Sold
1565 N Teakwood Drive, Stevensville, MI 49127
Sold on 07/17/2026 for$200,000
MLS # 26013925 (Michigan Regional Information Center (MichRIC))
4 beds2 baths2,758 sqftBuilt 19670.73 acres
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Listing Description
Bi-level home with strong upside potential on a large ravine lot in the highly sought-after Lakeshore School District. Offering 5 bedrooms and 2 full baths, the home features hardwood floors and a functional layout with ample space to reconfigure or modernize. The property includes a newer roof, providing a solid starting point for renovation. The setting offers privacy and a desirable natural backdrop, adding long-term value once improvements are completed. This is a full renovation project requiring significant work and is best suited for investors, builders, or buyers looking to take on a substantial rehab. With the right vision and execution, this property presents an opportunity to unlock considerable value in a prime location. Bank-owned property. Seller makes no representations or warranties regarding the condition of the home. Any inspections conducted are for the buyer's informational purposes only.
Source: SparkMLS
About this home
This 4-bedroom, 2-bath, 2,758 sq ft home built in 1967 sits in Lincoln Township in Stevensville.
Final sale price: $200,000 (about $73/sq ft).
Property tax estimate: $4,765 per year ($397/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Indiana Michigan Power Company; natural gas by Michigan Gas Utilities Corporation.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms2
Living Area2,758 sqft
Lot Size0.73 acres
Year Built1967
Stories2
Location
CityStevensville
MunicipalityLincoln Twp
Zip Code49127
CountyBerrien
School DistrictLakeshore
Construction & Systems
ConstructionOther
BasementSlab
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesCable Available, Natural Gas Connected
Sale & Financing
Listed4/6/2026
Sold Date7/16/2026
Original Price$250,000
Terms AcceptedCash, FHA, VA Loan, Conventional
Source: SparkMLS
Tax Information
Annual Tax$4,765
Tax Year2025
Assessed Value$164,200
Parcel #11-12-7450-0008-00-0
Source: SparkMLS
Legal Description
LOT 8 TEAKWOOD
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAPrice & Status History
Jul 17, 2026
Sale recorded
$200,000
Apr 7, 2026
Listed for sale
$250,000
More Homes in Lincoln Township
Listed by Ryan F Katowich
Realty Executives Instant Equity
Frequently Asked Questions about 1565 N Teakwood Drive, Stevensville, MI 49127
What school district is 1565 N Teakwood Drive, Stevensville, MI 49127 in?
Per MLS# 26013925, this property is served by Lakeshore. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 26013925, the seller has indicated this property accepts the following financing types: Cash, FHA, VA Loan, Conventional. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26013925, the most recent reported annual property tax for 1565 N Teakwood Drive, Stevensville, MI 49127 is $4,765 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 1565 N Teakwood Drive, Stevensville, MI 49127 eligible for USDA financing?
Per USDA Rural Development boundary data, 1565 N Teakwood Drive, Stevensville, MI 49127 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 1565 N Teakwood Drive, Stevensville, MI 49127 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Indiana Michigan Power Company. Gas: Michigan Gas Utilities Corporation. Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Lincoln Twp police department or the Berrien County sheriff's office.
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Monthly payment$1,362
Principal & interest$1,362
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Indiana Michigan Power Company
Investor-Owned
Michigan Gas Utilities Corporation
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
1565 N Teakwood Drive, Stevensville, MI 49127
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Municipality
Lincoln Township
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