NOT LISTED FOR SALE

6426 Waterfall Way Saugatuck, MI 49453

Estimated Value: $569,712 - $792,000

3 Beds
2 Baths
1,650 Sq Ft
$418/Sq Ft Est. Value

Last Sold March 23, 2020

Last sale price $400,000 $242 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $4,410/month

7 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Beach
  • In Ground Pool
  • Douglas Elementary School Rated A
  • Indoor Spa
  • A-Frame, Dome or Log Home

About This Home

As of March 2020

Great log home on a cul-de-sac with woods on 3 sides with Goshorn Lake access nearby & association swimming pool. A bright, open concept log interior with vaulted ceilings and 2-story field stone gas fireplace. In addition to the 3 bedrooms, the open loft area is great for extra quests. The private screened porch features a hot tub and outdoor dining area with the woods as your backdrop. Enjoy the private setting or take a quick ride to the Saugatuck Dunes state park or downtown Saugatuck & Douglas. A wonderful opportunity to own an income producing vacation getaway. Furnishings included with acceptable offer. The Association takes care of all the grounds, pool, boardwalk and even the wood exterior of the homes. Vacasa is currently managing rentals and providing full service rental management and has improved rental income since taking over midway in 2019. This unit is a top rental in Vacasa's Rental portfolio. Home currently rents for $2400-4500/week and about $42,000 in income in 2019. Get your prospective clients in while there are some openings & enjoy the great location and cabin amenities.

Last Agent to Sell the Property

Andrea Crossman

Coldwell Banker Woodland Schmidt License #6506043931 Listed on: 03/02/2020

Coldwell Banker Woodland Schmidt

Last Buyer's Agent

Cathy Ficks-Blasy

Epique Realty License #6501388295

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,337

Year Built

  • Built in 2008

Lot Details

  • 2,004 Sq Ft Lot
  • Lot Dimensions are 50 x 40
  • Property fronts a private road
  • Shrub
  • Level Lot
  • Wooded Lot

HOA Fees

  • $195 Monthly HOA Fees

Home Design

  • A-Frame, Dome or Log Home
  • Log Cabin
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,650 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Screened Porch
  • Indoor Spa
  • Wood Flooring
  • Crawl Space

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Shared Waterfront

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Community Details

Overview

  • Association fees include snow removal, lawn/yard care
  • $200 HOA Transfer Fee

Recreation

  • Beach
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,337

Year Built

Built in 2008

Lot Details

0

HOA Fees

$195 per month

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Log Home
  • Stories: 2
  • Year Built: 2008
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 251.52
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50 x 40
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1650.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 7337.0
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Lot Description:Level: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Windows:Insulated Windows: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Water Heater:Natural Gas4: Yes
  • Substructure:Crawl Space: Yes
  • Additional Items:Whirlpool Tub: Yes
  • Additional Items:Hot Tub Spa: Yes
  • General Property Info:SqFt Above Grade: 1650.0
  • General Property Info Garage YN: No
  • Flooring:Wood Floor: Yes
  • Architectural Style Log Home: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s), Broadband, Hot Tub Spa, Pantry
  • Fireplace Features: Gas Log, Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space
  • LivingArea: 1650.0
  • Spa Features: Whirlpool Tub
  • Window Features: Screens, Insulated Windows, Window Treatments
  • General Property Info:Stories2: 2.0
  • Appliances:Oven: 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: Scrn Porch
  • List Price: 415000.0
  • Lot Features: Level, Wooded
  • Patio and Porch Features: Porch(es)
  • Pool Features: In Ground
  • Road Frontage Type: Private Road
  • Roof: Composition
  • Water Body Name: Goshorn Lake
  • Waterfront Features: Lake
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Features:Scrn Porch: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Pool:In Ground: Yes

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Beach Area, Pool
  • Association Fee: 585.0
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Association Info:Approx Assoc Fee2: 585.0
  • Association Info:Assoc Buy in Fee: 200
  • Water Fea Amenities:Deeded Access: Yes
  • Association Info:Assoc Fee Payable: Quarterly
  • Water Fea Amenities:Shared Frontage: Yes
  • Water Fea Amenities:Assoc Access: Yes
  • Assoc Amenities:Pool: Yes
  • Assoc Amenities:Beach Area: Yes

Fee Information

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

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 50 x 40
  • Lot Size Sq Ft: 2004.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7337.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2020
Closed on
Mar 23, 2020
Sold by
Back G Bradley G and Back Ann Z
Bought by
Michels Jennifer
Seller's Agent
Andrea Crossman
Coldwell Banker Woodland Schmidt
Buyer's Agent
Cathy Ficks-Blasy
Epique Realty
List Price
$415,000
Sold Price
$400,000
Premium/Discount to List
-$15,000
-3.61%
Current Estimated Value
$690,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,428
Avg. Annual Appreciation
9.96%

Purchase Details

Closed on
Apr 23, 2009
Sold by
Tillman Colvin Llc
Bought by
Back G Bradley and Back Ann Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,920
Interest Rate
5.05%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Michels Jennifer $400,000 Chicago Title Of Mi Inc
Back G Bradley $339,900 Lighthouse Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Back G Bradley $271,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2020 03/23/20 Sold $400,000 -3.6% $242 / Sq Ft
03/09/2020 03/09/20 Pending -- -- --
03/02/2020 03/02/20 For Sale $415,000 -- $252 / 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 $7,034 $240,100 $32,000 $208,100
2024 -- $300,400 $30,000 $270,400
2023 $6,537 $216,900 $30,000 $186,900
2022 $6,473 $237,800 $28,800 $209,000
2021 $6,234 $207,200 $28,800 $178,400
2020 $4,631 $191,000 $28,800 $162,200
2019 $7,337 $190,200 $28,800 $161,400
2018 $7,103 $175,800 $27,800 $148,000
2017 $0 $162,400 $27,800 $134,600
2016 $0 $156,900 $27,800 $129,100
2015 -- $156,900 $27,800 $129,100
2014 -- $152,000 $27,800 $124,200
2013 -- $148,900 $25,000 $123,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 20007817

MichRIC

APN: 20-235-029-00