NOT LISTED FOR SALE

737 Elm St Colon, MI 49040

Estimated Value: $390,000 - $494,000

3 Beds
2 Baths
1,804 Sq Ft
$255/Sq Ft Est. Value

Last Sold June 08, 2018

Last sale price $320,000 $177 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,002/month

5 Days on Market

Highlights

  • Boathouse
  • Docks
  • Recreation Room
  • Private Waterfront
  • Deck
  • Traditional Architecture

About This Home

As of June 2018

Just in time for summer! Own your own 100 feet of frontage on 444 acre, all spot, Palmer Lake plus an additional 222 acres on Long Lake (connected by channel). This home has been completely remodeled from top to bottom and offers panoramic views for your enjoyment year round. Just a little over 2 hours to Chicago, this home makes a perfect primary year round home or an excellent vacation retreat for those weekend getaways. The main level features an exceptionally large kitchen with an abundance of cabinet and counter space. A formal dining and living room plus a full bath and main floor laundry. Enjoy the views during dinner or step out onto the new trek deck and enjoy what Michigan summers are all about. Upstairs, you will find three large bedrooms with the master highlighting extraordinary views. There is tons of storage space for all your toys with a full, dry basement and an extra-deep two car garage that could easily accommodate a fishing boat plus two cars. Outside you can sit back on your large covered porch and feel like you have stepped back in time as Amish buggy's pass by. In addition to the large deck and covered porch, you can relax and enjoy the lake view in your own gazebo with a boat house below. Large aluminum dock and Jon boat included. Most major furniture is included leaving nothing to do but move in and enjoy. Come experience what The Magic Capital of the World is all about!!! Seller is licensed broker in the State of Michigan.

Last Agent to Sell the Property

Jodi Noble

Jaqua, REALTORS License #6501308903 Listed on: 04/29/2018

Jaqua, REALTORS

Last Buyer's Agent

Randy Sharp

RE/MAX Elite Group License #6502378082

RE/MAX Elite Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,905

Year Built

  • Built in 2001

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 100 x 132
  • Private Waterfront
  • 100 Feet of Waterfront

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,804 Sq Ft Home
  • 2-Story Property
  • Replacement Windows
  • Window Treatments
  • Living Room
  • Dining Area
  • Recreation Room
  • Laminate Flooring
  • Water Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Boathouse
  • Docks
  • Deck
  • Gazebo
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Softener is Owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,905

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 2001
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 100 x 132
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1804.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 7905.38
  • Waterfront Options:Water Access YN: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Windows:Replacement: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Waterfront Options:Water Frontage3: 100.0
  • General Property Info:Fireplace: No
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • General Property Info:SqFt Above Grade: 1804.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Flooring:Laminate Floor: Yes
  • Other Structures Boat House: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Flooring: Laminate
  • Interior Amenities: Garage Door Opener, Eat-in Kitchen, Pantry
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1804.0
  • Window Features: Replacement, Window Treatments
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 918.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Snack Bar: Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 325000.0
  • Other Structures: Boat House
  • Patio and Porch Features: Deck, 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
  • Driveway Paved: Yes
  • Exterior Features:Gazebo: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public

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: 0.29
  • Lot Size Area: 0.29
  • Lot Dimensions: 100 x 132
  • Lot Size Sq Ft: 12632.0

Tax Info

  • Tax Annual Amount: 7905.38
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2018
Closed on
Jun 8, 2018
Sold by
Solter Development Llc
Bought by
Taylor Joseph L and Taylor Jyce P
Seller's Agent
Jodi Noble
Jaqua, REALTORS
Buyer's Agent
Randy Sharp
RE/MAX Elite Group
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%
Current Estimated Value
$459,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,458
Avg. Annual Appreciation
5.07%
Original Mortgage
$256,000
Outstanding Balance
$221,397
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$238,061

Purchase Details

Closed on
Mar 18, 2017
Sold by
Solter Jan and Solter Bonnie
Bought by
Solter Development

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2017
Sold by
Solter Development
Bought by
Solter Jan H and Solter Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 25, 2013
Closed on
Oct 25, 2013
Sold by
Solter Jan and Solter Bonnie
Bought by
Solter Development
Seller's Agent
Gail Alexander
Michigan Lakes Real Estate Team
Buyer's Agent
Tami Koning
eXp Realty LLC
List Price
$260,000
Sold Price
$249,500
Premium/Discount to List
-$10,500
-4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%
Original Mortgage
$199,600
Interest Rate
4.58%
Mortgage Type
VA

Purchase Details

Listed on
Apr 25, 2013
Closed on
Sep 25, 2013
Sold by
Haack Gerald R and Haack Judy
Bought by
Johnson Scott M and Solter Jan H
Seller's Agent
Gail Alexander
Michigan Lakes Real Estate Team
Buyer's Agent
Tami Koning
eXp Realty LLC
List Price
$260,000
Sold Price
$249,500
Premium/Discount to List
-$10,500
-4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,600
Interest Rate
4.58%
Mortgage Type
VA

Purchase Details

Closed on
Jan 11, 2001
Sold by
Royer
Bought by
Haack Family Trust
Source: Public Records

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
Taylor Joseph L $320,000 Chicago Title Of Michigan
Solter Development -- Attorney
Solter Jan H -- None Available
Solter Development -- None Available
Johnson Scott M -- None Available
Haack Family Trust $182,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Joseph L $256,000
Previous Owner Solter Jan H $192,000
Previous Owner Johnson Scott M $199,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2018 06/08/18 Sold $320,000 -1.5% $177 / Sq Ft
05/04/2018 05/04/18 Pending -- -- --
04/29/2018 04/29/18 For Sale $325,000 +30.3% $180 / Sq Ft
10/15/2013 10/15/13 Sold $249,500 -4.0% $147 / Sq Ft View Prior Sale
10/11/2013 10/11/13 Pending -- -- --
04/25/2013 04/25/13 For Sale $260,000 -- $153 / 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 $6,787 $240,300 $82,200 $158,100
2024 $3,616 $222,700 $75,300 $147,400
2023 $6,488 $189,600 $65,000 $124,600
2022 $0 $163,800 $59,900 $103,900
2021 $0 $155,500 $59,900 $95,600
2020 $1,729 $157,400 $59,900 $97,500
2019 $1,323 $125,000 $41,100 $83,900
2018 $7,169 $124,400 $47,900 $76,500
2017 $7,498 $135,200 $135,200 $0
2016 -- $137,100 $137,100 $0
2015 -- $133,600 $0 $0
2014 -- $126,900 $126,900 $0
2012 -- $128,600 $128,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18017349

Southwestern Michigan Association of REALTORS®

APN: 041-160-009-00