NOT LISTED FOR SALE

3240 Silver Acres Dr Saugatuck, MI 49453

Estimated Value: $1,147,000 - $1,228,000

3 Beds
2 Baths
1,844 Sq Ft
$650/Sq Ft Est. Value

Last Sold September 15, 2015

Last sale price $581,000 $315 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $6,999/month

442 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Docks
  • Contemporary Architecture
  • Douglas Elementary School Rated A
  • Deck
  • Den

About This Home

As of September 2015

Wonderful waterfront property just bring in your boat and start enjoying. Silver Lake is perfect for boating, swimming, fishing, relaxing and sunning. Enjoy a boat ride all the way out to Lake Michigan and on the way dock in the heart of Saugatuck for a quick bite to eat. When you enter this home you will immediately notice the enticing water views and soaring ceilings. The floor plan blends nicely for entertaining and 2nd home living. Should you not be able to use your home, rent the other weeks and receive income and tax benefits. The property includes a 6 stall garage (32 x 64) with an upstairs one bedroom apartment with water views. 100' steel seawall caped with a 4' wide board walk. Phone our rental department and try this home before you buy it. ttention. Phone our rental department and try this home before you buy it.

Last Agent to Sell the Property

Laura Durham

Mill Pond Realty License #6502136214 Listed on: 05/22/2014

Last Buyer's Agent

Kevin Schippa

BHG Connections License #6506048199

BHG Connections

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,331

Year Built

  • Built in 1978

Lot Details

  • 0.62 Acre Lot
  • Lot Dimensions are 100 x 360
  • 100 Feet of Waterfront
  • Shrub
  • Garden

Parking

  • 4 Car Detached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,844 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • Living Room
  • Dining Room
  • Den
  • Ceramic Tile Flooring
  • Water Views
  • Crawl Space
  • Storm Windows

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Property is near a lake
  • Docks
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Septic Tank
  • Septic System
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,331

Year Built

Built in 1978

Lot Details

0

Parking

4

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Contemporary
  • Stories: 2
  • Year Built: 1978
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 352.44
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 100 X 360
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1844.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 4331.0
  • Waterfront Options:Water Access YN: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Waterfront Options:Water Frontage3: 100.0
  • Windows:Screens: Yes
  • General Property Info:Fireplace: No
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Additional Items:Home Warranty: Yes
  • Substructure:Crawl Space: Yes
  • Additional Items:GasWood Stove: Yes
  • Landscape:Flower Garden: Yes
  • Windows:Storms: Yes
  • General Property Info:SqFt Above Grade: 1844.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Contemporary: Yes
  • Other Equipment:Satellite Dish2: Yes
  • Flooring:Ceramic Floor: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Flooring: Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Center Island
  • Fireplace Features: Gas/Wood Stove, Other
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space
  • LivingArea: 1844.0
  • Other Equipment: Satellite Dish
  • Window Features: Storms, Screens, Window Treatments
  • General Property Info:Stories2: 2.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Center Island: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • Home Warranty: Yes
  • List Price: 649900.0
  • Patio and Porch Features: Deck, Patio
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Silver Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes
  • Patio and Porch Features:Deck(s): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Garage: Yes
  • Parking Features: Detached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Connected
  • Water Source: Well
  • Water Well: Yes
  • Heat Source:Electric2: Yes

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:View: Yes
  • Water Fea Amenities:Dock: Yes

Lot Info

  • Lot Size Acres: 0.62
  • Lot Size Area: 0.62
  • Lot Dimensions: 100 X 360
  • Lot Size Sq Ft: 27007.0

Tax Info

  • Tax Annual Amount: 4331.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2014
Closed on
Sep 15, 2015
Sold by
Borst Timothy M and Borst Victoria L
Bought by
Phelps Stephen Scott
Seller's Agent
Laura Durham
Mill Pond Realty
Buyer's Agent
Kevin Schippa
BHG Connections
List Price
$659,900
Sold Price
$581,000
Premium/Discount to List
-$78,900
-11.96%
Current Estimated Value
$1,197,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$616,872
Avg. Annual Appreciation
7.23%
Original Mortgage
$464,800
Outstanding Balance
$356,639
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$841,233
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Phelps Stephen Scott $581,000 Stewart Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phelps Stephen Scott $464,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2015 09/15/15 Sold $581,000 -12.0% $315 / Sq Ft
08/07/2015 08/07/15 Pending -- -- --
05/22/2014 05/22/14 For Sale $659,900 -- $358 / Sq Ft
Source: MichRIC

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 $9,199 $542,600 $152,500 $390,100
2024 -- $497,400 $120,000 $377,400
2023 $8,412 $438,100 $122,100 $316,000
2022 $8,137 $403,300 $115,500 $287,800
2021 $7,834 $357,000 $115,500 $241,500
2020 $7,234 $324,800 $115,500 $209,300
2019 $6,793 $314,400 $115,500 $198,900
2018 $6,793 $273,000 $115,500 $157,500
2017 $0 $257,000 $115,500 $141,500
2016 $0 $209,700 $95,000 $114,700
2015 -- $209,700 $95,000 $114,700
2014 -- $205,900 $95,000 $110,900
2013 -- $210,100 $90,000 $120,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 14027573

MichRIC

APN: 20-100-010-40