NOT LISTED FOR SALE

Estimated Value: $283,000 - $390,000

2 Beds
1 Bath
940 Sq Ft
$654/mo HOA Fee

Last Sold February 26, 2021

Last sale price $168,500 $179 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,562/month

567 Days on Market

Highlights

  • Beach Access
  • Ranch Style House
  • Ceiling Fan
  • Active Adult
  • Garden
  • Baseboard Heating

About This Home

As of February 2021

PRICED TO SELL!! Never has a 2 bedroom unit been priced this low. Bring your vision and decorating ideas!! Sought after 2 bedroom unit on ground floor in The Saugatuck. This is an independent senior housing facility, ideal for active seniors. There are age and income restrictions along with limits on the price sold. Must be 62 years of age or older, you will need to provide income information and have a background check prior to being interviewed by the Board. Unit has high ceilings throughout. The living room has french doors that allow you access to a small garden/terrace area. The kitchen appliances are owned by The Saugatuck and will repair and replace them as needed. This is subject to third party and Probate Approval.

Last Agent to Sell the Property

Sophia Maragos

Coldwell Banker Realty License #RES.0752835 Listed on: 07/12/2019

Coldwell Banker Realty

Last Buyer's Agent

Peter Stern

Brown Harris Stevens License #RES.0792106

Brown Harris Stevens

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,294

Year Built

  • Built in 1995

HOA Fees

  • $654 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Masonry Siding
  • Block Exterior

Interior Spaces

  • 940 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Shared Basement
  • Basement Storage

Parking

  • Parking Lot
  • Off-Street Parking

Schools

  • Saugatuck Elementary School
  • Bedford Middle School
  • Staples High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Grab Bar In Bathroom
  • Beach Access
  • Garden

Community Details

Overview

  • Active Adult
  • Association fees include grounds maintenance, trash pickup, snow removal, heat, hot water, property management, pest control, insurance
  • 36 Units
  • The Saugatuck Community
  • Property managed by The Property Group

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,294

Year Built

Built in 1995

Lot Details

0

HOA Fees

$654 per month

Listing Details

  • Neighborhood: Saugatuck
  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 940
  • Public Record Living Room Sq Ft: 940
  • Total Sq Ft: 940
  • Year Built: 1995
  • Remarks Public Addendum: All units in The Saugatuck are price controlled and determined by a specific formula. Owners must be 62+ and income restrictions apply (please see attached forms to be completed by buyer). Sale subject to board approval. Separate sewer fee applies. Pet po
  • Property Sub Type: Co-Op
  • Handicap Features: Bath Grab Bars
  • Direct Waterfront: No
  • Encumbrances Restrictions: Subject to Probate
  • End Unit: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 940
  • Tax Year Updated Dt: 07/13/2020
  • Directions: Between Compo South and Imperial Avenue. Located in the Old Saugatuck School. Drive around to the back of building for access.
  • Special Features: None

Interior Features

  • Room Count: 4
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Shared Basement, Storage
  • Appliances: Electric Range, Refrigerator, Dishwasher
  • Laundry Room Info: Common Laundry Area
  • Attic: No

Exterior Features

  • Exterior Features: Garden Area
  • Exterior Siding: Brick
  • Waterfront Description: Beach Rights
  • Swimming Pool: No
  • Construction Description: Frame, Block

Garage/Parking

  • Garage Parking Info: Assigned Parking, Off Street Parking, Parking Lot

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Heat, Hot Water, Property Management, Pest Control, Insurance
  • Complex Name: The Saugatuck
  • HOA Fees: 654
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Property Management Type: Professional-Off Site
  • Property Manager Name: Lynn Jackson
  • Property Mgt Company Name: The Property Group
  • Property Mgt Phone: 203-893-4643

Lot Info

  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: A
  • Property Info: Adult Community 55

Rental Info

  • Pets Allowed Info: See By-laws
  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 2294
  • Mil Rate Base: 16.710
  • Assessor Parcel Number: 1947473

Multi Family

  • Total Num Of Units: 36

MLS Schools

  • Elementary School: Saugatuck
  • Middle Jr High School: Bedford
  • High School: Staples

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2019
Closed on
Feb 25, 2021
Sold by
Walsh Margaret Est
Bought by
Moylan Claire
Seller's Agent
Sophia Maragos
Coldwell Banker Realty
Buyer's Agent
Peter Stern
Brown Harris Stevens
List Price
$222,282
Sold Price
$168,500
Premium/Discount to List
-$53,782
-24.2%
Current Estimated Value
$327,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,996
Avg. Annual Appreciation
15.02%

Purchase Details

Closed on
Aug 29, 1997
Sold by
New Samaritan Dev
Bought by
Walsh Margaret
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Moylan Claire $168,500 None Available
Moylan Claire $168,500 None Available
Walsh Margaret $132,500 --
Walsh Margaret $132,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2021 02/26/21 Sold $168,500 -8.9% $179 / Sq Ft
01/29/2021 01/29/21 Pending -- -- --
07/13/2020 07/13/20 Price Changed $185,000 -7.5% $197 / Sq Ft
05/20/2020 05/20/20 Price Changed $199,999 -4.5% $213 / Sq Ft
02/24/2020 02/24/20 Price Changed $209,500 -3.5% $223 / Sq Ft
11/19/2019 11/19/19 Price Changed $217,000 -2.4% $231 / Sq Ft
07/12/2019 07/12/19 For Sale $222,282 -- $236 / Sq Ft
Source: SmartMLS

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
2025 $2,198 $116,550 $0 $116,550
2024 $2,170 $116,550 $0 $116,550
2023 $2,139 $116,550 $0 $116,550
2022 $2,106 $116,550 $0 $116,550
2021 $2,106 $116,550 $0 $116,550
2020 $2,294 $137,270 $0 $137,270
2019 $2,314 $137,270 $0 $137,270
2018 $2,314 $137,270 $0 $137,270
2017 $2,314 $137,270 $0 $137,270
2016 $2,315 $137,300 $0 $137,300
2015 $2,310 $127,700 $0 $127,700
2014 $2,291 $127,700 $0 $127,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170215637

SmartMLS

APN: WPOR-000006C-000000-000109-000000-103