NOT LISTED FOR SALE

807 Lake St Unit 1 Saugatuck, MI 49453

Estimated Value: $816,000 - $945,000

3 Beds
2.5 Baths
1,480 Sq Ft
$142/mo HOA Fee

Last Sold September 28, 2018

Last sale price $575,000 $389 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $6,227/month

58 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 197 Feet of Waterfront
  • In Ground Pool
  • Douglas Elementary School Rated A
  • Docks
  • Fireplace in Primary Bedroom

About This Home

As of September 2018

Saugatuck-What a priceless location! Short walk to all of the Saugatuck & Douglas shops, restaurants & fun. Location is everything & this freestanding condo sits lakeside offering up unbeatable lake views! Complete w/private boat slip & pool.Use as year round residence, second home or profitable income generator. An open floor plan with custom interior finishes that include NEW Hardwood flooring, 9' ceilings, granite counters, center island, gas fireplace in living area, tiled baths, main floor laundry. Master Bedroom has large walk in closet, gas fireplace, private balcony w/lake view. An additional 2 bedrooms, full bath & loft area complete the second floor. From your private balconies sit & relax watching boats pass by or sit by the pool. Endless summer fun begins here!

Last Agent to Sell the Property

Kelley Blacken

Michigan Lifestyle Properties / Gull Lake Realty License #6501224499 Listed on: 05/23/2018

Co-Listed By

Paul Blacken

Michigan Lifestyle Properties / Gull Lake Realty

Last Buyer's Agent

Kathi McKenzie

Jaqua Realtors

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,071

Year Built

  • Built in 2008

Lot Details

  • 197 Feet of Waterfront
  • River Front
  • End Unit
  • Decorative Fence
  • Shrub
  • Sprinkler System
  • Garden

HOA Fees

  • $142 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,480 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Den
  • Recreation Room
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Snack Bar or Counter
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

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

Outdoor Features

  • Deeded Waterfront Access Rights
  • Docks
  • Shared Waterfront
  • Deck
  • Porch

Utilities

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

Community Details

Overview

  • Association fees include snow removal, lawn/yard care
  • Shady Shores Condominium Condos

Amenities

  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,071

Year Built

Built in 2008

Lot Details

0

HOA Fees

$142 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 2008
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • OfficeContract Info:List PriceSqFt2: 418.24
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 0
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1480.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 14071.0
  • Tax Info:Zoning3: Res. Resort
  • Waterfront Options:Water Access YN: 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: 2.0
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Waterfront Options:Water Frontage3: 197.0
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Slab: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Landscape:Underground Sprinkler: Yes
  • Landscape:Decor Fence: Yes
  • Landscape:Flower Garden: Yes
  • General Property Info:Condo Proj Name: Shady Shores Condominium
  • General Property Info:Entry Type: Common
  • General Property Info:Pets YN: Yes
  • Water Heater:Electric3: Yes
  • General Property Info:SqFt Above Grade: 1480.0
  • General Property Info Garage YN: No
  • Architectural Style:Traditional: Yes
  • Flooring:Wood Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Kitchen Island, Eat-in Kitchen
  • Fireplace Features: Gas Log, Living Room, Primary Bedroom
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Slab
  • LivingArea: 1480.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 2.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Kitchen Features:Center Island: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes
  • Fireplace:Primary Bedroom: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 619000.0
  • Patio and Porch Features: Deck, Porch(es)
  • Pool Features: In Ground
  • Roof: Composition
  • Water Body Name: Kalamazoo Lake
  • Waterfront Features: River
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): Yes
  • Pool:In Ground: Yes

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Detached Unit, End Unit, Pets Allowed, Pool, Storage
  • Association Fee: 1700.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Association Info:Approx Assoc Fee2: 1700.0
  • Water Fea Amenities:Deeded Access: Yes
  • Association Info:Assoc Fee Payable: Annually
  • Water Fea Amenities:View: Yes
  • Assoc Amenities:Pets Allowed2: Yes
  • Assoc Amenities:End Unit: Yes
  • Water Fea Amenities:Shared Frontage: Yes
  • Water Fea Amenities:Assoc Access: Yes
  • Assoc Amenities:Detached Unit: Yes
  • Water Fea Amenities:Dock: Yes
  • Assoc Amenities:Pool: Yes
  • Assoc Amenities:Storage: Yes

Fee Information

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

Lot Info

  • Lot Dimensions: 0
  • Zoning Description: Res. Resort
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 14071.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2018
Closed on
Sep 28, 2018
Sold by
Butler David G and Butler Patricia A
Bought by
Lies Zachary E and Woodward Elizabeth A
Seller's Agent
Kelley Blacken
Michigan Lifestyle Properties / Gull Lake Realty
Buyer's Agent
Kathi McKenzie
Jaqua Realtors
List Price
$649,900
Sold Price
$575,000
Premium/Discount to List
-$74,900
-11.52%
Current Estimated Value
$883,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,218
Avg. Annual Appreciation
6.14%
Original Mortgage
$460,000
Outstanding Balance
$404,919
Interest Rate
4.95%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$478,299

Purchase Details

Closed on
Apr 14, 2000
Sold by
Poletes George
Bought by
Spengler Barry G and Cleland Patricia

Purchase Details

Closed on
Jan 31, 2000
Bought by
Butler David G and Butler Patricia A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lies Zachary E $575,000 None Available
Spengler Barry G $124,900 --
Butler David G $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lies Zachary E $460,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2018 09/28/18 Sold $575,000 -11.5% $389 / Sq Ft
07/20/2018 07/20/18 Pending -- -- --
05/23/2018 05/23/18 For Sale $649,900 -- $439 / 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 $17,332 $400,600 $139,000 $261,600
2024 -- $304,300 $100,100 $204,200
2023 -- $278,500 $100,100 $178,400
2022 $0 $284,800 $125,000 $159,800
2021 $15,823 $271,700 $125,000 $146,700
2020 $15,823 $273,800 $125,000 $148,800
2019 $0 $270,700 $125,000 $145,700
2018 $0 $254,300 $125,000 $129,300
2017 $0 $253,700 $125,000 $128,700
2016 $0 $243,200 $125,000 $118,200
2015 -- $243,200 $125,000 $118,200
2014 -- $258,400 $150,000 $108,400
2013 -- $221,500 $93,800 $127,700
Source: Public Records

Agents Affiliated with this Home

  • Kelley Blacken

    Seller's Agent in 2018

    Kelley Blacken

    Michigan Lifestyle Properties / Gull Lake Realty

    (269) 806-4231

    55 Total Sales

    Kelley Blacken
    Section Image

  • P

    Seller Co-Listing Agent in 2018

    Paul Blacken

    Michigan Lifestyle Properties / Gull Lake Realty

  • K

    Buyer's Agent in 2018

    Kathi McKenzie

    Jaqua Realtors

See All Agents

Map

Source: MichRIC

MLS Number: 18000105

MichRIC

APN: 57-875-001-00

Michigan Allegan County Saugatuck 49453

807 Lake St Unit 1, Saugatuck, MI

Not Listed for Sale

Condos

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