NOT LISTED FOR SALE

3438 Riverside Dr Saugatuck, MI 49453

Estimated Value: $3,297,000 - $3,662,206

5 Beds
5.5 Baths
5,100 Sq Ft
$677/Sq Ft Est. Value

Last Sold June 09, 2022

Last sale price $3,600,000 $706 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $20,934/month

1 Day on Market

Highlights

  • 107 Feet of Waterfront
  • Cape Cod Architecture
  • Family Room with Fireplace
  • Douglas Elementary School Rated A
  • Deck
  • Wooded Lot

About This Home

As of June 2022

''Stunning and Exquisite'' best describes this custom built all cedar shake Cape Cod style home situated within walking distance of downtown Saugatuck (location, location, location) and close to Lake Michigan beaches. Pull your yacht up to your own permanent deep water dock on the Kalamazoo River (107' frontage) and step onto your private beautifully landscaped backyard. This home features 5,100 sqft finished with 5 large bedrooms and 5 1/2 baths. Each bedroom is a full suite. Custom designed and built with high-end finishes, gourmet kitchen, attention to quality/detail and and a much sought after location! Screened porch and brick patios await your entertaining. More photos and video coming soon.

Last Agent to Sell the Property

Rick Grasman

Grasman Real Estate Listed on: 03/10/2022

Last Buyer's Agent

Patrick Schell

CENTURY 21 Affiliated License #6501435035

CENTURY 21 Affiliated

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,804

Year Built

  • Built in 2004

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 107' x 150'
  • 107 Feet of Waterfront
  • Wooded Lot
  • Zoning described as R-2

Parking

  • 2 Car Attached Garage
  • Carport
  • Garage Door Opener
  • Gravel Driveway
  • Unpaved Parking

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Wood Roof
  • Wood Siding
  • Shingle Siding
  • Stone

Interior Spaces

  • 5,100 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Low Emissivity Windows
  • Insulated Windows
  • Window Treatments
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Stone Flooring
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Built-In Gas Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom

Laundry

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

Basement

  • Walk-Out Basement
  • Partial Basement
  • Crawl Space

Outdoor Features

  • Water Access
  • Deck
  • Patio

Utilities

  • Humidifier
  • Forced Air Heating and Cooling System
  • Phone Connected
  • Cable TV Available

Community Details

  • Riverside Rest Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,804

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Cape Cod
  • Stories: 2
  • Year Built: 2004
  • General Property Info:Basement: Yes
  • General Property Info:Main Level Primary: Yes
  • Waterfront Options:Water Access YN: Yes
  • Manufactured:Manufactured YN: No
  • Waterfront Options:Water Frontage3: 107.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Humidifier, Refrigerator, Microwave, Dishwasher, Disposal, Dryer, Washer, Range, Built-In Gas Oven
  • Flooring: Stone
  • Interior Amenities: Garage Door Opener, Kitchen Island, Eat-in Kitchen, Pantry
  • Fireplace Features: Gas Log, Family Room, Living Room
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 5
  • Main Level Bedrooms: 1
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6
  • Basement: Crawl Space, Partial, Walk-Out Access
  • LivingArea: 5100.0
  • Window Features: Window Treatments, Insulated Windows, Low-Emissivity Windows
  • Basement Rooms:Total Basement SQFT: 1700.0

Exterior Features

  • Construction Materials: Shingle Siding, Stone, Wood Siding
  • List Price: 3995000.0
  • Lot Features: Wooded
  • Patio and Porch Features: Deck, Patio, Porch
  • Road Surface Type: Paved
  • Roof: Wood, Shingle
  • Water Body Name: Kalamazoo River
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: Yes
  • Carport: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Unpaved, Gravel, Attached, Carport

Utilities

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

Lot Info

  • Lot Size Acres: 0.3685
  • Lot Size Area: 0.37
  • Lot Dimensions: 107' x 150'
  • Lot Size Sq Ft: 16050.0
  • Zoning Description: R-2

Tax Info

  • Tax Annual Amount: 17804.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
Jun 9, 2022
Sold by
Michael Wright
Bought by
Michael D Wright Revocable Trust
Seller's Agent
Rick Grasman
Grasman Real Estate
Buyer's Agent
Patrick Schell
CENTURY 21 Affiliated
List Price
$3,995,000
Sold Price
$3,600,000
Premium/Discount to List
-$395,000
-9.89%
Current Estimated Value
$3,450,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$149,598
Avg. Annual Appreciation
-1.16%
Original Mortgage
$2,587,500
Outstanding Balance
$2,457,628
Interest Rate
5.23%
Estimated Equity
$992,774

Purchase Details

Closed on
Nov 14, 2005
Sold by
Schipper Donald R
Bought by
Schipper Donald R and Donald R Schipper Revocable Tr

Purchase Details

Closed on
Aug 4, 2005
Sold by
Schipper Donald R
Bought by
Davis Mark O

Purchase Details

Closed on
Sep 30, 2003
Sold by
Peterson Erik L and Peterson Carol A
Bought by
Schipper Donald R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Michael D Wright Revocable Trust -- Chicago Title
Wright Michael -- Chicago Title
Schipper Donald R -- None Available
Davis Mark O $482,500 Lighthouse Title Inc
Schipper Donald R -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Michael $2,587,500
Closed Michael D Wright Revocable Trust $2,587,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2022 06/09/22 Sold $3,600,000 -9.9% $706 / Sq Ft
06/03/2022 06/03/22 Off Market $3,995,000 -- --
06/02/2022 06/02/22 Off Market $3,995,000 -- --
03/11/2022 03/11/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $3,995,000 -- $783 / 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 $35,767 $1,455,700 $585,000 $870,700
2024 -- $1,348,900 $535,000 $813,900
2023 $37,251 $1,069,500 $503,200 $566,300
2022 $18,717 $805,400 $472,500 $332,900
2021 $18,020 $789,000 $472,500 $316,500
2020 $16,639 $729,500 $472,500 $257,000
2019 $15,625 $784,600 $472,500 $312,100
2018 $15,625 $726,400 $472,500 $253,900
2017 $0 $678,400 $450,000 $228,400
2016 $0 $612,700 $332,500 $280,200
2015 -- $612,700 $332,500 $280,200
2014 -- $580,300 $332,500 $247,800
2013 -- $590,200 $350,000 $240,200
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Rick Grasman

    Grasman Real Estate

    (616) 723-3600

    5 Total Sales

    Rick Grasman
    Section Image
  • Patrick Schell

    Buyer's Agent in 2022

    Patrick Schell

    CENTURY 21 Affiliated

    (773) 960-6940

    35 Total Sales

    Patrick Schell
    Section Image
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Map

Source: MichRIC

MLS Number: 22007375

MichRIC

APN: 20-340-010-00

Michigan Allegan County Saugatuck 49453

3438 Riverside Dr, Saugatuck, MI

Not Listed for Sale

Detached

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