NOT LISTED FOR SALE

58800 S Burr Oak Rd Colon, MI 49040

Estimated Value: $420,000 - $596,000

2 Beds
2 Baths
2,630 Sq Ft
$202/Sq Ft Est. Value

Last Sold June 21, 2013

Last sale price $265,000 $101 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $3,108/month

249 Days on Market

Highlights

  • Private Waterfront
  • Public Water Access
  • Attached Garage
  • Docks
  • Wood Flooring
  • 3-minute walk to Palmer Lake Beach

About This Home

As of June 2013

Awesome lakefront home on Palmer Lake in Colon. Over 100 ft of hard sand/gravel frontage. -Beautiful sunset view. Same as new home. Oversized master suite. Open concept kitchen & family room with vaulted ceilings, dining area, living rooms all have incredible lake views. 2 car attached garage. Garden area. Lighted driveway. This is an incredible lake home. Palmer Lake is a 450+ acre all-sport lake located in south central lower Michigan. Fishing, boating, watersports. 2 hrs from Chicago & 2 hrs from Detroit.

Last Listed By

Randy Sharp

RE/MAX Elite Group License #6502378082 Listed on: 10/04/2012

RE/MAX Elite Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,999

Year Built

  • Built in 1999

Lot Details

  • 2.55 Acre Lot
  • Private Waterfront

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,630 Sq Ft Home
  • Central Vacuum
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room

Kitchen

  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • Garage Door Opener

Outdoor Features

  • Public Water Access
  • Docks
  • Shed

Utilities

  • Well
  • Septic System
  • Cable TV Available

Community Details

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,999

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1999
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cook Top, Dishwasher, Refrigerator
  • Interior Amenities: Ceiling Fans, Central Vacuum, Ceramic Floor, Garage Door Opener, Wood Floor
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • LivingArea: 2630.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 299900.0
  • Lot Features: Wooded
  • Other Structures: Shed(s)
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Palmer Lake
  • Waterfront Features: All Sports, Dock, Private Frontage, Public Access 1 Mile or Less
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage: Yes

Utilities

  • Sewer: Septic System
  • Utilities: Cable Connected
  • Water Source: Well

Lot Info

  • Lot Size Acres: 2.55
  • Lot Size Area: 2.55
  • Lot Size Sq Ft: 111078.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2012
Closed on
Jun 21, 2013
Sold by
Schipper Tod M
Bought by
The Revocable Trust Agreement Of Tod M S
Seller's Agent
Randy Sharp
RE/MAX Elite Group
Buyer's Agent
Randy Sharp
RE/MAX Elite Group
List Price
$299,900
Sold Price
$265,000
Premium/Discount to List
-$34,900
-11.64%
Total Days on Market
249
Current Estimated Value
$530,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,338

Purchase Details

Closed on
May 20, 2011
Sold by
Stecker Lisa M and Mccoy Lisa M
Bought by
Stecker Vaughn K

Purchase Details

Closed on
Mar 12, 2004
Sold by
Orange Cross Leasing Inc
Bought by
Stecker Vaughn K and Mccoy Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 1, 1901

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Similar Home in Colon, MI

  • 58560 Willow Dr, Colon, MI 49040

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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
The Revocable Trust Agreement Of Tod M S -- Patrick Abstract & Title Off
Schipper Tod M $265,000 Patrick Abstract & Title Off
Stecker Vaughn K -- None Available
Stecker Vaughn K $335,000 Sbtc
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stecker Vaughn K $266,500
Previous Owner Stecker Vaughn K $15,000
Previous Owner Stecker Vaughn K $226,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2013 06/21/13 Sold $265,000 -11.6% $101 / Sq Ft
06/10/2013 06/10/13 Pending -- -- --
10/04/2012 10/04/12 For Sale $299,900 -- $114 / 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 $1,999 $283,000 $97,000 $186,000
2023 $5,301 $241,300 $84,500 $156,800
2022 $0 $208,800 $78,200 $130,600
2021 $4,829 $198,400 $78,200 $120,200
2020 $4,829 $200,700 $78,200 $122,500
2019 $1,693 $160,200 $55,200 $105,000
2018 $4,664 $156,200 $63,600 $92,600
2017 $4,551 $169,400 $169,400 $0
2016 -- $171,700 $171,700 $0
2015 -- $167,400 $0 $0
2014 -- $161,000 $161,000 $0
2012 -- $164,500 $164,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12053997

Southwestern Michigan Association of REALTORS®

APN: 002-013-010-00