309 Water St
Paw Paw, MI 49079
2 bd 1 ba 960 sqft Built 1919 Lot 8,840 sqft single_family
Most recent sale
$155,000
Jul 20, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 30, 2025 | Sold | $179,900 | MichRic |
| Jul 20, 2022 | Sold | $155,000 | Public Record |
| Jul 11, 2022 | Sold | $155,000 | MichRic |
| May 9, 2022 | Listed | $149,900 | MLS #22016823 |
| Sep 22, 2021 | Sold | $130,500 | Public Record |
| Jul 16, 2021 | Sold | $130,000 | MichRic |
| Jun 26, 2021 | Listed | $130,000 | MLS #21024822 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $43,700 | $811 |
| 2020 | — | — | $31,200 | $1,448 |
| 2019 | — | — | $31,000 | $1,355 |
| 2018 | — | — | $27,500 | $1,364 |
| 2017 | — | — | $30,200 | $1,454 |
| 2016 | — | — | $29,600 | $1,399 |
| 2015 | — | — | $29,100 | $1,393 |
| 2014 | — | — | $30,162 | $1,446 |
| 2013 | — | — | $30,000 | $1,438 |
| 2012 | — | — | $29,300 | $1,405 |
| 2011 | — | — | $30,000 | $1,367 |
| 2010 | — | — | $32,200 | $1,335 |
| 2009 | — | — | $35,900 | $1,332 |
| 2008 | — | — | $35,900 | $1,276 |
Property facts
Year built
1919
Property type
single_family
Stories
—
Beds
2
Baths
1
Living area
960 sqft
Lot size
8,840 sqft
ZIP code
49079
City
Paw Paw
Street
Water St
Coordinates
42.21402, -85.88885
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,440
Gross rental yield
11.15%
Implied cap rate
7.25%
Trend-extrapolated value
—
Frequently asked questions
When did 309 Water St last sell?
309 Water St most recently sold on Jul 20, 2022 for $155,000.
What is the current tax assessment for 309 Water St?
The most recent total assessment for 309 Water St (year 2021) is $43,700 with $811 in property tax.
How does 309 Water St's assessment compare to its last sale price?
The current assessment is 71.8% below the last sale price of $155,000.
When was 309 Water St built?
309 Water St was built in 1919.
How does 309 Water St compare to others on Water St?
We track 4 other properties on Water St. Browse the list under "Other properties on Water St" to compare beds, baths, and sale history.
What are the property facts for 309 Water St?
309 Water St is a 2 bed, 1 bath, 960 sqft, 8,840 sqft lot single_family.
Is 309 Water St a flip candidate?
No — 309 Water St does not appear in our flips dataset.
Is 309 Water St a tax-appeal candidate?
No — 309 Water St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.6%
Implied 1-yr
+2.4%
2026 Q3
$278.9K
2026 Q4
$280.5K
ZIP 49079 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Water St