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Berrien 49106
4546 ILER Drive
$290,000
● House - Off Market

4546 ILER Drive

Bridgman, MI 49106
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,200 Ft²
$542,648
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model

About This Property

Ideal Lake Michigan Home... deeded access to one of the best beaches in the area with 500' frontage.  Lake Michigan without the high cost, located in Rosemary Beach, Bridgman MI.  House is tucked in a quiet wooded dune setting within 100 yards of the lake, offering miles of white sandy beach.  Cute and comfortable cottage hideaway, most furnishings included - move right in and enjoy!  Vaulted great room with wall of windows opens to dining and kitchen area, perfect for entertaining.  Boasts 2 bedrooms, 2 full baths plus a 3 seasons room for summer enjoyment.  Deck on the back with hot tub.  Located in SW Michigan 100 miles from Chicago, close to Harbor Country and minutes to area attractions; boating, fishing, golf and wineries.  LAKE LIVING the way it ought to be.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$263
Property Type
House
Property Taxes
$195
HOA Dues
$29
Year Built
1989

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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 #15051987)

Price History

Date / Event Date Event Price
Apr 25, 2016 Sold
Premium
Sold
Sep 20, 2015 Listed by @properties Christie's International R.E. $315,000
Listed by @properties Christie's International R.E.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Lot Size Depth Feet: 1,075
  • Lot Size Frontage Feet: 780
  • Total Building Area: 1,088
  • Building Area: 1,088
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,088
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROSEMARY BEACH SUB
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: COM AT A POINT PREVIOUSLY DES AS COM 284'S & 110'E OF SW COR LOT 10 ROSEMARY BEACH SUB TH N 0 DEG 0' 42''W 78.81'TH

Neighborhood

  • School District Name: Bridgman Public Schools
  • School Tax School District: BRIDGMAN
  • Census Tract: 011102

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 006-1
  • District: 11
  • Parcel: 11-0006-0004-10-6
  • Lot: 10
  • Meridian: SEC 06 TWN 06S RNG 19W
  • Municipality: LAKE TWP
  • Latitude: 41.9734
  • Longitude: -86.5662

    Address

  • Full Address: 4546 Iler Dr
  • Legal Unit: 10
  • Address - House Number: 4546
  • Address - Street Name: Iler
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Bridgman
  • Zip Code: 49106

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $348,500

    Appraisal Valuation

  • Standard Deviation: 0.2051
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 72
  • Final Value: 444,506
  • High Value: 535,707
  • Low Value: 353,306

    Market Valuation

  • Market Total Value: $342,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $171,400

    Sales

  • Current Sale Contract Date: Apr 22, 2016
  • Current Sale Recording Date: Apr 28, 2016
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Nov 14, 1988
  • Previous Sale Contract Date: Nov 14, 1988
  • Previous Sale Document Type: 27
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

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MichRIC

Listed by: Mark Wortman, @properties Christie's International R.E.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 15051987
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 4546 Iler Drive built and last sold?
The property at 4546 Iler Drive was built in 1989 and last sold on Apr 22, 2016 for $0.
How much is this home worth?
The estimated value of the home located at 4546 Iler Drive is $315,229.
What are some comparable homes to 4546 Iler Drive?
There are currently no comparable homes to 4546 Iler Drive.
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