NOT LISTED FOR SALE

50513 W Lakeshore Dr Dowagiac, MI 49047

Estimated Value: $631,000 - $1,977,173

3 Beds
2.5 Baths
1,815 Sq Ft
$687/Sq Ft Est. Value

Last Sold September 23, 2016

Last sale price $495,000 $273 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $9,336/month

Highlights

  • 150 Feet of Waterfront
  • Recreation Room
  • 2 Car Detached Garage
  • 0.86 Acre Lot
  • Den
  • Patio

About This Home

As of September 2016

Immaculate Magician Lake Lakefront home with a rare, hard to find 150 feet of gorgeous Lake frontage on Magician Lake. The best Lake views on Magician Lake from the front patio and entire home! A must see!!

Last Agent to Sell the Property

Mark Gale

Gale Realty, LLC License #6502357979 Listed on: 08/04/2016

Last Buyer's Agent

Kelly Smit

Michigan Lakes Real Estate Team Inc. License #6506042368

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,810

Year Built

  • Built in 1940

Lot Details

  • 0.86 Acre Lot
  • Lot Dimensions are 150' x 250'
  • 150 Feet of Waterfront

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Aluminum Siding

Interior Spaces

  • 1,815 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Recreation Room
  • Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Water Access
  • Property is near a lake
  • Patio

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,810

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Levels: Bi-Level
  • 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: 150' x 250'
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1815.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 4810.0
  • Waterfront Options:Water Access YN: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Waterfront Options:Water Frontage3: 150.0
  • General Property Info:Fireplace: No
  • Substructure:Slab: Yes
  • Additional Items:Window Treatments: Yes
  • General Property Info:SqFt Above Grade: 792.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Bi-Level: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Garage Door Opener
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Slab
  • LivingArea: 1815.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 2.0

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 599900.0
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • Water Body Name: Magician Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:All Sports: Yes

Lot Info

  • Lot Size Acres: 0.86
  • Lot Size Area: 0.86
  • Lot Dimensions: 150' x 250'
  • Lot Size Sq Ft: 37500.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4810.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2016
Closed on
Sep 23, 2016
Sold by
The James & Betty Mcwilliams Revocable T
Bought by
Blum Juliana and Blum Nancy
Seller's Agent
Mark Gale
Gale Realty, LLC
Buyer's Agent
Kelly Smit
Michigan Lakes Real Estate Team Inc.
List Price
$599,900
Sold Price
$495,000
Premium/Discount to List
-$104,900
-17.49%
Current Estimated Value
$1,246,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$751,058
Avg. Annual Appreciation
10.68%
Original Mortgage
$396,000
Outstanding Balance
$316,310
Interest Rate
3.43%
Estimated Equity
$929,748
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
Blum Juliana $495,000 Chicago Title Of Michigan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blum Juliana $396,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2016 09/23/16 Sold $495,000 -17.5% $273 / Sq Ft
08/04/2016 08/04/16 Pending -- -- --
08/04/2016 08/04/16 For Sale $599,900 -- $331 / 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 $33,606 $1,188,300 $1,188,300 $0
2024 $8,188 $1,099,500 $1,099,500 $0
2023 $7,808 $1,019,500 $0 $0
2022 $7,436 $800,700 $0 $0
2021 $29,918 $774,300 $0 $0
2020 $29,965 $752,800 $0 $0
2019 $29,253 $731,800 $0 $0
2018 $6,846 $637,300 $0 $0
2017 $4,571 $425,500 $0 $0
2016 $2,360 $400,400 $0 $0
2015 -- $360,400 $0 $0
2011 -- $389,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Mark Gale

    Gale Realty, LLC

    (269) 767-7628

    1 in this area

    20 Total Sales

    Mark Gale
    Section Image
  • Kelly Smit

    Buyer's Agent in 2016

    Kelly Smit

    Michigan Lakes Real Estate Team Inc.

    (269) 462-0783

    60 in this area

    84 Total Sales

    Kelly Smit
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16017792

Southwestern Michigan Association of REALTORS®

APN: 14-130-190-003-00

Michigan Cass County Dowagiac 49047

50513 W Lakeshore Dr, Dowagiac, MI

This home is located at 50513 W Lakeshore Dr, Dowagiac, MI 49047 since 04 August 2016 and is currently estimated at $1,246,058, approximately $686 per square foot. This property was built in 1940. 50513 W Lakeshore Dr is a home located in Cass County with nearby schools including Sister Lakes Elementary School, Dowagiac Middle School, and Union High 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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