$575,000
SOLD NOV 25, 2019

888 Holland St Saugatuck, MI 49453

10 Beds
10 Baths
5,100 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$113 Per Sq Ft

28% Below List Price

Highlights

  • Spa
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Douglas Elementary School Rated A
  • Recreation Room
  • Whirlpool Bathtub

About This Home

As of November 2019

Here is an amazing business opportunity in the desirable resort town of Saugatuck. Located on the main road into town, this historic 9 Guestroom Bed and Breakfast boasts a great opportunity for growth. The Park House Inn (www.parkhouseinn.com), it's only 3 short blocks to downtown Saugatuck and all of the shops and restaurants it has to offer. The B&B itself offers guests all of the amenities that one has come to expect. All 9 of the spacious Guestrooms have private bathrooms, flat screen TV's, some have whirlpool tubs and two even have their own outdoor hot tub. The Innkeepers Quarters has a spacious living area with wood burning fireplace, bedroom and private bath. And then we have the amazing chefs kitchen with high-end stainless appliances and all of the space you will need to let your inner chef shine! If you've ever had the thought that you would like to own and run your own Bed and Breakfast, take the time to come visit Park House and be one step closer to making that dream come true.

Last Agent to Sell the Property

Gregg Smith

Coldwell Banker Woodland Schmidt Saugatuck License #6501364902 Listed on: 07/29/2019

Coldwell Banker Woodland Schmidt Saugatuck

Last Buyer's Agent

Jim Wiersma

Coldwell Banker Woodland Schmidt License #6506043979

Coldwell Banker Woodland Schmidt

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1857

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 84x100
  • Garden
  • Property is zoned NHM, NHM

Parking

  • Unpaved Driveway

Home Design

  • Composition Roof
  • Log Siding

Interior Spaces

  • 5,100 Sq Ft Home
  • 3-Story Property
  • Built-In Desk
  • Ceiling Fan
  • Window Treatments
  • Mud Room
  • Living Room
  • Dining Room with Fireplace
  • 10 Fireplaces
  • Recreation Room
  • Screened Porch
  • Wood Flooring
  • Partial Basement

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 10 Bedrooms | 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • 10 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • Roll Under Sink
  • Doors are 36 inches wide or more
  • Accessible Approach with Ramp
  • Accessible Ramps

Pool

  • Spa

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1857

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 3
  • Year Built: 1857
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 84x100
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 5100.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • General Property Info:Design: Other
  • Tax Info:Annual Property Tax: 16029.0
  • Tax Info:Zoning3: NHM
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 10.0
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Substructure:Partial: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: Yes
  • Utilities Attached:Telephone Line: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Water Heater:Natural Gas4: Yes
  • Additional Items:Wood Floor: Yes
  • Additional Items:Whirlpool Tub: Yes
  • Landscape:Flower Garden: Yes
  • Appliances:Built in Oven: Yes
  • Additional Items:Hot Tub Spa: Yes
  • Driveway:Shared Unpaved: Yes
  • Accessibility Feat:Ramped Entrance: Yes
  • General Property Info:SqFt Above Grade: 5100.0
  • General Property Info Garage YN: No
  • Accessibility Feat 36 Inch Entrance Door: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Freezer, Dryer, Disposal, Dishwasher, Cooktop, Built in Oven
  • Accessibility Features: Ramped Entrance, 36 Inch Entrance Door, Accessible Bath Sink
  • Interior Amenities: Ceiling Fan(s), Hot Tub Spa, Whirlpool Tub, Wood Floor, Pantry
  • Fireplace Features: Formal Dining, Primary Bedroom, Other
  • Fireplace: Yes
  • Fireplaces: 10
  • Total Bedrooms: 10
  • Main Level Bedrooms: 3
  • Full Bathrooms: 10
  • Total Bathrooms: 10
  • Basement: Partial
  • LivingArea: 5100.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 3.0
  • Kitchen Features:Mud Room Access: Yes
  • Kitchen Features Pantry: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Primary Bedroom: Yes
  • Kitchen Features:Desk Built-In: Yes
  • Appliances:Cook Top: Yes
  • Appliances:Freezer: Yes
  • Fireplace:Formal Dining: Yes

Exterior Features

  • Construction Materials: Log
  • Exterior Features: Scrn Porch
  • List Price: 650000.0
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: Yes
  • Exterior Material:Log: Yes
  • Exterior Features:Scrn Porch: Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Cable Connected, Public Water, Public Sewer, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Dimensions: 84x100
  • Lot Size Sq Ft: 8276.0
  • Zoning Description: NHM
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 16029.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2019
Closed on
Nov 25, 2019
Sold by
Trudell & Rossi Inc
Bought by
Malsum Llc
Seller's Agent
Gregg Smith
Coldwell Banker Woodland Schmidt Saugatuck
Buyer's Agent
Jim Wiersma
Coldwell Banker Woodland Schmidt
List Price
$799,500
Sold Price
$575,000
Premium/Discount to List
-$224,500
-28.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.97%
Original Mortgage
$431,250
Outstanding Balance
$381,760
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$606,596

Purchase Details

Closed on
Jun 15, 2005
Sold by
Petty Joseph B and Petty Lynda L
Bought by
Trudell & Rossi Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.86%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $575,000 None Available
Warranty Deed $802,000 Lighthouse Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $431,250 Future Advance Clause Open End Mortgage
Previous Owner $388,000 Future Advance Clause Open End Mortgage
Previous Owner $550,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 Price Changed $1,195,000 -4.4% $213 / Sq Ft
08/15/2024 08/15/24 Price Changed $1,250,000 -3.8% $223 / Sq Ft
06/28/2024 06/28/24 For Sale $1,300,000 +126.1% $232 / Sq Ft
11/25/2019 11/25/19 Sold $575,000 -28.1% $113 / Sq Ft
07/29/2019 07/29/19 For Sale $799,500 -- $157 / Sq Ft
07/12/2019 07/12/19 Pending -- -- --
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 $19,061 $365,900 $30,600 $335,300
2024 -- $321,600 $28,800 $292,800
2023 -- $315,400 $27,100 $288,300
2022 $0 $309,900 $45,900 $264,000
2021 $18,002 $315,300 $41,800 $273,500
2020 $18,002 $311,500 $104,400 $207,100
2019 $0 $427,300 $33,400 $393,900
2018 $0 $460,800 $50,100 $410,700
2017 $0 $468,200 $50,100 $418,100
2016 $0 $265,800 $47,400 $218,400
2015 -- $265,800 $47,400 $218,400
2014 -- $260,000 $125,300 $134,700
2013 -- $258,600 $131,500 $127,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19006270

Southwestern Michigan Association of REALTORS®

APN: 57-100-016-00