NOT LISTED FOR SALE

59774 Farrand Rd Colon, MI 49040

Estimated Value: $318,000 - $391,000

3 Beds
1 Bath
1,920 Sq Ft
$186/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $297,000 $155 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,090/month

Highlights

  • 41 Acre Lot
  • Farmhouse Style Home
  • 2 Car Attached Garage
  • Wooded Lot
  • Sun or Florida Room
  • Living Room

About This Home

As of September 2019

41 mostly wooded acres near Colon. 40x60 pole barn with nearly 2000 sq. ft of living space in this farm home. Awesome 3 season room off main floor. Some tillable acres. Hunting is outstanding. Delayed possession required.

Last Listed By

Randy Sharp

RE/MAX Elite Group License #6502378082 Listed on: 07/30/2019

RE/MAX Elite Group

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $990

Year Built

  • Built in 1959

Lot Details

  • 41 Acre Lot
  • Decorative Fence
  • Wooded Lot
  • Garden

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Unpaved Driveway

Home Design

  • Farmhouse Style Home
  • Farm
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,920 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Replacement Windows
  • Living Room
  • Dining Area
  • Sun or Florida Room
  • Walk-Out Basement

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heating System Powered By Owned Propane
  • Propane
  • Well
  • Natural Gas Water Heater
  • Septic System
  • Phone Available
  • Cable TV Available

Property Details

Property Type

Other

Est. Annual Taxes

$990

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Farm
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1959
  • ResoPropertyType: Residential
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Farm House: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Range, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, LP Tank Owned
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Walk-Out Access
  • LivingArea: 1920.0
  • Window Features: Replacement
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: 3 Season Room
  • List Price: 329900.0
  • Lot Features: Wooded
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 41.0
  • Lot Size Area: 41.0
  • Lot Dimensions: irregular
  • Lot Size Sq Ft: 1785960.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 990.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2024
Sold by
Schwartz Emanul and Schwartz Mary Kay
Bought by
Borkholder Leon
Total Days on Market
0
Current Estimated Value
$356,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$174,106
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$170,718

Purchase Details

Listed on
Jul 30, 2019
Closed on
Sep 30, 2019
Sold by
Emmel Sharon E
Bought by
Schwarts Emanul and Schwarts Mary Kay
Seller's Agent
Randy Sharp
RE/MAX Elite Group
Buyer's Agent
Randy Sharp
RE/MAX Elite Group
List Price
$329,900
Sold Price
$297,000
Premium/Discount to List
-$32,900
-9.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.70%
Original Mortgage
$232,000
Interest Rate
3.4%

Purchase Details

Closed on
Jan 19, 2015
Sold by
Emmel Sharon E and Emmel George W
Bought by
Revocable Trust Agreement Of Sharon E Em

Range of Values:

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Average Value
Not Available
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
Borkholder Leon $350,000 Patrick Abstract & Title
Schwarts Emanul $297,000 Oak Title Services Llc
Revocable Trust Agreement Of Sharon E Em -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borkholder Leon $175,000
Previous Owner Schwarts Emanul $232,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2019 09/30/19 Sold $297,000 -10.0% $155 / Sq Ft
07/30/2019 07/30/19 Pending -- -- --
07/30/2019 07/30/19 For Sale $329,900 -- $172 / 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 $1,363 $140,000 $56,800 $83,200
2023 $3,614 $134,000 $56,800 $77,200
2022 $0 $116,400 $56,800 $59,600
2021 $0 $114,300 $56,800 $57,500
2020 $0 $117,500 $56,800 $60,700
2019 $368 $106,800 $56,000 $50,800
2018 $993 $102,400 $56,000 $46,400
2017 $915 $111,200 $111,200 $0
2016 -- $108,000 $108,000 $0
2015 -- $105,400 $0 $0
2014 -- $106,900 $106,900 $0
2012 -- $106,200 $106,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19035924

Southwestern Michigan Association of REALTORS®

APN: 002-022-004-00