$245,000
SOLD SEP 23, 2020

59005 Yeatter Rd Colon, MI 49040

2 Beds
1 Bath
1,026 Sq Ft
0.31 Acres

Recently Sold

$239 Per Sq Ft

2 Days on Market

Highlights

  • Private Waterfront
  • Deck
  • Living Room
  • Docks
  • 2 Car Detached Garage
  • Shed

About This Home

As of April 2023

All sports Palmer Lake ranch home with 127 feet water frontage. Seawall, shallow with a sandy bottom, and a 40 foot deck. 2 bedroom ranch with large living room,dining and kitchen. Well maintained throughout the years.
360 acre lake located in St. Joseph county. Lake has a maximum depth of 32 feet and an average depth of nine feet.Palmer Lake is connected to Long Lake via a channel that is 1.2 miles in length. Just over 2 hours from Chicago IL. 45 Minutes to Shipshewana IN

Last Agent to Sell the Property

Julie Capron

The Collective Home Group License #6502412001 Listed on: 07/15/2020

Last Buyer's Agent

Ben Otis

Weichert REALTORS Plat Allegan License #6502390146

Weichert REALTORS Plat Allegan

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,669

Year Built

  • Built in 1978

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 114 x 120
  • Private Waterfront
  • 127 Feet of Waterfront

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,026 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Living Room
  • Dining Area
  • Crawl Space
  • Laundry on main level

Kitchen

  • Range
  • Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • Docks
  • Deck
  • Shed
  • Storage Shed

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,669

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: Ranch
  • 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: 1026.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 4669.18
  • Tax Info:Zoning3: res
  • Waterfront Options:Water Access YN: 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: 127.0
  • General Property Info:Fireplace: No
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Substructure:Crawl Space: Yes
  • General Property Info:SqFt Above Grade: 1026.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Range, Refrigerator
  • Interior Amenities: Garage Door Opener, Kitchen Island
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space
  • LivingArea: 1026.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 1.0
  • Appliances Range: Yes
  • Kitchen Features:Center Island: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 245000.0
  • Other Structures: Shed(s)
  • Patio and Porch Features: Deck
  • Water Body Name: Palmer Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Additional Items:Garage Door Opener: Yes
  • 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:Private Frontage: 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: 4669.18
  • Tax Year: 2020

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

Similar Homes in Colon, MI

  • 32205 James St, Colon, MI 49040

    $229,000

    • 2 Beds
    • 1 Bath
    • 864 Sq Ft
    • 32205 James St
    • Colon, MI

    Palmer Lake views and Deeded access. Sitting on 4 lots, this adorable 2 bedroom cabin has been completely renovated. It's hard not to fall in love with it the minute you step into the door. Snug as a bug, this cabin is year round living. The detached two car garage is used as the party garage for large gatherings and food stations. Seller is selling turn key minus a few personals.

    Dorothy Mottl D Mottl Realty Group LLC

    Section Image
  • 58954 Lakeshore Dr, Colon, MI 49040

    $190,000

    • 2 Beds
    • 1 Bath
    • 576 Sq Ft
    • 58954 Lakeshore Dr
    • Colon, MI

    Palmer Lake frontage! This 2 bedroom home is ready for you to enjoy. Featuring 50 feet of lake frontage, Palmer Lake is a 444 acre lake that is great for boating, fishing, swimming, and more. The home sits on a quieter part of the lake but is still close to town for everything you could need. The home features the living room with a slider that overlooks the lake, the kitchen, and the eating

    Greg Miller Berkshire Hathaway HomeServices MI

    Section Image
  • 58911 Long Lake Rd, Colon, MI 49040

    $299,800

    • 3 Beds
    • 1 Bath
    • 1,232 Sq Ft
    • 58911 Long Lake Rd
    • Colon, MI

    This waterfront home is a must see! This home has been updated and offers an eat in kitchen that is open to the living room. On rainy days stay cozy with the electric fireplace. Main floor master bedroom, bath and laundry. Two large bedrooms upstairs offer a lot of extra space for guests. Full basement to store all the lake toys! Relax on the deck that overlooks the water or enjoy the view by the

    Amy Barkby Sunny Rae Realty, LLC

    Section Image
  • 31908 Decker Rd, Colon, MI 49040

    $265,000

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • 31908 Decker Rd
    • Colon, MI

    This recently updated 2-bed, 1-bath home features 60' of private frontage on all-sports Palmer Lake with access to Long Lake-over 700 acres of water fun! Updates include new roof, siding, flooring, and a full laundry room. Enjoy stunning views, 2 piers for all of your lake toys (left in year-round) & room to sleep 14 comfortably. Ideal for fishing, boating, swimming, or relaxing in the quiet,

    Stacy Schwenk RE/MAX Elite Group

    Section Image

Range of Values:

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

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

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

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20027387

Southwestern Michigan Association of REALTORS®

APN: 002-090-024-00