MTT Docket 26-002253.pdf
Andrew J Geraghty Petitioner V City Of South Haven Respondent · 26-002253-TT
Text extracted from the reviewed PDF, organized by page. OCR and reading order may contain errors; confirm details in the PDF below.
Page 1
202-30
05/07/2026 01:27
PM
2026 BOARD OF REVIEW DECISION
FROM
CITY OF SOUTH HAVEN
MICHELE ARGUE
539 PHOENIX ST
SOUTH HAVEN MI 49090
NAME AND ADDRESS OF OWNER OR PERSON NAMED ON ASSESSMENT ROLL:
GERAGHTY ANDREW J & ASHLEY A
12102 S QAK PARK AVENUE
PALOS HEIGHTS IL 60463
N
PROPERTY IDENTIFICATION: (Parcel Code required. Property address
and legal description optional):
80-53-715-020-60
261 BLACK RIVER ST
C53A6 3-1-17 875-100 865-592 1214-90 1222-13 1659-511 *
‘UNIT NO. 6 HARBORSIDE CONDOMINIUM TOGETHER
‘WITH
A 1/14 INTREST IN THE LAND AS DESCRIBED ON
THE DEED RECORDED IN LIBER 775, PAGES 737 THROUGH
TRINCL.
iii
: By
THIS PROPERTY IS CLASSIFIED
401
(RESIDENTIAL-IMPROVED) %
he, ii
Thank you for attending this years March Board of Review. The Board has reviey
to compute your assessment and taxable value.
The Board has completed their review of parcel number 80-53-71 5 W
Board of Review Comments
{ hgintoriton you supplied and the data necessary
[2026 ORIGINAL ASSESSED VALUE
216,100
Fr
[2026 "BOARD OF REVIEW" ASSESSED VALUE'
4
216,100
|
(if the above amounts are the same, no rvsiggieveienngh)
[2026 ORIGINAL TAXABLE VALUE & pi
216,100
|
[2026
"BOARD OF REVIEW" TAXABLE
216,100
Hl
“EE
| 2026 PRINCIPAL RESIDENCE EXEMPTION/QUALIFIED AG
0.0000
Please feel free to contact the assessor at fie address listed above or call if you have any questions.
“Effective March 1, 2013, the Tribunal is no longer able to accept Small Claims letter appeals. Rather, you are required to file a petition to
initiate a new Small Claims appeal. Petition forms are available on this website.”
http://www.michigan.gov/taxtrib/0,4677,7-187-38254---,00.htmlPage 2
; KRORe-30 oa nt en Leer Petition to Board of Review L4035 This form Ie issued under the wuihority of PA. 206 of 1893, as sanded. Filing i voluntary; however. you may, not appeal 0 the Michigan Tax Tribunal unless you fist protest Yo the Board of Review, except when the propery is clasified as commercial al rol. or Tax Commission unless you first protest 10 the Board of Review. TO BE COMPLETED BY OWNER OR OWNER'S AGENT "Owner's Name (Please Print or Type) ental real. You may riot appeal property classification io the Stale Peliioner's Name (If Other (han Owner. Please Print or Type] ii} GERAGHTY ANDREW J & ASHLEY APRIL Andrew Geraghty Township or Clty County Year of Appeal South Haven Van Buren 2026 The undersigned protests the assessed value and/or the tentative taxable value and/or the property classification andlor the qualified of the property: Property i0entived (Parcel code required. Property address and legal description optional ) 80-53-715-020-60 Protested ftem: Assessed Value [] Tentative [] Taxable Status [] Classification [] Qualified Agricuitural Taxable Value (exemption) Property Exemption value with exempt status and denied o late filed Owner's Estimate of True Cash Value (Markel value) $380,000 Se — | 2 VALUE Complete this section for a protest of Taxable Value. ‘Reason: [] Value of Losses [C] Value of Additions [] Poverty Exemption [] Uncapping % SUNT Be A x to change the classification. The Board of Review must make their decision ragarding classification in accordance Compiled Laws. The Board of Review shall not be influenced by the effect that a particular classification has on rs or qualified Classcation of oper Gisiicaion Shad bu (Gwak one ol Fe olor 0 2025 (2 months later) for $377,000 and
Page 3
