NOT LISTED FOR SALE

389 Center St Douglas, MI 49406

Estimated Value: $502,000 - $815,000

4 Beds
3 Baths
2,125 Sq Ft
$335/Sq Ft Est. Value

Last Sold June 28, 2013

Last sale price $171,000 $80 Per Sq Ft

Est. 322% increase in value since last sale

Current estimated payment $4,741/month

140 Days on Market

Highlights

  • Guest House
  • Public Water Access
  • Fireplace
  • Douglas Elementary School Rated A
  • Waterfront
  • Attached Garage

About This Home

As of June 2013

Affordable multi-family property with a wonderful location one block west of downtown Douglas. Walk to downtown shopping and nightlife, parks, marinas and Lake Michigan beaches. The main house offers a first floor master with two levels of decks including a walk out from the second bedroom. The three units are turn-key with many recent upgrades ready for your guests. The grounds offer great space for outdoor dining and includes a fire pit and ample off street parking and room to expand. Live in one and rent out the others or make it a family compound! Currently sleeps 10 with 3 baths.

Last Agent to Sell the Property

Mike Peel

Jaqua Realtors License #6501318377 Listed on: 01/05/2013

Jaqua Realtors

Co-Listed By

William Underdown

Jaqua Realtors

Last Buyer's Agent

Angela Holmes

RE/MAX Saugatuck-Douglas License #6501282849

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,448

Year Built

  • Built in 1950

Lot Details

  • 0.4 Acre Lot
  • Waterfront

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,125 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Living Room
  • Crawl Space

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • Attached Garage
  • Garage Door Opener

Utilities

  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Doors are 36 inches wide or more
  • Public Water Access
  • Guest House

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,448

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Range, Refrigerator
  • Accessibility Features: 36 Inch Entrance Door, Covered Entrance
  • Interior Amenities: Ceiling Fans, Garage Door Opener
  • Fireplace: Yes
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Crawl Space, Slab
  • LivingArea: 2125.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 199500.0
  • Lot Features: Wooded
  • Other Structures: Guest House
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Lake Michigan
  • Waterfront Features: Public Access 1 Mile or Less
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage: Yes

Utilities

  • Utilities: Electricity Connected, Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer, Broadband

Lot Info

  • Lot Size Acres: 0.4
  • Lot Size Area: 0.4
  • Lot Size Sq Ft: 17424.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2014
Sold by
Machin Properties Llc
Bought by
Willow Tree Cottages Llc
Current Estimated Value
$722,119

Purchase Details

Listed on
Jan 5, 2013
Closed on
Jun 28, 2013
Sold by
Scott Richard L
Bought by
Machin Properties Llc
Seller's Agent
Mike Peel
Jaqua Realtors
Buyer's Agent
Angela Holmes
RE/MAX Saugatuck-Douglas
List Price
$199,500
Sold Price
$171,000
Premium/Discount to List
-$28,500
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.58%

Purchase Details

Closed on
Aug 12, 2004
Sold by
Marple John and Zerbe Roger O
Bought by
Scott Richard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 31, 2000
Sold by
Matzen Linda E
Bought by
Zerbe Roger and Mary Ellen

Purchase Details

Closed on
Jun 26, 2000
Sold by
Matzen Melissa Lyn
Bought by
Matzen Linda E

Purchase Details

Closed on
May 23, 2000
Sold by
Matzen Christopher T and Matzen Linda
Bought by
Matzen Linda E
Source: Public Records

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
Willow Tree Cottages Llc -- None Available
Machin Properties Llc $171,000 First American Title Ins Co
Scott Richard L $245,000 Metropolitan Title Company
Zerbe Roger $155,000 --
Matzen Linda E -- --
Matzen Linda E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scott Richard L $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2013 06/28/13 Sold $171,000 -14.3% $80 / Sq Ft
05/25/2013 05/25/13 Pending -- -- --
01/05/2013 01/05/13 For Sale $199,500 -- $94 / 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
2025 $9,448 $283,300 $76,500 $206,800
2024 -- $250,700 $65,200 $185,500
2023 $8,854 $213,500 $50,000 $163,500
2022 $8,544 $191,700 $56,300 $135,400
2021 $11,607 $188,900 $56,300 $132,600
2020 $7,864 $182,500 $52,500 $130,000
2019 $0 $160,500 $52,500 $108,000
2018 $0 $157,600 $52,500 $105,100
2017 $0 $156,500 $52,500 $104,000
2016 $0 $128,500 $37,500 $91,000
2015 -- $128,500 $37,500 $91,000
2014 -- $110,200 $37,500 $72,700
2013 -- $102,900 $37,500 $65,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13001785

Southwestern Michigan Association of REALTORS®

APN: 59-350-007-10