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Berrien 49103
3827 Elm Drive
$255,000
● House - Off Market

3827 Elm Drive

Berrien Springs, MI 49103
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,247 Ft²
$254,304
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model
Unit Size
1,247 Ft²
Days on Market
-
Land Size
0.86 acres
Price per sqft
$204
Property Type
House
Property Taxes
$169
HOA Dues
-
Year Built
1961

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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 #23019818)

Price History

Date / Event Date Event Price
Jul 27, 2023 Sold
Premium
Sold
Jun 9, 2023 Listed by McLauchlin Realty, Inc. $255,000
Listed by McLauchlin Realty, Inc.

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • 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: 1,200
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 37,462
  • Total Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000860
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: COMBINED ON 06/26/2019 FROM 04-1500-0031-00-4, 04-1500-0030-00-8; LOTS 30 & 31 DAWN HAVEN

Neighborhood

  • School District Name: Berrien Springs Public Schools
  • School Tax School District: BERRIEN SPRINGS
  • Census Tract: 010600

Zoning

  • Zoning: AGRI / RES

Geography

  • Assessors Map Reference: 126-3
  • District: 04
  • Parcel: 04-1500-0030-01-0
  • Lot: 30-31
  • Municipality: BERRIEN TWP
  • Latitude: 41.9167
  • Longitude: -86.3658

    Address

  • Full Address: 3827 Elm Dr
  • Address - House Number: 3827
  • Address - Street Name: Elm
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Berrien Springs
  • Carrier Code: R002
  • 4-Digit Zip Code: 9653
  • Zip Code: 49103

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $139,023

    Appraisal Valuation

  • Standard Deviation: 0.1006
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 90
  • Final Value: 255,908
  • High Value: 281,657
  • Low Value: 230,160

    Market Valuation

  • Market Total Value: $200,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $100,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 27, 2023
  • Current Sale Recording Date: Jul 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 385476

    Financing

  • First Mortgage Financing Type: ADJ
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 Berrien

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$187

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2019 ft²

Average Home Age

59.6 years

Currently For Sale

576 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

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Howard McLauchlin, McLauchlin Realty, Inc.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23019818
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 3827 Elm Drive built and last sold?
The property at 3827 Elm Drive was built in 1961 and last sold on Jul 27, 2023 for $255,000.
How much is this home worth?
The estimated value of the home located at 3827 Elm Drive is $0.
What are some comparable homes to 3827 Elm Drive?
There are currently no comparable homes to 3827 Elm Drive.
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