NOT LISTED FOR SALE

497 W Center St Douglas, MI 49406

Estimated Value: $510,000 - $639,000

0.46 Acre
$1,246,959 Price per Acre
20,038 Sq Ft Lot

Last Sold March 09, 2020

Last sale price $105,000

Est. 446% increase in value since last sale

Current estimated payment $3,706/month

145 Days on Market

About This Lot

As of March 2020

Great Douglas Building site, zone R-5 multi-family so it has great flexability. Single family home, duplex or multi-family. Compare to much smaller lots at the New Westshore Development across the street (and no Association or dues). A great investment property that is just a few blks, from Downtown and Lake Michigan and the Douglas Public beach. Directly across from the developing WestShore project and public walkway to the Lakeshore. Wonderful views off the front and rear of property. Public water is available, City will allow a private septic system until when and if the city runs a sewer line in front of the property.

Last Agent to Sell the Property

Dick Waskin

RE/MAX Saugatuck-Douglas License #6502106649 Listed on: 10/14/2019

RE/MAX Saugatuck-Douglas

Co-Listed By

Bill Rowe

RE/MAX Saugatuck-Douglas License #6502137126

Last Buyer's Agent

Lauri Sisson

Coldwell Banker Woodland Schmidt License #6501373537

Coldwell Banker Woodland Schmidt

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,100

Lot Details

  • 0.46 Acre Lot
  • Cleared Lot
  • Finished Lot(s)

Community Details

  • Water Sports
  • Public Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,100

Lot Details

0

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 125000.0
  • Lot Features: Buildable, Cleared, Wooded
  • Road Surface Type: Paved
  • Waterfront Features: All Sports, Public Access 1 Mile or Less
  • Waterfront: No

Lot Info

  • Lot Size Acres: 0.46
  • Lot Size Area: 0.46
  • Lot Size Sq Ft: 20038.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1100.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2021
Sold by
Kara Erthan and Kara Natalie
Bought by
Kara Erhan and Kara Natalie
Current Estimated Value
$573,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,300
Outstanding Balance
$334,848
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$238,753

Purchase Details

Listed on
Oct 14, 2019
Closed on
Mar 9, 2020
Sold by
The Eugene And Mary D Schoeneich Trust
Bought by
Kara Erban T
Seller's Agent
Dick Waskin
RE/MAX Saugatuck-Douglas
Buyer's Agent
Lauri Sisson
Coldwell Banker Woodland Schmidt
List Price
$125,000
Sold Price
$105,000
Premium/Discount to List
-$20,000
-16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.32%
Original Mortgage
$365,750
Interest Rate
3.3%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 1, 1996
Bought by
Schoenich Eugene
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kara Erhan -- Accommodation
Kara Erban T $105,000 Premier Lakeshore Ttl Agcy L
Schoenich Eugene $22,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kara Erhan $105,576
Open Kara Erhan $370,300
Closed Kara Erban T $365,750
Closed Kara Erban T $94,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2020 03/09/20 Sold $105,000 -16.0% --
03/07/2020 03/07/20 Pending -- -- --
10/14/2019 10/14/19 For Sale $125,000 -- --
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 $7,030 $210,500 $70,000 $140,500
2024 -- $207,000 $60,000 $147,000
2023 $6,602 $179,400 $50,000 $129,400
2022 $6,337 $157,700 $50,000 $107,700
2021 $10,103 $154,900 $50,000 $104,900
2020 $1,100 $45,000 $45,000 $0
2019 $0 $45,000 $45,000 $0
2018 $0 $45,000 $45,000 $0
2017 $0 $45,000 $45,000 $0
2016 $0 $45,000 $45,000 $0
2015 -- $45,000 $45,000 $0
2014 -- $45,000 $45,000 $0
2013 -- $45,000 $45,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19050329

Southwestern Michigan Association of REALTORS®

APN: 59-017-089-94