NOT LISTED FOR SALE

50736 Middle Bay Rd Dowagiac, MI 49047

Estimated Value: $239,799 - $380,000

2 Beds
1 Bath
460 Sq Ft
$661/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $185,000 $402 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,832/month

1 Day on Market

Highlights

  • Private Waterfront
  • Window Unit Cooling System
  • Shed
  • Property fronts a channel
  • Patio
  • Space Heater

About This Home

As of June 2020

Affordable and manageable. A cottage on the channel of Magician Lake. Charming with knotty pine throughout. Clever use of space. Living room with a fireplace and sliding doors to the patio. Two bedrooms and bath which offers a stand-alone shower and overhead warming heat light. Dishwasher in the galley kitchen. Sewer. 40' of frontage. Convenient boat parking cutout. Short troll out in your pontoon to the 528 acre all sport lake. Bubblers in the channel, so the water is moving and does not become stagnant. It is a delightful lake community with neighbors aligning both sides of the canal. Enjoy a fire under the stars. Cast a fishing pole. Coffee on the patio. Moderately priced lake living. There is a garden shed and room roadside for a garage. Magician Lake is a premier all sport lake in the resort area of Sister Lakes, Michigan. The Lake Life is fabulous, but Sister Lakes has much more to offer. Taste the freshest produce from the local produce stands. Sample beers at our new breweries. Take a wine tour. SW Michigan offers 30 different venues. Great golf courses are just around the corner. Winter enjoyment, too, with miles of snowmobile trails and ice fishing. Sister Lakes is less than two hours from Chicago and just over 30 minutes from Notre Dame.

Last Agent to Sell the Property

Tim Mitchell

Cressy & Everett Real Estate License #65060121806 Listed on: 05/26/2020

Cressy & Everett Real Estate

Last Buyer's Agent

Peggy Gonyon

Lake Life Realty License #6506047695

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $882

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Property fronts a channel
  • Private Waterfront
  • 40 Feet of Waterfront
  • Shrub

Home Design

  • Cabin
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 460 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Living Room with Fireplace
  • Water Views
  • Laundry on main level

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • Patio
  • Shed
  • Storage Shed

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Well

Home Details

Home Type

Single Family

Est. Annual Taxes

$882

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Cabin
  • Stories: 1
  • Year Built: 1900
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40x104/107
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 460.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 882.0
  • Waterfront Options:Water Access YN: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Refrigerators: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Waterfront Options:Water Frontage3: 40.0
  • General Property Info:Fireplace: Yes
  • Substructure:Slab: Yes
  • Additional Items:Window Treatments: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Heat Type:Space Heater: Yes
  • General Property Info:SqFt Above Grade: 460.0
  • General Property Info Garage YN: No
  • Architectural Style Cabin: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Oven, Range, Refrigerator
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Slab
  • LivingArea: 460.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 1.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 189900.0
  • Other Structures: Shed(s)
  • Patio and Porch Features: Patio
  • Water Body Name: Magician Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Space Heater
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Connected
  • 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
  • Water Fea Amenities:Channel: Yes

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Dimensions: 40x104/107
  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 882.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2020
Closed on
Jun 26, 2020
Sold by
Peterson Edward C and Peterson Frances T
Bought by
Koken Thomas Michael and Koken Michele Boggs
Seller's Agent
Tim Mitchell
Cressy & Everett Real Estate
Buyer's Agent
Peggy Gonyon
Lake Life Realty
List Price
$189,900
Sold Price
$185,000
Premium/Discount to List
-$4,900
-2.58%
Current Estimated Value
$304,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,200
Avg. Annual Appreciation
9.82%
Original Mortgage
$145,800
Outstanding Balance
$129,526
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$174,674
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
Koken Thomas Michael $185,000 Mtc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koken Thomas Michael $145,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2020 06/26/20 Sold $185,000 -2.6% $402 / Sq Ft
05/27/2020 05/27/20 Pending -- -- --
05/26/2020 05/26/20 For Sale $189,900 -- $413 / 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 $2,645 $72,500 $72,500 $0
2024 $633 $65,100 $65,100 $0
2023 $501 $48,300 $0 $0
2022 $477 $44,700 $0 $0
2021 $2,449 $53,800 $0 $0
2020 $926 $53,800 $0 $0
2019 $881 $48,500 $0 $0
2018 $197 $47,800 $0 $0
2017 $193 $47,900 $0 $0
2016 $191 $51,600 $0 $0
2015 -- $51,400 $0 $0
2011 -- $48,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20018475

Southwestern Michigan Association of REALTORS®

APN: 14-130-260-030-00