For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
St. Joseph 49042
64480 Lutz Road
$260,000
● House - Off Market

64480 Lutz Road

Constantine, MI 49042
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,100 Ft²
$1,356
Est. Monthly
5.63%
Cap Rate

About This Property

Multiple offers received! Highest and best by 7:00 PM on 7/26! This thoughtfully updated home on 2.5 acres includes a barn and an insulated, detached garage/workshop. House updates include new windows and doors, new kitchen cabinets, new AC, new plumbing, and tiled shower. The entrance doubles as a laundry room along with a full bath, coat closet, and canning storage. The bright and airy living room has hardwood flooring and an open concept to the kitchen. Outside features include a paved driveway, a spacious lawn, garden area, chicken coop and pasture. Don't miss out on this great property in a central location!
Unit Size
1,100 Ft²
Days on Market
45 days
Land Size
2.50 acres
Price per sqft
$227
Property Type
House
Property Taxes
$128
HOA Dues
-
Year Built
-

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 2 years ago (MichRIC MLS #25015151)

Price History

Date / Event Date Event Price
Aug 29, 2025 Sold
Premium
Sold
Jul 27, 2025 In contract -
In contract
Jul 16, 2025 Relisted $250,000
Relisted
Apr 26, 2025 Price Increased $250,000
↑ $5K (2%)
Price Increased
Apr 20, 2025 In contract -
In contract
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: 108,900
  • Lot Size Depth Feet: 3,300
  • Lot Size Frontage Feet: 3,300
  • 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
  • Land Acres: 0000002500
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: S 10 A OF S 1/2 NE 1/4 SEC 18 T7S R11W. ALSO COM E 1/4 COR SD SEC TH S 00D 19M 42S W 166.33 FT TH N 89D 31M29S W 330 FT TH N

Neighborhood

  • School District Name: Constantine Public School District
  • School Tax School District: CONSTANTINE
  • Census Tract: 041200

Geography

  • District: 006
  • Parcel: 006-018-005-00
  • Meridian: SEC 18 TWN 07S RNG 11W
  • Municipality: FLORENCE TOWNSHIP
  • Latitude: 41.8607
  • Longitude: -85.6243

    Address

  • Full Address: 64480 Lutz Rd
  • Address - House Number: 64480
  • Address - Street Name: Lutz
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Constantine
  • Carrier Code: R001
  • 4-Digit Zip Code: 8718
  • Zip Code: 49042

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $57,688

    Appraisal Valuation

  • Standard Deviation: 0.2781
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 60
  • Final Value: 160,959
  • High Value: 205,730
  • Low Value: 116,188

    Market Valuation

  • Market Total Value: $123,000
  • Market Land Value: $38,400
  • Market Improvement Value: $84,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,500
  • Assessed Land Value: $19,200
  • Assessed Improvements Value: $42,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 24, 2021
  • Current Sale Recording Date: Sep 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021009722
  • Previous Sale Recording Date: Mar 01, 2019
  • Previous Sale Contract Date: Feb 28, 2019
  • Previous Sale Amount: $65,000
  • 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

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Leon Kramer, Bright Star Realty & Auction LLC
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25015151
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 64480 Lutz Road built and last sold?
The property at 64480 Lutz Road was built in and last sold on Sep 24, 2021 for $157,500.
How much is this home worth?
The estimated value of the home located at 64480 Lutz Road is $0.
What are some comparable homes to 64480 Lutz Road?
There are currently no comparable homes to 64480 Lutz Road.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Florence Homes for Sale
Florence Houses for Sale
Florence Homes with Basements
Florence Homes with Pools
Florence Homes with Parking
Florence Homes with Garages
Florence Homes with a View
Florence Homes with Guest House
Nearby Cities
Sturgis Homes for Sale
Three Rivers Homes for Sale
Constantine Homes for Sale
White Pigeon Homes for Sale
Centreville Homes for Sale
Nearby Property Records
St. Joseph County, MI Property Records
LaGrange County, IN Property Records
Elkhart County, IN Property Records
Cass County, MI Property Records
Kalamazoo County, MI Property Records
Branch County, MI Property Records
Noble County, IN Property Records
Van Buren County, MI Property Records
Nearby Counties
Sturgis Homes for Sale
Three Rivers Homes for Sale
Lockport Homes for Sale
White Pigeon Homes for Sale
Constantine Homes for Sale
Fabius Homes for Sale
Nottawa Homes for Sale
Sherman Homes for Sale
Top Real Estate Agents
Top Agents in Florence
Top Agents in 49093
Top Agents in 49091
Top Agents in Sturgis
Top Agents in Sturgis
Top Agents in Three Rivers
Top Agents in Three Rivers
Top Agents in 49099