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Berrien
16024 Prusa Road
$205,000
● House - Off Market

16024 Prusa Road

Union Pier, MI 49129
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,286 Ft²
$386,775
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

New Listing! Great cottage in Union Pier. Interior with new paint, new windows,new gutters, carpet, newer roof ready to become your weekend get-a-way!  Half-acre parcel with mature trees has been professionally landscaped and is ready to move in. Walk to downtown Union Pier and the beach.  Screened gazebo to enjoy those Michigan evenings.  Comfortable, Clean and Charming. Has rental history.
Unit Size
1,286 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$178
Property Type
House
Property Taxes
$105
HOA Dues
-
Year Built
1960

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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 #16014032)

Price History

Date / Event Date Event Price
Aug 30, 2016 Sold
Premium
Sold
Apr 1, 2016 Listed by Olson Real Estate $229,000
Listed by Olson Real Estate
Mar 6, 1997 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 288
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,216
  • Lot Size Depth Feet: 2,450
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,182
  • Building Area: 1,182
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,182
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000510
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: COM 480'N OF SW COR OF SEC 30 T7S R20W TH N 90'TH E 245'TH S 90'TH W 245'TO BEG

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: 07-0030-0075-05-1
  • Meridian: SEC 30 TWN 07S RNG 20W
  • Municipality: CHIKAMING TWP
  • Latitude: 41.8295
  • Longitude: -86.6869

    Address

  • Full Address: 16024 Prusa Rd
  • Address - House Number: 16024
  • Address - Street Name: Prusa
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Union Pier
  • Carrier Code: R001
  • 4-Digit Zip Code: 9468
  • Zip Code: 49129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $169,203
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2523
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 64
  • Final Value: 399,893
  • High Value: 500,803
  • Low Value: 298,984

    Market Valuation

  • Market Total Value: $193,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $96,800

    Sales

  • Current Sale Contract Date: Aug 18, 2016
  • Current Sale Recording Date: Aug 30, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Mar 06, 1997
  • Previous Sale Contract Date: Mar 06, 1997
  • Previous Sale Amount: $45,000
  • 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:

$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

Rentals Near You

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MichRIC

Listed by: Robert Khoury, Olson Real Estate
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 16014032
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 16024 Prusa Road built and last sold?
The property at 16024 Prusa Road was built in 1960 and last sold on Aug 18, 2016 for $205,000.
How much is this home worth?
The estimated value of the home located at 16024 Prusa Road is $0.
What are some comparable homes to 16024 Prusa Road?
There are currently no comparable homes to 16024 Prusa Road.
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