618, Page 2 FOR BOARD OF REVIEW USE ONLY INSTRUCTIONS: Incorporate a copy of this form and the assigned number in the Board of Review minutes A o— 320 So. 53-7(5-020- (0 1. ASSESSED VALUE _ ies SRS Eads Disposition by Board of Review. The Board of Review must tats reason fo fs scion below. Denied [] Assessed value Changed From [ 2/8 (00 Jo ] Record of Vole — Board or three-member commjftee of board Member: PQves [| No KALB Member: [Yes [| No Initials Initials Chairperson Initials, Reason for Board Action ror ly ASSESSED Ifyou disagree with the decision of the Board of Reiss regarding tentative assessed value, you may appeal that decision by filing a petition with the Michigan Tax Tribunal at PO Box 30232, Lansing, MI 48909. C l, Real, De Real, Cor Personal, ‘and Utility Property may be appealed by May 31. Agricultural Real, Resident Real, Timber-Cutover Real and Agricultural Personal Property may be appealed by July 31. The petition must be filed on a Michigan Tax Tribunal form or a form approved by the Michigan Tax Tribunal. Michigan Tax Tribunal forms are available at www.michigan gov/taxirb. 2. TENTATIVE TAXABLE VALUE Disposition by Board of Review. The Board of Review must state the reason for ts action below. [X peniea [[] Tentative Taxable Value Changed From Ue (D0 to (See attached L-4035A) ‘Record of Vote — Board or three-member committee of board Chairperson: [)(] Yes [] No yi Member: Jp]. ves Cy ek BANA, ars [Jes [Ono ls Initials Initials, Reason for Board Action rrorerdy Assessed If you disagree with the decision of the Board of Review Jogarding tentative taxable value, you may appeal tha decision by ling a patton with the Michigan Tax Tribunal at PO Box 30232, Lansing MI 48909. C Real, eal, Developmental Real, Cor Industral and Utiity. Property may be appealed by May 31. Agricultural Real, Residential Real, Timber-Cutover Real and Agricultural Personal Property may be appealed by July 31. The pelition must be filed on 2 Michigan Tox Tribunal fom o a fom approved by the Michigan Tax Tribunal. Michigan Tak Tribunal forms are avaiable at ww nicigan, county 3. CLASSIFICATION hia Disposition by Board of Review. The Board of Review must State the reason for its action below. O Denied O Classification Changed From to Record of Vole — Board or three-member committee of board Chairperson: [] Yes [] No Member. [Jes [ne Member: [Dyes [Ino initials Initials, Initials Reason for Board Action If you disagree with the decision of the Board of Review regarding classification, you may appeal by sending Form 2167 to the State Tax Commission at PO Box 30471, Lansing MI 48909, by June 30. 4. QUALIFIED AGRICULTURAL PROPERTY EXEMPTION Disposition by Board of Review. The Board of Review must state the reason for its action below. [] exemption Request Denied [[] Exemption percent modified from % to % ‘Record of Vote — Board or three-member committee of board Chairperson: [] Yes [| No Member [J Yes [Jno Member: [J ves [no Tnitials Initials initials Reason for Board Action 1 you disagree with the decision of the Board of Review regarding qualified agricultural property exemption, you may appeal that decision by fing a petition with the Michigan Tax Tribunal at PO Box 30232, Lansing MI 48909 by July 31. The petition must be fled on a Michigan Tax Tribunal form or a form approved by the Michigan Tax Tribunal. Michigan Tax Tribunal forms are available at www. michigan.gov/axiib. 5. ADJOURNMENT 3 J Hits EE 7: Sele Date of Final Adjoumment of Board of Review 2 | - 20 wr Uh) Pr ard 3.23 20k J
Page 4
see THIS IS NOT A TAX BILL L4400 1073 (Rev 10:29 Notice of Assessment, Taxable Valuation, and Property Classification “This form is issued unde the authority of Public Act 206 of 1893, Sec. 211.24c and Sec 211 34c, as amended. This is a model assessment notice to be used by the local assessor FROM CITY OF SOUTH HAVEN PARCEL IDENTIFICATION MICHELE ARGUE PARCEL NUMBER: 80-53-715-020-60 539 PHOENIX ST PROPERTY ADDRESS: SOUTH HAVEN MI 49090 261 BLACK RIVER ST # 06 SOUTH HAVEN, MI 49090 SCHOOL DISTRICT CODE: ~~ 80010 OWNER'S NAME & ADDRESS/PERSON NAMED ON ASSESSMENT ROLL. EXEMPTIONS GERAGHTY ANDREW J & ASHLEY A % Exempt As "Homeowners Principal Residence”: 00% 12102 S QAK PARK AVENUE % Exempt As "Qualified Agricultural Property”: 00% PALOS HEIGHTS IL 60463 % Exempt As "MBT Industrial Personal": 00% % Exempt As "MBT Commercial Personal": 00% Exempt As "Disabled Veteran or Surviv Emus norSuniving yoo No Exempt As "Qualified Forest Property”: 0 Yes [X] No Exempt As "Development Property”: [dYes [X] No LEGAL DESCRIPTION: C53A6 3-1-17 875-100 865-592 1214-90 1222-13 1659-511 * UNIT NO. 6 HARBORSIDE CONDOMINIUM TOGETHER WITH A 1/14 INTREST IN THE LAND AS DESCRIBED ON THE DEED RECORDED IN LIBER 775, PAGES 737 THROUGH 772 INCL. ACCORDING TO MCL 211.34c THIS PROPERTY IS CLASSIFIED AS: 401 Residential PRIOR YEAR'S CLASSIFICATION IF DIFFERENT: 401 Residential The change in taxable value will increase/decrease your tax bill PRIOR AMOUNT CURRENT TENTATIVE CHANGE FROM for the 2026 year by approximately: $4786 YEAR: 2025 AMOUNT YEAR: 0c CURRENT YEAR 1. TAXABLE VALUE: 137,082 216.100 79.018 2. ASSESSED VALUE: 190,500 216,100 25600 3. TENTATIVE EQUALIZATION FACTOR: 1.000 7 - 4. STATE EQUALIZED VALUE (SEV): 190,500 216,100] 25,600 5. WAS THERE A TRANSFER OF OWNERSHIP 112025 THAT RESULTED IN A TAXABLE VALUE UNCAPPING? 