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Climax 49034
338 Prairie Drive
Photo of 338 Prairie Drive
Sold on Mar 15, 2024

21

Map

Photo of 338 Prairie Drive
Photo of 338 Prairie Drive
$335,000
● House - Off Market

338 Prairie Drive

Climax, MI 49034
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,415 Ft²
$2,178
Est. Monthly
3.01%
Cap Rate

About This Property

Relaxed living in the Village of Climax - located conveniently between Battle Creek and Kalamazoo in a private newer neighborhood with large lots and little traffic. This updated home features main level living ease with the added bonus of a spacious finished basement that includes several rooms and a large wet bar - a great space to entertain or catch the game! The master bedroom has a full bathroom and walk in closet. Additional updates include a furnace that is only a few years old and windows that were just replaced last year helping to make this home as energy efficient as possible. The yard is more than a half acre in size and includes a storage shed. A great location and great value with this updated and well cared for home. Call Mike Pelton at today!
Unit Size
2,415 Ft²
Days on Market
42 days
Land Size
0.65 acres
Price per sqft
$143
Property Type
House
Property Taxes
$484
HOA Dues
-
Year Built
1999

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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: 2 months ago (MichRIC MLS #24005756)

Price History

Date / Event Date Event Price
Mar 13, 2024 Sold
Premium
Sold
Feb 2, 2024 Listed by Berkshire Hathaway HomeServices Michigan Real Estate $344,900
Listed by Berkshire Hathaway HomeServices Michigan Real Estate
May 12, 2021 Sold
Premium
Sold
Oct 30, 2020 No longer available -
No longer available
Jul 16, 2020 Listed by Berkshire Hathaway HomeServices Michigan Real Estate $265,000
Listed by Berkshire Hathaway HomeServices Michigan Real Estate
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,415
  • Garage Type: 7
  • Garage Square Area: 559
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,443
  • Lot Size Depth Feet: 2,700
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 1,415
  • Building Area: 1,415
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,415
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAPLE TERRACE #2
  • Land Acres: 0000000630
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 27 MAPLE TERRACE #2

Neighborhood

  • School District Name: Climax-Scotts Community School District
  • School Tax School District: CLIMAX SCOTTS
  • Census Tract: 003400

Zoning

  • Zoning: LOW DEN RE

Geography

  • District: 53
  • Parcel: 12-02-178-100
  • Lot: 27
  • Municipality: CLIMAX VILLAGE
  • Latitude: 42.2403
  • Longitude: -85.3293

    Address

  • Full Address: 338 Prairie Dr
  • Address - House Number: 338
  • Address - Street Name: Prairie
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Climax
  • Carrier Code: R011
  • 4-Digit Zip Code: 9789
  • Zip Code: 49034

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $153,341

    Appraisal Valuation

  • Standard Deviation: 0.092
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 92
  • Final Value: 350,770
  • High Value: 383,043
  • Low Value: 318,496

    Market Valuation

  • Market Total Value: $303,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $151,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 12, 2024
  • Current Sale Recording Date: Mar 13, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5726
  • Previous Sale Recording Date: May 12, 2021
  • Previous Sale Contract Date: Apr 28, 2021
  • Previous Sale Amount: $275,000
  • 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 Climax

Stats & Trends

Median Asking:

$212,450

Sale Price/ft²

$163

Below Asking

0.05%

Average Days on Market

67

Average Home Size

1648 ft²

Average Home Age

77.5 years

Currently For Sale

2 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: Michael J Pelton, Berkshire Hathaway HomeServices Michigan Real Estate
Last Updated: 2 months ago
Data Source: MichRIC, MLS# 24005756
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 338 Prairie Drive built and last sold?
The property at 338 Prairie Drive was built in 1999 and last sold on Mar 12, 2024 for $335,000.
How much is this home worth?
The estimated value of the home located at 338 Prairie Drive is $0.
What are some comparable homes to 338 Prairie Drive?
There are currently no comparable homes to 338 Prairie Drive.
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