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Berrien 49127
5495 Sunset Path
$489,000
● House - Off Market

5495 Sunset Path

Stevensville, MI 49127
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,943 Ft²
$877,821
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

LAKE MICHIGAN DEEDED ACCESS AND VIEWS OF THE LAKE-- shows like a model home... this home has it all! 3 br/2 bath features hard wood flooring, contemporary light fixtures, granite counters, stainless steel appliances, 2 fully remodeled baths, laundry 1st floor and basement, 1st floor open floor plan with fireplace. Views of Lake Michigan and sunsets are enjoyed by a beautifully finished 3 season screened in porch, with local artisan handmade glass window insert and designer shades. Deck and hot tub off house and a delightful deck with east facing exposure from second floor bedroom.  Attached 2 car garage, generator, full basement w/ built in closets. First time offering and with deeded lake, no stair access and gorgeous views, this property won't last long.
Unit Size
1,943 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$265
Property Type
House
Property Taxes
$233
HOA Dues
-
Year Built
1982

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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 #16007644)

Price History

Date / Event Date Event Price
May 23, 2016 Sold
Premium
Sold
Feb 25, 2016 Listed by Coldwell Banker Anchor R.E. $514,000
Listed by Coldwell Banker Anchor R.E.
Mar 29, 1982 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • 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: 150
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 947
  • Garage Type: 7
  • Garage Square Area: 494
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 740
  • Total Building Area: 1,420
  • Building Area: 1,420
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,420
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: FROM A POINT 1106.5'S & 2598.66'W OF E1/4 PST FRL SEC 20 T5S R19W RUN S27DEG 54'W 80.0'TO POB TH S27DEG 54'W 73.8'TH

Neighborhood

  • School District Name: Lakeshore School District
  • School Tax School District: LAKESHORE
  • Census Tract: 001500

Zoning

  • Zoning: LD

Geography

  • Assessors Map Reference: 020-3
  • District: 12
  • Parcel: 12-0020-0012-19-2
  • Meridian: SEC 20 TWN 05S RNG 19W
  • Municipality: LINCOLN TWP
  • Latitude: 42.0184
  • Longitude: -86.5427

    Address

  • Full Address: 5495 Sunset Path
  • Address - House Number: 5495
  • Address - Street Name: Sunset
  • Address - Suffix Type: Path
  • State: MI
  • City Name: Stevensville
  • Carrier Code: R001
  • 4-Digit Zip Code: 9757
  • Zip Code: 49127

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $356,320

    Appraisal Valuation

  • Standard Deviation: 0.2443
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 65
  • Final Value: 619,807
  • High Value: 771,237
  • Low Value: 468,377

    Market Valuation

  • Market Total Value: $477,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $238,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 18, 2016
  • Current Sale Recording Date: May 26, 2016
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Mar 29, 1982
  • Previous Sale Contract Date: Mar 29, 1982
  • Previous Sale Amount: $13,000
  • 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

2025 ft²

Average Home Age

59.5 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

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MichRIC

Listed by: Nancy A Blanks, Coldwell Banker Anchor R.E.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 16007644
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 5495 Sunset Path built and last sold?
The property at 5495 Sunset Path was built in 1982 and last sold on May 18, 2016 for $0.
How much is this home worth?
The estimated value of the home located at 5495 Sunset Path is $0.
What are some comparable homes to 5495 Sunset Path?
There are currently no comparable homes to 5495 Sunset Path.
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