NOT LISTED FOR SALE

59418 Lakeshore Dr Colon, MI 49040

Estimated Value: $223,000 - $288,000

3 Beds
1.5 Baths
1,516 Sq Ft
$165/Sq Ft Est. Value

Last Sold July 20, 2020

Last sale price $175,000 $115 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,497/month

93 Days on Market

Highlights

  • Private Waterfront
  • Property fronts a channel
  • Deck
  • Docks
  • Fruit Trees
  • Recreation Room

About This Home

As of July 2020

Immaculate updated cottage on Palmer Lake. Over 1400 sq ft of living space with this incredibly cute ranch walkout. Newer roof, newer furnace with central air and newer wood floors. Newer appliances. Nice lower level walkout to water. Walk around deck/porch overlooking lake. Lower level has full kitchen, 1/2 bath, and bar area. Faces west for those sunsets over the water. A move in Lake retreat. Furnishings available.

Last Agent to Sell the Property

Randy Sharp

RE/MAX Elite Group License #6502378082 Listed on: 03/03/2020

RE/MAX Elite Group

Last Buyer's Agent

Nic Sharp

RE/MAX Elite Group T.R. License #6501407480

RE/MAX Elite Group T.R.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,584

Year Built

  • Built in 1970

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 53.9x85
  • Property fronts a channel
  • Private Waterfront
  • 53 Feet of Waterfront
  • Fruit Trees

Parking

  • Unpaved Driveway

Home Design

  • Cabin
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,516 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling Fan
  • Window Treatments
  • Bay Window
  • Living Room
  • Dining Area
  • Recreation Room
  • Water Views
  • Walk-Out Basement

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Washer

Outdoor Features

  • Docks
  • Deck
  • Patio
  • Porch

Utilities

  • Humidifier
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Septic System
  • Phone Available
  • Cable TV Available

Community Details

  • Property has a Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,584

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Cabin
  • Stories: 1
  • Year Built: 1970
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 53.9x85
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1516.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 2584.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Waterfront Options:Water Frontage3: 53.0
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: No
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Substructure:Walk Out: Yes
  • Additional Items:Humidifier: Yes
  • Water Heater:Natural Gas4: Yes
  • Windows:BayBow: Yes
  • Landscape:Fruit Trees: Yes
  • Additional Items:Wet Bar: Yes
  • General Property Info:SqFt Above Grade: 816.0
  • General Property Info Garage YN: No
  • Architectural Style Cabin: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Humidifier, Wet Bar, Pantry
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Walk-Out Access
  • LivingArea: 1516.0
  • Window Features: Bay/Bow, Window Treatments
  • General Property Info:Stories2: 1.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features Pantry: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 194900.0
  • Patio and Porch Features: Deck, Patio, Porch(es)
  • 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
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Cable Connected
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association Amenities: Cable TV
  • Association: Yes

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:Private Frontage: Yes
  • Water Fea Amenities:Public Access 1 Mile or Less: Yes
  • Water Fea Amenities:View: Yes
  • Assoc Amenities:Cable TV: 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: 53.9x85
  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2584.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2020
Closed on
Jul 20, 2020
Sold by
Otormbke Witold and Otormbke Elizabeth
Bought by
Alford Sonya and Walters Kimberly J
Seller's Agent
Randy Sharp
RE/MAX Elite Group
Buyer's Agent
Nic Sharp
RE/MAX Elite Group T.R.
List Price
$199,900
Sold Price
$175,000
Premium/Discount to List
-$24,900
-12.46%
Current Estimated Value
$249,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,391
Avg. Annual Appreciation
6.36%
Original Mortgage
$148,750
Outstanding Balance
$133,876
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$106,794

Purchase Details

Closed on
Jun 30, 2008
Sold by
Johnston Karen S
Bought by
Otrombke Witold and Otrombke Elizabeth

Purchase Details

Closed on
Jun 1, 1997
Source: Public Records

Range of Values:

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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
Alford Sonya $175,000 Oak Title Services Llc
Otrombke Witold $124,000 Patrick Abstract & Title Off
-- $44,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alford Sonya $148,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2020 07/20/20 Sold $175,000 -12.5% $115 / Sq Ft
06/04/2020 06/04/20 Pending -- -- --
03/03/2020 03/03/20 For Sale $199,900 -- $132 / 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 $2,159 $96,800 $31,800 $65,000
2024 $774 $92,400 $31,800 $60,600
2023 $2,054 $77,700 $26,500 $51,200
2022 $0 $67,400 $24,700 $42,700
2021 $0 $64,000 $24,700 $39,300
2020 $0 $64,100 $24,700 $39,400
2019 $558 $58,500 $24,700 $33,800
2018 $2,587 $51,600 $19,400 $32,200
2017 $2,301 $51,900 $51,900 $0
2016 -- $52,700 $52,700 $0
2015 -- $51,200 $0 $0
2014 -- $49,000 $49,000 $0
2012 -- $51,300 $51,300 $0
Source: Public Records

Agents Affiliated with this Home

  • Randy Sharp

    Seller's Agent in 2020

    Randy Sharp

    RE/MAX Michigan

    (269) 432-3824

    225 Total Sales

    Randy Sharp
    Section Image
  • Nic Sharp

    Buyer's Agent in 2020

    Nic Sharp

    RE/MAX Michigan

    (269) 330-6808

    86 Total Sales

    Nic Sharp
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19019064

Southwestern Michigan Association of REALTORS®

APN: 002-180-047-00

Michigan St. Joseph County Colon 49040

59418 Lakeshore Dr, Colon, MI

This home is located at 59418 Lakeshore Dr, Colon, MI 49040 since 03 March 2020 and is currently estimated at $249,391, approximately $164 per square foot. This property was built in 1970. 59418 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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