Check Availability

61881 Lake Street

61881 Lake Street, Cassopolis, MI 49031
Property in Jefferson
Refi Apr 17, 2020
Transfer
$338,000 by Horizon Bank
Mortgage Due May 01, 2050
This has been categorized as a residential property type. In total, the area measurement of the land is 21,780 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $4,537 in taxes each year. 61881 Lake Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $931,800. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUPERVISORS DIAMOND COVE
  • Land Acres: 0.5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 467-1074 829 LOTS 11 & 12 SUPERVISOR'S PLAT OF DIAMOND COVE.

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cassopolis Public Schools
  • School Tax School District: CASSOPOLIS
  • Census Tract: 002100

Geography

  • District: 040
  • Parcel: 14-040-220-011-00
  • Lot: 11-12
  • Municipality: LAGRANGE TWP
  • Latitude: 41.8986
  • Longitude: -85.999

    Address

  • Full Address: 61881 Lake St
  • Address - House Number: 61881
  • Address - Street Name: Lake
  • Address - Suffix Type: St
  • State: MI
  • City Name: Cassopolis
  • Carrier Code: R001
  • 4-Digit Zip Code: 9782
  • Zip Code: 49031

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,537

    Appraisal Valuation

  • Standard Deviation: 0.1886
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 75
  • Final Value: 1,925,571
  • High Value: 2,288,794
  • Low Value: 1,562,348

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $676,000
  • First Open Lien Mortgage Lender: HORIZON BANK
  • First Open Lien Mortgage Recording Date: Apr 17, 2020
  • First Open Lien Mortgage Loan Amount: $338,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2050
  • Second Open Lien Mortgage Lender: CIRCLE FCU
  • Second Open Lien Mortgage Recording Date: Oct 30, 2020
  • Second Open Lien Mortgage Loan Amount: $338,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2050

    Market Valuation

  • Market Total Value: $1,863,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $931,800

    Exemptions

  • Homeowner Exemption: Yes

About Cass



Similar Buildings

Property at 61881 Lake Street,

521 South Broadway Street

  • 1 Unit for Sale
521 South Broadway Street, Cassopolis, MI 49031
Property at 61881 Lake Street,

110 East South Street

  • 1 Unit for Sale
110 East South Street, Cassopolis, MI 49031
Property at 61881 Lake Street,

306 East State Street

  • 1 Unit for Sale
306 East State Street, Cassopolis, MI 49031
Property at 61881 Lake Street,

111 South Rowland Street

  • 1 Unit for Sale
111 South Rowland Street, Cassopolis, MI 49031

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 61881 Lake Street located in?
The 61881 Lake Street is a located in the neighborhood of Jefferson in Cass, Cassopolis.
What is the average sales price for listings in 61881 Lake Street?
The average sales price for units in 61881 Lake Street is $0 currently.

Quantcast