M
Seller's Agent in 2021
Mary Phelan
Windy Mitten Properties
5579 Benson Terrace Coloma, MI 49038
Estimated Value: $1,976,225 - $2,437,000
8
Beds
4
Baths
5,007
Sq Ft
$451/Sq Ft
Est. Value
Highlights
- 123 Feet of Waterfront
- In Ground Pool
- Recreation Room
- Indoor Spa
- Family Room with Fireplace
- Traditional Architecture
About This Home
As of December 2021Beautiful 8 bed, 4 bath home in coveted Ellinee Bay on Paw Paw Lake. Five-thousand plus sqft home sits on over half an acre, with 123' feet of lake frontage. Swim, fish, and dock your boat from the permanent pier or lounge on the expansive patio next to the inground pool. Open the fence gate and step onto the sand to launch your kayak or paddleboard. Patio has an inground hot tub, firepit, and outdoor living room area complete with fireplace. Gas torches on the pool deck and the pool cover are operated with the touch of a button. Inside bar features a true commercial bar fridge and commercial ice maker along with a 5 zone Sonos audio system. Two laundry areas, each with a washer and dryer, makes drying beach towels convenient. This home features a circular drive with more than ample parking, large detached 2 car garage with 2nd floor storage area, a fenced and professionally landscaped yard. Roof redone in 2008, commercial-grade appliances, all new LVP flooring throughout, and newer LED lighting. Master and upstairs bedrooms redone in 2018. Home is being sold turn-key; all furniture, etc. stays including a wakeboard/ski boat and a pontoon boat.
Way too many features to list!
Last Agent to Sell the Property
Mary Phelan
Windy Mitten Properties License #6501414128 Listed on: 07/30/2021
Last Buyer's Agent
Charlene Willmeng
American Homes Real Estate License #6506043991
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $25,709
Year Built
- Built in 1997
Lot Details
- 0.61 Acre Lot
- 123 Feet of Waterfront
- Back Yard Fenced
Parking
- 2 Car Garage
Home Design
- Traditional Architecture
- Vinyl Siding
Interior Spaces
- 5,007 Sq Ft Home
- 2-Story Property
- Wet Bar
- Window Treatments
- Family Room with Fireplace
- 2 Fireplaces
- Living Room
- Dining Area
- Recreation Room
- Bonus Room
- Sun or Florida Room
- Indoor Spa
- Crawl Space
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 8 Bedrooms | 4 Main Level Bedrooms
- 4 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- In Ground Pool
- Water Access
- Property is near a lake
- Patio
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Radiant Heating System
- Hot Water Heating System
- Well
- Cable TV Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 30, 2021
Closed on
Dec 20, 2021
Sold by
Aiello Salvatore J and Aiello Kari E
Bought by
Bertuca Theodore Francis and Constance Anne Bertuca 2020 Gst Exempt F
Seller's Agent
Mary Phelan
Windy Mitten Properties
Buyer's Agent
Charlene Willmeng
American Homes Real Estate
List Price
$2,995,000
Sold Price
$1,950,000
Premium/Discount to List
-$1,045,000
-34.89%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,408
Avg. Annual Appreciation
3.65%
Purchase Details
Closed on
Feb 11, 2014
Sold by
Aiello Salvatore J and Aiello Kari
Bought by
The Sam & Kari Aiello Family Revocable T
Purchase Details
Closed on
Apr 24, 2007
Sold by
Baiers Nancy S and Nancy S Baiers Living Trust
Bought by
Aiello Salvatore J and Aiello Kari
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bertuca Theodore Francis | -- | First American Title | |
| The Sam & Kari Aiello Family Revocable T | -- | None Available | |
| Aiello Salvatore J | $950,000 | Meridian Title Corp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Aiello Salvatore J | $712,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/20/2021 12/20/21 | Sold | $1,950,000 | -34.9% | $389 / Sq Ft |
| 11/30/2021 11/30/21 | Pending | -- | -- | -- |
| 07/30/2021 07/30/21 | For Sale | $2,995,000 | -- | $598 / Sq Ft |
Source: MichRIC
Tax History Compared to Growth
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 | $39,936 | $1,118,500 | $0 | $0 |
| 2024 | $9,014 | $995,600 | $0 | $0 |
| 2023 | $8,150 | $791,700 | $0 | $0 |
| 2022 | $7,762 | $713,700 | $0 | $0 |
| 2021 | $25,628 | $662,300 | $388,800 | $273,500 |
| 2020 | $25,633 | $666,600 | $0 | $0 |
| 2019 | $25,609 | $638,200 | $388,800 | $249,400 |
| 2018 | $23,125 | $638,200 | $0 | $0 |
| 2017 | $23,016 | $676,000 | $0 | $0 |
| 2016 | $22,715 | $676,000 | $0 | $0 |
| 2015 | $22,676 | $638,300 | $0 | $0 |
| 2014 | $5,052 | $619,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
C
Buyer's Agent in 2021
Charlene Willmeng
American Homes Real Estate
Map
Source: MichRIC
MLS Number: 21097787
APN: 11-08-4470-0007-01-3
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