V
Seller's Agent in 2023
Vickie Delands-kochans
Revivify Properties
(616) 516-6019
3 in this area
106 Total Sales
842 Lake St Unit 4 Saugatuck, MI 49453
Estimated Value: $218,000 - $239,000
1
Bed
1
Bath
260
Sq Ft
$150/mo
HOA Fee
Highlights
- Cooling System Mounted In Outer Wall Opening
- Patio
- Low Threshold Shower
- Douglas Elementary School Rated A
- Snack Bar or Counter
- Ceramic Tile Flooring
About This Home
As of May 2023OFFER DEADLINE 4/24 at noon.
Fully updated successful Short Term Rental located in Saugatuck's Resort District. Condo is open seasonally from 4/15-11/1.
This spacious studio condo has views of the Harbor from the bright windows.
Fully updated in 2021 to include new waterproof LVP flooring, updated kitchen, renovated bathroom with new vanity, tile floor and walk in tile shower.
This condo comes with 2 parking spaces.
Located an 8 minute walk from the heart of Saugatuck and a 10 minute walk to Douglas, this location is perfect.
$1,800/yr HOA fee includes everything except WIFI, taxes & your own insurance.
Gross rent has consistently been over $30,000 per year.
Contact listing agent for detailed financials and to set up a showing. Seller is related to licensed real estate agent in the State of Michigan.
Last Agent to Sell the Property
Revivify Properties License #6502401348 Listed on: 04/18/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,678
Year Built
- Built in 1989
Lot Details
- Private Entrance
- Shrub
HOA Fees
- $150 Monthly HOA Fees
Home Design
- Slab Foundation
- Metal Roof
- Vinyl Siding
Interior Spaces
- 260 Sq Ft Home
- 1-Story Property
- Replacement Windows
- Window Treatments
- Laundry on main level
Kitchen
- Range
- Dishwasher
- Snack Bar or Counter
Flooring
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Accessible Home Design
- Low Threshold Shower
- Stepless Entry
Outdoor Features
- Patio
Utilities
- Cooling System Mounted In Outer Wall Opening
- Central Air
- Heating System Uses Natural Gas
- Baseboard Heating
- High Speed Internet
- Cable TV Available
Community Details
Overview
- Association Phone (248) 320-5243
- Arrowhead Association Condos
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 18, 2023
Closed on
May 3, 2023
Sold by
Kochans John H
Bought by
Gombis Stephan
Seller's Agent
Vickie Delands-kochans
Revivify Properties
Buyer's Agent
Jerry Nienhuis
Keller Williams Lakeshore
List Price
$169,900
Sold Price
$192,000
Premium/Discount to List
$22,100
13.01%
Views
67
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
$25,239
Avg. Annual Appreciation
8.18%
Purchase Details
Listed on
Jul 20, 2020
Closed on
Oct 9, 2020
Sold by
Dad Company
Bought by
Kochans John H
Seller's Agent
Tammy Kerr
BHG Connections
Buyer's Agent
Vickie Delands-kochans
Revivify Properties
List Price
$119,000
Sold Price
$119,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.55%
Original Mortgage
$89,250
Interest Rate
2.9%
Mortgage Type
Commercial
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 |
|---|---|---|---|
| Gombis Stephan | $192,000 | None Listed On Document | |
| Kochans John H | $119,000 | 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 | Kochans John H | $89,250 | |
| 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 |
|---|---|---|---|---|
| 05/03/2023 05/03/23 | Sold | $192,000 | +13.0% | $738 / Sq Ft |
| 04/24/2023 04/24/23 | Pending | -- | -- | -- |
| 04/18/2023 04/18/23 | For Sale | $169,900 | +42.8% | $653 / Sq Ft |
| 10/09/2020 10/09/20 | Sold | $119,000 | 0.0% | $458 / Sq Ft |
| 09/05/2020 09/05/20 | Pending | -- | -- | -- |
| 07/20/2020 07/20/20 | 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 |
|---|---|---|---|---|
| 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
-
-
J
Buyer's Agent in 2023
Jerry Nienhuis
Keller Williams Lakeshore
(616) 494-6911
1 in this area
125 Total Sales
-
Seller's Agent in 2020
Tammy Kerr
BHG Connections
(616) 218-0873
45 in this area
270 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 23011603
APN: 57-030-004-00
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