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St. Joseph 49085
3533 Lakeshore Drive
$150,000
● House - Off Market

3533 Lakeshore Drive

St. Joseph, MI 49085
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,512 Ft²
$167,869
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

CONTRACTOR AND INVESTOR SPECIAL!  Cash only.  Home sustained water damage during a home inspection, both kitchens were gutted, carpet removed etc.  This is a great opportunity to restore a 3 bed/2bath brick cape cod in St Joseph with guest home.  Located across the street from Lake Michigan with some lake views.  St Joe lookout is close by.   Extra wide 2 car garage.  Sits on a deep lot with .71 of an acre.  Full basement.  This home has many possibilities.  It was a 3 unit at one time., but also works well as a single family home with guest house. Guest house is  564  sq foot, 1 bedroom/1 bath home. (not included in square footage.)  Rented for $600 per month. Come see.  Bring your vision and make it yours!
Unit Size
1,512 Ft²
Days on Market
-
Land Size
0.71 acres
Price per sqft
$89
Property Type
House
Property Taxes
$622
HOA Dues
-
Year Built
1946

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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 #20049957)

Price History

Date / Event Date Event Price
Mar 16, 2021 Sold
Premium
Sold
Dec 8, 2020 Listed by Realty Executives Instant Equity $135,000
Listed by Realty Executives Instant Equity
Aug 1, 2016 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 2
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 1,258
  • Garage Type: 7
  • Garage Square Area: 600
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,928
  • Lot Size Depth Feet: 3,080
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,076
  • Building Area: 2,076
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,076
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000710
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: COM 759.66'S 0 DEG 04'E & 466.44'S 89DEG55'27''W OF N1/4 PST SEC 3 T5S R19W TH S89DEG55'27''W 350'TO RD C/L TH N10

Neighborhood

  • School District Name: St. Joseph Public Schools
  • School Tax School District: ST JOSEPH
  • Census Tract: 001300

Zoning

  • Zoning: R1 - A

Geography

  • Assessors Map Reference: 003-1
  • District: 76
  • Parcel: 76-0103-0003-01-7
  • Lot: 91
  • Meridian: SEC 03 TWN 05S RNG 19W
  • Municipality: ST JOSEPH CITY
  • Latitude: 42.0707
  • Longitude: -86.5068

    Address

  • Full Address: 3533 Lakeshore Dr
  • Address - House Number: 3533
  • Address - Street Name: Lakeshore
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Saint Joseph
  • Carrier Code: C010
  • 4-Digit Zip Code: 2675
  • Zip Code: 49085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $601,913
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2757
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 60
  • Final Value: 335,910
  • High Value: 428,546
  • Low Value: 243,275

    Market Valuation

  • Market Total Value: $320,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $160,400

    Sales

  • Current Sale Contract Date: Mar 12, 2021
  • Current Sale Recording Date: Mar 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Aug 01, 2016
  • Previous Sale Contract Date: Jul 28, 2016
  • Previous Sale Amount: $155,200
  • 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 St. Joseph

Stats & Trends

Median Asking:

$365,000

Sale Price/ft²

$231

Below Asking

0.02%

Average Days on Market

50

Average Home Size

1885 ft²

Average Home Age

79.8 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

Unit for rent at 2727 S Lakeshore Drive, St. Joseph, MI, 49085

$2,350 /mo

  • 2 Beds
  • 2 Baths
  • 1,472 ft²
2727 S Lakeshore Drive #F23, St. Joseph, MI, 49085 Listing by Julie Quardokus
Unit for rent at 2365 Thandlewane Path, St. Joseph, MI, 49085

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,850 ft²
2365 Thandlewane Path, St. Joseph, MI, 49085 Listing by Christopher S Siriano

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# 20049957
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 3533 Lakeshore Drive built and last sold?
The property at 3533 Lakeshore Drive was built in 1946 and last sold on Mar 12, 2021 for $150,000.
How much is this home worth?
The estimated value of the home located at 3533 Lakeshore Drive is $0.
What are some comparable homes to 3533 Lakeshore Drive?
There are currently no comparable homes to 3533 Lakeshore Drive.
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