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Van Buren 49045
60680 Klett Drive
$425,000
● House - Off Market

60680 Klett Drive

Decatur, MI 49045
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,888 Ft²
$817,882
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model

About This Property

164 ft. of waterfront on KEELER LAKE. The lake life is waiting with this luxurious lake home. The main floor includes breathtaking panoramic views of the lake, cathedral ceilings, open concept kitchen and living room with wood burning fireplace, wood and ceramic flooring and a large screened porch. Entertaining guests will be effortless with 4 bedrooms, 3 bathrooms, a lakeside bar and extra recreation room with a wood burning stove and heated floors in the walk out basement. Many updates and amenities are included such as an outside shower, whole house water filtration system, large septic field (new in 2008), Berber carpet, and a sandy beach. Keeler lake is an all sports lake that is close to snowmobile trails and organizes many lake events such as a pub crawl and venetian night.
Unit Size
2,888 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$163
Property Type
House
Property Taxes
$595
HOA Dues
-
Year Built
2004

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 3 years ago (MichRIC MLS #15048231)

Price History

Date / Event Date Event Price
Sep 9, 2021 Sold
Premium
Sold
Jul 29, 2021 Listed by Cressy & Everett Real Estate $625,000
Listed by Cressy & Everett Real Estate
Mar 11, 2016 Sold
Premium
Sold
Sep 4, 2015 Listed by Cressy & Everett Real Estate $469,900
Listed by Cressy & Everett Real Estate
Sep 25, 1998 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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 Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,054
  • Garage Type: 7
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,604
  • Lot Size Depth Feet: 2,060
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,054
  • Building Area: 1,054
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,054
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAK GROVE POINT
  • Land Acres: 0000000473
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 587-A25 23-4-16 891-442 1197-221 LOTS 24 & 25. OAK GROVE POINT

Neighborhood

  • School District Name: Dowagiac Union Schools
  • School Tax School District: DOWAGIAC UNION
  • Census Tract: 011500

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 587-A25
  • District: 12
  • Parcel: 80-12-130-021-01
  • Lot: 24-25
  • Municipality: KEELER TWP
  • Latitude: 42.1032
  • Longitude: -86.1339

    Address

  • Full Address: 60680 Klett Dr
  • Address - House Number: 60680
  • Address - Street Name: Klett
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Decatur
  • Carrier Code: R002
  • 4-Digit Zip Code: 9049
  • Zip Code: 49045

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $264,476
  • Tax Rate Code Area: 80120

    Appraisal Valuation

  • Standard Deviation: 0.2182
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 756,158
  • High Value: 921,214
  • Low Value: 591,101

    Market Valuation

  • Market Total Value: $664,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $332,100

    Sales

  • Current Sale Contract Date: Aug 20, 2021
  • Current Sale Recording Date: Sep 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Mar 11, 2016
  • Previous Sale Contract Date: Mar 09, 2016
  • Previous Sale Amount: $425,000
  • Previous Sale Document Type: 71
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 Van Buren

Stats & Trends

Median Asking:

$329,000

Sale Price/ft²

$181

Below Asking

0.03%

Average Days on Market

56

Average Home Size

2043 ft²

Average Home Age

61.4 years

Currently For Sale

227 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

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MichRIC

Listed by: Shelly Myers, Cressy & Everett Real Estate
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 15048231
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 60680 Klett Drive built and last sold?
The property at 60680 Klett Drive was built in 2004 and last sold on Aug 20, 2021 for $620,000.
How much is this home worth?
The estimated value of the home located at 60680 Klett Drive is $619,413.
What are some comparable homes to 60680 Klett Drive?
There are currently no comparable homes to 60680 Klett Drive.
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