For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Paw Paw Lake 49038
4535 Douglas Terrace Terrace
$143,000
● House - Off Market

4535 Douglas Terrace Terrace

Coloma, MI 49038
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,800 Ft²
$204,907
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

Easy Showing of this lovely home has been well taken care of. It has Country Charm, yet it's near the city. It's a Golfer's & inland lake lover's paradise. Situated on the backside of Paw Paw Lake Golf Course, with Paw Paw Lake at the end of the street. Boat access just blocks away. New roof 2018. Main level master w/ walk in closet. Remodeled main floor bathroom w/ heated ceramic tile floors. Many windows replaced. Wooden staircase takes you up to 3 bedrooms & a full bath. A Generous living room sits next to a bright dining room that's flooded w/ Morning & evening sun. Mud room & Laundry off the modern kitchen. Out back is a 20 x 16 patio surrounded by a lush green lawn. The Architectural charm throughout this home, compliments the modern decor and tasteful updates. Home warranty
Unit Size
1,800 Ft²
Days on Market
112 days
Land Size
0.58 acres
Price per sqft
$78
Property Type
House
Property Taxes
$158
HOA Dues
-
Year Built
1950

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 8 months ago (MichRIC MLS #19026223)

Price History

Date / Event Date Event Price
Oct 9, 2019 Sold
Premium
Sold
Jun 11, 2019 Listed by Jaqua Realtors $139,900
Listed by Jaqua Realtors

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 575
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,439
  • Lot Size Depth Feet: 1,865
  • Lot Size Frontage Feet: 1,365
  • Total Building Area: 1,484
  • Building Area: 1,484
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,484
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DOUGLAS VIEW
  • Land Acres: 0000000584
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOTS 1,2,3,4 & 5 BLK C DOUGLAS VIEW ALSO THAT PART OF THE VACATED ALLEY LYING ELY OF SD LOTS 5 & 4 ALSO THE NORTH HALF OF

Neighborhood

  • School District Name: Coloma Community Schools
  • School Tax School District: COLOMA
  • Census Tract: 010202

Zoning

  • Zoning: R-1B

Geography

  • Assessors Map Reference: 021-2
  • District: 08
  • Parcel: 08-1650-0003-00-1
  • Block: C
  • Lot: 1-5
  • Municipality: COLOMA TWP
  • Latitude: 42.194
  • Longitude: -86.2868

    Address

  • Full Address: 4535 Douglas Ter
  • Address - House Number: 4535
  • Address - Street Name: Douglas
  • Address - Suffix Type: Ter
  • State: MI
  • City Name: Coloma
  • Carrier Code: R005
  • 4-Digit Zip Code: 9520
  • Zip Code: 49038

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $78,823

    Appraisal Valuation

  • Standard Deviation: 0.3113
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 37
  • Final Value: 129,227
  • High Value: 169,466
  • Low Value: 88,987

    Market Valuation

  • Market Total Value: $181,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 30, 2019
  • Current Sale Recording Date: Oct 09, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Oct 09, 2019
  • Previous Sale Amount: $143,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Paw Paw Lake

Stats & Trends

Median Asking:

$334,900

Sale Price/ft²

$213

Below Asking

0.03%

Average Days on Market

57

Average Home Size

1866 ft²

Average Home Age

57 years

Currently For Sale

22 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 381 Timber Drive, Coloma, MI, 49038

$2,800 /mo

  • 4 Beds
  • 3 Baths
  • 2,675 ft²
381 Timber Drive, Coloma, MI, 49038 Listing by Cheyenne Marlin
Unit for rent at 7279 Sylvester, Coloma, MI, 49038

$1,750 /mo

  • 2 Beds
  • 1 Bath
  • 750 ft²
7279 Sylvester, Coloma, MI, 49038 Listing by Courtney Ertman

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Jennifer Avery, Jaqua Realtors
Last Updated: 8 months ago
Data Source: MichRIC, MLS# 19026223
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 4535 Douglas Terrace built and last sold?
The property at 4535 Douglas Terrace was built in 1950 and last sold on Sep 30, 2019 for $143,000.
How much is this home worth?
The estimated value of the home located at 4535 Douglas Terrace is $0.
What are some comparable homes to 4535 Douglas Terrace?
There are currently no comparable homes to 4535 Douglas Terrace.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Coloma Homes for Sale
Coloma Houses for Sale
Coloma Condos for Sale
Coloma Multifamily for Sale
Coloma Land for Sale
Coloma Commercial for Sale
Coloma Homes with Basements
Coloma Homes with Pools
Nearby Cities
Paw Paw Lake Homes for Sale
Lake Michigan Beach Homes for Sale
Watervliet Homes for Sale
Benton Heights Homes for Sale
Nearby Property Records
Van Buren County, MI Property Records
Cass County, MI Property Records
Berrien County, MI Property Records
Allegan County, MI Property Records
St. Joseph County, IN Property Records
Kalamazoo County, MI Property Records
St. Joseph County, MI Property Records
Elkhart County, IN Property Records
Nearby Counties
Benton Homes for Sale
Watervliet Homes for Sale
Hagar Homes for Sale
Covert Homes for Sale
Watervliet Homes for Sale
Bainbridge Homes for Sale
Top Real Estate Agents
Top Agents in Coloma
Top Agents in 49022
Top Agents in Benton
Top Agents in 49038
Top Agents in 49098
Top Agents in Paw Paw Lake
Top Agents in Watervliet
Top Agents in Hagar