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Berrien 49116
9340 Park Drive
$535,000
● House - Off Market

9340 Park Drive

Lakeside, MI 49116
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,663 Ft²
$1,070,249
RealtyHop Estimate
86.13%
Since Oct 1, 2014
National-US
Primary Model

About This Property

This quintessential Lakeside cottage looks like a picture perfect postcard from the 1920's complete with a white picket fence and surrounded by mature trees, gardens and a lovely lawn. Right across the street is 1200 feet of deeded Lake Michigan beach. The private setting and great location lend themselves to all the timeless activities that make Michigan the most prized 2nd home destination. Enjoy swimming, biking, croquet, napping in the hammock, beach walks and bonfires. The 3BR, 2.5BA house has a vintage charm with rooms able to function in a variety of ways. Enjoy the restorative powers of nature and a lifestyle that is reminiscent of a bygone era.
Unit Size
1,663 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$346
Property Type
House
Property Taxes
$373
HOA Dues
-
Year Built
1949

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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: 2 years ago (MichRIC MLS #14047103)

Price History

Date / Event Date Event Price
Dec 14, 2016 Sold
Premium
Sold
Oct 6, 2016 Listed by Coldwell Banker Realty $598,000
Listed by Coldwell Banker Realty
Sep 26, 2014 Sold
Premium
Sold
Aug 25, 2014 Listed by Coldwell Banker Realty $575,000
Listed by Coldwell Banker Realty
Jun 16, 1995 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • 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 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: 17,250
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,150
  • Total Building Area: 2,263
  • Building Area: 2,263
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,263
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKESIDE PARK SUBDIVISION
  • Land Acres: 0000000396
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 65 LAKESIDE PARK ALSO ALL OF VACATED POPLAR LANE ADJOINING THE E LINE OF SD LOT 65

Neighborhood

  • School District Name: River Valley School District
  • School Tax School District: RIVER VALLEY
  • Census Tract: 011201

Geography

  • Assessors Map Reference: 030-1
  • District: 07
  • Parcel: 07-4460-0065-00-3
  • Lot: 65
  • Municipality: CHIKAMING TWP
  • Latitude: 41.842
  • Longitude: -86.6786

    Address

  • Full Address: 9340 Park Dr
  • Legal Unit: 65,65
  • Address - House Number: 9340
  • Address - Street Name: Park
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Lakeside
  • Carrier Code: R001
  • 4-Digit Zip Code: 9709
  • Zip Code: 49116

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $654,005

    Appraisal Valuation

  • Standard Deviation: 0.2443
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 65
  • Final Value: 919,769
  • High Value: 1,144,485
  • Low Value: 695,053

    Market Valuation

  • Market Total Value: $379,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $189,700

    Sales

  • Current Sale Contract Date: Nov 26, 2016
  • Current Sale Recording Date: Dec 14, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jun 16, 1995
  • Previous Sale Contract Date: Jun 16, 1995
  • Previous Sale Amount: $149,500
  • 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

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: Karen Strohl, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 14047103
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 9340 Park Drive built and last sold?
The property at 9340 Park Drive was built in 1949 and last sold on Nov 26, 2016 for $570,000.
How much is this home worth?
The estimated value of the home located at 9340 Park Drive is $0.
What are some comparable homes to 9340 Park Drive?
There are currently no comparable homes to 9340 Park Drive.
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