NOT LISTED FOR SALE

1501 W Water St Unit 15 New Buffalo, MI 49117

Estimated Value: $578,000 - $699,347

2 Beds
2.5 Baths
1,200 Sq Ft
$0/mo HOA Fee

Last Sold October 07, 2022

Last sale price $575,000 $479 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,445/month

55 Days on Market

Highlights

  • 1,200 Feet of Waterfront
  • In Ground Pool
  • Contemporary Architecture
  • New Buffalo Elementary School Rated A
  • Deck
  • Wooded Lot

About This Home

As of October 2022

WATERFRONT UPDATED CONDO AT WARWICK SHORES, this delightful 2 bedroom, 2.5 bath condo has been updated, new kitchen, new baths, trex decking and sweeping open Lake Michigan views!!! This unit is offered turnkey come pack your cloths and favorite grilling recipes and move right in!! Open floor plan with newer appliances and immaculate condition. Lovely furniture and decor in neutral tones, all bedding and towels included. Kitchen items and pictures on the walls are the only things the seller is removing. Great open floor plan for lake views from almost every room. Large deck with patio furniture & grill will welcome you. Newer Anderson sliders and windows, siding, roofs & decks make this care free living. In ground pool, tennis courts and childrens play area, Best Buy on the LAKEFRONT!!

Last Agent to Sell the Property

Judie Farley

Farley Real Estate, Inc. License #6506029864 Listed on: 07/11/2022

Last Buyer's Agent

David Kreager

Michigan Lifestyle Properties License #6502357393

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,050

Year Built

  • Built in 1985

Lot Details

  • 1,200 Feet of Waterfront
  • Property fronts a private road
  • Shrub
  • Wooded Lot

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • HardiePlank Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Insulated Windows
  • Living Room with Fireplace
  • Dining Area
  • Stone Flooring
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Water Access
  • Balcony
  • Deck
  • Patio
  • Play Equipment

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include trash, snow removal, lawn/yard care
  • Warwick Shores Condos
  • Warwick Shores Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,050

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1985
  • ResoPropertyType: Residential
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Microwave: Yes
  • Architectural Style:Contemporary: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Flooring: Stone
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Slab
  • LivingArea: 1200.0
  • Window Features: Insulated Windows
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Materials: HardiPlank Type
  • Exterior Features: Balcony, Play Equipment, Tennis Court(s)
  • List Price: 599000.0
  • Lot Features: Sidewalk, Wooded
  • Patio and Porch Features: Deck, Patio
  • Pool Features: In Ground
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Roof: Composition, Shingle
  • Water Body Name: Lake Michigan
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Features:Balcony: Yes
  • Exterior Features:Play Equipment: Yes
  • Patio And Porch Features:Patio: Yes
  • Pool:In Ground: Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Heat Pump
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Available, Electricity Available, Cable Available, Cable Connected, Broadband, High-Speed Internet
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Playground, Pool, Tennis Court(s)
  • Association Fee: 1.07
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 1.07
  • Association Info:Assoc Fee Payable: Quarterly
  • Water Fea Amenities:View: Yes
  • Water Fea Amenities:Assoc Access: Yes
  • Assoc Amenities:Playground: Yes
  • Assoc Amenities:Pool: Yes
  • Assoc Amenities:Tennis Court(s)2: Yes

Fee Information

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

Lot Info

  • Lot Dimensions: Condo
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 7050.41
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2023
Sold by
Warwick Shores Condominium Association
Bought by
Given Not
Total Days on Market
55
Current Estimated Value
$649,587

Purchase Details

Listed on
Jul 11, 2022
Closed on
Oct 6, 2022
Sold by
Melanie K Riedl Revocable Trust
Bought by
Cup Eric G and Hylaszek Heather B
Seller's Agent
Judie Farley
Farley Real Estate, Inc.
Buyer's Agent
David Kreager
Michigan Lifestyle Properties
List Price
$619,000
Sold Price
$575,000
Premium/Discount to List
-$44,000
-7.11%
Views
58

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.71%
Original Mortgage
$460,000
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2005
Sold by
Riedl George J and Riedl Melanie K
Bought by
Riedl Melanie K and Melanie K Riedl Revocable Trus

Purchase Details

Closed on
Dec 1, 2000

Purchase Details

Closed on
Nov 3, 1997

Purchase Details

Closed on
Jun 9, 1997

Purchase Details

Closed on
Sep 11, 1987
Source: Public Records

Similar Homes in New Buffalo, MI

  • 310 Oselka Dr Unit 456, New Buffalo, MI 49117

    $749,000

    • 3 Beds
    • 3 Baths
    • 1,914 Sq Ft
    • 310 Oselka Dr
    • Unit 456
    • New Buffalo, MI

    Welcome to a boater's dream! This rare 3br/3ba extra-wide penthouse condo offers sweeping harbor and Lake Michigan views, and a garage AND a 40 ft South Cove boat slip with an assigned parking space! Enjoy the ease of in-town living with your boat slip and association pool just steps away, plus New Buffalo's restaurants, shops, casino shuttle and Amtrak all within walking distance! You'll love

    Chad Gradowski Coldwell Banker Realty

    Section Image
  • 120 N Barton St Unit B, New Buffalo, MI 49117

    $799,000

    • 3 Beds
    • 3 Baths
    • 2,110 Sq Ft
    • 120 N Barton St
    • Unit B
    • New Buffalo, MI

    Welcome to 120 N Barton, a charming newer condominium located just steps from the stunning shores of Lake Michigan and the sandy beach. This condo boasts the perfect combination of luxury living and convenience, located in the heart of New Buffalo's vibrant downtown where you can enjoy unique shops, a grocery store, Starbucks, and restaurants like the Stray Dog. You'll have ample space to host

    Jeffry Kermath Kermath Realty LLC

    Section Image
  • 221 N Townsend St, New Buffalo, MI 49117

    $549,000

    • 2 Beds
    • 2 Baths
    • 1,159 Sq Ft
    • 221 N Townsend St
    • New Buffalo, MI

    Carefree living in the heart of New Buffalo. This updated condo offers the perfect blend of style, comfort, and location—just minutes from the beach, harbor, restaurants, and shops. The open-concept layout features a stunning kitchen with granite countertops, stainless appliances, a built-in wine rack, and an island designed for gathering. Step outside to your private patio framed by mature trees

    Kristen Sheldon @properties Christie's International R.E.

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Given Not -- --
Cup Eric G -- Chicago Title
Riedl Melanie K -- --
-- $318,000 --
-- $100 --
-- $241,500 --
-- $127,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cup Eric G $460,000
Previous Owner Riedl George J $207,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $575,000 -4.0% $479 / Sq Ft
09/04/2022 09/04/22 Pending -- -- --
08/30/2022 08/30/22 Price Changed $599,000 -3.2% $499 / Sq Ft
07/11/2022 07/11/22 For Sale $619,000 -- $516 / 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 $11,981 $297,000 $0 $0
2024 $7,905 $261,400 $0 $0
2023 $7,911 $259,300 $0 $0
2022 $4,660 $183,200 $0 $0
2021 $6,857 $175,500 $33,200 $142,300
2020 $6,770 $145,800 $0 $0
2019 $7,645 $259,200 $116,500 $142,700
2018 $7,531 $259,200 $0 $0
2017 $7,547 $261,200 $0 $0
2016 $7,406 $258,300 $0 $0
2015 $7,386 $214,400 $0 $0
2014 $4,869 $213,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22028790

Southwestern Michigan Association of REALTORS®

APN: 11-62-8401-0015-00-1