NOT LISTED FOR SALE

50207 W Lakeshore Dr Dowagiac, MI 49047

Estimated Value: $164,000 - $814,000

4 Beds
3.5 Baths
3,175 Sq Ft
$127/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $532,500 $168 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $2,185/month

124 Days on Market

Highlights

  • Boathouse
  • Deck
  • Pole Barn
  • Private Waterfront
  • Traditional Architecture
  • Screened Porch

About This Home

As of August 2020

Expansive lake views from this Magician Lakefront home. Sunrise side of the lake. Very sandy lake bottom directly in front of the seawall. This is a spacious 4 bedroom, 3 1/2 bathroom home. One main floor bedroom and three upper bedrooms. Master bedroom has lake views. Lakeside screen porch, lakeside boat house. Very large maintenance free deck. Lower level family room with fireplace and built in bar directly off the lakeside deck. Attached garage and a back lot with a 32x30 pole barn with a high service door making it convenient for storing your boats. Pole barn has electric and heat. Plenty of parking with the extra back lot. Pier included. It is time for you to start enjoying lake life! Magician Lake is in Sister Lakes. Less than 2 hrs to Chicago, 40 mins to South Bend

Last Agent to Sell the Property

Kelly Smit

Michigan Lakes Real Estate Team Inc. License #6506042368 Listed on: 02/22/2020

Last Buyer's Agent

Kelly Smit

Michigan Lakes Real Estate Team

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,634

Year Built

  • Built in 1940

Lot Details

  • 0.43 Acre Lot
  • Private Waterfront
  • 53 Feet of Waterfront
  • Garden

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3,175 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Gas Log Fireplace
  • Window Treatments
  • Family Room with Fireplace
  • Living Room
  • Dining Area
  • Screened Porch
  • Water Views

Kitchen

  • Microwave
  • Dishwasher
  • Snack Bar or Counter

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Crawl Space

Outdoor Features

  • Water Access
  • Property is near a lake
  • Boathouse
  • Deck
  • Pole Barn

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,634

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1940
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 53/52x144/145 53/51x228/229
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 3175.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 5634.0
  • Waterfront Options:Water Access YN: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: 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
  • Sewer:Public: Yes
  • Waterfront Options:Water Frontage3: 53.0
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Substructure:Walk Out: Yes
  • Landscape:Garden Area: Yes
  • Substructure:Crawl Space: Yes
  • Additional Items:Wet Bar: Yes
  • General Property Info:SqFt Above Grade: 2375.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Flooring:Laminate Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Other Structures:Pole Barn: Yes
  • Other Structures Boat House: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Wet Bar
  • Fireplace Features: Family Room, Gas Log
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Crawl Space, Full, Walk-Out Access
  • LivingArea: 3175.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 2.0
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes
  • Fireplace:Family: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Scrn Porch
  • List Price: 619000.0
  • Other Structures: Boat House, Pole Barn
  • Patio and Porch Features: Deck, Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Magician Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Features:Scrn Porch: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): 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

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

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:Private Frontage: Yes
  • Water Fea Amenities:View: Yes

Lot Info

  • Lot Size Acres: 0.43
  • Lot Size Area: 0.43
  • Lot Dimensions: 53/52x144/145 53/51x228/229
  • Lot Size Sq Ft: 18731.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5634.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2020
Closed on
Aug 21, 2020
Sold by
Gosling Diane and Gibbson Terra
Bought by
Dix Gregory and Dix Sheila
Seller's Agent
Kelly Smit
Michigan Lakes Real Estate Team Inc.
Buyer's Agent
Kelly Smit
Michigan Lakes Real Estate Team Inc.
List Price
$639,000
Sold Price
$532,500
Premium/Discount to List
-$106,500
-16.67%
Current Estimated Value
$403,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$129,167
Avg. Annual Appreciation
-5.22%
Original Mortgage
$479,250
Outstanding Balance
$424,336
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
-$21,003

Purchase Details

Closed on
Sep 13, 2007
Sold by
Robert D Cravens Trust
Bought by
Kelly Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.63%
Source: Public Records

Range of Values:

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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
Dix Gregory $532,500 None Available
Kelly Craig $500,000 None Available
Kelly Craig -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dix Gregory $479,250
Previous Owner Kelly Craig $400,000
Previous Owner Kelly Craig $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2020 08/21/20 Sold $532,500 -16.7% $168 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
02/22/2020 02/22/20 For Sale $639,000 -- $201 / 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 $637 $26,900 $26,900 $0
2024 $155 $26,000 $26,000 $0
2023 $148 $24,000 $0 $0
2022 $141 $18,300 $0 $0
2021 $567 $12,800 $0 $0
2020 $106 $10,600 $0 $0
2019 $260 $9,700 $0 $0
2018 $125 $11,600 $0 $0
2017 $129 $12,000 $0 $0
2016 $186 $17,700 $0 $0
2015 -- $18,500 $0 $0
2011 -- $17,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20006639

Southwestern Michigan Association of REALTORS®

APN: 14-130-155-081-00