NOT LISTED FOR SALE

31450 S Lake Shore Dr Dowagiac, MI 49047

Estimated Value: $603,000 - $1,181,366

2 Beds
1 Bath
936 Sq Ft
$874/Sq Ft Est. Value

Last Sold September 27, 2012

Last sale price $250,000 $267 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $5,467/month

539 Days on Market

Highlights

  • Private Waterfront
  • Community Lake
  • 2 Car Detached Garage
  • Public Water Access
  • Deck
  • Eat-In Kitchen

About This Home

As of September 2012

Magician Lakefront cottage for only $295,000 that includes back lots with a 24x20 garage. Gradual slope to 50 feet of sandy lakefrontage. Private pier and shorestation that remain in the lake year round. 2 bedroom, 1 bath with additional loft/attic area for sleeping. Nice lakeside deck, walkout basement with workshop, utility room and nice storage for all the lake toys. Plenty of parking. Sewer assessment has been paid off. Continue to use as a year round cottage or at this price you can build a new lakefront home. Roof approximately 7 years old. Furnace/central air new in 1999. Most furnishings included. Available: Open bow speedboat with trailer and lift station, 14'alum fishing boat w/5hp motor, paddle boat and alum. swimming raft.

Last Agent to Sell the Property

Kelly Smit

Michigan Lakes Real Estate Team Listed on: 04/07/2011

Last Buyer's Agent

Kelly Smit

Michigan Lakes Real Estate Team Inc. License #6506042368

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,987

Year Built

  • Built in 1940

Lot Details

  • 9,888 Sq Ft Lot
  • Private Waterfront
  • 50 Feet of Waterfront
  • Shrub
  • Garden

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Garden Windows
  • Living Room with Fireplace
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Oven

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Partial Basement
  • Crawl Space

Accessible Home Design

  • Accessible Entrance
  • Stepless Entry

Outdoor Features

  • Public Water Access
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Community Lake

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,987

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1940
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 50x81 37x23 81x50x127xirr
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 936.0
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 2987.0
  • Waterfront Options:Water Access YN: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • 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
  • Substructure:Partial: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Waterfront Options:Water Frontage3: 50.0
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Walk Out: Yes
  • Landscape:Garden Area: Yes
  • Garage Type Detached: Yes
  • Substructure:Crawl Space: Yes
  • Landscape:Flower Garden: Yes
  • Accessibility Feat:No Step Entrance: Yes
  • General Property Info:SqFt Above Grade: 936.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Oven, Refrigerator
  • Accessibility Features: Accessible Entrance
  • Interior Amenities: Garage Door Opener, Eat-in Kitchen, Pantry
  • Fireplace Features: Gas Log, Living
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space, Walk Out, Partial
  • LivingArea: 936.0
  • Window Features: Garden Window(s)
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living: Yes
  • Kitchen Features:Garden Window: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • Exterior Features: Deck(s)
  • List Price: 295000.0
  • Road Surface Type: Paved
  • Water Body Name: Magician Lake
  • Waterfront Features: All Sports, Private Frontage, Public Access 1 Mile or Less
  • Waterfront: Yes
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Paved
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes
  • Additional Items:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Public Sewer Available, Natural Gas Available, Electric Available, Cable Available, Broadband Available, Phone Connected, Natural Gas Connected, Cable Connected
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Community Features: Lake

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:Private Frontage: Yes
  • Water Fea Amenities:Public Access 1 Mile or Less: Yes
  • Water Fea Amenities:View: Yes

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Dimensions: 50x81 37x23 81x50x127xirr
  • Lot Size Sq Ft: 9888.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2987.0
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2014
Sold by
Hollowell Todd A and Hollowell Angela M
Bought by
Todd A Hollowell Living Trust
Current Estimated Value
$817,789

Purchase Details

Listed on
Apr 7, 2011
Closed on
Sep 27, 2012
Sold by
Hanna David E and Hanna Jolene K
Bought by
Hollowell Todd A and Hollowell Angela M
Seller's Agent
Kelly Smit
Michigan Lakes Real Estate Team
Buyer's Agent
Kelly Smit
Michigan Lakes Real Estate Team Inc.
List Price
$299,900
Sold Price
$250,000
Premium/Discount to List
-$49,900
-16.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.49%
Original Mortgage
$200,000
Outstanding Balance
$34,584
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$783,205

Purchase Details

Closed on
Dec 17, 2004
Sold by
Hanna David E and Hanna Jolene K
Bought by
Hanna David E and Hanna Jolene K
Source: Public Records

Range of Values:

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Average Value
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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
Todd A Hollowell Living Trust -- None Available
Hollowell Todd A $250,000 Meridian Title Corp
Hanna David E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hollowell Todd A $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2012 09/27/12 Sold $250,000 -16.6% $267 / Sq Ft
09/27/2012 09/27/12 Pending -- -- --
04/07/2011 04/07/11 For Sale $299,900 -- $320 / 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 $13,725 $469,200 $469,200 $0
2024 $3,336 $437,100 $437,100 $0
2023 $3,182 $406,800 $0 $0
2022 $3,030 $316,500 $0 $0
2021 $12,232 $310,000 $0 $0
2020 $2,907 $304,600 $0 $0
2019 $11,945 $295,500 $0 $0
2018 $2,790 $259,700 $0 $0
2017 $2,736 $261,300 $0 $0
2016 $2,712 $260,600 $0 $0
2015 -- $254,800 $0 $0
2011 -- $125,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 11018179

Southwestern Michigan Association of REALTORS®

APN: 14-130-280-064-00