$249,500
SOLD OCT 15, 2013

737 Elm St Colon, MI 49040

3 Beds
2 Baths
1,700 Sq Ft
0.29 Acres

Recently Sold

$147 Per Sq Ft

4% Below List Price

169 Days on Market

About This Home

As of June 2018

Fantastic 3 bedroom home with 100 feet lake frontage on all sport 444 acre Palmer Lake, Colon. $260,000. Totally rebuilt in 2001. Very charming home in a quaint area. Walk or bike to town in a few minutes to enjoy the ice cream parlor, pizza place and magic shop. A real old town feel. Charming, laid back and peaceful. Wonderful porch to spend you summer afternoons, Large rooms and gorgeous gazebo overlooks lake. Boat storage underneath. You may also want to see house right next door for sale by same owners. #13022419

Last Agent to Sell the Property

Gail Alexander

Michigan Lakes Real Estate Team License #6502349162 Listed on: 04/25/2013

Last Buyer's Agent

Tami Koning

eXp Realty LLC License #6501370392

eXp Realty LLC

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,616

Year Built

2001

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2001
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Microwave, Range, Refrigerator
  • Interior Amenities: Water Softener/Owned
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • LivingArea: 1700.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 260000.0
  • Road Surface Type: Paved
  • Topography: {"Level":true}
  • Water Body Name: Palmer Lake
  • Waterfront Features: All Sports, Dock, Private Frontage
  • Waterfront: Yes

Garage/Parking

  • Garage: Yes

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
Chuck Jaqua, REALTOR
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
$431,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,660
Avg. Annual Appreciation
4.27%
Original Mortgage
$256,000
Outstanding Balance
$223,705
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$207,955

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
4.75%
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

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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 $320,000 Chicago Title Of Michigan
Quit Claim Deed -- Attorney
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Deed -- None Available
Deed $182,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $256,000 New Conventional
Previous Owner $192,000 New Conventional
Previous Owner $199,600 VA
Previous Owner $75,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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: 13022441

Southwestern Michigan Association of REALTORS®

APN: 041-160-009-00