$535,000
SOLD AUG 21, 2024

50982 Garrett Rd Dowagiac, MI 49047

5 Beds
2 Baths
1,931 Sq Ft
0.46 Acres

Recently Sold

$277 Per Sq Ft

2% Above List Price

6 Days on Market

Highlights

  • Private Waterfront
  • Cooling System Mounted In Outer Wall Opening
  • Living Room
  • Porch
  • Patio
  • Accessible Entrance

About This Home

As of August 2024

Dewey Lakefront home with 5 bedrooms, 2 baths, 2 kitchens and 2 laundry rooms. Very inviting lakefront with new seawall added in 2023 and a large patio area lakeside. Second story of the home added in 2015 that has a large bedroom/bunk room. Plenty of parking with this large lot and room to build a garage/pole barn. This home has been well maintained and many more upgrades such as a new well in 2020, newer mini split Ac/Heat added, newer appliances. Most furnishings will remain. This home has so much to offer. It is time to get on Dewey Lake in Sister Lakes .

Last Agent to Sell the Property

Kelly Smit

Michigan Lakes Real Estate Team Inc. License #6506042368 Listed on: 06/19/2024

Last Buyer's Agent

Kelly Smit

Michigan Lakes Real Estate Team Inc. License #6506042368 Listed on: 06/19/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,255

Year Built

  • Built in 1950

Lot Details

  • 0.46 Acre Lot
  • Private Waterfront
  • 54 Feet of Waterfront
  • Decorative Fence
  • Shrub
  • Garden

Parking

  • Paver Block

Home Design

  • Slab Foundation
  • Composition Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,931 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Water Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Entrance
  • Stepless Entry

Outdoor Features

  • Water Access
  • Patio
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Well
  • Water Softener is Owned
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,255

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Microwave: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Oven, Refrigerator, Washer, Water Softener Owned
  • Accessibility Features: Accessible Entrance
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Total Bedrooms: 5
  • Main Level Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Slab
  • LivingArea: 1931.0
  • Basement Rooms:Total Basement SQFT: 516.0
  • Appliances:Oven: Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding
  • List Price: 525000.0
  • Patio and Porch Features: Patio, Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Dewey Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Other
  • Heating: Yes
  • Laundry Features: Lower Level, Main Level
  • Sewer: Public
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Broadband, High-Speed Internet
  • 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: 0.46
  • Lot Size Area: 0.46
  • Lot Dimensions: 54/59x43 64/85x244/330
  • Lot Size Sq Ft: 20220.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5255.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2024
Closed on
Aug 1, 2024
Sold by
Salvatori Douglas and Salvatori Catherine
Bought by
50982 Garrett Road Llc
Seller's Agent
Kelly Smit
Michigan Lakes Real Estate Team Inc.
Buyer's Agent
Kelly Smit
Michigan Lakes Real Estate Team Inc.
List Price
$525,000
Sold Price
$535,000
Premium/Discount to List
$10,000
1.9%
Views
36
Current Estimated Value
$550,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,737
Avg. Annual Appreciation
12.31%
Original Mortgage
$401,250
Outstanding Balance
$398,506
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$190,618

Purchase Details

Closed on
Nov 3, 2014
Sold by
Lobianco Joe and Lobianco Denise
Bought by
Salvatori Douglas and Salvatori Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
4.19%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Chicago Title
Warranty Deed -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $401,250 New Conventional
Previous Owner $161,250 No Value Available
Previous Owner $297,690 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2024 08/21/24 Sold $535,000 +1.9% $277 / Sq Ft
06/19/2024 06/19/24 For Sale $525,000 -- $272 / 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
2024 $1,316 $184,700 $184,700 $0
2023 $1,255 $154,600 $0 $0
2022 $1,195 $136,300 $0 $0
2021 $4,898 $122,800 $0 $0
2020 $1,147 $116,400 $0 $0
2019 $4,795 $104,900 $0 $0
2018 $1,346 $153,000 $0 $0
2017 $1,318 $151,800 $0 $0
2016 $1,306 $128,500 $0 $0
2015 -- $107,900 $0 $0
2011 -- $117,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24031048

Southwestern Michigan Association of REALTORS®

APN: 14-130-135-001-00