NOT LISTED FOR SALE

Estimated Value: $3,530,000 - $4,180,097

5 Beds
4.5 Baths
3,902 Sq Ft
$989/Sq Ft Est. Value

Highlights

  • Water Views
  • Beach Access
  • Deck
  • King's Highway Elementary School Rated A+
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of June 2018

Welcome to "BEACH BOUND" Live the life you have dreamed about in this 5 bedroom, 4/1 bath custom beach home on coveted Saugatuck Island. The dazzle of sunlight on the water fills this home with the brilliance of a prism. Chase views of Long Island Sound from every room. A bright foyer features a fabulous Brazilian mahogany floating staircase that transports one to the main living area. The great room with stone fireplace & sliding doors open to a multi-level deck, harmonizing indoor & outdoor living. The kitchen is concisely designed, with chef’s appliances & a mahogany & maple tongue & groove peninsula with double-sided cabinets and counter seating. The banquet sized dining room & wet bar overlooks the great room making entertaining a breeze. The master bedroom suite with two baths, sitting room/nursery & a loft offers many possibilities. On the first level there are two well-proportioned bedrooms with a full bath and a den that walks out to the bluestone patio. A laundry room with utility sink offers lots of storage, and easy access to the two-car garage. Located steps from the beach this homes embraces the coastal lifestyle with causal sophistication. Being minutes to the train, I-95, SONO, and the revitalized Saugatuck area with charming stores and restaurants you have all your needs at your fingertips.

Last Agent to Rent the Property

Barbara Sweeney

Coldwell Banker Realty License #REB.0793392 Listed on: 04/18/2018

Coldwell Banker Realty

Last Renter's Agent

Barbara Sweeney

Coldwell Banker Realty License #REB.0793392 Listed on: 04/18/2018

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,734

Year Built

  • Built in 1984

Lot Details

  • 0.31 Acre Lot
  • Level Lot

HOA Fees

  • $57 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 3,902 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Water Views

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

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

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Private Driveway

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Beach Access
  • Public Water Access
  • Walking Distance to Water
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Shed
  • Outdoor Grill
  • Rain Gutters

Location

  • Flood Zone Lot
  • Property is near shops
  • Property is near a golf course

Schools

  • Kings Highway Elementary School
  • Coleytown Middle School
  • Staples High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Humidity Control
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Power Generator
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,734

Year Built

Built in 1984

Lot Details

0

HOA Fees

$57 per month

Rental Info

  • Landlord Options: Property is Also For Sale
  • Landlord Requirements: Credit Check, References Required, Security Deposit, Lease Required, Vacate Clause
  • Landlord Responsibility: Grounds Maintenance
  • Pets Allowed: No
  • Rental Duration: Yearly Unfurnished, Yearly Furnished
  • Security Deposit Details: Two Months Rent & One Months Rent if 62+
  • Smoking Allowed: No
  • Tenant Responsibility: All Utilities, Cable TV, Credit Check, Electricity, Heat, Hot Water, Insurance, Liability Insurance, Security System, Snow Removal, Trash Service, Water

Listing Details

  • Neighborhood: Saugatuck Island
  • Property Type: Residential Rental
  • Style: Contemporary
  • Sq Ft Est Heated Above Grade: 3902
  • Public Record Living Room Sq Ft: 3884
  • Total Sq Ft: 3902
  • Year Built: 1984
  • Nearby Amenities: Golf Course, Medical Facilities, Playground/Tot Lot, Public Pool, Public Rec Facilities, Shopping/Mall
  • Remarks Public Addendum: Furnished Rental - This home is staged, some furnishing will be swapped out. Please speak to LA.
  • Property Sub Type: Single Family Rental
  • Direct Waterfront: No
  • End Unit: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Special Assessment Details: Yes - New Bridge Assessment - Call Agent
  • Public Record Gross Sq Ft: 6721
  • Directions: Harbor Road over the bridge second right onto Island Way
  • Special Features: None

Interior Features

  • Room Count: 10
  • Total Bedrooms: 5
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Open Floor Plan
  • Appliances: Gas Cooktop, Wall Oven, Microwave, Range Hood, Refrigerator, Dishwasher, Washer, Dryer, Wine Chiller
  • Additional Rooms: Foyer, Laundry Room
  • Laundry Room Info: Main Level
  • Attic: No

Exterior Features

  • Exterior Features: Balcony, Deck, Grill, Gutters, Lighting, Patio, Shed
  • Exterior Siding: Shingle, Wood
  • Waterfront Description: Water Community, Beach Rights, Walk to Water
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage, Paved
  • Garages Number: 2
  • Driveway Type: Private, Asphalt

Utilities

  • Cooling System: Ceiling Fans, Central Air, Zoned
  • Heat Type: Hot Air, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 687
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Special Association Assessment Y: Yes

Green Features

  • Energy Features: Extra Insulation, Generator, Humidistat, Thermopane Windows

Lot Info

  • Acres: 0.3100
  • Lot Description: In Flood Zone, Water View, Level Lot, Professionally Landscaped
  • Elevation Certificate: Yes
  • Flood Zone: Yes
  • Zoning: A

Multi Family

  • Total Num Of Units: 1

Tax Info

  • Assessor Parcel Number: 411891

MLS Schools

  • Elementary School: Kings Highway
  • Middle Jr High School: Coleytown
  • High School: Staples

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2017
Sold by
Pengue Jill C
Bought by
Pengue Michael and Pengue Jill C
Current Estimated Value
$3,831,260

Purchase Details

Closed on
Sep 14, 2016
Sold by
Pengue Jill C
Bought by
Pengue Michael and Pengue Jill C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$795,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 10, 2010
Sold by
Pengue Michael J and Pengue Jill C
Bought by
Pengue Jill C

Purchase Details

Closed on
Nov 30, 2009
Sold by
Pengue Jill C
Bought by
Pengue Michael J and Pengue Jill C

Purchase Details

Closed on
Apr 1, 2005
Sold by
Glassell Ulla
Bought by
Pengue Michael J and Pengue Jill C
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
Pengue Michael -- --
Pengue Michael -- --
Pengue Michael -- --
Pengue Michael -- --
Pengue Jill C -- --
Pengue Jill C -- --
Pengue Michael J -- --
Pengue Michael J -- --
Pengue Michael J $2,600,000 --
Pengue Michael J $2,600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pengue Michael $795,000
Previous Owner Pengue Michael $250,000
Previous Owner Pengue Michael J $640,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2018 06/28/18 Rented $8,000 -20.0% --
06/13/2018 06/13/18 Under Contract -- -- --
04/18/2018 04/18/18 For Rent $10,000 -- --
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 $31,734 $1,682,600 $1,064,400 $618,200
2024 $31,330 $1,682,600 $1,064,400 $618,200
2023 $30,876 $1,682,600 $1,064,400 $618,200
2022 $30,405 $1,682,600 $1,064,400 $618,200
2021 $27,766 $1,536,600 $1,064,400 $472,200
2020 $21,192 $1,329,400 $840,000 $489,400
2019 $22,414 $1,329,400 $840,000 $489,400
2018 $22,414 $1,329,400 $840,000 $489,400
2017 $20,852 $1,236,800 $840,000 $396,800
2016 $20,852 $1,236,800 $840,000 $396,800
2015 $23,944 $1,323,600 $938,100 $385,500
2014 $23,745 $1,323,600 $938,100 $385,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170073872

SmartMLS

APN: WPOR-000001B-000000-000055