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Saugatuck 49453
347 Park Street
Photo of 347 Park Street
Sold on Aug 11, 2006

3

Map

Photo of 347 Park Street
Photo of 347 Park Street
$660,000
● House - Off Market

347 Park Street

Saugatuck, MI 49453
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,632 Ft²
$1,178,927
RealtyHop Estimate
68.66%
Since Sep 1, 2006
National-US
Primary Model

About This Property

It's all about the view! Enjoy spending your time here with breathtaking views of the Kalamazoo River. Close to Lake Michigan beaches and downtown Saugatuck. Your own boat slip (no more renting) with quick access to Lake Michigan. This home offers wonderful views from decks and porches. Well maintained 3 bedroom home complete with two kitchens for big gatherings. Great Rental History. Home is fully furnished. Seller will concider a land contract. *Property Taxes Estimated.
Unit Size
1,632 Ft²
Days on Market
85 days
Land Size
0.14 acres
Price per sqft
$428
Property Type
House
Property Taxes
$425
HOA Dues
-
Year Built
1972

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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 #2623096)

Price History

Date / Event Date Event Price
May 21, 2014 Sold
Premium
Sold
Feb 7, 2012 Listed by Mill Pond Realty $425,000
Listed by Mill Pond Realty
Take advantage of the new asking price for this year round cottage with the best seats in the house to watch all Saugatuck boating. A boaters paradise. Park your boat at your back door. Great four season property. Sit back and enjoy the views and the parade of boats from either the full spacious deck or the enclosed porch. Well maintained 3 bedroom home complete with two kitchens for big gatherings. NEW dock and boat hoist ... Perfect for your toys. This is a wonderful vacation getaway ... Rent this delightful home when you are not able to use it yourself, and the renters help with the mortgage payments. Easy walk to the Chain Ferry, Mt. Baldhead and the Oval Beach. Home is larger than it appears from the photos. Currently renting for $2,300.00 per week ... Let the renters help make the pa yments.
Aug 17, 2006 Sold
Premium
Sold
May 17, 2006 Listed by Jaqua Realtors $699,000
Listed by Jaqua Realtors

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • 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: 40
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,752
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,632
  • Building Area: 1,632
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,632
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAK KNOLLS
  • Land Acres: 0000000155
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: THAT PT OF LOT 25 DES AS COM AT NW'LY COR OF LOT 1 OF OAK KNOLLS PLAT TH SELY ALG THE NELY MARGIN LIN OF SD LOT 80.8 FT TH N

Neighborhood

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

Zoning

  • Zoning: P S R -1

Geography

  • District: 57
  • Parcel: 57-550-025-50
  • Municipality: SAUGATUCK CITY
  • Latitude: 42.6568
  • Longitude: -86.2079

    Address

  • Full Address: 347 Park St
  • Address - House Number: 347
  • Address - Street Name: Park
  • Address - Suffix Type: St
  • State: MI
  • City Name: Saugatuck
  • Carrier Code: R001
  • 4-Digit Zip Code: 8404
  • Zip Code: 49453

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $810,054

    Appraisal Valuation

  • Standard Deviation: 0.2394
  • Valuation Date: Jun 22, 2022
  • Confidence Score: 66
  • Final Value: 688,612
  • High Value: 853,517
  • Low Value: 523,707

    Market Valuation

  • Market Total Value: $560,200
  • Market Land Value: $427,600
  • Market Improvement Value: $132,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $280,100
  • Assessed Land Value: $213,800
  • Assessed Improvements Value: $66,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 16, 2014
  • Current Sale Recording Date: May 21, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Aug 17, 2006
  • Previous Sale Contract Date: Aug 11, 2006
  • Previous Sale Amount: $660,000
  • 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 Saugatuck

Stats & Trends

Median Asking:

$725,000

Sale Price/ft²

$493

Below Asking

0.04%

Average Days on Market

64

Average Home Size

2525 ft²

Average Home Age

69.3 years

Currently For Sale

12 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# 2623096
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 347 Park Street built and last sold?
The property at 347 Park Street was built in 1972 and last sold on May 16, 2014 for $403,900.
How much is this home worth?
The estimated value of the home located at 347 Park Street is $454,582.
What are some comparable homes to 347 Park Street?
There are currently no comparable homes to 347 Park Street.
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