Seller's Agent in 2020
Andrea Crossman
Coldwell Banker Woodland Schmidt
(616) 218-0267
535 Total Sales
77501 Summers Gate Cir Unit 12 South Haven, MI 49090
Estimated Value: $956,000 - $1,788,000
6
Beds
4
Baths
2,864
Sq Ft
$481/Sq Ft
Est. Value
Highlights
- Deeded Waterfront Access Rights
- Beach
- Deck
- 91 Feet of Waterfront
- In Ground Pool
- Family Room with Fireplace
About This Home
As of September 2020Classic coastal designed Lake Michigan lakefront cottage with large open concept rooms, 2 massive rock fireplaces, hardwood floors, a screen porch, decks on all levels, a wet bar & entertainment bar, 6-10 person bunk room, window seats, mud room, and spa master suite with deck & lake views. Relax by your private pool or by the beach and enjoy the large outdoor play center & basketball court. Gated entrance, beautiful and professional landscaping with irrigation. This grand cottage was designed to take in the awesome views and is finished top to bottom in fresh and fun coastal colors and finishes. The exterior is classic beach style, maintenance free and ready to go for summer fun. Fantastic vacation income property with rents to $18,000/week. Turn key, being sold fully furnished. Electric and gas and water bill run about $500 -$600 a month in summer combined. And $400 a month in the winter combined. Weekly house cleaning $300 ( paid by renter )
Weekly pool service $300
Weekly yard service $60
VRBO on annual contract to market is $500. $200 VRBO fee per week.
Heather is concierge caretaker overseeing cleaning crew, offering chef services on the side. This is the second year I've had Heather out of 13 years of rentals... It was just a convenience for me... But I did rent without Heather as a manager for me for 13 years with no problems.
I just did it so I didn't even have to think about it... And usually give her about $1000 a week... So I guess I receive 80 to 90% of my rental rate myself if I include Heather's $1,000 or so per week.
Last Agent to Sell the Property
Coldwell Banker Woodland Schmidt License #6506043931 Listed on: 07/20/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $25,429
Year Built
- Built in 2004
Lot Details
- 0.46 Acre Lot
- Lot Dimensions are 91x250x91x250
- 91 Feet of Waterfront
- Property fronts a private road
- Shrub
- Level Lot
- Sprinkler System
- Wooded Lot
- Garden
- Back Yard Fenced
HOA Fees
- $208 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Traditional Architecture
- Composition Roof
- Metal Roof
- HardiePlank Siding
Interior Spaces
- 2,864 Sq Ft Home
- 2-Story Property
- Wet Bar
- Ceiling Fan
- Gas Log Fireplace
- Low Emissivity Windows
- Insulated Windows
- Window Treatments
- Window Screens
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Dining Area
- Screened Porch
- Water Views
- Home Security System
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
- Kitchen Island
- Snack Bar or Counter
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms | 1 Main Level Bedroom
- 4 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Natural lighting in basement
Outdoor Features
- In Ground Pool
- Deeded Waterfront Access Rights
- Property is near a lake
- Shared Waterfront
- Deck
- Patio
- Play Equipment
Utilities
- Humidifier
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Water Softener is Owned
- High Speed Internet
- Phone Available
- Satellite Dish
Community Details
Overview
- Association fees include trash, snow removal, lawn/yard care
Recreation
- Beach
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 20, 2020
Closed on
Sep 12, 2020
Sold by
Gerry Joshua D and Gerry Cindy
Bought by
Klemm Dirk and Klemm Keryl
Seller's Agent
Andrea Crossman
Coldwell Banker Woodland Schmidt
Buyer's Agent
Ron Seiler
Coldwell Banker Woodland Schmidt
List Price
$1,500,000
Sold Price
$1,450,000
Premium/Discount to List
-$50,000
-3.33%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$71,029
Avg. Annual Appreciation
-0.98%
Original Mortgage
$1,087,500
Outstanding Balance
$965,084
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$413,887
Purchase Details
Closed on
Jun 30, 2004
Sold by
Cottage Home Inc
Bought by
Gerry Joshua D and Gerry Cindy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,596
Interest Rate
6.39%
Mortgage Type
Unknown
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Klemm Dirk | -- | Chicago Title Of Mi Inc | |
| Gerry Joshua D | $650,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Klemm Dirk | $1,087,500 | |
| Previous Owner | Gerry Joshua D | $522,596 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/12/2020 09/12/20 | Sold | $1,450,000 | -3.3% | $506 / Sq Ft |
| 07/27/2020 07/27/20 | Pending | -- | -- | -- |
| 07/20/2020 07/20/20 | For Sale | $1,500,000 | -- | $524 / Sq Ft |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 | $30,786 | $869,400 | $0 | $0 |
| 2024 | $20,386 | $700,600 | $0 | $0 |
| 2023 | $19,416 | $674,500 | $0 | $0 |
| 2022 | $27,834 | $543,800 | $0 | $0 |
| 2021 | $26,558 | $503,500 | $271,700 | $231,800 |
| 2020 | $25,812 | $488,700 | $271,700 | $217,000 |
| 2019 | $25,827 | $499,800 | $499,800 | $0 |
| 2018 | $27,290 | $554,300 | $554,300 | $0 |
| 2017 | $25,664 | $574,000 | $0 | $0 |
| 2016 | $26,420 | $564,300 | $0 | $0 |
| 2015 | $15,799 | $564,300 | $0 | $0 |
| 2014 | $16,126 | $610,900 | $0 | $0 |
| 2013 | -- | $518,300 | $518,300 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Andrea Crossman
-
Ron Seiler
Buyer's Agent in 2020
Ron Seiler
Coldwell Banker Woodland Schmidt
(269) 214-0253
113 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 20028483
APN: 80-17-145-012-00
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