NOT LISTED FOR SALE

332 Mary St Saugatuck, MI 49453

Saugatuck Neighborhood

Estimated Value: $379,029

-- Bed
1 Bath
635 Sq Ft
$597/Sq Ft Est. Value

Last Sold March 12, 2018

Last sale price $348,000 $548 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,481/month

100 Days on Market

Highlights

  • Water Access
  • Property fronts a channel
  • Forced Air Heating and Cooling System
  • Douglas Elementary School Rated A
  • Wooded Lot
  • 2-minute walk to Village Green Park

About This Home

As of March 2018

Three unit condominium complex being sold as one unit, one building. Successful summer rental property at VRBO 244274. Each unit has one bedroom, one bath, kitchen and appliances, wood floors, private entrances and outdoor patio space. Full basement with washer and dryer for tenant usage. Each unit comes with basic furnishings. Only 2 blocks from Butler St and 3 blocks from the river. Business available for additional $12,500. Summer rental rates $168 per night weekday and $200 per night on the weekend. See attached video walk through under PHOTO's prior to scheduling. Currently under 6 month winter least at $650 per month plus electric.

Last Listed By

Liz Engel

CENTURY 21 Affiliated License #6502381359 Listed on: 10/25/2017

CENTURY 21 Affiliated

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,938

Year Built

  • Built in 1897

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Property fronts a channel
  • Wooded Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement

Outdoor Features

  • Water Access

Utilities

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

Listing and Financial Details

  • The owner pays for water, sewer, gas

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $971
  • Maintenance Expense $6,126
  • Utility Expense $4,945
  • Operating Expense $2,688
  • Gross Income $59,471
  • Net Operating Income $37,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,938

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1897
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 348500.0
  • Lot Features: Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Kalamazoo River
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

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

Association/Amenities

  • Water Fea Amenities:Public Access 1 Mile or Less: Yes
  • Water Fea Amenities:Channel: Yes

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Gross Income: 59471.0
  • Insurance Expense: 971.0
  • Maintenance Expense: 6126.0
  • Net Operating Income: 37280.0
  • Number of Units Total: 3
  • Operating Expense: 2688.0

Tax Info

  • Tax Annual Amount: 1938.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2022
Sold by
Xu Donielle and Xu Peter
Bought by
Mcxu Properties Llc
Total Days on Market
100
Current Estimated Value
$379,029

Purchase Details

Closed on
Nov 12, 2021
Sold by
Brightside 332 Mary Llc
Bought by
Xu Peter S and Xu Donielle

Purchase Details

Listed on
Oct 25, 2017
Closed on
Mar 12, 2018
Sold by
Barbara Erhan Selim Mehmet and Barbara Kroczynksa
Bought by
332 Mary Llc
Seller's Agent
Liz Engel
CENTURY 21 Affiliated
Buyer's Agent
Liz Engel
CENTURY 21 Affiliated
List Price
$348,500
Sold Price
$348,000
Premium/Discount to List
-$500
-0.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.24%

Purchase Details

Closed on
Apr 10, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Barbara Erhan Selim Mehmet and Barbara Kroczynska

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 6, 2008
Sold by
Martin Joyce and Lake David
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Oct 25, 2001
Sold by
Kendzora Scott A and Kendzora Jolynn M
Bought by
Martin Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,800
Interest Rate
6.8%

Range of Values:

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Average Value
Not Available
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
Mcxu Properties Llc $83,000 --
Xu Peter S $425,000 Chicago Title Of Michigan In
332 Mary Llc $348,000 Ata National Title Group Llc
Federal Home Loan Mortgage Corp $103,424 None Available
Martin Joyce $113,500 Chicago Title Of Michigan In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Erhan Selim M $30,000
Previous Owner Barbara Erhan Selim Mehmet $31,500
Previous Owner Martin Joyce $103,500
Previous Owner Martin Joyce $107,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2018 03/12/18 Sold $348,000 -0.1% $548 / Sq Ft
02/02/2018 02/02/18 Pending -- -- --
10/25/2017 10/25/17 For Sale $348,500 -- $549 / 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
2024 -- $134,100 $27,800 $106,300
2023 -- $90,600 $19,500 $71,100
2022 $0 $83,000 $20,200 $62,800
2021 $3,398 $72,400 $18,400 $54,000
2020 $3,398 $74,300 $18,400 $55,900
2019 $0 $57,700 $15,600 $42,100
2018 $0 $43,300 $15,200 $28,100
2017 $0 $49,900 $22,500 $27,400
2016 $0 $49,600 $20,800 $28,800
2015 -- $49,600 $20,800 $28,800
2014 -- $42,400 $18,900 $23,500
2013 -- $34,800 $17,600 $17,200
Source: Public Records

Agents Affiliated with this Home

  • Liz Engel

    Seller's Agent in 2018

    Liz Engel

    CENTURY 21 Affiliated

    (616) 836-7171

    41 in this area

    173 Total Sales

    Liz Engel
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17053367

Southwestern Michigan Association of REALTORS®

APN: 57-880-001-00

Michigan Allegan County Saugatuck 49453 Saugatuck

332 Mary St, Saugatuck, MI

Homes for Sale in Saugatuck, MI

This home is located at 332 Mary St, Saugatuck, MI 49453 since 25 October 2017 and is currently priced at $379,029, approximately $596 per square foot. This property was built in 1897. 332 Mary St is a home located in Allegan County with nearby schools including Douglas Elementary School, Saugatuck Middle School, and Saugatuck High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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