NOT LISTED FOR SALE

58855 Yeatter Rd Colon, MI 49040

Estimated Value: $292,000 - $348,000

2 Beds
1 Bath
990 Sq Ft
$317/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $274,999 $278 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,193/month

2 Days on Market

Highlights

  • 60 Feet of Waterfront
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Deck
  • Storm Windows
  • Dining Area

About This Home

As of July 2023

This opportunity won't last long! Affordable lakeside living with plenty of space at an affordable price on 444 acre All Sport Palmer Lake! The cottage offers 2 bedrooms, updated kitchen/bathroom and a quaint living room area with wood burning fireplace. The 4 seasons porch offers unobstructed views from every window with sliding glass doors leading to the wrap around, lakeside deck. A few feet from the deck is 65 ft of sand/gravel frontage. A separate bunkhouse offers yet another 3 bedrooms with a small common area and its own updated bathroom. A one car detached garage gives you ample space for storage or lake toys. The home is being sold fully furnished at this price point so don't wait! Call the listing agent to schedule your private showing ASAP!

Last Agent to Sell the Property

Nic Sharp

RE/MAX Elite Group T.R. License #6501407480 Listed on: 06/06/2023

RE/MAX Elite Group T.R.

Last Buyer's Agent

Kerry Wright

Wright Properties License #6506043362

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,957

Year Built

  • Built in 1940

Lot Details

  • 7,200 Sq Ft Lot
  • Lot Dimensions are 130 x 65
  • 60 Feet of Waterfront

Parking

  • 1 Car Detached Garage

Home Design

  • Cabin
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 990 Sq Ft Home
  • 1-Story Property
  • Window Screens
  • Living Room with Fireplace
  • Dining Area
  • Water Views
  • Michigan Basement
  • Storm Windows
  • Oven

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Deck

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,957

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Cabin
  • Stories: 1
  • Year Built: 1940
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 130 x 65
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 990.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 3957.31
  • 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
  • Appliances Dryer: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Utilities Attached:Cable: Yes
  • Waterfront Options:Water Frontage3: 60.0
  • Windows:Screens: Yes
  • General Property Info:Fireplace: Yes
  • Substructure:Michigan Basement: Yes
  • Windows:Storms: Yes
  • General Property Info:SqFt Above Grade: 990.0
  • General Property Info Garage YN: Yes
  • Architectural Style Cabin: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Oven, Washer
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Michigan Basement
  • LivingArea: 990.0
  • Window Features: Storms, Screens
  • General Property Info:Stories2: 1.0
  • Appliances:Oven: Yes
  • Fireplace:Living: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 274999.0
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • 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: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

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

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:View: Yes

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Dimensions: 130 x 65
  • Lot Size Sq Ft: 7200.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3957.31
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2023
Closed on
Jul 13, 2023
Sold by
Glab John and Glab Carol
Bought by
Burgess Paul and Burgess Lauren
Seller's Agent
Nic Sharp
RE/MAX Elite Group T.R.
Buyer's Agent
Kerry Wright
Wright Properties
List Price
$274,999
Sold Price
$274,999
Views
40
Current Estimated Value
$313,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,965
Avg. Annual Appreciation
6.04%
Original Mortgage
$206,249
Outstanding Balance
$201,255
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$112,709

Purchase Details

Closed on
Mar 10, 2017
Sold by
Tompkins Kathleen Anne and Pecyna Noreen Therese
Bought by
Glab John and Glab Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2011
Sold by
Brennan Mary A
Bought by
Tompkins Kathleen Anne and Pecyna Noreen Therese

Purchase Details

Closed on
Jun 6, 1984
Sold by
Jarrett Barry R and Jarrett Lita L
Bought by
Brennan Mary A
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
Burgess Paul $274,999 None Listed On Document
Glab John $160,000 Attorney
Tompkins Kathleen Anne -- None Available
Brennan Mary A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burgess Paul $206,249
Previous Owner Glab John $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2023 07/14/23 Sold $274,999 0.0% $278 / Sq Ft
06/08/2023 06/08/23 Pending -- -- --
06/06/2023 06/06/23 For Sale $274,999 -- $278 / 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 $6,390 $144,300 $62,200 $82,100
2024 $1,420 $133,700 $57,000 $76,700
2023 $3,972 $114,200 $49,300 $64,900
2022 $0 $99,400 $45,400 $54,000
2021 $0 $95,300 $45,400 $49,900
2020 $0 $95,400 $45,400 $50,000
2019 $785 $74,200 $31,100 $43,100
2018 $3,716 $75,300 $36,300 $39,000
2017 $1,031 $83,500 $83,500 $0
2016 -- $84,500 $84,500 $0
2015 -- $82,800 $0 $0
2014 -- $80,200 $80,200 $0
2012 -- $79,700 $79,700 $0
Source: Public Records

Agents Affiliated with this Home

  • Nic Sharp

    Seller's Agent in 2023

    Nic Sharp

    RE/MAX Michigan

    (269) 330-6808

    86 Total Sales

    Nic Sharp
    Section Image
  • Kerry Wright

    Buyer's Agent in 2023

    Kerry Wright

    Wright Properties

    (269) 369-4640

    235 Total Sales

    Kerry Wright
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23019115

Southwestern Michigan Association of REALTORS®

APN: 002-090-006-00

Michigan St. Joseph County Colon 49040

58855 Yeatter Rd, Colon, MI

This home is located at 58855 Yeatter Rd, Colon, MI 49040 since 06 June 2023 and is currently estimated at $313,964, approximately $317 per square foot. This property was built in 1940. 58855 Yeatter Rd is a home located in St. Joseph County.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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