842 Lake St Unit 3 Saugatuck, MI 49453
Saugatuck NeighborhoodHighlights
- 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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $74,400 | New Conventional | |
| Previous Owner | $249,500 | Commercial | |
| Previous Owner | $670,000 | Unknown | |
| Previous Owner | $356,000 | Purchase Money Mortgage |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $205,000 | Clearstream Title | |
| Warranty Deed | $161,500 | Chicago Title | |
| Warranty Deed | $125,000 | Chicago Title Of Mi Inc | |
| Warranty Deed | $206,000 | Sun Tile Of Agency Of Michig | |
| Land Contract | -- | None Available | |
| Sheriffs Deed | $228,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | -- | None Available |
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 23032682
APN: 57-030-003-00
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