NOT LISTED FOR SALE

515 Lake St Unit 3 Saugatuck, MI 49453

Estimated Value: $730,000 - $841,000

2 Beds
2 Baths
1,500 Sq Ft
$350/mo HOA Fee

Last Sold July 29, 2013

Last sale price $290,000 $193 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $5,227/month

1,260 Days on Market

Highlights

  • 66 Feet of Waterfront
  • Docks
  • Wood Flooring
  • Douglas Elementary School Rated A
  • Community Lake
  • 1 Car Detached Garage

About This Home

As of July 2013

Recently rennovated first floor end unit condo in Waterside Condominiums. Enjoy magnificent views of Lake Kalamazoo from both inside and out! New kitchen with custom cabinetry, updated master bath, freshly painted; absolutely ready to move into. Enjoy living in this small condominium complex just blocks from downtown Saugatuck's many shops, galleries & restaurants. Two boat slips included so you can dock your boat almost outside your door. Enjoy easy living whether you're looking for a year round home or getaway!

Last Agent to Sell the Property

Dan Shanahan

Jaqua Realtors License #6501274998 Listed on: 02/03/2010

Jaqua Realtors

Co-Listed By

Sandy Shanahan

Jaqua Realtors License #6502121586

Last Buyer's Agent

Robert Bauer

Jaqua Realtors License #6501373545

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1986

Lot Details

  • 66 Feet of Waterfront

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • Water Views
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Water Access
  • Docks
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

Overview

  • Community Lake

Recreation

  • Waterfront Owned by Association

Property Details

Home Type

Condominium

Year Built

Built in 1986

Lot Details

0

HOA Fees

$350 per month

Parking

1

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • ArchitecturalStyle: Other
  • Stories: 1
  • Year Built: 1986
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • OfficeContract Info:List PriceSqFt2: 206.0
  • General Property Info:Lot Dimensions: Condominium
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1500.0
  • General Property Info:Design: Other
  • Tax Info:Annual Property Tax: 7275.0
  • Waterfront Options:Water Access YN: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Waterfront Options:Water Frontage3: 66.0
  • General Property Info:Fireplace: Yes
  • Additional Items:Ceiling Fans: Yes
  • Appliances Microwave: Yes
  • Additional Items:Wood Floor: Yes
  • Garage Type Detached: Yes
  • Substructure:Crawl Space: Yes
  • General Property Info:SqFt Above Grade: 1500.0
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Ceiling Fans, Wood Floor, Pantry
  • Fireplace Features: Gas Log, Living
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space
  • LivingArea: 1500.0
  • General Property Info:Stories2: 1.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • Exterior Features: Patio
  • List Price: 309000.0
  • Road Surface Type: Paved
  • Water Body Name: Kalamazoo Lake
  • Waterfront Features: Assoc Access, Dock
  • Waterfront: Yes
  • Driveway Paved: Yes
  • Exterior Features:Patio: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Paved
  • Garage:Garage2: Yes
  • Garage Type:_one_: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 350.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Lake
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 350.0
  • Association Info:Assoc Fee Payable: Monthly
  • Water Fea Amenities:View: Yes
  • Water Fea Amenities:Assoc Access: Yes
  • Water Fea Amenities:Dock: Yes

Lot Info

  • Lot Dimensions: Condominium
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7275.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2010
Closed on
Jul 29, 2013
Sold by
Shea Pamela A and Shea Louis Steven
Bought by
Louann Burroughs Trust
Seller's Agent
Dan Shanahan
Jaqua Realtors
Buyer's Agent
Robert Bauer
Jaqua Realtors
List Price
$415,900
Sold Price
$290,000
Premium/Discount to List
-$125,900
-30.27%
Current Estimated Value
$790,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$500,810
Avg. Annual Appreciation
8.42%

Purchase Details

Closed on
Dec 24, 2012
Sold by
Louis Warren E and The Warren E Louis Trust Agrem
Bought by
Shea Pamela L and Shea Louis Steven

Purchase Details

Closed on
May 7, 2004
Sold by
Mcnamara Michael P and Mcnamara Julie A
Bought by
Louis Warren E and Warren E Lois Trust Agreement

Purchase Details

Closed on
Jan 4, 2002
Sold by
Michael P and Mcnamara Revocable L Julie A
Bought by
Mcnamara Michael P and Mcnamara Julie A

Purchase Details

Closed on
Feb 26, 1999
Bought by
Mcnamara Michael and Mcnamara Julie

Purchase Details

Closed on
Dec 30, 1996
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
Louann Burroughs Trust $290,000 Premier Lakeshore Title Agen
Shea Pamela L -- None Available
Louis Warren E $330,000 Chicago Title
Mcnamara Michael P -- --
Mcnamara Michael $200,000 --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2013 07/29/13 Sold $290,000 -30.3% $193 / Sq Ft
07/17/2013 07/17/13 Pending -- -- --
02/03/2010 02/03/10 For Sale $415,900 -- $277 / Sq Ft
Source: MichRIC

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 $8,646 $404,700 $39,200 $365,500
2024 -- $238,600 $31,300 $207,300
2023 -- $213,500 $32,000 $181,500
2022 $0 $224,700 $37,500 $187,200
2021 $7,348 $214,700 $37,500 $177,200
2020 $7,348 $235,000 $75,000 $160,000
2019 $0 $233,100 $75,000 $158,100
2018 $0 $206,800 $75,000 $131,800
2017 $0 $209,700 $75,000 $134,700
2016 $0 $169,500 $75,000 $94,500
2015 -- $169,500 $75,000 $94,500
2014 -- $199,200 $80,000 $119,200
2013 -- $207,400 $80,000 $127,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 10005628

MichRIC

APN: 57-860-003-00