NOT LISTED FOR SALE

59196 Lakeshore Dr Colon, MI 49040

Estimated Value: $240,000 - $265,000

2 Beds
2 Baths
1,250 Sq Ft
$201/Sq Ft Est. Value

Sale Details

Date Sold: December 6, 2023

Last sale price $217,000 $174 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,778 / mo

79 Days on Market

Highlights

  • Private Waterfront
  • Property fronts a channel
  • Recreation Room
  • Docks
  • Fruit Trees
  • Sun or Florida Room

About This Home

As of December 2023

Move right into this updated 2 BR 2 full bath lakefront home or use it as an Airbnb! Located on the channel between 2 great little lakes; Palmer Lake is 444 acres & 42 ft deep, known for it's sandy bottom & excellent Bass fishing. Long Lake is 222 acres, 32 ft deep also great fishing & has a sandbar if you feel like socializing. Home is located in Beautiful Amish Country just outside of quaint little town of Colon, the Magic Capital of the World. Kitchen is completely updated with new cabinets ,beautiful granite countertops, new ss refrigerator, dishwasher & microwave. New ceramic tile walk-in shower & vanity in one of the baths. Boat lift w/cover & dock included. New Washer & dryer. Fresh paint inside & out. Year round home with an updated natural gas furnace & central AC.

Last Agent to Sell the Property

Joani Foster

Five Star Real Estate Listed on: 08/09/2023

Last Buyer's Agent

Avery Smith

The Collective Home Group License #6501450082

The Collective Home Group

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,454

Year Built

  • Built in 1935

Lot Details

  • 4,487 Sq Ft Lot
  • Lot Dimensions are 45 x 100
  • Property fronts a channel
  • Private Waterfront
  • 34 Feet of Waterfront
  • Fruit Trees
  • Garden

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 1,250 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Recreation Room
  • Sun or Florida Room
  • Laminate Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Laundry in Bathroom

Outdoor Features

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Community Details

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,454

Year Built

Built in 1935

Lot Details

4,487 Sq Ft Lot

HOA Fees

$2 per month

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1935
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 179.92
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 45 x 100
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1250.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 3454.0
  • 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
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Natural Gas: Yes
  • Waterfront Options:Water Frontage3: 34.0
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • General Property Info:Fireplace: No
  • Driveway:Gravel: Yes
  • Substructure:Slab: Yes
  • Appliances Microwave: Yes
  • Water Heater:Natural Gas4: Yes
  • Landscape:Fruit Trees: Yes
  • Landscape:Flower Garden: Yes
  • General Property Info:SqFt Above Grade: 1250.0
  • Laundry Features Main Level: Yes
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Flooring:Laminate Floor: Yes
  • Other Structures:Storage Shed: Yes
  • Remarks Misc: Public Remarks: Move right into this updated 2 BR 2 full bath lakefront home or use it as an Airbnb! Located on the channel between 2 great little lakes; Palmer Lake is 444 acres & 42 ft deep, known for it's sandy bottom & excellent Bass fishing. Long Lake is 222 acres, 32 ft deep also great fishing & has a sandbar if you feel like socializing. Home is located in Beautiful Amish Country just outside of quaint little town of Colon, the Magic Capital of the World. Kitchen is completely updated with new cabinets ,beautiful granite countertops, new ss refrigerator, dishwasher & microwave. New ceramic tile walk-in shower & vanity in one of the baths. Boat lift w/cover & dock included. New Washer & dryer. Fresh paint inside & out. Year round home with an updated natural gas furnace & central AC.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Flooring: Laminate
  • Interior Amenities: Broadband, Garage Door Opener, Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Slab
  • LivingArea: 1250.0
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Laundry Features:In Bathroom: Yes

