NOT LISTED FOR SALE

5597 Paw Lake Rd Coloma, MI 49038

Paw Paw Lake Neighborhood

Estimated Value: $652,000 - $788,000

8 Beds
2 Baths
2,482 Sq Ft
$297/Sq Ft Est. Value

Last Sold November 12, 2020

Last sale price $500,000 $201 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $5,203/month

10 Days on Market

Highlights

  • Private Waterfront
  • Wood Flooring
  • Porch
  • Traditional Architecture
  • 2 Car Detached Garage
  • Living Room

About This Home

As of November 2020

Years ago, this was called the Brown View Resort. It has 8 bedrooms. Located in the middle of the main part of Paw Paw Lake with a southern exposure. The roof is approx 15 years old, hot water heater 2009, new well in 2000, bathrooms updated 2009, New garage door 2019. Sandy beach, stone rock wall beach side. You can put in your own seasonal dock or a permanent dock. Use it AS IS or update the whole house and make it your own cottage retreat. Large back yard and plenty of space for games lakeside. Parking for about 10 cars. The lakeside is fenced. The 2nd floor has baseboard heat. Gas FA on floors 1 & 3. Walk to the BEND for lunch or dinner. Being sold ''AS IS'' Call for your showing today.

Last Agent to Sell the Property

Patricia Hutchinson

Coldwell Banker Anchor R.E. License #6501270083 Listed on: 08/30/2020

Coldwell Banker Anchor R.E.

Last Buyer's Agent

Mario Zarantenello

Brokerworks Real Estate Group License #6506044205

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,853

Year Built

  • Built in 1900

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 278x60
  • Private Waterfront
  • 60 Feet of Waterfront

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,482 Sq Ft Home
  • 3-Story Property
  • Insulated Windows
  • Window Treatments
  • Living Room
  • Wood Flooring
  • Water Views
  • Crawl Space
  • Laundry on main level

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Water Access
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,853

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 3
  • Year Built: 1900
  • ResoPropertyType: Residential
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Flooring: Wood
  • Fireplace: No
  • Total Bedrooms: 8
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space
  • LivingArea: 2482.0
  • Window Features: Insulated Windows, Window Treatments
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 550000.0
  • Patio and Porch Features: Porch(es)
  • 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: 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: Baseboard, Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Broadband
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:Private Frontage: Yes
  • Water Fea Amenities:View: Yes

Lot Info

  • Lot Size Acres: 0.35
  • Lot Size Area: 0.35
  • Lot Dimensions: 278x60
  • Lot Size Sq Ft: 15333.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5853.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2020
Closed on
Nov 12, 2020
Sold by
Moroney Moira R and Moroney James
Bought by
King Simon and King Holly
Seller's Agent
Patricia Hutchinson
Coldwell Banker Anchor R.E.
Buyer's Agent
Mario Zarantenello
Brokerworks Real Estate Group
List Price
$600,000
Sold Price
$500,000
Premium/Discount to List
-$100,000
-16.67%
Total Days on Market
10
Current Estimated Value
$737,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,088
Avg. Annual Appreciation
8.90%
Original Mortgage
$450,000
Outstanding Balance
$404,074
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$333,014

Purchase Details

Closed on
May 19, 1992

Purchase Details

Closed on
Jan 23, 1992

Purchase Details

Closed on
Jul 25, 1986

Purchase Details

Closed on
Aug 25, 1977

Purchase Details

Closed on
Jun 1, 1975
Source: Public Records

Range of Values:

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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
King Simon $500,000 First American Title
-- $100 --
-- $130,000 --
-- $75,500 --
-- $46,400 --
-- $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Simon $450,000
Previous Owner Maroney Moira R $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2020 11/12/20 Sold $500,000 -16.7% $201 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
08/30/2020 08/30/20 For Sale $600,000 -- $242 / 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 $15,497 $487,500 $0 $0
2024 $3,468 $433,100 $0 $0
2023 $3,303 $348,500 $0 $0
2022 $2,352 $216,300 $0 $0
2021 $12,662 $252,700 $173,900 $78,800
2020 $5,835 $271,900 $0 $0
2019 $5,853 $266,400 $202,100 $64,300
2018 $5,279 $266,400 $0 $0
2017 $5,255 $276,600 $0 $0
2016 $5,189 $276,600 $0 $0
2015 $5,238 $257,100 $0 $0
2014 $1,118 $251,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2020

    Patricia Hutchinson

    Coldwell Banker Anchor R.E.

    (269) 369-2650

    129 in this area

    155 Total Sales

    Patricia Hutchinson
    Section Image
  • Mario Zarantenello

    Buyer's Agent in 2020

    Mario Zarantenello

    Brokerworks Real Estate Group

    (312) 925-8552

    2 in this area

    116 Total Sales

    Mario Zarantenello
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20029165

Southwestern Michigan Association of REALTORS®

APN: 11-08-7350-0031-00-9

Michigan Berrien County Coloma 49038 Paw Paw Lake

5597 Paw Lake Rd, Coloma, MI

This home is located at 5597 Paw Lake Rd, Coloma, MI 49038 since 30 August 2020 and is currently estimated at $737,088, approximately $296 per square foot. This property was built in 1900. 5597 Paw Lake Rd 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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