NOT LISTED FOR SALE

842 Lake St Unit 11 Saugatuck, MI 49453

Estimated Value: $218,000 - $433,000

-- Bed
1 Bath
305 Sq Ft
$125/mo HOA Fee

Last Sold January 03, 2020

Last sale price $97,500 $320 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $1,983/month

62 Days on Market

Highlights

  • Cooling System Mounted In Outer Wall Opening
  • Douglas Elementary School Rated A
  • Heating Available

About This Home

As of January 2020

Perfect weekend get away opportunity in beautiful Saugatuck! Efficiency unit in the well known Arrowhead Condominium Resort, sleeps up to 4 people, with a built in Murphy bed, and pull out sofa. Full kitchen and bathroom, and just over 300 square feet of space provide you with a home base for resort town life. Close to dining, entertainment, shopping, and marinas, you won't lack for things to do around town. This association is seasonal from mid-April to October, and allows use as vacation rentals.

Last Agent to Sell the Property

Jim Wiersma

Coldwell Banker Woodland Schmidt License #6506043979 Listed on: 09/12/2019

Coldwell Banker Woodland Schmidt

Co-Listed By

Bernie Merkle

Coldwell Banker Woodland Schmidt License #6506041602

Last Buyer's Agent

Mark Young

Jaqua REALTORS License #6501310404

Jaqua REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,193

Year Built

  • Built in 1950

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Metal Roof
  • Aluminum Siding

Interior Spaces

  • 1 Full Bathroom
  • 305 Sq Ft Home
  • 1-Story Property

Kitchen

  • Range
  • Microwave

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • Association fees include electricity, water, trash, sewer, heat

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,193

Year Built

Built in 1950

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 1
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Microwave, Range, Refrigerator
  • Fireplace: No
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Slab
  • LivingArea: 305.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 99900.0
  • Roof: Metal
  • Waterfront: No

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected, Telephone Line, Natural Gas Connected, Public Water, Public Sewer, Cable Connected, Broadband

Condo/Co-op/Association

  • Association Fee: 750.0
  • Association Fee Frequency: Semi Annual
  • Association: Yes

Fee Information

  • Association Fee Includes: Electricity, Water, Trash, Sewer, Heat

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1193.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2019
Closed on
Jan 3, 2020
Sold by
Myers Jeff and Myers Heather
Bought by
Francis Sarkisian Nayrin K
Seller's Agent
Jim Wiersma
Coldwell Banker Woodland Schmidt
Buyer's Agent
Mark Young
Jaqua REALTORS
List Price
$99,900
Sold Price
$97,500
Premium/Discount to List
-$2,400
-2.4%
Current Estimated Value
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,500
Avg. Annual Appreciation
20.72%
Original Mortgage
$67,500
Outstanding Balance
$46,160
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$253,840

Purchase Details

Listed on
Jan 10, 2013
Closed on
Feb 27, 2013
Sold by
Sfr Venture Reo Llc
Bought by
Myers Jeff and Myers Heather
Seller's Agent
Cathy Hart
CENTURY 21 Affiliated
Buyer's Agent
Bernie Merkle
Coldwell Banker Woodland Schmidt
List Price
$34,900
Sold Price
$30,000
Premium/Discount to List
-$4,900
-14.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.78%

Purchase Details

Closed on
Jun 7, 2012
Sold by
Blust Jeffrey R and Blust Angela P
Bought by
2010-3 Sfr Venture Llc

Purchase Details

Closed on
Jan 30, 2009
Sold by
Horton Russell James
Bought by
Horton Russell James and The Russell James Horton Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Francis Sarkisian Nayrin K -- Chicago Title Of Mi Inc
Myers Jeff $30,000 Change Of Title Inc
2010-3 Sfr Venture Reo Llc $30,000 Change Title Inc
2010-3 Sfr Venture Llc $37,600 None Available
Horton Russell James -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Francis Sarkisian Nayrin K $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/03/2020 01/03/20 Sold $97,500 -2.4% $320 / Sq Ft
11/13/2019 11/13/19 Pending -- -- --
09/12/2019 09/12/19 For Sale $99,900 +233.0% $328 / Sq Ft
02/28/2013 02/28/13 Sold $30,000 -14.0% $86 / Sq Ft View Prior Sale
02/16/2013 02/16/13 Pending -- -- --
01/10/2013 01/10/13 For Sale $34,900 -- $100 / 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 $3,378 $79,900 $39,200 $40,700
2024 -- $65,400 $31,300 $34,100
2023 -- $55,400 $32,000 $23,400
2022 $0 $51,700 $30,000 $21,700
2021 $1,235 $50,100 $27,500 $22,600
2020 $1,235 $40,700 $25,000 $15,700
2019 $0 $36,200 $20,000 $16,200
2018 $0 $35,300 $20,000 $15,300
2017 $0 $35,600 $20,000 $15,600
2016 $0 $19,900 $8,800 $11,100
2015 -- $19,900 $8,800 $11,100
2014 -- $19,600 $8,800 $10,800
2013 -- $19,200 $8,800 $10,400
Source: Public Records

Agents Affiliated with this Home

  • Jim Wiersma

    Seller's Agent in 2020

    Jim Wiersma

    Coldwell Banker Woodland Schmidt

    (616) 396-5221

    7 in this area

    232 Total Sales

    Jim Wiersma
    Section Image
  • Bernie Merkle

    Seller Co-Listing Agent in 2020

    Bernie Merkle

    Coldwell Banker Woodland Schmidt

    (616) 886-2274

    8 in this area

    283 Total Sales

    Bernie Merkle
    Section Image
  • Mark Young

    Buyer's Agent in 2020

    Mark Young

    Jaqua REALTORS

    (269) 214-6658

    105 Total Sales

    Mark Young
    Section Image

  • C

    Seller's Agent in 2013

    Cathy Hart

    CENTURY 21 Affiliated

See All Agents

Map

Source: MichRIC

MLS Number: 19044695

MichRIC

APN: 57-030-011-01

Michigan Allegan County Saugatuck 49453

842 Lake St Unit 11, Saugatuck, MI

Not Listed for Sale

Condos

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