6. Assessor Change Reason(s): Yes [No The 2026 Inflation rate Multiplier is: 1.027 Questions regarding the Notice of Assessment, Taxable Valuation, and Property Classification may be directed to the Following: Name: [Telephone Number. Email Address MICHELE ARGUE (269) 637-0745 JWOODLEY@SOUTHHAVENMI.GOV March Board of Review Appeal Information. The Board of Review will meet at the following dates and times: THE LOCAL BOARD OF REVIEW WILL MEET AT CITY HALL, 539 PHOENIX ST ON TUESDAY, MARCH 10TH FROM 9:00 AM. - 12:00 PM & 1:00 PM - 4:00 PM., AND THURSDAY, MARCH 12TH FROM 3:00 P.M. TO 9:00 PM. IF AN APPOINTMENT IS NEEDED PLEASE CALL (269) 637-0745 TO SCHEDULE ONE. APPEALS CAN BE MADE BY MAIL, FAX 269-637-5319, OR EMAIL TO JWOODLEY@SOUTHHAVENMI.GOV . APPEALS BY MAIL MUST BE RECEIVED BY MARCH 12, 2026. ALL APPEALS ARE TO BE ACCOMPANIED BY A COMPLETED BOARD OF REVIEW PETITION FORM #618. PLEASE CONTACT THE ASSESSOR'S OFFICE IF ADDITIONAL INFORMATION IS NEEDED
Page 5
2026 PROPERTY TAX APPEAL SUMMARY A Case for Adjusting the State Equalized Value (SEV) Property Address: 261 Black River St #6 South Haven, MI 49090 Property Owners: Andrew & Ashley Geraghty Parcel Code: 80-53-715-020-60 Valuation Timeline & The Discrepancy 2025 SEV PURCHASE (June 11, 2025) 2026 SEV & MARKET VALUE $190,500 (Prior to Purchase) $415,000 (Included furniture & bookings) $432,200 (Market Value) $216,100 (SEV) The 2026 Assessed Market Value is $17,200 (approx. 4%) higher than the June 2025 purchase price. This increase lacks justification based on included assets, comparable sales, and shifting market conditions. Core Arguments for a Lower Assessment 1. Purchase Included Non-Real Es- tate Assets The $415,000 purchase price does not rep- resent pure real estate value. The trans- action included substantial personal prop- erty and business revenue: + Contents included: Furniture, electron- ics, and bedding. + Guaranteed Revenue: Active Short- Term Rental (STR) bookings were already placed and transferred to the buyers at closing. *These non-assessable elements inflated the baseline purchase price. 2. Direct Comparable Sale in Build- ing A highly relevant comparable sale oc- curred in the exact same building just two months after our purchase, reflecting the true, stabilized real estate value. Comparable Sale (August 2025): + Price: $377,000 + Parcel Number: 80-53-715-020-30 *This $377k sale strongly contradicts the city’s $432,200 valuation.
Page 6
3. STR Market Oversupply & Falling Values At the time of purchase (June 2025), a moratorium on STR licensing created arti- ficial scarcity and pent-up demand, inflat- ing prices. Current Market Shift: The moratorium has now been lifted. This has flooded the market with new STR properties to meet demand. Basic economics dictate that as supply drastically increases, the premium value of existing STR properties will go down, not up. 4. Unjustified 4% Value Increase The city’s assessment claims the real es- tate value increased by over 4% (an addi- tional $17,200) since the june 2025 pur- chase. There is no reasoning or market data to support a 4% appreciation over such a short period, especially when account- ing for the included personal assets in the original price and the downward pressure from the lifted STR moratorium. Summary & Requested Action The current assessed market value of $432,200 is artificially inflated. It fails to deduct the value of transferred personal property and STR bookings from the initial sale, ignores a direct $377,000 comparable sale within the same building, and contradicts the downward pricing pressure caused by the lifted STR moratorium. We respectfully request that the 2026 Assessed Market Value be lowered to $380,000 (an SEV of $190,000) to accurately reflect the true, uninflated real estate value of this property.
