NOT LISTED FOR SALE

1501 W Water St Unit 55 New Buffalo, MI 49117

Estimated Value: $350,000 - $520,652

2 Beds
2 Baths
1,100 Sq Ft
$200/mo HOA Fee

Last Sold October 20, 2017

Last sale price $239,000 $217 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $3,184/month

364 Days on Market

Highlights

  • 1,100 Feet of Waterfront
  • In Ground Pool
  • Contemporary Architecture
  • New Buffalo Elementary School Rated A
  • Deck
  • Wooded Lot

About This Home

As of October 2017

MAKE AN OFFER! Highly motivated seller invites you to check out Warwick Shores, a waterfront and wooded community just outside downtown New Buffalo. Gated association offers pool, tennis and walking trails and million dollar lake views from neighborhood pool & multilevel decks. This condo is freshly painted and has new flooring. Two bedroom, two bath unit is perfect for weekend escapes. 3 season room & deck overlook the woods. Summer is here. Great time to buy and take advantage of all New Buffalo & Harbor Country has to offer. Farm markets filled with fresh produce & flowers, local breweries & wineries, quaint shops and some amazingly good food at our local restaurants. Change your weekends forever! Check it out today! Best price in Warwick at just $265,000 !!!

Last Agent to Sell the Property

Cathy Smith

Cathy Smith Real Estate License #6506043515 Listed on: 09/09/2016

Last Buyer's Agent

Chad Gradowski

Coldwell Banker Realty License #6502355194

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,425

Year Built

  • Built in 1989

Lot Details

  • 1,100 Feet of Waterfront
  • Private Entrance
  • Wooded Lot

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Dining Area
  • Screened Porch
  • Laminate Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Association fees include trash, snow removal, lawn/yard care
  • Warwick Shores Condos

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,425

Year Built

Built in 1989

Lot Details

0

HOA Fees

$200 per month

Parking

1

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Contemporary
  • Stories: 1
  • Year Built: 1989
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 0
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1100.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 5425.23
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Waterfront Options:Water Frontage3: 1100.0
  • General Property Info:Fireplace: Yes
  • Substructure:Slab: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • General Property Info:Condo Proj Name: Warwick Shores
  • General Property Info:Entry Type: Private
  • General Property Info:Pets YN: Yes
  • Water Heater:Electric3: Yes
  • General Property Info:SqFt Above Grade: 1100.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Contemporary: Yes
  • Flooring:Laminate Floor: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring: Laminate
  • Interior Amenities: Eat-in Kitchen, Pantry
  • Fireplace Features: Gas Log, Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Slab
  • LivingArea: 1100.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • Exterior Features: Scrn Porch
  • List Price: 253000.0
  • Lot Features: Wooded
  • Patio and Porch Features: Deck
  • Pool Features: In Ground
  • Roof: Composition
  • Water Body Name: Lake Michigan
  • Waterfront Features: Lake
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Features:Scrn Porch: Yes
  • Patio and Porch Features:Deck(s): Yes
  • Pool:In Ground: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public
  • Heat Source:Electric2: Yes

Condo/Co-op/Association

  • Association Amenities: Pets Allowed, Pool, Tennis Court(s), Other
  • Association Fee: 600.0
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Association Info:Approx Assoc Fee2: 600.0
  • Association Info:Assoc Fee Payable: Quarterly
  • Assoc Amenities:Pets Allowed2: Yes
  • Water Fea Amenities:Assoc Access: 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: 0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5425.23
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2016
Closed on
Oct 20, 2017
Sold by
Martin Carol A and Martin Robert G
Bought by
Neroda Kelley and Neroda Ronald
Seller's Agent
Cathy Smith
Cathy Smith Real Estate
Buyer's Agent
Chad Gradowski
Coldwell Banker Realty
List Price
$275,000
Sold Price
$239,000
Premium/Discount to List
-$36,000
-13.09%
Current Estimated Value
$461,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,413
Avg. Annual Appreciation
8.59%
Original Mortgage
$215,100
Outstanding Balance
$179,476
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$281,937

Purchase Details

Closed on
Sep 19, 1994
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Neroda Kelley -- None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neroda Kelley $215,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2017 10/20/17 Sold $239,000 -13.1% $217 / Sq Ft
09/08/2017 09/08/17 Pending -- -- --
09/09/2016 09/09/16 For Sale $275,000 -- $250 / 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 $6,457 $205,100 $0 $0
2024 $4,253 $170,200 $0 $0
2023 $4,086 $158,900 $0 $0
2022 $3,892 $135,000 $0 $0
2021 $5,744 $126,900 $10,000 $116,900
2020 $5,666 $123,500 $0 $0
2019 $5,597 $122,200 $10,000 $112,200
2018 $5,695 $122,200 $0 $0
2017 $5,557 $123,800 $0 $0
2016 $5,440 $121,500 $0 $0
2015 $5,425 $179,500 $0 $0
2014 $3,577 $171,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16047027

Southwestern Michigan Association of REALTORS®

APN: 11-62-8407-0055-00-2