NOT LISTED FOR SALE

5513 Paw Lake Rd Unit 21 Coloma, MI 49038

Paw Paw Lake Neighborhood

Estimated Value: $337,357 - $378,000

2 Beds
1.5 Baths
988 Sq Ft
$170/mo HOA Fee

Last Sold July 20, 2018

Last sale price $220,000 $223 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,603/month

77 Days on Market

Highlights

  • 400 Feet of Waterfront
  • Beach
  • End Unit
  • Docks
  • Recreation Room
  • 1 Car Detached Garage

About This Home

As of July 2018

Edgewater condo on Paw Paw Lake with fabulous full on views of the water is now ready for a new owner. This wonderful 2 bedroom, 1 full and 1 half bath, condo has been updated with a remodeled kitchen, new water heater 2016, new microwave 2016, and new carpet 2017. It has gas fireplace with the living room and kitchen facing the lake. Window screens, kitchen pantry, 3 ceiling fans, satellite system and a one car garage. No work, just enjoy your patio and let the games begin. The sandy beach is terrific. Pets allowed. Your boat can safely dock at the new permanent piers. There is also room for wave runner parking waterside. Paw Paw Lake is a mecca for many activities. All sports, sailing, kayaking, skiing, swimming and wave running or take the boat to the on water restaurant. Call today.

Last Agent to Sell the Property

Patricia Hutchinson

Coldwell Banker Anchor R.E. License #6501270083 Listed on: 03/29/2018

Coldwell Banker Anchor R.E.

Last Buyer's Agent

Patricia Hutchinson

Coldwell Banker Anchor R.E. License #6501270083 Listed on: 03/29/2018

Coldwell Banker Anchor R.E.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,442

Year Built

  • Built in 1989

Lot Details

  • 400 Feet of Waterfront
  • End Unit
  • Shrub

HOA Fees

  • $170 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 988 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Living Room with Fireplace
  • Dining Area
  • Recreation Room
  • Water Views
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Docks
  • Shared Waterfront
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Association fees include water, trash, snow removal, lawn/yard care
  • Edgewater Beach Condominium Condos

Recreation

  • Beach

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,442

Year Built

Built in 1989

Lot Details

0

HOA Fees

$170 per month

Parking

1

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1989
  • ResoPropertyType: Residential
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Microwave: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Broadband, Garage Door Opener
  • Fireplace Features: Gas Log, Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Crawl Space
  • LivingArea: 988.0
  • Window Features: Insulated Windows, Window Treatments
  • Appliances Range: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • List Price: 240000.0
  • Lot Features: Level
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Paw Paw Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Beach Area, End Unit, Pets Allowed, Other
  • Association Fee: 170.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Association Info:Approx Assoc Fee2: 170.0
  • Association Info:Assoc Fee Payable: Monthly
  • Water Fea Amenities:View: Yes
  • Assoc Amenities:Pets Allowed2: Yes
  • Assoc Amenities:End Unit: Yes
  • Water Fea Amenities:Shared Frontage: Yes
  • Water Fea Amenities:Assoc Access: Yes
  • Water Fea Amenities:Dock: Yes
  • Assoc Amenities:Beach Area: Yes

Fee Information

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

Lot Info

  • Lot Dimensions: 0
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3442.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2018
Closed on
Jul 20, 2018
Sold by
Ab Charles and Ab Barbara-Ann
Bought by
Smith Thomas and Smith Denise
Seller's Agent
Patricia Hutchinson
Coldwell Banker Anchor R.E.
Buyer's Agent
Patricia Hutchinson
Coldwell Banker Anchor R.E.
List Price
$250,000
Sold Price
$220,000
Premium/Discount to List
-$30,000
-12%
Total Days on Market
77
Current Estimated Value
$355,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,339
Avg. Annual Appreciation
7.23%
Original Mortgage
$176,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 11, 2003
Sold by
Riordan Matthew M and Riordan Eugene
Bought by
Abrams Charles Maurice and Abrams Barbara Ann Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 1998

Purchase Details

Closed on
Apr 16, 1992
Source: Public Records

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Range of Values:

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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
Smith Thomas $220,000 First American Title
Smith Thomas $220,000 First American Title
Abrams Charles Maurice -- --
-- $120,000 --
-- $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Thomas $175,000
Closed Smith Thomas $175,000
Closed Smith Thomas $176,000
Previous Owner Abrams Charles Maurice $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2018 07/20/18 Sold $220,000 -12.0% $223 / Sq Ft
06/14/2018 06/14/18 Pending -- -- --
03/29/2018 03/29/18 For Sale $250,000 -- $253 / 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 $6,572 $165,800 $0 $0
2024 $1,422 $151,200 $0 $0
2023 $1,354 $130,700 $0 $0
2022 $1,290 $121,000 $0 $0
2021 $5,969 $114,800 $25,000 $89,800
2020 $5,965 $116,600 $0 $0
2019 $5,963 $104,900 $25,000 $79,900
2018 $3,442 $104,900 $0 $0
2017 $3,442 $104,900 $0 $0
2016 $3,398 $104,900 $0 $0
2015 $3,370 $104,900 $0 $0
2014 $1,141 $104,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18012083

Southwestern Michigan Association of REALTORS®

APN: 11-08-1905-0021-00-3