Exterior Features

  • Construction Materials: Aluminum Siding, Wood Siding
  • List Price: 224900.0
  • Other Structures: Shed(s)
  • Patio and Porch Features: 3 Season Room
  • Roof: Composition
  • Water Body Name: Palmer Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Features 3 Season Room: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Bathroom, Main Level
  • Sewer: Septic Tank
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association Amenities: Playground
  • Association Fee: 25.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Association Info:Approx Assoc Fee2: 25.0
  • Water Fea Amenities:Private Frontage: Yes
  • Association Info:Assoc Fee Payable: Annually
  • Assoc Amenities:Playground: Yes
  • Water Fea Amenities:Dock: Yes
  • Water Fea Amenities:Channel: Yes

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Dimensions: 45 x 100
  • Lot Size Sq Ft: 4487.0

Tax Info

  • Tax Annual Amount: 3454.0
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2023
Closed on
Dec 6, 2023
Sold by
Bought by
Seller's Agent
Joani Foster
Five Star Real Estate
Buyer's Agent
Avery Smith
The Collective Home Group
List Price
$249,900
Sold Price
$217,000
Premium/Discount to List
-$32,900
-13.17%
Views
329
Current Estimated Value
$250,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,686
Avg. Annual Appreciation
5.45%
Original Mortgage
$183,000
Interest Rate
7.29%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 26, 2023
Closed on
Feb 27, 2023
Sold by
Bought by
Seller's Agent
Suzanne Scott
Chuck Jaqua, REALTOR
Buyer's Agent
Joani Foster
Five Star Real Estate
List Price
$175,000
Sold Price
$175,000
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.23%
Original Mortgage
$140,000
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 9, 2020
Closed on
Aug 6, 2020
Sold by
Bought by
Seller's Agent
Mary Rosenberry
Berkshire Hathaway HomeServices Michigan Real Estate
Buyer's Agent
Suzanne Scott
Chuck Jaqua, REALTOR
List Price
$115,000
Sold Price
$110,000
Premium/Discount to List
-$5,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.89%

Purchase Details

Closed on
Jan 1, 1901
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$217,000 None Listed On Document
$175,000 Chicago Title
$110,000 None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $179,000
Closed $183,000
Previous Owner $140,000
Previous Owner $63,870
Previous Owner $76,800
Previous Owner $10,000
Previous Owner $70,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/06/2023 12/06/23 Sold $217,000 -3.5% $174 / Sq Ft
10/27/2023 10/27/23 Pending -- -- --
10/21/2023 10/21/23 Price Changed $224,900 -0.4% $180 / Sq Ft
10/03/2023 10/03/23 Price Changed $225,900 -1.7% $181 / Sq Ft
09/06/2023 09/06/23 Price Changed $229,900 -4.2% $184 / Sq Ft
08/19/2023 08/19/23 Price Changed $239,900 -4.0% $192 / Sq Ft
08/09/2023 08/09/23 For Sale $249,900 +42.8% $200 / Sq Ft
02/27/2023 02/27/23 Sold $175,000 0.0% $140 / Sq Ft View Prior Sale
01/28/2023 01/28/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $175,000 +59.1% $140 / Sq Ft
08/06/2020 08/06/20 Sold $110,000 -4.3% $88 / Sq Ft View Prior Sale
06/23/2020 06/23/20 Pending -- -- --
06/09/2020 06/09/20 For Sale $115,000 -- $92 / Sq Ft
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,806 $115,700 $33,400 $82,300
2025 $1,078 $103,800 $28,600 $75,200
2024 $1,048 $98,700 $28,600 $70,100
2023 $3,513 $83,100 $23,900 $59,200
2022 $0 $71,600 $22,300 $49,300
2021 $0 $67,800 $22,300 $45,500
2020 $0 $67,800 $22,300 $45,500
2019 $535 $61,400 $22,300 $39,100
2018 $1,596 $55,400 $17,500 $37,900
2017 $1,328 $55,700 $55,700 $0
2016 -- $56,600 $56,600 $0
2015 -- $54,900 $0 $0
2014 -- $52,300 $52,300 $0
2012 -- $55,000 $55,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 23028867

MichRIC

APN: 002-180-108-00

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