NOT LISTED FOR SALE

8556 Lake Ave Watervliet, MI 49098

Estimated Value: $535,000 - $724,000

3 Beds
2 Baths
1,359 Sq Ft
$470/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $553,000 $407 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,744/month

130 Days on Market

Highlights

  • Private Waterfront
  • Screened Porch
  • Patio
  • Docks
  • 3 Car Detached Garage
  • 1-minute walk to Sunset Park

About This Home

As of September 2023

This 3-bedroom, 2-bath ranch home on Paw Paw Lake offers stunning waterside and sunset views. Enjoy the refreshing southwesterly breeze and the soothing sound of water splashing on the steel break wall by opening the windows. The spacious living area includes a dining section, and the kitchen boasts ample cabinets and a snack bar for easy serving. Relax on the screened porch or take in the view from the patio and permanent dock. The property also features a 3-car garage for boat storage, water toys, and parking. The home is being sold 'AS IS' and includes furniture, a Century inboard, caravan trailer, boat lift, and jet ski lift.

Last Agent to Sell the Property

Patricia Hutchinson

Coldwell Banker Anchor R.E. License #6501270083 Listed on: 05/27/2023

Coldwell Banker Anchor R.E.

Last Buyer's Agent

Lyle Hayden

Keller Williams Realty Swm License #6501398647

Keller Williams Realty Swm

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,478

Year Built

  • Built in 1950

Lot Details

  • 7,589 Sq Ft Lot
  • Private Waterfront
  • 76 Feet of Waterfront
  • Shrub
  • Level Lot
  • Back Yard Fenced

Parking

  • 3 Car Detached Garage
  • Unpaved Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,359 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Living Room
  • Dining Area
  • Screened Porch
  • Water Views

Kitchen

  • Range
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Docks
  • Patio

Utilities

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

Community Details

  • Fair View Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,478

Year Built

Built in 1950

Lot Details

0

Parking

3

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 73x45x75x67 times 2 garage lot
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1359.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 6478.0
  • Waterfront Options:Water Access YN: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Waterfront Options:Water Frontage3: 76.0
  • Util Avail at Street:Broadband: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Windows:Insulated Windows: Yes
  • General Property Info:Fireplace: No
  • Substructure:Slab: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Location Property Info:Subdivision2: Fair View
  • Water Heater:Electric3: Yes
  • Additional Items:Iron Water FIlter: Yes
  • General Property Info:SqFt Above Grade: 1359.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Fencing:Fenced Back: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Iron Water FIlter, Pantry
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Slab
  • LivingArea: 1359.0
  • Window Features: Insulated Windows, Window Treatments
  • General Property Info:Stories2: 1.0
  • Appliances Range: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Snack Bar: Yes

Exterior Features

  • Construction Materials: Brick, Wood Siding
  • Exterior Features: Scrn Porch, Other
  • Fencing: Fenced Back
  • List Price: 595000.0
  • Lot Features: Level
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Paw Paw Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Brick: Yes
  • Exterior Features:Scrn Porch: Yes
  • Exterior Features:Other16: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 3.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Dimensions: 73x45x75x67 times 2 garage lot
  • Lot Size Sq Ft: 7589.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6478.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2023
Closed on
Oct 4, 2023
Sold by
Walter B Gerhardt Sr Trust and Diane D Gerhardt Trust
Bought by
Beutel John Joseph and Beutel Elizabeth Sue
Seller's Agent
Patricia Hutchinson
Coldwell Banker Anchor R.E.
Buyer's Agent
Lyle Hayden
Keller Williams Realty Swm
List Price
$595,000
Sold Price
$553,000
Premium/Discount to List
-$42,000
-7.06%
Views
115
Current Estimated Value
$639,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,281
Avg. Annual Appreciation
8.06%
Original Mortgage
$367,000
Outstanding Balance
$360,586
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$278,695

Purchase Details

Closed on
Sep 1, 2015
Sold by
Gerhardt Walter B and Gerhardt Diane D
Bought by
Gerhardt Walter B and Walter B Gerhardt Sr Trust

Purchase Details

Closed on
Aug 18, 1995

Purchase Details

Closed on
Dec 12, 1983
Source: Public Records

Range of Values:

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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
Beutel John Joseph $553,000 None Listed On Document
Gerhardt Walter B -- Attorney
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beutel John Joseph $367,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2023 09/28/23 Sold $553,000 -7.1% $407 / Sq Ft
04/21/2023 04/21/23 For Sale $595,000 -- $438 / 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 $15,119 $342,200 $0 $0
2024 $11,456 $315,300 $0 $0
2023 $4,722 $248,000 $0 $0
2022 $4,559 $234,500 $0 $0
2021 $5,966 $230,000 $0 $0
2020 $5,887 $240,700 $0 $0
2019 $5,784 $238,800 $0 $0
2018 $5,617 $237,400 $0 $0
2017 $5,542 $239,500 $0 $0
2016 $5,456 $236,700 $0 $0
2015 $5,501 $246,400 $0 $0
2014 $3,773 $227,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23012125

Southwestern Michigan Association of REALTORS®

APN: 11-21-2220-0031-00-9