1501 W Water St Unit 24 New Buffalo, MI 49117
Estimated Value: $1,004,000 - $1,269,262
4
Beds
4
Baths
2,728
Sq Ft
$628/mo
HOA Fee
Highlights
- Waterfront
- Deck
- Family Room with Fireplace
- New Buffalo Elementary School Rated A
- Contemporary Architecture
- Wooded Lot
About This Home
As of July 2022Lake Michigan Waterfront Condo in New Buffalo with ''Never-Ending'' views. The most gorgeous sunsets await from this 4 bedroom /4 bathroom/ 2728 sqft home. Perfect for entertaining on the wrap-around decks and patios or the first and second level of this stunnning home. The main level features a floor to ceiling stone fireplace in the living room and vaulted ceilings, dining room, and kitchen with Thermador/ Sub-Zero and Miele appliances, Master bedroom ensuite with a private deck, plus a first floor laundry room. The walk-out lower level/basement includes a family room with a stone fireplace, wet bar and bedroom ensuite, all including large windows and sweeping views. The upper floor offers a fantastic office space in the loft overlooking the lake, plus 2 bedrooms and 2 full baths. Furniture Included (bar table negotiable). The association includes hiking trails, tennis courts and a pool with a spacious deck on the bluff. Move right in and make it your weekend or year around paradise before someone else does!
Last Agent to Sell the Property
@properties Christie's International R.E. License #6501353247 Listed on: 04/29/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,453
Year Built
- Built in 1986
Lot Details
- Waterfront
- Property fronts a private road
- End Unit
- Cul-De-Sac
- Terraced Lot
- Wooded Lot
- Garden
HOA Fees
- $628 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Garage Door Opener
Home Design
- Contemporary Architecture
- Composition Roof
- Wood Siding
Interior Spaces
- 3-Story Property
- Wet Bar
- Ceiling Fan
- Wood Burning Fireplace
- Insulated Windows
- Window Treatments
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Wood Flooring
- Water Views
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Snack Bar or Counter
- Trash Compactor
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- 4 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Basement
- Walk-Out Basement
- 1 Bedroom in Basement
Outdoor Features
- Balcony
- Deck
- Patio
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Phone Available
- Cable TV Available
Community Details
Overview
- Association fees include sewer, cable/satellite
- Warwick Shores Condos
- Warwick Shores Subdivision
Recreation
- Tennis Courts
- Community Playground
- Community Pool
Pet Policy
- Pets Allowed
Additional Features
- Security
- Security Service
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
8
Current Estimated Value
Purchase Details
Listed on
Apr 29, 2022
Closed on
Jul 6, 2022
Sold by
Warwick Shores Unit 24 Llc
Bought by
Robert Collins Living Trust
Seller's Agent
Mary Lynn Kormanik
@properties Christie's International R.E.
Buyer's Agent
Chad Gradowski
Coldwell Banker Realty
List Price
$1,275,000
Sold Price
$1,215,000
Premium/Discount to List
-$60,000
-4.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.82%
Original Mortgage
$813,400
Interest Rate
5.23%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 29, 2022
Closed on
Jun 27, 2022
Sold by
Warwick Shores Condominium Association
Bought by
Given Not
Seller's Agent
Mary Lynn Kormanik
@properties Christie's International R.E.
Buyer's Agent
Chad Gradowski
Coldwell Banker Realty
List Price
$1,275,000
Sold Price
$1,215,000
Premium/Discount to List
-$60,000
-4.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$813,400
Interest Rate
5.23%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 14, 2019
Sold by
Gruen Carol A
Bought by
Warwick Shores Unit 24 Llc
Purchase Details
Closed on
Nov 5, 2019
Sold by
Gruen Carol A
Bought by
Warwick Shores Unit 24 Llc
Purchase Details
Closed on
Nov 4, 2019
Sold by
Carol A Gruen Trust
Bought by
Gruen Carol A
Purchase Details
Closed on
Jun 1, 2011
Sold by
Cash James and Gruen Carol A
Bought by
Gruen Carol A and Cash James M
Purchase Details
Closed on
Jul 2, 2010
Sold by
Buda James B and Buda Susan K
Bought by
Cash James and Gruen Carol A
Purchase Details
Closed on
Oct 13, 2005
Sold by
Peterson Scott A and The 24-4 Revocable Declaration
Bought by
Buda James B and Buda Susan K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Apr 26, 2004
Sold by
Kemper Edward M and Kemper Susan
Bought by
Peterson Scott A and The 24-4 Revocable Declaration
Purchase Details
Closed on
May 8, 1989
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Given Not | -- | -- | |
| Robert Collins Living Trust | -- | Chicago Title | |
| Given Not | -- | Troff Petzke & Ammeson | |
| Warwick Shores Unit 24 Llc | -- | None Listed On Document | |
| Warwick Shores Unit 24 Llc | -- | None Available | |
| Gruen Carol A | -- | None Listed On Document | |
| Gruen Carol A | -- | None Available | |
| Cash James | -- | Multiple | |
| Buda James B | -- | -- | |
| Peterson Scott A | -- | -- | |
| -- | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Robert Collins Living Trust | $813,400 | |
| Previous Owner | Buda James B | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/06/2022 07/06/22 | Sold | $1,215,000 | -4.7% | $445 / Sq Ft |
| 04/29/2022 04/29/22 | For Sale | $1,275,000 | -- | $467 / 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 | $18,480 | $462,700 | $0 | $0 |
| 2024 | $12,194 | $403,200 | $0 | $0 |
| 2023 | $12,192 | $399,600 | $0 | $0 |
| 2022 | $7,104 | $284,500 | $0 | $0 |
| 2021 | $10,453 | $271,600 | $33,200 | $238,400 |
| 2020 | $10,322 | $222,300 | $0 | $0 |
| 2019 | $13,203 | $335,500 | $116,500 | $219,000 |
| 2018 | $13,006 | $335,500 | $0 | $0 |
| 2017 | $13,034 | $338,600 | $0 | $0 |
| 2016 | $12,791 | $334,100 | $0 | $0 |
| 2015 | $12,756 | $267,000 | $0 | $0 |
| 2014 | $6,096 | $266,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Lynn Kormanik
Seller's Agent in 2022
Mary Lynn Kormanik
@ Properties
(269) 469-0700
41 Total Sales
-
Chad Gradowski
Buyer's Agent in 2022
Chad Gradowski
Coldwell Banker Realty
(219) 241-9083
375 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 22015276
APN: 11-62-8402-0024-00-9
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