NOT LISTED FOR SALE

51038 3rd St Dowagiac, MI 49047

Estimated Value: $476,000 - $561,000

3 Beds
1.5 Baths
1,104 Sq Ft
$477/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $250,000 $226 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $3,011/month

141 Days on Market

Highlights

  • Private Waterfront
  • Traditional Architecture
  • Forced Air Heating System
  • Deck
  • Living Room
  • Ceiling Fan

About This Home

As of February 2020

Incredible 51' of lake frontage on Dewey Lake! Enjoy your morning coffee and evening entertaining on your large lakeside deck overlooking a peaceful corner of Dewey Lake. Sitting on a quiet tree lined street, this classic Dewey Lake cottage has 3 bedrooms with an additional sleeping loft and views that span throughout the main floor living area. Lakeside on a deep wooded lot, your private 51 feet of prime water frontage is ready for you to enjoy all your favorite lake activities! Beware of Sasquatch.

Last Agent to Sell the Property

Darren Petterson

Michigan Lakes Real Estate Team Inc. License #6506047643 Listed on: 08/23/2019

Last Buyer's Agent

Darren Petterson

Michigan Lakes Real Estate Team Inc. License #6506047643 Listed on: 08/23/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,649

Year Built

  • Built in 1940

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 51.5x210x50x220
  • Private Waterfront
  • 51 Feet of Waterfront
  • Terraced Lot

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,104 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Water Views
  • Crawl Space
  • Laundry on main level

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Outdoor Features

  • Water Access
  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,649

Year Built

Built in 1940

Lot Details

0

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: 51.5x210x50x220
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1104.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 2649.02
  • Waterfront Options:Water Access YN: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Waterfront Options:Water Frontage3: 51.0
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: No
  • Additional Items:Ceiling Fans: Yes
  • Water Heater:Natural Gas4: Yes
  • Landscape:Terraced Yard: Yes
  • Substructure:Crawl Space: Yes
  • General Property Info:SqFt Above Grade: 1104.0
  • General Property Info Garage YN: No
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven, Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Crawl Space
  • LivingArea: 1104.0
  • General Property Info:Stories2: 2.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 262900.0
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Dewey Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, 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

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Dimensions: 51.5x210x50x220
  • Lot Size Sq Ft: 10900.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2649.02
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2019
Closed on
Feb 26, 2020
Sold by
Miller Mark Robert and Miller Rtrust
Bought by
Miller Randy and Macholz Jody
Seller's Agent
Darren Petterson
Michigan Lakes Real Estate Team Inc.
Buyer's Agent
Darren Petterson
Michigan Lakes Real Estate Team Inc.
List Price
$295,500
Sold Price
$250,000
Premium/Discount to List
-$45,500
-15.4%
Current Estimated Value
$526,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,609
Avg. Annual Appreciation
15.60%
Original Mortgage
$224,950
Outstanding Balance
$201,702
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$353,305
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
Miller Randy -- None Available
Petrovich Nicholas $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petrovich Nicholas $224,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $250,000 -15.4% $226 / Sq Ft
01/11/2020 01/11/20 Pending -- -- --
08/23/2019 08/23/19 For Sale $295,500 -- $268 / 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 $1,706 $205,800 $205,800 $0
2023 $1,627 $180,500 $0 $0
2022 $1,549 $159,800 $0 $0
2021 $6,320 $140,500 $0 $0
2020 $2,364 $133,700 $0 $0
2019 $2,682 $125,000 $0 $0
2018 $518 $118,600 $0 $0
2017 $508 $119,100 $0 $0
2016 $503 $122,000 $0 $0
2015 -- $115,000 $0 $0
2011 -- $122,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19011267

Southwestern Michigan Association of REALTORS®

APN: 14-130-203-003-00