NOT LISTED FOR SALE

115 E Mechanic St New Buffalo, MI 49117

Estimated Value: $614,000 - $713,000

3 Beds
3.5 Baths
2,509 Sq Ft
$267/mo HOA Fee

Last Sold October 12, 2012

Last sale price $294,000 $117 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $4,736/month

364 Days on Market

Highlights

  • In Ground Pool
  • Cape Cod Architecture
  • Wood Flooring
  • New Buffalo Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Porch

About This Home

As of October 2012

OUTSTANDING CONDO VALUE JUST REDUCED OVER $40K IN DOWNTOWN NEW BUFFALO, Mi.PRICE TO SELL FULLY FURNISHED!!Walk to Harbors,Beaches, Downtown shops and restuarants. This 3 bedroom 3.5 bath end unit has plenty of windows to let the natural light in and is a perfect for a carefree getaway. The association consists of 5 units to share swimming pool which is conveniently located within feet of this townhome. Located within a 1/2 block of New Buffalo's downtown district and a short distance to Lake Michigan's sandy beaches, the marina and amenities of town. Also, walk to new Amtrak station for downtown non-stop trains to Chicago! This furnished unit has a great rental history. Other amenities include 2 fireplaces, wood floors, 3 bedrooms, 3 1/2 baths, balconies, granite counter tops. This is 10 0% Michigan!

Last Agent to Sell the Property

Chad Gradowski

Coldwell Banker Realty License #6506040711 Listed on: 10/14/2011

Coldwell Banker Realty

Last Buyer's Agent

Chad Gradowski

Lake Michigan Realty Center

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,256

Year Built

  • Built in 2002

Lot Details

  • Shrub
  • Sprinkler System

HOA Fees

  • $267 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Living Room with Fireplace
  • 2 Fireplaces
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Association fees include snow removal, lawn/yard care

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,256

Year Built

Built in 2002

Lot Details

0

HOA Fees

$267 per month

Parking

1

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 2002
  • ResoPropertyType: Residential
  • Garage Type Attached: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Microwave: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer, Disposal, Dishwasher, Microwave, Range, Refrigerator
  • Interior Amenities: Ceiling Fans, Ceramic Floor, Garage Door Opener, Wood Floor, Eat-in Kitchen
  • Fireplace Features: Gas Log, Primary Bedroom, Living
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Full
  • LivingArea: 2509.0
  • Window Features: Insulated Windows, Window Treatments
  • Basement Rooms:Basement Finished SQFT: 600.0
  • Basement Rooms:Total Basement SQFT: 100.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Primary Bedroom: Yes
  • Below Grade Sq Ft: 600.0

Exterior Features

  • Construction Materials: Wood Siding
  • Exterior Features: Porch(es), Patio
  • List Price: 299000.0
  • Lot Features: Level, Sidewalk
  • Pool Features: Outdoor/Inground
  • Road Surface Type: Paved
  • Waterfront: No
  • Driveway Paved: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Porch(es): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached, Paved
  • Garage:Garage2: Yes
  • Additional Items:Garage Door Opener: Yes
  • Garage Type:_one_: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electric Available, Cable Available, Phone Connected, Natural Gas Connected, Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Other, Pets Allowed, Pool
  • Association Fee: 800.0
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 800.0
  • Association Info:Assoc Fee Payable: Quarterly
  • Assoc Amenities:Pets Allowed2: Yes
  • Assoc Amenities:Pool: Yes

Fee Information

  • Association Fee Includes: Snow Removal, Lawn/Yard Care

Lot Info

  • Lot Dimensions: condo
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7256.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2011
Closed on
Oct 12, 2012
Sold by
Lawrence Rodney and Lawrence Jennifer
Bought by
Balsamo Richard and Balsamo Jacqueline
Seller's Agent
Chad Gradowski
Coldwell Banker Realty
Buyer's Agent
Chad Gradowski
Coldwell Banker Realty
List Price
$309,000
Sold Price
$294,000
Premium/Discount to List
-$15,000
-4.85%
Total Days on Market
364
Current Estimated Value
$677,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,028
Avg. Annual Appreciation
6.81%
Original Mortgage
$235,200
Outstanding Balance
$165,327
Interest Rate
3.53%
Mortgage Type
New Conventional
Estimated Equity
$511,701

Purchase Details

Closed on
Dec 26, 2005
Sold by
Town Homes At Town Center Condominium Ho
Bought by
Dunescape At New Buffalo Iii Ltd

Purchase Details

Closed on
Aug 4, 2004
Sold by
Spohn Jason Dale and Schauble William F
Bought by
Mclinden William N and Mclinden William D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
6.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 10, 2004
Sold by
Town Homes At Town Center Llc
Bought by
Lawrence Rodney and Lawrence Jennifer
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Balsamo Richard -- Multiple
Dunescape At New Buffalo Iii Ltd -- None Available
Mclinden William N -- --
Lawrence Rodney -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balsamo Richard $235,200
Previous Owner Mclinden William N $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2012 10/12/12 Sold $294,000 -4.9% $117 / Sq Ft
10/12/2012 10/12/12 Pending -- -- --
10/14/2011 10/14/11 For Sale $309,000 -- $123 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $8,196 $305,200 $0 $0
2024 $5,408 $275,600 $0 $0
2023 $5,196 $201,600 $0 $0
2022 $4,949 $190,100 $0 $0
2021 $7,279 $179,900 $32,500 $147,400
2020 $7,190 $182,100 $0 $0
2019 $7,102 $148,400 $32,500 $115,900
2018 $7,042 $148,400 $0 $0
2017 $7,145 $149,200 $0 $0
2016 $7,012 $146,800 $0 $0
2015 $7,096 $162,600 $0 $0
2014 $4,678 $146,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 11055805

Southwestern Michigan Association of REALTORS®

APN: 11-62-7800-0001-00-2