NOT LISTED FOR SALE

5619 Benson Terrace Coloma, MI 49038

Estimated Value: $1,232,000 - $2,106,000

5 Beds
2.5 Baths
3,301 Sq Ft
$529/Sq Ft Est. Value

Last Sold November 02, 2015

Last sale price $1,200,000 $364 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $11,812/month

89 Days on Market

Highlights

  • Private Waterfront
  • Guest House
  • Fireplace in Primary Bedroom
  • Docks
  • Cape Cod Architecture
  • Deck

About This Home

As of November 2015

This exquisite Paw Paw Lake New England style home complete with white picket fence will make your dream come true. Approximately 4.5 acres across the street is available separately. Wander down to the cozy wine tasting room complete with fireplace before heading up to the gourmet kitchen fit for a professional chef. The gourmet kitchen has a 6 burner Viking cook top in a huge island that provides a fabulous gathering hub for friends and family. Then enjoy your meal in the large dining room complete with cozy fireplace and a view of beautiful Paw Paw Lake. Snuggle up by the fireplace in the bright 2 story living room while you watch the ducks swim by and enjoy the music system. The main house boasts 2 main floor bedrooms and 3 additional bedrooms upstairs. A sandy beach, large permanent pier and gorgeous landscaping with underground sprinkling system round out the extraordinary exterior of this home. Follow the brick walkway back to the separate carriage house that includes a huge one bedroom, one bath guest suite with its own kitchen. The lower level of the carriage house includes a 2 car garage and a woodshop that would make any craftsman proud to call home. Paw Paw Lake is only 2 hours from Chicago with 950+ acres of full boating activities. There is a gas dock on the lake, golf course and a restaurant .Paw Paw Lake Yacht club holds sailing races and lessons for adults and children with membership available. Your showing is just a phone call away. Don't delay, make your appointment today.

Last Agent to Sell the Property

Patricia Hutchinson

Coldwell Banker Anchor R.E. License #6501270083 Listed on: 06/16/2015

Coldwell Banker Anchor R.E.

Last Buyer's Agent

Patricia Hutchinson

Coldwell Banker Anchor R.E. License #6501270083 Listed on: 06/16/2015

Coldwell Banker Anchor R.E.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,054

Year Built

  • Built in 2002

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 75x195x62.8x210
  • Private Waterfront
  • 72 Feet of Waterfront
  • Decorative Fence
  • Shrub
  • Level Lot
  • Sprinkler System
  • Wooded Lot
  • Garden
  • Back Yard Fenced

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Built-In Desk
  • Ceiling Fan
  • Window Treatments
  • Garden Windows
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 5 Fireplaces
  • Recreation Room with Fireplace
  • Water Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Kitchen Island
  • Snack Bar or Counter
  • Disposal

Flooring

  • Stone
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Docks
  • Deck
  • Patio
  • Shed
  • Storage Shed
  • Porch

Utilities

  • Humidifier
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Power Generator
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Air Purifier
  • Guest House

Community Details

  • Recreational Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,054

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Cape Cod
  • Stories: 2
  • Year Built: 2002
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 75x195x62.8x210
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 3301.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 4053.67
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 5.0
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Waterfront Options:Water Frontage3: 72.0
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • General Property Info:Fireplace: Yes
  • Utilities Attached:Telephone Line: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Additional Items:Humidifier: Yes
  • Landscape:Underground Sprinkler: Yes
  • Landscape:Garden Area: Yes
  • Landscape:Decor Fence: Yes
  • Additional Items:Whirlpool Tub: Yes
  • Landscape:Flower Garden: Yes
  • Appliances:Built in Oven: Yes
  • Water Heater:Electric3: Yes
  • Additional Items:Generator: Yes
  • General Property Info:SqFt Above Grade: 3017.0
  • General Property Info Garage YN: Yes
  • Fencing:Fenced Back: Yes
  • Flooring:Ceramic Floor: Yes
  • Architectural Style Cape Cod: Yes
  • Flooring Stone Floor: Yes
  • Other Equipment:Air Purifier: Yes
  • Other Structures:Storage Shed: Yes
  • Other Structures:Guest House: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Humidifier, Built in Oven, Cooktop, Disposal, Dryer, Microwave, Refrigerator, Washer, Water Softener Owned
  • Flooring: Ceramic Tile, Stone
  • Interior Amenities: Ceiling Fan(s), Broadband, Garage Door Opener, Center Island, Pantry
  • Fireplace Features: Bedroom, Formal Dining, Living Room, Primary Bedroom, Recreation Room
  • Fireplace: Yes
  • Fireplaces: 5
  • Total Bedrooms: 5
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Full
  • LivingArea: 3301.0
  • Other Equipment: Air Purifier
  • Spa Features: Whirlpool Tub
  • Window Features: Garden Window, Window Treatments
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Finished SQFT: 284.0
  • Basement Rooms:Total Basement SQFT: 936.0
  • Kitchen Features:Center Island: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Living: Yes
  • Kitchen Features:Snack Bar: Yes
  • Fireplace:Primary Bedroom: Yes
  • Kitchen Features:Desk Built-In: Yes
  • Fireplace:Rec Room: Yes
  • Appliances:Cook Top: Yes
  • Kitchen Features:Garden Window: Yes
  • Fireplace:Other Bedroom: Yes
  • Fireplace:Formal Dining: Yes
  • Appliances:Water Softener-Owned: Yes
  • Below Grade Sq Ft: 284.0

