NOT LISTED FOR SALE

842 Lake St Unit 7 Saugatuck, MI 49453

Estimated Value: $226,000 - $270,000

1 Bed
1 Bath
576 Sq Ft
$150/mo HOA Fee

Last Sold September 22, 2020

Last sale price $149,000 $259 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,713/month

45 Days on Market

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 September 2020

Great investment opportunity! Directly across the street from Kalamazoo Lake. Unit 7 is a 1 bedroom 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.

Results of Arrowhead Board Meeting:

Assessments go from $1500 to $1800 per year.

Tabled full time status until costs and plumbing are analyzed.

Last Agent to Sell the Property

Tammy Kerr

BHG Connections License #6502433373 Listed on: 07/20/2020

BHG Connections

Last Buyer's Agent

Dick Waskin

RE/MAX Saugatuck-Douglas License #6502106649

RE/MAX Saugatuck-Douglas

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $946

Year Built

  • Built in 1989

Lot Details

  • Private Entrance
  • Sprinkler System

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Metal Roof
  • Aluminum Siding

Interior Spaces

  • 576 Sq Ft Home
  • 3-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

$946

Year Built

Built in 1989

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Stories: 3
  • 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: 576.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 946.0
  • 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: 576.0
  • 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: 576.0
  • General Property Info:Stories2: 3.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Snack Bar: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 174900.0
  • 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: 900.0
  • Association Fee Frequency: Semi-Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: SemiAnnually

Association/Amenities

  • Association Info:Approx Assoc Fee2: 900.0
  • 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: 946.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2020
Closed on
Sep 22, 2020
Sold by
Dad Company
Bought by
Vanbreene Jenean
Seller's Agent
Tammy Kerr
BHG Connections
Buyer's Agent
Dick Waskin
RE/MAX Saugatuck-Douglas
List Price
$169,000
Sold Price
$149,000
Premium/Discount to List
-$20,000
-11.83%
Current Estimated Value
$245,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,411
Avg. Annual Appreciation
10.87%

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
Mar 25, 2004
Sold by
Sappanos Jon C and Sappanos Ann Marie
Bought by
Sappanos Donald L

Purchase Details

Closed on
Aug 21, 2001
Sold by
Sappanos Donald L
Bought by
Sappanos Jon C and Sappanos Ann Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Vanbreene Jenean $149,000 Chicago Title Of Mi Inc
Dad Company $20,600 None Available
Chemical Bank $228,000 None Available
Midwest Development Company -- None Available
Sappanos Donald L -- Metropolitan Title Company
Sappanos Jon C -- Metropolitan Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sappanos Jon C $89,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2020 09/22/20 Sold $149,000 -11.8% $259 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $169,000 -- $293 / 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 $2,836 $100,800 $39,200 $61,600
2024 -- $82,700 $31,300 $51,400
2023 -- $67,100 $32,000 $35,100
2022 $0 $62,600 $30,000 $32,600
2021 $819 $61,300 $27,500 $33,800
2020 $819 $35,400 $25,000 $10,400
2019 $0 $30,800 $20,000 $10,800
2018 $0 $29,200 $20,000 $9,200
2017 $0 $29,400 $20,000 $9,400
2016 $0 $15,600 $8,800 $6,800
2015 -- $15,600 $8,800 $6,800
2014 -- $15,300 $8,800 $6,500
2013 -- $15,000 $8,800 $6,200
Source: Public Records

Agents Affiliated with this Home

  • Tammy Kerr

    Seller's Agent in 2020

    Tammy Kerr

    BHG Connections

    (616) 218-0873

    45 in this area

    266 Total Sales

    Tammy Kerr
    Section Image
  • Dick Waskin

    Buyer's Agent in 2020

    Dick Waskin

    RE/MAX Michigan

    (616) 218-3191

    13 in this area

    97 Total Sales

    Dick Waskin
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20028477

Southwestern Michigan Association of REALTORS®

APN: 57-030-007-01

Michigan Allegan County Saugatuck 49453

842 Lake St Unit 7, Saugatuck, MI

This home is located at 842 Lake St Unit 7, Saugatuck, MI 49453 since 20 July 2020 and is currently estimated at $245,411, approximately $426 per square foot. This property was built in 1989. 842 Lake St Unit 7 is a home located in Allegan County with nearby schools including Douglas Elementary School, Saugatuck Middle School, and Saugatuck High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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