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Berrien 49111
5303 M 140
$163,000
● House - Off Market

5303 M 140

Eau Claire, MI 49111
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,876 Ft²
$177,818
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

A great home in the country, accessible to neighboring communities, fine floor plan with huge sun deck. A must see!!
Unit Size
1,876 Ft²
Days on Market
-
Land Size
1.30 acres
Price per sqft
$90
Property Type
House
Property Taxes
$104
HOA Dues
-
Year Built
1983

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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 #22044159)

Price History

Date / Event Date Event Price
Dec 9, 2022 Sold
Premium
Sold
Oct 14, 2022 Listed by McLauchlin Realty, Inc. $168,500
Listed by McLauchlin Realty, Inc.
Apr 25, 2022 Sold
Premium
Sold
Sep 24, 1998 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 7
  • Garage Square Area: 1,200
  • Parking Space Count: 5
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 56,628
  • Total Building Area: 1,876
  • Building Area: 1,876
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,876
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001300
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: COM 23.29' S0DEG24'50''E & 59.05' S88DEG12'E OF W1/4 PST SEC 23 T5S R17W TH N0DEG23'10''W ON ELY HWY R/W 353' TH S88DEG12'E

Neighborhood

  • School District Name: Eau Claire Public Schools
  • School Tax School District: EAU CLAIRE
  • Census Tract: 010500

Zoning

  • Zoning: AG

Geography

  • Assessors Map Reference: 023-1
  • District: 16
  • Parcel: 16-0023-0002-03-3
  • Meridian: SEC 23 TWN 05S RNG 17W
  • Municipality: PIPESTONE TWP
  • Latitude: 42.0213
  • Longitude: -86.2609

    Address

  • Full Address: 5303 M 140
  • Address - House Number: 5303
  • Address - Street Name: M 140
  • State: MI
  • City Name: Eau Claire
  • Carrier Code: R002
  • 4-Digit Zip Code: 8645
  • Zip Code: 49111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $95,379

    Appraisal Valuation

  • Standard Deviation: 0.2755
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 60
  • Final Value: 215,211
  • High Value: 274,521
  • Low Value: 155,902

    Market Valuation

  • Market Total Value: $175,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $87,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 09, 2022
  • Current Sale Recording Date: Dec 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 369051
  • Previous Sale Recording Date: Apr 25, 2022
  • Previous Sale Contract Date: Apr 25, 2022
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: 55

    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

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: Howard McLauchlin, McLauchlin Realty, Inc.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22044159
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 5303 Michigan 140 built and last sold?
The property at 5303 Michigan 140 was built in 1983 and last sold on Dec 9, 2022 for $163,000.
How much is this home worth?
The estimated value of the home located at 5303 Michigan 140 is $0.
What are some comparable homes to 5303 Michigan 140?
There are currently no comparable homes to 5303 Michigan 140.
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