NOT LISTED FOR SALE

58891 Yeatter Rd Colon, MI 49040

Estimated Value: $307,000 - $328,000

3 Beds
2 Baths
1,200 Sq Ft
$261/Sq Ft Est. Value

Last Sold April 06, 2018

Last sale price $175,000 $146 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,900/month

998 Days on Market

Highlights

  • Private Waterfront
  • Spa
  • Wooded Lot
  • Docks
  • Deck
  • Eat-In Kitchen

About This Home

As of April 2018

Beautiful lake frontage on Palmer Lake. South side location allows for sunrise as well as sunsets. 3 bedroom, 2 bath bungalow has been totally updated. Open kitchen. This lake retreat is so close to lake you can fish from the deck. Over 100ft of frontage located mid-lake--. Next to home is a huge 38x30 party building. 1100 sq. ft. of heated living and relaxing space. Cabin feel interior with vaulted ceilings and lots of windows overlooking 12x40 lake side patio.

Last Agent to Sell the Property

Randy Sharp

RE/MAX Elite Group License #6502378082 Listed on: 05/28/2015

RE/MAX Elite Group

Last Buyer's Agent

Randy Sharp

RE/MAX Elite Group License #6502378082 Listed on: 05/28/2015

RE/MAX Elite Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,450

Year Built

  • Built in 1960

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 98x150x100x131
  • Private Waterfront
  • 100 Feet of Waterfront
  • Wooded Lot

Home Design

  • Bungalow
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Replacement Windows
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Ceramic Tile Flooring
  • Water Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Water Access
  • Docks
  • Deck
  • Patio
  • Shed
  • Storage Shed

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,450

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1960
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 98x150x100x131
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1200.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1450.0
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Windows:Replacement: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Natural Gas: Yes
  • Waterfront Options:Water Frontage3: 100.0
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Ceiling Fans: Yes
  • Water Heater:Natural Gas4: Yes
  • Substructure:Crawl Space: Yes
  • Additional Items:Hot Tub Spa: Yes
  • General Property Info:SqFt Above Grade: 1200.0
  • General Property Info Garage YN: No
  • Flooring:Ceramic Floor: Yes
  • Architectural Style Bungalow: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Flooring: Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Hot Tub Spa, Eat-in Kitchen
  • Fireplace Features: Family Room, Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space
  • LivingArea: 1200.0
  • Window Features: Replacement
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Fireplace:Living: Yes
  • Fireplace:Family: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 209900.0
  • Lot Features: Wooded
  • Other Structures: Shed(s)
  • Patio and Porch Features: Deck, Patio
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Palmer Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Patio and Porch Features:Deck(s): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, 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:View: Yes
  • Water Fea Amenities:Dock: Yes

Lot Info

  • Lot Size Acres: 0.4
  • Lot Size Area: 0.4
  • Lot Dimensions: 98x150x100x131
  • Lot Size Sq Ft: 17424.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1450.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2015
Closed on
Apr 6, 2018
Sold by
Opheim Sharon
Bought by
Lang Patrick and Lang Nicole
Seller's Agent
Randy Sharp
RE/MAX Elite Group
Buyer's Agent
Randy Sharp
RE/MAX Elite Group
List Price
$289,900
Sold Price
$175,000
Premium/Discount to List
-$114,900
-39.63%
Current Estimated Value
$332,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,103
Avg. Annual Appreciation
7.85%
Original Mortgage
$157,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1901
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
Lang Patrick $175,000 None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lang Patrick $185,500
Closed Lang Patrick $183,750
Closed Lang Patrick $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2018 04/06/18 Sold $175,000 -39.6% $146 / Sq Ft
02/19/2018 02/19/18 Pending -- -- --
05/28/2015 05/28/15 For Sale $289,900 -- $242 / 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 $989 $143,900 $87,100 $56,800
2023 $4,234 $123,200 $75,200 $48,000
2022 $0 $109,200 $69,300 $39,900
2021 $0 $106,100 $69,300 $36,800
2020 $0 $106,100 $69,300 $36,800
2019 $837 $79,100 $47,500 $31,600
2018 $2,319 $86,300 $55,400 $30,900
2017 $1,215 $98,500 $98,500 $0
2016 -- $99,300 $99,300 $0
2015 -- $97,900 $0 $0
2014 -- $95,700 $95,700 $0
2012 -- $93,900 $93,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15027021

Southwestern Michigan Association of REALTORS®

APN: 002-090-013-10