NOT LISTED FOR SALE

59074 Lakeshore Dr Colon, MI 49040

Estimated Value: $207,000 - $345,000

2 Beds
1 Bath
728 Sq Ft
$346/Sq Ft Est. Value

Last Sold October 26, 2018

Last sale price $140,000 $192 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,672/month

50 Days on Market

Highlights

  • Private Waterfront
  • Deck
  • Eat-In Kitchen
  • A-Frame, Dome or Log Home
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of October 2018

This charming two-bedroom, one-bath, 728-square-foot year-round home on a double lot with 100 feet of frontage on Palmer Lake and two private docks comes with most of its furnishings and equipment (see list in MLS). It has a loft with sleeping area, beautiful pine floors, vaulted ceiling with exposed beams, and knotty pine paneling throughout. A large deck spans the front of the home with an on-deck bar facing the sunset and a gas fire circle. The deck leads indoors to a sun room and large living room, both with abundant windows for lake views, and a kitchen with bar seating. Outside are a broad lawn to the lakeshore, a spacious side yard, and an over-sized one-car garage with a separate storage room.

Last Agent to Sell the Property

Paul Delano

Lake Life Realty License #650 237 5486 Listed on: 07/19/2018

Last Buyer's Agent

Kathy Earl

Davis & Davis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,788

Year Built

  • Built in 1962

Lot Details

  • 10,018 Sq Ft Lot
  • Private Waterfront
  • 100 Feet of Waterfront
  • Shrub
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • A-Frame, Dome or Log Home
  • Log Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • 728 Sq Ft Home
  • 1-Story Property
  • Partial Basement
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • Deck

Utilities

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

Community Details

  • Property has a Home Owners Association
  • Association fees include snow removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,788

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Log Home
  • Stories: 1
  • Year Built: 1962
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 100*97
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 728.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 2788.0
  • Waterfront Options:Water Access YN: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Lot Description:Level: Yes
  • Utilities Attached:Natural Gas: Yes
  • Waterfront Options:Water Frontage3: 100.0
  • Roofing:Metal: Yes
  • General Property Info:SqFt Above Grade: 728.0
  • General Property Info Garage YN: Yes
  • Architectural Style Log Home: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Partial
  • LivingArea: 728.0
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes

Exterior Features

  • Construction Materials: Log
  • List Price: 149900.0
  • Lot Features: Level
  • Patio and Porch Features: Deck
  • Roof: Metal
  • Water Body Name: Palmer Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Log: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Connected
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association Fee: 35.0
  • Association: Yes

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Association Info:Approx Assoc Fee2: 35.0
  • Water Fea Amenities:Private Frontage: Yes

Fee Information

  • Association Fee Includes: Snow Removal

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Dimensions: 100*97
  • Lot Size Sq Ft: 10018.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2788.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2018
Closed on
Oct 5, 2018
Sold by
Seyller Mark and Seyller Rebecca
Bought by
Landess Mark S and Landess Doreen F
Seller's Agent
Paul Delano
Lake Life Realty
Buyer's Agent
Kathy Earl
Davis & Davis Real Estate
List Price
$154,900
Sold Price
$140,000
Premium/Discount to List
-$14,900
-9.62%
Current Estimated Value
$251,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,567
Avg. Annual Appreciation
8.32%
Original Mortgage
$80,000
Outstanding Balance
$70,055
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$172,407

Purchase Details

Closed on
Apr 9, 2009
Sold by
Seyller Mark D and Seyller Rebecca A
Bought by
Seyller Mark and Seyller Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,200
Interest Rate
5.19%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 26, 2006
Sold by
Seyller Mark D and Seyller Rebecca A
Bought by
Seyller Mark D and Seyller Rebecca A

Purchase Details

Closed on
Aug 9, 2004
Sold by
Speelman William P and Speelman Betty Jo
Bought by
Seyller Mark D and Seyller Rebecca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

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
Landess Mark S -- Fidelity Natl Title Co Llc
Seyller Mark -- Meridian Title Corporation
Seyller Mark D -- Meridian Title Corporation
Seyller Mark D -- None Available
Seyller Mark D $117,000 Chicago Title
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landess Mark S $80,000
Previous Owner Seyller Mark D $8,500
Previous Owner Seyller Mark D $94,200
Previous Owner Seyller Mark D $93,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2018 10/26/18 Sold $140,000 -9.6% $192 / Sq Ft
09/07/2018 09/07/18 Pending -- -- --
07/19/2018 07/19/18 For Sale $154,900 -- $213 / 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 $3,741 $96,600 $63,600 $33,000
2024 $831 $93,900 $63,600 $30,300
2023 $3,561 $78,800 $53,000 $25,800
2022 $0 $71,000 $49,500 $21,500
2021 $0 $69,400 $49,500 $19,900
2020 $0 $69,600 $49,500 $20,100
2019 $708 $66,900 $49,500 $17,400
2018 $2,826 $56,500 $38,900 $17,600
2017 $2,531 $56,800 $56,800 $0
2016 -- $57,200 $57,200 $0
2015 -- $56,500 $0 $0
2014 -- $55,400 $55,400 $0
2012 -- $56,700 $56,700 $0
Source: Public Records

Agents Affiliated with this Home

  • Paul Delano

    Seller's Agent in 2018

    Paul Delano

    Lake Life Realty

    (269) 445-8877

    345 Total Sales

    Paul Delano
    Section Image

  • K

    Buyer's Agent in 2018

    Kathy Earl

    Davis & Davis Real Estate

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18034221

Southwestern Michigan Association of REALTORS®

APN: 002-180-146-00

Michigan St. Joseph County Colon 49040

59074 Lakeshore Dr, Colon, MI

This home is located at 59074 Lakeshore Dr, Colon, MI 49040 since 19 July 2018 and is currently estimated at $251,567, approximately $345 per square foot. This property was built in 1962. 59074 Lakeshore Dr is a home located in St. Joseph County.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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