$410,000
SOLD SEP 13, 2024

5576 N Watervliet Rd Unit 4 Watervliet, MI 49098

Paw Paw Lake Neighborhood
2 Beds
2 Baths
1,200 Sq Ft
$300/mo HOA Fee

Recently Sold

$342 Per Sq Ft

5% Below List Price

78 Days on Market

Highlights

  • 577 Feet of Waterfront
  • Beach
  • Screened Porch
  • Docks
  • Contemporary Architecture
  • 5-minute walk to Sunset Park

About This Home

As of September 2024

Get ready to experience lakefront living like never before! Welcome to Sherwood Shores of Paw Paw Lake in Watervliet, MI, this stunning property has everything you've been dreaming of! Fully furnished and renovated in 2020, this gem features 2 spacious bedrooms, 2 renovated baths, and an open floor plan that sleeps up to 8. White kitchen with quartz counters that opens to a great room. Enjoy breathtaking views from the amazing screened/3 season porch overlooking the lake. With a boat lift for pontoon and space for your waverunner, plus 3 sandy beach areas, tennis court, and play area on the complex, there's endless fun for the whole family! And don't forget the 1-car garage and pet-friendly policy! Located just 90 minutes from Chicago, your lakefront oasis awaits!

Last Agent to Sell the Property

Jill Drebing

@properties Christie's International R.E. License #6501449271 Listed on: 05/31/2024

@properties Christie's International R.E.

Last Buyer's Agent

Patricia Hutchinson

Coldwell Banker Anchor R.E. License #6501270083

Coldwell Banker Anchor R.E.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,061

Year Built

  • Built in 1987

Lot Details

  • 577 Feet of Waterfront
  • Private Entrance
  • Shrub

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Living Room
  • Dining Area
  • Screened Porch
  • Vinyl Flooring
  • Water Views

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Deeded Boat Dock
  • Shared Waterfront
  • Patio
  • Play Equipment

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well

Community Details

Overview

  • Association fees include water, trash, snow removal, lawn/yard care
  • Shorewood Shores Subdivision

Recreation

  • Beach
  • Tennis Courts
  • Community Playground
  • Recreational Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,061

Year Built

Built in 1987

Lot Details

0

HOA Fees

$300 per month

Parking

1

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1987
  • ResoPropertyType: Residential
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Microwave: Yes
  • Architectural Style:Contemporary: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
  • Flooring: Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Slab
  • LivingArea: 1200.0
  • Window Features: Insulated Windows, Window Treatments
  • Appliances:Oven: Yes
  • Appliances Dishwasher: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • Exterior Features: Play Equipment, Scrn Porch, Tennis Court(s)
  • List Price: 429500.0
  • Lot Features: Recreational
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • Roof: Composition, Shingle
  • Water Body Name: Paw Paw Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Features:Scrn Porch: Yes
  • Exterior Features:Play Equipment: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Unit, Laundry Room, Main Level
  • Sewer: Public
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association Amenities: Beach Area, Pets Allowed, Playground, Tennis Court(s)
  • Association Fee: 300.0
  • Association Fee Frequency: Monthly
  • Association Phone: Al Candos
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Association Info:Approx Assoc Fee2: 300.0
  • 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:Playground: Yes
  • Water Fea Amenities:Dock: Yes
  • Assoc Amenities:Beach Area: Yes
  • Assoc Amenities:Tennis Court(s)2: Yes
  • Association Info:Association Phone: Al Candos
  • Water Fea Amenities:Deeded Boat Lot: 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: 6061.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Sep 12, 2024
Sold by
Heller Christopher M and Heller Kerri L
Bought by
Jill E Blair Trust
Seller's Agent
Jill Drebing
@properties Christie's International R.E.
Buyer's Agent
Patricia Hutchinson
Coldwell Banker Anchor R.E.
List Price
$429,500
Sold Price
$410,000
Premium/Discount to List
-$19,500
-4.54%
Views
15
Current Estimated Value
$402,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,509
Avg. Annual Appreciation
-0.61%

Purchase Details

Closed on
May 23, 2024
Sold by
Weddle Jeremy and Zic Diana

Purchase Details

Listed on
Mar 9, 2020
Closed on
Jun 15, 2020
Sold by
Gerald B Gould Living Trust
Bought by
Heller Christopher M and Heller Kerri L
Seller's Agent
Patricia Hutchinson
Coldwell Banker Anchor R.E.
Buyer's Agent
Carol Genzink
RE/MAX Lakeshore
List Price
$250,000
Sold Price
$243,400
Premium/Discount to List
-$6,600
-2.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.84%
Original Mortgage
$182,550
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 9, 2020
Closed on
Jun 10, 2020
Sold by
Gould Marilyn F and Gerlad B Gould Living Trust
Bought by
Heller Christopher and Heller Kerri
Seller's Agent
Patricia Hutchinson
Coldwell Banker Anchor R.E.
Buyer's Agent
Carol Genzink
RE/MAX Lakeshore
List Price
$250,000
Sold Price
$243,400
Premium/Discount to List
-$6,600
-2.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,550
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2009
Sold by
Matyasic Walter V and Matyasic Janis M
Bought by
Gould Gerald B and Gould Marilyn F

Purchase Details

Closed on
Mar 11, 2006
Sold by
Gould Gerald B and Gould Marilyn F
Bought by
Gould Gerald B and Gould Marilyn F

Purchase Details

Closed on
Nov 21, 1997

Purchase Details

Closed on
Sep 3, 1991

Purchase Details

Closed on
Dec 30, 1988
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 Type Sale Price Title Company
Warranty Deed $410,000 Chicago Title Of Michigan
Deed -- None Listed On Document
Deed $243,400 None Listed On Document
Deed $243,400 None Available
Warranty Deed $115,000 First American Title Ins Co
Interfamily Deed Transfer -- None Available
Deed $132,000 --
Deed -- --
Deed $119,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $182,550 New Conventional
Previous Owner $182,550 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2024 09/13/24 Sold $410,000 -4.5% $342 / Sq Ft
04/30/2024 04/30/24 For Sale $429,500 +76.5% $358 / Sq Ft
06/12/2020 06/12/20 Sold $243,400 -2.6% $203 / Sq Ft
04/15/2020 04/15/20 Pending -- -- --
03/09/2020 03/09/20 For Sale $250,000 -- $208 / 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 $6,327 $194,200 $0 $0
2024 $4,683 $171,700 $0 $0
2023 $4,460 $152,300 $0 $0
2022 $4,307 $145,100 $0 $0
2021 $5,646 $139,000 $0 $0
2020 $5,572 $134,300 $0 $0
2019 $5,520 $121,700 $0 $0
2018 $5,317 $123,400 $0 $0
2017 $5,246 $125,500 $0 $0
2016 $5,165 $109,000 $0 $0
2015 $5,169 $109,000 $0 $0
2014 $3,564 $101,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24020782

Southwestern Michigan Association of REALTORS®

APN: 11-21-7200-0004-00-4