NOT LISTED FOR SALE

555 Lake St Unit 3 Saugatuck, MI 49453

Estimated Value: $552,000 - $627,000

2 Beds
2 Baths
1,303 Sq Ft
$315/mo HOA Fee

Last Sold June 16, 2022

Last sale price $511,000 $392 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,512/month

12 Days on Market

Highlights

  • Docks
  • Public Water Access
  • Contemporary Architecture
  • Douglas Elementary School Rated A
  • In Ground Pool
  • 1 Car Attached Garage

About This Home

As of June 2022

Saugatuck Shores TURN-KEY WATERFRONT CONDO within half a mile to downtown Saugatuck, restaurants, shops and galleries. This top floor end unit includes a 13x39 boat slip. Boat or kayak the Kalamazoo River into Douglas, downtown Saugatuck, Lake Michigan or the Ox-Bow swimming area via one of the most beautiful channels in the state. You will love the open floor plan, cozy gas fireplace for those cooler nights, and large balcony with retractable awning. The custom kitchen has beautiful granite counter tops and maximizes storage space! Large loft space (2nd bedroom) with 2nd full bath offers additional sleeping quarters or room for a workout area, home office or both! Stunning water views throughout!
Bonus: Enjoy peace of mind with a new washing machine, new HVAC, new water heater an new garbage disposal. There is additional storage space for outdoor smaller boats as well as heated indoor storage in the laundry room. This one will go quickly! Call Emily for your private showing today!

Last Agent to Sell the Property

Emily Anderson

Greenridge Realty South Haven License #6501420468 Listed on: 05/12/2022

Last Buyer's Agent

Laura Durham

Mill Pond Realty License #6502136214

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,186

Year Built

  • Built in 1983

HOA Fees

  • $315 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Carport

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,303 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Area

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Public Water Access
  • Docks
  • Deeded Boat Dock
  • Shared Waterfront

Utilities

  • Central Air
  • Heating Available

Community Details

Overview

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

Recreation

  • Waterfront Owned by Association
  • Water Sports

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,186

Year Built

Built in 1983

Lot Details

0

HOA Fees

$315 per month

Parking

1

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Contemporary
  • Stories: 2
  • Year Built: 1983
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace Features: Living
  • Fireplace: Yes
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Slab
  • LivingArea: 1303.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Materials: Wood Siding, Brick
  • List Price: 499000.0
  • Pool Features: Outdoor/Inground
  • Roof: Composition
  • Water Body Name: Kalamazoo Lake
  • Waterfront Features: All Sports, Assoc Access, Deeded Boat Lot, Dock, Public Access 1 Mile or Less, Shared Frontage
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport: Yes
  • Garage Spaces: 1.0
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Yes

Condo/Co-op/Association

  • Association Fee: 315.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 9186.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2022
Sold by
Glaza Laura
Bought by
Laura Glaza Living Trust
Current Estimated Value
$587,180

Purchase Details

Listed on
May 12, 2022
Closed on
Jun 16, 2022
Sold by
Legnini Mark W
Bought by
Glaza Laura
Seller's Agent
Emily Anderson
Greenridge Realty South Haven
Buyer's Agent
Laura Durham
Mill Pond Realty
List Price
$499,000
Sold Price
$511,000
Premium/Discount to List
$12,000
2.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.41%

Purchase Details

Listed on
Jul 16, 2019
Closed on
Jul 17, 2020
Sold by
Collins Sandra K and Collins Revocable Liv Sandra K
Bought by
Legnini Mark W and Hughes Kathleen E
Seller's Agent
David Hulst
Coldwell Banker Woodland Schmidt Saugatuck
Buyer's Agent
Nico Leo
Coldwell Banker Woodland Schmidt Saugatuck
List Price
$459,000
Sold Price
$405,000
Premium/Discount to List
-$54,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.87%

Purchase Details

Closed on
May 17, 2017
Sold by
Collins Ronald W
Bought by
Liv Collins Sandra K and Liv Sandra K Collins Revocable

Purchase Details

Closed on
Apr 6, 2012
Sold by
Collins Ronald W and Collins Sandra K
Bought by
Liv Collins Ronald W and Liv Ronald W Collins Revocable

Purchase Details

Closed on
Jan 6, 2006
Sold by
Ayers Brown Cara S
Bought by
Collins Ronald W and Collins Sandra K

Purchase Details

Closed on
Jun 27, 2005
Sold by
Stevens Dale W and Stevens Joyce M
Bought by
Collins Ronald W and Collins Sandra K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,800
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac
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
Laura Glaza Living Trust -- --
Glaza Laura $511,000 Ata National Title Group
Legnini Mark W $405,000 Chicago Title Of Mi Inc
Liv Collins Sandra K -- Attorney
Collins Ronald W -- Attorney
Liv Collins Ronald W -- None Available
Collins Ronald W -- None Available
Ayers Brown Cara S -- None Available
Collins Ronald W -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Collins Sandra K $322,400
Previous Owner Collins Ronald W $224,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2022 06/16/22 Sold $511,000 +2.4% $392 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $499,000 +23.2% $383 / Sq Ft
07/17/2020 07/17/20 Sold $405,000 -11.8% $311 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
07/16/2019 07/16/19 For Sale $459,000 -- $352 / 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 $12,260 $256,200 $140,400 $115,800
2024 -- $214,100 $127,000 $87,100
2023 -- $197,000 $120,400 $76,600
2022 $0 $194,400 $125,000 $69,400
2021 $5,078 $155,700 $90,000 $65,700
2020 $5,078 $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: 22017710

Southwestern Michigan Association of REALTORS®

APN: 57-830-003-00