NOT LISTED FOR SALE

5651 Paw Paw Lake Rd Coloma, MI 49038

Paw Paw Lake Neighborhood
-- Bed
-- Bath
-- Sq Ft
5.91 Acres

Last Sold June 20, 2018

Last sale price $740,000

598 Days on Market

Highlights

  • Tennis Courts
  • 5.91 Acre Lot
  • Forced Air Heating and Cooling System
  • Outdoor Pool

About This Home

As of June 2018

ATTENTION DEVELOPERS & INVESTORS! READY FOR CONDO CONVERSION. 12 units all currently leased, 3 brick, aluminum-sided buildings. 5+ ACRES allows for 5 additional buildings to be built, for additional profits. Each rental/condo has 2 bedrooms, 2 baths, gas fireplace, central air. Tenants enjoy in-ground pool, tennis courts, deck/patio, carport. All-sports Paw Paw Lake is nearby. Positive cash flow, great opportunity to continue this perfect investment. OWNER SAYS BRING OFFERS!!

Last Agent to Sell the Property

Earl Misch

Core Real Estate, Inc. License #6501305090 Listed on: 09/09/2016

Last Buyer's Agent

Tim O'Leary

Michigan Lake & Land LLC License #6504362071

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,166

Year Built

  • Built in 1980

Lot Details

  • 5.91

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Aluminum Siding

Parking

  • 50 Parking Spaces
  • Carport

Outdoor Features

  • Outdoor Pool
  • Tennis Courts

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well

Additional Features

  • Basement Fills Entire Space Under The House
  • 5.91 Acre Lot

Community Details

  • 3 Buildings
  • 12 Units

Listing and Financial Details

  • Tenant pays for gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,166

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 775000.0
  • Number of Buildings: 3
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Total Parking Spaces: 50.0
  • General Property Info:Total Parking Spaces: 50.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Public Sewer
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:All Sports: Yes

Lot Info

  • Lot Size Acres: 5.91
  • Lot Size Area: 5.91
  • Lot Size Sq Ft: 257439.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Number of Units Total: 12

Tax Info

  • Tax Annual Amount: 18166.0
  • Tax Year: 2014

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2018 06/20/18 Sold $740,000 -40.8% --
04/30/2018 04/30/18 Pending -- -- --
09/09/2016 09/09/16 For Sale $1,250,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    Earl Misch

    Core Real Estate, Inc.

    (269) 429-8001

    1 in this area

    8 Total Sales

    Section Image

  • T

    Buyer's Agent in 2018

    Tim O'Leary

    Michigan Lake & Land LLC

    (269) 422-1111

    1 in this area

    53 Total Sales

    Tim O'Leary
    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15042380

Southwestern Michigan Association of REALTORS®

Michigan Berrien County Coloma 49038 Paw Paw Lake

5651 Paw Paw Lake Rd, Coloma, MI

This home is located at 5651 Paw Paw Lake Rd, Coloma, MI 49038 since 09 September 2016. This property was built in 1980. 5651 Paw 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.
Copyright 2025 MichRIC, LLC. All rights reserved.

Nearby Homes