NOT LISTED FOR SALE

Estimated Value: $3,057,000 - $5,034,000

0.44 Acre
$8,411,155 Price per Acre
19,166 Sq Ft Lot

Last Sold January 17, 2013

Last sale price $665,000 $477 Per Sq Ft

Est. 457% increase in value since last sale

Current estimated payment $22,507/month

4 Days on Market

Highlights

  • Beach Access
  • Corner Lot
  • No HOA
  • Saugatuck Elementary School Rated A+

About This Lot

As of January 2013

Build new or remodel

Last Agent to Sell the Property

Edward Strauss

William Pitt Sotheby's Int'l License #RES.0763515 Listed on: 12/23/2012

Last Buyer's Agent

Jillian Klaff

Coldwell Banker Realty License #RES.0365700

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,783

Lot Details

  • 0.44 Acre Lot
  • Corner Lot

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association

Recreation

  • Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$6,783

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Potential Short Sale: No
  • Public Record Living Room Sq Ft: 5008
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Directions: corner of compo rd south and mortar rock
  • Special Features: None

Interior Features

  • Street Number Modifier: 147

Exterior Features

  • Waterfront Description: Beach Rights
  • Road Frontage Description: Municipal Street
  • Road Frontage Approximate: 90

Utilities

  • Water Source: Public Water Connected
  • Sewer: Cesspool, Septic
  • Utilities Available: Cable, Electric Available, Gas, Telephone
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.4400
  • Lot Description: Corner Lot
  • Lots Number Of: 1
  • Subdividable Ynu: No
  • Zoning: A

Tax Info

  • Tax Year: July 2012-June 2013
  • Property Tax: 6783
  • Total Assessed Value: 378700
  • Mil Rate Total: 17.910
  • Assessor Parcel Number: 418483
  • Tax Year Pub Record: 2012

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2013
Sold by
Westport Building Co L
Bought by
Schmidt Timothy D and Schmidt Dina L
Current Estimated Value
$3,700,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,065,505
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,635,403

Purchase Details

Listed on
Dec 23, 2012
Closed on
Jan 17, 2013
Sold by
Dickinson Roger and Dickinson Judy
Bought by
Westport Building Co L
Seller's Agent
Edward Strauss
William Pitt Sotheby's Int'l
Buyer's Agent
Jillian Klaff
Coldwell Banker Realty
List Price
$685,000
Sold Price
$665,000
Premium/Discount to List
-$20,000
-2.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.75%
Original Mortgage
$1,275,000
Interest Rate
3.38%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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 Buyer Sale Price Title Company
Schmidt Timothy D $1,875,000 --
Schmidt Timothy D $1,875,000 --
Westport Building Co L $665,000 --
Westport Building Co L $665,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Timothy D $1,500,000
Previous Owner Westport Building Co L $1,275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2013 01/17/13 Sold $665,000 -2.9% $477 / Sq Ft
12/23/2012 12/23/12 For Sale $685,000 -- $492 / Sq Ft
Source: SmartMLS

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
2024 $24,813 $1,332,600 $337,600 $995,000
2023 $24,453 $1,332,600 $337,600 $995,000
2022 $24,080 $1,332,600 $337,600 $995,000
2021 $6,368 $1,332,600 $337,600 $995,000
2020 $23,452 $1,403,500 $318,100 $1,085,400
2019 $22,016 $1,305,800 $318,100 $987,700
2018 $22,016 $1,305,800 $318,100 $987,700
2017 $22,016 $1,305,800 $318,100 $987,700
2016 $22,016 $1,305,800 $318,100 $987,700
2015 $22,319 $1,233,800 $249,400 $984,400
2014 $22,134 $1,233,800 $249,400 $984,400
Source: Public Records

Agents Affiliated with this Home

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Source: SmartMLS

MLS Number: 99012190

SmartMLS

APN: WPOR-000007D-000000-000040