NOT LISTED FOR SALE

3079 Lakeshore Dr Douglas, MI 49406

Estimated Value: $2,416,009 - $2,973,000

6 Beds
5.5 Baths
6,503 Sq Ft
$420/Sq Ft Est. Value

Last Sold December 09, 2020

Last sale price $2,000,000 $308 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $17,570/month

81 Days on Market

Highlights

  • Private Waterfront
  • 0.86 Acre Lot
  • Deck
  • Douglas Elementary School Rated A
  • Fireplace in Kitchen
  • Recreation Room

About This Home

As of December 2020

Lake Michigan home in great location of Saugatuck/Douglas in a coveted area on quiet Lakeshore Drive. Recent remodel including lower level finishing that now includes a bunk room and a multipurpose game/family/entertainment area. Includes a new lakeside deck at the beach. With 6,500 square feet, 5 bedrooms plus main floor office & a bunk room in the daylight lower level, you'll enjoy entertaining on this nearly one acre wooded lot close to restaurants and shops of Saugatuck and Douglas. Lake Michigan at it's finest. This home won't last long in today's market. Large circular drive and plenty of parking. Room to add pool. Rental income covers taxes and mortgage for current owners. This beautiful home is rented so can only be viewed between rentals. See additional features in attachment. since moving back to CA a few years ago, we have been renting our Douglas Lake house out quite a bit.
It's very nicely furnished (we left most of our furniture there) and we just put in new oak plank floors, but we've been surprised by how clean everything has been kept, and with minimal damage over time. I think we've had a towel bar out, a couple of plumbing issues....nothing major. The clients we attract have much to do with this. Most summers we are renting weekly to extended family groups...so, grandparents getting together their kids and grandkids. Often these are groups that fly in for one week, and often these are booked 6-9 months in advance. This year has been very different, and the rentals have been shorter term, without the extended families, and most guests come from a few hours away. We did have a family 'shelter in place' for a month this Spring.

I have been managing the bookings/approvals on the listing websites, and our rental coordinator, Karissa, has been the point of contact with guests, as well as managing the cleaning crew and all supplies, etc. at the house. She's extremely responsible and could definitely take over the booking aspect of things as well.
The house has three sets of bedding for all beds, sleeps 18+, and related has all towels, dishware, etc. for large groups.

Our net revenue (after cleaning and coordination direct labor expenses) in 2019 was over $165,000 and in 2020 through current bookings is over $200,000. While a good share of the revenue is in the summer, we have also been booking Spring, Fall, and a handful of nights each month through Winter.

Last Agent to Sell the Property

Andrea Crossman

Coldwell Banker Woodland Schmidt License #6506043931 Listed on: 08/13/2020

Coldwell Banker Woodland Schmidt

Last Buyer's Agent

Laura Durham

Mill Pond Realty License #6502136214

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,134

Year Built

  • Built in 1993

Lot Details

  • 0.86 Acre Lot
  • Lot Dimensions are 103x437x408x93
  • Private Waterfront
  • 103 Feet of Waterfront
  • Shrub
  • Sprinkler System
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding
  • Concrete Siding
  • Vinyl Siding

Interior Spaces

  • 6,503 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Gas Log Fireplace
  • Low Emissivity Windows
  • Window Treatments
  • Window Screens
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Recreation Room
  • Sun or Florida Room
  • Ceramic Tile Flooring
  • Water Views
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Water Access
  • Deck
  • Patio
  • Porch

Location

  • Mineral Rights

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,134

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1993
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 103x437x408x93
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 6503.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 45134.0
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 2.0
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Waterfront Options:Water Frontage3: 103.0
  • Util Avail at Street:Broadband: Yes
  • Windows:Low Emissivity Windows: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: Yes
  • Utilities Attached:Telephone Line: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Water Heater:Natural Gas4: Yes
  • Landscape:Underground Sprinkler: Yes
  • Substructure:Daylight: Yes
  • Mineral Rights:Yes: Yes
  • Appliances:Built in Oven: Yes
  • Additional Items:Wet Bar: Yes
  • Additional Items:Central Vacuum: Yes
  • General Property Info:SqFt Above Grade: 4503.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Flooring:Ceramic Floor: Yes
  • Security Features:Security System: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built in Oven, Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Trash Compactor, Washer
  • Flooring: Ceramic Tile
  • Interior Amenities: Broadband, Central Vacuum, Garage Door Opener, Wet Bar, Center Island, Eat-in Kitchen
  • Fireplace Features: Gas Log, Kitchen, Living Room
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6
  • Basement: Daylight, Full
  • LivingArea: 6503.0
  • Window Features: Low-Emissivity Windows, Screens, Window Treatments
  • General Property Info:Stories2: 2.0
  • Kitchen Features:Eating Area: Yes
  • Kitchen Features:Center Island: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Cook Top: Yes
  • Appliances:Trash Compactor: Yes
  • Fireplace:Kitchen: Yes

