NOT LISTED FOR SALE

555 Lake St Unit 12 Saugatuck, MI 49453

Estimated Value: $562,000 - $618,000

2 Beds
2 Baths
1,300 Sq Ft
$316/mo HOA Fee

Last Sold June 21, 2021

Last sale price $430,000 $331 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,785/month

5 Days on Market

Highlights

  • Docks
  • In Ground Pool
  • Ceramic Tile Flooring
  • Douglas Elementary School Rated A
  • Contemporary Architecture
  • Central Air

About This Home

As of June 2021

Just in time for Summer. Come take a look at this well kept, spacious 2bed, 2bath Condo over looking the Kalamazoo Lake Harbor. Perfect location to watch the Holiday Fireworks, and just minutes to Downtown Saugatuck. Large deck that overlooks the association grounds and in ground pool. As well as your own boat slip directly out front. (Boat slips are very hard to come by this summer)
Newer Water Softener and Furnace. New Roof in 2011.
This location is almost as good as it gets for Saugatuck. Quiet with privacy, but minutes from all of the Saugatuck Fun.

Last Agent to Sell the Property

Kevin Schippa

RE/MAX Saugatuck-Douglas License #6501380122 Listed on: 05/21/2021

RE/MAX Saugatuck-Douglas

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

  • $6,584

Year Built

  • Built in 1981

HOA Fees

  • $316 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Living Room with Fireplace
  • Ceramic Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Docks
  • Shared Waterfront

Utilities

  • Central Air
  • Heating Available
  • Water Softener is Owned
  • Cable TV Available

Community Details

Overview

  • Association fees include trash, snow removal, lawn/yard care

Amenities

  • Community Storage Space

Recreation

  • Waterfront Owned by Association
  • Water Sports

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,584

Year Built

Built in 1981

Lot Details

0

HOA Fees

$316 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Contemporary
  • Stories: 2
  • Year Built: 1981
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal, Dishwasher, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Ceiling Fans, Ceramic Floor, Water Softener/Owned
  • Fireplace Features: Gas Log, Living
  • Fireplace: Yes
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Slab
  • LivingArea: 1300.0
  • Window Features: Insulated Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 489500.0
  • Pool Features: Outdoor/Inground
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Kalamazoo Lake
  • Waterfront Features: All Sports, Assoc Access, Dock, Shared Frontage
  • Waterfront: Yes

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Pets Allowed, Storage
  • Association Fee: 316.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Trash, Snow Removal, Lawn/Yard Care

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6584.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jun 21, 2021
Sold by
Apkarian Arthur J and Apkarian Mary V
Bought by
Martell John A and Martell Bonnie M
Seller's Agent
Kevin Schippa
RE/MAX Saugatuck-Douglas
Buyer's Agent
David Hulst
Coldwell Banker Woodland Schmidt Saugatuck
List Price
$489,500
Sold Price
$430,000
Premium/Discount to List
-$59,500
-12.16%
Current Estimated Value
$614,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,873
Avg. Annual Appreciation
8.68%

Purchase Details

Closed on
Nov 16, 2016
Sold by
Apkarian Arthur J and Apkarian Mary V
Bought by
The Arthur J & Mary V Apkarian Living Tr

Purchase Details

Closed on
Jul 27, 2007
Sold by
Apkarian Arthur J and Apkarian Mary R
Bought by
Mary R Apkarian Trust
Source: Public Records

Range of Values:

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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
Martell John A $430,000 None Available
Apkarian Arthur J -- None Available
The Arthur J & Mary V Apkarian Living Tr -- Attorney
Mary R Apkarian Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Apkarian Arthur J $219,000
Previous Owner Apkarian Arthur J $225,000
Previous Owner Apkarian Mary R $231,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2021 06/21/21 Sold $430,000 -12.2% $331 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $489,500 -- $377 / Sq Ft
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 $13,237 $253,400 $140,400 $113,000
2024 -- $232,400 $127,000 $105,400
2023 -- $212,700 $120,400 $92,300
2022 $0 $208,500 $125,000 $83,500
2021 $6,584 $155,700 $90,000 $65,700
2020 $6,584 $125,900 $85,000 $40,900
2019 $0 $125,400 $85,000 $40,400
2018 $0 $134,500 $85,000 $49,500
2017 $0 $184,200 $80,000 $104,200
2016 $0 $138,700 $56,800 $81,900
2015 -- $138,700 $56,800 $81,900
2014 -- $136,500 $56,800 $79,700
2013 -- $134,000 $56,800 $77,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21018649

Southwestern Michigan Association of REALTORS®

APN: 57-830-012-00