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Branch 49036
147 Lakeshore Drive
$430,000
● House - Off Market

147 Lakeshore Drive

Coldwater, MI 49036
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,778 Ft²
$450,754
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Lake Living on 100' of beautiful lake frontage on Archer Lake!   This 3 bedroom, 2 bath year around lake home has over 1,700 square feet of living space.  Sliding glass doors provide an amazing view of the lake and you will enjoy lots of family fun on your large private deck.  Spacious eat-in kitchen with ample cupboards and snack bar.  Separate formal dining room or possibly a 4th bedroom.  Large living room and newer carpet and flooring through-out.  Don't forget the 2 car attached garage and shed for storing your lake toys!  Call today for your personal showing!
Unit Size
1,778 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$253
Property Type
House
Property Taxes
$196
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (MichRIC MLS #23017974)

Price History

Date / Event Date Event Price
Jun 30, 2023 Sold
Premium
Sold
May 30, 2023 Listed by Hauska Home and Farm $450,000
Listed by Hauska Home and Farm

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE LAND BAY
  • Land Acres: 0000000340
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 30 LAKE LAND BAY SEC 7 T7S R5W

Neighborhood

  • School District Name: Quincy Community School District
  • School Tax School District: COLDWATER
  • Census Tract: 950900

Geography

  • District: 120
  • Parcel: 120-L10-000-030-00
  • Lot: 30
  • Meridian: SEC 07 TWN 07S RNG 05W
  • Municipality: ALGANSEE TWP
  • Latitude: 41.8812
  • Longitude: -84.9243

    Address

  • Full Address: 147 Lakeshore Dr
  • Address - House Number: 147
  • Address - Street Name: Lakeshore
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Coldwater
  • Carrier Code: R004
  • 4-Digit Zip Code: 9422
  • Zip Code: 49036

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $84,033
  • Tax Rate Code Area: 120

    Appraisal Valuation

  • Standard Deviation: 0.2305
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 68
  • Final Value: 407,968
  • High Value: 502,028
  • Low Value: 313,908

    Market Valuation

  • Market Total Value: $352,066

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $176,033

    Sales

  • Current Sale Contract Date: Jun 22, 2023
  • Current Sale Recording Date: Jun 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3607
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Branch

Stats & Trends

Median Asking:

$249,900

Sale Price/ft²

$164

Below Asking

0.03%

Average Days on Market

60

Average Home Size

2018 ft²

Average Home Age

63.4 years

Currently For Sale

116 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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MichRIC

Listed by: Jami Lind, Hauska Home and Farm
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 23017974
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 147 Lake Shore Drive built and last sold?
The property at 147 Lake Shore Drive was built in and last sold on Jun 22, 2023 for $430,000.
How much is this home worth?
The estimated value of the home located at 147 Lake Shore Drive is $0.
What are some comparable homes to 147 Lake Shore Drive?
There are currently no comparable homes to 147 Lake Shore Drive.
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