NOT LISTED FOR SALE

58625 S Burr Oak Rd Colon, MI 49040

Estimated Value: $376,821 - $512,000

5 Beds
2 Baths
2,656 Sq Ft
$165/Sq Ft Est. Value

Last Sold February 20, 2015

Last sale price $335,000 $126 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,489/month

Highlights

  • Private Waterfront
  • Barn
  • Sun or Florida Room
  • Docks
  • Wooded Lot
  • Porch

About This Home

As of February 2015

PALMER LAKE--Best buy on the lake! 5 bedrooms (2 bedrooms in the basement, 1 bedroom on main floor currently used as an office) and 2 full baths, Home has many updates. This property also includes Pella windows and a beautifully updated open kitchen. Large living room & three season room both overlook the lake. 300' of lake frontage with gravel-sand bottom. 300' seawall. Garden area, dock and small barn for lake toys. Huge pole barn with heated workshop & a 12' overhead electric door. This is a SPOTLESS lake home. Home is on a hill that overlooks beautiful Palmer Lake. Lots of room for storage. Home is wired for a generator. Palmer Lake is an all sport 450 acre lake in central lower Michigan.

Last Agent to Sell the Property

Randy Sharp

RE/MAX Elite Group License #6502378082 Listed on: 12/02/2014

RE/MAX Elite Group

Last Buyer's Agent

Randy Sharp

RE/MAX Elite Group License #6502378082 Listed on: 12/02/2014

RE/MAX Elite Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,970

Year Built

  • Built in 1954

Lot Details

  • 1.94 Acre Lot
  • Private Waterfront
  • 300 Feet of Waterfront
  • Shrub
  • Wooded Lot
  • Garden

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick or Stone Mason
  • Composition Roof
  • Vinyl Siding
  • Stone

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Replacement Windows
  • Window Treatments
  • Living Room
  • Sun or Florida Room
  • Ceramic Tile Flooring
  • Water Views

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • 2 Bedrooms in Basement

Outdoor Features

  • Water Access
  • Docks
  • Patio
  • Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heating System Powered By Leased Propane
  • Hot Water Heating System
  • Propane
  • Iron Water Filter
  • Water Filtration System
  • Well
  • Water Softener is Owned
  • Septic System
  • Phone Available

Additional Features

  • Low Threshold Shower
  • Barn

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,970

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1954
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: Irregular
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2656.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 2970.0
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Windows:Replacement: Yes
  • Additional Items:Water SoftenerOwned: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Natural Gas: Yes
  • Waterfront Options:Water Frontage3: 300.0
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: No
  • Utilities Attached:Telephone Line: Yes
  • Heat Type:Hot Water: Yes
  • Accessibility Feat:Low Threshold Shower: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Ceramic Floor: Yes
  • Additional Items:Window Treatments: Yes
  • Landscape:Flower Garden: Yes
  • Outbuildings:Barn: Yes
  • Additional Items:Iron Water FIlter: Yes
  • Additional Items:LP Tank Rented: Yes
  • General Property Info:SqFt Above Grade: 2240.0
  • General Property Info Garage YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer, Refrigerator, Range, Oven, Dryer, Disposal, Dishwasher
  • Accessibility Features: Low Threshold Shower
  • Interior Amenities: Ceiling Fan(s), Ceramic Floor, Garage Door Opener, Iron Water FIlter, LP Tank Rented, Water Softener/Owned, Pantry
  • Fireplace: No
  • Total Bedrooms: 5
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 2656.0
  • Window Features: Replacement, Window Treatments
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Bedrooms: 2
  • Basement Rooms:Basement Finished SQFT: 416.0
  • Basement Rooms:Total Basement SQFT: 2240.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features Pantry: Yes
  • Appliances Dishwasher: Yes
  • Below Grade Sq Ft: 416.0

Exterior Features

  • Construction Materials: Stone, Vinyl Siding
  • Exterior Features: Porch(es), Patio, 3 Season Room
  • List Price: 344900.0
  • Lot Features: Wooded
  • Other Structures: Barn(s)
  • Road Surface Type: Paved
  • Water Body Name: Palmer Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Driveway Paved: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Porch(es): Yes
  • Exterior Material:Stone: Yes
  • Exterior Features 3 Season Room: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Hot Water
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Phone Connected, 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:Public Access 1 Mile or Less: Yes
  • Water Fea Amenities:View: Yes
  • Water Fea Amenities:Dock: Yes

Lot Info

  • Lot Size Acres: 1.94
  • Lot Size Area: 1.94
  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 84506.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2970.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2023
Sold by
Rauch Richard R and Rauch Carol L
Bought by
Richard R Rauch Jr And Carol L Rauch Living R
Current Estimated Value
$434,268

Purchase Details

Listed on
Dec 2, 2014
Closed on
Feb 19, 2015
Sold by
Revocable Trust Agreement Of Dennis E Ru
Bought by
Rauch Richard R and Rauch Carol L
Seller's Agent
Randy Sharp
RE/MAX Elite Group
Buyer's Agent
Randy Sharp
RE/MAX Elite Group
List Price
$349,900
Sold Price
$335,000
Premium/Discount to List
-$14,900
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.79%
Original Mortgage
$260,000
Interest Rate
3.72%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Richard R Rauch Jr And Carol L Rauch Living R -- --
Rauch Richard R $335,000 Pato
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rauch Richard I R $240,500
Previous Owner Rauch Richard A $242,000
Previous Owner Rauch Richard R $260,000
Previous Owner Russell Dennis E $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2015 02/20/15 Sold $335,000 -4.3% $126 / Sq Ft
12/02/2014 12/02/14 For Sale $349,900 -- $132 / Sq Ft
12/01/2014 12/01/14 Pending -- -- --
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 $1,330 $179,000 $27,400 $151,600
2023 $3,527 $164,200 $27,400 $136,800
2022 $0 $131,400 $27,400 $104,000
2021 $0 $125,800 $27,400 $98,400
2020 $3,128 $131,900 $27,400 $104,500
2019 $1,126 $115,700 $27,400 $88,300
2018 $3,136 $103,900 $27,400 $76,500
2017 $3,259 $123,400 $123,400 $0
2016 -- $117,500 $117,500 $0
2015 -- $110,900 $0 $0
2014 -- $103,100 $103,100 $0
2012 -- $113,300 $113,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14047251

Southwestern Michigan Association of REALTORS®

APN: 002-190-007-02