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$585,000

Beds
2
Baths
1.5
sq ft
1,977

5007 S 42nd St, Climax, MI 49034

5007 S 42nd St

ClimaxTownship_Kalamazoo, MI 49034

  • 25 days on market
    • Price drop $10,000↓
Fantastic Custom-Built Lakefront Ranch on 1.25+ Acres! Escape to your own private lakefront retreat with this incredible home, perfectly situated on 107 feet of private water frontage. This one-of-a-kind property offers breathtaking lake views, stunning sunsets and a peaceful rural setting--your perfect year-round getaway yet you get to call it home! It's hard not to notice one of the attractive features, the huge 30x56 pole barn with electricity, concrete floor and insulated ceiling--great for storing boats, ATVs, or a workshop. There's also a two-car garage and long driveway leading to your serene oasis. Step inside to discover an open-concept main floor featuring a spacious dream kitchen with granite countertops, center island, stainless steel appliances, abundant cabinetry, and largesnack bar. The kitchen flows seamlessly overlooking the picture perfect dining and living rooms and gas log fireplace, where beautiful wood and tile flooring, large windows, and ample natural light create a warm and inviting space. The huge three-seasons room offers panoramic lake viewsperfect for morning coffee or evening relaxation. There are even double closets in each of the bedrooms. Enjoy waking up to lake views in the primary suite which includes an updated bath. Even the main full bath boasts a luxurious newly renovated tiled jet rainfall shower. The lower level provides a large rec room and an additional bonus room, which can be used for an informal bedroom (no egress), office, or hobby space. Additional recent upgrades include new roof, well pump/pressure tank, water softener, and sump pump. To complete the home, there is also central air, new washer/dryer (negotiable), dock included, along with a back deck and lower deck by the water. And they may also throw in the brand-new swim spa with the right offer! We all know it is rare to have more than a tiny lot on a lake, rural setting, then add in the bonus of the barn plus garage and beautifully updated features for such a low price. This home is only available due to job

Details

Property type

Single Family Residence

Est. home value

$463,666

Lot size

1.26 acres

Price per sq ft

$296

Year built

1970

Annual property taxes

$4,980

Price History

04/01/2025
Realcomp

Realcomp #64025008998

Removed
$585,000
03/29/2025
Realcomp

Realcomp #64025008998

Listed
$585,000
03/29/2025
Realcomp

Realcomp #64025008998

Price change
$585,000
-1.68%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

ClimaxScotts

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$157,819
Asking price
$585,000
Closing costs (~8% of asking)
-$46,800
Est. remaining loan balance
-$380,381
Cash to seller
$157,819

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Amerifirst Financial Corp

Loan start date

July 2022

Original loan amount

$396,000

Est. remaining balance

$380,381

Interest rate

5.23%

Loan type

New Conventional, 30 year

Seller

Khristina L Grimm and Leroy M Grimm

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/05/2025 at 8:00 PM

Listing updated: 04/02/2025 at 1:31 AM

Listed by: Noelle Pelton, Epique Realty Phone #: (248) 218-2604

MLS: Realcomp #64025008998

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