NOT LISTED FOR SALE

201 Garden Terrace Unit 15 Douglas, MI 49406

Estimated Value: $497,089 - $548,000

2 Beds
2 Baths
1,296 Sq Ft
$242/mo HOA Fee

Last Sold October 21, 2019

Last sale price $322,000 $248 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,918/month

206 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Central Air
  • Douglas Elementary School Rated A
  • Attached Garage
  • Ceiling Fan

About This Home

As of October 2019

Compare units and prices. This lightly used condo offers some of the best views of the Harbor. Douglas Harbor Village allows for vacation rentals, allowing the rental guest to help off set home ownership. Current owner helped design this unit while under construction with several upgrades. This condo's kitchen will please even the pickiest chef with its gorgeous counter tops and stainless-steel appliances. Open living / dining area with stone fireplace and ambiance of the harbor views. The balcony with views is ideal for relaxing and entertaining. Condo also offers a spacious office or sitting area with sliders to a balcony. Attached one stall garage with extra storage area. Enjoy access to the association swimming pool, club house and proximity to Lake Michigan and all town activities,

Last Agent to Sell the Property

Laura Durham

Mill Pond Realty License #6502136214 Listed on: 02/23/2019

Last Buyer's Agent

William Lefley

Jaqua Realtors License #6502415318

Jaqua Realtors

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,946

Year Built

  • Built in 2005

Lot Details

  • 2.77

HOA Fees

  • $242 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 1,296 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • Garage Door Opener

Utilities

  • Central Air
  • Heating Available
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,946

Year Built

Built in 2005

Lot Details

0

HOA Fees

$242 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Contemporary
  • Stories: 1
  • Year Built: 2005
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal, Dishwasher, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Ceiling Fans, Ceramic Floor, Garage Door Opener, Wood Floor
  • Fireplace Features: Gas Log, Living
  • Fireplace: Yes
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Slab
  • LivingArea: 1296.0
  • Window Features: Screens, Insulated Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • List Price: 332900.0
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Kalamazoo River
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected, Natural Gas Connected, Cable Connected, Public Water, Public Sewer, Broadband

Condo/Co-op/Association

  • Association Fee: 242.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5946.04
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2019
Closed on
Oct 21, 2019
Sold by
Folisi Joseph C
Bought by
Leonard Ryan A and Leonard Staci L
Seller's Agent
Laura Durham
Mill Pond Realty
Buyer's Agent
William Lefley
Jaqua Realtors
List Price
$347,000
Sold Price
$322,000
Premium/Discount to List
-$25,000
-7.2%
Current Estimated Value
$524,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,022
Avg. Annual Appreciation
8.48%
Original Mortgage
$289,800
Outstanding Balance
$254,909
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$269,113

Purchase Details

Closed on
Apr 21, 2006
Sold by
Douglas Development Partners Llc
Bought by
Folisi Joseph C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,800
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac
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 Buyer Sale Price Title Company
Leonard Ryan A $322,000 Ata National Title Group Llc
Folisi Joseph C $323,500 Lighthouse Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leonard Ryan A $289,800
Previous Owner Folisi Joseph C $258,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2019 10/21/19 Sold $322,000 -7.2% $248 / Sq Ft
09/17/2019 09/17/19 Pending -- -- --
02/23/2019 02/23/19 For Sale $347,000 -- $268 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

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 $10,773 $217,200 $41,300 $175,900
2024 -- $202,300 $36,000 $166,300
2023 $10,085 $187,600 $35,000 $152,600
2022 $9,729 $166,700 $30,000 $136,700
2021 $13,455 $167,700 $30,000 $137,700
2020 $9,024 $160,600 $25,000 $135,600
2019 $0 $143,600 $25,000 $118,600
2018 $0 $129,700 $25,000 $104,700
2017 $0 $125,100 $25,000 $100,100
2016 $0 $106,900 $25,000 $81,900
2015 -- $106,900 $25,000 $81,900
2014 -- $109,700 $22,500 $87,200
2013 -- $104,200 $20,000 $84,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19006455

Southwestern Michigan Association of REALTORS®

APN: 59-120-015-00