Sold
694 Lake 16 Drive, Allegan, MI 49010
Sold on 03/20/2025 for$400,000
MLS # 24046861 (Michigan Regional Information Center (MichRIC))
3 beds3 baths1,876 sqftBuilt 19741.32 acres
1 / 50
Listing Description
Escape to this beautifully updated cottage on Lake Sixteen in Allegan, where you'll enjoy nearly an acre of tranquil lakefront living across two parcels. This 3-bedroom, 2-bath home, with two additional non-conforming bedrooms or office spaces, offers a cozy and efficient layout. Large, high-efficiency windows in the family room bring the beauty of each season indoors, complemented by a stone fireplace and exposed timber beams. The home is outfitted for heated floors and solar energy features. The energy-efficient design means the heat is rarely needed. The kitchen is both practical and spacious, featuring Corian countertops and ample storage. The primary bedroom includes an ensuite bath and walk-in closet, while two more upstairs bedrooms and a loft maximize the stunning lake views.
Source: SparkMLS
About this home
This 3-bedroom, 3-bath, 1,876 sq ft home built in 1974 sits in Trowbridge Township in Allegan.
Final sale price: $400,000 (about $213/sq ft).
Property tax estimate: $1,812 per year ($151/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.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms3
Living Area1,876 sqft
Lot Size1.32 acres
Year Built1974
Stories2
Location
CityAllegan
MunicipalityTrowbridge Twp
Zip Code49010
CountyAllegan
School DistrictAllegan Public Schools
Construction & Systems
StyleCabin
ConstructionConcrete, Vinyl Siding
BasementFull, Walk-Out Access
Garage3 spaces
HeatingForced Air, Wood
WaterWell
SewerSeptic Tank
InteriorCeiling Fan(s)
Sale & Financing
Listed9/4/2024
Sold Date3/19/2025
Original Price$415,000
Terms AcceptedCash, FHA, VA Loan, Rural Development, Conventional
Source: SparkMLS
Tax Information
Annual Tax$1,812
Tax Year2023
Assessed Value$56,994
Parcel #032116002500
Source: SparkMLS
Legal Description
Lot 25 and Lot 29 Belden Subdivision, see attached
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 Anthony Moayyer
Moayyer Real Estate
Frequently Asked Questions about 694 Lake 16 Drive, Allegan, MI 49010
Which school district serves 694 Lake 16 Drive, Allegan, MI 49010?
Per MLS# 24046861, 694 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.
What financing options are available for 694 Lake 16 Drive, Allegan, MI 49010?
Per MLS# 24046861, this listing accepts Cash, FHA, VA Loan, Rural Development, Conventional financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 694 Lake 16 Drive, Allegan, MI 49010?
Per public tax records, annual property taxes for this property are $1,812 (2023). 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, 694 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 694 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 694 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 694 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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Monthly payment$2,588
Principal & interest$2,588
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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
694 Lake 16 Drive, Allegan, MI 49010
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Municipality
Trowbridge Township
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