NOT LISTED FOR SALE

5543 Caroline Dr Lakeview, MI 48850

Estimated Value: $403,000 - $453,000

3 Beds
2 Baths
2,023 Sq Ft
$214/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $350,000 $173 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,006/month

4 Days on Market

Highlights

  • Private Waterfront
  • Docks
  • 1 Fireplace
  • Lakeview Elementary School Rated 9+
  • Deck
  • Eat-In Kitchen

About This Home

As of October 2021

This adorable, updated cottage on Townline Lake is the perfect summer getaway or could be a wonderful investment opportunity! This home is currently used as a weekly VRBO rental earning $245 a night. The kitchen and both bathrooms have been completely updated with modern upgrades. The main living features an open floor plan for great entertaining. The wall of sliders and windows provide the perfect view of the lake. A large lot with a sandy beach and 71 ft. of lake frontage. New furnace installed in 2018 and A/C installed in 2019. The home comes with all furnishings and everything you need to move right in. Don't miss out! Call today for more information or your private tour! Seller directs listing agent to hold offers until noon Wed. 8/18

Last Agent to Sell the Property

Karla Humm

Key Realty License #6501420945 Listed on: 08/14/2021

Key Realty

Last Buyer's Agent

Tami Herweyer

Trinity Group Real Estate License #6506048785

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,469

Year Built

  • Built in 1950

Lot Details

  • 0.28 Acre Lot
  • Private Waterfront
  • 71 Feet of Waterfront
  • Level Lot

Home Design

  • Cabin
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,023 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Replacement Windows
  • Insulated Windows
  • Window Treatments

Kitchen

  • Eat-In Kitchen
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Michigan Basement
  • Partial Basement

Outdoor Features

  • Water Access
  • Docks
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Septic System
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,469

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Cabin
  • Stories: 1
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: Irregular
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2023.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 5468.93
  • Tax Info:Zoning3: Residential
  • Waterfront Options:Water Access YN: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Windows:Replacement: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Substructure:Partial: Yes
  • Lot Description:Level: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Waterfront Options:Water Frontage3: 71.0
  • Windows:Insulated Windows: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Water Heater:Natural Gas4: Yes
  • Substructure:Michigan Basement: Yes
  • Additional Items:GasWood Stove: Yes
  • General Property Info:SqFt Above Grade: 2023.0
  • General Property Info Garage YN: No
  • Architectural Style Cabin: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Fireplace Features: Gas/Wood Stove
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Michigan Basement, Partial
  • LivingArea: 2023.0
  • Window Features: Replacement, Insulated Windows, Window Treatments
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 349900.0
  • Lot Features: Level
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Townline Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Connected, Cable Connected
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:Private Frontage: Yes
  • Water Fea Amenities:Public Access 1 Mile or Less: Yes
  • Water Fea Amenities:Dock: Yes

Lot Info

  • Lot Size Acres: 0.28
  • Lot Size Area: 0.28
  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 12197.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5468.93
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2024
Sold by
Dykstra John T and Dykstra Cathryn
Bought by
Dykstra John T and Dykstra Cathryn
Current Estimated Value
$433,669

Purchase Details

Listed on
Aug 14, 2021
Closed on
Oct 1, 2021
Sold by
Greenbauer Steven R and Stryker Kathryn
Bought by
Dykstra John T and Dykstra Cathryn
Seller's Agent
Karla Humm
Key Realty
Buyer's Agent
Tami Herweyer
Trinity Group Real Estate
List Price
$349,900
Sold Price
$350,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.65%
Original Mortgage
$280,000
Interest Rate
2.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2005
Sold by
Spieker David and Spieker Diane
Bought by
Greenbauer Steven R and Greenbauer Kathryn Stryker

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,350
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 5, 2005
Sold by
Spieker Diane D
Bought by
Greenbauer Steven R and Greenbauer Kathryn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,350
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac
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
Dykstra John T -- None Listed On Document
Dykstra John T $350,000 None Available
Greenbauer Steven R $201,500 --
Greenbauer Steven R $201,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dykstra John T $280,000
Previous Owner Greenbauer Steven $167,000
Previous Owner Greenbauer Steven R $181,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Sold $350,000 0.0% $173 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
08/14/2021 08/14/21 For Sale $349,900 -- $173 / 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 $7,570 $196,100 $0 $0
2024 $7,332 $182,500 $0 $0
2023 -- $160,500 $0 $0
2022 -- $135,000 $0 $0
2021 -- $122,800 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2015 -- -- $0 $0
2014 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21100445

Southwestern Michigan Association of REALTORS®

APN: 001-520-342-00