$125,000
SOLD DEC 30, 2020

842 Lake St Unit 3 Saugatuck, MI 49453

1 Bed
1 Bath
260 Sq Ft
$125/mo HOA Fee

Recently Sold

$481 Per Sq Ft

5% Above List Price

Highlights

  • Water Views
  • Window Unit Cooling System
  • Snack Bar or Counter
  • Douglas Elementary School Rated A
  • Living Room
  • Ceiling Fan

About This Home

As of November 2023

Great investment opportunity! Directly across the street from Kalamazoo Lake. Unit 3 is a 1 bedroom, 1 bath studio unit with kitchen and living area. Features Granite countertops and Perrgo flooring. Association dues include electric gas, water, snow removal, lawn maintenance and roof and siding maintenance. Relax and enjoy water views of the Harbor or stroll downtown. Each unit comes with parking space. Seasonal use only from approximately April 15th - October.

Last Agent to Sell the Property

Tammy Kerr

BHG Connections License #6502433373 Listed on: 12/16/2020

BHG Connections

Last Buyer's Agent

Rebecca Perkins

@HomeRealty Holland License #6501313899

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $877

Year Built

  • Built in 1989

Lot Details

  • Private Entrance
  • Sprinkler System

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Metal Roof
  • Aluminum Siding

Interior Spaces

  • 260 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Water Views
  • Laundry on main level

Kitchen

  • Oven
  • Range
  • Microwave
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System
  • Baseboard Heating
  • Cable TV Available

Community Details

Overview

  • Association fees include electricity, water, snow removal, sewer, lawn/yard care, heat
  • Arrowhead Resort Condominiums

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$877

Year Built

Built in 1989

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1989
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: Condo
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 260.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 877.0
  • Tax Info:Zoning3: R-ResortDist C4
  • Manufactured:Manufactured YN: No
  • Appliances Refrigerators: Yes
  • Utilities Attached:Cable: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Substructure:Slab: Yes
  • Additional Items:Ceiling Fans: Yes
  • Appliances Microwave: Yes
  • Landscape:Underground Sprinkler: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Roofing:Metal: Yes
  • General Property Info:Condo Proj Name: Arrowhead Resort Condominiums
  • General Property Info:Entry Type: Private
  • General Property Info:Pets YN: Yes
  • Heat Type:Baseboard: Yes
  • General Property Info:SqFt Above Grade: 260.0
  • General Property Info Garage YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Range, Oven, Microwave
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Slab
  • LivingArea: 260.0
  • General Property Info:Stories2: 1.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Snack Bar: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 119000.0
  • Lot Features: Sidewalk
  • Roof: Metal
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Baseboard
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected
  • Water Source: Public
  • Heat Source:Electric2: Yes

Condo/Co-op/Association

  • Association Fee: 750.0
  • Association Fee Frequency: Semi-Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: SemiAnnually

Association/Amenities

  • Association Info:Approx Assoc Fee2: 750.0
  • Association Info:Assoc Buy in Fee: 0
  • Association Info:Assoc Fee Payable: Semi-Annually
  • Water Fea Amenities:View: Yes

Fee Information

  • Association Fee Includes: Other, Electricity, Water, Snow Removal, Sewer, Lawn/Yard Care, Heat

Lot Info

  • Lot Dimensions: Condo
  • Zoning Description: R-ResortDist C4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 877.0
  • Tax Year: 2020

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%
Views
165
Current Estimated Value
$222,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,966
Avg. Annual Appreciation
6.73%

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
Source: Public Records

Range of Values:

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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 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: Public Records

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
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

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 $4,611 $94,900 $39,200 $55,700
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

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20028446

Southwestern Michigan Association of REALTORS®

APN: 57-030-003-00