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Fair Plain 49022
295 Jamesway
Photo of 295 Jamesway
Sold on Jul 30, 2021

24

Map

Photo of 295 Jamesway
Photo of 295 Jamesway
$195,000
● House - Off Market

295 Jamesway

Benton Harbor, MI 49022
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,479 Ft²
$219,480
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Beautiful home in St. Joseph Township featuring limestone exterior sits on .23 acre. Right as you walk in the front door the home welcomes you with an open plan living layout that ensures everyday comfort while the fenced in back yard provides the perfect amount of privacy for enjoying your morning coffee or hosting friends. A large picture window, stunning original oak floors, porcelain tile, sharp white cabinets, gorgeous granite counters and a wood burning fireplace make it the perfect combo of classic charm with modern updates.  Head downstairs to find a dry unfinished basement with various possibilities and a second fireplace. And if all this weren't enough, you'll be conveniently located within minutes of downtown St. Joseph, I-94, multiple golf courses as well as local state parks
Unit Size
1,479 Ft²
Days on Market
35 days
Land Size
0.23 acres
Price per sqft
$128
Property Type
House
Property Taxes
$154
HOA Dues
-
Year Built
1954

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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: 28 days ago (MichRIC MLS #21024656)

Price History

Date / Event Date Event Price
Aug 10, 2022 Sold
Premium
Sold
Jul 10, 2022 Listed by Century 21 Affiliated $255,000
Listed by Century 21 Affiliated
Oct 5, 2021 Sold
Premium
Sold
Jul 30, 2021 Sold
Premium
Sold
Jun 25, 2021 Listed by Century 21 Affiliated $189,900
Listed by Century 21 Affiliated
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • 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: 19
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,431
  • Garage Type: 7
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,280
  • Lot Size Depth Feet: 920
  • Lot Size Frontage Feet: 1,110
  • Total Building Area: 1,431
  • Building Area: 1,431
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,431
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SMITH PARK
  • Land Acres: 0000000236
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 21 SMITH PARK

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: 136-3
  • District: 18
  • Parcel: 18-7250-0021-00-1
  • Lot: 21
  • Municipality: ST JOSEPH TWP
  • Latitude: 42.0791
  • Longitude: -86.4605

    Address

  • Full Address: 295 Jamesway
  • Legal Unit: 21
  • Address - House Number: 295
  • Address - Street Name: Jamesway
  • State: MI
  • City Name: Benton Harbor
  • Carrier Code: C020
  • 4-Digit Zip Code: 6840
  • Zip Code: 49022

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $134,622

    Appraisal Valuation

  • Standard Deviation: 0.2529
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 64
  • Final Value: 255,080
  • High Value: 319,591
  • Low Value: 190,569

    Market Valuation

  • Market Total Value: $153,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $76,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 10, 2022
  • Current Sale Recording Date: Aug 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 359782
  • Previous Sale Recording Date: Oct 05, 2021
  • Previous Sale Contract Date: Jul 30, 2021
  • Previous Sale Amount: $195,000
  • Previous 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 Fair Plain

Stats & Trends

Median Asking:

$210,000

Sale Price/ft²

$146

Below Asking

0.02%

Average Days on Market

51

Average Home Size

1592 ft²

Average Home Age

66.3 years

Currently For Sale

12 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

Currently no nearby rentals
MichRIC

Listed by: The Frazee Team, Century 21 Affiliated
Last Updated: 28 days ago
Data Source: MichRIC, MLS# 21024656
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 295 Jamesway built and last sold?
The property at 295 Jamesway was built in 1954 and last sold on Aug 10, 2022 for $266,000.
How much is this home worth?
The estimated value of the home located at 295 Jamesway is $250,624.
What are some comparable homes to 295 Jamesway?
There are currently no comparable homes to 295 Jamesway.
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