Exterior Features

  • Construction Materials: Concrete, Vinyl Siding, Wood Siding
  • List Price: 2250000.0
  • Lot Features: Wooded
  • Patio and Porch Features: 3 Season Room, Deck, Patio, Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Lake Michigan
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Concrete: Yes
  • Exterior Features 3 Season Room: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Security Features: Security System
  • Sewer: Public
  • Utilities: Phone Connected, Natural Gas Connected, Cable Connected
  • Water Source: Public

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:Private Frontage: Yes
  • Water Fea Amenities:View: Yes

Lot Info

  • Lot Size Acres: 0.86
  • Lot Size Area: 0.86
  • Lot Dimensions: 103x437x408x93
  • Lot Size Sq Ft: 37505.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 45134.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Dec 9, 2020
Sold by
Nykamp Melinda S
Bought by
Engelage Dean L and Engelage Heidi A
Seller's Agent
Andrea Crossman
Coldwell Banker Woodland Schmidt
Buyer's Agent
Laura Durham
Mill Pond Realty
List Price
$2,250,000
Sold Price
$2,000,000
Premium/Discount to List
-$250,000
-11.11%
Current Estimated Value
$2,730,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$730,670
Avg. Annual Appreciation
6.20%
Original Mortgage
$1,600,000
Outstanding Balance
$1,422,734
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$1,232,364

Purchase Details

Listed on
Mar 30, 2016
Closed on
Jun 3, 2016
Sold by
3079 Lakeshore Drive Llc
Bought by
Nykamp Melinda S and Whitehead Pamela
Seller's Agent
Arlene Philp
Harbor Shores Realty
Buyer's Agent
Andrea Crossman
Coldwell Banker Woodland Schmidt
List Price
$1,650,000
Sold Price
$1,475,000
Premium/Discount to List
-$175,000
-10.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.97%
Original Mortgage
$1,180,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 26, 2014
Sold by
Bassett M D Joseph and Bassett Ann
Bought by
3079 Lakeshore Drive Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Engelage Dean L -- Chciago Title Of Mi Inc
Nykamp Melinda S $1,475,000 Lighthouse Title Inc
3079 Lakeshore Drive Llc -- Carriage Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Engelage Dean L $1,600,000
Previous Owner Nykamp Melinda S $250,000
Previous Owner Nykamp Melinda S $1,180,000
Previous Owner 3079 Lakeshore Dr Llc $624,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2020 12/09/20 Sold $2,000,000 -11.1% $308 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $2,250,000 +52.5% $346 / Sq Ft
06/03/2016 06/03/16 Sold $1,475,000 -10.6% $328 / Sq Ft
04/16/2016 04/16/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $1,650,000 -- $366 / 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 $32,290 $1,459,300 $302,800 $1,156,500
2024 -- $1,008,500 $302,800 $705,700
2023 $57,042 $1,003,000 $302,800 $700,200
2022 $55,031 $942,900 $302,800 $640,100
2021 $75,545 $914,300 $302,800 $611,500
2020 $45,053 $799,700 $302,800 $496,900
2019 $44,409 $792,700 $302,800 $489,900
2018 $44,409 $796,300 $302,800 $493,500
2017 $0 $740,100 $302,800 $437,300
2016 $0 $572,200 $302,800 $269,400
2015 -- $572,200 $302,800 $269,400
2014 -- $510,500 $285,000 $225,500
2013 -- $477,300 $277,900 $199,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20032899

Southwestern Michigan Association of REALTORS®

APN: 59-017-098-00