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Berrien 49127
4848 Marilyn Jane Way
$381,000
● House - Off Market

4848 Marilyn Jane Way

Stevensville, MI 49127
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,643 Ft²
$712,465
RealtyHop Estimate
75.92%
Since Mar 1, 2016
National-US
Primary Model

About This Property

Amazing 25K Price Reduction Plus $6,000 Buyer Closing Cost for this exquisite, premium quality custom built 4 BR 4 bath 3 car garage home that has every detail considered. The open floor plan offers views of nearly the entire main level. The chefs dream kitchen includes top of the line stainless steel appliances, special grade granite counters, a massive island, tumbled marble back-splash and huge walk in pantry. The double door entry leads to elegant hardwood floors matched with oil rubbed bronze fixtures. The master suite offers a bay-window, lighted tray ceiling and walk in closet and luxurious bath. The day light lower level has a huge open floor plan, media/movie room that is wired for HiDef and home audio network. Huge pines border the spacious back yard for added privacy
Unit Size
3,643 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$111
Property Type
House
Property Taxes
$397
HOA Dues
-
Year Built
2008

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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 #15035722)

Price History

Date / Event Date Event Price
Feb 10, 2016 Sold
Premium
Sold
Jul 6, 2015 Listed by Jaqua REALTORS $405,000
Listed by Jaqua REALTORS
Feb 25, 2008 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 1,278
  • Garage Type: 7
  • Garage Square Area: 701
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,380
  • Lot Size Depth Feet: 1,930
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,553
  • Building Area: 2,553
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,553
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARQUETTE PLACE
  • Land Acres: 0000000399
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 4 MARQUETTE PLACE

Neighborhood

  • School District Name: Lakeshore School District
  • School Tax School District: LAKESHORE
  • Census Tract: 001400

Zoning

  • Zoning: LD

Geography

  • Assessors Map Reference: 015-4
  • District: 12
  • Parcel: 12-4920-0004-00-8
  • Lot: 4
  • Municipality: LINCOLN TWP
  • Latitude: 42.0299
  • Longitude: -86.507

    Address

  • Full Address: 4848 Marilyn Jane Way
  • Legal Unit: 4
  • Address - House Number: 4848
  • Address - Street Name: Marilyn Jane
  • Address - Suffix Type: Way
  • State: MI
  • City Name: Stevensville
  • Carrier Code: R003
  • 4-Digit Zip Code: 8501
  • Zip Code: 49127

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $425,439

    Appraisal Valuation

  • Standard Deviation: 0.2431
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 65
  • Final Value: 556,205
  • High Value: 691,456
  • Low Value: 420,954

    Market Valuation

  • Market Total Value: $428,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $214,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 29, 2015
  • Current Sale Recording Date: Feb 10, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Feb 25, 2008
  • Previous Sale Contract Date: Feb 14, 2008
  • Previous Sale Amount: $40,000
  • 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

2019 ft²

Average Home Age

59.4 years

Currently For Sale

570 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: Anthony F Clark, Jaqua REALTORS
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 15035722
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 4848 Marilyn Jane Way built and last sold?
The property at 4848 Marilyn Jane Way was built in 2008 and last sold on Dec 29, 2015 for $381,000.
How much is this home worth?
The estimated value of the home located at 4848 Marilyn Jane Way is $0.
What are some comparable homes to 4848 Marilyn Jane Way?
There are currently no comparable homes to 4848 Marilyn Jane Way.
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