NOT LISTED FOR SALE

17667 Penny Ln New Buffalo, MI 49117

Estimated Value: $486,000 - $663,073

0.2 Acre
$2,950,090 Price per Acre
8,674 Sq Ft Lot

Last Sold October 15, 2021

Last sale price $56,500 $27 Per Sq Ft

Est. 944% increase in value since last sale

Current estimated payment $3,911/month

120 Days on Market

About This Lot

As of October 2021

Build your dream home in Summerhill. Close to downtown New Buffalo, Lake Michigan , restaurants , shops , breweries. This charming development has a swimming pool and clubhouse. All public works and utilities in this beautiful lot. Create your dream home in Harbor Country.

Last Agent to Sell the Property

Richard Novacek II

@properties Christie's International R.E. License #6501403580 Listed on: 05/28/2021

@properties Christie's International R.E.

Last Buyer's Agent

Richard Novacek II

@properties Christie's International R.E. License #6501403580 Listed on: 05/28/2021

@properties Christie's International R.E.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $303

Lot Details

  • 8,674 Sq Ft Lot
  • Finished Lot(s)

HOA Fees

  • $25 Monthly HOA Fees

Property Details

Property Type

Land

Est. Annual Taxes

$303

Lot Details

0

HOA Fees

$25 per month

Listing Details

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

Exterior Features

  • List Price: 59000.0
  • Lot Features: Buildable, Wooded
  • Road Surface Type: Paved

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8674.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 303.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Jun 29, 2021
Sold by
Thomas Charles H and Tinajero Mary
Bought by
The Coco2016 Revocable Living Trust
Seller's Agent
Traci Lauricella
RE/MAX Harbor Country @ New Buffalo
Buyer's Agent
Chad Gradowski
Coldwell Banker Realty
List Price
$470,000
Sold Price
$460,000
Premium/Discount to List
-$10,000
-2.13%
Current Estimated Value
$590,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,018
Avg. Annual Appreciation
6.20%

Purchase Details

Listed on
Oct 14, 2020
Closed on
Feb 1, 2021
Sold by
Cummings Robert E and Cummings Patricia L
Bought by
Thomas Charles H and Tinajero Mary
Seller's Agent
Richard Novacek II
@properties Christie's International R.E.
Buyer's Agent
Kurt Hauseman
Lake Homes Realty
List Price
$419,000
Sold Price
$397,500
Premium/Discount to List
-$21,500
-5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.44%

Purchase Details

Listed on
Jan 5, 2018
Closed on
May 18, 2018
Sold by
Schwark Scott P and Schwark Lisa M
Bought by
Cummings Robert E and Cummings Patricia L
Seller's Agent
Kurt Hauseman
Lake Homes Realty
Buyer's Agent
Chad Gradowski
Coldwell Banker Realty
List Price
$329,000
Sold Price
$300,000
Premium/Discount to List
-$29,000
-8.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.94%
Original Mortgage
$240,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2015
Sold by
Sima Louis J and Sima Elizabeth A
Bought by
Schwark Scott P and Schwark Lisa M

Purchase Details

Closed on
Jul 3, 2013
Sold by
Sima Louis J and Sima Ralph A
Bought by
Sima Louis J

Purchase Details

Closed on
Jul 1, 2013
Sold by
Summerhill Cottages Llc
Bought by
Sima Louis J and Sima Ralph A
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
The Coco2016 Revocable Living Trust -- None Available
Thomas Charles H -- Accommodation
Cummings Robert E -- Chicago Title Ins Co
Schwark Scott P $20,000 Attorney
Sima Louis J -- None Available
Sima Louis J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cummings Robert E $240,000
Previous Owner Schwark Scott P $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $56,500 +15.3% $27 / Sq Ft
09/25/2021 09/25/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $49,000 -87.7% $23 / Sq Ft
02/01/2021 02/01/21 Sold $397,500 -5.1% $190 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
10/14/2020 10/14/20 For Sale $419,000 +39.7% $201 / Sq Ft
05/18/2018 05/18/18 Sold $300,000 -8.8% $144 / Sq Ft
03/19/2018 03/19/18 Pending -- -- --
01/05/2018 01/05/18 For Sale $329,000 -- $158 / 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 $8,121 $273,400 $0 $0
2024 $5,209 $260,300 $0 $0
2023 $4,961 $233,200 $0 $0
2022 $4,724 $191,700 $0 $0
2021 $2,980 $147,600 $17,000 $130,600
2020 $2,991 $150,400 $0 $0
2019 $3,206 $158,800 $7,200 $151,600
2018 $1,639 $92,900 $0 $0
2017 $499 $12,500 $0 $0
2016 $285 $7,500 $0 $0
2015 $229 $30,000 $0 $0
2014 $150 $30,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21019688

Southwestern Michigan Association of REALTORS®

APN: 11-13-7350-0004-00-2