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Allegan 49453
3209 Silver Acres Drive
$277,500
● House - Off Market

3209 Silver Acres Drive

Saugatuck, MI 49453
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,720 Ft²
$554,301
RealtyHop Estimate
86.63%
Since Dec 1, 2014
National-US
Primary Model

About This Property

Spacious A-frame home on 2 large wooded lots with 60' deeded access to Silver Lake on beautiful Indian Point. Two master suites (one up and one down), an open floor plan including a 3 season room is perfect for a second home or primary residence. Office/bunk room could be used as a 3rd bedroom. There is a wood burning brick fireplace with a wall of windows in the family/dining room overlooking the no maintenance private wooded lot. Upgrades include oak flooring, cathedral ceiling, soaking tub, reclaimed barn wood trim throughout and built-ins. As an extra bonus, the oversized garage has a roomy guest quarters equipped with a kitchenette, bedroom, full bath and sitting area. It is sure to be a treasure once updated with your personal touch.
Unit Size
1,720 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$173
Property Type
House
Property Taxes
$272
HOA Dues
-
Year Built
1980

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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: 2 years ago (MichRIC MLS #13066455)

Price History

Date / Event Date Event Price
Nov 17, 2014 Sold
Premium
Sold
Nov 25, 2013 Listed by Coldwell Banker Woodland Schmidt Saugatuck $297,000
Listed by Coldwell Banker Woodland Schmidt Saugatuck

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,264
  • Garage Type: 7
  • Garage Square Area: 728
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,998
  • Lot Size Depth Feet: 2,200
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,264
  • Building Area: 1,264
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,264
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BUWOLDAS SILVER ACRES
  • Land Acres: 0000000505
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 19 BUWOLDA'S SILVER ACRES SEC 14 T3N R16W.

Neighborhood

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

Zoning

  • Zoning: R-2

Geography

  • District: 20
  • Parcel: 20-100-019-00
  • Lot: 19
  • Meridian: SEC 14 TWN 03N RNG 16W
  • Municipality: SAUGATUCK TWP
  • Latitude: 42.648
  • Longitude: -86.1603

    Address

  • Full Address: 3209 Silver Acres Dr
  • Address - House Number: 3209
  • Address - Street Name: Silver Acres
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Saugatuck
  • Carrier Code: R001
  • 4-Digit Zip Code: 9784
  • Zip Code: 49453

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $624,594

    Appraisal Valuation

  • Standard Deviation: 0.1984
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 73
  • Final Value: 602,869
  • High Value: 722,515
  • Low Value: 483,223

    Market Valuation

  • Market Total Value: $416,000
  • Market Land Value: $65,000
  • Market Improvement Value: $351,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $208,000
  • Assessed Land Value: $32,500
  • Assessed Improvements Value: $175,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 10, 2014
  • Current Sale Recording Date: Nov 17, 2014
  • Current Sale Price:
    Premium
  • Current 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 Allegan

Stats & Trends

Median Asking:

$365,000

Sale Price/ft²

$202

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2158 ft²

Average Home Age

49.9 years

Currently For Sale

323 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

Rentals Near You

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MichRIC

Listed by: Gregory Smith, Coldwell Banker Woodland Schmidt Saugatuck
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 13066455
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 3209 Silver Acres Drive built and last sold?
The property at 3209 Silver Acres Drive was built in 1980 and last sold on Nov 10, 2014 for $277,500.
How much is this home worth?
The estimated value of the home located at 3209 Silver Acres Drive is $0.
What are some comparable homes to 3209 Silver Acres Drive?
There are currently no comparable homes to 3209 Silver Acres Drive.
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