$40,000
SOLD NOV 5, 2014

5563 Paw Lake Rd Coloma, MI 49038

Paw Paw Lake Neighborhood
2 Beds
1 Bath
524 Sq Ft
0.44 Acres

Recently Sold

$76 Per Sq Ft

27% Below List Price

344 Days on Market

Highlights

  • 2 Car Detached Garage
  • Living Room
  • Radiant Heating System
  • Porch
  • Wood Siding
  • Cabin

About This Home

As of August 2017

What we have here is a lot of potential! Two bedroom cottage with a two car detached garage and a half acre parcel. According to the seller there is a fire lane that almost directly connects this parcel to Paw Paw Lake. You can either fix up the cottage or you can knock it down and build your dream home. Come see what you think. THIS IS NOT A FORECLOSURE!

Last Agent to Sell the Property

Greg Miller

Active Realtors License #6501262452 Listed on: 11/26/2013

Last Buyer's Agent

Jane Neidlinger

ERA Reardon Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 150 x 150

Parking

  • 2 Car Detached Garage
  • Unpaved Driveway

Home Design

  • Cabin
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 524 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Crawl Space
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Radiant Heating System
  • Well

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1965
  • ResoPropertyType: Residential
  • Architectural Style Cabin: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space, Slab
  • LivingArea: 524.0

Exterior Features

  • Construction Materials: Shingle Siding, Wood Siding
  • List Price: 44900.0
  • Patio and Porch Features: Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Heating: Radiant
  • Heating: Yes
  • Sewer: Public
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 0.44
  • Lot Size Area: 0.44
  • Lot Dimensions: 150 x 150
  • Lot Size Sq Ft: 19166.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2001.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2017
Closed on
Aug 28, 2017
Sold by
Stetler Ralph and Stetler Barbara
Bought by
Captains Choice Homes Llc
Seller's Agent
Ryan McFadden
Berkshire Hathaway HomeServices Michigan Real Estate
Buyer's Agent
Ryan McFadden
Berkshire Hathaway HomeServices Michigan Real Estate
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%
Total Days on Market
344
Current Estimated Value
$123,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,667
Avg. Annual Appreciation
11.01%

Purchase Details

Listed on
Nov 26, 2013
Closed on
Nov 3, 2014
Sold by
Greenway Paul H and Greenway Valerie D
Bought by
Stelter Ralph and Stelter Barbara
Seller's Agent
Greg Miller
Active Realtors
Buyer's Agent
Jane Neidlinger
ERA Reardon Realty
List Price
$54,900
Sold Price
$40,000
Premium/Discount to List
-$14,900
-27.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.00%

Purchase Details

Closed on
Aug 2, 2002

Purchase Details

Closed on
Apr 13, 1994

Purchase Details

Closed on
Jan 9, 1987
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $55,000 Chicago Title
Warranty Deed $40,000 Meridian Title Corp
Deed $75,000 --
Deed $65,000 --
Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2017 08/28/17 Sold $55,000 -8.2% $105 / Sq Ft
08/24/2017 08/24/17 Pending -- -- --
08/24/2017 08/24/17 For Sale $59,900 +49.8% $114 / Sq Ft
11/05/2014 11/05/14 Sold $40,000 -27.1% $76 / Sq Ft
11/05/2014 11/05/14 Pending -- -- --
11/26/2013 11/26/13 For Sale $54,900 -- $105 / 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 $1,581 $53,700 $0 $0
2024 $359 $52,000 $0 $0
2023 $342 $38,200 $0 $0
2022 $326 $34,700 $0 $0
2021 $1,429 $31,900 $15,000 $16,900
2020 $1,429 $30,200 $0 $0
2019 $1,952 $27,400 $15,000 $12,400
2018 $1,276 $27,400 $0 $0
2017 $1,267 $27,400 $0 $0
2016 $1,250 $27,100 $0 $0
2015 $1,246 $26,200 $0 $0
2014 $285 $26,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Ryan McFadden

    Berkshire Hathaway HomeServices Michigan Real Estate

    (800) 637-1141

    1 in this area

    53 Total Sales

    Ryan McFadden
    Section Image

  • G

    Seller's Agent in 2014

    Greg Miller

    Active Realtors

    (269) 208-3568

    107 Total Sales

    Greg Miller
    Section Image

  • J

    Buyer's Agent in 2014

    Jane Neidlinger

    ERA Reardon Realty

    (269) 487-0111

    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13066508

Southwestern Michigan Association of REALTORS®

APN: 11-08-0015-0016-00-4

Michigan Berrien County Coloma 49038 Paw Paw Lake

5563 Paw Lake Rd, Coloma, MI

This home is located at 5563 Paw Lake Rd, Coloma, MI 49038 and is currently priced at $40,000, approximately $76 per square foot. This property was built in 1965. 5563 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.
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