NOT LISTED FOR SALE

991 Ridgeview Ln Unit 2 Saugatuck, MI 49453

Estimated Value: $1,637,586 - $1,767,000

0.38 Acre
$4,479,718 Price per Acre
16,553 Sq Ft Lot

Last Sold May 03, 2019

Last sale price $51,500

Est. 3,205% increase in value since last sale

Current estimated payment $10,505/month

34 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Cul-De-Sac
  • Douglas Elementary School Rated A

About This Lot

As of May 2019

Beautiful partially wooded, .38 acre lot in Saugatuck! Hard to find, affordable building sites in Saugatuck. Not a site condo, this cul-de-sac development has protective covenants in place to ensure your investment including an 1800 SQ FT home minimum and natural materials on the exterior. Easy access to downtown or main roads. All sites are nicely wooded offering a private, natural setting.Fully improved & cleared building site in the City of Saugatuck with city water & sewer, paved street, & easy access to downtown. Bring your own builder, minimum 1800 sq ft home and all natural materials per subdivision restrictions. The east 20 feet of the lot has a designated drainage easement to the City of Saugatuck.

Last Agent to Sell the Property

Kyle Geenen

Coldwell Banker Woodland Schmidt License #6506045834 Listed on: 02/19/2019

Coldwell Banker Woodland Schmidt

Last Buyer's Agent

Cynthia Compton

RE/MAX Lakeshore License #6501361127

RE/MAX Lakeshore

Property Details

Property Type

  • Land

Lot Details

  • 0.38 Acre Lot
  • Cul-De-Sac
  • Cleared Lot
  • Wooded Lot

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • ResoPropertyType: Land
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 55000.0
  • Lot Features: Buildable, Cleared, Cul-De-Sac, Wooded
  • Topography: {"Level":true}
  • Waterfront: No

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.38
  • Lot Size Area: 0.38
  • Lot Size Sq Ft: 16553.0
  • Zoning Description: R-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1905.5
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2019
Closed on
May 1, 2019
Sold by
Doornbos Stacey Jo
Bought by
Compton Mark W and Compton Wonder C
Seller's Agent
Kyle Geenen
Coldwell Banker Woodland Schmidt
Buyer's Agent
Cynthia Compton
RE/MAX Lakeshore
List Price
$55,000
Sold Price
$51,500
Premium/Discount to List
-$3,500
-6.36%
Current Estimated Value
$1,702,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,650,793
Avg. Annual Appreciation
69.36%
Original Mortgage
$46,350
Outstanding Balance
$40,576
Interest Rate
3.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,661,717

Purchase Details

Listed on
Jun 7, 2016
Closed on
Mar 13, 2017
Sold by
Voge Llc
Bought by
Doornbos Stacey Jo
Seller's Agent
Liz Engel
CENTURY 21 Affiliated
Buyer's Agent
Kyle Geenen
Coldwell Banker Woodland Schmidt
List Price
$42,500
Sold Price
$42,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.39%
Original Mortgage
$34,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Compton Mark W $51,500 Bridge Title Agency Llc
Doornbos Stacey Jo $42,500 Midstate Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Compton Mark W $46,350
Previous Owner Doornbos Stacey Jo $34,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2019 05/03/19 Sold $51,500 -6.4% --
03/25/2019 03/25/19 Pending -- -- --
02/19/2019 02/19/19 For Sale $55,000 +29.4% --
03/14/2017 03/14/17 Sold $42,500 0.0% -- View Prior Sale
01/13/2017 01/13/17 Pending -- -- --
06/07/2016 06/07/16 For Sale $42,500 -- --
Source: MichRIC

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 $18,712 $1,424,100 $143,900 $1,280,200
2024 -- $624,200 $60,000 $564,200
2023 -- $497,700 $40,100 $457,600
2022 $0 $474,500 $37,900 $436,600
2021 $1,959 $388,700 $37,700 $351,000
2020 $1,959 $33,900 $33,900 $0
2019 $0 $33,900 $33,900 $0
2018 $0 $32,700 $32,700 $0
2017 $0 $32,700 $32,700 $0
2016 $0 $47,500 $47,500 $0
2015 -- $47,500 $47,500 $0
2014 -- $41,300 $41,300 $0
2013 -- $41,300 $41,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 19005809

MichRIC

APN: 57-790-002-00