NOT LISTED FOR SALE

Estimated Value: $979,000 - $2,643,000

0.25 Acre
$8,351,764 Price per Acre
10,890 Sq Ft Lot

Last Sold February 26, 2016

Last sale price $457,000 $463 Per Sq Ft

Est. 357% increase in value since last sale

Current estimated payment $12,909/month

213 Days on Market

Highlights

  • Beach Access
  • No HOA
  • Level Lot
  • Saugatuck Elementary School Rated A+

About This Lot

As of February 2016

1 of 2 adjacent buildable lots on prime Compo Road South. All engineering and department approvals in place. There is currently a 2 family home on the property. Addresses are 149 & 151 Compo South. #149 can have a Mortar Rock Road address.

Last Listed By

Leslie Riback

Coldwell Banker Realty License #RES.0752954 Listed on: 12/05/2014

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,561

Year Built

  • 1910

Lot Details

  • 0.25 Acre Lot
  • Level Lot

Schools

  • Staples High School

Utilities

  • Phone Available
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association

Recreation

  • Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$5,561

Year Built

1910

Lot Details

0

Listing Details

  • Neighborhood: Compo Beach
  • Property Type: Lots and Land For Sale
  • Potential Short Sale: No
  • Public Record Living Room Sq Ft: 988
  • Remarks Public Addendum: Please see supplements for all additional information.
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Directions: At corner of Compo Road S. and Mortar Rock Road
  • Special Features: None
  • Year Built: 1910

Interior Features

  • Street Number Modifier: 149

Exterior Features

  • Waterfront Description: Beach Rights
  • Road Frontage Description: Paved Road, Municipal Street
  • Road Frontage Approximate: 47

Utilities

  • Water Source: Public Water Connected
  • Sewer: Septic
  • Utilities Available: Cable Available, Electric Available, Phone Available
  • Septic Approval: Yes
  • Septic Plan Available: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Staples
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.2500
  • Lot Description: Level Lot
  • Lot Improvements: Lot Staked
  • Lots Number Of: 1
  • Subdividable Ynu: No
  • Zoning: A

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 5561
  • Total Assessed Value: 307400
  • Mil Rate Total: 18.090
  • Assessor Parcel Number: 416508

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Staples

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2014
Closed on
Feb 29, 2016
Sold by
149-151 Compo Rd S Llc
Bought by
Bre Properties Llc
Seller's Agent
Leslie Riback
Coldwell Banker Realty
Buyer's Agent
Jillian Klaff
Coldwell Banker Realty
List Price
$525,000
Sold Price
$457,000
Premium/Discount to List
-$68,000
-12.95%
Total Days on Market
213
Current Estimated Value
$2,087,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,630,941
Avg. Annual Appreciation
18.72%

Purchase Details

Closed on
Jun 16, 2014
Sold by
Hutchinson Kathi M
Bought by
149-151 Compo Rd S Llc

Purchase Details

Closed on
Feb 28, 2005
Sold by
Burcaw Richard C
Bought by
Hutchinson Kathi M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,400
Interest Rate
5.73%

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bre Properties Llc $457,000 --
149-151 Compo Rd S Llc $750,000 --
Hutchinson Kathi M $408,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klaff Jillian $1,000,000
Previous Owner Burcaw Richard $100,001
Previous Owner Burcaw Richard $326,400
Previous Owner Burcaw Richard $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2016 02/26/16 Sold $457,000 -13.0% $463 / Sq Ft
01/27/2016 01/27/16 Pending -- -- --
12/05/2014 12/05/14 For Sale $525,000 -- $531 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $15,996 $859,100 $287,600 $571,500
2023 $15,764 $859,100 $287,600 $571,500
2022 $15,524 $859,100 $287,600 $571,500
2021 $12,252 $859,100 $287,600 $571,500
2020 $13,886 $906,200 $279,300 $626,900
2019 $15,279 $906,200 $279,300 $626,900
2018 $15,279 $906,200 $279,300 $626,900
2017 $15,279 $906,200 $279,300 $626,900
2016 $5,695 $337,800 $279,300 $58,500
2015 $5,561 $307,400 $202,400 $105,000
2014 $5,515 $307,400 $202,400 $105,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 99086332

SmartMLS

APN: WPOR-000007D-000000-000018