Gretchen Volkenstein
@properties Christie's International R.E.
(269) 466-8100
246 Total Sales
4 in Paw Paw Lake
$195K - $900K Price Range
5579 Benson Terrace Coloma, MI 49038
Paw Paw Lake AreaEstimated Value: $2,081,000 - $2,243,750
8
Beds
4
Baths
5,007
Sq Ft
$428/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
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $25,709
Year Built
- Built in 1997
Lot Details
- 26,572 Sq Ft Lot
- 123 Feet of Waterfront
- Lake Front
- 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
- 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
- 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 30, 2021
Closed on
Dec 20, 2021
Sold by
Bought by
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
$197,716
Avg. Annual Appreciation
2.04%
Purchase Details
Closed on
Feb 11, 2014
Sold by
Bought by
Purchase Details
Closed on
Apr 24, 2007
Sold by
Bought by
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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Coloma, MI
-
Gretchen Volkenstein
-
Tom Fry
Tom Fry
True Michigan Properties
(269) 468-0881
81 Total Sales
25 in Paw Paw Lake
$30K - $2.4M Price Range
-
Tammy Anders
Tammy Anders
MI Realty, A Michigan RE Co.
(269) 448-0856
249 Total Sales
1 in Paw Paw Lake
$243,500 Price
-
Jessica Steele
Jessica Steele
Berkshire Hathaway HomeServices MI
(269) 557-0630
389 Total Sales
4 in Paw Paw Lake
$118K - $190K Price Range
-
Alicia Lorenzo
Alicia Lorenzo
Compass Realty
(269) 443-1275
36 Total Sales
1 in Paw Paw Lake
$138,000 Price
-
Carla Galbraith
Carla Galbraith
Coldwell Banker Anchor R.E.
(269) 466-1827
57 Total Sales
8 in Paw Paw Lake
$6K - $560K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | First American Title | ||
| -- | None Available | ||
| $950,000 | Meridian Title Corp |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $712,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $40,989 | $1,155,300 | $0 | $0 |
| 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
-
MP
Seller's Agent in 2021
Mary Phelan
Windy Mitten Properties
-
CW
Buyer's Agent in 2021
Charlene Willmeng
American Homes Real Estate
Map
Source: MichRIC
MLS Number: 21097787
APN: 11-08-4470-0007-01-3
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.
Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.
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