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Berrien 49127
7622 Red Arrow Highway
$143,500
● House - Off Market

7622 Red Arrow Highway

Stevensville, MI 49127
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,490 Ft²
$313,108
RealtyHop Estimate
115.94%
Since Dec 1, 2012
National-US
Primary Model

About This Property

WOW! $25,000 cash bonus to the buyer: ask for details. From the moment you enter this home you'll be amazed by all the space. The kitchen is complete with SS appliances which opens to the large dining area which is also open to the massive family room. The wrap around decking is ideal for family fun or great entertaining. There is also a main floor laundry, and the second level has 2 bedrooms and additional decking. Additional space on the other side of the garage with a separate entrance. Use your imagination for all of the space this home has to offer. All that's left is to WELCOME YOU HOME.
Unit Size
2,490 Ft²
Days on Market
-
Land Size
2.03 acres
Price per sqft
$58
Property Type
House
Property Taxes
$173
HOA Dues
-
Year Built
1984

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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 #12053162)

Price History

Date / Event Date Event Price
Dec 3, 2012 Sold
Premium
Sold
Sep 29, 2012 Listed by Keller Williams Realty SWM $144,999
Listed by Keller Williams Realty SWM
May 11, 2011 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 2
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,228
  • Garage Type: 7
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 88,427
  • Total Building Area: 2,058
  • Building Area: 2,058
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,058
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002030
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: COM AT CEN SEC 5 T6S R19W TH N 330' TH E 345.2'TO HWY TH SWLY ON HWY 355.5'TO A PT E OF BEG TH W 218.1' TO POB EXC THAT PRT

Neighborhood

  • School District Name: Bridgman Public Schools
  • School Tax School District: BRIDGMAN
  • Census Tract: 011101

Zoning

  • Zoning: I

Geography

  • Assessors Map Reference: 005-2
  • District: 11
  • Parcel: 11-0005-0016-00-9
  • Meridian: SEC 05 TWN 06S RNG 19W
  • Municipality: LAKE TWP
  • Latitude: 41.9797
  • Longitude: -86.5422

    Address

  • Full Address: 7622 Red Arrow Hwy
  • Address - House Number: 7622
  • Address - Street Name: Red Arrow
  • Address - Suffix Type: Hwy
  • State: MI
  • City Name: Stevensville
  • Carrier Code: R001
  • 4-Digit Zip Code: 9250
  • Zip Code: 49127

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $140,951

    Appraisal Valuation

  • Standard Deviation: 0.2044
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 72
  • Final Value: 334,223
  • High Value: 402,567
  • Low Value: 265,879

    Market Valuation

  • Market Total Value: $270,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $135,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 15, 2012
  • Current Sale Recording Date: Dec 03, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: May 11, 2011
  • Previous Sale Contract Date: May 10, 2011
  • Previous Sale Amount: $150,000
  • 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 Berrien

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$187

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2019 ft²

Average Home Age

59.6 years

Currently For Sale

576 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: Fred F Fahrberger, Keller Williams Realty SWM
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 12053162
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 7622 Red Arrow Highway built and last sold?
The property at 7622 Red Arrow Highway was built in 1984 and last sold on Nov 15, 2012 for $143,500.
How much is this home worth?
The estimated value of the home located at 7622 Red Arrow Highway is $0.
What are some comparable homes to 7622 Red Arrow Highway?
There are currently no comparable homes to 7622 Red Arrow Highway.
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