$545,000
SOLD AUG 25, 2022
3 Beds
2 Baths
1,584 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$344 Per Sq Ft

1% Below List Price

70 Days on Market

Highlights

  • Beach Access
  • Property is near public transit
  • 1 Fireplace
  • Saugatuck Elementary School Rated A+
  • Attic
  • No HOA

About This Home

As of August 2022

A perfect home with a warm and whimsical vibe, and a great investment opportunity! This 2-family home, w/a strong rental history, has been lovingly cared for by the current owner/landlord. There are 2 legal rentals, one currently rented through 6/30/22, plus a lower level "studio", perfect for an office or gym w/ added 752 SF. The larger front unit, recently rented for $2,200 per month, has 2 bedrooms, a full bathroom, living room with working fireplace and kitchen with granite counters. The private entrance to this unit is at the front of the house. The smaller unit in back with its own entrance, currently renting for $1,250 per month, has 1 bedroom, an eat-in-kitchen, and a full bathroom. The basement has a shared washer, dryer and storage. Both units have their own patio areas, and shared use of the lovely level and fenced-in backyard. A shared driveway holds 3 cars. Prefer a single family? Easy to convert to a 3BD 2BA home - see alternate floor plan concept. An incredible value on a quiet neighborhood street, just a short drive to the train station, Compo Beach, Longshore (pool, golf, tennis), and the shops and restaurants at Saugatuck Center. Recent improvements include: Lower half of sheetrock walls in basement replaced w/fiberglass product (2022), new washer & dryer in basement, new bathroom vanity & baseboard heating in back apartment (2020), new electric panel & front fence (2019), new tankless high efficiency Navien hot water heater (2018). This gem won't last!

Last Agent to Sell the Property

Kathleen O'Connell

Coldwell Banker Realty License #REB.0793895 Listed on: 05/20/2022

Coldwell Banker Realty

Last Buyer's Agent

Julie Vanderblue

Higgins Group Real Estate License #RES.0751136

Higgins Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,671

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot
  • Garden

Home Design

  • Side-by-Side
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Attic

  • Attic Floors
  • Pull Down Stairs to Attic

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Storage

Parking

  • Private Driveway
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Flood Zone Lot
  • Property is near public transit
  • Property is near a golf course

Schools

  • Saugatuck Elementary School
  • Bedford Middle School
  • Staples High School

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • Baseboard Heating
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Tankless Water Heater
  • Propane Water Heater

Listing and Financial Details

  • Exclusions: See Inclusion/Exclusion Addendum

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,671

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Greens Farms
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 832
  • Public Record Living Room Sq Ft: 832
  • Sq Ft Est Heated Below Grade: 752
  • Total Sq Ft: 1584
  • Year Built: 1900
  • Nearby Amenities: Commuter Bus, Golf Course, Library, Paddle Tennis, Park, Public Pool, Public Rec Facilities, Tennis Courts
  • Remarks Public Addendum: Units are also listed for rent (MLS numbers 170504047 and 170504064). Buyer did not perform, no fault of the house.
  • Property Sub Type: 2 Family
  • Exclusions: See Inclusion/Exclusion Addendum
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 1685
  • Directions: Greens Farms Road to Hale Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs, Floored
  • Basement Description: Full, Partially Finished, Heated, Storage, Sump Pump
  • Laundry Room Location: Shared washer/dryer in basement
  • Laundry Room Info: Common Laundry Area
  • Attic: Yes
  • Street Number Modifier: 19

Exterior Features

  • Exterior Features: Garden Area, Gutters, Lighting, Patio
  • Exterior Siding: Shingle, Wood
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach Rights
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Private, Paved

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard, Hot Air
  • Heat Fuel Type: Electric, Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Propane, Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Saugatuck
  • Middle School: Bedford
  • High School: Staples

Lot Info

  • Acres: 0.1200
  • Lot Description: Level Lot
  • Flood Zone: Yes
  • Zoning: A

Multi Family

  • Unit Count: 2
  • Total Multi Family: 6
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 4671
  • Total Assessed Value: 258500
  • Mil Rate Base: 18.070
  • Mil Rate Total: 18.070
  • Assessor Parcel Number: 410183

MLS Schools

  • Elementary School: Saugatuck
  • Middle Jr High School: Bedford
  • High School: Staples

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Aug 25, 2022
Sold by
Peixoto Katherine
Bought by
Miniter Griffin W
Seller's Agent
Kathleen O'Connell
Coldwell Banker Realty
Buyer's Agent
Julie Vanderblue
Higgins Group Real Estate
List Price
$550,000
Sold Price
$545,000
Premium/Discount to List
-$5,000
-0.91%
Views
3
Current Estimated Value
$687,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,257
Avg. Annual Appreciation
7.95%
Original Mortgage
$400,000
Outstanding Balance
$377,318
Interest Rate
3.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$309,939

Purchase Details

Listed on
Apr 18, 2015
Closed on
Jul 20, 2015
Sold by
Kallish Anne A
Bought by
Peixoto Katherine
Seller's Agent
Nannette Fatigate
Berkshire Hathaway NE Prop.
Buyer's Agent
Chris Titus
William Pitt Sotheby's Int'l
List Price
$475,000
Sold Price
$445,000
Premium/Discount to List
-$30,000
-6.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.89%
Original Mortgage
$408,526
Interest Rate
3.62%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $545,000 None Available
Warranty Deed $545,000 None Available
Warranty Deed $445,000 --
Warranty Deed $445,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 Purchase Money Mortgage
Closed $400,000 Purchase Money Mortgage
Previous Owner $378,213 FHA
Previous Owner $408,526 FHA
Previous Owner $673,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $326,250 No Value Available
Previous Owner $227,500 No Value Available
Previous Owner $220,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2022 11/01/22 Rented $2,500 0.0% --
10/26/2022 10/26/22 Under Contract -- -- --
10/03/2022 10/03/22 For Rent $2,500 0.0% --
08/25/2022 08/25/22 Sold $545,000 -0.9% $344 / Sq Ft
08/05/2022 08/05/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $550,000 0.0% $347 / Sq Ft
04/30/2018 04/30/18 Rented $1,800 -2.7% --
03/19/2018 03/19/18 Price Changed $1,850 -7.5% $4 / Sq Ft
01/15/2018 01/15/18 For Rent $2,000 +73.9% --
01/23/2016 01/23/16 Rented $1,150 0.0% --
12/24/2015 12/24/15 Under Contract -- -- --
12/11/2015 12/11/15 For Rent $1,150 0.0% --
07/16/2015 07/16/15 Sold $445,000 -6.3% $334 / Sq Ft
06/16/2015 06/16/15 Pending -- -- --
04/18/2015 04/18/15 For Sale $475,000 -- $357 / 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
2025 $5,170 $274,100 $168,300 $105,800
2024 $4,813 $258,500 $168,300 $90,200
2023 $4,743 $258,500 $168,300 $90,200
2022 $4,671 $258,500 $168,300 $90,200
2021 $4,671 $258,500 $168,300 $90,200
2020 $4,826 $288,800 $171,900 $116,900
2019 $9,315 $288,800 $171,900 $116,900
2018 $4,869 $288,800 $171,900 $116,900
2017 $4,869 $288,800 $171,900 $116,900
2016 $4,869 $288,800 $171,900 $116,900
2015 $4,278 $236,500 $133,100 $103,400
2014 -- $236,500 $133,100 $103,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170492996

SmartMLS

APN: WPOR-000006D-000000-000097