Page 7
261 BLACK RIVER ST SOUTH HAVEN, MI 49090 Parcel #80-53-715-020-30 Property Owner: FLETCHER FAITH A Owner and Taxpayer Information FLETCHER FAITH A Owner 23027 BLUEJAY AVE MATTAWAN, MI 49071 Taxpayer SEE OWNER INFORMATION General Information for Tax Year 2025 Property Class 401 RESIDENTIAL-IMPROVED School District SOUTH HAVEN PUBLIC SCHOOLS Map # C53A3 User Number ldx 1 User Alpha 1 No Data to Display User Alpha 3 No Data to Display Historical District No User Alpha 2 No Data to Display Unit 80-53 CITY OF SOUTH HAVEN Assessed Value $190,500 Taxable Value $137,082 State Equalized Value $190,500 Date of Last Name Change 08/27/2025 Notes Not Available Census Block Group No Data to Display Exemption No Data to Display Principal Residence Exemption Information Effective Date 06/21/2021 Principal Residence Exemption 2025 Previous Year Information . ~ Year | MBOR Assessed 2024 $152,600 2023 $132,200 2022 $120,600 Land Information Zoning Code Land Value $381,000 Renaissance Zone No ECF Neighborhood AREA 2 Lot Dimensions/Comments No Data to Display Total Acres Not Available Land Improvements $0 Renaissance Zone Expiration Date Rerbate wai Mortgage Code No Data to Display Neighborhood Enterprise No Zone = ~ Lot(s) !No lots found. Legal Description snes] 100.0000% Final SEV| $152,600 $132,200 $120,600 Frontage Final 100.0000% Final Taxable $132,961 $126,630 $120,600
Page 8
C53A3 3-1-17 873-124 851-591,592 1036-710 1706-442 1721-349 1782-754 *** UNIT NO. 3 HARBORSIDE CONDOMINIUM TOGETHER WITH A 1/14 INTEREST IN THE LANE AS DESCRIBED ON THE DEED RECORDED IN LIBER 775, PAGES 737 THROUGH 772 INCL AND AMENDMENTS THERETO. Land Division Act Information Date of Last Spiit/Combine No Data to Display Date Form Filed No Data to Display Date Created No Data to Display Acreage of Parent 0.00 Split Number [1] Parent Parcel No Data to Display Number of Splits Left Not Available Unallocated Div.s of Parent 0 Unallocated Div.s 0 Transferred Rights Were Transferred No Courtesy Split No Sale History ‘SaleDate | Sale Price] instrument] Grantor Grantee Terms of Sale Liber/Page |Comments 08/22/2025 $377,500.00 WD KAWASKI JEFFREY THOMAS FLETCHER FAITH A 03-ARM'S LENGTH 1782-754 06/16/2021 $255,000.00 WD ARUNDEL JOHN T &ELLEN KAWASKI JEFFREY THOMAS 03-ARM'S LENGTH 1721-349 M 09/03/2020 $0.00 WD ARUNDEL JOHN & ELLEN ARUNDEL JOHN T & ELLEN 18-LIFE ESTATE 1706-442 M 02/01/1995 $0.00 OTH ASHLEY ARUNDEL 21-NOT 01036:00710 USED/OTHER
Page 9
261 BLACK RIVER ST SOUTH HAVEN, MI 49090 Parcel #80-53-715-020-60 Property Owner: GERAGHTY ANDREW J & ASHLEY APRIL Owner and Taxpayer Information GERAGHTY ANDREW J & ASHLEY APRIL Owner 12102 S OAK PARK AVE PALOS HEIGHTS, IL 60463 Taxpayer SEE OWNER INFORMATION General Information for Tax Year 2025 Property Class 401 RESIDENTIAL-IMPROVED School District SOUTH HAVEN PUBLIC SCHOOLS Map # C53A6 User Number Idx 1 User Alpha 1 No Data to Display User Alpha 3 No Data to Display Historical District No User Alpha 2 No Data to Display Unit 80-53 CITY OF SOUTH HAVEN Assessed Value $190,500 Taxable Value $137,082 State Equalized Value $190,500 Date of Last Name Change 10/09/2025 Notes Not Available Census Block Group No Data to Display Exemption No Data to Display Principal Residence Exemption Information Effective Date No Data to Display Principal Residence Exemption 2025 Previous Year Information Year | MBOR Assessed 2024 $152,600 2023 $132,200 2022 $120,600 Land Information Zoning Code Land Value $381,000 Renaissance Zone No ECF Neighborhood AREA 2 Lot Dimensions/Comments No Data to Display Total Acres Not Available Land improvements $0 Renaissance Zone Expiration Date No Data to Display Mortgage Code No Data to Display Neighborhood Enterprise Ne zone Ne _ Lot(s) No lots found. Final SEV| $152,600 $132,200 $120,600 Frontage| Legal Description June 1st 0.0000% Final 0.0000% Final Taxable $132,961 $126,630 $120,600 Depth
