NOT LISTED FOR SALE

3490 Riverside Dr Saugatuck, MI 49453

Estimated Value: $1,743,000 - $3,145,058

0.43 Acres
$5,676,788 Price per Acre
18,731 Sq Ft Lot

Last Sold March 17, 2016

Last sale price $363,750

Est. 571% increase in value since last sale

Current estimated payment $14,224/month

1,613 Days on Market

Highlights

  • Private Waterfront
  • Docks
  • Wooded Lot
  • Douglas Elementary School Rated A
  • Property fronts a channel
  • High Speed Internet

About This Lot

As of March 2016

This gorgeous private, wooded Kalamazoo River building site is near the breakwater to Lake Michigan and already has a dock and a well. The views are of Tallmadge Woods, an expanse of duneland acreage that is in a conservation easement. It is possible to design a house with a Lake Michigan view, too. Feels like the Great Northwoods and is right around the corner from the village of Saugatuck.

Last Agent to Sell the Property

David Hulst

Coldwell Banker Woodland Schmidt Saugatuck License #6506043649 Listed on: 09/12/2011

Coldwell Banker Woodland Schmidt Saugatuck

Last Buyer's Agent

Bernie Merkle

Coldwell Banker Woodland Schmidt License #6506041602

Coldwell Banker Woodland Schmidt

Property Details

Property Type

  • Land

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 70x256
  • Property fronts a channel
  • Private Waterfront
  • 75 Feet of Waterfront
  • The property's road front is unimproved
  • Cleared Lot
  • Wooded Lot
  • Property is zoned R-2, R-2

Outdoor Features

  • Water Access
  • No Wake Zone
  • Docks

Utilities

  • Well
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Additional Features

  • Water Views
  • Mineral Rights

Property Details

Property Type

Land

Lot Details

0.43 Acres

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: 70x256
  • General Property Info:Waterfront3: Yes
  • Tax Info:Annual Property Tax: 11418.54
  • Tax Info:Zoning3: R-2
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • General Property Info:Property Sub-Type2: Lot
  • Lot Description:Cleared: Yes
  • Waterfront Options:Water Frontage3: 75.0
  • Utilities Attached:Well2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Mineral Rights:Yes: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 429000.0
  • Lot Features: High Bank, Cleared, Wooded
  • Road Surface Type: Unimproved
  • Water Body Name: Kalamazoo River
  • Waterfront Features: Channel, Dock, No Wake, Private Frontage
  • Waterfront: Yes

Utilities

  • Utilities: Well Attached, Natural Gas Available, Electric Available, Cable Available, Broadband Available

Association/Amenities

  • Water Fea Amenities:Private Frontage: Yes
  • Water Fea Amenities:View: Yes
  • Water Fea Amenities:No Wake: Yes
  • Water Fea Amenities:Dock: Yes
  • Water Fea Amenities:Channel: Yes

Lot Info

  • Lot Size Acres: 0.43
  • Lot Size Area: 0.43
  • Lot Dimensions: 70x256
  • Lot Size Sq Ft: 18600.0
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11418.54
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2020
Sold by
Merkle H Bernie H and Merkle Paula
Bought by
Markle Harlan Bernard and Markle Paula Jan
Current Estimated Value
$2,441,019

Purchase Details

Listed on
Sep 12, 2011
Closed on
Mar 17, 2016
Sold by
Hemlock Il Llc
Bought by
Merkle H Bernie and Merkle Paula
Seller's Agent
David Hulst
Coldwell Banker Woodland Schmidt Saugatuck
Buyer's Agent
Bernie Merkle
Coldwell Banker Woodland Schmidt
List Price
$595,000
Sold Price
$363,750
Premium/Discount to List
-$231,250
-38.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.16%

Purchase Details

Closed on
Dec 17, 2012
Sold by
Renfam Limited Partnership
Bought by
Hemlock Ii Llc

Purchase Details

Closed on
Oct 15, 2012
Sold by
The Hemlock Company Llc
Bought by
Renfam Limited Partnership

Purchase Details

Closed on
Dec 21, 2009
Sold by
Renaldi John
Bought by
The Hemlock Company Llc

Purchase Details

Closed on
Aug 4, 2006
Sold by
Hemlock Co Llc
Bought by
Renaldi John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2005
Sold by
Gregersen David
Bought by
The Hemlock Co Llc

Purchase Details

Closed on
Oct 15, 2004
Sold by
Kozuch Jon W and Kozuch Marianne Kozlowski
Bought by
Gregersen David
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
Markle Harlan Bernard -- None Available
Merkle H Bernie $363,750 Midstate Title Agency Llc
Hemlock Ii Llc -- None Available
Renfam Limited Partnership -- None Available
The Hemlock Company Llc -- None Available
Renaldi John -- None Available
The Hemlock Co Llc -- Chicago Title
Gregersen David -- Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Renaldi John $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2016 03/17/16 Sold $363,750 -38.9% --
02/11/2016 02/11/16 Pending -- -- --
09/12/2011 09/12/11 For Sale $595,000 -- --
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 $19,790 $1,054,900 $438,800 $616,100
2024 -- $904,800 $327,200 $577,600
2023 $18,097 $727,500 $279,600 $447,900
2022 $17,506 $643,700 $262,500 $381,200
2021 $16,854 $626,000 $262,500 $363,500
2020 $15,562 $559,200 $262,500 $296,700
2019 $9,519 $618,800 $262,500 $356,300
2018 $9,519 $352,000 $262,500 $89,500
2017 $0 $263,800 $262,500 $1,300
2016 $0 $250,600 $249,400 $1,200
2015 -- $250,600 $249,400 $1,200
2014 -- $250,600 $249,400 $1,200
2013 -- $263,800 $262,500 $1,300
Source: Public Records

Agents Affiliated with this Home

  • David Hulst

    Seller's Agent in 2016

    David Hulst

    Coldwell Banker Woodland Schmidt Saugatuck

    (269) 857-8030

    53 Total Sales

    David Hulst
    Section Image
  • Bernie Merkle

    Buyer's Agent in 2016

    Bernie Merkle

    Coldwell Banker Woodland Schmidt

    (616) 886-2274

    180 Total Sales

    Bernie Merkle
    Section Image
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Map

Source: MichRIC

MLS Number: 11050556

MichRIC

APN: 20-320-004-00

Michigan Allegan County Saugatuck 49453

3490 Riverside Dr, Saugatuck, MI

Not Listed for Sale

Lots

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MichRIC Information is deemed reliable but not guaranteed.
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