NOT LISTED FOR SALE

32326 W Palmer Lake Rd Colon, MI 49040

Estimated Value: $155,000 - $236,000

2 Beds
1 Bath
1,559 Sq Ft
$126/Sq Ft Est. Value

Last Sold August 28, 2018

Last sale price $92,000 $59 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,169/month

24 Days on Market

Highlights

  • Recreation Room
  • Storm Windows
  • Shed
  • 1 Car Attached Garage
  • Living Room
  • Forced Air Heating System

About This Home

As of August 2018

Great starter home for you in the country. This 2 bedroom home is nestled among farmland and is in a very quiet country setting. Many updates since seller has purchased and they are continuing to work on it. This is move in condition. Almost an acre of property for you to have all you want. Trees provide much shade. Basement has a bedroom but no egress window. Also room to make a family or game room, All measurements, taxes and square footage are estimated. Take a look. Seller is motivated.

Last Agent to Sell the Property

Kathy Earl

Davis & Davis Real Estate Listed on: 06/11/2018

Last Buyer's Agent

Kathy Earl

Davis & Davis Real Estate Listed on: 06/11/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $906

Year Built

  • Built in 1950

Lot Details

  • 0.86 Acre Lot
  • Lot Dimensions are 250 x 150

Parking

  • 1 Car Attached Garage
  • Unpaved Driveway

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Window Screens
  • Living Room
  • Dining Area
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Storm Windows

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Shed
  • Storage Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$906

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 250 x 150
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1559.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 906.0
  • Waterfront Options:Water Access YN: No
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Driveway:Unpaved: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: No
  • Windows:Storms: Yes
  • General Property Info:SqFt Above Grade: 1329.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 1559.0
  • Window Features: Storms, Screens
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Finished SQFT: 230.0
  • Basement Rooms:Total Basement SQFT: 927.0
  • Below Grade Sq Ft: 230.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 97500.0
  • Other Structures: Shed(s)
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 0.86
  • Lot Size Area: 0.86
  • Lot Dimensions: 250 x 150
  • Lot Size Sq Ft: 37461.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 906.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2018
Closed on
Aug 28, 2018
Sold by
Ellis Jeffrey S and Ellis Jennifer Marie
Bought by
Vanpelt Jenna
Seller's Agent
Kathy Earl
Davis & Davis Real Estate
Buyer's Agent
Kathy Earl
Davis & Davis Real Estate
List Price
$97,500
Sold Price
$92,000
Premium/Discount to List
-$5,500
-5.64%
Current Estimated Value
$196,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,859
Avg. Annual Appreciation
11.24%
Original Mortgage
$69,000
Outstanding Balance
$60,987
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$135,872

Purchase Details

Closed on
Aug 24, 2016
Sold by
Ellis Jennifer Marie and Mcglothlen Jennifer Marie
Bought by
Ellis Jennifer Marie and Ellis Jeffrey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,200
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 27, 1999
Sold by
Outman Leroy and Outman Maria
Bought by
Mcglothlen Jennifer and Mcglothlen Audill,Paul

Purchase Details

Closed on
Oct 20, 1999

Purchase Details

Closed on
Jan 1, 1901
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
Vanpelt Jenna $92,000 Patrick Abstract & Title Off
Ellis Jennifer Marie -- Patrick Abstract & Title Off
Ellis Jennifer Marie -- Patrick Abstract & Title Off
Mcglothlen Jennifer $66,500 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanpelt Jenna $69,000
Previous Owner Ellis Jennifer Marie $44,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2018 08/28/18 Sold $92,000 -5.6% $59 / Sq Ft
07/05/2018 07/05/18 Pending -- -- --
06/11/2018 06/11/18 For Sale $97,500 -- $63 / 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 $1,499 $76,500 $3,400 $73,100
2024 $537 $74,700 $2,700 $72,000
2023 $1,425 $65,800 $2,700 $63,100
2022 $0 $50,600 $2,700 $47,900
2021 $0 $48,100 $2,700 $45,400
2020 $0 $50,400 $2,700 $47,700
2019 $455 $43,000 $2,700 $40,300
2018 $929 $37,500 $2,700 $34,800
2017 $856 $38,800 $38,800 $0
2016 -- $37,300 $37,300 $0
2015 -- $34,200 $0 $0
2014 -- $31,900 $31,900 $0
2012 -- $31,400 $31,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18026551

Southwestern Michigan Association of REALTORS®

APN: 002-023-008-10