NOT LISTED FOR SALE

1127 Lake Dr Colon, MI 49040

Estimated Value: $268,000 - $432,000

3 Beds
3 Baths
1,636 Sq Ft
$212/Sq Ft Est. Value

Last Sold October 06, 2017

Last sale price $220,000 $134 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,274/month

21 Days on Market

Highlights

  • Private Waterfront
  • Main Floor Bedroom
  • Accessible Bedroom
  • Recreation Room
  • Sun or Florida Room
  • Low Threshold Shower

About This Home

As of October 2017

''LIVING THE DREAM.''....yes you can! This lakefront, move-in ready home can be your dream come true. Located on all-sports, 444 acre Palmer Lake, will surely be the basis for family memories for years to come. Breath taking views from the 3 season room are a year around delight.The Master BR has an en-suite and plenty of storage as do the other spacious bedrooms.The lower level boasts a family room, bedroom, laundry, full bath and workshop.. Low maintenance landscape with lakeside patio makes outside living and entertaining a pleasure. Newer furnace, roof and central air are added pluses for this house which is priced to sell. Come and view and you won't want to leave.

Last Agent to Sell the Property

Karin Malesh

Berkshire Hathaway HomeServices Michigan Real Estate License #6501356701 Listed on: 08/07/2017

Berkshire Hathaway HomeServices Michigan Real Estate

Last Buyer's Agent

Crystal Heivilin

Century 21 Affiliated License #6501380871

Century 21 Affiliated

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,627

Year Built

  • Built in 1994

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 75x200x115
  • Private Waterfront
  • 75 Feet of Waterfront
  • Shrub
  • Lot Has A Rolling Slope
  • Garden
  • Property is zoned 401, 401

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,636 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Living Room with Fireplace
  • Dining Area
  • Recreation Room
  • Sun or Florida Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • Low Threshold Shower
  • Grab Bar In Bathroom
  • Accessible Bedroom
  • Rocker Light Switch

Outdoor Features

  • Water Access
  • Shed
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Septic System
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,627

Year Built

Built in 1994

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1994
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 75x200x115
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1636.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 2627.0
  • Tax Info:Zoning3: 401
  • Waterfront Options:Water Access YN: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Waterfront Options:Water Frontage3: 75.0
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Windows:Insulated Windows: Yes
  • General Property Info:Fireplace: Yes
  • Lot Description:Rolling Hills: Yes
  • Accessibility Feat:Low Threshold Shower: Yes
  • Additional Items:Ceiling Fans: Yes
  • Appliances Microwave: Yes
  • Water Heater:Natural Gas4: Yes
  • Landscape:Flower Garden: Yes
  • Accessibility Feat:Rocker Light Switches: Yes
  • General Property Info:SqFt Above Grade: 1008.0
  • General Property Info Garage YN: No
  • Architectural Style:Ranch: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Accessibility Features: Rocker Light Switches, Accessible Mn Flr Bedroom, Accessible Mn Flr Full Bath, Covered Entrance, Grab Bar Mn Flr Bath, Low Threshold Shower
  • Interior Amenities: Ceiling Fan(s), Pantry
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • LivingArea: 1636.0
  • Window Features: Insulated Windows
  • General Property Info:Stories2: 1.0
  • Appliances Range: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Accessibility Feat:Accessible Mn Flr Bedroom: Yes
  • Accessibility Feat:Accessible Mn Flr Full Bath: Yes
  • Accessibility Feat:Grab Bar Mn Flr Bath: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 239000.0
  • Lot Features: Rolling Hills
  • Other Structures: Shed(s)
  • Patio and Porch Features: 3 Season Room
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Palmer Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: Yes
  • Driveway Paved: Yes
  • Exterior Features 3 Season Room: Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public, Septic Tank
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 100.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Info:Approx Assoc Fee2: 100.0
  • Water Fea Amenities:Private Frontage: Yes
  • Association Info:Assoc Fee Payable: Annually

Lot Info

  • Lot Size Acres: 0.46
  • Lot Size Area: 0.46
  • Lot Dimensions: 75x200x115
  • Lot Size Sq Ft: 20098.0
  • Zoning Description: 401
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2627.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2017
Closed on
Oct 6, 2017
Sold by
Macdonald Donald G and Macdonald Beverly J
Bought by
Lavko Ronald and Lavko Kelly J
Seller's Agent
Karin Malesh
Berkshire Hathaway HomeServices Michigan Real Estate
Buyer's Agent
Crystal Heivilin
Century 21 Affiliated
List Price
$239,000
Sold Price
$220,000
Premium/Discount to List
-$19,000
-7.95%
Current Estimated Value
$347,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,024
Avg. Annual Appreciation
5.87%
Original Mortgage
$176,000
Outstanding Balance
$147,519
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$198,110

Purchase Details

Closed on
Jul 16, 1997
Sold by
Freeland Avis I
Bought by
Macdonald Donald G and Macdonald Beverly J

Purchase Details

Closed on
Jan 1, 1901
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lavko Ronald $220,000 Title Resource Agency
Macdonald Donald G $2,500 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lavko Ronald $176,000
Closed Lavko Ronald $22,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2017 10/06/17 Sold $220,000 -7.9% $134 / Sq Ft
08/28/2017 08/28/17 Pending -- -- --
08/07/2017 08/07/17 For Sale $239,000 -- $146 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,542 $151,400 $46,600 $104,800
2024 $2,420 $144,200 $46,600 $97,600
2023 $4,342 $128,900 $46,600 $82,300
2022 $0 $115,100 $46,600 $68,500
2021 $2,020 $109,600 $46,600 $63,000
2020 $1,157 $109,500 $46,600 $62,900
2019 $886 $86,200 $32,300 $53,900
2018 $4,743 $81,700 $32,300 $49,400
2017 $2,531 $82,000 $82,000 $0
2016 -- $81,400 $81,400 $0
2015 -- $79,200 $0 $0
2014 -- $75,800 $75,800 $0
2012 -- $79,200 $79,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17039614

Southwestern Michigan Association of REALTORS®

APN: 041-150-013-00