NOT LISTED FOR SALE

17664 Penny Ln New Buffalo, MI 49117

Estimated Value: $764,000 - $1,259,000

0.2 Acre
$4,623,750 Price per Acre
8,880 Sq Ft Lot

Last Sold November 18, 2020

Last sale price $48,900

Est. 1,791% increase in value since last sale

Current estimated payment $6,011/month

3 Days on Market

Highlights

  • Public Water Access
  • New Buffalo Elementary School Rated A
  • Waterfront

About This Lot

As of November 2020

Gorgeous, Buildable Lot in Summerhill Cottages. This community features a Clubhouse and Pool, low HOA fees and all newer homes. Just a short distance in either direction to Downtown New Buffalo shoppes, restaurants and attractions, Lake Michigan public beach access, Galien River Walk, Township Park, Oselka Park and all things Harbor Country. This is your opportunity to create the design of your dreams.

Last Agent to Sell the Property

Traci Lauricella

RE/MAX Harbor Country @ New Buffalo License #6506046835 Listed on: 10/09/2020

RE/MAX Harbor Country @ New Buffalo

Last Buyer's Agent

James Butski II

Redfin Corporation License #6501418699

Redfin Corporation

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $476

Lot Details

  • 8,880 Sq Ft Lot
  • Waterfront

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Water Sports
  • Public Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$476

Lot Details

0

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 49800.0
  • Lot Features: Wooded
  • Road Surface Type: Paved
  • Topography: {"Level":true}
  • Waterfront Features: All Sports, Public Access 1 Mile or Less
  • Waterfront: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8880.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 476.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2020
Closed on
Nov 17, 2020
Sold by
Berk Brad Ellis
Bought by
Murthy Karna and Murthy Kamaljeet P
Seller's Agent
Traci Lauricella
RE/MAX Harbor Country @ New Buffalo
Buyer's Agent
James Butski II
Redfin Corporation
List Price
$49,800
Sold Price
$48,900
Premium/Discount to List
-$900
-1.81%
Total Days on Market
3
Current Estimated Value
$924,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$875,850
Avg. Annual Appreciation
85.47%

Purchase Details

Closed on
Oct 8, 2015
Sold by
Summerhill Cottages Llc
Bought by
Berk Brad Ellis
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
Murthy Karna $49,800 First American Title Ins Co
Berk Brad Ellis -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murthy Karna $558,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2020 11/18/20 Sold $48,900 -1.8% --
10/12/2020 10/12/20 Pending -- -- --
10/09/2020 10/09/20 For Sale $49,800 -- --
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 $11,778 $331,300 $0 $0
2024 $7,554 $316,400 $0 $0
2023 $519 $222,700 $0 $0
2022 $494 $22,400 $0 $0
2021 $744 $19,400 $19,400 $0
2020 $291 $19,400 $0 $0
2019 $288 $7,500 $7,500 $0
2018 $184 $8,800 $0 $0
2017 $191 $8,800 $0 $0
2016 $174 $8,800 $0 $0
2015 $229 $32,500 $0 $0
2014 $150 $32,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20042585

Southwestern Michigan Association of REALTORS®

APN: 11-13-7350-0058-00-5