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St. Joseph 49093
57136 Tim Avenue
$212,000
● House - Off Market

57136 Tim Avenue

Three Rivers, MI 49093
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,950 Ft²
$1,275
Est. Monthly
6.29%
Cap Rate

About This Property

Step into this beautifully renovated ranch house featuring contemporary finishes and a warm, inviting atmosphere! On almost half an acre, this home boasts a quaint front porch perfect for sweet tea on a hot day, an open concept floor plan for easy living with a spacious living room, beautiful wood floors, 3 bedrooms and 1 bath. Lower level has a large rec room perfect for entertaining, separate laundry area and lots of storage space. The ample backyard is fully fenced in and private and includes a nice storage shed for lawn equipment and toys. This home offers a perfect blend of affordability and modern comfort, ready for new owners to move in and enjoy!
Unit Size
1,950 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$118
Property Type
House
Property Taxes
$145
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #24026392)

Price History

Date / Event Date Event Price
Jul 1, 2024 Sold
Premium
Sold
Jun 7, 2024 In contract -
In contract
May 27, 2024 Listed by Berkshire Hathaway HomeServices Michigan Real Estate $229,900
Listed by Berkshire Hathaway HomeServices Michigan Real Estate
Oct 2, 2019 Sold
Premium
Sold
Aug 13, 2019 Listed by Berkshire Hathaway HomeServices Michigan Real Estate $144,900
Listed by Berkshire Hathaway HomeServices Michigan Real Estate
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • 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 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: 18,295
  • Lot Size Depth Feet: 1,820
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GLENDALE NO. 2
  • Land Acres: 0000000420
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 18 GLENDALE NO. 2 SEC7 T6S R11W.

Neighborhood

  • School District Name: Three Rivers Community Schools
  • School Tax School District: THREE RIVERS
  • Census Tract: 040100

Geography

  • District: 009
  • Parcel: 009-095-018-00
  • Lot: 18
  • Meridian: SEC 07 TWN 06S RNG 11W
  • Municipality: LOCKPORT TOWNSHIP
  • Latitude: 41.9673
  • Longitude: -85.6279

    Address

  • Full Address: 57136 Tim Ave
  • Address - House Number: 57136
  • Address - Street Name: Tim
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Three Rivers
  • Carrier Code: R004
  • 4-Digit Zip Code: 9003
  • Zip Code: 49093

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $66,734

    Appraisal Valuation

  • Standard Deviation: 0.227
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 190,272
  • High Value: 233,473
  • Low Value: 147,070

    Market Valuation

  • Market Total Value: $146,800
  • Market Land Value: $9,800
  • Market Improvement Value: $137,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $73,400
  • Assessed Land Value: $4,900
  • Assessed Improvements Value: $68,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 20, 2019
  • Current Sale Recording Date: Oct 02, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Apr 25, 2012
  • Previous Sale Contract Date: Apr 13, 2012
  • Previous Sale Amount: $84,000
  • 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 St. Joseph

Stats & Trends

Median Asking:

$240,000

Sale Price/ft²

$153

Above Asking

0.00%

Average Days on Market

58

Average Home Size

2070 ft²

Average Home Age

73.8 years

Currently For Sale

147 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

Unit for rent at 700 N Douglas Avenue, Three Rivers, MI, 49093

$1,006 /mo

  • 1 Bed
  • 1 Bath
700 N Douglas Avenue, Three Rivers, MI, 49093 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Josh Nagy, Berkshire Hathaway HomeServices Michigan Real Estate
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24026392
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 57136 Tim Avenue built and last sold?
The property at 57136 Tim Avenue was built in and last sold on Sep 20, 2019 for $141,500.
How much is this home worth?
The estimated value of the home located at 57136 Tim Avenue is $0.
What are some comparable homes to 57136 Tim Avenue?
There are currently no comparable homes to 57136 Tim Avenue.
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