NOT LISTED FOR SALE

58951 Yeatter Rd Colon, MI 49040

Estimated Value: $246,000 - $362,000

2 Beds
1 Bath
770 Sq Ft
$377/Sq Ft Est. Value

Last Sold May 21, 2018

Last sale price $172,500 $224 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,563/month

28 Days on Market

Highlights

  • Private Waterfront
  • Recreation Room
  • Eat-In Kitchen
  • Deck
  • Den
  • Garden Windows

About This Home

As of May 2018

AFFORDABLE SUMMER FUN IS WAITING FOR YOU on 450 acre all sports Palmer Lake. THIS CHARMING, CUTE, AND COZY COTTAGE has been carefully cared for & is move in ready. Enjoy your morning coffee on the 14x16 deck looking at the sunrise, or relax on the lower level patio during the day. The 50' of lake frontage features a gentle slope and a sandy beach. There is plenty of yard for the kids to play in & there are 2 16x12 sheds to store your toys & one shed includes a bunk house for even more sleeping space.
Colon, MI is the Magic Capital of the World and 2.5 hours from Chicago, and even less from Grand Rapids & 30 minutes to the Indiana Border.

Last Agent to Sell the Property

Dennis Bamber

Cressy & Everett Real Estate License #6501392410 Listed on: 03/23/2018

Cressy & Everett Real Estate

Co-Listed By

Michelle Owens

Cressy & Everett Real Estate License #6501391813

Last Buyer's Agent

Peggy Gonyon

Lake Life Realty License #6506047695

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 7,840 Sq Ft Lot
  • Lot Dimensions are 45x185x50x200
  • Private Waterfront
  • 50 Feet of Waterfront

Home Design

  • Cabin
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 770 Sq Ft Home
  • 1-Story Property
  • Garden Windows
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Recreation Room
  • Water Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Water Access
  • Property is near a lake
  • Deck
  • Shed
  • Storage Shed

Utilities

  • Wall Furnace
  • Well
  • Septic Tank
  • Septic System
  • Phone Available

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

7,840 Sq Ft Lot

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Cabin
  • Stories: 1
  • Year Built: 1965
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 392.63
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 45x185x50x200
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 770.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Waterfront Options:Water Access YN: Yes
  • Roofing:Composition: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Heat Type:Wall Furnace: Yes
  • Waterfront Options:Water Frontage3: 50.0
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: No
  • Substructure:Walk Out: Yes
  • General Property Info:SqFt Above Grade: 448.0
  • General Property Info Garage YN: No
  • Architectural Style Cabin: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full, Walk-Out Access
  • LivingArea: 770.0
  • Window Features: Garden Window
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes
  • Kitchen Features:Garden Window: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 175900.0
  • Other Structures: Shed(s)
  • Patio and Porch Features: Deck
  • 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

Garage/Parking

  • Garage: No

Utilities

  • Heating: Wall Furnace
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Phone Available, Natural Gas Available, Electricity Available
  • 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

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Dimensions: 45x185x50x200
  • Lot Size Sq Ft: 7840.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2018
Closed on
May 18, 2018
Sold by
Seegert Kevin P and Seegert Kathleen F
Bought by
Elliott Andrew L and Elliott Elizabeth M
Seller's Agent
Dennis Bamber
Cressy & Everett Real Estate
Buyer's Agent
Peggy Gonyon
Lake Life Realty
List Price
$175,900
Sold Price
$172,500
Premium/Discount to List
-$3,400
-1.93%
Current Estimated Value
$290,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,602
Avg. Annual Appreciation
6.94%
Original Mortgage
$138,000
Outstanding Balance
$119,095
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$171,007

Purchase Details

Closed on
Mar 23, 2015
Sold by
Seegert Kevin P and Seegert Kathleen F
Bought by
Kevin & Kathleen Seegert Trust

Purchase Details

Closed on
Sep 15, 2006
Sold by
Toth Ronald E
Bought by
Seegert Kevin P and Seegert Kathleen

Purchase Details

Closed on
Jul 11, 2005
Sold by
Toth Ronald and Toth Cheryl
Bought by
Toth Ronald

Purchase Details

Closed on
Aug 28, 1998
Sold by
Brown
Bought by
Toth

Purchase Details

Closed on
Oct 12, 1996

Purchase Details

Closed on
Jan 1, 1901
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Elliott Andrew L -- Fidelity National Title
Kevin & Kathleen Seegert Trust -- None Available
Seegert Kevin P $131,000 Devon Title Three Rivers
Toth Ronald -- --
Toth $73,500 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elliott Andrew L $138,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2018 05/21/18 Sold $172,500 -1.9% $224 / Sq Ft
04/20/2018 04/20/18 Pending -- -- --
03/23/2018 03/23/18 For Sale $175,900 -- $228 / Sq Ft
Source: MichRIC

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 $810 $125,400 $68,300 $57,100
2024 $787 $115,800 $62,600 $53,200
2023 $3,372 $99,600 $54,100 $45,500
2022 $0 $86,100 $49,800 $36,300
2021 $0 $83,300 $49,800 $33,500
2020 $0 $83,000 $49,800 $33,200
2019 $667 $63,000 $34,200 $28,800
2018 $3,380 $68,600 $39,900 $28,700
2017 $3,162 $77,400 $77,400 $0
2016 -- $78,100 $78,100 $0
2015 -- $76,800 $0 $0
2014 -- $76,200 $76,200 $0
2012 -- $76,600 $76,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MichRIC

MLS Number: 18010976

MichRIC

APN: 002-090-020-00

Your Personal Tour Guide

Ask me questions while you tour the home.