NOT LISTED FOR SALE

16516 Westway Dr New Buffalo, MI 49117

Estimated Value: $3,254,760 - $4,353,000

5 Beds
4.5 Baths
5,239 Sq Ft
$717/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $3,110,000 $594 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $25,292/month

1 Day on Market

Highlights

  • Private Waterfront
  • Beach
  • Deck
  • New Buffalo Elementary School Rated A
  • In Ground Pool
  • Contemporary Architecture

About This Home

As of May 2022

This exquisite 5200 sq ft, 5 bedroom, 7 bath home offers the best of Michigan's coastal living. With 100 ft of Lake MI. frontage, Relax and Enjoy the views inside and out! Designed with attention to every detail, the interior boasts incredible views from most rooms, floor to ceiling windows, 12 ft ceilings, wide plank Brazilian cherry flooring, open floor plan, gourmet kitchen, large walk-in pantry, spacious living and dining rooms, first floor master suite with coffered ceilings, 2 walk-in closets and a stunning master bath with marble floors and Kohler fixtures. The 2nd level features 4 bedrooms-each ensuite, one with a balcony, plus a family room with expansive views of the outdoor pool, beautiful grounds, perennials- ready to bloom and those gorgeous lake views. The basement include a billiard & workout room, 2nd family room, plus plenty of storage. Don't miss the opportunity to own this fabulous property and begin creating your lasting memories for years to come!

Last Agent to Sell the Property

Mary Lynn Kormanik

@properties Christie's International R.E. License #6501353247 Listed on: 04/07/2022

@properties Christie's International R.E.

Last Buyer's Agent

Tammy Stelling

@properties Christie's International R.E. License #6501303513

@properties Christie's International R.E.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,857

Year Built

  • Built in 2002

Lot Details

  • 0.9 Acre Lot
  • Lot Dimensions are 100x392x100x299
  • Private Waterfront
  • 100 Feet of Waterfront
  • Shrub
  • Level Lot
  • Wooded Lot
  • Garden

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick or Stone Mason
  • Composition Roof
  • Shingle Siding
  • Stone

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Mud Room
  • Living Room
  • Dining Area
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Water Access
  • Balcony
  • Deck
  • Patio
  • Gazebo
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,857

Year Built

Built in 2002

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Contemporary
  • Stories: 2
  • Year Built: 2002
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 100x392x100x299
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 5239.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 16857.0
  • 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
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Waterfront Options:Water Frontage3: 100.0
  • Util Avail at Street:Cable2: Yes
  • Windows:Insulated Windows: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: No
  • Utilities Attached:Telephone Line: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Utilities Attached:High-Speed Internet: Yes
  • Landscape:Flower Garden: Yes
  • General Property Info:SqFt Above Grade: 4520.0
  • General Property Info Garage YN: No
  • Architectural Style:Contemporary: Yes
  • Flooring:Wood Floor: Yes
  • Flooring Stone Floor: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven, Range, Refrigerator, Washer
  • Flooring: Stone, Wood
  • Interior Amenities: Ceiling Fan(s), Kitchen Island, Eat-in Kitchen, Pantry
  • Fireplace: No
  • Total Bedrooms: 5
  • Main Level Bedrooms: 1
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Basement: Full
  • LivingArea: 5239.0
  • Window Features: Screens, Insulated Windows, Window Treatments
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Half Baths: 1
  • Basement Rooms:Basement Finished SQFT: 719.0
  • Basement Rooms:Total Basement SQFT: 2496.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Center Island: Yes
  • Kitchen Features:Mud Room Access: Yes
  • Kitchen Features Pantry: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Below Grade Sq Ft: 719.0

Exterior Features

  • Construction Materials: Shingle Siding, Stone
  • Exterior Features: Balcony
  • List Price: 2900000.0
  • Lot Features: Level, Wooded
  • Patio and Porch Features: Deck, Patio, Porch(es)
  • Pool Features: In Ground
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Lake Michigan
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Features:Gazebo: Yes
  • Exterior Material:Stone: Yes
  • Exterior Material:Shingle Siding: Yes
  • Exterior Features:Balcony: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): Yes
  • Patio And Porch Features:Patio: Yes
  • Pool:In Ground: Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Available, Cable Available, Phone Connected, Natural Gas Connected, High-Speed Internet
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Beach Area
  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Association Info:Approx Assoc Fee2: 300.0
  • Water Fea Amenities:Private Frontage: Yes
  • Association Info:Assoc Fee Payable: Annually
  • Water Fea Amenities:Assoc Access: Yes
  • Assoc Amenities:Beach Area: Yes

Lot Info

  • Lot Size Acres: 0.9
  • Lot Size Area: 0.9
  • Lot Dimensions: 100x392x100x299
  • Lot Size Sq Ft: 39308.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 16857.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2022
Closed on
May 13, 2022
Sold by
Madden Keith P and Keller Nancy
Bought by
Stoffregen Phillip J and Stoffregen Lisa N
Seller's Agent
Mary Lynn Kormanik
@properties Christie's International R.E.
Buyer's Agent
Tammy Stelling
@properties Christie's International R.E.
List Price
$2,900,000
Sold Price
$3,110,000
Premium/Discount to List
$210,000
7.24%
Current Estimated Value
$3,758,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$648,253
Avg. Annual Appreciation
5.25%

Purchase Details

Closed on
Jun 2, 2000

Purchase Details

Closed on
Nov 24, 1997

Purchase Details

Closed on
Feb 10, 1995

Purchase Details

Closed on
Nov 30, 1988
Source: Public Records

Range of Values:

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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
Stoffregen Phillip J -- Passaro Kahne Taylor Defrances
-- $625,000 --
-- $525,000 --
-- $480,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Madden Keith P $76,600
Previous Owner Madden Keith P $90,000
Previous Owner Madden Keith P $1,198,000
Previous Owner Madden Keith P $1,420,000
Previous Owner Madden Keith P $1,420,000
Previous Owner Madden Keith P $1,500,000
Previous Owner Madden Keith P $150,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $3,110,000 +7.2% $594 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $2,900,000 -- $554 / 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 $63,862 $2,278,100 $0 $0
2024 $40,962 $1,792,500 $0 $0
2023 $36,462 $1,479,500 $0 $0
2022 $13,415 $1,387,500 $0 $0
2021 $16,857 $1,022,500 $639,200 $383,300
2020 $16,375 $1,150,000 $0 $0
2019 $16,315 $1,315,400 $849,600 $465,800
2018 $16,459 $1,220,900 $0 $0
2017 $16,785 $1,225,600 $0 $0
2016 $15,147 $1,203,600 $0 $0
2015 $15,215 $1,207,900 $0 $0
2014 $12,064 $1,157,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22011577

Southwestern Michigan Association of REALTORS®

APN: 11-13-7721-0068-00-2