Page 10
CS3A6 3-1-17 875-100 865-592 1214-90 1222-13 1659-611 1718-717 1780-558 * UNIT NO. 6 HARBORSIDE CONDOMINIUM TOGETHER WITH A 1/14 INTREST IN THE LAND AS DESCRIBED ON THE DEED RECORDED IN LIBER 775, PAGES 737 THROUGH 772 INCL. Land Division Act Information Date of Last Spiit/Combine No Data to Display Date Form Filed No Data to Display Date Created No Data to Display Acreage of Parent 0.00 Split Number 0 Parent Parcel No Data to Display Number of Splits Left Not Available Unallocated Div.s of Parent 0 Unallocated Div.s Transferred ¥ Rights Were Transferred No Courtesy Split No Sale History Sale Date | Sale price| Instrument [Grantor Grantee Terms of Sale [tiberrpage| comments 06/11/2025 $415,000.00 WD JAHNKE MATTHEW J & GERAGHTY ANDREW J & 03-ARM'S LENGTH 1780-558 SAMANTHA C ASHLEY APRIL 04/19/2021 $235,500.00 WD VANDERKOLK BRUCE & LYNN JAHNKE MATTHEW J & 03-ARM'S LENGTH 1718-717 TRUSTEES SAMANTHA C 1018/2017 $000 QC VANDERKOLK BRUCE & LYNN VANDERKOLK BRUCE &LYNN 14-INTO/OUT OF 1659-511 mM TRUSTEES TRUST
Page 11
yr Approximately How Long was the property for sale?
Days
South Haven City Assessor-Property Sale Verification
Parcel # / Class 80-53-715-020-60
401
[REC
E ro nv; VER]
{GH=HE
Property Address:
_261 BLACK RIVER ST # 06
JUL 02205
rc:
Vacant
Tomproved
al
EET Ary
Date PTA File
06/12/25 L—
hers A
TTHEW
1 & SAMANTHA C
sun
Source: PROPERTY
TRANSFER AFFIDAVIT
Sale Date: 06/12/25”
Document Type PTA
Liber/Page:
Terms: 03-ARM'S LENGTH
1a. Total Purchase Price $__7/5 coy
1b. Type of Purchase or Sale:
Please select from list below:
Cash
Mortgage Assumption*
Auction
_____ Land Contract*
___ Second Mortgage*
_______ Combinations 1-6 or other? Explain
New Mortgage*
Purchase Money Mortgage to Sellers*
1c. *Specialty Type of Mortgage:
Conventional
FHA
— FmHA
_____ land Contract
Wraparound or Blended Rate
MSHDA
Buydown
__ Variable Rate
ea UN
Purchase Money Mortgage
2. Was there
(Personal Property)
-
Goodwill
- (Inventory>
-
Nome
included in the sale price
If so, please attach a bill of sale. If a bill of sale was not provided please list any personal property such as furniture,
fixtures, appliances, etc on the back of this form with each respective value at the time of the sale.
3. Was the Sale listed with a Realtor?
(Yes,
No Who:
4. How did you learn of the sale?
MLS,
Word of
Mouth,
Affiliated Parties,
Sign,
Auction,
Bankruptcy,
Months
Yrs
6. What was the original Asking price 119, 000
7. Was there a Fee Appraisal Done?
Yes
Fee Appraisal Value:
8. Were there any Family or Business Ties
the buyer and seller?
Yes (No) Relationship:
9. Do you own any adjacent property to the sale?
Yes/No
10. Were there any unusual or extraordinary circumstanceS Tavolved with the sale/purchase transaction which may have
influenced the stated amount of the sale/purchase price? If yes, please explain:
13. Any Special Assessments or Back Taxes due at the time of sale?
Yes (No
11. Was the property leased from the seller by the buyer at the time of sale?
_ N>
If yes, was there an option to buy?
