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Berrien 49085
3981 SILVER OAKS Drive
$230,000
● House - Off Market

3981 SILVER OAKS Drive

St. Joseph, MI 49085
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,250 Ft²
$395,215
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

Beautiful 2,250 SF home on .35 acres in Saint Joseph. Upper level features 3 large bedrooms, master bath, guest bath and hallway closet. Kitchen has center island, stainless steel appliances, laminate flooring and counter top & is open to the family room. Wood fireplace (gas available) with vaulted ceiling in living room and has sliding doors to deck. Lower level is freshly painted, has tv room with wired in speakers. New $6000 two step furnace installed in 2016. Sump pump, radon kit installed and wifi thermostat.  Great fenced in back yard with large deck.  Don't miss out on this great property in St. Joseph, close to all that Southwest Michigan has to offer.  Just a short distance to area schools, restaurants, beaches, golf courses, churches and more.
Unit Size
2,250 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$104
Property Type
House
Property Taxes
$186
HOA Dues
-
Year Built
1992

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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 #16055052)

Price History

Date / Event Date Event Price
Jul 13, 2022 Sold
Premium
Sold
Jun 15, 2022 Listed by RE/MAX by the Lake $359,000
Listed by RE/MAX by the Lake
Dec 12, 2016 Sold
Premium
Sold
Nov 1, 2016 Listed by RE/MAX by the Lake $234,900
Listed by RE/MAX by the Lake
Oct 5, 2010 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 994
  • 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: 15,072
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 1,040
  • Total Building Area: 1,801
  • Building Area: 1,801
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,801
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROYALVIEW PARK
  • Land Acres: 0000000346
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 2 ROYALVIEW PARK

Neighborhood

  • School District Name: St. Joseph Public Schools
  • School Tax School District: ST JOSEPH
  • Census Tract: 001800

Zoning

  • Zoning: R1 - LD

Geography

  • Assessors Map Reference: 008-3
  • District: 17
  • Parcel: 17-6770-0002-00-2
  • Lot: 2
  • Municipality: ROYALTON TWP
  • Latitude: 42.0454
  • Longitude: -86.4163

    Address

  • Full Address: 3981 Silver Oaks Dr
  • Legal Unit: 2
  • Address - House Number: 3981
  • Address - Street Name: Silver Oaks
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Saint Joseph
  • Carrier Code: R042
  • 4-Digit Zip Code: 8740
  • Zip Code: 49085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $245,180

    Appraisal Valuation

  • Standard Deviation: 0.2764
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 60
  • Final Value: 392,427
  • High Value: 500,915
  • Low Value: 283,939

    Market Valuation

  • Market Total Value: $241,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $120,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 05, 2022
  • Current Sale Recording Date: Jul 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 357649
  • Previous Sale Recording Date: Dec 12, 2016
  • Previous Sale Contract Date: Dec 05, 2016
  • Previous Sale Amount: $230,000
  • 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 Berrien

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$187

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2075 ft²

Average Home Age

59.4 years

Currently For Sale

572 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: Lars A Petzke, RE/MAX by the Lake
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 16055052
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 3981 Silver Oaks Drive built and last sold?
The property at 3981 Silver Oaks Drive was built in 1992 and last sold on Jul 5, 2022 for $369,000.
How much is this home worth?
The estimated value of the home located at 3981 Silver Oaks Drive is $362,995.
What are some comparable homes to 3981 Silver Oaks Drive?
There are currently no comparable homes to 3981 Silver Oaks Drive.
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