NOT LISTED FOR SALE

5519 Paw Paw Lake Rd Unit 12 Coloma, MI 49038

Paw Paw Lake Neighborhood

Estimated Value: $477,585 - $566,000

4 Beds
3 Baths
2,079 Sq Ft
$206/mo HOA Fee

Last Sold July 29, 2020

Last sale price $345,000 $166 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,825/month

4 Days on Market

Highlights

  • 400 Feet of Waterfront
  • Beach
  • Traditional Architecture
  • Boat Ramp
  • Deck
  • 1 Car Detached Garage

About This Home

As of July 2020

If you've been dreaming of owning on Paw Paw Lake, with an easy living lifestyle, then hurry to see this spotless condo. Beautiful Paw Paw Lake is approximately 857 acres. Rarely available in Edgewater Beach, this 4 bedroom, 3 full bath is waterfront with sandy beach & permanent docks & pier. Two level upper unit with all updated kitchen, flooring, quartz counters & stainless appliances. Enjoy the living areas with full glass for perfect views in all seasons. Some of the updates are new roof, new parking lot, newer furnace, all lighting throughout, new blinds, new faucets & awning on the large deck. Unit includes one boat slip, one car detached garage & designated parking space. Owner is a licensed REALTOR.

Last Agent to Sell the Property

Pam Smith

Coldwell Banker Advantage Listed on: 05/29/2020

Last Buyer's Agent

Pam Smith

Coldwell Banker Advantage Listed on: 05/29/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,014

Year Built

  • Built in 1985

Lot Details

  • 400 Feet of Waterfront
  • Sprinkler System

HOA Fees

  • $206 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,079 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Dining Area
  • Ceramic Tile Flooring
  • Water Views

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Shared Waterfront
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Softener is Owned

Community Details

Overview

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

Recreation

  • Boat Ramp
  • Community Boat Launch
  • Beach

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,014

Year Built

Built in 1985

Lot Details

0

HOA Fees

$206 per month

Parking

1

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1985
  • ResoPropertyType: Residential
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Microwave: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Water Softener Owned
  • Flooring: Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Pantry
  • Fireplace Features: Gas Log, Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Main Level Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Slab
  • LivingArea: 2079.0
  • Window Features: Window Treatments
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • List Price: 359900.0
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Paw Paw Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No

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
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Beach Area, Pets Allowed, Boat Launch
  • Association Fee: 206.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Association Info:Approx Assoc Fee2: 206.0
  • Association Info:Assoc Fee Payable: Monthly
  • Water Fea Amenities:View: Yes
  • Assoc Amenities:Pets Allowed2: Yes
  • Water Fea Amenities:Shared Frontage: Yes
  • Water Fea Amenities:Assoc Access: Yes
  • Assoc Amenities:Beach Area: Yes
  • Assoc Amenities:Boat Launch: Yes

Fee Information

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

Lot Info

  • Lot Dimensions: 0
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5014.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2020
Closed on
Jul 29, 2020
Sold by
Brown Pamela A and Smith Pamela A
Bought by
Apter Robert and Apter Cynthia
Seller's Agent
Pam Smith
Coldwell Banker Advantage
Buyer's Agent
Pam Smith
Coldwell Banker Advantage
List Price
$359,900
Sold Price
$345,000
Premium/Discount to List
-$14,900
-4.14%
Total Days on Market
4
Current Estimated Value
$512,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,146
Avg. Annual Appreciation
8.47%
Original Mortgage
$258,750
Outstanding Balance
$187,691
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$324,455

Purchase Details

Listed on
Apr 29, 2014
Closed on
Jun 30, 2014
Sold by
Brown Scott Philip
Bought by
Brown Scott Philip and Smith Pamela A
Seller's Agent
Kimberly Webb
Realty Executives Instant Equity
Buyer's Agent
Pam Smith
Coldwell Banker Advantage
List Price
$339,000
Sold Price
$310,000
Premium/Discount to List
-$29,000
-8.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.77%
Original Mortgage
$248,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2012
Sold by
Vitucci Mary Lynn
Bought by
Matthias Family Trust

Purchase Details

Closed on
Nov 1, 1994
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
Apter Robert $345,000 None Available
Brown Scott Philip -- First American Title
Brown Scott Philip $310,000 First American Title Ins Co
Matthias Family Trust -- None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Apter Robert $258,750
Previous Owner Brown Scott Philip $248,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2020 07/29/20 Sold $345,000 -4.1% $166 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $359,900 +16.1% $173 / Sq Ft
06/30/2014 06/30/14 Sold $310,000 -8.6% $156 / Sq Ft
06/24/2014 06/24/14 Pending -- -- --
04/29/2014 04/29/14 For Sale $339,000 -- $171 / 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 $8,923 $227,700 $0 $0
2024 $1,956 $206,000 $0 $0
2023 $1,863 $181,700 $0 $0
2022 $1,774 $167,100 $0 $0
2021 $8,094 $157,900 $25,000 $132,900
2020 $4,973 $153,200 $0 $0
2019 $5,014 $140,600 $25,000 $115,600
2018 $4,507 $140,600 $0 $0
2017 $4,507 $140,600 $0 $0
2016 $4,450 $140,600 $0 $0
2015 $4,419 $140,600 $0 $0
2014 $1,484 $136,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20019024

Southwestern Michigan Association of REALTORS®

APN: 11-08-1902-0012-00-0