$689,000
SOLD OCT 31, 2024

677 Lake Dr Coldwater, MI 49036

3 Beds
3.5 Baths
2,031 Sq Ft
0.6 Acres

Recently Sold

$339 Per Sq Ft

2% Below List Price

4 Days on Market

Highlights

  • Private Waterfront
  • Maid or Guest Quarters
  • 3 Car Detached Garage
  • Docks
  • Traditional Architecture
  • Eat-In Kitchen

About This Home

As of October 2024

Charming Lakefront 3-Bed, 3.5-Bath Home on Coldwater Lake with South Chain Access. This stunning 3-bedroom, 3.5-bathroom lakefront property is located on highly sought-after Coldwater Lake, with 125 feet of private lake frontage and direct access to the beautiful South Chain of Lakes. Currently operating as a profitable Airbnb, this home boasts an open-concept main floor perfect for entertaining. The kitchen features a large center island, flowing seamlessly into the living room with a cozy fireplace. A wall of windows in the family room showcases breathtaking views of the lake. The spacious primary bedroom on the main floor also offers incredible lake views, accompanied by a private full bath. Upstairs, you'll find two additional large bedrooms, along with a convenient half bath. Two more full baths are located on the main floor, providing ample space for guests. The oversized garage is perfect for parking and can also be used as a large entertainment area. Its finished upstairs currently sleeps 9, offering additional rental potential or guest accommodations. Across the road, enjoy 125 feet of private lake frontage with a sandy beach area, perfect for swimming. Your personal dock, ideal for boating or fishing, stays with the property, adding convenience and value. Plus, a short golf cart ride gives you easy access to the nearby Bella Vista Golf Course. This is lakefront living at its best, offering both comfort and adventure in a prime location!

Last Agent to Sell the Property

Grace Roberts Elevate Team

Michigan Top Producers License #6501416028 Listed on: 10/20/2024

Last Buyer's Agent

Stephanie Hall

Lake Homes Realty License #6506048801

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,314

Year Built

  • Built in 1940

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 135x194
  • Private Waterfront
  • 125 Feet of Waterfront
  • Shrub

Parking

  • 3 Car Detached Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,031 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Window Treatments
  • Garden Windows
  • Window Screens
  • Living Room with Fireplace
  • Dining Area
  • Water Views
  • Basement
  • Michigan Basement
  • Storm Windows

Kitchen

  • Eat-In Kitchen
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Maid or Guest Quarters

Laundry

  • Laundry on main level
  • Laundry in Bathroom
  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Docks
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned
  • High Speed Internet
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,314

Year Built

Built in 1940

Lot Details

0

Parking

3

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1940
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 135x194
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2031.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 5313.95
  • Waterfront Options:Water Access YN: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Waterfront Options:Water Frontage3: 125.0
  • Util Avail at Street:Cable2: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Substructure:Michigan Basement: Yes
  • Utilities Attached:High-Speed Internet: Yes
  • Windows:Storms: Yes
  • Additional Items:Guest Quarters: Yes
  • General Property Info:SqFt Above Grade: 2031.0
  • Laundry Features Main Level: Yes
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Flooring:Vinyl Floor: Yes
  • Flooring:Carpet Floor: Yes
  • Flooring:Tile Floor: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Garage Door Opener, Guest Quarters, Center Island, Eat-in Kitchen
  • Fireplace Features: Gas Log, Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Michigan Basement
  • LivingArea: 2031.0
  • Window Features: Storms, Screens, Garden Window, Window Treatments
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 450.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Kitchen Features:Center Island: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Garden Window: Yes
  • Laundry Features:In Bathroom: Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 699900.0
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Coldwater Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Garage: Yes
  • Parking Features: Garage Faces Side, Garage Door Opener, Detached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features:Detached2: Yes
  • Parking Features Garage Door Opener2: Yes
  • Parking Features:Garage Faces Side: Yes
  • General Property Info:Garage Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Bathroom, Main Level
  • Sewer: Public
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, High-Speed Internet
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

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

Lot Info

  • Lot Size Acres: 0.6
  • Lot Size Area: 0.6
  • Lot Dimensions: 135x194
  • Lot Size Sq Ft: 26136.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5313.95
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2022
Closed on
Jun 16, 2023
Sold by
Crane Richard K
Bought by
Edith Brand Holdings Llc
Seller's Agent
Darin Spieth
Spieth & Satow Auctions & Real Estate
Buyer's Agent
Anette Booth
Hauska Home and Farm
List Price
$675,000
Sold Price
$542,000
Premium/Discount to List
-$133,000
-19.7%
Views
78
Current Estimated Value
$690,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,188
Avg. Annual Appreciation
12.28%
Original Mortgage
$405,925
Outstanding Balance
$396,778
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$297,639

Purchase Details

Closed on
Aug 9, 2022
Sold by
Crane Ii Richard K
Bought by
Crane Olivia M

Purchase Details

Closed on
Jan 14, 2013
Sold by
Moss Shirlee A
Bought by
Crane Ii Richard K
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $542,900 None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $405,925 New Conventional
Previous Owner $35,000 Credit Line Revolving
Previous Owner $35,000 Credit Line Revolving
Previous Owner $35,000 Credit Line Revolving
Previous Owner $312,000 Unknown
Previous Owner $35,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2024 10/31/24 Sold $689,000 -1.6% $339 / Sq Ft
10/24/2024 10/24/24 Pending -- -- --
10/20/2024 10/20/24 For Sale $699,900 +29.1% $345 / Sq Ft
05/30/2023 05/30/23 Sold $542,000 -1.4% $267 / Sq Ft
04/21/2023 04/21/23 Pending -- -- --
03/15/2023 03/15/23 Price Changed $549,900 -2.7% $271 / Sq Ft
02/27/2023 02/27/23 Price Changed $564,900 -1.7% $278 / Sq Ft
12/01/2022 12/01/22 Price Changed $574,900 -4.0% $283 / Sq Ft
09/07/2022 09/07/22 Price Changed $599,000 -11.3% $295 / Sq Ft
05/23/2022 05/23/22 For Sale $675,000 -- $332 / 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 $13,528 $318,212 $0 $0
2024 $3,128 $289,791 $0 $0
2023 $1,672 $223,363 $0 $0
2022 $4,577 $196,160 $0 $0
2021 $4,828 $189,079 $0 $0
2020 -- $196,444 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24055281

Southwestern Michigan Association of REALTORS®

APN: 110-E10-000-001-99