$339,800
SOLD APR 20, 2023

59005 Yeatter Rd Colon, MI 49040

2 Beds
1 Bath
1,024 Sq Ft
0.31 Acres

Recently Sold

$332 Per Sq Ft

8% Below List Price

13 Days on Market

Highlights

  • 130 Feet of Waterfront
  • 2 Car Detached Garage
  • Living Room
  • Docks
  • Storm Windows
  • Forced Air Heating and Cooling System

About This Home

As of April 2023

This 2 bedroom well maintained ranch is waiting for you on Palmer Lake. Large kitchen with island. Also dining area facing the living room and looks out to lake with room for bar stools. Newer deck, partial fenced in yard with about 130 ft of frontage with a metal seawall on the 440 acre all sports lake with. Large firepit for great fires facing the lake. 2 car detached garage for all your toys. Don't wait till summer take a look now. There are a few lake toys that are available to purchase.

Last Agent to Sell the Property

Kathleen Earl

RE/MAX Elite Group License #6501299194 Listed on: 03/14/2023

RE/MAX Elite Group

Last Buyer's Agent

William Coats

Berkshire Hathaway HomeServices Michigan Real Estate License #6506040497

Berkshire Hathaway HomeServices Michigan Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,009

Year Built

  • Built in 1978

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 114 x 120
  • 130 Feet of Waterfront
  • Property fronts a private road

Parking

  • 2 Car Detached Garage
  • Unpaved Driveway

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,024 Sq Ft Home
  • 1-Story Property
  • Window Screens
  • Living Room
  • Dining Area
  • Crawl Space
  • Storm Windows
  • Laundry on main level

Kitchen

  • Oven
  • Microwave

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • Docks

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,009

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 1
  • Year Built: 1978
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 114 x 120
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1024.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 5009.0
  • Tax Info:Zoning3: res
  • 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 Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • Waterfront Options:Water Frontage3: 130.0
  • Driveway:Unpaved: Yes
  • Windows:Screens: Yes
  • Appliances Microwave: Yes
  • Substructure:Crawl Space: Yes
  • Windows:Storms: Yes
  • General Property Info:SqFt Above Grade: 1024.0
  • General Property Info Garage YN: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Oven, Refrigerator
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space
  • LivingArea: 1024.0
  • Window Features: Storms, Screens
  • General Property Info:Stories2: 1.0
  • Appliances:Oven: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 349900.0
  • Road Frontage Type: Private Road
  • 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

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

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

Association/Amenities

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

Lot Info

  • Lot Size Acres: 0.31
  • Lot Size Area: 0.31
  • Lot Dimensions: 114 x 120
  • Lot Size Sq Ft: 13504.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5009.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2023
Closed on
Apr 19, 2023
Sold by
Marino Robert Peter
Bought by
Alderson Darrin K and Alderson Kathryn P
Seller's Agent
Kathleen Earl
RE/MAX Elite Group
Buyer's Agent
William Coats
Berkshire Hathaway HomeServices Michigan Real Estate
List Price
$369,900
Sold Price
$339,800
Premium/Discount to List
-$30,100
-8.14%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%
Original Mortgage
$271,840
Outstanding Balance
$265,948
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$152,976

Purchase Details

Listed on
Jul 15, 2020
Closed on
Sep 22, 2020
Sold by
Armagast James A
Bought by
Marino Robert Peter
Seller's Agent
Julie Capron
The Collective Home Group
Buyer's Agent
Ben Otis
Weichert REALTORS Plat Allegan
List Price
$245,000
Sold Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.57%
Original Mortgage
$220,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2013
Sold by
Armagast Pamela
Bought by
Armagast James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 7, 2007
Sold by
Gordon D Selkirk Revocable Trust
Bought by
Armagast James A and Armagast Pamela

Purchase Details

Closed on
Sep 15, 2005
Sold by
Selkirk Gordon D and Selkirk Yvonne J
Bought by
Selkirk Gordon D and Gordon D Selkirk Revocable Trust

Purchase Details

Closed on
Feb 1, 2000

Purchase Details

Closed on
Aug 23, 1995
Sold by
Hutchinson
Bought by
Selkirk

Purchase Details

Closed on
Jan 1, 1901
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $339,800 None Listed On Document
Warranty Deed $245,000 Chicago Title Of Mi Inc
Interfamily Deed Transfer -- Patrick Abstract & Title Off
Warranty Deed $212,500 Patrick Abstract & Title Off
Interfamily Deed Transfer -- --
Deed -- --
Deed $52,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $271,840 New Conventional
Previous Owner $220,500 New Conventional
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2025 05/31/25 For Sale $429,995 0.0% $420 / Sq Ft
04/03/2025 04/03/25 Off Market $429,995 -- --
03/24/2025 03/24/25 For Sale $429,995 +26.5% $420 / Sq Ft
04/20/2023 04/20/23 Sold $339,800 -2.9% $332 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
03/20/2023 03/20/23 Price Changed $349,900 -5.4% $342 / Sq Ft
03/14/2023 03/14/23 For Sale $369,900 +51.0% $361 / Sq Ft
09/23/2020 09/23/20 Sold $245,000 0.0% $239 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $245,000 -- $239 / 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 $1,302 $122,600 $53,100 $69,500
2023 $5,092 $111,900 $53,100 $58,800
2022 $0 $102,100 $53,100 $49,000
2021 $0 $98,300 $53,100 $45,200
2020 $0 $98,400 $53,100 $45,300
2019 $958 $92,100 $53,100 $39,000
2018 $4,383 $88,400 $53,100 $35,300
2017 $4,020 $88,700 $88,700 $0
2016 -- $89,600 $89,600 $0
2015 -- $88,000 $0 $0
2014 -- $85,600 $85,600 $0
2012 -- $88,100 $88,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23007357

Southwestern Michigan Association of REALTORS®

APN: 002-090-024-00