1501 W Water St Unit 42 New Buffalo, MI 49117
Estimated Value: $655,000 - $779,000
3
Beds
2.5
Baths
1,489
Sq Ft
$367/mo
HOA Fee
Highlights
- 1,200 Feet of Waterfront
- Cabana
- Contemporary Architecture
- New Buffalo Elementary School Rated A
- Deck
- Wooded Lot
About This Home
As of June 2023Serene oasis in New Buffalo's Warwick Shores. Updated 3 bed, 2.5 bath lakeside condo boasts prime location, spectacular lake views, & a garage! Enjoy the spacious living room with hardwood floors, cozy fireplace & picturesque views of the lake. Upper level bedrooms are generously sized with large closets. Particularly impressive is the lakeside primary suite, with a balcony overlooking the lake & a tastefully updated en-suite bath. Enjoy sunsets over the lake on the large patio. Perfect for anyone who enjoys a serene setting but also loves being a short distance from downtown & shops. A wealth of amenities includes a lakeside heated pool, lake access, tennis courts, & more. Updates include kitchen, baths, flooring, windows, & slider. Book a private tour & be home in time for summer!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,832
Year Built
- Built in 1986
Lot Details
- 1,200 Feet of Waterfront
- Decorative Fence
- Shrub
- Sprinkler System
- Wooded Lot
HOA Fees
- $367 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Garage Door Opener
Home Design
- Contemporary Architecture
- Slab Foundation
- Composition Roof
- HardiePlank Siding
Interior Spaces
- 1,489 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Insulated Windows
- Window Treatments
- Living Room with Fireplace
- Dining Area
- Water Views
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Pool
- Cabana
- In Ground Pool
Outdoor Features
- Water Access
- Shared Waterfront
- Deck
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
- Phone Available
- Cable TV Available
Community Details
Overview
- Association fees include trash, snow removal, lawn/yard care, cable/satellite
- Association Phone (269) 210-5442
- Warwick Shores Condos
Recreation
- Community Playground
- Community Pool
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 14, 2023
Closed on
Jun 16, 2023
Sold by
Mary M Kennedy Trust
Bought by
Hamilton Steven S and Hamilton Jamie L
Seller's Agent
Liz Roch
@properties Christie's International R.E.
Buyer's Agent
Pete Rahm
Keller Williams Realty SWM
List Price
$715,000
Sold Price
$675,000
Premium/Discount to List
-$40,000
-5.59%
Total Days on Market
24
Views
297
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
$51,439
Avg. Annual Appreciation
3.76%
Original Mortgage
$540,000
Outstanding Balance
$527,832
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$198,607
Purchase Details
Closed on
Jan 11, 2023
Sold by
Warwick Shores Condominium Association
Bought by
Given Not
Purchase Details
Closed on
Jun 27, 2022
Sold by
Warwick Shores Condominium Association
Bought by
Given Not
Purchase Details
Closed on
Feb 15, 2006
Sold by
Kennedy Peter T and Kennedy Mary M
Bought by
Kennedy Mary M and Mary M Kennedy Trust
Purchase Details
Closed on
May 21, 1996
Purchase Details
Closed on
May 16, 1994
Similar Homes in New Buffalo, MI
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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 |
|---|---|---|---|
| Hamilton Steven S | -- | Chicago Title | |
| Given Not | -- | -- | |
| Given Not | -- | Troff Petzke & Ammeson | |
| Kennedy Mary M | -- | First American Title Ins Co | |
| -- | $320,000 | -- | |
| -- | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hamilton Steven S | $540,000 | |
| Previous Owner | Kennedy Mary | $110,203 | |
| Previous Owner | Kennedy Peter T | $232,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/09/2023 06/09/23 | Sold | $675,000 | -3.4% | $453 / Sq Ft |
| 04/28/2023 04/28/23 | Price Changed | $699,000 | -2.2% | $469 / Sq Ft |
| 04/14/2023 04/14/23 | For Sale | $715,000 | -- | $480 / 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 | $4,235 | $208,400 | $0 | $0 |
| 2024 | $3,254 | $209,200 | $0 | $0 |
| 2023 | $4,592 | $201,500 | $0 | $0 |
| 2022 | $4,374 | $240,200 | $0 | $0 |
| 2021 | $6,592 | $171,800 | $59,500 | $112,300 |
| 2020 | $6,658 | $174,900 | $0 | $0 |
| 2019 | $7,192 | $262,100 | $144,200 | $117,900 |
| 2018 | $7,024 | $214,200 | $0 | $0 |
| 2017 | $7,152 | $215,700 | $0 | $0 |
| 2016 | $6,743 | $204,000 | $0 | $0 |
| 2015 | $6,705 | $205,300 | $0 | $0 |
| 2014 | $4,383 | $177,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Liz Roch
Seller's Agent in 2023
Liz Roch
@ Properties
(269) 405-7301
303 Total Sales
-
Pete Rahm
Buyer's Agent in 2023
Pete Rahm
Keller Williams Realty SWM
(269) 469-2911
164 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 23011179
APN: 11-13-8404-0042-00-0
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