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St. Joseph 49042
15431 River Heights Road
$245,000
● House - Off Market

15431 River Heights Road

Constantine, MI 49042
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,940 Ft²
$408,073
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model

About This Property

Enjoy 300' of PRIME Frontage with a spectacular view on the St. Joe River!! This open concept ranch style home sits on 3 lots with an additional garage for storing your boats and toys. Lounge outside by the 18x36 fenced, in-ground swimming pool, or relax in the 3 season room watching the boats pass by. This meticulously kept home features hardwood & slate tile floors, a large kitchen, 2 masonry wood burning fireplaces on both floors, & even a wet bar downstairs for more entertaining. This year round home could also be your summer retreat from the bustling city life!
Unit Size
2,940 Ft²
Days on Market
-
Land Size
0.96 acres
Price per sqft
$94
Property Type
House
Property Taxes
$116
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #18014798)

Price History

Date / Event Date Event Price
Apr 25, 2019 Sold
Premium
Sold
Apr 14, 2018 Listed by Cressy & Everett Real Estate $275,000
Listed by Cressy & Everett Real Estate

Property Highlights

Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,939
  • Lot Size Depth Feet: 1,400
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVER HEIGHTS
  • Land Acres: 0000000320
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 28 RIVER HEIGHTS SEC 13 T7S R12W.

Neighborhood

  • School District Name: Constantine Public School District
  • School Tax School District: CONSTANTINE
  • Census Tract: 041101

Geography

  • District: 003
  • Parcel: 003-110-028-00
  • Lot: 28
  • Meridian: SEC 13 TWN 07S RNG 12W
  • Municipality: CONSTANTINE TOWNSHIP
  • Latitude: 41.8669
  • Longitude: -85.655

    Address

  • Full Address: 15431 River Heights Rd
  • Address - House Number: 15431
  • Address - Street Name: River Heights
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Constantine
  • Carrier Code: R002
  • 4-Digit Zip Code: 9661
  • Zip Code: 49042

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $69,546

    Appraisal Valuation

  • Standard Deviation: 0.2443
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 65
  • Final Value: 209,429
  • High Value: 260,600
  • Low Value: 158,257

    Market Valuation

  • Market Total Value: $152,600
  • Market Land Value: $16,400
  • Market Improvement Value: $136,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $76,300
  • Assessed Land Value: $8,200
  • Assessed Improvements Value: $68,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 09, 1997
  • Current Sale Recording Date: May 09, 1997
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 29, 1995
  • Previous Sale Contract Date: Aug 29, 1995
  • Previous Sale Document Type: 27
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 St. Joseph

Stats & Trends

Median Asking:

$240,000

Sale Price/ft²

$153

Above Asking

0.00%

Average Days on Market

58

Average Home Size

2070 ft²

Average Home Age

73.8 years

Currently For Sale

147 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: Dennis Bamber, Cressy & Everett Real Estate
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 18014798
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 15431 River Heights Road built and last sold?
The property at 15431 River Heights Road was built in and last sold on May 9, 1997 for $0.
How much is this home worth?
The estimated value of the home located at 15431 River Heights Road is $0.
What are some comparable homes to 15431 River Heights Road?
There are currently no comparable homes to 15431 River Heights Road.
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