5303 Paw Lake Rd Coloma, MI 49038
Paw Paw Lake Neighborhood
2
Beds
1
Bath
1,193
Sq Ft
4,356
Sq Ft Lot
Highlights
- Private Waterfront
- Deck
- Living Room
- A-Frame Home
- Cooling System Mounted In Outer Wall Opening
- Snack Bar or Counter
About This Home
As of April 2024Experience lakefront living at its finest on beautiful Paw Paw Lake. Located less than 2 hours from Chicago, this fully remodeled 2 bedroom with spacious lofted sleeping area and 1 full main level bathroom is ready for you and your water toys! Enjoy abundant lake views from every corner. Centrally located to easily explore all that SW Michigan has to offer. Home comes with WIFI enabled mini-split air/heat, full size washer/dryer, new refrigerator, newer water heater. Storage abounds both inside and outside the home. Pier, Pontoon Lift and Jet Ski lift included. Whether you're seeking a serene getaway or a lucrative rental opportunity, this property is truly turnkey.
Last Agent to Sell the Property
Michigan Lakes Real Estate Team Inc. License #6506042368 Listed on: 02/27/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,948
Year Built
- Built in 1950
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 33x135
- Private Waterfront
- 33 Feet of Waterfront
Home Design
- A-Frame Home
- Composition Roof
- Vinyl Siding
Interior Spaces
- 1,193 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Living Room
- Laminate Flooring
- Water Views
- Crawl Space
Kitchen
- Oven
- Microwave
- Snack Bar or Counter
Bedrooms and Bathrooms
- 2 Bedrooms | 1 Main Level Bedroom
- 1 Full Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Water Access
- Deck
- Shed
- Storage Shed
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating Available
- High Speed Internet
- Phone Available
- Cable TV Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 27, 2024
Closed on
May 9, 2024
Sold by
Edward J Carithers Trust and Alison J Carithers Trust
Bought by
Gibson Joseph and Gibson Catherine
Seller's Agent
Kelly Smit
Michigan Lakes Real Estate Team Inc.
Buyer's Agent
Amy Hamilton
Jaqua, REALTORS
List Price
$499,900
Sold Price
$480,000
Premium/Discount to List
-$19,900
-3.98%
Total Days on Market
30
Views
300
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,849
Avg. Annual Appreciation
-3.64%
Original Mortgage
$360,000
Outstanding Balance
$356,193
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$104,958
Purchase Details
Listed on
Jul 28, 2022
Closed on
Oct 3, 2022
Sold by
Peabody Colleen E
Bought by
Edward J Carithers Trust and Alison J Carithers Trust
Seller's Agent
Rick Pantaleo
Windy Mitten Properties
Buyer's Agent
Kelly Smit
Michigan Lakes Real Estate Team Inc.
List Price
$495,000
Sold Price
$435,000
Premium/Discount to List
-$60,000
-12.12%
Views
3
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.43%
Original Mortgage
$348,000
Interest Rate
6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 28, 2020
Closed on
Aug 7, 2020
Sold by
Silver Dave
Bought by
Peabody Colleen E
Seller's Agent
Kristene Walton
American Homes Real Estate
Buyer's Agent
Rick Pantaleo
Windy Mitten Properties
List Price
$269,900
Sold Price
$269,400
Premium/Discount to List
-$500
-0.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.84%
Original Mortgage
$242,460
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 25, 2018
Closed on
Jun 17, 2019
Sold by
Calvano John L
Bought by
Silver Dave
Seller's Agent
Kimberly Webb
Realty Executives Instant Equity
Buyer's Agent
Carmen Perry
Keller Williams GR East
List Price
$359,000
Sold Price
$240,000
Premium/Discount to List
-$119,000
