NOT LISTED FOR SALE

4766 Arbor Ave Unit 37 (22) Coloma, MI 49038

Lake Michigan Beach Neighborhood

Estimated Value: $285,000 - $303,282

2 Beds
2 Baths
1,052 Sq Ft
$358/mo HOA Fee

Last Sold September 23, 2022

Last sale price $189,000 $180 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,139/month

107 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Beach
  • Traditional Architecture
  • 320 Feet of Waterfront
  • Deck
  • Wood Flooring

About This Home

As of September 2022

This is Lake Michigan! Over 250 ft of beachfront Enjoy lake views from the living room or your deck. This unit offers 2 bedrooms, 2 full baths, wall AC units and has been nicely updated. An open concept and hardwood floors throughout as well as laundry hookups for a stackable washer/dryer. The HOA has a large pool and golf carts are allowed There is a cart path that leads straight down to the beach. ''This property has been placed in an upcoming online event. All bids should be submitted at www.xome.com/auctions (void where prohibited). Please submit any pre-auction offers received through the property details page on Xome.com. Any post-auction offers will need to be submitted directly to the listing agent. All offers will be reviewed and responded to within 3 business days. All properties

Last Agent to Sell the Property

Terrie Boven

RE/MAX of Kalamazoo License #6501218956 Listed on: 04/18/2022

RE/MAX of Kalamazoo

Last Buyer's Agent

Agent Out Of Area

Out of Area Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,508

Year Built

  • Built in 1950

Lot Details

  • 320 Feet of Waterfront

HOA Fees

  • $358 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,052 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Wood Flooring
  • Water Views
  • Crawl Space

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Well
  • Septic System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Reserve Auction

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer, lawn/yard care, heat
  • Pottawattamie Resort Condos

Recreation

  • Beach
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,508

Year Built

Built in 1950

Lot Details

0

HOA Fees

$358 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 1
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 0
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1052.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 3508.0
  • Waterfront Options:Water Access YN: Yes
  • Roofing:Composition: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Air Conditioning:Wall Unit(s): Yes
  • Waterfront Options:Water Frontage3: 320.0
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Windows:Insulated Windows: Yes
  • General Property Info:Fireplace: No
  • Heat Type:Hot Water: Yes
  • Appliances Microwave: Yes
  • Substructure:Crawl Space: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:Condo Proj Name: Pottawattamie Resort
  • Auction Type:Reserve: Yes
  • General Property Info:SqFt Above Grade: 1052.0
  • General Property Info Garage YN: No
  • Architectural Style:Traditional: Yes
  • Flooring:Wood Floor: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring: Wood
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space
  • LivingArea: 1052.0
  • Window Features: Insulated Windows
  • General Property Info:Stories2: 1.0
  • Appliances Range: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 285000.0
  • Patio and Porch Features: Deck
  • Roof: Composition
  • Water Body Name: Lake Michigan
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Hot Water
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Cable Connected
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association Amenities: Beach Area, Pets Allowed, Pool
  • Association Fee: 357.78
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Association Info:Approx Assoc Fee2: 357.78
  • Water Fea Amenities:Deeded Access: Yes
  • Association Info:Assoc Fee Payable: Monthly
  • Water Fea Amenities:View: Yes
  • Assoc Amenities:Pets Allowed2: Yes
  • Assoc Amenities:Pool: Yes
  • Assoc Amenities:Beach Area: Yes

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal, Sewer, Lawn/Yard Care, Heat

Lot Info

  • Lot Dimensions: 0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3508.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2024
Sold by
Hartfield David C
Bought by
Kraushaar Jason and Kraushaar Tracie M
Current Estimated Value
$293,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Outstanding Balance
$210,480
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$83,091

Purchase Details

Closed on
Mar 22, 2023
Sold by
Invest Vb Llc
Bought by
Hartfield David C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,700
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 18, 2022
Closed on
Oct 11, 2022
Sold by
Greenpoint Mortgage Funding Trust
Bought by
Invest Vb Llc
Seller's Agent
Terrie Boven
RE/MAX of Kalamazoo
Buyer's Agent
Agent Out Of Area
Out of Area Office
List Price
$350,000
Sold Price
$189,000
Premium/Discount to List
-$161,000
-46%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.42%

Purchase Details

Closed on
Aug 20, 2021
Sold by
Becker Mark E and Becker Linda L
Bought by
U S Bank National Association and Greenpoint Mortgage Funding Trusts

Purchase Details

Closed on
Sep 30, 2010
Sold by
Becker Mark E and Becker Linda L
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Mar 2, 2007
Sold by
Lake Michigan Beach Pottawattamie Resort
Bought by
Becker Mark E and Becker Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.12%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kraushaar Jason $287,000 Chicago Title Of Michigan
Kraushaar Jason $287,000 Chicago Title Of Michigan
Hartfield David C $263,000 Chicago Title
Invest Vb Llc $189,000 Servicelink
Invest Vb Llc $189,000 Servicelink
U S Bank National Association $390,097 None Available
Mortgage Electronic Registration Systems $314,564 None Available
Becker Mark E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kraushaar Jason $214,000
Closed Kraushaar Jason $214,000
Previous Owner Hartfield David C $236,700
Previous Owner Becker Mark E $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2022 09/23/22 Sold $189,000 -33.7% $180 / Sq Ft
08/03/2022 08/03/22 Pending -- -- --
06/18/2022 06/18/22 Price Changed $285,000 -6.6% $271 / Sq Ft
06/01/2022 06/01/22 Price Changed $305,000 -6.2% $290 / Sq Ft
05/12/2022 05/12/22 Price Changed $325,000 -7.1% $309 / Sq Ft
04/18/2022 04/18/22 For Sale $350,000 -- $333 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,743 $124,200 $0 $0
2024 $1,277 $117,400 $0 $0
2023 $1,200 $110,300 $0 $0
2022 $928 $98,400 $0 $0
2021 $3,507 $82,700 $23,700 $59,000
2020 $3,461 $81,500 $0 $0
2019 $3,431 $80,300 $0 $0
2018 $7,926 $185,500 $0 $0
2017 $7,558 $226,300 $0 $0
2016 $7,428 $181,600 $0 $0
2015 $8,370 $206,100 $0 $0
2014 $2,342 $235,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22013036

Southwestern Michigan Association of REALTORS®

APN: 11-10-6010-0022-00-3