NOT LISTED FOR SALE

5309 Elizabeth St Colon, MI 49040

Estimated Value: $59,991 - $235,000

0.31 Acre
$376,606 Price per Acre
13,504 Sq Ft Lot

Last Sold April 30, 2019

Last sale price $35,000

Est. 234% increase in value since last sale

Current estimated payment $700/month

246 Days on Market

About This Lot

As of April 2019

Charming cleared lot, over 100 trees were removed yet many remain offering a shaded retreat on historic Sturgeon Lake. Sturgeon Lake offers all sports activities. Great fishing and boating for the adventurous. Property includes boat dock and Patio for summer fun. Electric service was set on property for daily use. You can set your camper up for holidays and weekend fun, some restrictions apply per Village of Colon. Great place to relax and enjoy a great lake. Interested parties should determine ability to build on there own, no guarantees are implied or given if property can be built on.

Last Agent to Sell the Property

Rick Mahler

Tyler Milliman Red Wood Realty License #6506043539 Listed on: 07/23/2018

Last Buyer's Agent

Rick Mahler

Tyler Milliman Red Wood Realty License #6506043539 Listed on: 07/23/2018

Property Details

Property Type

  • Land

Lot Details

  • 0.31 Acre Lot
  • Private Waterfront
  • Zoning described as 401

Community Details

  • Water Sports
  • Public Water Access

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 39500.0
  • Lot Features: Wooded
  • Road Surface Type: Paved
  • Topography: {"Level":true,"Rolling Hills":true}
  • Water Body Name: Sturgeon Lake
  • Waterfront Features: All Sports, Private Frontage, Public Access 1 Mile or Less
  • Waterfront: Yes

Lot Info

  • Lot Size Acres: 0.31
  • Lot Size Area: 0.31
  • Lot Size Sq Ft: 13504.0
  • Zoning Description: 401
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 992.16
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2020
Sold by
Westerhouse Colleen and Westerhouse Sean
Bought by
Kesler James P and Kesler Heather P
Current Estimated Value
$116,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,400
Outstanding Balance
$31,255
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$30,348

Purchase Details

Listed on
Jul 23, 2018
Closed on
Apr 30, 2019
Sold by
Pennington Philip S and Pennington Angel Stutler
Bought by
Westerhouse Sean and Westerhouse Colleen
Seller's Agent
Rick Mahler
Tyler Milliman Red Wood Realty
Buyer's Agent
Rick Mahler
Tyler Milliman Red Wood Realty
List Price
$39,500
Sold Price
$35,000
Premium/Discount to List
-$4,500
-11.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.25%
Original Mortgage
$28,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 21, 2015
Sold by
Long Charles Andrew and Mulhaupt Richard C
Bought by
Pennington Philip Scott and Pennington Angel Stutler
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kesler James P $43,000 Patrick Abtract & Title Offi
Westerhouse Sean $35,000 None Available
Pennington Philip Scott $25,000 Title Resource Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kesler James P $34,400
Previous Owner Westerhouse Sean $28,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $35,000 -11.4% --
03/26/2019 03/26/19 Pending -- -- --
07/23/2018 07/23/18 For Sale $39,500 -- --
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 $937 $21,100 $21,100 $0
2024 $499 $20,300 $20,300 $0
2023 $940 $20,300 $20,300 $0
2022 $0 $20,300 $20,300 $0
2021 $0 $20,300 $20,300 $0
2020 $275 $20,300 $20,300 $0
2019 $215 $20,300 $20,300 $0
2018 $1,154 $20,300 $20,300 $0
2017 $1,153 $20,300 $20,300 $0
2016 -- $20,300 $20,300 $0
2015 -- $20,300 $0 $0
2014 -- $20,300 $20,300 $0
2012 -- $25,300 $25,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18035106

Southwestern Michigan Association of REALTORS®

APN: 041-100-027-00