Seller's Agent in 2023
Doug Takens
Independence Realty (Main)
(616) 262-4574
4 in this area
787 Total Sales
842 Lake St Unit 3 Saugatuck, MI 49453
Saugatuck NeighborhoodEstimated Value: $221,000 - $268,000
1
Bed
1
Bath
260
Sq Ft
$150/mo
HOA Fee
Highlights
- Main Floor Bedroom
- Cooling System Mounted In Outer Wall Opening
- Living Room
- Douglas Elementary School Rated A
- Patio
- Snack Bar or Counter
About This Home
As of November 2023Welcome to your own cozy 1 bed / 1 bath studio condo in the heart of all Saugatuck has to offer! The unit is set up perfectly for recreational use or a thriving short-term rental with its incredible rental history. 2023 rental income is $26,000+. The condo features a fully equipped kitchen with granite countertops, a snack bar, living area, queen-sized bed & 2 designated parking spaces. The Kalamazoo Lake is right across the street & you're just a few short blocks (3 minute walk, 30 second drive) from downtown shopping, restaurants, boardwalk, marinas, and live music. SEASONAL use only from mid-April to the 1st week of November. Association dues include: heat, electric, water, trash, exterior maintenance, winterization, and de-winteration. Only 12 units total in the quaint resort. Pets must receive written approval. Can be purchased furnished as well! Call for a private showing today!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,527
Year Built
- Built in 1989
Lot Details
- Private Entrance
- Sprinkler System
HOA Fees
- $150 Monthly HOA Fees
Home Design
- Slab Foundation
- Metal Roof
- Vinyl Siding
Interior Spaces
- 260 Sq Ft Home
- 1-Story Property
- Living Room
- Laundry on main level
Kitchen
- Range
- Microwave
- Snack Bar or Counter
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Accessible Home Design
- Accessible Bedroom
- Accessible Entrance
- Stepless Entry
Utilities
- Cooling System Mounted In Outer Wall Opening
- Baseboard Heating
- Electric Water Heater
- Cable TV Available
Additional Features
- Patio
- Interior Unit
Community Details
Overview
- Association fees include electricity, water, trash, snow removal, sewer, lawn/yard care, heat
- Association Phone (248) 320-5243
- Arrowhead Resort Condominiums
- Arrowhead Resort Condominiums Subdivision
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 1, 2023
Closed on
Nov 3, 2023
Sold by
Hansen Nicole
Bought by
H & N Adventures Llc
Seller's Agent
Doug Takens
Independence Realty (Main)
Buyer's Agent
Mary Nader
616 Realty LLC
List Price
$230,000
Sold Price
$205,000
Premium/Discount to List
-$25,000
-10.87%
Total Days on Market
54
Views
165
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
$33,414
Avg. Annual Appreciation
10.59%
Purchase Details
Listed on
May 25, 2022
Closed on
Jun 8, 2022
Sold by
Moralez and Erin
Bought by
Ahearne Andrew and Childs-Ahearne Lisa
Seller's Agent
Rebecca Perkins
@HomeRealty Holland
Buyer's Agent
Doug Takens
Independence Realty (Main)
List Price
$149,900
Sold Price
$161,500
Premium/Discount to List
$11,600
7.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.43%
Purchase Details
Listed on
Dec 16, 2020
Closed on
Dec 30, 2020
Sold by
Dad Company
Bought by
Moralez Daniel and Dimmer Erin
Seller's Agent
Tammy Kerr
BHG Connections
Buyer's Agent
Rebecca Perkins
@HomeRealty Holland
List Price
$119,000
Sold Price
$125,000
Premium/Discount to List
$6,000
