NOT LISTED FOR SALE

4355 Red Arrow Hwy Coloma, MI 49038

Estimated Value: $487,010

21 Acres
$23,757 Price per Acre
892,980 Sq Ft Lot

Last Sold March 29, 2024

Last sale price $210,000

Est. 132% increase in value since last sale

Current estimated payment $2,785/month

116 Days on Market

Highlights

  • Private Waterfront
  • Home fronts a pond
  • Level Lot
  • Barn
  • 20.5 Acre Lot
  • 4-minute walk to Randall Park

About This Lot

As of March 2024

Over 20 acres of mostly Blueberries (5 or 6 varieties mostly Blue Crop, Concord, and Jersey) 30 x 40 Chemical Building with 14ft door and electric, 24 x 24 cement floor Garage, a 4 inch well producing 70 gallons a minute and a private pond. Great location close to Lake MIchigan, St. Joe, Lake Michigan Hills Golf Course, Wineries, and Interstate 196. Great building site. Farm Equipment is also for sale to purchase with property (inquire for list of equipment and cost)

Last Listed By

Chad Bard

Berkshire Hathaway HomeServices Michigan Real Estate License #6501333138 Listed on: 10/16/2023

Berkshire Hathaway HomeServices Michigan Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,460

Lot Details

  • 20.5 Acre Lot
  • Home fronts a pond
  • Private Waterfront
  • 400 Feet of Waterfront
  • Level Lot
  • Finished Lot(s)

Utilities

  • Well
  • Phone Available

Additional Features

  • Water Access
  • Barn

Property Details

Property Type

Land

Est. Annual Taxes

$1,460

Lot Details

0

Listing Details

  • Property Sub-Type: Acreage
  • Property Type: Land
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 210000.0
  • Lot Features: Level, Buildable
  • Road Surface Type: Paved
  • Waterfront Features: Private Frontage, Pond
  • Waterfront: No

Utilities

  • Utilities: Well Attached, Electric Connected, Phone Available, Electric Available

Condo/Co-op/Association

  • Association Amenities: Other

Association/Amenities

  • Water Fea Amenities:Private Frontage: Yes

Lot Info

  • Current Use: Agricultural
  • Lot Size Acres: 20.5
  • Lot Size Area: 20.5
  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 892980.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1460.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
Apr 2, 2024
Sold by
Hartmann-Peterson Katherine and Peterson Mark D
Bought by
Clark Michael
Seller's Agent
Chad Bard
Berkshire Hathaway HomeServices Michigan Real Estate
Buyer's Agent
Chad Bard
Berkshire Hathaway HomeServices Michigan Real Estate
List Price
$220,000
Sold Price
$210,000
Premium/Discount to List
-$10,000
-4.55%
Total Days on Market
116
Views
164
Current Estimated Value
$487,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,010
Avg. Annual Appreciation
107.53%
Original Mortgage
$136,500
Outstanding Balance
$133,165
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$360,230

Purchase Details

Closed on
Aug 23, 2011
Sold by
Bucio Benjamin and Bucio Juan S
Bought by
Hartmann Peterson Katherine and Peterson Mark D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
4.55%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 3, 2006
Sold by
Thomas Donald L and Thomas Laura E
Bought by
Bucio Benjamin and Bucio Juan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,200
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 26, 1997

Purchase Details

Closed on
Mar 21, 1991

Purchase Details

Closed on
Mar 15, 1991

Range of Values:

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Average Value
Not Available
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
Clark Michael $210,000 Title Resource
Hartmann Peterson Katherine $189,000 Multiple
Bucio Benjamin $125,000 Chicago Title
-- $42,000 --
-- -- --
-- $29,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Michael $136,500
Previous Owner Hartmann Peterson Katherine $94,500
Previous Owner Bucio Benjamin $106,200
Previous Owner Thomas Donald L $386,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $210,000 0.0% --
01/24/2024 01/24/24 Price Changed $210,000 -4.5% --
10/16/2023 10/16/23 For Sale $220,000 -- --
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
2024 $707 $87,800 $0 $0
2023 $673 $62,700 $0 $0
2022 $641 $66,800 $0 $0
2021 $1,385 $65,600 $47,200 $18,400
2020 $1,481 $71,700 $0 $0
2019 $1,472 $66,000 $0 $0
2018 $1,461 $55,400 $0 $0
2017 $1,230 $62,900 $0 $0
2016 $1,334 $61,700 $0 $0
2015 $1,171 $52,200 $0 $0
2014 $737 $72,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23138486

Southwestern Michigan Association of REALTORS®

APN: 11-10-0036-0003-06-9