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Berrien 49128
16510 Three Oaks Road
$440,000
● House - Off Market

16510 Three Oaks Road

Three Oaks, MI 49128
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,600 Ft²
$518,508
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Welcome to ''The Wild Lily'' a gorgeous, meticulously restored Craftsman Farmhouse circa 1915.  Set on nearly 2 acres, with serene country views. The covered porch greets you upon arrival, next is the living room with tons of windows, restored floors and bright trim. The layout flows into the dining room and the kitchen. There are two bedrooms and a full bath completing the 1st floor. Upstairs, the master bedroom with en-suite bath impresses one with spaciousness, light, and windows facing all points of the compass.  A jetted soaking tub with miles of country views. The full basement is clean featuring a laundry area, storage, and possible more living space.  Roof, electric, mechanicals, septic, plumbing, etc. has all been updated, a circle drive, berm and plantings done this month.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
1.87 acres
Price per sqft
$291
Property Type
House
Property Taxes
$204
HOA Dues
-
Year Built
1915

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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 #21098377)

Price History

Date / Event Date Event Price
Nov 30, 2021 Sold
Premium
Sold
Jul 28, 2021 Listed by @properties Christie's International R.E. $465,000
Listed by @properties Christie's International R.E.
Mar 25, 1998 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,052
  • Garage Type: 7
  • Garage Square Area: 140
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 81,457
  • Total Building Area: 1,315
  • Building Area: 1,315
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,315
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001870
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: COM AT E1/4 PST SEC 34 T7S R20W TH S 10 RDS W 30 RDS N 10 RDS E 30 RDS TO BEG

Neighborhood

  • School District Name: River Valley School District
  • School Tax School District: RIVER VALLEY
  • Census Tract: 011400

Geography

  • Assessors Map Reference: 134-3
  • District: 20
  • Parcel: 20-0134-0012-00-2
  • Meridian: SEC 34 TWN 07S RNG 20W
  • Municipality: THREE OAKS TWP
  • Latitude: 41.8202
  • Longitude: -86.6105

    Address

  • Full Address: 16510 Three Oaks Rd
  • Address - House Number: 16510
  • Address - Street Name: Three Oaks
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Three Oaks
  • Carrier Code: R001
  • 4-Digit Zip Code: 8507
  • Zip Code: 49128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $134,178

    Appraisal Valuation

  • Standard Deviation: 0.1006
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 90
  • Final Value: 461,078
  • High Value: 507,470
  • Low Value: 414,685

    Market Valuation

  • Market Total Value: $287,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $143,500

    Sales

  • Current Sale Contract Date: Mar 25, 1998
  • Current Sale Recording Date: Mar 25, 1998
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 27, 1998
  • Previous Sale Contract Date: Jan 27, 1998
  • 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

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: Mario Zarantenello, @properties Christie's International R.E.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21098377
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 16510 Three Oaks Road built and last sold?
The property at 16510 Three Oaks Road was built in 1915 and last sold on Mar 25, 1998 for $44,100.
How much is this home worth?
The estimated value of the home located at 16510 Three Oaks Road is $0.
What are some comparable homes to 16510 Three Oaks Road?
There are currently no comparable homes to 16510 Three Oaks Road.
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