NOT LISTED FOR SALE

138 Diamond Isle Cassopolis, MI 49031

Estimated Value: $343,000 - $517,000

2 Beds
1 Bath
800 Sq Ft
$559/Sq Ft Est. Value

Last Sold July 03, 2024

Last sale price $295,000 $369 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,632/month

43 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Wooded Lot
  • Fireplace
  • 50 Feet of Waterfront
  • 2 Car Detached Garage
  • Porch

About This Home

As of July 2024

This charming, cozy 2-bedroom, 1-bath, 800-sq-ft cottage is nestled in the tranquil woods on Diamond Isle, with lake views and deeded access to a shared grassy waterside lawn steps away with a stone seawall, sandy beach, shallow entrance, and shared pier. A barge trip from the mainland across spring-fed all-sports Diamond Lake delivers you to nature trails, golf-cart rides, and relaxed lake-island life. The home has a pine-paneled den; a kitchen with custom cabinets, Corian countertops, and island with bar seating; a living area with panoramic views and access to large wraparound deck with landscaping; 2 bedrooms; and bath with ceramic-tiled shower. House has paneled wainscoting and newer vinyl low-E windows. Property includes detached two-car garage, storage shed, and circular paver patio with firepit. A turnkey arrangement with furniture and furnishings, including kayaks and golf cart, is negotiable. 1,020-acre Diamond Lake is 2 hours from Chicago.

Last Agent to Sell the Property

Paul Delano

Lake Life Realty License #650 237 5486 Listed on: 05/09/2024

Last Buyer's Agent

Matt DeLano

Lake Life Realty License #6501443364

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,322

Year Built

  • Built in 1948

Lot Details

  • 5,663 Sq Ft Lot
  • 50 Feet of Waterfront
  • The property's road front is unimproved
  • Shrub
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Cabin
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 800 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Replacement Windows
  • Low Emissivity Windows
  • Living Room
  • Crawl Space
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Shared Waterfront
  • Shed
  • Storage Shed
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Powered By Owned Propane
  • Baseboard Heating
  • Propane

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,322

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Cabin
  • Stories: 1
  • Year Built: 1948
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 437.5
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50*115
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 800.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 3322.0
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Manufactured:Manufactured YN: No
  • Windows:Replacement: Yes
  • Appliances Refrigerators: Yes
  • Landscape:ShrubsHedges: Yes
  • Util Avail at Street:Electric: Yes
  • Lot Description:Level: Yes
  • Air Conditioning:Wall Unit(s): Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Waterfront Options:Water Frontage3: 50.0
  • Driveway:Unpaved: Yes
  • Windows:Low Emissivity Windows: Yes
  • General Property Info:Fireplace: Yes
  • Driveway:Gravel: Yes
  • Additional Items:Ceiling Fans: Yes
  • Appliances Microwave: Yes
  • Substructure:Crawl Space: Yes
  • Heat Type:Baseboard: Yes
  • Additional Items:LP Tank Owned: Yes
  • General Property Info:SqFt Above Grade: 800.0
  • General Property Info Garage YN: Yes
  • Architectural Style Cabin: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s), LP Tank Owned, Eat-in Kitchen
  • Fireplace: Yes
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space
  • LivingArea: 800.0
  • Window Features: Low-Emissivity Windows, Replacement
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 350000.0
  • Lot Features: Level, Wooded
  • Other Structures: Shed(s)
  • Patio and Porch Features: Porch(es)
  • Road Surface Type: Unimproved
  • Roof: Composition
  • Water Body Name: Diamond Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Patio and Porch Features:Porch(es): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Baseboard
  • Heating: Yes
  • Laundry Features: None
  • Sewer: Public
  • Utilities: Electricity Available
  • Water Source: Public
  • Heat Source:Electric2: Yes

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:Deeded Access: Yes
  • Water Fea Amenities:Shared Frontage: Yes

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Dimensions: 50*115
  • Lot Size Sq Ft: 5663.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3322.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jul 3, 2024
Sold by
Matthew D Kramer And Cynthia E Kramer Re
Bought by
Usenick Family Revocable Trust and Usenick
Seller's Agent
Paul Delano
Lake Life Realty
Buyer's Agent
Matt DeLano
Lake Life Realty
List Price
$350,000
Sold Price
$295,000
Premium/Discount to List
-$55,000
-15.71%
Views
107
Current Estimated Value
$446,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,985
Avg. Annual Appreciation
33.46%
Original Mortgage
$236,000
Outstanding Balance
$233,203
Interest Rate
7.03%
Mortgage Type
Credit Line Revolving
Estimated Equity
$220,312

Purchase Details

Closed on
Jan 12, 2024
Sold by
Kramer Matthew D
Bought by
Matthew D Kramer And Cynthia E Kramer Revocab and Kramer

Purchase Details

Listed on
Aug 30, 2018
Closed on
Oct 16, 2018
Sold by
Spratt Jeffrey P and Spratt Ann D
Bought by
Kramer Matthew D
Seller's Agent
Jerry Bolock
Coldwell Banker Real Estate Group
Buyer's Agent
Jerry Bolock
Coldwell Banker Real Estate Group
List Price
$224,900
Sold Price
$205,000
Premium/Discount to List
-$19,900
-8.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.64%

Purchase Details

Listed on
May 31, 2014
Closed on
Sep 30, 2014
Sold by
Smith Wayne R and Smith Jen M
Bought by
Spratt Jeffrey and Spratt Ann
Seller's Agent
Wendy Grover
Cressy & Everett Real Estate
Buyer's Agent
Jeanne Wilkerson
Cressy & Everett Real Estate
List Price
$224,500
Sold Price
$200,000
Premium/Discount to List
-$24,500
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.61%
Original Mortgage
$127,500
Interest Rate
4.07%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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
Usenick Family Revocable Trust -- Fidelity National Title
Matthew D Kramer And Cynthia E Kramer Revocab -- None Listed On Document
Kramer Matthew D $205,000 None Available
Spratt Jeffrey $200,000 Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Usenick Family Revocable Trust $236,000
Previous Owner Spratt Jeffrey $127,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2024 07/03/24 Sold $295,000 -15.7% $369 / Sq Ft
06/21/2024 06/21/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $350,000 +70.7% $438 / Sq Ft
10/16/2018 10/16/18 Sold $205,000 -8.8% $244 / Sq Ft View Prior Sale
09/28/2018 09/28/18 Pending -- -- --
08/30/2018 08/30/18 For Sale $224,900 +12.5% $268 / Sq Ft
09/30/2014 09/30/14 Sold $200,000 -10.9% $248 / Sq Ft View Prior Sale
08/18/2014 08/18/14 Pending -- -- --
05/31/2014 05/31/14 For Sale $224,500 -- $279 / Sq Ft
Source: MichRIC

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 $3,496 $262,600 $262,600 $0
2024 $824 $136,900 $136,900 $0
2023 $785 $134,600 $0 $0
2022 $748 $125,300 $0 $0
2021 $3,125 $97,300 $0 $0
2020 $3,096 $67,700 $0 $0
2019 $3,008 $66,300 $0 $0
2018 $398 $37,400 $0 $0
2017 $394 $38,500 $0 $0
2016 $390 $39,600 $0 $0
2015 -- $36,600 $0 $0
2011 -- $34,558 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 24022761

MichRIC

APN: 14-100-031-055-00