NOT LISTED FOR SALE

15607 Lakeshore Rd Union Pier, MI 49129

Estimated Value: $816,700

-- Bed
-- Bath
-- Sq Ft
0.25 Acres

Last Sold September 26, 2022

Last sale price $805,000

Est. 1% increase in value since last sale

Current estimated payment $5,675/month

10 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Corner Lot: Yes
  • No Heating
  • New Buffalo Elementary School Rated A

About This Home

As of September 2022

Location is everything! The term highest and best defines not what a property is but rather what it can become. In its present state this deeded access, corner lot has three separate structures, two of which are currently being utilized as three season income producing rental units comprising four total units and the third structure was a storefront from a bygone era. While the previous use of the storefront and its commercial use has long since been abandoned and subsequent zoning has designated the site as R-1. Smack Dab across from private beach access. Maybe a min away, thirty seconds if you hustle!

Last Agent to Sell the Property

Tammy Stelling

@properties Christie's International R.E. License #6501303513 Listed on: 06/21/2022

@properties Christie's International R.E.

Co-Listed By

Renny Mills

@properties Christie's International R.E. License #6501374915

Last Buyer's Agent

Nate Paulus

R1 Property Group License #6501407272

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,922

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot
  • Corner Lot: Yes

Parking

  • 6 Parking Spaces

Home Design

  • Concrete Siding

Utilities

  • No Cooling
  • No Heating

Additional Features

  • Crawl Space
  • Deeded Waterfront Access Rights

Community Details

  • 3 Buildings
  • 5 Units

Listing and Financial Details

  • The owner pays for water, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,922

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 00x00
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 3922.0
  • Tax Info:Zoning3: R1
  • Waterfront Options:Water Access YN: Yes
  • General Property Info:Total _pound_ Units: 5
  • General Property Info:Total _pound_ Bldgs: 3.0
  • Utilities Attached:Electric4: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Substructure:Crawl Space: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Construction Materials: Block, Concrete
  • List Price: 785000.0
  • Number of Buildings: 3
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Concrete: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: None
  • Heating: No
  • Utilities: Public Water, Public Sewer
  • Water Source: Public

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:Deeded Access: Yes
  • Water Fea Amenities:Public Access 1 Mile or Less: Yes

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Sq Ft: 10687.0
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer

Multi Family

  • Number of Units Total: 5

Tax Info

  • Tax Annual Amount: 3922.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2022
Closed on
Sep 26, 2022
Sold by
Dapkus Rita D
Bought by
Trg Hospitality Llc
Seller's Agent
Tammy Stelling
@properties Christie's International R.E.
Buyer's Agent
Nate Paulus
R1 Property Group
List Price
$785,000
Sold Price
$805,000
Premium/Discount to List
$20,000
2.55%
Views
20
Current Estimated Value
$816,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,700
Original Mortgage
$1,087,225
Outstanding Balance
$490,547
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 21, 2022
Closed on
Sep 13, 2022
Sold by
Dapkus Revocable Living Trust
Bought by
Dapkus Rita D
Seller's Agent
Tammy Stelling
@properties Christie's International R.E.
Buyer's Agent
Nate Paulus
R1 Property Group
List Price
$785,000
Sold Price
$805,000
Premium/Discount to List
$20,000
2.55%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,087,225
Outstanding Balance
$490,547
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2004
Sold by
Dapkus Pedro F and Dapkus Ilona A
Bought by
Dapkus Pedro F and Dapkus Rita D

Purchase Details

Closed on
Mar 12, 2002

Purchase Details

Closed on
Oct 7, 1996
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Trg Hospitality Llc $805,000 --
Dapkus Rita D -- --
Dapkus Pedro F -- --
-- -- --
-- $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trg Hospitality Llc $1,087,225
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2022 09/26/22 Sold $805,000 +2.5% --
06/21/2022 06/21/22 For Sale $785,000 -- --
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 $16,143 $398,400 $0 $0
2024 $10,132 $411,100 $0 $0
2023 $5,503 $223,300 $0 $0
2022 $2,591 $227,800 $0 $0
2021 $3,922 $237,700 $125,900 $111,800
2020 $3,874 $148,600 $0 $0
2019 $3,783 $288,200 $126,000 $162,200
2018 $3,740 $288,200 $0 $0
2017 $3,762 $168,700 $0 $0
2016 $3,589 $233,400 $0 $0
2015 $3,566 $248,900 $0 $0
2014 $2,304 $241,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22025087

Southwestern Michigan Association of REALTORS®

APN: 11-07-4730-0008-00-7