NOT LISTED FOR SALE

402 Lake Dr Decatur, MI 49045

Estimated Value: $275,000 - $324,000

4 Beds
2 Baths
2,076 Sq Ft
$141/Sq Ft Est. Value

Last Sold October 12, 2017

Last sale price $157,000 $76 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,692/month

135 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Recreation Room
  • Water Views
  • Deck
  • Wood Flooring

About This Home

As of October 2017

Updated Beautiful Park-Like Setting with deeded access to all sports-Lake of the Woods! This superbly maintained home sits on a double lot and included 4 bedrooms and 2 full baths. The extensive list of updates includes, New Roof, New water heater, city water main, 26x30 garage added, Rebuilt boiler system, updated 200 amp electrical, kitchen and bath remodel, Waterproofing system installed, New triple pane lifetime windows, New driveway, New water softener, New patios and wood privacy fence. Enjoy sunsets and gorgeous lake views this summer! Perfect summer home, just 1.5 hours from Chicago.

Last Agent to Sell the Property

Stephanie Stankey

Berkshire Hathaway HomeServices MI License #6501376285 Listed on: 04/14/2017

Berkshire Hathaway HomeServices MI

Last Buyer's Agent

Elaine Kuklinski

Gale Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,938

Year Built

  • Built in 1955

Lot Details

  • 0.4 Acre Lot
  • Decorative Fence
  • Corner Lot: Yes
  • Garden
  • Back Yard Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Replacement Windows
  • Low Emissivity Windows
  • Window Treatments
  • Mud Room
  • Living Room
  • Dining Area
  • Recreation Room
  • Wood Flooring
  • Water Views
  • Partial Basement
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deeded Waterfront Access Rights
  • Docks
  • Deck
  • Patio
  • Shed
  • Storage Shed
  • Porch

Location

  • Mineral Rights Excluded

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Water Softener is Owned
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,938

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Tri-Level
  • Stories: 3
  • Year Built: 1955
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: Irregular
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2076.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1937.62
  • Waterfront Options:Water Access YN: Yes
  • Roofing:Composition: Yes
  • Manufactured:Manufactured YN: No
  • Windows:Replacement: Yes
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Substructure:Partial: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Windows:Low Emissivity Windows: Yes
  • General Property Info:Fireplace: Yes
  • Utilities Attached:Telephone Line: Yes
  • Heat Type:Hot Water: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Water Heater:Natural Gas4: Yes
  • Mineral Rights:No: Yes
  • Landscape:Garden Area: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Landscape:Decor Fence: Yes
  • Landscape:Flower Garden: Yes
  • Heat Type:Baseboard: Yes
  • General Property Info:SqFt Above Grade: 1682.0
  • General Property Info Garage YN: Yes
  • Flooring:Wood Floor: Yes
  • Fencing:Fenced Back: Yes
  • Architectural Style:Tri-Level: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator, Water Softener Owned
  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Partial
  • LivingArea: 2076.0
  • Window Features: Low-Emissivity Windows, Replacement, Window Treatments
  • General Property Info:Stories2: 3.0
  • Basement Rooms:Basement Finished SQFT: 394.0
  • Basement Rooms:Total Basement SQFT: 394.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Mud Room Access: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Water Softener-Owned: Yes
  • Below Grade Sq Ft: 394.0

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • Fencing: Fenced Back
  • List Price: 164900.0
  • Lot Features: Corner Lot
  • Other Structures: Shed(s)
  • Patio and Porch Features: Deck, Patio, Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Lake Of The Woods
  • Waterfront Features: Lake
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Brick: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): Yes
  • Patio And Porch Features:Patio: 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: Window Unit(s)
  • Cooling: Yes
  • Heating: Baseboard, Hot Water
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Connected, Natural Gas Connected, Cable Connected
  • Water Source: Public

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:Deeded Access: Yes
  • Water Fea Amenities:Public Access 1 Mile or Less: Yes
  • Water Fea Amenities:View: Yes
  • Water Fea Amenities:Dock: Yes

Lot Info

  • Lot Size Acres: 0.4
  • Lot Size Area: 0.4
  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 17424.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1937.62
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2019
Sold by
Gateley William and Gateley Michele
Bought by
Gateley William E and Gateley Michele L
Current Estimated Value
$292,769

Purchase Details

Listed on
Apr 14, 2017
Closed on
Oct 25, 2017
Sold by
Magee Harold and Magee Laura
Bought by
Gateley William and Gateley Michele
Seller's Agent
Stephanie Stankey
Berkshire Hathaway HomeServices MI
Buyer's Agent
Elaine Kuklinski
Gale Realty, LLC
List Price
$179,900
Sold Price
$157,000
Premium/Discount to List
-$22,900
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$141,300
Outstanding Balance
$115,609
Interest Rate
2.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$156,151

Purchase Details

Closed on
Sep 20, 2012
Sold by
Magee Harold and Magee Laura
Bought by
Magee Harold and Magee Laura

Purchase Details

Closed on
Jul 31, 2012
Sold by
Kroepel Laird Leon
Bought by
Magee Laura

Purchase Details

Closed on
Aug 21, 2003
Sold by
Kroepel Patricia Anne
Bought by
Kroepel Laird Leon
Source: Public Records

Range of Values:

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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
Gateley William E -- None Available
Gateley William $157,000 Title Source Inc
Magee Harold -- None Available
Magee Harold -- None Available
Magee Laura $88,600 None Available
Kroepel Laird Leon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gateley William $141,300
Previous Owner Kroepel Laird Leon $93,350
Previous Owner Kroepel Laird Leon $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2017 10/12/17 Sold $157,000 -12.7% $76 / Sq Ft
08/27/2017 08/27/17 Pending -- -- --
04/14/2017 04/14/17 For Sale $179,900 -- $87 / 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 $1,591 $127,300 $0 $0
2024 $1,591 $128,200 $0 $0
2023 $1,516 $60,500 $0 $0
2022 $2,926 $55,800 $0 $0
2021 $2,599 $53,700 $4,500 $49,200
2020 $2,641 $54,400 $4,500 $49,900
2019 $2,461 $53,100 $53,100 $0
2018 $2,412 $49,500 $49,500 $0
2017 $1,606 $32,700 $0 $0
2016 $1,583 $43,000 $0 $0
2015 $1,249 $43,000 $0 $0
2014 $1,360 $37,600 $0 $0
2013 -- $49,100 $49,100 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Stankey

    Seller's Agent in 2017

    Stephanie Stankey

    Berkshire Hathaway HomeServices MI

    (269) 488-5263

    29 Total Sales

    Stephanie Stankey
    Section Image

  • E

    Buyer's Agent in 2017

    Elaine Kuklinski

    Gale Realty, LLC

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17016026

Southwestern Michigan Association of REALTORS®

APN: 80-43-051-054-00

Michigan Van Buren County Decatur 49045

402 Lake Dr, Decatur, MI

This home is located at 402 Lake Dr, Decatur, MI 49045 since 14 April 2017 and is currently estimated at $292,769, approximately $141 per square foot. This property was built in 1955. 402 Lake Dr is a home located in Van Buren County with nearby schools including Davis Elementary School, Decatur Jr./Sr. High School, and Decatur Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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