NOT LISTED FOR SALE

58872 Yeatter Rd Colon, MI 49040

Estimated Value: $142,000 - $240,000

3 Beds
1 Bath
986 Sq Ft
$182/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $140,000 $142 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,161/month

41 Days on Market

Highlights

  • Water Views
  • A-Frame Home
  • Storm Windows
  • Water Access
  • 1 Fireplace
  • Window Unit Cooling System

About This Home

As of July 2024

Affordable Lake Living! Welcome to your cozy A-frame cottage, nestled in the tranquil beauty of Palmer Lake. This recently remodeled retreat offers a perfect blend of lake living and modern comfort. Inside natural light floods the space through a large skylight, highlighting the cozy living area, kitchen, and dining space. With three bedrooms, there's ample space for everyone to relax. The second floor deck offers beautiful panoramic views of the Lake. Outside, an easement provides easy access to the water, inviting you to enjoy a variety of lakeside activities.

Last Agent to Sell the Property

Nic Sharp

RE/MAX Elite Group T.R. License #6501407480 Listed on: 03/20/2024

RE/MAX Elite Group T.R.

Last Buyer's Agent

Melissa Weaver

Your Premiere Properties LLC License #6501439493

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,509

Year Built

  • Built in 1950

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 57 x 131
  • Property fronts a private road

Parking

  • Unpaved Driveway

Home Design

  • A-Frame Home
  • Slab Foundation
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 986 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Window Screens
  • Living Room
  • Water Views
  • Storm Windows
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • Shared Waterfront

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Well
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,509

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: A-Frame
  • Stories: 2
  • 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: 57 x 131
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 986.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 2508.88
  • 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
  • General Property Info:Total Fireplaces: 1.0
  • Driveway:Unpaved: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: Yes
  • Substructure:Slab: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Windows:Storms: Yes
  • General Property Info:SqFt Above Grade: 986.0
  • General Property Info Garage YN: No
  • Architectural Style A-Frame: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Slab
  • LivingArea: 986.0
  • Window Features: Storms, Screens
  • General Property Info:Stories2: 2.0

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 150000.0
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront Features: Lake
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: None
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

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

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Dimensions: 57 x 131
  • Lot Size Sq Ft: 6098.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2508.88
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
Jul 1, 2024
Sold by
Mims Edgar Deandra and Mims Tatiana I
Bought by
Fowler Lance
Seller's Agent
Nic Sharp
RE/MAX Elite Group T.R.
Buyer's Agent
Melissa Weaver
Your Premiere Properties LLC
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%
Views
89
Current Estimated Value
$179,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,223
Avg. Annual Appreciation
21.66%
Original Mortgage
$137,464
Outstanding Balance
$135,806
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$43,417

Purchase Details

Closed on
Oct 14, 2020
Sold by
County Of Saint Joseph
Bought by
Mims Edgar Deandra and Mims Tatiana I

Purchase Details

Closed on
Apr 23, 2015
Sold by
Morgan Clinton and Morgan Jennifer L
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Feb 8, 2000

Purchase Details

Closed on
Dec 7, 1998
Sold by
Leimback Louise
Bought by
Morgan Clinton C and Morgan Jennifer L

Purchase Details

Closed on
Aug 25, 1990
Sold by
Leimbech Glenn Louise Jeffrey Etal
Bought by
Brennan Mary

Purchase Details

Closed on
Nov 20, 1982
Sold by
Michalak Eugene B and Michalak Dolores J
Bought by
Leimbach Louise M and Leimbach Charles W
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
Fowler Lance $140,000 None Listed On Document
Mims Edgar Deandra -- None Available
Deutsche Bank National Trust Company $19,125 Vt
-- -- --
Morgan Clinton C -- --
Brennan Mary -- --
Leimbach Louise M $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fowler Lance $137,464
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2024 07/01/24 Sold $140,000 -6.7% $142 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
03/20/2024 03/20/24 For Sale $150,000 -- $152 / 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 $2,558 $69,800 $18,900 $50,900
2024 $569 $64,400 $14,600 $49,800
2023 $2,434 $59,500 $14,600 $44,900
2022 $0 $48,800 $14,600 $34,200
2021 $0 $47,000 $14,600 $32,400
2020 $0 $62,800 $13,700 $49,100
2019 $394 $55,100 $13,700 $41,400
2018 $1,765 $48,300 $13,700 $34,600
2017 $1,626 $50,300 $50,300 $0
2016 -- $48,200 $48,200 $0
2015 -- $45,100 $0 $0
2014 -- $41,300 $41,300 $0
2012 -- $40,900 $40,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24013398

Southwestern Michigan Association of REALTORS®

APN: 002-014-038-20