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St. Joseph 49085
2403 Lakeview Avenue
$240,000
● House - Off Market

2403 Lakeview Avenue

St. Joseph, MI 49085
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,842 Ft²
$1,480
Est. Monthly
5.50%
Cap Rate

About This Property

Nestled in the heart of the City of St. Joseph, this delightful property presents the opportunity to embrace comfortable living in a prime location. With its charming curb appeal and inviting ambiance, this home is sure to capture your heart.  Conveniently situated across from St. Joseph High School and in close proximity to Downtown St. Joseph and the Beaches.  Step inside and enjoy the abundant natural light in the living room, which is complimented with a cozy wood burning fireplace.  You will also be pleased by the abundance of space and storage with 3 bedrooms, including an upper level bedroom/office/playroom as well as a semi-finished basement, ideal for an extra living area (and plenty of room for storage!)  Come see the potential to make this into your ideal next home!
Unit Size
1,842 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$133
Property Type
House
Property Taxes
$277
HOA Dues
-
Year Built
1930

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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 #23028169)

Price History

Date / Event Date Event Price
Mar 29, 2024 Sold
Premium
Sold
Aug 3, 2023 Listed by Cressy & Everett Real Estate $245,000
Listed by Cressy & Everett Real Estate
Oct 20, 2004 Sold
Premium
Sold
Mar 31, 1989 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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 Count: 150
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,278
  • Garage Type: 7
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,009
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,917
  • Building Area: 1,917
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,917
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEDYARDS ADD
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 31 LEDYARDS ADD NO 1 TO CITY OF ST JOSEPH UNIV LOT 75 SEC 26 T4S R19W

Neighborhood

  • School District Name: St. Joseph Public Schools
  • School Tax School District: ST JOSEPH
  • Census Tract: 000802

Zoning

  • Zoning: R1 - C

Geography

  • Assessors Map Reference: 026-4
  • District: 76
  • Parcel: 76-4660-0031-00-5
  • Lot: 31,75
  • Meridian: SEC 26 TWN 04S RNG 19W
  • Municipality: ST JOSEPH CITY
  • Latitude: 42.0917
  • Longitude: -86.4901

    Address

  • Full Address: 2403 Lakeview Ave
  • Legal Unit: 31,75
  • Address - House Number: 2403
  • Address - Street Name: Lakeview
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Saint Joseph
  • Carrier Code: C015
  • 4-Digit Zip Code: 1813
  • Zip Code: 49085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $337,586

    Appraisal Valuation

  • Standard Deviation: 0.104
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 89
  • Final Value: 224,975
  • High Value: 248,388
  • Low Value: 201,562

    Market Valuation

  • Market Total Value: $264,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $132,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 08, 2004
  • Current Sale Recording Date: Oct 20, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Mar 31, 1989
  • Previous Sale Contract Date: Mar 31, 1989
  • Previous Sale Amount: $66,000
  • 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 St. Joseph

Stats & Trends

Median Asking:

$369,450

Sale Price/ft²

$232

Below Asking

0.02%

Average Days on Market

50

Average Home Size

1707 ft²

Average Home Age

78.6 years

Currently For Sale

31 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: Ben Stephen, Cressy & Everett Real Estate
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23028169
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 2403 Lakeview Avenue built and last sold?
The property at 2403 Lakeview Avenue was built in 1930 and last sold on Oct 8, 2004 for $110,000.
How much is this home worth?
The estimated value of the home located at 2403 Lakeview Avenue is $255,324.
What are some comparable homes to 2403 Lakeview Avenue?
There are currently no comparable homes to 2403 Lakeview Avenue.
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