NOT LISTED FOR SALE

Estimated Value: $1,194,000 - $2,172,665

5 Beds
3.5 Baths
2,758 Sq Ft
$610/Sq Ft Est. Value

Last Sold August 23, 2013

Last sale price $1,550,000 $562 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $11,841/month

1,018 Days on Market

Highlights

  • Private Waterfront
  • Community Lake
  • Wooded Lot
  • Deeded Waterfront Access Rights
  • Deck
  • Wood Flooring

About This Home

As of August 2013

BEST LAKE MICHIGAN LAKEFRONT VALUE IN THE NEW BUFFALO AREA! 100' of PRIVATE LAKE MICHIGAN frontage comes with this custom built home in a wooded and private setting. This home has a great cottage feel and features an open floor plan, fireplace, wet bar, screened porch, maple floors and more! HUGE DECK with an amazing views of LAKE MICHIGAN. Wide and sandy LAKE MICHIGAN beach, low maintenance landscaping. Quiet, private, setting, the perfect spot to relax and recharge! Off of the beaten path, close to all HARBOR COUNTRY amenities!

Last Agent to Sell the Property

George Lucas

RE/MAX Harbor Country License #6506035479 Listed on: 11/07/2010

RE/MAX Harbor Country

Last Buyer's Agent

Chad Gradowski

Coldwell Banker Realty License #6506040711

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,199

Year Built

  • Built in 2003

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 100 x 217
  • Private Waterfront
  • 100 Feet of Waterfront
  • The property's road front is unimproved
  • Property fronts a private road
  • Shrub
  • Terraced Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Unpaved Driveway
  • Unpaved Parking

Home Design

  • Cabin
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,758 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Treatments
  • Living Room with Fireplace
  • Water Views
  • Home Security System
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Snack Bar or Counter
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Shared Waterfront
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heating System Powered By Leased Propane
  • Propane
  • Septic System

Community Details

Overview

  • Community Lake

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,199

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Cabin/Cottage
  • Stories: 3
  • Year Built: 2003
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 858.93
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 100 x 217
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2758.0
  • General Property Info:Design: Cabin/Cottage
  • Tax Info:Annual Property Tax: 5199.0
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Garage Type Attached: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Water:Public2: Yes
  • Waterfront Options:Water Frontage3: 100.0
  • Driveway:Unpaved: Yes
  • Windows:Insulated Windows: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Ceramic Floor: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Additional Items:Wood Floor: Yes
  • Landscape:Terraced Yard: Yes
  • Additional Items:Security System: Yes
  • Additional Items:Wet Bar: Yes
  • Additional Items:LP Tank Rented: Yes
  • General Property Info:SqFt Above Grade: 1921.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Disposal, Dishwasher, Microwave, Range, Refrigerator
  • Interior Amenities: Ceiling Fans, Ceramic Floor, Garage Door Opener, LP Tank Rented, Security System, Wet Bar, Wood Floor, Kitchen Island
  • Fireplace Features: Wood Burning, Living
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Main Level Bedrooms: 2
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Other
  • LivingArea: 2758.0
  • Window Features: Insulated Windows, Window Treatments
  • General Property Info:Stories2: 3.0
  • Appliances Range: Yes
  • Kitchen Features:Center Island: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • Exterior Features: Deck(s)
  • List Price: 1650000.0
  • Lot Features: Wooded
  • Road Frontage Type: Private Road
  • Road Surface Type: Unimproved
  • Water Body Name: Lake Michigan
  • Waterfront Features: All Sports, Deeded Access, Private Frontage, Shared Frontage
  • Waterfront: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached, Unpaved
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes
  • Additional Items:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Septic System
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:Private Frontage: Yes
  • Water Fea Amenities:Deeded Access: Yes
  • Water Fea Amenities:View: Yes
  • Water Fea Amenities:Shared Frontage: Yes

Lot Info

  • Lot Size Acres: 0.5
  • Lot Size Area: 0.5
  • Lot Dimensions: 100 x 217
  • Lot Size Sq Ft: 21780.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5199.0
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2010
Closed on
Aug 21, 2013
Sold by
Penner Michael M and Penner Sally S
Bought by
Kartheiser James A and Kennedy Kartheiser Katherine
Seller's Agent
George Lucas
RE/MAX Harbor Country
Buyer's Agent
Chad Gradowski
Coldwell Banker Realty
List Price
$2,300,000
Sold Price
$1,550,000
Premium/Discount to List
-$750,000
-32.61%
Current Estimated Value
$1,683,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,333
Avg. Annual Appreciation
0.67%

Purchase Details

Closed on
Apr 4, 2007
Sold by
Penner Michael M and Penner Sally S
Bought by
Penner Michael M and Penner Sally S

Purchase Details

Closed on
Jul 21, 2006
Sold by
Penner Michal M and Penner Salley L
Bought by
Penner Michal M and Penner Sally L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
6.87%
Mortgage Type
New Conventional
Source: Public Records
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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
Kartheiser James A -- Multiple
Penner Michael M -- None Available
Penner Michal M -- Nations Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Penner Michal M $950,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2013 08/23/13 Sold $1,550,000 -32.6% $562 / Sq Ft
08/21/2013 08/21/13 Pending -- -- --
11/07/2010 11/07/10 For Sale $2,300,000 -- $834 / Sq Ft
Source: MichRIC

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 $36,470 $1,453,800 $0 $0
2024 $31,489 $1,225,100 $0 $0
2023 $29,995 $894,700 $0 $0
2022 $28,566 $926,100 $0 $0
2021 $31,242 $856,100 $643,200 $212,900
2020 $30,861 $807,400 $0 $0
2019 $29,700 $758,100 $575,400 $182,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 10054028

MichRIC

APN: 11-07-0009-0041-00-0