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Fair Plain 49022
2320 Riverbend Drive
$165,000
● Land - Off Market

2320 Riverbend Drive

Benton Harbor, MI 49022
bedrooms
Studio
bathrooms
0 Bath
$177,997
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Great buildable lot in St Joseph Twp on St Joseph river!  This property has a nice slope offering great river views.  The lot faces an island in the river, so there will be very little boat traffic in front of your home - the boats mostly  travel on the other side of the island.  It takes just minutes to boat out to Lake Michigan or to several eateries, from this lot.  Utilities available at street.  Wooden dock across the front of the property.  Come see!
Unit Size
-
Days on Market
-
Land Size
0.41 acres
Price per sqft
-
Property Type
Land
Property Taxes
$122
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 #22022100)

Price History

Date / Event Date Event Price
Aug 23, 2023 Sold
Premium
Sold
Jun 5, 2022 Listed by Realty Executives Instant Equity $179,000
Listed by Realty Executives Instant Equity
Jan 26, 2010 Sold
Premium
Sold

Property Highlights

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: 14,549
  • Lot Size Depth Feet: 1,453
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: LAZY ACRES
  • Land Acres: 0000000334
  • Standard Land Use Code: 8001
  • County Land Use Code: 402
  • Legal Description 1: LOT 32 LAZY ACRES

Neighborhood

  • School District Name: Benton Harbor Area Schools
  • School Tax School District: BENTON HARBOR
  • Census Tract: 000700

Zoning

  • Zoning: R2 - SINGL

Geography

  • Assessors Map Reference: 136-4
  • District: 18
  • Parcel: 18-4500-0032-00-9
  • Lot: 32
  • Municipality: ST JOSEPH TWP
  • Latitude: 42.0753
  • Longitude: -86.4714

    Address

  • Full Address: 2320 Riverbend Dr
  • Legal Unit: 32
  • Address - House Number: 2320
  • Address - Street Name: Riverbend
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Benton Harbor
  • Carrier Code: C020
  • 4-Digit Zip Code: 6921
  • Zip Code: 49022

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $111,196

    Market Valuation

  • Market Total Value: $62,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,100

    Sales

  • Current Sale Contract Date: Aug 23, 2023
  • Current Sale Recording Date: Aug 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 387453
  • Previous Sale Recording Date: Jan 26, 2010
  • Previous Sale Contract Date: Jan 22, 2010
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: 54
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 Fair Plain

Stats & Trends

Median Asking:

$210,000

Sale Price/ft²

$146

Below Asking

0.02%

Average Days on Market

51

Average Home Size

1517 ft²

Average Home Age

69.7 years

Currently For Sale

18 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

Unit for rent at 803 Court Street, St. Joseph, MI, 49085

$3,500 /mo

  • 6 Beds
  • 4 Baths
  • 2,746 ft²
803 Court Street, St. Joseph, MI, 49085 Listing by Alison Plaisier
Unit for rent at 1920 Langley Ave Avenue, St. Joseph, MI, 49085

$1,950 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
1920 Langley Ave Avenue, St. Joseph, MI, 49085 Listing by Michael George Lirones

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Kimberly Webb, Realty Executives Instant Equity
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22022100
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 2320 Riverbend Drive built and last sold?
The property at 2320 Riverbend Drive was built in and last sold on Aug 23, 2023 for $165,000.
How much is this home worth?
The estimated value of the home located at 2320 Riverbend Drive is $0.
What are some comparable homes to 2320 Riverbend Drive?
There are currently no comparable homes to 2320 Riverbend Drive.
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