Sold
692 Lake 16 Drive, Allegan, MI 49010
Sold on 09/18/2025 for$143,000
MLS # 25007862 (Michigan Regional Information Center (MichRIC))
3 beds2 baths960 sqftBuilt 19740.17 acres
1 / 21
Listing Description
692 Lake 16 Drive in Allegan, MI, is a three-bedroom, two-bathroom lakefront home. Located on Lake Sixteen, which is a 35-acre lake. Large windows offer stunning lake views, and the open layout is ideal for entertaining. Whether a vacation retreat or full-time home, this is a rare opportunity for Michigan lakefront living.
Source: SparkMLS
About this home
3-bedroom, 2-bath, 960 sq ft home in Trowbridge Township in Allegan built in 1974.
Closed at $143,000 (about $149/sq ft).
Property tax estimate: $4,600 per year ($383/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company; natural gas by Michigan Gas Utilities Corporation. Fiber internet is available at this address with download speeds up to 6,000 Mbps across 8 providers.
Tour
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area960 sqft
Lot Size0.17 acres
Year Built1974
Stories1
Location
CityAllegan
MunicipalityTrowbridge Twp
Zip Code49010
CountyAllegan
School DistrictAllegan Public Schools
Construction & Systems
StyleRanch
ConstructionAluminum Siding
BasementPartial
Garage1 space
HeatingForced Air
WaterWell
SewerSeptic Tank
Sale & Financing
Listed8/12/2025
Sold Date9/17/2025
Original Price$180,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$4,600
Tax Year2024
Assessed Value$38,294
Parcel #21-160-024-00
Source: SparkMLS
Legal Description
LOT 24 BELDEN SUBDIVISION SEC 16 T1N R13W.
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Drake Johnson
Five Star Real Estate-W Norton
Frequently Asked Questions about 692 Lake 16 Drive, Allegan, MI 49010
Which school district serves 692 Lake 16 Drive, Allegan, MI 49010?
Per MLS# 25007862, 692 Lake 16 Drive, Allegan, MI 49010 is in the Allegan Public Schools boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Allegan Public Schools directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 25007862, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 692 Lake 16 Drive, Allegan, MI 49010?
Per public tax records, annual property taxes for this property are $4,600 (2024). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 692 Lake 16 Drive, Allegan, MI 49010 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 692 Lake 16 Drive, Allegan, MI 49010 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 692 Lake 16 Drive, Allegan, MI 49010. The maximum advertised download speed is 6.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 692 Lake 16 Drive, Allegan, MI 49010?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Michigan Gas Utilities Corporation. Sewer: Septic Tank. Water: Well. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Trowbridge Twp police department or the Allegan County sheriff's office.
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Internet
FiberDownload
6 Gbps
Upload
6 Gbps
FiberGSO SatelliteLicensed Fixed WirelessSatelliteDSL
8 providers at this address
123.NET IncFiber
6 GbpsMercury FiberFiber
5 GbpsStarlinkGSO Satellite
280 MbpsT-MobileLicensed Fixed Wireless
100 MbpsViasat IncSatellite
100 MbpsHughesNetSatellite
50 MbpsFrontierDSL
10 MbpsAT&TLicensed Fixed Wireless
0 MbpsFCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
Consumers Energy Company
Investor-Owned
Michigan Gas Utilities Corporation
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
692 Lake 16 Drive, Allegan, MI 49010
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Municipality
Trowbridge Township
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