For Sale
51545 Summit Street, Paw Paw, MI 49079
$450,000
MLS # 26018126 (Michigan Regional Information Center (MichRIC))
3 beds2 baths1,428 sqftBuilt 19500.51 acres
1 / 46
Listing Description
****OPEN MAY 31, 12-2pm****Quality all-brick ranch home on spring-fed Ackley Lake, featuring 123 feet of sandy frontage! This well-built home offers an open floor plan with exceptional lake views throughout. Upon entry, you're welcomed by an abundance of natural light streaming through a triple-pane slider in the spacious living room. Highlights include a stunning gas fireplace with stone surround, crown molding, and direct access to a meticulously crafted stone patio overlooking the water. A convenient pocket office features a built-in desk and shelving; perfect for working from home. The kitchen showcases an abundance of hickory cabinetry and granite countertops, The stainless-steel appliances include double ovens. The eat-up bar is ideal for casual dining, while the formal dining room offers generous space, beautiful wood floors, and triple-pane sliders leading to the patio and lake. All three bedrooms are generously sized and feature custom built-in wood closets and drawers.
Source: SparkMLS
About this home
3-bedroom, 2-bath, 1,428 sq ft home in Paw Paw built in 1950.
Listed at $450,000 (about $315/sq ft).
Annual property taxes run approximately $5,612 ($468/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by Indiana Michigan Power Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area1,428 sqft
Lot Size0.51 acres
Year Built1950
Stories1
Location
CityPaw Paw
MunicipalityPaw Paw Twp
Zip Code49079
CountyVan Buren
School DistrictPaw Paw
Construction & Systems
StyleRanch
ConstructionBrick
BasementSlab
Garage2 spaces
HeatingForced Air
WaterWell
SewerPublic
InteriorCeiling Fan(s), Garage Door Opener, Pantry
Sale & Financing
Listed4/26/2026
Original Price$475,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$4,988
Tax Year2025
State Equalized Value$168,800
Taxable Value$134,313
Assessed Value$138,476
Homestead (PRE)100%
Parcel #80-14-176-003-00
Source: Public Records
Legal Description
526-I 1-3-14 480-545 801-307 993-446 1427-361 1625-427 *** LOTS 3-4 & 5 BLK 6 ALSO NLY 1/2 OF LUCKY ST AS VACATED FAIRVIEW SUBDIVISION.
Property Records
USDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Jodi Noble
Jaqua, REALTORS
Frequently Asked Questions about 51545 Summit Street, Paw Paw, MI 49079
What school district is 51545 Summit Street, Paw Paw, MI 49079 in?
Per MLS# 26018126, this property is served by Paw Paw. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 26018126, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26018126, the most recent reported annual property tax for 51545 Summit Street, Paw Paw, MI 49079 is $4,988 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 51545 Summit Street, Paw Paw, MI 49079 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Indiana Michigan Power Company. Gas: Consumers Energy Company. Sewer: Public. Water: Well. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Paw Paw Twp police department or the Van Buren County sheriff's office.
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Tax Estimate
$
Annual tax$5,612
Monthly$468
Millage rate33.2493 mills
Municipality: Paw Paw Township
School district: PAW PAW PUBLIC SCHOOL DIST
County: Van Buren
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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Monthly payment$3,386
Principal & interest$2,919
Property taxes$468
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Indiana Michigan Power Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
51545 Summit Street, Paw Paw, MI 49079
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