NOT LISTED FOR SALE

5576 N Watervliet Rd Unit 5 Watervliet, MI 49098

Paw Paw Lake Neighborhood

Estimated Value: $366,000 - $446,000

3 Beds
2 Baths
1,120 Sq Ft
$250/mo HOA Fee

Last Sold July 02, 2020

Last sale price $325,000 $290 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,215/month

9 Days on Market

Highlights

  • 550 Feet of Waterfront
  • Beach
  • Sun or Florida Room
  • Docks
  • Contemporary Architecture
  • 5-minute walk to Sunset Park

About This Home

As of July 2020

Life is better at the lake! Enjoy all that Paw Paw Lake has to offer this summer with care-free condo living. Over-sized screened porch/3 season sun room is perfect for entertaining and enjoying lake living. Designed for relaxed lake living this updated ranch style condo has much to offer. Open floor plan with updated kitchen featuring granite counters, stainless steel appliances and snack bar that flows into a comfortable great room. Offers 3 nice sized bedrooms, 2 baths, 1120 sf living space including the master suite facing the lake. Includes a boat slip and 1 car detached garage. Sherwood Shores assoc includes tennis court, play ground, ample parking, plenty of green space as well as a large waterfront area with swimming, 3 beach areas, and docks. 90 mins to Chicago

Last Agent to Sell the Property

Mark Wortman

@properties Christie's International R.E. License #6506044879 Listed on: 06/10/2020

@properties Christie's International R.E.

Last Buyer's Agent

Peggy Gonyon

Lake Life Realty License #6506047695

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,196

Year Built

  • Built in 1985

Lot Details

  • 550 Feet of Waterfront
  • Property fronts a private road
  • End Unit
  • Shrub

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

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

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Dining Area
  • Sun or Florida Room
  • Water Views

Kitchen

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

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Docks
  • Shared Waterfront

Location

  • Mineral Rights Excluded

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Phone Available

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer, lawn/yard care
  • Sherwood Shores Condos

Recreation

  • Beach
  • Tennis Courts
  • Community Playground
  • Recreational Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,196

Year Built

Built in 1985

Lot Details

0

HOA Fees

$250 per month

Parking

1

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1985
  • ResoPropertyType: Residential
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style:Contemporary: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer, Water Softener Owned
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Slab
  • LivingArea: 1120.0
  • Window Features: Screens, Insulated Windows, Window Treatments
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • Exterior Features: 3 Season Room
  • List Price: 325000.0
  • Lot Features: Recreational
  • Road Frontage Type: Private Road
  • 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
  • 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 Connected, Broadband
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association Amenities: Beach Area, End Unit, Pets Allowed, Playground, Tennis Court(s), Other
  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Association Info:Approx Assoc Fee2: 250.0
  • Association Info:Assoc Fee Payable: Monthly
  • Water Fea Amenities:Public Access 1 Mile or Less: Yes
  • 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
  • Assoc Amenities:Playground: Yes
  • Water Fea Amenities:Dock: Yes
  • Assoc Amenities:Beach Area: Yes
  • Assoc Amenities:Tennis Court(s)2: Yes

Fee Information

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

Lot Info

  • Lot Dimensions: 0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6196.35
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2024
Sold by
Weddle Jeremy and Zic Diana
Current Estimated Value
$412,527

Purchase Details

Listed on
Jun 10, 2020
Closed on
Jul 2, 2020
Sold by
Gibbel John and Gibbel Elly
Bought by
Rixie Gerald and Rixie Catherine
Seller's Agent
Mark Wortman
@properties Christie's International R.E.
Buyer's Agent
Peggy Gonyon
Lake Life Realty
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%

Purchase Details

Listed on
Mar 28, 2014
Closed on
Jun 30, 2014
Sold by
Grove Mark and Grove Maureen
Bought by
Gibbel John and Gibbel Kelly
Seller's Agent
Patricia Hutchinson
Coldwell Banker Anchor R.E.
Buyer's Agent
Patricia Hutchinson
Coldwell Banker Anchor R.E.
List Price
$290,000
Sold Price
$285,000
Premium/Discount to List
-$5,000
-1.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.21%

Purchase Details

Closed on
May 25, 2007
Sold by
Lusk Richard and Lusk Belinda
Bought by
Grove Mark and Grove Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 2004
Sold by
Bulthuis Denise
Bought by
Lusk Richard and Lusk Belinda

Purchase Details

Closed on
Apr 30, 2003
Sold by
Annette Auwema Living Trust
Bought by
Bulthuis Denise

Purchase Details

Closed on
Oct 19, 1992

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 Buyer Sale Price Title Company
-- -- None Listed On Document
Rixie Gerald -- Fat
Gibbel John $285,000 First American Title
Grove Mark $290,000 None Available
Lusk Richard $232,000 Meridian Title Corp
Bulthuis Denise $190,000 Chicago Title
-- -- --
-- $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rixie Gerald $236,250
Previous Owner Grove Mark $231,000
Previous Owner Grove Mark $232,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2020 07/02/20 Sold $325,000 0.0% $290 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $325,000 +14.0% $290 / Sq Ft
06/30/2014 06/30/14 Sold $285,000 -1.7% $254 / Sq Ft
06/30/2014 06/30/14 Pending -- -- --
03/28/2014 03/28/14 For Sale $290,000 -- $259 / 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 $8,003 $200,700 $0 $0
2024 $5,971 $177,100 $0 $0
2023 $5,687 $158,200 $0 $0
2022 $5,490 $150,600 $0 $0
2021 $7,142 $144,300 $0 $0
2020 $6,262 $144,500 $0 $0
2019 $6,196 $131,300 $0 $0
2018 $6,034 $136,500 $0 $0
2017 $5,953 $138,900 $0 $0
2016 $5,860 $118,400 $0 $0
2015 $5,884 $118,400 $0 $0
2014 $3,869 $110,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Wortman

    Seller's Agent in 2020

    Mark Wortman

    @ Properties

    (269) 876-2929

    23 in this area

    417 Total Sales

    Mark Wortman
    Section Image

  • P

    Buyer's Agent in 2020

    Peggy Gonyon

    Lake Life Realty

    (269) 445-8876

    1 in this area

    81 Total Sales

    Peggy Gonyon
    Section Image

  • l

    Buyer's Agent in 2020

    lifePeggy Gonyon

    Berkshire Hathaway HomeServices Michigan Real Estate

  • P

    Seller's Agent in 2014

    Patricia Hutchinson

    Coldwell Banker Anchor R.E.

    (269) 369-2650

    127 in this area

    153 Total Sales

    Patricia Hutchinson
    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20021200

Southwestern Michigan Association of REALTORS®

APN: 11-21-7200-0005-00-1

Michigan Berrien County Watervliet 49098 Paw Paw Lake

5576 N Watervliet Rd Unit 5, Watervliet, MI

This home is located at 5576 N Watervliet Rd Unit 5, Watervliet, MI 49098 since 10 June 2020 and is currently estimated at $412,527, approximately $368 per square foot. This property was built in 1985. 5576 N Watervliet Rd Unit 5 is a home located in Berrien County with nearby schools including North Elementary School, South Elementary School, and Watervliet Middle 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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