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Berrien 49038
5500 Meadow Lane
$350,900
● House - Off Market

5500 Meadow Lane

Coloma, MI 49038
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,689 Ft²
$472,994
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

This graceful home shows pride of ownership around every curve where no expense was spared. Every day will be a staycation, with everything you desire. Peaceful, privacy, nature, convenience, room to roam, entertain or room guests. With 2,689 sq ft of living space the main floor boasts a mstr bedroom/full bath, haklf bath, and second bedroom. The kitchen is roomy has lots of storage, stainless steel appliances and an adorable window seat. The main floor has an open flow which is perfect when enjoying the AMAZING back yard. Pool, cabana, terraced stone wall, beautiful privacy fencing. The clear, cool water of the pool beckons you on these hot days. Lower level walk out has 2 more bedrooms, full bath, and rec room with fireplace. Guests will love this area. This home is a must on your list.
Unit Size
2,689 Ft²
Days on Market
-
Land Size
0.82 acres
Price per sqft
$130
Property Type
House
Property Taxes
$278
HOA Dues
$17
Year Built
2002

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 3 years ago (MichRIC MLS #20031951)

Price History

Date / Event Date Event Price
Oct 1, 2020 Sold
Premium
Sold
Aug 5, 2020 Listed by RE/MAX by the Lake $349,900
Listed by RE/MAX by the Lake

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,432
  • Garage Type: 7
  • Garage Square Area: 800
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 35,589
  • Total Building Area: 1,432
  • Building Area: 1,432
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,432
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROLLING MEADOWS CONDO
  • Land Acres: 0000000817
  • Standard Land Use Code: 1004
  • County Land Use Code: 401
  • Legal Description 1: UNIT 8 ROLLING MEADOWS CONDOMINIUM LIBER 128 PAGE 1

Neighborhood

  • School District Name: Coloma Community Schools
  • School Tax School District: COLOMA
  • Census Tract: 010201

Zoning

  • Zoning: R-1A

Geography

  • Assessors Map Reference: 031-3
  • District: 08
  • Parcel: 08-6800-0008-00-7
  • Municipality: COLOMA TWP
  • Latitude: 42.1594
  • Longitude: -86.3253

    Address

  • Full Address: 5500 Meadow Ln
  • Legal Unit: 8
  • Address - House Number: 5500
  • Address - Street Name: Meadow
  • Address - Suffix Type: Ln
  • State: MI
  • City Name: Coloma
  • Carrier Code: R001
  • 4-Digit Zip Code: 8972
  • Zip Code: 49038

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $195,935
  • Initial Tax Delinquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.1985
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 73
  • Final Value: 444,950
  • High Value: 533,275
  • Low Value: 356,625

    Market Valuation

  • Market Total Value: $417,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $208,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 23, 2020
  • Current Sale Recording Date: Oct 01, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Oct 01, 2020
  • Previous Sale Amount: $350,900
  • 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 Berrien

Stats & Trends

Median Asking:

$324,900

Sale Price/ft²

$185

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2016 ft²

Average Home Age

59.8 years

Currently For Sale

589 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

Rentals Near You

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MichRIC

Listed by: Michael Bingaman, RE/MAX by the Lake
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 20031951
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 5500 Meadow Lane built and last sold?
The property at 5500 Meadow Lane was built in 2002 and last sold on Sep 23, 2020 for $350,900.
How much is this home worth?
The estimated value of the home located at 5500 Meadow Lane is $0.
What are some comparable homes to 5500 Meadow Lane?
There are currently no comparable homes to 5500 Meadow Lane.
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