NOT LISTED FOR SALE

Estimated Value: $4,451,566 - $4,986,000

5 Beds
8 Baths
5,499 Sq Ft
$848/Sq Ft Est. Value

Last Sold April 12, 2013

Last sale price $3,400,000 $618 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $28,525/month

48 Days on Market

Highlights

  • Golf Course Community
  • Public Water Access
  • Colonial Architecture
  • King's Highway Elementary School Rated A+
  • Waterfront
  • Property is near public transit

About This Home

As of April 2013

Tucked Away In Covlee Is 1 Of Wpt's Premier Waterfront Properties W/Dock. Exceptional Quality & Design For Casual & Elegant Living. Rich 2-300 Yr Old French Oak Flrs Gleam in The Open Great Rm/Lrm/Den. Warm & Inviting Spaces.

Last Agent to Sell the Property

Julia Broder

Coldwell Banker Realty License #RES.0077593 Listed on: 12/19/2012

Coldwell Banker Realty

Last Buyer's Agent

Julia Broder

Coldwell Banker Realty License #RES.0077593 Listed on: 12/19/2012

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,023

Year Built

  • Built in 2007

Lot Details

  • 0.5 Acre Lot
  • Waterfront
  • Sprinkler System
  • Property is zoned SF

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Shingle Roof
  • Shingle Siding

Interior Spaces

  • 5,499 Sq Ft Home
  • Sound System
  • Ceiling Fan
  • 2 Fireplaces
  • French Doors
  • Entrance Foyer
  • Water Views
  • Walkup Attic
  • Home Security System

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Outdoor Features

  • Public Water Access
  • Balcony
  • Patio
  • Rain Gutters

Location

  • Flood Zone Lot
  • Property is near public transit
  • Property is near shops
  • Property is near a golf course

Schools

  • Kings Hwy Elementary School
  • Coleytown Middle School
  • Staples High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Radiant Heating System

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include grounds maintenance

Amenities

  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,023

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Neighborhood: Saugatuck Shore
  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 5499
  • Public Record Living Room Sq Ft: 4299
  • Total Sq Ft: 5499
  • Year Built: 2007
  • New Construction: Completed/Never Occupied
  • Nearby Amenities: Golf Course, Library, Park, Playground/Tot Lot, Pool, Public Transportation, Shopping/Mall, Tennis Courts
  • Association Amenities: Golf Course, Park, Playground/Tot Lot, Pool, Tennis Courts
  • Remarks Public Addendum: 7 Covlee Drive Represents A Premier Waterfront Residence Located In The Covlee Association Along The Saugatuck Shoresan Unencumbered Interior Floor Plan With Great Window Ex- Panses From Most Rms Along With Several Private Mahogany Decks Take Full
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 8345
  • Directions: Duck Pond To Harbor To Covlee
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 14
  • Total Bedrooms: 5
  • Total Bathrooms: 8.00
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Fireplaces: 2
  • Attic Description: Walk-up
  • Basement Description: Cooled, Fully Finished, Full, Storage, Walk-out
  • Interior Amenities: Audio System, Security System
  • Appliances: Cook Top, Dishwasher, Dryer, Icemaker, Microwave, Refrigerator, Wall Oven, Washer
  • Additional Rooms: Foyer, Laundry Room
  • Laundry Room Location: 2Nd Floor Laund. Rm
  • Attic: Yes
  • Street Number Modifier: 7

Exterior Features

  • Exterior Features: Balcony, French Doors, Gutters, Patio, Underground Sprinkler
  • Exterior Siding: Shingle
  • Foundation Type: Concrete
  • Roof Information: Wood Shingle
  • Waterfront Description: Dock or Mooring, Frontage, View, Water Community, Direct Waterfront
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Attached Garage, On Street Parking, Paved
  • Garages Number: 2

Utilities

  • Cooling System: Ceiling Fans, Central Air, Zoned
  • Heat Type: Radiant, Zoned
  • Heat Fuel Type: Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance
  • HOA Fees: 125
  • HOA: Yes

Schools

  • Elementary School: Kings Hwy
  • Middle School: Coleytown
  • High School: Staples

Lot Info

  • Acres: 0.5000
  • Lot Description: In Flood Zone, Fence - Partial
  • Zoning: SF

Tax Info

  • Tax Year: July 2012-June 2013
  • Property Tax: 37023
  • Total Assessed Value: 2067200
  • Mil Rate Total: 17.910
  • Assessor Parcel Number: 410364
  • Tax Year Pub Record: 2012

MLS Schools

  • Elementary School: Kings Hwy
  • Middle Jr High School: Coleytown
  • High School: Staples

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2012
Closed on
Apr 15, 2013
Sold by
Zucker Barbara L
Bought by
Barkoff Meryl and Barkoff Matthew
Seller's Agent
Julia Broder
Coldwell Banker Realty
Buyer's Agent
Julia Broder
Coldwell Banker Realty
List Price
$3,990,000
Sold Price
$3,400,000
Premium/Discount to List
-$590,000
-14.79%
Current Estimated Value
$4,622,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,222,964
Avg. Annual Appreciation
2.59%
Original Mortgage
$1,000,000
Outstanding Balance
$225,217
Interest Rate
3.55%
Estimated Equity
$4,436,305

Purchase Details

Closed on
Dec 20, 1993
Sold by
Biele Albert and Biele Arlene
Bought by
Ford Jo Ann and Roath Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.03%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Barkoff Meryl $3,400,000 --
Barkoff Meryl $3,400,000 --
Ford Jo Ann $910,000 --
Ford Jo Ann $910,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barkoff Meryl $1,000,000
Closed Biele Albert $1,000,000
Previous Owner Biele Albert $1,375,000
Previous Owner Biele Albert $927,500
Previous Owner Biele Albert $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2013 04/12/13 Sold $3,400,000 -14.8% $618 / Sq Ft
03/13/2013 03/13/13 Pending -- -- --
12/19/2012 12/19/12 For Sale $3,990,000 -- $726 / Sq Ft
Source: SmartMLS

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 $40,028 $2,122,400 $969,600 $1,152,800
2024 $38,819 $2,084,800 $969,600 $1,115,200
2023 $38,256 $2,084,800 $969,600 $1,115,200
2022 $37,672 $2,084,800 $969,600 $1,115,200
2021 $37,672 $2,084,800 $969,600 $1,115,200
2020 $37,140 $2,222,600 $1,020,600 $1,202,000
2019 $37,473 $2,222,600 $1,020,600 $1,202,000
2018 $37,473 $2,222,600 $1,020,600 $1,202,000
2017 $37,473 $2,222,600 $1,020,600 $1,202,000
2016 $37,473 $2,222,600 $1,020,600 $1,202,000
2015 $37,396 $2,067,200 $1,129,300 $937,900
2014 $37,086 $2,067,200 $1,129,300 $937,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 99012130

SmartMLS

APN: WPOR-000002A-000000-000032