-33.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.57%
Purchase Details
Listed on
Mar 25, 2018
Closed on
Jun 10, 2019
Sold by
Calvano John L and Cap Teri
Bought by
Silver Dave
Seller's Agent
Kimberly Webb
Realty Executives Instant Equity
Buyer's Agent
Carmen Perry
Keller Williams GR East
List Price
$359,000
Sold Price
$240,000
Premium/Discount to List
-$119,000
-33.15%
Purchase Details
Closed on
Oct 2, 1998
Purchase Details
Closed on
Sep 26, 1997
Purchase Details
Closed on
Apr 26, 1994
Purchase Details
Closed on
Feb 7, 1994
Similar Homes in Coloma, MI
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $480,000 | None Listed On Document | |
| Warranty Deed | $435,000 | First American Title | |
| Warranty Deed | $269,400 | First Americantitle | |
| Warranty Deed | $240,000 | First American Title | |
| Warranty Deed | $240,000 | First American Title | |
| Deed | $167,500 | -- | |
| Deed | $113,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $360,000 | New Conventional | |
| Previous Owner | $348,000 | New Conventional | |
| Previous Owner | $242,460 | New Conventional | |
| Previous Owner | $280,800 | Unknown | |
| Previous Owner | $202,500 | Unknown | |
| Previous Owner | $0 | Unknown | |
| Previous Owner | $292,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $145,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2024 04/30/24 | Sold | $480,000 | -4.0% | $402 / Sq Ft |
| 03/28/2024 03/28/24 | Pending | -- | -- | -- |
| 02/27/2024 02/27/24 | For Sale | $499,900 | +14.9% | $419 / Sq Ft |
| 10/03/2022 10/03/22 | Sold | $435,000 | -9.2% | $340 / Sq Ft |
| 08/23/2022 08/23/22 | Pending | -- | -- | -- |
| 08/17/2022 08/17/22 | Price Changed | $479,000 | -3.2% | $374 / Sq Ft |
| 07/28/2022 07/28/22 | For Sale | $495,000 | +83.7% | $387 / Sq Ft |
| 08/05/2020 08/05/20 | Sold | $269,400 | -0.2% | $210 / Sq Ft |
| 06/28/2020 06/28/20 | Pending | -- | -- | -- |
| 06/28/2020 06/28/20 | For Sale | $269,900 | +12.5% | $211 / Sq Ft |
| 06/14/2019 06/14/19 | Sold | $240,000 | -33.1% | $194 / Sq Ft |
| 05/20/2019 05/20/19 | Pending | -- | -- | -- |
| 03/25/2018 03/25/18 | For Sale | $359,000 | -- | $290 / Sq Ft |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 | $8,357 | $212,700 | $0 | $0 |
| 2024 | $1,850 | $191,400 | $0 | $0 |
| 2023 | $1,762 | $162,000 | $0 | $0 |
| 2022 | $1,504 | $138,300 | $0 | $0 |
| 2021 | $7,062 | $139,100 | $94,900 | $44,200 |
| 2020 | $7,159 | $139,100 | $0 | $0 |
| 2019 | $4,371 | $137,000 | $98,500 | $38,500 |
| 2018 | $2,557 | $137,000 | $0 | $0 |
| 2017 | $2,539 | $143,000 | $0 | $0 |
| 2016 | $2,492 | $143,000 | $0 | $0 |
| 2015 | $2,508 | $128,000 | $0 | $0 |
| 2014 | $828 | $125,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kelly Smit
Seller's Agent in 2024
Kelly Smit
Michigan Lakes Real Estate Team Inc.
(269) 462-0783
5 in this area
101 Total Sales
-
Amy Hamilton
Buyer's Agent in 2024
Amy Hamilton
Jaqua, REALTORS
(888) 631-3200
2 in this area
419 Total Sales
-
Rick Pantaleo
R
Seller's Agent in 2022
Rick Pantaleo
Windy Mitten Properties
(616) 502-5028
17 in this area
22 Total Sales
-
Kristene Walton
Seller's Agent in 2020
Kristene Walton
American Homes Real Estate
(269) 338-5664
1 in this area
27 Total Sales
-
Kimberly Webb
Seller's Agent in 2019
Kimberly Webb
Realty Executives Instant Equity
(269) 757-1252
8 in this area
111 Total Sales
-
Carmen Perry
C
Buyer's Agent in 2019
Carmen Perry
Keller Williams GR East
(231) 670-0618
18 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 24009308
APN: 11-08-0016-0036-00-3
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