NOT LISTED FOR SALE

42 W Olcott Lake Dr Jackson, MI 49201

Estimated Value: $311,000 - $477,000

3 Beds
2 Baths
1,986 Sq Ft
$205/Sq Ft Est. Value

Last Sold September 20, 2019

Last sale price $320,000 $161 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,597/month

16 Days on Market

Highlights

  • Waterfront
  • No HOA
  • Cul-De-Sac
  • Deck
  • 3 Car Detached Garage
  • Eat-In Kitchen

About This Home

As of September 2019

Acreage and lakefront! Great family home to move right in and start enjoying all the summer fun at the lakes; Olcott lake is part of 7 chain of lakes! This lovely lakefront home has a very private setting, at the end of the Cul-de-sac with 2.2 acres and 170’ lake frontage. Spacious upper and lower level entertaining spaces, newly updated kitchen, new large 3 car detached garage and a huge deck overlooking the lake and the beautiful nature. Short distance south of 1-94 and east of Hwy 127. Fabulous get-away or family home; Welcome home to 42 W. Olcott!

Last Agent to Sell the Property

Mollie Hubler

EXIT REALTY 1ST LLC License #6501410441 Listed on: 07/05/2019

EXIT REALTY 1ST LLC

Last Buyer's Agent

Mollie Hubler

EXIT REALTY 1ST LLC License #6501410441 Listed on: 07/05/2019

EXIT REALTY 1ST LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,664

Year Built

  • Built in 2005

Lot Details

  • 6.66 Acre Lot
  • Lot Dimensions are 170x565
  • Waterfront
  • Cul-De-Sac

Parking

  • 3 Car Detached Garage
  • Gravel Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Built-In Oven

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • 1 Bedroom in Basement

Accessible Home Design

  • Halls are 36 inches wide or more

Outdoor Features

  • Deck
  • Patio
  • Shed

Utilities

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

Community Details

  • No Home Owners Association
  • Watson Park Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,664

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 1
  • Year Built: 2005
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 170x565
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1986.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Design: Other
  • Tax Info:Annual Property Tax: 3663.84
  • Tax Info:Zoning3: Residential
  • Waterfront Options:Water Access YN: Lake Front
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Lot Description:Cul-De-Sac: Yes
  • General Property Info:Fireplace: No
  • Driveway:Gravel: Yes
  • Additional Items:Ceiling Fans: Yes
  • Location Property Info:Subdivision2: Watson Park
  • Substructure:Walk Out: Yes
  • Outbuildings:Storage Shed: Yes
  • Appliances:Built in Oven: Yes
  • General Property Info:SqFt Above Grade: 1036.0
  • Accessibility Feat 36' or Hallway: Yes
  • Accessibility Feat 42 in or Hallway: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer, Refrigerator, Dryer, Built in Oven
  • Accessibility Features: 36' or + Hallway, 42 in or + Hallway
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Walk-Out Access
  • LivingArea: 1986.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Bedrooms: 1
  • Basement Rooms:Basement Full Baths: 1
  • Basement Rooms:Basement Finished SQFT: 950.0
  • Basement Rooms:Total Basement SQFT: 1036.0
  • Kitchen Features:Eating Area: Yes
  • Below Grade Sq Ft: 950.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Other, Patio, Deck(s)
  • List Price: 329900.0
  • Lot Features: Cul-De-Sac
  • Other Structures: Shed(s)
  • Road Surface Type: Paved
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Driveway Paved: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Other16: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 3.0

Utilities

  • Heating: Forced Air, Other
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Other
  • Association: No

Association/Amenities

  • Association Info:Assoc Fee Payable: Other

Lot Info

  • Lot Size Acres: 6.66
  • Lot Size Area: 6.66
  • Lot Dimensions: 170x565
  • Lot Size Sq Ft: 290109.6
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3663.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2019
Closed on
Sep 20, 2019
Sold by
Wymer Steven L and Wymer Jeanne E
Bought by
Horvath Kelly J
Seller's Agent
Mollie Hubler
EXIT REALTY 1ST LLC
Buyer's Agent
Mollie Hubler
EXIT REALTY 1ST LLC
Sold Price
$320,000
Current Estimated Value
$393,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,814
Avg. Annual Appreciation
3.61%
Original Mortgage
$142,000
Outstanding Balance
$74,775
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$319,781

Purchase Details

Listed on
Jul 5, 2019
Closed on
Jul 26, 2019
Sold by
Phillips Connielly R
Bought by
Wymer Steven L and Wymer Jeanne E
Seller's Agent
Mollie Hubler
EXIT REALTY 1ST LLC
Buyer's Agent
Mollie Hubler
EXIT REALTY 1ST LLC
Sold Price
$320,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Outstanding Balance
$74,775
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$319,781

Purchase Details

Listed on
Apr 4, 2016
Closed on
Jan 31, 2017
Sold by
Wymer Steven L and Wymer Jeanne E
Bought by
Wymer Steven L and Wymer Jeanne E
Seller's Agent
Mary Alice Kozemchak
Killarney Realty
Buyer's Agent
Rhonda Miles
C-21 Affiliated - Jackson
Sold Price
$239,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.69%
Original Mortgage
$227,050
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2009
Sold by
Faber Jeffrey R and Faber Kelly L
Bought by
Faber Jeffrey R and Faber Kelly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
5.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2005
Sold by
Faber Jeffrey R and Faber Kelly K
Bought by
Golden D Frank

Purchase Details

Closed on
Jan 30, 1998
Sold by
Mclain Lisa J
Bought by
Phillips Connlely R

Purchase Details

Closed on
Sep 28, 1995
Sold by
Mclain Lisa J
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
Horvath Kelly J $320,000 None Available
Wymer Steven L -- None Available
Wymer Steven L -- Attorney
Wymer Steven L $239,000 Attorney
Faber Jeffrey R -- Nations Title Agency Inc
Faber Jeffrey R -- Nations Title Agency Inc
Golden D Frank $75,000 At
Phillips Connlely R -- --
-- $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horvath Kelly J $142,000
Previous Owner Wymer Steven L $227,050
Previous Owner Faber Jeffrey R $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2019 09/20/19 Sold $320,000 +33.9% $161 / Sq Ft
07/21/2019 07/21/19 Pending -- -- --
01/31/2017 01/31/17 Sold $239,000 -- $117 / 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 $5,409 $178,900 $48,200 $130,700
2024 $3,129 $185,400 $0 $0
2023 $2,933 $162,900 $0 $0
2022 $4,635 $153,600 $0 $0
2021 $4,642 $143,000 $0 $0
2020 $4,593 $131,200 $0 $0
2019 $4,415 $133,400 $0 $0
2018 $3,329 $106,466 $0 $0
2017 $3,097 $104,400 $0 $0
2016 $3,600 $90,649 $90,649 $0
2015 $4,818 $92,511 $0 $92,511
2014 $4,818 $92,089 $0 $92,089
2013 -- $92,089 $0 $92,089
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21050644

Southwestern Michigan Association of REALTORS®

APN: 052-14-23-476-023-00