NOT LISTED FOR SALE

5591 Red Arrow Hwy Coloma, MI 49038

Estimated Value: $224,000 - $266,000

2 Beds
1 Bath
1,515 Sq Ft
$163/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $124,900 $82 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $1,510/month

124 Days on Market

Highlights

  • Guest House
  • Deck
  • 2 Car Detached Garage
  • 1.75 Acre Lot
  • Wood Flooring
  • Porch

About This Home

As of December 2018

2 bed 1 bath bungalow with (24x30)detached garage, income producing apartment along with an additional detached(22x25)garage and fenced in dog area, all sitting on a beautiful 1.75 acres.
Home has had some updates including: newer Quartz kitchen counter tops, newer cabinets and appliances, Travertine tile flooring throughout kitchen and bathroom, and newer hardwood flooring in living room. Partly finished full basement with 2 additional rooms with closets that have been used as bedrooms. Apartment is above the 24 X 30 garage and tenant pays $550 a month.
Conveniently located just minutes from Coloma H.S and downtown Coloma.

Last Agent to Sell the Property

Jim Cottier

Tala Real Estate License #6502123010 Listed on: 07/18/2018

Co-Listed By

Stephanie Cottier

Tala Real Estate License #6501384842

Last Buyer's Agent

Sharon Halliburton

American Homes Real Estate License #6502328084

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,600

Year Built

  • Built in 1940

Lot Details

  • 1.75

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1-Story Property
  • Insulated Windows
  • Living Room
  • Dining Area
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Septic System
  • Cable TV Available

Additional Features

  • 1.75 Acre Lot
  • Guest House

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,600

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1940
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: irregular
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1515.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1600.0
  • Waterfront Options:Water Access YN: No
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Cable: Yes
  • Util Avail at Street:Cable2: Yes
  • Windows:Insulated Windows: Yes
  • General Property Info:Fireplace: No
  • Appliances Microwave: Yes
  • General Property Info:SqFt Above Grade: 1105.0
  • General Property Info Garage YN: Yes
  • Flooring:Wood Floor: Yes
  • Architectural Style Bungalow: Yes
  • Other Structures:Guest House: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator, Trash Compactor
  • Flooring: Wood
  • Interior Amenities: Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 1515.0
  • Window Features: Insulated Windows
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Finished SQFT: 410.0
  • Basement Rooms:Total Basement SQFT: 1105.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Trash Compactor: Yes
  • Below Grade Sq Ft: 410.0

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 124900.0
  • Other Structures: Guest House
  • Patio and Porch Features: Deck, Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): Yes

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

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Cable Connected
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 1.75
  • Lot Size Area: 1.75
  • Lot Dimensions: irregular
  • Lot Size Sq Ft: 76230.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1600.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2018
Closed on
Dec 21, 2018
Sold by
Jones Deborah Lynn
Bought by
Germann Michele L
Seller's Agent
Jim Cottier
Tala Real Estate
Buyer's Agent
Sharon Halliburton
American Homes Real Estate
List Price
$149,900
Sold Price
$124,900
Premium/Discount to List
-$25,000
-16.68%
Current Estimated Value
$247,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,435
Avg. Annual Appreciation
10.75%
Original Mortgage
$122,637
Interest Rate
4.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 10, 2011
Sold by
Jones Timothy Holland
Bought by
Jones Deborah Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,500
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2010
Sold by
Jones Timothy H and Davis Deborah L
Bought by
Jones Timothy H and Jones Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,500
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2004
Sold by
Davis John R
Bought by
Davis Deborah L

Purchase Details

Closed on
Jan 23, 2003
Sold by
Davis John R and Davis Deborah L
Bought by
Davis Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,500
Interest Rate
6.13%
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Germann Michele L $124,900 First American Title
Jones Deborah Lynn -- None Available
Jones Timothy H -- Chicago Title Of Michigan
Davis Deborah L -- --
Davis Deborah L -- Chicago Title Of Mi Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Germann Michele L $122,500
Closed Germann Michele L $122,637
Closed Germann Michele L $122,637
Previous Owner Jones Timothy H $110,500
Previous Owner Jones Timothy H $108,000
Previous Owner Jones Timothy H $20,139
Previous Owner Jones Timothy H $7,000
Previous Owner Jones Timothy H $86,900
Previous Owner Davis Deborah L $63,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2018 12/28/18 Sold $124,900 -16.7% $82 / Sq Ft
11/19/2018 11/19/18 Pending -- -- --
07/18/2018 07/18/18 For Sale $149,900 -- $99 / 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 $2,059 $110,900 $0 $0
2024 $754 $101,100 $0 $0
2023 $718 $90,800 $0 $0
2022 $1,916 $81,100 $0 $0
2021 $1,894 $71,200 $9,900 $61,300
2020 $1,910 $60,700 $0 $0
2019 $1,918 $61,300 $9,900 $51,400
2018 $1,647 $61,300 $0 $0
2017 $1,634 $61,300 $0 $0
2016 $1,601 $60,000 $0 $0
2015 $1,591 $60,000 $0 $0
2014 $580 $53,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Cottier

    Seller's Agent in 2018

    Jim Cottier

    Tala Real Estate

    (269) 252-2714

    24 in this area

    56 Total Sales

    Jim Cottier
    Section Image

  • S

    Seller Co-Listing Agent in 2018

    Stephanie Cottier

    Tala Real Estate

    (269) 468-7901

    24 in this area

    63 Total Sales

    Stephanie Cottier
    Section Image

  • S

    Buyer's Agent in 2018

    Sharon Halliburton

    American Homes Real Estate

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18034030

Southwestern Michigan Association of REALTORS®

APN: 11-08-0030-0020-12-9

Michigan Berrien County Coloma 49038

5591 Red Arrow Hwy, Coloma, MI

This home is located at 5591 Red Arrow Hwy, Coloma, MI 49038 since 18 July 2018 and is currently estimated at $247,335, approximately $163 per square foot. This property was built in 1940. 5591 Red Arrow Hwy 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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