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Sold for $900,000
    • $900,000

    5509 Paw Paw Lake Rd, Coloma, MI 49038

    7beds
    3,121sqft
    Single Family Residence
    Built in 1940
    0.31 Acres Lot
    $1,064,300 Zestimate®
    $288/sqft
    $3,628 Estimated rent

    Home value

    $1,064,300

    $926,000 - $1.23M

    $3,628/mo

    Zestimate® history
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    What's special

    Located on the all-sports lake of Paw Paw Lake with 78 feet of lake frontage! This property is one of a kind as it offers a main house as well as a newly updated guesthouse, perfect for extended family or generating rental income. Multiple boat slips with the newly installed dock, allows for several lake toys. Potential to sleep up to 20 people if not more with 7 bedrooms, 3 1/2 baths, and multi-level decks spread across both houses, leaves generous space for everyone. Enjoy breathtaking lake views from the large backyard or one of the many decks that overlook the water. This property has great rental history and both homes have too many updates to list them all. Check out the large attic/storage space above the garage and full basement that could be finished off or just great for storage

    Zillow last checked:

    Bought with:

    RE/MAX by the Lake

    Source: @Properties sold,MLS#: 24021853

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Refrigerator, Washer
    Features
    • Has basement: Yes
    • Has fireplace: Yes
    Interior area
    • Total structure area: 3,121
    • Total interior livable area: 3,121 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: GarageAttached
    • Has attached garage: Yes
    Features
    • Exterior features: Dock
    • On waterfront: Yes
    • Waterfront features: Waterfront, Waterfront
    • Frontage type: Waterfront
    Lot
    • Size: 0.31 Acres
    Details
    • Parcel number: 0800160030366

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Vinyl
    Condition
    • Year built: 1940

    Community & HOA

    Location
    • Region: Coloma

    Financial & listing details

    • Price per square foot: $288/sqft
    • Tax assessed value: $975,400
    • Annual tax amount: $13,093
    • Date on market: 5/18/2024

    Price history

    DateEventPrice
    5/17/2024Sold$900,000+0.1%$288/sqft
    Source: MichRIC #24021853 Report a problem
    5/5/2024Pending sale$899,000$288/sqft
    Source: MichRIC #24021853 Report a problem
    5/4/2024Listed for sale$899,000+195.7%$288/sqft
    Source: MichRIC #24021853 Report a problem
    10/12/2016Sold$304,000-7.8%$97/sqft
    Source: Public Record Report a problem
    3/16/2015Sold$329,590-24.2%$106/sqft
    Source: Public Record Report a problem
    11/12/2014Sold$435,000+42.7%$139/sqft
    Source: Public Record Report a problem
    12/23/2013Sold$304,830$98/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,093 +8.2%$487,700 +58.6%
    2024$12,099 $307,500 +18.4%
    2023-- $259,800 +9.7%
    2022$11,952 $236,800 +10%
    2021-- $215,300 -0.6%
    2020$12,222 +2.3%$216,700 +1.2%
    2019$11,946 +1.6%$214,100 +2.6%
    2018$11,764 +57.1%$208,700 -4.3%
    2017$7,487 -8.7%$218,100 -45.6%
    2016$8,201 +493.9%$400,900 +6.5%
    2015$1,381 $376,500 +2.6%
    2014-- $366,900 -2.5%
    2013-- $376,500 -5.5%
    2012-- $398,300 +53.5%
    2011-- $259,400 +4.7%
    2010-- $247,700 -6.1%
    2009-- $263,800 +43.8%
    2008-- $183,500 +4.6%
    2007-- $175,500 +4.2%
    2006-- $168,400 +64.5%
    2005-- $102,400
    Find assessor info on the county website

    Neighborhood: 49038

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    Estimated market value
    $1,064,300
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    Estimated market value
    $1,064,300

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