NOT LISTED FOR SALE

707 N Maple St Saugatuck, MI 49453

Estimated Value: $548,000 - $757,000

3 Beds
2 Baths
1,400 Sq Ft
$482/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $385,000 $275 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,733/month

73 Days on Market

Highlights

  • 1 Fireplace
  • Douglas Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of May 2024

Investment properties like this don't come on the market often. 2 units with walking distance to downtown Saugatuck, First unit is one bed, one bath with garage.Second unit is 2 bed, 1 bath. Both have long term renters.Photos are of 2 bed unit. This won't last

Last Agent to Sell the Property

Sharon McBash

Coldwell Banker Woodland Schmidt Saugatuck License #6501303900 Listed on: 01/05/2024

Coldwell Banker Woodland Schmidt Saugatuck

Last Buyer's Agent

Nicole Villegas

License #6501373552

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,374

Year Built

  • Built in 1973

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 80x160

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Crawl Space
  • Laundry on main level

Parking

  • 2 Parking Spaces
  • Gravel Driveway

Schools

  • Douglas Elementary School
  • Saugatuck Middle School
  • Saugatuck High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, trash collection, gas
  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,374

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1973
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 243.14
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 80x160
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 3373.93
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Driveway:Gravel: Yes
  • Substructure:Crawl Space: Yes
  • Laundry Features Main Level: Yes
  • General Property Info Elementary School2: Douglas
  • General Property Info High School: Saugatuck
  • General Property Info Middle School2: Saugatuck
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Crawl Space
  • Basement: No

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 399000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Other, Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0
  • Unit 1:Garage4: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Laundry Features: Main Level
  • Sewer: Public Sewer
  • Utilities: Public Sewer Available, Natural Gas Available, Natural Gas Connected, Cable Connected

Schools

  • Elementary School: Douglas
  • High School: Saugatuck
  • Middle/Junior School: Saugatuck

Lot Info

  • Lot Size Acres: 0.29
  • Lot Size Area: 0.29
  • Lot Dimensions: 80x160
  • Lot Size Sq Ft: 12632.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electric, Trash Collection, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3373.93
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
May 7, 2024
Sold by
Fennville Investments Llc
Bought by
Hoffman Eric
Seller's Agent
Sharon McBash
Coldwell Banker Woodland Schmidt Saugatuck
Buyer's Agent
Nicole Villegas
List Price
$499,900
Sold Price
$385,000
Premium/Discount to List
-$114,900
-22.98%
Views
171
Current Estimated Value
$675,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,234
Avg. Annual Appreciation
41.45%
Original Mortgage
$378,026
Outstanding Balance
$372,634
Interest Rate
6.79%
Mortgage Type
FHA
Estimated Equity
$302,600
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hoffman Eric $385,000 Chicago Title Of Michigan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman Eric $378,026
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2024 05/10/24 Sold $385,000 -3.5% $275 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
03/05/2024 03/05/24 Price Changed $399,000 -11.1% $285 / Sq Ft
02/16/2024 02/16/24 Price Changed $449,000 -6.3% $321 / Sq Ft
02/05/2024 02/05/24 Price Changed $479,000 -4.2% $342 / Sq Ft
01/05/2024 01/05/24 For Sale $499,900 -- $357 / 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 $2,223 $182,900 $86,000 $96,900
2024 -- $117,700 $26,800 $90,900
2023 $3,249 $100,900 $26,400 $74,500
2022 $3,153 $93,200 $25,300 $67,900
2021 $3,038 $90,100 $25,300 $64,800
2020 $2,836 $82,200 $25,300 $56,900
2019 $2,686 $75,400 $25,300 $50,100
2018 $2,686 $66,600 $25,300 $41,300
2017 $0 $65,600 $25,300 $40,300
2016 $0 $61,800 $27,400 $34,400
2015 -- $61,800 $27,400 $34,400
2014 -- $63,600 $27,400 $36,200
2013 -- $68,700 $27,400 $41,300
Source: Public Records

Agents Affiliated with this Home

  • Sharon McBash

    Seller's Agent in 2024

    Sharon McBash

    Coldwell Banker Woodland Schmidt Saugatuck

    (616) 848-0067

    9 in this area

    44 Total Sales

    Sharon McBash
    Section Image

  • N

    Buyer's Agent in 2024

    Nicole Villegas

    Section Image
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Map

Source: MichRIC

MLS Number: 24001814

MichRIC

APN: 20-010-018-10

Michigan Allegan County Saugatuck 49453

707 N Maple St, Saugatuck, MI

Not Listed for Sale

MultiFamily

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