R
Seller's Agent in 2022
Rick Grasman
Grasman Real Estate
(616) 723-3600
5 Total Sales
3438 Riverside Dr Saugatuck, MI 49453
Estimated Value: $3,319,000 - $3,498,000
5
Beds
5.5
Baths
5,100
Sq Ft
$668/Sq Ft
Est. Value
Highlights
- Private Waterfront
- Deeded Waterfront Access Rights
- Property fronts a channel
- Douglas Elementary School Rated A
- Docks
- Cape Cod Architecture
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.
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'
- Property fronts a channel
- Private Waterfront
- 107 Feet of Waterfront
- Shrub
- Terraced Lot
- Wooded Lot
- Garden
- Property is zoned R-2, R-2
Parking
- 2 Car Attached Garage
- Carport
- Garage Door Opener
- Gravel Driveway
Home Design
- Cape Cod Architecture
- Brick or Stone Mason
- 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 Area
- Sun or Florida Room
- Screened Porch
- Stone Flooring
- Water Views
- Home Security System
Kitchen
- Eat-In Kitchen
- Built-In Gas Oven
- Range
- Microwave
- Dishwasher
- Kitchen Island
- Snack Bar or Counter
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
Laundry
- Laundry on main level
- Dryer
- Washer
Basement
- Walk-Out Basement
- Partial Basement
- Crawl Space
Outdoor Features
- Deeded Waterfront Access Rights
- Docks
- Deck
- Patio
Utilities
- Humidifier
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- High Speed Internet
- Phone Available
- Cable TV Available
Community Details
- Riverside Rest Subdivision
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$193,787
Avg. Annual Appreciation
-0.56%
Original Mortgage
$2,587,500
Outstanding Balance
$2,468,172
Interest Rate
5.23%
Estimated Equity
$1,065,593
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
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
Average Home Value in this Area
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: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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
-
Rick Grasman
-
Patrick Schell
Buyer's Agent in 2022
Patrick Schell
CENTURY 21 Affiliated
(773) 960-6940
38 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 22007375
APN: 20-340-010-00
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