NOT LISTED FOR SALE

16257 Red Arrow Hwy Union Pier, MI 49129

Estimated Value: $1,271,000 - $1,565,000

8 Beds
4.5 Baths
4,000 Sq Ft
$362/Sq Ft Est. Value

Last Sold October 11, 2024

Last sale price $1,425,000 $356 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $7,614/month

8 Days on Market

Highlights

  • Guest House
  • Water Access
  • Wood Burning Stove
  • New Buffalo Elementary School Rated A
  • New Construction
  • Family Room with Fireplace

About This Home

As of October 2024

Find your zen in this stunning, turnkey new construction opportunity that offers 2 homes with a total of 8br/4.5ba and 4000sf of living space in the heart of Union Pier. Luxury features include heated concrete floors, vaulted ceilings, open living space, custom kitchens and spa-style baths. Huge windows pour in the natural light and frame views of the woods. Each home has a hot tub for year-round soaks, and a wood stove in the living area ideal for cozy cool nights. Close to Union Pier beaches, cafes and the bike path, this rare property offers two homes for the price of one! Create your family compound or invest in a successful STR! Heavily rented, Earn 200 k in rental income! This is an investment you can enjoy!
1 st 11 months as rental 202,000!

Last Agent to Sell the Property

Jeffry Kermath

Kermath Realty LLC License #6502334057 Listed on: 09/22/2024

Last Buyer's Agent

Jeffry Kermath

Kermath Realty LLC License #6502334057 Listed on: 09/22/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $250

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 75x318x72x344
  • The property's road front is unimproved
  • Shrub
  • Wooded Lot
  • Back Yard Fenced

Parking

  • Gravel Driveway

Home Design

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

Interior Spaces

  • 4,000 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Wood Burning Stove
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Dining Area
  • Recreation Room with Fireplace
  • Stone Flooring

Kitchen

  • Eat-In Kitchen
  • Oven
  • Stove
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 8 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Property is near a lake
  • Porch

Additional Homes

  • Guest House

Schools

  • New Buffalo Senior High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Hot Water Heating System
  • Gravity Heating System
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Recreational Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$250

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: Yes
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 2023
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 349.75
  • General Property Info:New Construction2: Yes
  • General Property Info:Lot Dimensions: 75x318x72x344
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 4000.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 250.0
  • Tax Info:Zoning3: res
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 2.0
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Air Conditioning:Wall Unit(s): Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Construction Status: Completed
  • Heat Type:Hot Water: Yes
  • Heat Type:Radiant: Yes
  • Driveway:Gravel: Yes
  • Substructure:Slab: Yes
  • Appliances Microwave: Yes
  • Roofing:Shingle: Yes
  • Water Heater:Tankless: Yes
  • Utilities Attached:High-Speed Internet: Yes
  • Additional Items:GasWood Stove: Yes
  • Heat Type:Gravity: Yes
  • General Property Info:SqFt Above Grade: 4000.0
  • Additional Items:Vaulted Ceilings: Yes
  • Laundry Features Main Level: Yes
  • General Property Info High School: New Buffalo Senior High School
  • General Property Info Garage YN: No
  • Architectural Style:Ranch: Yes
  • Fencing:Fenced Back: Yes
  • Flooring Stone Floor: Yes
  • Other Structures:Guest House: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • Flooring: Stone
  • Interior Amenities: Gas/Wood Stove, Kitchen Island, Eat-in Kitchen
  • Fireplace Features: Family Room, Recreation Room
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 8
  • Main Level Bedrooms: 8
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Basement: Slab
  • LivingArea: 4000.0
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Kitchen Features:Center Island: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Family: Yes
  • Fireplace:Rec Room: Yes
  • Appliances:Cook Top: Yes

Exterior Features

  • Construction Materials: HardiPlank Type
  • Fencing: Fenced Back
  • List Price: 1399000.0
  • Lot Features: Recreational, Wooded
  • Other Structures: Guest House
  • Patio and Porch Features: Porch(es)
  • Road Surface Type: Unimproved
  • Roof: Composition, Shingle
  • Water Body Name: Lake Michigan
  • Waterfront Features: Lake
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:HardPlankCement Board: Yes
  • Patio and Porch Features:Porch(es): Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Gravity, Hot Water, Radiant
  • Heating: Yes
  • Laundry Features: Main Level
  • Sewer: Public
  • Utilities: Natural Gas Connected, Cable Connected, High-Speed Internet
  • Water Source: Public

Association/Amenities

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

Schools

  • High School: New Buffalo Senior High School

Lot Info

  • Lot Size Acres: 0.54
  • Lot Size Area: 0.54
  • Lot Dimensions: 75x318x72x344
  • Lot Size Sq Ft: 23522.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 250.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2024
Closed on
Oct 10, 2024
Sold by
Harbor County Cottage Rentals Llc
Bought by
New Buffalo Vacation Cabins Llc
Seller's Agent
Jeffry Kermath
Kermath Realty LLC
Buyer's Agent
Jeffry Kermath
Kermath Realty LLC
List Price
$1,399,000
Sold Price
$1,425,000
Premium/Discount to List
$26,000
1.86%
Current Estimated Value
$1,447,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,856
Avg. Annual Appreciation
1.38%

Purchase Details

Closed on
Jan 10, 2024
Sold by
Hancz Tim
Bought by
Harbor Country Cottage Rentals Llc 16257 Red
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
New Buffalo Vacation Cabins Llc $1,425,000 Chicago Title Of Michigan
Harbor Country Cottage Rentals Llc 16257 Red -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2024 10/11/24 Sold $1,425,000 +1.9% $356 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
09/22/2024 09/22/24 For Sale $1,399,000 -- $350 / Sq Ft
Source: MichRIC

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 $234 $26,600 $0 $0
2024 $150 $35,900 $0 $0
2023 -- $22,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 24050079

MichRIC

APN: 13-0336-0017-13-0