NOT LISTED FOR SALE

225 E Buffalo St New Buffalo, MI 49117

-- Bed
-- Bath
-- Sq Ft
8,215 Sq Ft Lot

Sale Details

Date Sold: May 6, 2022

Last sale price $333,000

4 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • High Speed Internet
  • New Buffalo Elementary School Rated A

About This Home

As of May 2022

New Buffalo City multi family will make a great investment. Commercial zoning would allow for short term rentals. Walking distance to shops, restaurants and beaches. Large city lot with ample parking and garage. Home has had many improvements over the years including exterior paint. Four cozy units all have a bedroom and bath. All units have separate heat source, separate electric and water heaters.

Last Agent to Sell the Property

David Hammerschmidt

@properties Christie's International R.E. License #6501284250 Listed on: 02/28/2022

@properties Christie's International R.E.

Last Buyer's Agent

Christine Norland

Jaqua Realtors License #6506047714

Jaqua Realtors

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,679

Year Built

  • Built in 1942

Lot Details

  • 8,215 Sq Ft Lot
  • Lot Dimensions are 53 x 155

Parking

  • 8 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Basement

  • Partial Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Window Unit Heating System
  • Baseboard Heating
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, water

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,679

Year Built

Built in 1942

Lot Details

8,215 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1942
  • General Property Info:Basement: Yes
  • Sewer:Sewer: Public Sewer
  • Util Avail at Street:Util Avail at Street: High Speed Internet, Cable Available, Electricity Available, Natural Gas Available, Public Sewer, Public Water, Storm Sewer, Phone Available
  • Extras:Extras: Sep Electric Meter, Sep Gas Meter
  • Lot Description:Lot Description: Sidewalk
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Basement: Yes

Exterior Features

  • Construction Materials: Brick, Block, Other
  • List Price: 325000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Roofing:Roofing: Composition

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Cooling: Yes
  • Heating: Baseboard, Forced Air, Wall Furnace
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Storm Sewer, Phone Available
  • Water Source: Public Water
  • Heat Source:Heat Source: Electric, Natural Gas
  • Heat Type:Heat Type: Baseboard, Forced Air, Wall Furnace

Lot Info

  • Lot Size Acres: 0.1886
  • Lot Size Area: 0.19
  • Lot Dimensions: 53 x 155
  • Lot Size Sq Ft: 8215.0

Rental Info

  • Owner Pays: Sewer, Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 2679.0
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2022
Closed on
May 16, 2022
Sold by
Bought by
Seller's Agent
David Hammerschmidt
@properties Christie's International R.E.
Buyer's Agent
Christine Norland
Jaqua Realtors
List Price
$325,000
Sold Price
$333,000
Premium/Discount to List
$8,000
2.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,407
Interest Rate
0.035%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 10, 1989

Purchase Details

Closed on
Jun 18, 1987

Purchase Details

Closed on
Oct 30, 1981

Purchase Details

Closed on
Mar 17, 1981

Purchase Details

Closed on
Mar 14, 1981
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$333,000 Chicago Title
-- --
-- --
-- --
$100 --
$31,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $314,407
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/06/2022 05/06/22 Sold $333,000 +2.5% --
03/04/2022 03/04/22 Pending -- -- --
02/28/2022 02/28/22 For Sale $325,000 -- --
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,829 $178,400 $0 $0
2025 $11,170 $172,800 $0 $0
2024 $5,020 $157,600 $0 $0
2023 $2,667 $124,500 $0 $0
2022 $1,279 $118,900 $0 $0
2021 $2,679 $64,200 $6,300 $57,900
2020 $2,646 $64,700 $0 $0
2019 $2,614 $55,900 $15,500 $40,400
2018 $2,575 $55,900 $0 $0
2017 $2,581 $53,500 $0 $0
2016 $2,576 $62,500 $0 $0
2015 $2,569 $59,100 $0 $0
2014 $1,694 $59,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 22005971

MichRIC
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