10 W Mechanic St New Buffalo, MI 49117
3
Beds
2.5
Baths
1,490
Sq Ft
$450/mo
HOA Fee
Highlights
- Water Views
- In Ground Pool
- Wood Flooring
- New Buffalo Elementary School Rated A
- Deck
- Screened Porch
About This Home
As of December 2023Amazing investment opportunity!!! This 3BR/2.5BA is perfectly situated in downtown New Buffalo putting you in walking distance of everything New Buffalo has to offer. Enjoy the beautiful sunset skies over Lake Michigan from your private balconies. Private pool, screened in porch and 2 car attached garage This property comes with a transferable City of New Buffalo short term rental certificate and is currently being used as a short-term rental. In 2021 this property collected $67,143, so far in 2022 $60,601. This type of rental income with the transferable rental license is extremely sought after and will go fast.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,377
Year Built
- Built in 2004
HOA Fees
- $450 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Slab Foundation
Interior Spaces
- 1,490 Sq Ft Home
- 3-Story Property
- Ceiling Fan
- Gas Log Fireplace
- Insulated Windows
- Living Room with Fireplace
- Dining Area
- Screened Porch
- Water Views
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- In Ground Pool
- Deck
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- High Speed Internet
- Cable TV Available
Community Details
Overview
- Association fees include water, trash, snow removal, sewer, lawn/yard care
- Dunescape Condos
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 8, 2023
Closed on
Dec 4, 2023
Sold by
Laspisa Deana and Laspisa Salvatore
Bought by
Houser Jared and Houser Carli
Seller's Agent
Taylor Lindstrom
Coldwell Banker Realty
Buyer's Agent
Traci Lauricella
RE/MAX Harbor Country @ New Buffalo
List Price
$6,750,000
Sold Price
$675,000
Premium/Discount to List
-$6,075,000
-90%
Total Days on Market
71
Views
75
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,643
Avg. Annual Appreciation
5.13%
Original Mortgage
$480,000
Outstanding Balance
$473,981
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$253,663
Purchase Details
Listed on
Sep 2, 2022
Closed on
Nov 10, 2022
Sold by
Campbell Paul and Campbell Laura
Bought by
Laspisa Deana and Laspisa La Spisa
Seller's Agent
Pete Weber
EXP Realty
Buyer's Agent
Taylor Lindstrom
Coldwell Banker Realty
List Price
$550,000
Sold Price
$565,000
Premium/Discount to List
$15,000
2.73%
Views
145
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.09%
Original Mortgage
$452,000
Interest Rate
6.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 16, 2016
Sold by
Fritz Karen C
Bought by
Campbell Paul and Campbell Laura
Purchase Details
Closed on
Sep 20, 2004
Sold by
Dunescape At New Buffalo
Bought by
Fritz Karen C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
Similar Homes in New Buffalo, MI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $365,000 | Attorney | |
| Warranty Deed | -- | Chicago Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $480,000 | New Conventional | |
| Previous Owner | $452,000 | New Conventional | |
| Previous Owner | $200,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/06/2023 12/06/23 | Sold | $675,000 | -90.0% | $453 / Sq Ft |
| 10/08/2023 10/08/23 | For Sale | $6,750,000 | +1094.7% | $4,530 / Sq Ft |
| 11/11/2022 11/11/22 | Sold | $565,000 | +2.7% | $379 / Sq Ft |
| 07/03/2022 07/03/22 | For Sale | $550,000 | -- | $369 / Sq Ft |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,884 | $306,300 | $0 | $0 |
| 2024 | $8,501 | $281,100 | $0 | $0 |
| 2023 | $11,021 | $276,900 | $0 | $0 |
| 2022 | $5,015 | $216,400 | $0 | $0 |
| 2021 | $7,377 | $205,800 | $19,800 | $186,000 |
| 2020 | $7,286 | $197,000 | $0 | $0 |
| 2019 | $7,197 | $182,300 | $36,000 | $146,300 |
| 2018 | $7,090 | $182,300 | $0 | $0 |
| 2017 | $7,105 | $147,300 | $0 | $0 |
| 2016 | $6,930 | $145,100 | $0 | $0 |
| 2015 | $6,970 | $148,900 | $0 | $0 |
| 2014 | $4,595 | $143,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Taylor Lindstrom
Seller's Agent in 2023
Taylor Lindstrom
Coldwell Banker Realty
(847) 404-8900
50 Total Sales
-
Traci Lauricella
Buyer's Agent in 2023
Traci Lauricella
RE/MAX Michigan
(269) 876-9163
99 Total Sales
-
Pete Weber
P
Seller's Agent in 2022
Pete Weber
EXP Realty
(312) 286-1044
32 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 22027537
APN: 11-62-1690-0005-00-8
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information is deemed reliable but not guaranteed.
Copyright 2025 MichRIC, LLC. All rights reserved.
Nearby Homes
- 225 N Whittaker St Unit 7&8
- Lot 9 & 10 N Whittaker St
- 120 N Barton St Unit B
- Lots 7 & 8 N Whittaker
- 227 N Townsend St Unit 101
- 317 Peninsula E Unit E
- 221 N Townsend St
- Lots 3 & 4 N Thompson St
- 310 Oselka Dr Unit 456
- 19175 U S 12
- Lots 5 & 6 N Thompson
- 3 Preserve Way Unit 3
- 36 Harbor Isle Dr
- 210 E Water St
- 420 Oselka Dr Unit 213
- 10 Peninsula Dr
- 298 Peninsula D
- 19839 U S 12
- 321 E Merchant St
- 319 E Merchant St