Charles Teunis
Bellabay Realty LLC
(616) 816-4549
176 Total Sales
2 in Paw Paw Lake
$87K - $180K Price Range
5676 Clark Coloma, MI 49038
Paw Paw Lake Area
--
Bed
--
Bath
--
Sq Ft
10,454
Sq Ft Lot
Highlights
- 1 Fireplace
- High Speed Internet
- Level Lot
- Baseboard Heating
About This Home
As of September 2012What a great investment opportunity!! Wonderful 4 units Apartment house with a great view of Little Paw Paw Lake, close to the lake with an opportunity for Great Lake Fun!! Seller needs to sell and has had a lot of new updating done!! New Paint, New flooring, new fixtures!! . All of the apts. have been totally remodelled & Updated. New sewer lines; new walls, etc. Must see to appreciate. A great Investment, and a great way to have income in this economy. Don't hesitate!!3 apts. are rented out for $300.00 Mo. except unit #2 rents out for $425.00 per month, plus utilities. All of the apartments are rented..Seller pays for sewer, water & trash.Great Income property generating $1625. Mo.Income!! Priced below SEV. Don't miss this golden opportunity!!Renters are good,and pay their rent.All ne w windows,which photos,will reflect when realtor can take new picrures(just had knee replacement surgery).
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1950
Lot Details
- 10,454 Sq Ft Lot
- Lot Dimensions are 103.4 x 100
- Level Lot
Home Design
- Brick Exterior Construction
- Composition Roof
Interior Spaces
- 1 Fireplace
- Crawl Space
Parking
- 4 Parking Spaces
- Unpaved Driveway
- Unpaved Parking
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Baseboard Heating
- Separate Water Meter
- Shared Water Meter
- High Speed Internet
- Internet Available
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for electric, gas
- The owner pays for trash collection, water, sewer
Community Details
Overview
- 4 Units
Building Details
- Insurance Expense $800
- Maintenance Expense $500
- Utility Expense $1,200
- Operating Expense $2,500
- Gross Income $19,500
- Net Operating Income $17,000
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
Closed on
Jul 16, 2021
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
$76,500
Outstanding Balance
$41,678
Interest Rate
2.93%
Mortgage Type
Unknown
Purchase Details
Listed on
Jul 21, 2010
Closed on
Sep 7, 2012
Sold by
Bought by
Seller's Agent
Pat Snow
Tala Real Estate
Buyer's Agent
Mikki Swisher
American Homes Real Estate
List Price
$89,900
Sold Price
$73,000
Premium/Discount to List
-$16,900
-18.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,750
Interest Rate
3.59%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Mar 19, 2009
Sold by
Bought by
Purchase Details
Closed on
May 6, 1996
Purchase Details
Closed on
May 16, 1986
Purchase Details
Closed on
Jul 7, 1982
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Coloma, MI
-
Charles Teunis
-
Brent Hawks
Brent Hawks
Keller Williams Realty Swm
(269) 769-0814
17 Total Sales
2 in Paw Paw Lake
$275,000 Price Range
-
Ryan Servatius
Ryan Servatius
Century 21 Affiliated
(269) 468-0818
133 Total Sales
3 in Paw Paw Lake
$270K - $320K Price Range
-
Wortman Real Estate Group
Wortman Real Estate Group
@properties Christie's International R.E.
(269) 769-2290
380 Total Sales
10 in Paw Paw Lake
$210K - $1.4M Price Range
-
Laura Durham
Laura Durham
Mill Pond Realty
(616) 371-2251
174 Total Sales
2 in Paw Paw Lake
$186,500 Price Range
-
Nancy Esqueda
Nancy Esqueda
McColly Real Estate
(219) 800-2490
104 Total Sales
1 in Paw Paw Lake
$135,000 Price
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 |
|---|---|---|---|
| $90,000 | Chicago Title Of Mi Inc | ||
| $73,000 | Multiple | ||
| $46,000 | Mtc | ||
| $42,000 | -- | ||
| $100 | -- | ||
| -- | -- | ||
| -- | -- |
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 |
|---|---|---|---|
| Open | $76,500 | ||
| Previous Owner | $54,750 |
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 |
|---|---|---|---|---|
| 09/07/2012 09/07/12 | Sold | $73,000 | -18.8% | -- |
| 09/01/2012 09/01/12 | Pending | -- | -- | -- |
| 07/21/2010 07/21/10 | For Sale | $89,900 | -- | -- |
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 | $2,446 | $59,600 | $0 | $0 |
| 2025 | $2,381 | $59,900 | $0 | $0 |
| 2024 | $541 | $59,600 | $0 | $0 |
| 2023 | $515 | $49,100 | $0 | $0 |
| 2022 | $490 | $45,100 | $0 | $0 |
| 2021 | $2,120 | $43,000 | $8,400 | $34,600 |
| 2020 | $2,135 | $42,800 | $0 | $0 |
| 2019 | $2,128 | $42,500 | $8,400 | $34,100 |
| 2018 | $1,957 | $42,500 | $0 | $0 |
| 2017 | $1,948 | $42,500 | $0 | $0 |
| 2016 | $1,922 | $40,400 | $0 | $0 |
| 2015 | $1,922 | $40,400 | $0 | $0 |
| 2014 | $440 | $40,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Pat Snow
P
Seller's Agent in 2012
Pat Snow
Tala Real Estate
(269) 325-5586
38 Total Sales
-
Mikki Swisher
M
Buyer's Agent in 2012
Mikki Swisher
American Homes Real Estate
(269) 208-0133
112 Total Sales
-
M
Buyer's Agent in 2012
Michelle Swisher
American Homes Real Estate
Map
Source: MichRIC
MLS Number: 10033267
APN: 11-08-4840-0003-00-3
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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