3 months on rocket

307 Colonial Ln, Algonac, MI, 48001

$399,750

Home List Price

$4,747*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,415 SqFt
$166/SqFt
House

Location

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307 Colonial Ln, Algonac$399,750

Buyer Closing Credits

$4,747*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1900
HeatingNatural Gas, Baseboard, Hot Water
CoolingCeiling Fan(s), Window Unit(s)
FireplaceGas Fireplace
MLS #50154496
Lot Size0.63 Acres
StatusActive

About 307 Colonial Ln

Drastic price reduction Seller must sell to settle estate. Make your offer today. North Algonac, Vintage 1900's home crafted with old world charm is located on a 144' x 189' corner lot. The home was built and owned by The Smith Family - the founders of Chris Craft Boat Company and Crafters of many high end boats and located in the Algonac Area. The English Craftmanship both inside and outside make this a very unique home. The formal dining room has custom built in cabinetry and opens to a hallway graced by a curved crafted front door and a half bath. Off the hall you will walk into the the family room with a unique stone fireplace and go through to the living room which features another unique stone fireplace. Circling back around to the hallway you can approach the cozy kitchen with a snack bar and breakfast nook, and you will also find a well placed laundry room with washer and dryer, laundry shoot from upstairs and a laundry sink. Through the laundry is an office or den that has a gas fireplace and side door access to fenced in area for a pet or littles. This room also opens to 2 storage areas. The mechanical room near this area contains GHWBB furnace and H2O. Heading back to the main hall we'll head upstairs to the 4 bedrooms and 2 full baths. Going up and heading left you will enter the private hall holding the Primary bedroom and 3/4 bath and a built in closet with cupboards and drawers. Now we head around to the other side of the landing and find another hall with a large storage cabinet with drawers, a full bath and a large bedroom featuring hardwood floors, a walk in cedar closet. Also in this area is another bedroom with built in drawers and hardwood floors. The 4th bedroom has hardwood floors and would make a great flex room for a sewing room or office. The Plaster and stucco was done by European artisans. This home has a vented crawl space, newer windows in most of the home, and has a garden shed, yard barn, many flower beds and a paved driveway.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Stories: 2
  • Living Area: 2,415 SqFt

Listing Office:

  • Office Name: Real Estate One Westrick-Marine City
  • Office Phone: (810) 765-8861
  • Listing Agent: Wynne Achatz

Interior Features

Interior Information:

  • Appliances: Dryer, Range, Oven, Refrigerator, Washer
  • Basement: No
  • Interior: Hardwood Floors
  • Fireplace: Gas Fireplace

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.63 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Baseboard, Hot Water
  • Cooling: Ceiling Fan(s), Window Unit(s)

School Info

School District Information:

  • School District: Algonac Community School District

Other

Directions Information:

  • Directions: Corner Colonial Lane and River Road before going into downtown Algonac

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,750
  • Price Per SqFt: $166/SqFt

Tax Information:

  • Annual Amount: $2,888
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Algonac, MI.

Med. Sold Price

$200K

Med. Price/SqFt

$183

Avg. Days On Market

23

# of Sold Homes

6

307 Colonial Ln vs Algonac

106 DAYS ON ROCKET

+83 Days

$399,750

+$199.7K More

$166/SqFt

-$18 Less

KEY TAKEAWAY

This property is $199.7K more than the Median Sold Price and $18/SqFt less than other homes in Algonac, MI.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Name: MiRealSource
  • MLS Number: #50154496

Listing Office:

  • Office Name: Real Estate One Westrick-Marine City
  • Office Phone: (810) 765-8861
  • Listing Agent: Wynne Achatz

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 6:21:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,888$97,400
2019$2,888$85,900
2018$2,832$76,500
2017$2,673$73,000

History based on county public records data.

Payment Calculator

$2,063

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,265

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-902434
5
/10
  • Algonquin Elementary School

  • 9185 Marsh Rd

  • 1.20 miles

  • Public Magnet Grades 2-6

school-card-donut-902435
5
/10
  • Belle River Elementary School

  • 1601 Chartier Rd

  • 5.53 miles

  • Public Magnet Grades KG-5

school-card-donut-902436
6
/10
  • Palms Elementary School

  • 6101 Palms Rd

  • 8.45 miles

  • Public Magnet Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,762. The most common annual income of people living in Algonac, MI is between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 307 Colonial Ln

What is the listing price of this property?

The listing price of 307 Colonial Ln property is $399,750.

What type of property is this?

The property 307 Colonial Ln is a house located in Algonac, Michigan, 48001.

Is this property for sale now?

Active Listing: 307 Colonial Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,888 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 307 Colonial Ln has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 307 Colonial Ln is 2,415 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 307 Colonial Ln is 1900.

Rocket HomesMichiganSaint Clair CountyAlgonac48001307 Colonial Ln

This home is located at 307 Colonial Ln in Algonac, MI and zip code 48001. This 2,415 square foot home, which was built in 1900, sits on a 0.63 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $399,750.

Over 1 listings were sold over their listed price in November 2024 in Algonac, MI. In the same period over 3 listings were sold below the listed price and 2 listings were sold for the listed price. The number of homes for sale in Algonac, MI decreased by 17.2% between October 2024 and November 2024. In November 2024, listings were on the market for 23 days. During the same period, the median list price in this real estate market was $200,000.

From Rocket Homes Real Estate and based on county public records data.

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