NOT LISTED FOR SALE

227 Griffith St Saugatuck, MI 49453

Estimated Value: $1,467,759

7 Beds
7.5 Baths
3,590 Sq Ft
$409/Sq Ft Est. Value

Last Sold September 30, 2013

Last sale price $640,000 $178 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $9,820/month

105 Days on Market

Highlights

  • Indoor Spa
  • Deck
  • Whirlpool Bathtub
  • Douglas Elementary School Rated A
  • Victorian Architecture
  • 3-minute walk to Village Green Park

About This Home

As of September 2013

What was, at the turn-of-the-century, a lumbermen's boarding house, is now an elegant and charming bed and breakfast. The Inn is nestled at the foot of Hoffman Street hill on a quiet street in downtown Saugatuck. This 3,300+ sq. ft., Folk Victorian Inn has 6 guestrooms which combine the warmth and charm of antiques with modern amenities. Five of the B&B guestrooms have a queen-size bed, private bath, air conditioning, and cable TV/VCR. Additionally, the sixth guestroom has a king-size bed & whirlpool. Guests partake of evening refreshments in the comfortable common room, with a fireplace, lounge on a screened porch or enjoy a glass of wine in an outdoor hot tub. The 575 sq. ft., recently updated, one bedroom keepers apartment is at the rear area of the first floor (overlooking th e woods.) The Owner is offering a $100K second mortgage, 7%, interest only with a 5 yr. balloon, to qualified buyers with a minimum of a $100K down payment. It is offered turnkey at $650K. #SW75

Last Agent to Sell the Property

Bob Fuehr

The Inn Broker, Inc. License #6502100066 Listed on: 04/09/2013

Last Buyer's Agent

Gregg Smith

Coldwell Banker Woodland Schmidt Saugatuck License #6501364902

Coldwell Banker Woodland Schmidt Saugatuck

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,630

Year Built

  • Built in 1860

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 166 x 132
  • Fenced Yard
  • Corner Lot: Yes

Home Design

  • Victorian Architecture
  • Composition Roof
  • Rubber Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Screened Porch
  • Indoor Spa
  • Basement
  • Michigan Basement

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms | 2 Main Level Bedrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Water Softener is Owned
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,630

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Victorian
  • Stories: 2
  • Year Built: 1860
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 166 x 132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Design: Victorian
  • Tax Info:Annual Property Tax: 9630.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Additional Items:Water SoftenerOwned: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: No
  • Utilities Attached:Telephone Line: Yes
  • Additional Items:Ceiling Fans: Yes
  • Appliances Microwave: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Substructure:Michigan Basement: Yes
  • Outbuildings:Storage Shed: Yes
  • Additional Items:Whirlpool Tub: Yes
  • Additional Items:Hot Tub Spa: Yes
  • Roofing:Rubber: Yes
  • General Property Info Garage YN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer, Refrigerator, Range, Oven, Microwave, Dryer, Dishwasher
  • Interior Amenities: Ceiling Fan(s), Hot Tub Spa, Water Softener/Owned, Whirlpool Tub
  • Fireplace Features: Gas Log
  • Fireplace: No
  • Total Bedrooms: 7
  • Main Level Bedrooms: 2
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bathrooms: 8
  • Basement: Michigan Basement
  • General Property Info:Stories2: 2.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • Exterior Features: Fenced Back, Scrn Porch, Porch(es), Deck(s)
  • List Price: 650000.0
  • Lot Features: Corner Lot
  • Other Structures: Shed(s)
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Features:Deck(s): Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Features:Fenced Back: Yes
  • Exterior Features:Porch(es): Yes
  • Exterior Features:Scrn Porch: Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Window Unit(s), Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Cable Connected, Storm Sewer, Public Water, Public Sewer, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.5
  • Lot Size Area: 0.5
  • Lot Dimensions: 166 x 132
  • Lot Size Sq Ft: 21780.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9630.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2019
Sold by
Forbes Sherry and Forbes Sherry Ann
Bought by
Misterface Llc
Current Estimated Value
$1,467,759

Purchase Details

Closed on
May 1, 2015
Sold by
Sher Lis Llc
Bought by
Forbes Sherry and Stafford Lisa

Purchase Details

Listed on
Apr 9, 2013
Closed on
Sep 30, 2013
Sold by
Lemken Willa
Bought by
Sher Lis Llc
Seller's Agent
Bob Fuehr
The Inn Broker, Inc.
Buyer's Agent
Gregg Smith
Coldwell Banker Woodland Schmidt Saugatuck
List Price
$650,000
Sold Price
$640,000
Premium/Discount to List
-$10,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.02%
Original Mortgage
$390,000
Interest Rate
4.56%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 17, 1999
Sold by
Horney Jerry and Horney Nancy
Bought by
Lemken Willa
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Misterface Llc $775,000 None Available
Forbes Sherry -- None Available
Sher Lis Llc $520,000 Cfc Title Services Inc
Lemken Willa $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sher Lis Llc $390,000
Closed Misterface Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2013 09/30/13 Sold $640,000 -1.5% $178 / Sq Ft
07/23/2013 07/23/13 Pending -- -- --
04/09/2013 04/09/13 For Sale $650,000 -- $181 / Sq Ft
Source: MichRIC

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 $25,556 $588,100 $244,700 $343,400
2024 -- $496,500 $210,400 $286,100
2023 -- $418,000 $147,700 $270,300
2022 $0 $398,200 $161,200 $237,000
2021 $22,503 $378,600 $135,200 $243,400
2020 $22,503 $389,400 $135,200 $254,200
2019 $0 $334,200 $83,200 $251,000
2018 $0 $380,100 $124,800 $255,300
2017 $0 $383,000 $124,800 $258,200
2016 $0 $267,800 $118,100 $149,700
2015 -- $267,800 $118,100 $149,700
2014 -- $260,000 $50,500 $209,500
2013 -- $251,700 $228,700 $23,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 13018600

MichRIC

APN: 57-300-127-00