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Berrien
15705 Locke Road
$145,000
● House - Off Market

15705 Locke Road

Union Pier, MI 49129
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,127 Ft²
$268,547
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

Union Pier.  3 bedroom 1 bath home on over an acre of land. Up-dated Kitchen, newer furnace, central air and a convenient Harbor Country location. Large open yard areas plus a wooded section in the back. 14 x 24 deck and a single car detached garage.  Quite a bit to work with at an affordable price.
Unit Size
1,127 Ft²
Days on Market
61 days
Land Size
1.17 acres
Price per sqft
$141
Property Type
House
Property Taxes
$132
HOA Dues
-
Year Built
1950

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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 #16032331)

Price History

Date / Event Date Event Price
Aug 24, 2016 Sold
Premium
Sold
Jun 24, 2016 Listed by Carol Brychta & Co. R.E. $159,000
Listed by Carol Brychta & Co. R.E.

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 7
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 50,965
  • Lot Size Depth Feet: 3,740
  • Lot Size Frontage Feet: 1,350
  • Total Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001170
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: COM 259'W OF CEN SEC 30 T7S R20W TH N02DEG30'E (REC AS N) 114.8'TH W 379.5'TO HWY C/L TH SWLY ON C/L 137.8'TH E 330'TH N

Neighborhood

  • School District Name: River Valley School District
  • School Tax School District: NEW BUFFALO
  • Census Tract: 011201

Geography

  • Assessors Map Reference: 030-1
  • District: 07
  • Parcel: 07-0030-0034-00-1
  • Lot: 137
  • Meridian: SEC 30 TWN 07S RNG 20W
  • Municipality: CHIKAMING TWP
  • Latitude: 41.8354
  • Longitude: -86.6798

    Address

  • Full Address: 15705 Locke Rd
  • Address - House Number: 15705
  • Address - Street Name: Locke
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Union Pier
  • Carrier Code: R001
  • 4-Digit Zip Code: 9387
  • Zip Code: 49129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $193,796

    Appraisal Valuation

  • Standard Deviation: 0.2143
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 70
  • Final Value: 304,728
  • High Value: 370,043
  • Low Value: 239,412

    Market Valuation

  • Market Total Value: $175,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $87,800

    Sales

  • Current Sale Contract Date: Aug 17, 2016
  • Current Sale Recording Date: Sep 01, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jul 10, 1989
  • Previous Sale Contract Date: Jul 10, 1989
  • 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 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: Timothy D Brychta, Carol Brychta & Co. R.E.
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 16032331
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 15705 Locke Road built and last sold?
The property at 15705 Locke Road was built in 1950 and last sold on Aug 17, 2016 for $145,000.
How much is this home worth?
The estimated value of the home located at 15705 Locke Road is $163,959.
What are some comparable homes to 15705 Locke Road?
There are currently no comparable homes to 15705 Locke Road.
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