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$399,000

Beds
3
Baths
2.0
sq ft
1,700

5344 Paw Paw Lake Rd, Coloma, MI 49038

5344 Paw Paw Lake Rd

Coloma Twp, MI 49038

  • 120 days on market
The Herons Nest House on Paw Paw Lake is the perfect spot for a weekend getaway or a full-time residence. Sitting on half an acre with beautiful lake views, this renovated home has plenty of charm and modern updates to offer.Recent improvements include an updated kitchen, new flooring, a finished basement, remodeled bathrooms, new sump pump, and central air. Sold turnkey including all of the furniture! Currently, being used as a successful short-term rental, so this is a property you can enjoy while also generating income.The spacious backyard has room to add a pool, making it a great place to relax and enjoy the warm Michigan summers. Whether you're looking for an investment property or a home for yourself, this place has it all.

Details

Property type

Single Family Residence

Est. home value

$327,476

Lot size

0.58 acres

Price per sq ft

$235

Year built

1960

Annual property taxes

$4,131

Price History

02/17/2025
Realcomp

Realcomp #69024056364

Listed
$399,000
11/18/2024
Realcomp

Realcomp #69024056364

Removed
$399,000
10/25/2024
Realcomp

Realcomp #69024056364

Listed
$399,000
+50.57%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Coloma

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Lakeside Bank

Loan start date

October 2020

Original loan amount

$198,750

Est. remaining balance

Not provided

Interest rate

2.86%

Loan type

Commercial

Seller

Heron S Nest Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/22/2025 at 10:45 PM

Listing updated: 02/17/2025 at 1:04 PM

Listed by: Lane Moser, Lane Moser, Ellsbury Commercial GroupEllsbury Commercial Group Phone #: (219) 200-5133

MLS: Realcomp #69024056364

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