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Douglas 49406
3050 Park Drive
Photo of 3050 Park Drive
Sold on Oct 7, 2019

17

Map

Photo of 3050 Park Drive
Photo of 3050 Park Drive
$345,000
● House - Off Market

3050 Park Drive

Douglas, MI 49406
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,650 Ft²
$585,719
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

This home is a total delight.  All of your friends will want to come to your Lake House.  A short walk to your deeded Lake Michigan access, everyone will enjoy swimming and playing up and down the shoreline.  This house features stainless steel appliances, wood floors, and tasteful decor inside and out.  Large screened in porch with a cozy fireplace is ready for drinks and cookouts with family and friends.  Let the great rental history help pay for your lake home in this quiet wooded setting!
Unit Size
1,650 Ft²
Days on Market
245 days
Land Size
0.18 acres
Price per sqft
$242
Property Type
House
Property Taxes
$487
HOA Dues
-
Year Built
2005

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 months ago (MichRIC MLS #19004073)

Price History

Date / Event Date Event Price
Dec 16, 2020 Sold
Premium
Sold
Sep 25, 2020 Listed by Jaqua Realtors $499,000
Listed by Jaqua Realtors
Oct 10, 2019 Sold
Premium
Sold
Feb 1, 2019 Listed by Jaqua Realtors $399,900
Listed by Jaqua Realtors

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 29
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 264
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,797
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,682
  • Building Area: 1,682
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,682
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FELKERS WOODS CONDOMINIUM
  • Land Acres: 0000000179
  • Standard Land Use Code: 1004
  • County Land Use Code: 401
  • Legal Description 1: UNIT 1 OF FELKERS WOODS CONDOMINIUM SEC 17 T3N R16W (05).

Neighborhood

  • School District Name: Saugatuck Public Schools
  • School Tax School District: SAUGATUCK
  • Census Tract: 030800

Zoning

  • Zoning: R-3 NB RES

Geography

  • District: 59
  • Parcel: 59-220-001-00
  • Meridian: SEC 17 TWN 03N RNG 16W
  • Municipality: DOUGLAS CITY
  • Latitude: 42.64
  • Longitude: -86.2222

    Address

  • Full Address: 3050 Park Dr
  • Legal Unit: 1
  • Address - House Number: 3050
  • Address - Street Name: Park
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Douglas
  • Carrier Code: R777
  • 4-Digit Zip Code: 5143
  • Zip Code: 49406

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,344,453

    Appraisal Valuation

  • Standard Deviation: 0.2359
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 67
  • Final Value: 596,654
  • High Value: 737,447
  • Low Value: 455,860

    Market Valuation

  • Market Total Value: $466,400
  • Market Land Value: $110,000
  • Market Improvement Value: $356,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $233,200
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $178,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 11, 2020
  • Current Sale Recording Date: Dec 16, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Oct 10, 2019
  • Previous Sale Contract Date: Oct 07, 2019
  • Previous Sale Amount: $345,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Douglas

Stats & Trends

Median Asking:

$744,000

Sale Price/ft²

$385

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2243 ft²

Average Home Age

48 years

Currently For Sale

21 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 8 W Center Street, Douglas, MI, 49406

$1,600 /mo

  • 1 Bed
  • 1 Bath
  • 4,878 ft²
8 W Center Street #A, Douglas, MI, 49406 Listing by Molly Rettig

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Kimberly M Walker, Jaqua Realtors
Last Updated: 3 months ago
Data Source: MichRIC, MLS# 19004073
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 3050 Park Drive built and last sold?
The property at 3050 Park Drive was built in 2005 and last sold on Dec 11, 2020 for $484,000.
How much is this home worth?
The estimated value of the home located at 3050 Park Drive is $500,974.
What are some comparable homes to 3050 Park Drive?
There are currently no comparable homes to 3050 Park Drive.
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