Describe:
14. Major Chang
Yes {5
has
(Acer
Signature:
Date:
_(~2G-R0asy, 708-339 -Ha5Y
Making aes] FE
ama
ade
ae
a
Tr
to buildings or land following the sale?
=
Sale Price:
$415,000
Adjusted Sale Price:
$415,000
Reason for Adjustment:
Cur Assd:
$188,800
Assd when sold:
$190,500
Ratio:
45.90Page 12
ReecoX Foenituce A 3 3 Soo Sechonal coun # goo Dining fable 4 chic Ho Pato able + gnacs # oo Pakio Couch & Chairs ss Frid geo Enteckain ment Stand 55 Oven # Jeo Nig stands x4 £55 Dishuaghe” FS Coblee tuples To eo | i F900 Weber Gps Geil $60 Bunk beds + mattress FI° King sige bed § frime #US° Queen size bed + fame Vow ees F tooo Washer | Dryer §o Colfee Maker Fox0 [55 Mi Gro wave GC Hoo Becdn anaits X vento ff 350 Lamps x (o Fro Linens Egpaprant B10 Cleaning supphes $30 GET LE #100 Variax to lerrics BaD Approx 33 LG TVs X 2 fae Fi Thera H (oo Modem [Rowe ren mse 6 100 Nes} Seach Her mosisi— F100 Hae doyers 3 mise. Smet elechronics (Reut Furniture Bg uso Eqif Hd gso Apphances 8 3,400 Inventory 0 H 13.850
Page 13
Parcel Number:
80-53-715-020-60
Jurisdiction:
CITY OF SOUTH HAVEN
- VBC
County:
VAN BUREN
Printed on
0302/2026
Grantor
Grantee
TTT
sale]
sale
Inst.
Terms of Sale
Liber
Verified
Prent.
Price
Date
Type
& Page
‘By
Trans.
JAHNKE MATTHEW
J
& SAMANT |GERAGHTY ANDREW
J
& ASHLE
415,000
06/11/2025 [WD
03-ARM'S LENGTH
|1780/558
PROPERTY TRANSFER | 100.0
[VANDERKOLK BRUCE
&
LYNN
JAHNKE MATTHEW
J
& SAMANT
235,500,
04/23/2021
[WD
03-ARM'S LENGTH
1718/717
PROPERTY TRANSFER
100.0
VANDERKOLK BRUCE
&
LYNN
'VANDERKOLK BRUCE
&
LYNN
T|
[H 10/18/2017
{QC
14-INTO/OUT
OF TRUST
1659/511
PROPERTY TRANSFER
0.0
VANDERKOLK
la? ad
10/13/1989
[WD
03-ARM'S LENGTH
875/100
BUYER/SELLER
0.0
Property Address
Class: RESIDENTIAL-TMPRO
|Zoning: R-2
[Building Permit (s]
Date
Number
Status
261
BLACK RIVER ST
#
06
School:
SOUTH HAVEN
PUBLIC SCHOOLS
P.R.E.
0%
[Owner's Name/Address
[MAP
¥:
HARBORSIDE
06
—
[GERAGHTY ANDREW
J
& ASHLEY
A’
|S
i
e018
138 fever.
15 13
errr
eee -
Neo
& MO Ma smc
2026 Est TCV 432, 136 TCV/TFA:
415.12
oo
i
PALOS HEIGHTS
IL 60463
[¥ [Improved
7
Vacant
Land Value Estimates
for Land Table 04C02.NORTH CITY CONDGS
Public
*
Factors
*
Improvements
Description
Frontage
Depth
Front
Depth
Rate %Adj. Reason
Value
oT
=
—
BiTE oad
=== RATE TABLE RATE
1
4751 SqFt 37.35000
100
177,450
ax
Description
Gravel Road
0.11 Total Acres
Total Est. Land Value
=
177,450
C53A6 3-1-17 875-100 865-592 1214-30
x
[paved Road
:
1222-13 1659-511
* UNIT NO.
6 HARBORSIDE
ly
|srorm Sewer
]
CONDOMINIUM TOGETHER WITH A 1/14 INTREST
sidewalk
IN THE LAND AS DESCRIBED ON THE DEED
%
|Water
{RECORDED IN LIBER 775,
PAGES 737 THROUGH
|x
|geyer
112! Het
|x
[Electric
|
Comments /Influences
x
[cas
|
“|x
[curb
Street Lights
Standard Utilities
Underground Utils.
"Topography
of
1
Site
i
[€
Level
—
Rolling
X
Low
High
Landscaped
Swamp
Wooded
Pond
X
|Wwaterfront
Ravine
Wetland
eee
us
Flood Plain
Year
Land
Building
Assessed’
Board
of|
Tribunal/
Taxable
Value
Value
Value
Review
Other
Value
Who
When
What
12026
88,700
127,400
216, 100
216, 1008
|
~
RE
09/19/1985
2075
74,300
116,200
150, 500
137, 082C
The Equalizer.