Exterior Features

  • Construction Materials: Other
  • Fencing: Fenced Back
  • List Price: 1350000.0
  • Lot Features: Level, Recreational, Wooded
  • Other Structures: Shed(s), Guest House
  • Patio and Porch Features: Deck, Patio, Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Paw Paw Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Electric: Generator
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Cable Connected
  • 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
  • Water Fea Amenities:Dock: Yes

Lot Info

  • Lot Size Acres: 0.28
  • Lot Size Area: 0.28
  • Lot Dimensions: 75x195x62.8x210
  • Lot Size Sq Ft: 12283.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4053.67
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2015
Closed on
Oct 30, 2015
Sold by
Costello Rosemarie L and Costello Russell Thomas
Bought by
Delgiudice Richard A and Delgiudice Del Giudice
Seller's Agent
Patricia Hutchinson
Coldwell Banker Anchor R.E.
Buyer's Agent
Patricia Hutchinson
Coldwell Banker Anchor R.E.
List Price
$1,350,000
Sold Price
$1,200,000
Premium/Discount to List
-$150,000
-11.11%
Current Estimated Value
$1,747,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$547,589
Avg. Annual Appreciation
1.31%
Original Mortgage
$650,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2011
Sold by
Costello Russell Thomas and Costello Rosemarie L
Bought by
Costello Rosemarie L and Costello Russell Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2006
Sold by
Costello Rosemarie L and Costello Russell Thomas
Bought by
Costello Rosemarie L and Costello Russell Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.66%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 6, 2005
Sold by
Costello Rosemarie L and Costello Russell Thomas
Bought by
Costello Rosemarie L and Costello Russell Thomas

Purchase Details

Closed on
Mar 1, 2005
Sold by
Costello Rosemarie L and Costello Russell Thomas
Bought by
Costello Russell Thomas and Costello Rosemarie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.13%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 4, 2003
Sold by
Costello R Thomas and Costello Rosemarie L
Bought by
Costello Rosemarie L and The Rosemarie L Costello Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2002
Sold by
Costello Rosemarie L and The Rosemarie L Costello Trust
Bought by
Costello R Thomas and Costello Rosemarie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving
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
Delgiudice Richard A -- First American Title
Costello Rosemarie L -- Cti
Costello Russell Thomas -- Cti
Costello Rosemarie L -- None Available
Costello Russell Thomas -- None Available
Costello Rosemarie L -- --
Costello Rosemarie L -- --
Costello Russell Thomas -- --
Costello Russell Thomas -- --
Costello Rosemarie L -- --
Costello R Thomas -- --
Costello R Thomas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giudice Richard A Del $548,250
Closed Delgiudice Richard A $650,000
Previous Owner Costello Russell Thomas $575,000
Previous Owner Costello Rosemarie L $100,000
Previous Owner Costello Russell Thomas $625,000
Previous Owner Costello Russell Thomas $100,000
Previous Owner Costello Russell Thomas $540,800
Previous Owner Costello Rosemarie L $195,000
Previous Owner Costello R Thomas $309,000
Previous Owner Costello R Thomas $90,000
Previous Owner Costello R Thomas $310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2015 11/02/15 Sold $1,200,000 -11.1% $364 / Sq Ft
09/13/2015 09/13/15 Pending -- -- --
06/16/2015 06/16/15 For Sale $1,350,000 -- $409 / 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 $27,700 $864,000 $0 $0
2024 $6,240 $755,000 $0 $0
2023 $5,943 $600,200 $0 $0
2022 $5,660 $523,400 $0 $0
2021 $25,040 $503,800 $222,200 $281,600
2020 $25,476 $507,100 $0 $0
2019 $25,413 $484,400 $222,200 $262,200
2018 $24,810 $484,400 $0 $0
2017 $25,295 $525,100 $0 $0
2016 $25,187 $525,100 $0 $0
2015 $4,237 $400,800 $0 $0
2014 $1,444 $383,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15031442

Southwestern Michigan Association of REALTORS®

APN: 11-08-4470-0002-01-1