NOT LISTED FOR SALE

5082 Paw Lake Rd Coloma, MI 49038

Paw Paw Lake Neighborhood
-- Bed
-- Bath
-- Sq Ft
1 Acres

Last Sold December 17, 2021

Last sale price $355,000

3 Days on Market

Highlights

  • Waterfront
  • Baseboard Heating
  • High Speed Internet
  • 1 Acre Lot

About This Home

As of December 2021

A total of NINE rental units on a one acre parcel very near Paw Paw Lake. Consisting of 6 single family units, 1 single family 1,127 sf home and 1 duplex. 6 units are 2 bedrooms, 1 bath and includes stove & refrigerator. 3 units are 1 bdrm, 1 bath. All units have upgraded 100 and 200 amp electric and municipal water and sewer. Owner pays water, sewer and trash. Tenants pay their own electric. Plenty of on site parking and less than 1 mile to Paw Paw Lake access and boat launch. A great opportunity awaits with this income producing property with excellent rental history and 100% occupancy.

Last Agent to Sell the Property

Mikki Swisher

American Homes Real Estate License #6502372652 Listed on: 11/14/2021

Co-Listed By

Nicole Swisher

American Homes Real Estate License #6501437936

Last Buyer's Agent

Scott Whiteford

WRE Sales LLC License #6502430634

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,756

Year Built

  • Built in 1930

Lot Details

  • 1 Acre Lot
  • Waterfront

Parking

  • 15 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Basement

  • Crawl Space

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • 8 Buildings
  • 9 Units

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water, sewer

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,756

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 329000.0
  • Number of Buildings: 8
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Paw Paw Lake
  • Waterfront: Yes

Garage/Parking

  • Total Parking Spaces: 15.0

Utilities

  • Heating: Hot Water, Baseboard
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 1.0
  • Lot Size Area: 1.0
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electricity

Multi Family

  • Number of Units Total: 9

Tax Info

  • Tax Annual Amount: 2756.0
  • Tax Year: 2020

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $355,000 +7.9% --
11/14/2021 11/14/21 For Sale $329,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mikki Swisher

    American Homes Real Estate

    (269) 208-0133

    43 in this area

    139 Total Sales

    Mikki Swisher
    Section Image
  • Nicole Swisher

    Seller Co-Listing Agent in 2021

    Nicole Swisher

    American Homes Real Estate

    (269) 363-6109

    15 in this area

    50 Total Sales

    Nicole Swisher
    Section Image

  • S

    Buyer's Agent in 2021

    Scott Whiteford

    WRE Sales LLC

    (708) 269-3593

    3 in this area

    13 Total Sales

    Scott Whiteford
    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21115141

Southwestern Michigan Association of REALTORS®

Michigan Berrien County Coloma 49038 Paw Paw Lake

5082 Paw Lake Rd, Coloma, MI

This home is located at 5082 Paw Lake Rd, Coloma, MI 49038 since 14 November 2021. This property was built in 1930. 5082 Paw Lake Rd is a home located in Berrien County with nearby schools including Coloma Elementary School, Coloma Intermediate School, and Coloma Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
Copyright 2025 MichRIC, LLC. All rights reserved.

Nearby Homes