M
Seller's Agent in 2022
Michel Werkema
Century 21 Affiliated
(269) 767-8180
5 in this area
33 Total Sales
507 School St South Haven, MI 49090
Estimated Value: $457,000 - $574,000
4
Beds
2
Baths
1,792
Sq Ft
$277/Sq Ft
Est. Value
Highlights
- Lake Front
- Deck
- Porch
- Water Access
- Wood Flooring
- Eat-In Kitchen
About This Home
As of October 2022Good things come in small packages! This home is larger than it appears from the street with 4 bedrooms, 2 bathrooms and 2 living/family rooms! Although the home is only 10 years old, the owners have remodeled and furnished it beautifully and even secured a rental license. Everything in the house remains! The new kitchen has stainless appliances and a beverage fridge in the center island. The patio and deck furniture stay too! There is nothing to do but turn the key. The location is fantastic - a 5 minute walk to the center of town. Would make a great vacation rental or just enjoy it for yourself! 3 bedrooms have queen size beds and the 4th bedroom has cute bunkbeds for 4.
Last Agent to Sell the Property
Century 21 Affiliated License #6501353600 Listed on: 08/07/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,635
Year Built
- Built in 2010
Lot Details
- 6,731 Sq Ft Lot
- Lot Dimensions are 66 x 82
- Lake Front
- River Front
- Fenced
- Shrub
- Garden
Home Design
- Vinyl Siding
Interior Spaces
- 1,792 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room
- Wood Flooring
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry on main level
Basement
- Basement Fills Entire Space Under The House
- 2 Bedrooms in Basement
- Natural lighting in basement
Outdoor Features
- Water Access
- Deck
- Patio
- Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 7, 2022
Closed on
Oct 5, 2022
Sold by
Gibbons William J and Gibbons Patricia L
Bought by
Villerot Valerie and Villerot Matthew
Seller's Agent
Michel Werkema
Century 21 Affiliated
Buyer's Agent
James Hocking
Smallegan Real Estate
List Price
$479,000
Sold Price
$440,000
Premium/Discount to List
-$39,000
-8.14%
Views
114
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,075
Avg. Annual Appreciation
3.58%
Original Mortgage
$396,000
Outstanding Balance
$380,037
Interest Rate
5.66%
Mortgage Type
Balloon
Estimated Equity
$117,038
Purchase Details
Listed on
Jul 7, 2021
Closed on
Aug 17, 2021
Sold by
Waters Emily and Kraus Emily
Bought by
Gibbons William J and Gibbons Patricia L
Seller's Agent
Ryan Servatius
Century 21 Affiliated
Buyer's Agent
Michel Werkema
Century 21 Affiliated
List Price
$235,000
Sold Price
$235,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
74.20%
Original Mortgage
$188,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 12, 2010
Sold by
South Haven Area Habitat For Humanity In
Bought by
Kraus Emily
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.78%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Villerot Valerie | $440,000 | Chicago Title | |
| Gibbons William J | $235,000 | Chicago Title Of Mi Inc | |
| Kraus Emily | $125,000 | Chicago Title Of Michigan |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Villerot Valerie | $396,000 | |
| Previous Owner | Gibbons William J | $188,000 | |
| Previous Owner | Kraus Emily | $125,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/05/2022 10/05/22 | Sold | $440,000 | -6.2% | $246 / Sq Ft | |
| 09/10/2022 09/10/22 | Pending | -- | -- | -- | |
| 08/27/2022 08/27/22 | Price Changed | $469,000 | -2.1% | $262 / Sq Ft | |
| 08/07/2022 08/07/22 | For Sale | $479,000 | +103.8% | $267 / Sq Ft | |
| 08/17/2021 08/17/21 | Sold | $235,000 | 0.0% | $131 / Sq Ft | View Prior Sale |
| 07/09/2021 07/09/21 | Pending | -- | -- | -- | |
| 07/07/2021 07/07/21 | For Sale | $235,000 | -- | $131 / Sq Ft |
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 | $10,452 | $218,500 | $0 | $0 |
| 2024 | $8,507 | $192,700 | $0 | $0 |
| 2023 | $8,130 | $161,900 | $0 | $0 |
| 2022 | $7,537 | $123,600 | $0 | $0 |
| 2021 | $2,635 | $116,500 | $52,500 | $64,000 |
| 2020 | $2,623 | $105,100 | $48,800 | $56,300 |
| 2019 | $2,515 | $78,400 | $78,400 | $0 |
| 2018 | $2,460 | $75,200 | $75,200 | $0 |
| 2017 | $2,392 | $74,400 | $0 | $0 |
| 2016 | $2,335 | $62,700 | $0 | $0 |
| 2015 | $1,687 | $62,700 | $0 | $0 |
| 2014 | $1,684 | $55,900 | $0 | $0 |
| 2013 | $2,137 | $56,000 | $56,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michel Werkema
-
James Hocking
Buyer's Agent in 2022
James Hocking
Smallegan Real Estate
(616) 369-9207
1 in this area
141 Total Sales
-
Mike Smallegan
Buyer Co-Listing Agent in 2022
Mike Smallegan
Smallegan Real Estate
(616) 275-5938
1 in this area
1,108 Total Sales
-
M
Buyer Co-Listing Agent in 2022
Michael Smallegan
SVG Real Estate Firm - I
-
Ryan Servatius
Seller's Agent in 2021
Ryan Servatius
Century 21 Affiliated
(269) 252-7926
70 in this area
141 Total Sales
Map
Source: MichRIC
MLS Number: 22033852
APN: 80-53-523-003-10
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.
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