$392,500
SOLD JUN 30, 2025

7122 Lake Rd Coloma, MI 49038

4 Beds
2 Baths
1,800 Sq Ft
0.31 Acres

Recently Sold

$218 Per Sq Ft

29% Below List Price

328 Days on Market

Highlights

  • Private Waterfront
  • Traditional Architecture
  • Forced Air Heating System
  • Deck
  • Corner Lot: Yes

About This Home

As of June 2025

Welcome to this Lakehome on Little Paw Paw Lake! The home was recently stripped down to the studs, and the owner is working on some renovations. The home is currently unfinished and is ready for the next owner to take over and make the house their dream home!! Schedule your showing today! Tons of potential!

Last Agent to Sell the Property

Kim Bulow

Berkshire Hathaway HomeServices MI License #6501445305 Listed on: 06/21/2024

Berkshire Hathaway HomeServices MI

Last Buyer's Agent

Kim Bulow

Berkshire Hathaway HomeServices MI License #6501445305 Listed on: 06/21/2024

Berkshire Hathaway HomeServices MI

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,789

Year Built

  • Built in 2001

Lot Details

  • 0.31 Acre Lot
  • Private Waterfront
  • 119 Feet of Waterfront
  • Corner Lot: Yes

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Washer and Gas Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Water Access
  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater

Community Details

  • Property has a Home Owners Association
  • Association fees include electricity, water

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,789

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 2001
  • 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: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1800.0
  • General Property Info:Main Level Primary: No
  • Tax Info:Annual Property Tax: 1789.0
  • Waterfront Options:Water Access YN: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Waterfront Options:Water Frontage3: 119.0
  • Lot Description:Corner Lot: Yes
  • Water Heater:Natural Gas4: Yes
  • Substructure:Crawl Space: Yes
  • General Property Info:SqFt Above Grade: 1800.0
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • General Property Info Garage YN: No
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space
  • LivingArea: 1800.0
  • General Property Info:Stories2: 2.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 450000.0
  • Lot Features: Corner Lot
  • Patio and Porch Features: Deck
  • Roof: Composition
  • Water Body Name: Little Paw Paw Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

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

Fee Information

  • Association Fee Includes: Electricity, Water

Lot Info

  • Lot Size Acres: 0.31
  • Lot Size Area: 0.31
  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 13508.0

Tax Info

  • Tax Annual Amount: 1789.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2024
Closed on
Jun 30, 2025
Sold by
Wright Lowell Mark
Bought by
Messer Arthur and Messer Chiara
Seller's Agent
Kim Bulow
Berkshire Hathaway HomeServices MI
Buyer's Agent
Kim Bulow
Berkshire Hathaway HomeServices MI
List Price
$550,000
Sold Price
$392,500
Premium/Discount to List
-$157,500
-28.64%
Views
203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.32%
Original Mortgage
$274,400
Outstanding Balance
$274,400
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$130,844

Purchase Details

Closed on
Jul 8, 1997

Purchase Details

Closed on
Apr 30, 1997

Purchase Details

Closed on
Jan 13, 1997

Purchase Details

Closed on
Sep 6, 1996

Purchase Details

Closed on
Sep 15, 1993

Purchase Details

Closed on
Jul 1, 1993

Purchase Details

Closed on
Jun 23, 1993

Purchase Details

Closed on
Mar 24, 1993

Purchase Details

Closed on
Mar 17, 1993

Purchase Details

Closed on
Sep 6, 1989
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 Type Sale Price Title Company
Warranty Deed $392,500 Nations Title Company
Warranty Deed $392,500 Nations Title Company
Deed -- --
Deed -- --
Deed -- --
Deed $600 --
Deed -- --
Deed $200 --
Deed $200 --
Deed $200 --
Deed $200 --
Deed $100 --
Deed $6,600 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $274,400 New Conventional
Closed $274,400 New Conventional
Previous Owner $44,000 New Conventional
Previous Owner $40,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold $392,500 -12.8% $218 / Sq Ft
05/15/2025 05/15/25 Pending -- -- --
10/21/2024 10/21/24 Price Changed $450,000 -5.3% $250 / Sq Ft
08/16/2024 08/16/24 Price Changed $475,000 -3.1% $264 / Sq Ft
07/19/2024 07/19/24 Price Changed $490,000 -10.9% $272 / Sq Ft
06/21/2024 06/21/24 For Sale $550,000 -- $306 / 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 $14,224 $166,100 $0 $0
2024 $635 $191,500 $0 $0
2023 $605 $124,700 $0 $0
2022 $576 $109,800 $0 $0
2021 $2,835 $106,400 $57,500 $48,900
2020 $2,707 $106,900 $0 $0
2019 $3,066 $101,200 $57,500 $43,700
2018 $3,219 $101,200 $0 $0
2017 $2,355 $101,200 $0 $0
2016 $1,584 $101,200 $0 $0
2015 $1,576 $101,200 $0 $0
2014 $503 $99,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24031858

Southwestern Michigan Association of REALTORS®

APN: 11-08-6850-0009-00-0