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Berrien
15778 Red Arrow Highway
$367,000
● House - Off Market

15778 Red Arrow Highway

Union Pier, MI 49129
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,560 Ft²
$586,170
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

Seller says ''Bring offer!' Delightful, cedar sided, one owner cottage located just 3 blocks to beautiful Lake Michigan and in the heart of Harbor Country. All the amenities and comfort you are looking for! Single level living with spacious master, two guest bedrooms and an almost the length of the house screened porch. Rustic cherry cabinets. Large island and vaulted ceiling. Cabin oak flooring throughout. Volume ceiling in living room with skylights. Oversize cottage style 3 over 1 windows allow ample light to shine through any time of day. Master bedroom/bath with separate shower, jetted tub, double sinks, walk in closet and access to back porch. Higher transom windows allow for easy furniture placement.Available mostly turnkey!
Unit Size
1,560 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$248
Property Type
House
Property Taxes
$165
HOA Dues
-
Year Built
1933

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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 #18035146)

Price History

Date / Event Date Event Price
Oct 23, 2018 Sold
Premium
Sold
Jul 22, 2018 Listed by Coldwell Banker Realty $387,000
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1933
  • Effective Year Built: 1933
  • Building Count: 1
  • Bedroom Count: 2
  • 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: 802
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,301
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 1,422
  • Building Area: 1,422
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,422
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HAAS SUBDIVISION
  • Land Acres: 0000000489
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOTS 26 27 & 28 HAAS' SUBDIVISION EXC THAT PRT OF LOTS 26 & 27 LYING IN RED ARROW HWY

Neighborhood

  • School District Name: New Buffalo Area School District
  • School Tax School District: NEW BUFFALO
  • Census Tract: 011201

Geography

  • Assessors Map Reference: 030-4
  • District: 07
  • Parcel: 07-3100-0026-02-6
  • Lot: 26-28
  • Municipality: CHIKAMING TWP
  • Latitude: 41.8336
  • Longitude: -86.6863

    Address

  • Full Address: 15778 Red Arrow Hwy
  • Address - House Number: 15778
  • Address - Street Name: Red Arrow
  • Address - Suffix Type: Hwy
  • State: MI
  • City Name: Union Pier
  • Carrier Code: R001
  • 4-Digit Zip Code: 9708
  • Zip Code: 49129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $238,846

    Appraisal Valuation

  • Standard Deviation: 0.2443
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 65
  • Final Value: 540,946
  • High Value: 673,109
  • Low Value: 408,783

    Market Valuation

  • Market Total Value: $310,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $155,100

    Sales

  • Current Sale Contract Date: Dec 16, 2005
  • Current Sale Recording Date: Jan 26, 2006
  • Current 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:

$324,950

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: Cathy Smith, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 18035146
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 15778 Red Arrow Highway built and last sold?
The property at 15778 Red Arrow Highway was built in 1933 and last sold on Dec 16, 2005 for $0.
How much is this home worth?
The estimated value of the home located at 15778 Red Arrow Highway is $0.
What are some comparable homes to 15778 Red Arrow Highway?
There are currently no comparable homes to 15778 Red Arrow Highway.
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