NOT LISTED FOR SALE

223 W Merchant St Unit 1 New Buffalo, MI 49117

Estimated Value: $675,000 - $755,888

3 Beds
3.5 Baths
2,022 Sq Ft
$58/mo HOA Fee

Last Sold March 17, 2017

Last sale price $345,000 $171 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $4,756/month

73 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Corner Lot: Yes
  • New Buffalo Elementary School Rated A
  • Wood Flooring
  • 2-minute walk to New Buffalo Beach

About This Home

As of March 2017

Fabulous Townhome in the heart of New Buffalo! This end unit boasts plenty of natural sunlight, open floor plan, attached 2 car garage, large deck for entertaining, and situated on a quiet side street 2 blocks off of North Whittaker. Many upgrades include California closets in all bedrooms! Walk to all that New Buffalo has to offer! One owner home! Love the life you live!

Last Agent to Sell the Property

Debbie Jacobson

@properties Christie's International R.E. License #6501301291 Listed on: 11/18/2016

@properties Christie's International R.E.

Last Buyer's Agent

Sandy Fenderbosch

Coldwell Banker Realty License #6506040710

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,117

Year Built

  • Built in 2008

Lot Details

  • 1

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Composition Roof
  • Shingle Siding

Interior Spaces

  • 2,022 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Low Emissivity Windows
  • Living Room
  • Dining Area
  • Recreation Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Deck
  • Shrub

Community Details

  • Association fees include snow removal, lawn/yard care

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,117

Year Built

Built in 2008

Lot Details

0

HOA Fees

$58 per month

Parking

2

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 3
  • Year Built: 2008
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 132x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 2022.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 3117.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Windows:Low Emissivity Windows: Yes
  • General Property Info:Fireplace: No
  • Substructure:Slab: Yes
  • Additional Items:Ceiling Fans: Yes
  • General Property Info:SqFt Above Grade: 2022.0
  • General Property Info Garage YN: Yes
  • Flooring:Wood Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Slab
  • LivingArea: 2022.0
  • Window Features: Low-Emissivity Windows
  • General Property Info:Stories2: 3.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes

Exterior Features

  • Construction Materials: Shingle Siding, Other
  • List Price: 379900.0
  • Lot Features: Corner Lot
  • Patio and Porch Features: Deck
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Shingle Siding: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Association Fee: 175.0
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 175.0
  • Association Info:Assoc Fee Payable: Quarterly

Fee Information

  • Association Fee Includes: Snow Removal, Lawn/Yard Care

Lot Info

  • Lot Dimensions: 132x132
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3117.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2021
Sold by
Terzich Anna M and Terzich Christopher M
Bought by
Kishikawa Em Ko and Seuring Jennifer
Current Estimated Value
$716,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,500
Outstanding Balance
$328,604
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$409,298

Purchase Details

Closed on
Aug 2, 2017
Sold by
Terzich Christopher T and Terzich Anna M
Bought by
Terzich Anna M and Terzich Christopher M

Purchase Details

Listed on
Nov 18, 2016
Closed on
Mar 17, 2017
Sold by
Peterson Michael E and Peterson Angelia J
Bought by
Terzich Christopher T and Terzich Anna M
Seller's Agent
Debbie Jacobson
@properties Christie's International R.E.
Buyer's Agent
Sandy Fenderbosch
Coldwell Banker Realty
List Price
$379,900
Sold Price
$345,000
Premium/Discount to List
-$34,900
-9.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.41%
Original Mortgage
$276,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 23, 2011
Sold by
Westmerchant Llc
Bought by
Peterson Michael E and Peterson Angelia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 3, 2010
Sold by
Merchant Street Townhomes Inc
Bought by
Chemical Bank

Purchase Details

Closed on
Apr 6, 2007
Sold by
Robinson David J and Robinson Maria G
Bought by
Merchant Street Townhomes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Kishikawa Em Ko -- None Available
Terzich Anna M -- None Available
Terzich Christopher T -- Fat
Peterson Michael E -- Multiple
Chemical Bank $480,000 None Available
Merchant Street Townhomes Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kishikawa Em Ko $360,500
Previous Owner Terzich Christopher M $210,000
Previous Owner Anna M Terzich Revocable Trust $151,572
Previous Owner Terzich Anna M $75,786
Previous Owner Terzich Christopher T $276,000
Previous Owner Peterson Michael E $188,000
Previous Owner Peterson Michael E $172,000
Previous Owner Merchant Street Townhomes Inc $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2017 03/17/17 Sold $345,000 -9.2% $171 / Sq Ft
01/30/2017 01/30/17 Pending -- -- --
11/18/2016 11/18/16 For Sale $379,900 -- $188 / 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 $9,510 $295,000 $0 $0
2024 $6,275 $296,500 $0 $0
2023 $6,029 $279,300 $0 $0
2022 $5,742 $188,200 $0 $0
2021 $8,317 $179,400 $53,100 $126,300
2020 $8,280 $179,400 $0 $0
2019 $8,179 $171,100 $53,100 $118,000
2018 $6,080 $171,100 $0 $0
2017 $3,177 $158,600 $0 $0
2016 $3,099 $156,200 $0 $0
2015 $3,117 $139,600 $0 $0
2014 $2,355 $115,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16057437

Southwestern Michigan Association of REALTORS®

APN: 11-62-4980-0001-00-0