Copyright
(c)
1999
- 2009.|cp
01/11/2000 INSPECTED
Licensed
To:
City
of South Haven,
County
2024
41,500)
1102800)
152; 600)
13229618,
of Van Buren,
Michigan
2023
34,000]
98,200
132,200
126, 630C
*** Information herein deemed reliable but not guaranteed***Page 14
Residential Building
1 of
1
Parcel Number:
80-53-715-020-60
Printed on
03/02/2026
Building Type
(3)
Roof (cont.)
|
(11)
Heating/Cooling
(15) Built-ins
|
(15) Fireplaces
(16) Porches/Decks | (17) Garage
|
—
al
iii
LE
|
Single Family
Eavestrough
X
Gas
0il
|
|Elec.
Appliance Allow.
|
Interior
1 Story |Area Type
Year Built:
3
9]
vp
Mobile Home
Insulation
Wood |
Coal|
[Steam
[Cook Top
|
Interior
2 Story
j=——zm———
Car Capacity:
Ly
In
i
i
ow
VY
Tascer
own Home
0{Front Overhang
Rand
See
ME
Dishwasher
|
!2nd/same Stac
.
Class:
Duplex
0jother Overhang
[Forced Ar w/a Ducts
Garbage Disposal
Two Sided
Bal
(Exterior:
A-Frame
li
Forced pix wl Ducts
Bath Heater
|
Exterior
1 Story
ood
Balcony
prick ven.
(4) Interior
-
.
,
vent
Fan
Exterior
2 Story
Stone Ven. :
X [Wood
Frame
TIT
EE
ers
LLEGEELE) HASSROARH
Hot Tub
Prefab
1 Story
Common Wall:
i
Drywall [7 Plaster
Elec. Coll. Radiant
Unvented Hood
|
Prefab
2 Story
Foundation
Building Style:
_Poneled |
Wood iG
Radiant
(in-floor)
|
vented Hood
|
|meat Circulator
Finished
?
2
STORY
“3 Decoration
Electric Wall Heat
Intercom
Raised Hearth
}
Auto.
Doors:
[Trim
& Decoration
\Space Heater
ET
TET
[TT re
ees SR
P
Jacuzzi Tub
Wood Stove
tech.
Doors:
oe
RE
[Ex
[Xora
|
[Min
Wall/Floor Furnace
Jacuzzi repl.Tub
Direct-vented Ga
rea
1985
0
— L177 x
[Forced Heat
& Cool
|
[ooo¥
habia
Goo
Condition: Good
oe
(of ICloants)
Heat; Buh
|
[Microwave
[last A.
Storage Area:
| [Bs Txord
Smal _ No Heating/Cooling =
|standard Range
|EfZecs Bae: Poa
Too
=
iiNo Cone. Floor:
mod
—TICentral Air
Self Clean Range
|Fl0OF
Area:
1,
Ee
Room List
Doors
[SoTid[X] H.C.
wood FeERIEs
sqina
Total Base New :
129,960
E.C.F.
‘Bsmnt Garage:
H
“Basement
157 Floors ~~" hedyro————
[Trash compactor
|TOtal Depr Cost:
84,473
x sos
|
1st Floor
(12) Electric
Central Vacuum
Estimated T.C.V:
254,686
{Carport Area:
1
2nd Floor
Sirchen:
~ O7Amps Service
|
Security System
|
Root
i
er:
20
we
cop
Bedrooms
Othess
No./Qual.
of Fixtures
Cost Est.
for Res. Bldg:
1
Town Home
2 STORY
cls
c
Blt 1985
nl
(1)
Exterior
IX
[Ex
in
Exterior Units:
0
Interior Units:
1
Roof:
In
J
Jord
|
TAI
(11)
Heating
§
dH
Cool
X
[Wood/Shingle
(6)
Ceilings
a
PTT oe
eating
System:
Forces
leat
&
Coo.
Aluminun/Vinyl
-
jlio. of Elec, TT | Ground Area = 526 SF
Floor Area = 1041 SF.
(Many
X [Ave.
rev
i Phy/Ab. Phy/Func/Econ/Comb.
% Good=65/100/100/100/65
Brick
|
A
i
i
1137
Plumbing
Building Areas
.
.
|
Enauiation
i
erase FIER BT Stories
Exterior
Foundation
size
Cost New
Depr. Cost
--
rr
rs
=
wverage
Fixture(s
1
Story
Siding
Slab
11
12) Windows
(7) Excavation
©
13 Fixture Batn
3
Sising
be
is
|
Many
Large
Basement:
0
S.F.
