NOT LISTED FOR SALE

59106 Yeatter Rd Colon, MI 49040

Estimated Value: $229,866

3 Beds
1.5 Baths
1,250 Sq Ft
$184/Sq Ft Est. Value

Last Sold October 05, 2020

Last sale price $221,000 $177 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,322/month

Highlights

  • Private Waterfront
  • Traditional Architecture
  • Window Unit Cooling System
  • Deck
  • 1 Car Attached Garage
  • Living Room

About This Home

As of October 2020

Incredible opportunity to get on All-Sports Palmer Lake, which is 360 acres and just a short drive from Chicago or Detroit. This 3 bedroom, 1.5 bath cottage is extremely unique. The summer home sits on its own lot with current address(59106), and comes with a vacant(buildable) waterfront lot(59105) across the street. With 45' of waterfront, concrete step-down seawall, private boat launch; this property is sure to sell! The main level of the home is partial garage, mechanical, 1 bedroom and a half bath. The upper level boasts 2 bedrooms, full bath, kitchen, living and sunroom. A walkout balcony and so much more. Must see to appreciate!

Last Listed By

Craig Wittenberg

Berkshire Hathaway HomeServices Michigan Real Estate License #6506047110 Listed on: 08/03/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,997

Year Built

  • Built in 1970

Lot Details

  • 0.28 Acre Lot
  • Private Waterfront
  • 45 Feet of Waterfront

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,250 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Deck

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Window Unit Heating System
  • Well
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,997

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1970
  • ResoPropertyType: Residential
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Slab
  • LivingArea: 1250.0
  • Appliances Range: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 219900.0
  • Patio and Porch Features: Deck
  • Roof: Composition
  • Water Body Name: Palmer Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Wall Furnace
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:Private Frontage: Yes

Lot Info

  • Lot Size Acres: 0.28
  • Lot Size Area: 0.28
  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 12197.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2996.74
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Oct 5, 2020
Sold by
Bibbins David G
Bought by
Miglieri Denise S
Seller's Agent
Craig Wittenberg
Berkshire Hathaway HomeServices Michigan Real Estate
Buyer's Agent
Kathleen Earl
RE/MAX Elite Group
List Price
$219,900
Sold Price
$221,000
Premium/Discount to List
$1,100
0.5%
Current Estimated Value
$229,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,866
Avg. Annual Appreciation
0.39%
Original Mortgage
$176,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2015
Sold by
Bibbins David G and Bisbins Susan M
Bought by
Bibbins David G and David G Bibbins Revocable Trust

Purchase Details

Closed on
Jan 1, 1901

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
Miglieri Denise S $221,000 None Available
Bibbins David G -- None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miglieri Denise S $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2020 10/05/20 Sold $221,000 +0.5% $177 / Sq Ft
08/03/2020 08/03/20 For Sale $219,900 -- $176 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
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 $576 $70,600 $5,700 $64,900
2023 $2,465 $64,100 $5,700 $58,400
2022 $0 $50,100 $5,700 $44,400
2021 $0 $47,600 $5,700 $41,900
2020 $0 $48,400 $4,600 $43,800
2019 $332 $41,500 $4,600 $36,900
2018 $1,503 $37,200 $4,600 $32,600
2017 $1,369 $38,000 $38,000 $0
2016 -- $36,000 $36,000 $0
2015 -- $33,000 $0 $0
2014 -- $29,500 $29,500 $0
2012 -- $29,100 $29,100 $0
Source: Public Records

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Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20026647

Southwestern Michigan Association of REALTORS®

APN: 002-120-022-00