NOT LISTED FOR SALE

16430 Timber Ln New Buffalo, MI 49117

Estimated Value: $2,976,557 - $3,644,000

0.78 Acre
$4,153,409 Price per Acre
34,164 Sq Ft Lot

Sale Details

Date Sold: August 31, 2022

Last sale price $2,415,000

Est. 35% increase in value since last sale

Current estimated payment $20,513 / mo

Highlights

  • 110 Feet of Waterfront
  • Wooded Lot
  • Level Lot
  • New Buffalo Elementary School Rated A

About This Lot

As of August 2022

PANORAMIC VIEWS OF LAKE MICHIGAN!!! A unique opportunity to acquire one of the last remaining large lakefront lots in Harbor Country. This lot with 110' of lake frontage is in the prestigious community of Timberlane Estates, in New Buffalo, the ''Hamptons of the Midwest'', and just one hour from Chicago. Enjoy sunsets that are breathtakingly romantic. Buy it now and build your dream home. New stone seawall in September, 2020. All utilities available at street. Minutes to the New Buffalo Harbor, restaurants, shopping and Amtrak.

Last Agent to Sell the Property

Will Schauble

@properties Christie's International R.E. License #6501363479 Listed on: 07/29/2022

@properties Christie's International R.E.

Last Buyer's Agent

Will Schauble

@properties Christie's International R.E. License #6501363479 Listed on: 07/29/2022

@properties Christie's International R.E.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $29,976

Lot Details

  • 34,164 Sq Ft Lot
  • Lot Dimensions are 110 x 316
  • 110 Feet of Waterfront
  • Lake Front
  • Level Lot
  • Wooded Lot

Property Views

  • Water Views

Utilities

  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$29,976

Lot Details

0.78 Acres

Listing Details

  • Property Sub-Type: Unimproved Land
  • Property Type: Land
  • Waterfront Options:Water Access YN: Yes
  • Waterfront Options:Water Frontage3: 110.0
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 2465000.0
  • Lot Features: Buildable, Level, Wooded
  • Road Surface Type: Paved
  • Water Body Name: Lake Michigan
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: None, Cable Available, Electricity Available, Natural Gas Available, Phone Available
  • Water Source: Public Water

Condo/Co-op/Association

  • Association Amenities: Pets Allowed
  • Association: Yes

Lot Info

  • Lot Size Acres: 0.7843
  • Lot Size Area: 0.78
  • Lot Dimensions: 110 x 316
  • Lot Size Sq Ft: 34164.0

Tax Info

  • Tax Annual Amount: 29976.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2022
Closed on
Aug 29, 2022
Sold by
Mumford Phillip D and Mumford Renee
Bought by
Sternberg Erich and Sternberg Katherine
Seller's Agent
Will Schauble
@properties Christie's International R.E.
Buyer's Agent
Will Schauble
@properties Christie's International R.E.
List Price
$2,465,000
Sold Price
$2,415,000
Premium/Discount to List
-$50,000
-2.03%
Current Estimated Value
$3,257,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$842,519
Avg. Annual Appreciation
8.52%

Purchase Details

Listed on
Feb 5, 2014
Closed on
Jul 24, 2014
Sold by
Sippel Ronald and Sippel Maureen
Bought by
Mumford Phillip D and Mumford Renee
Seller's Agent
Will Schauble
@properties Christie's International R.E.
Buyer's Agent
Will Schauble
@properties Christie's International R.E.
List Price
$1,950,000
Sold Price
$1,800,000
Premium/Discount to List
-$150,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.69%

Purchase Details

Closed on
Mar 28, 2007
Sold by
Levy Pamela and Pamela Levy Living Trust
Bought by
Sippel Ronald and Sippel Maureen

Purchase Details

Closed on
Dec 30, 1994

Purchase Details

Closed on
Mar 3, 1994

Purchase Details

Closed on
Dec 14, 1984
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Sternberg Erich -- --
Mumford Phillip D -- Fat
Sippel Ronald -- None Available
-- -- --
-- -- --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2022 08/31/22 Sold $2,415,000 -2.0% --
07/29/2022 07/29/22 Pending -- -- --
07/29/2022 07/29/22 For Sale $2,465,000 +36.9% --
07/24/2014 07/24/14 Sold $1,800,000 -7.7% -- View Prior Sale
07/24/2014 07/24/14 Pending -- -- --
02/05/2014 02/05/14 For Sale $1,950,000 -- --
Source: MichRIC

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 $40,330 $1,870,800 $0 $0
2024 $25,868 $1,075,700 $0 $0
2023 $21,461 $870,800 $0 $0
2022 $19,888 $912,600 $0 $0
2021 $29,976 $781,200 $781,200 $0
2020 $31,833 $836,200 $0 $0
2019 $33,387 $870,100 $870,100 $0
2018 $35,526 $907,500 $0 $0
2017 $36,209 $907,500 $0 $0
2016 $34,445 $907,500 $0 $0
2015 $34,351 $907,500 $0 $0
2014 $20,654 $946,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 22032323

MichRIC

APN: 11-13-7710-0061-00-2

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