NOT LISTED FOR SALE

Estimated Value: $4,158,982 - $5,071,000

5 Beds
6.5 Baths
7,531 Sq Ft
$617/Sq Ft Est. Value

Last Sold October 04, 2022

Last sale price $3,500,000 $465 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $29,162/month

88 Days on Market

Highlights

  • Water Views
  • Beach Access
  • Deck
  • King's Highway Elementary School Rated A+
  • Colonial Architecture
  • Attic

About This Home

As of October 2022

Poised at the gateway to Saugatuck Shores and minutes from town and train, this gated waterfront estate enjoys sweeping views of the harbor. Take in fabulous sunrises, sunsets and rainbows from the rooftop deck where you have a front row seat for Westport’s Fourth of July fireworks display. Warm and inviting interiors spotlight elegant living spaces, serene water views and a state-of-the-art kosher kitchen. The primary suite boasts panoramic water views from the private balcony, a home gym, spa bathroom and sauna.

Last Listed By

Michelle Genovesi

William Raveis Real Estate License #RES.0255167 Listed on: 05/04/2022

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,422

Year Built

  • Built in 2005

Lot Details

  • 0.75 Acre Lot
  • Level Lot
  • Sprinkler System
  • Property is zoned AA

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Concrete Foundation
  • Slab Foundation
  • Frame Construction
  • Wood Shingle Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 7,531 Sq Ft Home
  • 3 Fireplaces
  • Entrance Foyer
  • Home Gym
  • Water Views
  • Attic

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows
  • Storm Doors

Parking

  • 3 Car Attached Garage
  • Parking Deck

Outdoor Features

  • Beach Access
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting

Location

  • Property is near a golf course

Schools

  • Kings Highway Elementary School
  • Coleytown Middle School
  • Staples High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Hydro-Air Heating System
  • Heating System Uses Propane
  • Power Generator
  • Propane Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Please see list on supplements.

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,422

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Neighborhood: Saugatuck Shore
  • Property Type: Single Family For Sale
  • Style: Colonial, Contemporary
  • Sq Ft Est Heated Above Grade: 7531
  • Public Record Living Room Sq Ft: 7531
  • Total Sq Ft: 7531
  • Year Built: 2005
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Park, Playground/Tot Lot, Tennis Courts
  • Exclusions: Please see list on supplements.
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 13357
  • Tax Year Updated Dt: 03/28/2022
  • Directions: Saugatuck Road to Duck Pond #15 on the left
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 11
  • Total Bedrooms: 5
  • Total Bathrooms: 7.00
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Fireplaces: 3
  • Interior Amenities: Security System
  • Appliances: Cook Top, Wall Oven, Microwave, Refrigerator, Freezer, Dishwasher, Washer, Dryer
  • Additional Rooms: Breezeway, Exercise Room, Foyer, Laundry Room
  • Laundry Room Location: 2nd floor
  • Attic: Yes
  • Street Number Modifier: 15

Exterior Features

  • Exterior Features: Balcony, Deck, Lighting, Patio, Underground Sprinkler
  • Exterior Siding: Shingle, Wood
  • Foundation Type: Concrete, Slab
  • Roof Information: Wood Shingle
  • Waterfront Description: Direct Waterfront, Frontage, Beach Rights, View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 3

Utilities

  • Cooling System: Central Air, Zoned
  • Heat Type: Hydro Air, Zoned
  • Heat Fuel Type: Propane
  • Hot Water Description: Propane
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Kings Highway
  • Middle School: Coleytown
  • High School: Staples

Green Features

  • Energy Features: Generator, Storm Doors, Storm Windows

Lot Info

  • Acres: 0.7500
  • Lot Description: Water View, Level Lot
  • Zoning: AA

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 39422
  • Total Assessed Value: 2181600
  • Mil Rate Base: 18.070
  • Mil Rate Total: 18.070
  • Assessor Parcel Number: 419067

MLS Schools

  • Elementary School: Kings Highway
  • Middle Jr High School: Coleytown
  • High School: Staples

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
Sep 2, 2022
Sold by
Penske Mark H
Bought by
Coburn Eric and Sundack Tracie
Seller's Agent
Michelle Genovesi
William Raveis Real Estate
Buyer's Agent
Kelli Roth
Coldwell Banker Realty
List Price
$3,999,000
Sold Price
$3,500,000
Premium/Discount to List
-$499,000
-12.48%
Total Days on Market
88
Views
48
Current Estimated Value
$4,649,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,149,496
Avg. Annual Appreciation
10.75%

Purchase Details

Closed on
Dec 13, 2011
Sold by
Penske Roger S
Bought by
Penske Mark H

Purchase Details

Closed on
Nov 30, 2010
Sold by
Vetruvian Group Llc
Bought by
85 Leonard Llc

Purchase Details

Closed on
Mar 12, 2004
Sold by
Ceglar Don W
Bought by
Vetruvian Grp Llc

Purchase Details

Closed on
Dec 3, 2003
Sold by
Ceglar Don W
Bought by
Vetrubian Grp Llc

Purchase Details

Closed on
May 31, 1996
Sold by
Wilson Richard
Bought by
Aglar Don

Range of Values:

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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
Coburn Eric $3,500,000 None Available
Coburn Eric $3,500,000 None Available
Penske Mark H $6,060,733 --
Penske Mark H $6,060,733 --
Penske Roger S -- --
85 Leonard Llc $3,800,000 --
85 Leonard Llc $3,800,000 --
Vetruvian Grp Llc $1,375,000 --
Vetruvian Grp Llc $1,375,000 --
Vetrubian Grp Llc $1,375,000 --
Vetrubian Grp Llc $1,375,000 --
Aglar Don $559,500 --
Aglar Don $559,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coburn Eric $2,000,000
Previous Owner Penske Mark H $1,700,000
Previous Owner Penske Mark H $417,000
Previous Owner Aglar Don $650,000
Previous Owner Aglar Don $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2022 10/04/22 Sold $3,500,000 -2.6% $465 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
07/27/2022 07/27/22 Price Changed $3,595,000 -10.1% $477 / Sq Ft
05/18/2022 05/18/22 For Sale $3,999,000 -- $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 $40,621 $2,181,600 $695,800 $1,485,800
2023 $40,032 $2,181,600 $695,800 $1,485,800
2022 $39,422 $2,181,600 $695,800 $1,485,800
2021 $39,422 $2,181,600 $695,800 $1,485,800
2020 $39,088 $2,263,500 $857,500 $1,406,000
2019 $39,196 $2,324,800 $857,500 $1,467,300
2018 $39,196 $2,324,800 $857,500 $1,467,300
2017 $39,196 $2,324,800 $857,500 $1,467,300
2016 $39,196 $2,324,800 $857,500 $1,467,300
2015 $49,066 $2,712,300 $956,000 $1,756,300
2014 $48,659 $2,712,300 $956,000 $1,756,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170477431

SmartMLS

APN: WPOR-000003A-000000-000023