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Allegan
6123 Kingsway Court
$253,625
● House - Off Market

6123 Kingsway Court

Saugatuck, MI 49453
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,990 Ft²
$496,924
RealtyHop Estimate
94.95%
Since Nov 1, 2013
National-US
Primary Model

About This Property

Wood floors have been refinished, many light fixtures replaced and much painting completed. Charm, warmth, and traditional elegance describe this custom Parade Home in the prestigious Arnold Palmer designed Ravines Golf Course.  Entertaining is part of the real joy of owning this home.  Large open concept, 2 fireplaces, gourmet kitchen all add to the distinctive features.  Main floor master suite has tray ceiling, cove lighting, his and hers vanities and whirlpool tub.  Relax and watch the colors of the seasons change through the French doors. Over 3200 square feet.  Basement is partially finished for 2 bedrooms, family room and more..BANK OWNED     Must be pre approved, EMD must be CASHIERS check to the listing office.    Ravines restaurant open to public. Ravines golf, membership is ext ra.
Unit Size
1,990 Ft²
Days on Market
-
Land Size
1.22 acres
Price per sqft
$128
Property Type
House
Property Taxes
$395
HOA Dues
$108
Year Built
2003

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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 years ago (MichRIC MLS #13028505)

Price History

Date / Event Date Event Price
Aug 5, 2015 Sold
Premium
Sold
May 26, 2015 Listed by ERA Network Real Estate $350,000
Listed by ERA Network Real Estate
Oct 10, 2013 Sold
Premium
Sold
May 17, 2013 Listed by ERA Network Real Estate $254,900
Listed by ERA Network Real Estate

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,972
  • Garage Type: 7
  • Garage Square Area: 750
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 52,925
  • Lot Size Frontage Feet: 2,379
  • Total Building Area: 1,990
  • Building Area: 1,990
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,990
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RAVINES CONDO
  • Land Acres: 0000001215
  • Standard Land Use Code: 1004
  • County Land Use Code: 401
  • Legal Description 1: UNIT 3 RAVINES CONDOMINIUM SEC 1 T3N R16W (99)

Neighborhood

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

Zoning

  • Zoning: A-2

Geography

  • District: 20
  • Parcel: 20-310-003-00
  • Meridian: SEC 01 TWN 03N RNG 16W
  • Municipality: SAUGATUCK TWP
  • Latitude: 42.6808
  • Longitude: -86.1465

    Address

  • Full Address: 6123 Kings Way
  • Legal Unit: 3
  • Address - House Number: 6123
  • Address - Street Name: Kings
  • Address - Suffix Type: Way
  • State: MI
  • City Name: Saugatuck
  • Carrier Code: R001
  • 4-Digit Zip Code: 9419
  • Zip Code: 49453

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $514,120

    Appraisal Valuation

  • Standard Deviation: 0.183
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 76
  • Final Value: 525,191
  • High Value: 621,343
  • Low Value: 429,039

    Market Valuation

  • Market Total Value: $361,600
  • Market Land Value: $63,200
  • Market Improvement Value: $298,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $180,800
  • Assessed Land Value: $31,600
  • Assessed Improvements Value: $149,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 16, 2015
  • Current Sale Recording Date: Aug 05, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Oct 10, 2013
  • Previous Sale Contract Date: Oct 04, 2013
  • Previous Sale Amount: $253,625
  • Previous Sale Document Type: 27
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

2157 ft²

Average Home Age

49.3 years

Currently For Sale

320 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

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MichRIC

Listed by: Diana Mirabella, ERA Network Real Estate
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 13028505
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 6123 Kings Way built and last sold?
The property at 6123 Kings Way was built in 2003 and last sold on Jul 16, 2015 for $337,000.
How much is this home worth?
The estimated value of the home located at 6123 Kings Way is $0.
What are some comparable homes to 6123 Kings Way?
There are currently no comparable homes to 6123 Kings Way.
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