NOT LISTED FOR SALE

6444 134th Ave Saugatuck, MI 49453

Estimated Value: $480,000 - $765,000

4 Beds
2 Baths
3,382 Sq Ft
$180/Sq Ft Est. Value

Last Sold February 12, 2019

Last sale price $303,000 $90 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $3,527/month

Highlights

  • Golf Course Community
  • Wooded Lot
  • Forced Air Heating System
  • Douglas Elementary School Rated A

About This Home

As of February 2019

Multifamily opportunity overlooking Clearbrook Golf Course with much potential. 6 total units, 3 duplex buildings. Each unit offers 2 bedrooms, one bath, full basement and garage storage. Some units have had recent renovation and others with longer term tenants are as-is. Showings are restricted to accommodate the tenants.

Last Agent to Sell the Property

Liz Engel

CENTURY 21 Affiliated License #6502381359 Listed on: 02/13/2019

CENTURY 21 Affiliated

Last Buyer's Agent

Liz Engel

CENTURY 21 Affiliated License #6502381359 Listed on: 02/13/2019

CENTURY 21 Affiliated

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1989

Lot Details

  • 1.9 Acre Lot
  • Wooded Lot

Parking

  • 12 Parking Spaces

Home Design

  • Composition Roof

Basement

  • Natural lighting in basement

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas

Community Details

Overview

  • 3 Buildings
  • 6 Units

Recreation

  • Golf Course Community

Building Details

  • Insurance Expense $3,168
  • Maintenance Expense $979
  • Operating Expense $14,641
  • Gross Income $59,388
  • Net Operating Income $44,747

Property Details

Home Type

Apartment

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight

Exterior Features

  • List Price: 350000.0
  • Lot Features: Golf Community, Wooded
  • Number of Buildings: 3
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 12.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Cable Connected
  • Water Source: Well

Lot Info

  • Lot Size Acres: 1.9
  • Lot Size Area: 1.9
  • Lot Size Sq Ft: 82764.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Gross Income: 59388.0
  • Insurance Expense: 3168.0
  • Maintenance Expense: 979.0
  • Net Operating Income: 44747.0
  • Number of Units Total: 6
  • Operating Expense: 14641.0

Tax Info

  • Tax Annual Amount: 1.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2019
Closed on
Feb 11, 2019
Sold by
M And M Equities Llc
Bought by
All Around Group Llc
Seller's Agent
Liz Engel
CENTURY 21 Affiliated
Buyer's Agent
Liz Engel
CENTURY 21 Affiliated
List Price
$350,000
Sold Price
$303,000
Premium/Discount to List
-$47,000
-13.43%
Current Estimated Value
$609,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,000
Avg. Annual Appreciation
10.57%

Purchase Details

Closed on
Nov 6, 2007
Sold by
M & M Equities Llc
Bought by
Welch Larry and Welch Sandy

Purchase Details

Closed on
Jul 19, 2002
Sold by
Sandy Hollow Properties Llc
Bought by
M & M Equities Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,500
Interest Rate
6.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2002
Sold by
Welch Lawrence T and Welch Sandra
Bought by
Sandy Hollow Properties Llc

Purchase Details

Closed on
Dec 6, 2001
Sold by
Edewaard Michael J and Edewaard Terry
Bought by
Welch Lawrence T and Welch Sandra
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
All Around Group Llc $303,000 Ata Natl Title Group Llc
Welch Larry -- None Available
M & M Equities Llc $355,000 Transnation Title Insurance
Sandy Hollow Properties Llc -- --
Welch Lawrence T $287,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner M & M Equities Llc $319,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2019 02/13/19 For Sale $350,000 +15.5% $103 / Sq Ft
02/12/2019 02/12/19 Sold $303,000 -- $90 / Sq Ft
02/01/2019 02/01/19 Pending -- -- --
Source: MichRIC

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 $3,541 $145,500 $19,400 $126,100
2024 -- $113,400 $19,400 $94,000
2023 $3,259 $93,800 $16,500 $77,300
2022 $3,162 $84,100 $13,400 $70,700
2021 $3,047 $79,600 $13,400 $66,200
2020 $2,844 $62,500 $13,400 $49,100
2019 $2,612 $61,100 $13,400 $47,700
2018 $2,612 $59,000 $13,400 $45,600
2017 $0 $58,500 $13,400 $45,100
2016 $0 $56,000 $12,700 $43,300
2015 -- $56,000 $12,700 $43,300
2014 -- $54,700 $2,300 $52,400
2013 -- $54,800 $2,300 $52,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MichRIC

MLS Number: 19005219

MichRIC

APN: 20-010-002-00