishing, boating, swimming and kayaking. Conveniently located only 10 minutes south of I-94 in Kalamazoo County. The 200+ ft deep lot offers plenty of yard lake side. All brick home is suitable for year round or seasonal living with 2nd kitchen on walk out level. New Trex deck 2016, new roof in 2013 and new furnace and AC in 2017. Closing and possession available in time to enjoy the summer in your new lake home!
Unit Size
2,340 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$171
Property Type
House
Property Taxes
$628
HOA Dues
-
Year Built
1956

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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: 3 years ago (MichRIC MLS #18022169)

Price History

Date / Event Date Event Price
Jul 12, 2018 Sold
Premium
Sold
May 21, 2018 Listed by Berkshire Hathaway HomeServices MI $400,000
Listed by Berkshire Hathaway HomeServices MI
Jun 14, 2013 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,170
  • Garage Type: 7
  • Garage Square Area: 960
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 1,170
  • Building Area: 1,170
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,170
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WETHERFIELD SHORES
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: WETHERFIELD SHORES LOT 11

Neighborhood

  • School District Name: Portage Public Schools
  • School Tax School District: PORTAGE
  • Census Tract: 002103

Zoning

  • Zoning: R-1A

Geography

  • District: 10
  • Parcel: 10-09180-011-O
  • Lot: 11
  • Municipality: PORTAGE CITY
  • Latitude: 42.1634
  • Longitude: -85.5748

    Address

  • Full Address: 1222 Wetherfield Dr S
  • Address - House Number: 1222
  • Street Segment Direction: S
  • Address - Street Name: Wetherfield
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Portage
  • Carrier Code: C004
  • 4-Digit Zip Code: 7361
  • Zip Code: 49002

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $809,905

    Appraisal Valuation

  • Standard Deviation: 0.1868
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 75
  • Final Value: 481,178
  • High Value: 571,108
  • Low Value: 391,248

    Market Valuation

  • Market Total Value: $452,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $226,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 03, 2018
  • Current Sale Recording Date: Jul 12, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018-022288
  • Previous Sale Recording Date: Jun 14, 2013
  • Previous Sale Contract Date: Jun 07, 2013
  • Previous Sale Amount: $323,000
  • 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 Portage

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$161

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2095 ft²

Average Home Age

44.5 years

Currently For Sale

125 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: Mary J Swanson, Berkshire Hathaway HomeServices MI
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 18022169
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 1222 Wetherfield Drive South built and last sold?
The property at 1222 Wetherfield Drive South was built in 1956 and last sold on Jul 3, 2018 for $395,000.
How much is this home worth?
The estimated value of the home located at 1222 Wetherfield Drive South is $0.
What are some comparable homes to 1222 Wetherfield Drive South?
There are currently no comparable homes to 1222 Wetherfield Drive South.
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