NOT LISTED FOR SALE

807 Lake St Unit 5 Saugatuck, MI 49453

Estimated Value: $810,000 - $941,000

3 Beds
2.5 Baths
1,440 Sq Ft
2008 Built

Last Sold September 09, 2016

Last sale price $500,000 $347 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $5,951/month

17 Days on Market

Highlights

  • 197 Feet of Waterfront
  • In Ground Pool
  • Deck
  • Douglas Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Recreation Room

About This Home

As of September 2016

Nestled on the shores of the Saugatuck harbor, this location is priceless. Relax on the upper balcony and enjoy
stunning water views while soaking up the summer sun. The lower porch is the perfect setting to make memories. Step off the balcony and take the path down to the association swimming pool where there are lounge chairs and tables. Fun in the sun awaits! Endless summer activities are at your disposal. If you have the unfortunate luck of experiencing a rainy day on your vacation, there is plenty to keep you occupied inside this gorgeous condo. Curl up with a good book or relax on the sofa and watch a movie. Of course, the sounds of the harbor will always be there to sooth you. Not to be missed is all the excitement of both downtown Saugatuck and Douglas. Excellent rental his tory. Just a few short blocks away you will find boutiques, fine and casual dining, art galleries, ice cream and fudge shops, the center for the arts, the boardwalk, and so much more!

Last Agent to Sell the Property

Laura Durham

Mill Pond Realty License #6502136214 Listed on: 07/05/2016

Co-Listed By

Mark Klungle

Mill Pond Realty License #6501363122

Last Buyer's Agent

Laura Durham

Mill Pond Realty License #6502136214 Listed on: 07/05/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,245

Year Built

  • Built in 2008

Lot Details

  • 197 Feet of Waterfront
  • End Unit
  • Sprinkler System

Home Design

  • Slab Foundation
  • Metal Roof
  • HardiePlank Siding
  • Vinyl Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Low Emissivity Windows
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Mud Room
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Den
  • Recreation Room
  • Water Views

Kitchen

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

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Bathroom on Main Level
  • Whirlpool Bathtub

Laundry

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

Accessible Home Design

  • Accessible Bathroom
  • Roll Under Sink
  • Accessible Kitchen
  • Rocker Light Switch
  • Doors with lever handles
  • Doors are 36 inches wide or more
  • Accessible Electrical and Environmental Controls

Outdoor Features

  • In Ground Pool
  • Water Access
  • Property is near a lake
  • Deck
  • Porch

Location

  • Mineral Rights Excluded

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

  • Property has a Home Owners Association
  • Saugatuck Harbor Resort Condos

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,245

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 2
  • Year Built: 2008
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • OfficeContract Info:List PriceSqFt2: 357.64
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: Condo
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1440.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 11245.0
  • Waterfront Options:Water Access YN: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: 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
  • Windows:Insulated Windows: Yes
  • Windows:Low Emissivity Windows: Yes
  • Windows:Screens: 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
  • Mineral Rights:No: Yes
  • Roofing:Metal: Yes
  • Additional Items:Whirlpool Tub: Yes
  • General Property Info:Condo Proj Name: Saugatuck Harbor Resort
  • General Property Info:Pets YN: Yes
  • Appliances:Built in Oven: Yes
  • Water Heater:Electric3: Yes
  • Accessibility Feat:Lever Door Handles: Yes
  • Accessibility Feat:Rocker Light Switches: Yes
  • Accessibility Feat:Accessible Kitchen Sink: Yes
  • Accessibility Feat:Accessible Electric Controls: Yes
  • General Property Info:SqFt Above Grade: 1440.0
  • General Property Info Garage YN: No
  • Accessibility Feat 36 Inch Entrance Door: Yes
  • Flooring:Wood Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built in Oven, Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Accessibility Features: Rocker Light Switches, 36 Inch Entrance Door, Accessible Bath Sink, Accessible Electric Controls, Accessible Kitchen, Accessible M Flr Half Bath, Lever Door Handles
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Whirlpool Tub, Kitchen Island, Eat-in Kitchen, Pantry
  • Fireplace Features: Living Room, Primary Bedroom
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Slab
  • LivingArea: 1440.0
  • Window Features: Low-Emissivity Windows, Screens, Insulated Windows, Window Treatments
  • General Property Info:Stories2: 2.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Center Island: Yes
  • Kitchen Features:Mud Room Access: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes
  • Fireplace:Primary Bedroom: Yes
  • Accessibility Feat:Accessible M Flr Half Bath: Yes

Exterior Features

  • Construction Materials: HardiPlank Type, Vinyl Siding
  • List Price: 515000.0
  • Patio and Porch Features: Deck, Porch(es)
  • Pool Features: In Ground
  • Road Surface Type: Paved
  • Roof: Metal
  • Water Body Name: Kalamazoo Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: Yes
  • Driveway Paved: Yes
  • Exterior Material:HardPlankCement Board: Yes
  • 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, Storm Sewer, Broadband
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Cable TV, Detached Unit, End Unit, Pets Allowed, Pool
  • Association: Yes

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:View: Yes
  • Assoc Amenities:Cable TV: Yes
  • Assoc Amenities:Pets Allowed2: Yes
  • Assoc Amenities:End Unit: Yes
  • Water Fea Amenities:Assoc Access: Yes
  • Assoc Amenities:Detached Unit: Yes
  • Assoc Amenities:Pool: Yes

Lot Info

  • Lot Dimensions: Condo
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11245.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2016
Closed on
Sep 9, 2016
Sold by
Spengler Barry G and Cleland Patricia J
Bought by
Resener Michael and Hendren Kimberly D
Seller's Agent
Laura Durham
Mill Pond Realty
Buyer's Agent
Laura Durham
Mill Pond Realty
List Price
$515,000
Sold Price
$500,000
Premium/Discount to List
-$15,000
-2.91%
Current Estimated Value
$875,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,890
Avg. Annual Appreciation
6.23%
Original Mortgage
$400,000
Outstanding Balance
$319,505
Interest Rate
3.43%
Mortgage Type
Commercial
Estimated Equity
$556,385

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
Poletes George
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Resener Michael $500,000 Greco Title Agency
Spengler Barry G $124,900 --
Poletes George $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Resener Michael $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2016 09/09/16 Sold $500,000 -2.9% $347 / Sq Ft
07/22/2016 07/22/16 Pending -- -- --
07/05/2016 07/05/16 For Sale $515,000 -- $358 / 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 $16,176 $396,300 $139,000 $257,300
2024 -- $300,700 $100,100 $200,600
2023 -- $275,300 $100,100 $175,200
2022 $0 $257,000 $100,000 $157,000
2021 $13,658 $244,200 $100,000 $144,200
2020 $13,658 $246,200 $100,000 $146,200
2019 $0 $243,200 $100,000 $143,200
2018 $0 $226,500 $100,000 $126,500
2017 $0 $228,700 $100,000 $128,700
2016 $0 $218,200 $100,000 $118,200
2015 -- $218,200 $100,000 $118,200
2014 -- $228,400 $120,000 $108,400
2013 -- $202,800 $75,000 $127,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 16017337

MichRIC

APN: 57-875-005-00