NOT LISTED FOR SALE

58550 Palmer Point Rd Colon, MI 49040

Estimated Value: $203,000 - $276,000

2 Beds
1 Bath
768 Sq Ft
$290/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $190,000 $247 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,245/month

2 Days on Market

Highlights

  • Private Waterfront
  • Deck
  • Storm Windows
  • Docks
  • 2 Car Detached Garage
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of August 2023

A cute cabin on Palmer Lake. House is 2 bed 1 bath with a large living/dining area overlooking the lake. 50 ft of frontage with a great place to enjoy your evenings. Nice deck to entertain. Two car garage across the road for all your toys. Cottage needs a little updating and some work.

Last Agent to Sell the Property

Kathleen Earl

RE/MAX Elite Group License #6501299194 Listed on: 08/15/2023

RE/MAX Elite Group

Last Buyer's Agent

Kathleen Earl

RE/MAX Elite Group License #6501299194 Listed on: 08/15/2023

RE/MAX Elite Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,694

Year Built

  • Built in 1950

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 50 x 118
  • Private Waterfront
  • 61 Feet of Waterfront
  • The property's road front is unimproved
  • Property fronts a private road
  • Garden

Parking

  • 2 Car Detached Garage
  • Unpaved Driveway

Home Design

  • Cabin
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Window Screens
  • Living Room
  • Dining Area
  • Storm Windows
  • Laundry on main level

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Water Access
  • Docks
  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,694

Year Built

Built in 1950

Lot Details

0

Parking

2

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: 50 x 118
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 768.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1694.0
  • Tax Info:Zoning3: res
  • Waterfront Options:Water Access YN: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Air Conditioning:Wall Unit(s): Yes
  • Waterfront Options:Water Frontage3: 61.0
  • Driveway:Unpaved: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: No
  • Substructure:Crawl Space: Yes
  • Landscape:Flower Garden: Yes
  • Windows:Storms: Yes
  • General Property Info:SqFt Above Grade: 768.0
  • General Property Info Garage YN: Yes
  • Architectural Style Cabin: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven, Range
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space, Partial
  • LivingArea: 768.0
  • Window Features: Storms, Screens
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 350.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 195000.0
  • Patio and Porch Features: Deck
  • Road Frontage Type: Private Road
  • Road Surface Type: Unimproved
  • Roof: Composition
  • Water Body Name: Palmer 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

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:Private Frontage: Yes
  • Water Fea Amenities:Dock: Yes

Lot Info

  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Dimensions: 50 x 118
  • Lot Size Sq Ft: 11761.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1694.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2025
Sold by
Ente Bruce H
Bought by
Ente Bruce H and Ente Emily G
Current Estimated Value
$213,558

Purchase Details

Listed on
Aug 15, 2023
Closed on
Aug 31, 2023
Sold by
Bernbaum Steven H
Bought by
Ente Bruce H
Seller's Agent
Kathleen Earl
RE/MAX Elite Group
Buyer's Agent
Kathleen Earl
RE/MAX Elite Group
List Price
$195,000
Sold Price
$190,000
Premium/Discount to List
-$5,000
-2.56%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.97%

Purchase Details

Closed on
Nov 8, 2010
Sold by
Bernbaum Henry I and Bernbaum Madeline C
Bought by
Bernbaum Henry I and Bernbaum Madeline C
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
Ente Bruce H -- None Listed On Document
Ente Bruce H $190,000 None Listed On Document
Bernbaum Henry I -- Dt
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $190,000 -2.6% $247 / Sq Ft
08/17/2023 08/17/23 Pending -- -- --
08/15/2023 08/15/23 For Sale $195,000 -- $254 / 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 $901 $84,800 $47,000 $37,800
2023 $1,631 $73,100 $41,200 $31,900
2022 $0 $64,900 $38,200 $26,700
2021 $1,456 $62,800 $38,200 $24,600
2020 $1,456 $63,000 $38,200 $24,800
2019 $322 $48,700 $27,400 $21,300
2018 $1,506 $49,100 $31,400 $17,700
2017 $1,331 $55,100 $55,100 $0
2016 -- $55,600 $55,600 $0
2015 -- $54,800 $0 $0
2014 -- $53,700 $53,700 $0
2012 -- $51,600 $51,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23029852

Southwestern Michigan Association of REALTORS®

APN: 002-130-013-01