NOT LISTED FOR SALE

515 Lake St Unit 4 Saugatuck, MI 49453

Estimated Value: $871,000 - $1,133,076

3 Beds
3 Baths
2,105 Sq Ft
$400/mo HOA Fee

Last Sold September 10, 2020

Last sale price $540,000 $257 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $6,551/month

3 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Fireplace in Primary Bedroom
  • Douglas Elementary School Rated A
  • Property fronts a channel
  • Traditional Architecture

About This Home

As of September 2020

Rare find on the water in Saugatuck; 3 bed/3 bath end unit condo with garage. Waterside is a small 6 unit complex that is beautifully maintained. You'll enjoy water views from the interior as well as from your private 30x10 deck. The main floor master has a fireplace, abundance of closet space, water views and private bath; both generous guest rooms have adjoining baths. Spacious entertainment size living room with fireplace adjoins large dining room. A 2nd floor family room could also be a 4th bedroom, home/office. At the water's edge there is a large common deck and you're steps away from your 20x30 boat slip. Short walk to galleries, dining, and the variety of shops Saugatuck has to offer. This condo offers the space of a single family home with the conveniences of condo living!

Last Agent to Sell the Property

Dan Shanahan

Jaqua Realtors License #6501274998 Listed on: 08/01/2020

Jaqua Realtors

Co-Listed By

Sandy Shanahan

Jaqua Realtors License #6502121586

Last Buyer's Agent

David Hulst

Coldwell Banker Woodland Schmidt Saugatuck License #6506043649

Coldwell Banker Woodland Schmidt Saugatuck

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,173

Year Built

  • Built in 1983

Lot Details

  • Property fronts a channel
  • End Unit

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,105 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Skylights
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Ceramic Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • No Wake Zone
  • Docks
  • Shared Waterfront

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer, lawn/yard care, cable/satellite

Recreation

  • Waterfront Owned by Association

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,173

Year Built

Built in 1983

Lot Details

0

HOA Fees

$400 per month

Parking

1

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1983
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer, Disposal, Dishwasher, Microwave, Range
  • Interior Amenities: Ceiling Fans, Ceramic Floor, Garage Door Opener, Wet Bar
  • Fireplace Features: Primary Bedroom, Living
  • Fireplace: Yes
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Other
  • LivingArea: 2105.0
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Common Walls: End Unit
  • Construction Materials: Wood Siding
  • List Price: 524900.0
  • Roof: Composition
  • Water Body Name: Kalamazoo Lake
  • Waterfront Features: Assoc Access, Channel, Deeded Access, Dock, No Wake, Shared Frontage
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Cable Connected, Telephone Line

Condo/Co-op/Association

  • Association Amenities: Pets Allowed, Cable TV
  • Association Fee: 400.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal, Sewer, Lawn/Yard Care, Cable/Satellite

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9173.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2023
Sold by
Dewitt Scott W and Dewitt Nancy D
Bought by
Dewitt Nancy Dirkse and Dewitt Scott W
Current Estimated Value
$985,769

Purchase Details

Listed on
Aug 1, 2020
Closed on
Sep 10, 2020
Sold by
The Patti B Cemy Trust
Bought by
Dewitt Scott W and Dewitt Nancy D
Seller's Agent
Dan Shanahan
Jaqua Realtors
Buyer's Agent
David Hulst
Coldwell Banker Woodland Schmidt Saugatuck
List Price
$524,900
Sold Price
$540,000
Premium/Discount to List
$15,100
2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.07%
Original Mortgage
$405,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2007
Sold by
Cerny Joseph C and Cerny Patti B
Bought by
Cerny Patti B and The Patti B Cerny Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dewitt Nancy Dirkse -- None Listed On Document
Dewitt Nancy Dirkse -- None Listed On Document
Dewitt Scott W $540,000 Premier Lakeshore Ttl Agcy L
Cerny Patti B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dewitt Scott W $405,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2020 09/10/20 Sold $540,000 +2.9% $257 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
08/01/2020 08/01/20 For Sale $524,900 -- $249 / 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 $11,653 $518,600 $39,200 $479,400
2024 -- $303,200 $31,300 $271,900
2023 -- $270,100 $32,000 $238,100
2022 $0 $282,900 $37,500 $245,400
2021 $7,860 $269,900 $37,500 $232,400
2020 $7,860 $286,500 $75,000 $211,500
2019 $0 $283,900 $75,000 $208,900
2018 $0 $245,500 $75,000 $170,500
2017 $0 $249,300 $75,000 $174,300
2016 $0 $197,300 $75,000 $122,300
2015 -- $197,300 $75,000 $122,300
2014 -- $234,300 $80,000 $154,300
2013 -- $224,900 $80,000 $144,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 20030674

MichRIC

APN: 57-860-004-00