NOT LISTED FOR SALE

807 Lake St Unit 8 Saugatuck, MI 49453

Estimated Value: $847,000 - $979,000

3 Beds
2.5 Baths
1,440 Sq Ft
2007 Built

Sale Details

Date Sold: June 13, 2014

Last sale price $440,000 $306 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $5,906 / mo

11 Days on Market

Highlights

  • 197 Feet of Waterfront
  • Docks
  • Wood Flooring
  • Douglas Elementary School Rated A
  • Deck
  • Community Pool

About This Home

As of June 2014

Info#7143 Location! Location! Location! This fantastic free-standing town home condo sits on the Kalamazoo river. Ideal as a year round residence, second home, or will work out wonderfully as a vacation rental. Easy flowing two story layout with custom finishes. This spectacular unit was finished with top quality in mind with 9' ceilings, lovely fireplace, granite counters, extra large windows boasting fantastic views of the harbor, and numerous small details that make this place a real stand out. Relax on the upper balcony or lower deck while taking in the stunning water views and watching the endless parade of boats in and out of the harbor. A boat slip is assigned to this unit and the association offers an in ground pool for your enjoyment. Walk to downtown Saugatuck and Douglas shops nd restaurants and forget about the parking hassles.

Last Agent to Sell the Property

Gregg Smith

Coldwell Banker Woodland Schmidt Saugatuck License #6501364902 Listed on: 05/14/2014

Coldwell Banker Woodland Schmidt Saugatuck

Last Buyer's Agent

Peggy Kropf

Keller Williams GR East License #6501333778

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,008

Year Built

  • Built in 2007

HOA Fees

  • $170 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Insulated Windows
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Water Views

Kitchen

  • Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Property is near a lake
  • Docks
  • Shared Waterfront
  • Deck
  • Porch

Utilities

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

Additional Features

  • 197 Feet of Waterfront
  • Mineral Rights Excluded

Community Details

Overview

  • Association fees include trash, snow removal, lawn/yard care

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,008

Year Built

Built in 2007

Lot Details

0 Sq Ft Lot

HOA Fees

$170 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 2
  • Year Built: 2007
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • OfficeContract Info:List PriceSqFt2: 329.86
  • 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:Design: Other
  • Tax Info:Annual Property Tax: 9008.0
  • Tax Info:Zoning3: R-Resort Dist C
  • 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: 1.0
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: 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
  • General Property Info:Fireplace: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Slab: Yes
  • Additional Items:Wood Floor: Yes
  • Mineral Rights:No: Yes
  • Roofing:Metal: Yes
  • General Property Info:SqFt Above Grade: 1440.0
  • General Property Info Garage YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer, Refrigerator, Oven, Dryer, Dishwasher, Cooktop
  • Interior Amenities: Wood Floor, Kitchen Island, Pantry
  • Fireplace Features: Gas Log, Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Slab
  • LivingArea: 1440.0
  • Window Features: Insulated Windows
  • General Property Info:Stories2: 2.0
  • Appliances:Oven: Yes
  • Kitchen Features:Center Island: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Cook Top: Yes

Exterior Features

  • Construction Materials: Other
  • Exterior Features: Porch(es), Deck(s)
  • List Price: 475000.0
  • Water Body Name: Kalamazoo Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Porch(es): Yes

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Pool
  • Association Fee: 170.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Association Info:Approx Assoc Fee2: 170.0
  • Association Info:Assoc Fee Payable: Monthly
  • Water Fea Amenities:View: Yes
  • Water Fea Amenities:Shared Frontage: Yes
  • Water Fea Amenities:Assoc Access: Yes
  • Water Fea Amenities:Dock: Yes
  • Assoc Amenities:Pool: Yes

Fee Information

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

Lot Info

  • Lot Dimensions: Condo
  • Zoning Description: R-Resort Dist C
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9008.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2014
Closed on
Jun 13, 2014
Sold by
Essex Property Management Llc
Bought by
Lesa A Ignasiak Trust
Seller's Agent
Gregg Smith
Coldwell Banker Woodland Schmidt Saugatuck
Buyer's Agent
Peggy Kropf
Keller Williams GR East
List Price
$475,000
Sold Price
$440,000
Premium/Discount to List
-$35,000
-7.37%
Current Estimated Value
$912,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$472,915
Avg. Annual Appreciation
6.34%

Purchase Details

Listed on
Jan 28, 2012
Closed on
Mar 22, 2013
Sold by
Sunny Shore Development Llc
Bought by
Essex Property Management Llc
Seller's Agent
Laura Durham
Mill Pond Realty
Buyer's Agent
Gregg Smith
Coldwell Banker Woodland Schmidt Saugatuck
List Price
$449,000
Sold Price
$387,500
Premium/Discount to List
-$61,500
-13.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.88%
Original Mortgage
$307,500
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2012
Sold by
Sunny Shores Development Llc
Bought by
The Bank Of Holland

Purchase Details

Closed on
Feb 28, 2006
Sold by
Morris Timothy and Morris Susan
Bought by
Shady Shores Property & Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2005
Sold by
Morris Timothy and Morris Susan
Bought by
Sturm Martin and Anderson Karen

Purchase Details

Closed on
Jan 10, 2000
Bought by
Morris Timothy and Morris Susan
Source: Public Records
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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
Lesa A Ignasiak Trust $440,000 Lighthouse Title Inc
Essex Property Management Llc $387,500 Lighthouse Title Inc
The Bank Of Holland $350,000 None Available
Shady Shores Property & Development Llc -- Transnation Title
Sturm Martin $56,350 --
Morris Timothy $63,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Essex Property Management Llc $307,500
Previous Owner Shady Shores Property & Development Llc $615,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2014 06/13/14 Sold $440,000 -7.4% $306 / Sq Ft
05/25/2014 05/25/14 Pending -- -- --
05/14/2014 05/14/14 For Sale $475,000 +22.6% $330 / Sq Ft
03/22/2013 03/22/13 Sold $387,500 -13.7% $269 / Sq Ft View Prior Sale
03/08/2013 03/08/13 Pending -- -- --
01/28/2012 01/28/12 For Sale $449,000 -- $312 / Sq Ft
Source: MichRIC

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 $11,150 $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
2020 $9,477 $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: 14025666

MichRIC

APN: 57-875-008-00

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