NOT LISTED FOR SALE

Estimated Value: $1,508,000 - $2,035,000

4 Beds
2 Baths
2,177 Sq Ft
$773/Sq Ft Est. Value

Last Sold August 28, 2017

Last sale price $765,000 $351 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $9,714/month

49 Days on Market

Highlights

  • Water Views
  • Beach Access
  • Home fronts a sound
  • King's Highway Elementary School Rated A+
  • Golf Course Community
  • Deck

About This Home

As of August 2017

Have you ever dreamed of living in a private water community just steps to the water? Now is your chance to make that dream come true! This 4 bedroom/2 bath Contemporary on Saugatuck Island is waiting for you to make it your own. The main level consists of a living room w/fireplace and sliders to one of the decks, spacious bedroom with full bath, laundry and a large heated space perfect for a studio or workshop. The second level has 3 more bedrooms and full bath, family room with vaulted ceiling and skylights, kitchen w/breakfast bar and dining area with sliders to a huge deck. There is an outdoor shower and enough parking for large summer parties! Walk to the beach and enjoy the summer breezes and sunsets!

Last Agent to Sell the Property

Chris Titus

William Pitt Sotheby's Int'l License #RES.0769718 Listed on: 06/28/2017

Last Buyer's Agent

Cheryl Eldh

Berkshire Hathaway NE Prop. License #RES.0205529

Berkshire Hathaway NE Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,931

Year Built

  • Built in 1964

Lot Details

  • 9,583 Sq Ft Lot
  • Home fronts a sound
  • Level Lot

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Concrete Siding
  • Vertical Siding
  • Block Exterior

Interior Spaces

  • 2,177 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Thermal Windows
  • French Doors
  • Water Views
  • Storm Windows

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Parking

  • 1 Car Garage
  • Attached Carport
  • Parking Deck
  • Unpaved Parking

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Balcony
  • Deck
  • Shed
  • Rain Gutters

Location

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

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Hot Water Circulator

Community Details

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Additional Features

  • Property has a Home Owners Association
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,931

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Neighborhood: Saugatuck Island
  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Contemporary
  • Sq Ft Est Heated Above Grade: 2177
  • Public Record Living Room Sq Ft: 2177
  • Total Sq Ft: 2177
  • Year Built: 1964
  • Nearby Amenities: Golf Course, Library, Park, Playground/Tot Lot, Pool, Public Transportation, Shopping/Mall, Tennis Courts
  • Association Amenities: Golf Course, Park, Playground/Tot Lot, Pool, Tennis Courts
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 4760
  • Directions: Harbor Road to Island Way. While bridge is under repair, go right on Canal around to Ostend (Island Way).
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Pull-Down Stairs, Storage Space
  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
  • Laundry Room Location: Main
  • Attic: Yes
  • Street Number Modifier: 31

Exterior Features

  • Exterior Features: Balcony, Deck, French Doors, Gutters, Shed
  • Exterior Siding: Block, Vertical Siding, Wood
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Access, Beach Rights, L. I. Sound Frontage, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame, Block, Concrete

Garage/Parking

  • Garage Parking Info: Carport, Unpaved
  • Garages Number: 1

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Baseboard, Hot Water, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Assess Description: Balance of $12,483 - $381 paid per quarter.
  • Sewer Usage Fee Annual: 381

Condo/Co-op/Association

  • HOA Fees: 355
  • HOA: Yes

Schools

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

Green Features

  • Energy Features: Storm Windows, Thermopane Windows

Lot Info

  • Acres: 0.2200
  • Lot Description: In Flood Zone, Level Lot, Water View, Fence - Partial, Fence - Rail
  • Zoning: A

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 8931
  • Total Assessed Value: 529700
  • Mil Rate Base: 16.860
  • Mil Rate Total: 16.860
  • Assessor Parcel Number: 413329

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2017
Closed on
Aug 29, 2017
Sold by
Reeve Jonathan J
Bought by
Franzel Jeffrey B and Franzel Joanne
Seller's Agent
Chris Titus
William Pitt Sotheby's Int'l
Buyer's Agent
Cheryl Eldh
Berkshire Hathaway NE Prop.
List Price
$825,000
Sold Price
$765,000
Premium/Discount to List
-$60,000
-7.27%
Current Estimated Value
$1,683,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$918,899
Avg. Annual Appreciation
10.18%
Original Mortgage
$500,000
Outstanding Balance
$418,985
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,264,914

Purchase Details

Listed on
Oct 7, 2015
Closed on
Mar 24, 2016
Sold by
Hauhuth Martha S
Bought by
Reeve Jonathan J
Seller's Agent
Cheryl Scott-Daniels
Cheryl Scott-Daniels Realty
Buyer's Agent
Richard Glover
Dagny's Real Estate
List Price
$825,000
Sold Price
$765,000
Premium/Discount to List
-$60,000
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$612,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
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
Franzel Jeffrey B $765,000 --
Franzel Jeffrey B $765,000 --
Reeve Jonathan J $765,000 --
Reeve Jonathan J $765,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franzel Jeffrey B $500,000
Closed Franzel Jeffrey B $500,000
Previous Owner Reeve Jonathan J $612,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2017 08/28/17 Sold $765,000 -7.3% $351 / Sq Ft
08/16/2017 08/16/17 Pending -- -- --
06/28/2017 06/28/17 For Sale $825,000 +7.8% $379 / Sq Ft
03/25/2016 03/25/16 Sold $765,000 -7.3% $351 / Sq Ft View Prior Sale
02/24/2016 02/24/16 Pending -- -- --
10/07/2015 10/07/15 For Sale $825,000 -- $379 / 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 $9,439 $500,500 $372,000 $128,500
2024 $9,319 $500,500 $372,000 $128,500
2023 $9,184 $500,500 $372,000 $128,500
2022 $9,044 $500,500 $372,000 $128,500
2021 $9,044 $500,500 $372,000 $128,500
2020 $8,851 $529,700 $391,000 $138,700
2019 $8,931 $529,700 $391,000 $138,700
2018 $8,931 $529,700 $391,000 $138,700
2017 $8,931 $529,700 $391,000 $138,700
2016 $8,931 $529,700 $391,000 $138,700
2015 $11,341 $626,900 $436,700 $190,200
2014 $11,247 $626,900 $436,700 $190,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 99191415

SmartMLS

APN: WPOR-000001B-000000-000061