.
1
2 Fixture Bath
i
Total:
115,328
74,962
|
X
|Avg.
X Avg.
Crawl:
0
S.F.
Softener,
Auto
Other Additions/Adjustments
H
Few
Small
Slab:
526
S.F.
Softener,
Manual
| plumbing
i
Wood Sash
|
Height
to Joists:
0.0
lal
er Heat
2 Fixture Bath
1
3,026
1,967
|
Metal Sash
oom
o
ing
Porches
Vingl Sash
(8) Basement
Extra Toilet
cpp
45
1,193
775
in NON.
Sink
Double Hung
Conc. Block
Tn
CEP
2.
L821
1,138
Horiz. Slide
Poured Conc.
eparate Shower
Balcony
oa
iCeramic Tile Floor |
Wood Balcony
112
4,855
3,156
sement
uote:
Ceramic Tile Wains
Double Glass
Treated Wood
Water/Sewer
Ceramic
Tub Alcove
Patio Doors
Concrete
Floor
Public Matern
1
1,480
962
Vent
F:
i
Storms
& Screens
(9)
Basement Finish
-
ent
Fan
Public Sewer
1
1,480
962
[EES
(14) Water/Sewer
Built-Ins
00!
Recreation
SF
i
PE
Dishwasher
1
771
501
1
public Water
X
Gable
Gambrel
Living
SF
&
|pusive seve
Totals:
129, 960
84,473
|
Hip
|
IMansard
Walkout Doors
(B) ©
|o-0 CT
Notes:
Flat
|shed
No Floor
SE
1000 Gal Septic
ECF (NORTH CITY CONDOS)
3.015
=> TCV:
254,686
al
Walkout Doors
(A)
[5000 cal Sentic
X [Asphalt Shingle
710)
Floor Support
al
septic
fz
Lump Sum Items:
;
-
Joists:
Chimne;
Brick
Unsupported Len:
~
SE [+1138
k.
*** Information herein deemed reliable but not guaranteed***Page 15
Parcel Numbe: 80-53-715-020-60, Residential Building 1 Printed on 03/02/2026 15 Condo Bas 2 ED foe BIE 30 25 Condo Marl mas o| - r ~N] son i crmms || oad EES 52 18 Condo 1981 sf [rT **+ Information herein deemed reliable but not guaranteed+**
Page 16
03/02/2026 Valuation Report 01:24 PM DB: City Of South Haven 2026 80-53-715-020-60 2026 Est. T.C.V. GERAGHTY ANDREW J & ASHLEY A Property Class: 401 261 BLACK RIVER ST # 06 Map #: HARBORSIDE 06 CITY OF SOUTH HAVEN - VBC SOUTH HAVEN, MI 49090 Land Value Estimates for Land Table 04C02.NORTH CITY CONDOS * Factors * Description Frontage Depth Front Depth Rate $Adj. Reason value RATE TABLE RATE 1 4751 SqFt 37.35000 100 177,450 0.11 Total Acres Total Est. Land Value = 177,450 Cost Est. for Res. Bldg: 1 Town Home 2 STORY [SERN Blt 1985 Exterior Units: 0 Interior Units: 1 Roof: (11) Heating System: Forced Heat & Cool Ground Area = 526 SF Floor Area = 1041 SE. Phy/Ab. Phy/Func/Econ/Comb. $ Good=65/100/100/100/65 Building Areas Stories Exterior Foundation size Cost New Depr. Cost 1 story Siding slab 11 2 story siding slab 515 Total: 115,328 74,962 Other Additions/Adjustments Plumbing 2 Fixture Bath 1 3,026 1,967 Porches cep 45 1,193 775 cee 79 1,827 1,188 Balcony Wood Balcony 12 4,855 3,156 Water/Sewer Public Water 1 1,480 962 Public Sewer 1 1,480 962 Built-Ins Dishwasher 3 771 501 Totals: 129,960 84,473 Notes: ECF (NORTH CITY CONDOS) 3.015 => TCV: 254,686 2026 Est. T.C.V. 80-53-715-020-60 - 432,136 Est. TCV/Total Floor Area = 415.12, Most recent sale 06/11/2025 for 415,000 2025 Assessed MBOR S.E.V. Base for Cap IRM 190,500 190, 500 190, 500 137,082 2.70 2026 New Eq. Adjustment Loss Additions Tax Adjustment Losses 0 25,600 0 ° 79,018 [4 2026 Assessed MBOR S.E.V. Capped =->Taxable<- PRE/MBT 216,100 216,100 216,100 140,783 216,100 0