5.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.47%
Purchase Details
Closed on
Sep 19, 2017
Sold by
Chemical Bank
Bought by
Dad Company
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,500
Interest Rate
3.86%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 13, 2012
Sold by
Chemical Bank
Bought by
Dad Company
Purchase Details
Closed on
Sep 15, 2011
Sold by
Midwest Development Company
Bought by
Chemical Bank
Purchase Details
Closed on
Dec 11, 2009
Sold by
840 Lake Street Llc
Bought by
Midwest Development Company
Purchase Details
Closed on
Aug 24, 2006
Sold by
Chemical Bank
Bought by
Borland Dean T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| H & N Adventures Llc | -- | None Listed On Document | |
| Hansen Nicole | $205,000 | Clearstream Title | |
| Ahearne Andrew | $161,500 | Chicago Title | |
| Moralez Daniel | $125,000 | Chicago Title Of Mi Inc | |
| Dad Company | $206,000 | Sun Tile Of Agency Of Michig | |
| Dad Company | -- | None Available | |
| Chemical Bank | $228,000 | None Available | |
| Midwest Development Company | -- | None Available | |
| Borland Dean T | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Moralez Daniel J | $74,400 | |
| Previous Owner | Dad Company | $249,500 | |
| Previous Owner | Midwest Development Co | $670,000 | |
| Previous Owner | Borland Dean T | $356,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/03/2023 11/03/23 | Sold | $205,000 | -4.6% | $788 / Sq Ft |
| 10/25/2023 10/25/23 | Pending | -- | -- | -- |
| 09/27/2023 09/27/23 | Price Changed | $214,900 | -2.3% | $827 / Sq Ft |
| 09/20/2023 09/20/23 | Price Changed | $219,900 | +0.4% | $846 / Sq Ft |
| 09/13/2023 09/13/23 | Price Changed | $219,000 | -2.6% | $842 / Sq Ft |
| 09/09/2023 09/09/23 | Price Changed | $224,900 | -2.2% | $865 / Sq Ft |
| 09/01/2023 09/01/23 | For Sale | $230,000 | +42.4% | $885 / Sq Ft |
| 06/08/2022 06/08/22 | Sold | $161,500 | +7.7% | $621 / Sq Ft |
| 06/01/2022 06/01/22 | Pending | -- | -- | -- |
| 05/25/2022 05/25/22 | For Sale | $149,900 | +19.9% | $577 / Sq Ft |
| 12/30/2020 12/30/20 | Sold | $125,000 | +5.0% | $481 / Sq Ft |
| 12/16/2020 12/16/20 | Pending | -- | -- | -- |
| 12/16/2020 12/16/20 | For Sale | $119,000 | -- | $458 / 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 |
|---|---|---|---|---|
| 2024 | -- | $77,800 | $31,300 | $46,500 |
| 2023 | -- | $63,700 | $32,000 | $31,700 |
| 2022 | $0 | $59,500 | $30,000 | $29,500 |
| 2021 | $894 | $58,000 | $27,500 | $30,500 |
| 2020 | $894 | $34,400 | $25,000 | $9,400 |
| 2019 | $0 | $29,800 | $20,000 | $9,800 |
| 2018 | $0 | $28,200 | $20,000 | $8,200 |
| 2017 | $0 | $28,400 | $20,000 | $8,400 |
| 2016 | $0 | $14,800 | $8,800 | $6,000 |
| 2015 | -- | $14,800 | $8,800 | $6,000 |
| 2014 | -- | $14,300 | $8,800 | $5,500 |
| 2013 | -- | $13,900 | $8,800 | $5,100 |
Source: Public Records
Agents Affiliated with this Home
-
Doug Takens
-
Mary Nader
Buyer's Agent in 2023
Mary Nader
616 Realty LLC
(616) 745-0058
1 in this area
29 Total Sales
-
Rebecca Perkins
Seller's Agent in 2022
Rebecca Perkins
@HomeRealty Holland
(616) 218-6161
2 in this area
278 Total Sales
-
Tammy Kerr
Seller's Agent in 2020
Tammy Kerr
BHG Connections
(616) 218-0873
45 in this area
276 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 23032682
APN: 57-030-003-00
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