NOT LISTED FOR SALE

25 Preserve Way Unit 25 New Buffalo, MI 49117

Estimated Value: $1,943,000 - $2,704,000

5 Beds
7 Baths
6,768 Sq Ft
$336/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $1,525,000 $225 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $15,179/month

Highlights

  • Private Waterfront
  • Docks
  • Fireplace in Primary Bedroom
  • New Buffalo Elementary School Rated A
  • Clubhouse
  • Deck

About This Home

As of December 2020

Spectacular year-round water views where Mother Nature puts on a new show every day! This beautifully designed Galien Riverfront property with a private boat dock offers over 6700 square feet of living space including 5 bedrooms, 4 full and 3 half baths. Quality construction throughout is evidenced in the refined luxury finishes and the impressive attention to detail in all aspects of how the home was built. From every room in the house numerous windows and doors bring the outdoor views inside, making this home feel like a true Harbor Country retreat. A two-story stone fireplace anchors the main level living room that flows comfortably to a stunning kitchen with granite counters and top of the line appliances. There is a formal dining room plus a library office next to a convenient half bath. Just off the kitchen there is a neat and tidy service area that works perfectly as a kitchen computer station, mudroom and laundry next to another a half bath. A main level primary bedroom suite includes a fireplace, steam shower and two walk-in closets. The upper level of the home is accessed by two staircases. Upstairs there is a loft seating area and 3 guest bedrooms (2 of which have ensuite baths). The lower level includes a wonderful family room with fireplace, wet bar, a very special guest bedroom with ensuite bath, a large bonus room for home theater and games, a fitness room, a second laundry room for the home and another half bath. There is a three-car attached garage, terraced yard with a firepit overlooking the Galien River marsh. The Preserve is a very well run gated residential community with pool, tennis, paddle sports launch just minutes from New Buffalo's beach, shops and restaurants.

Last Agent to Sell the Property

Rob Gow

Berkshire Hathaway HomeServices Chicago License #6501365132 Listed on: 12/04/2020

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Rob Gow

Berkshire Hathaway HomeServices Chicago License #6501365132 Listed on: 12/04/2020

Berkshire Hathaway HomeServices Chicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,666

Year Built

  • Built in 2004

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 100x105x119x162
  • Private Waterfront
  • 119 Feet of Waterfront
  • Property fronts a private road
  • Shrub
  • Terraced Lot
  • Wooded Lot

HOA Fees

  • $533 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick or Stone Mason
  • Composition Roof
  • Metal Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 6,768 Sq Ft Home
  • 3-Story Property
  • Built-In Desk
  • Ceiling Fan
  • Mud Room
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Recreation Room
  • Wood Flooring
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Water Access
  • No Wake Zone
  • Docks
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include snow removal

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,666

Year Built

Built in 2004

Lot Details

0

HOA Fees

$533 per month

Parking

3

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 3
  • Year Built: 2004
  • ResoPropertyType: Residential
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Microwave: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Kitchen Island, Eat-in Kitchen, Pantry
  • Fireplace Features: Family Room, Living Room, Primary Bedroom
  • Fireplace: Yes
  • Fireplaces: 3
  • Total Bedrooms: 5
  • Main Level Bedrooms: 1
  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Total Bathrooms: 7
  • Basement: Daylight, Full, Walk-Out Access
  • LivingArea: 6768.0
  • 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
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Family: Yes
  • Fireplace:Primary Bedroom: Yes
  • Kitchen Features:Desk Built-In: Yes
  • Appliances:Cook Top: Yes

Exterior Features

  • Construction Materials: Stone, Wood Siding
  • List Price: 1525000.0
  • Lot Features: Wooded
  • Patio and Porch Features: Deck, Patio
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Roof: Composition, Metal
  • Water Body Name: Galien River
  • Waterfront Features: River
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • General Property Info:Garage Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Playground, Pool, Tennis Court(s), Other
  • Association Fee: 1600.0
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 1600.0
  • Water Fea Amenities:Private Frontage: Yes
  • Association Info:Assoc Fee Payable: Quarterly
  • Water Fea Amenities:View: Yes
  • Water Fea Amenities:No Wake: Yes
  • Assoc Amenities:Playground: Yes
  • Water Fea Amenities:Dock: Yes
  • Assoc Amenities:Club House: Yes
  • Assoc Amenities:Pool: Yes
  • Assoc Amenities:Tennis Court(s)2: Yes

Fee Information

  • Association Fee Includes: Other, Snow Removal

Lot Info

  • Lot Size Acres: 0.31
  • Lot Size Area: 0.31
  • Lot Dimensions: 100x105x119x162
  • Lot Size Sq Ft: 13506.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 13666.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2020
Closed on
Nov 30, 2020
Sold by
Mccully Michael and Gibbs Carolyn
Bought by
Connelly Vincnet J and The Vincent J Connelly Jr Trus
Seller's Agent
Rob Gow
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Rob Gow
Berkshire Hathaway HomeServices Chicago
List Price
$1,525,000
Sold Price
$1,525,000
Total Days on Market
0
Current Estimated Value
$2,271,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$746,893
Avg. Annual Appreciation
9.24%

Purchase Details

Listed on
Sep 3, 2015
Closed on
Feb 5, 2016
Sold by
Phelps Abigail D
Bought by
Mccully Michael and Gibbs Carolyn
Seller's Agent
Donna Iwamoto
Coldwell Banker Realty
Buyer's Agent
Tom Hemingway
RE/MAX Harbor Country
List Price
$1,695,000
Sold Price
$1,300,000
Premium/Discount to List
-$395,000
-23.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.37%

Purchase Details

Closed on
Feb 17, 2011
Sold by
Phelps Mason and Phelps Abigail
Bought by
Phelps Abigail D and Abigail D Phelps Revocable Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2011
Sold by
Fey Keith
Bought by
Phelps Mason and Phelps Abigail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2008
Sold by
Fey Keith
Bought by
The Preserve On The Galien Condominium A
Source: Public Records

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Range of Values:

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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
Connelly Vincnet J -- None Available
Mccully Michael $1,300,000 Attorney
Phelps Abigail D -- None Available
Phelps Mason -- Cti
The Preserve On The Galien Condominium A $37,943 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phelps Mason $417,000
Previous Owner Fey Keith $250,000
Previous Owner Gaza Donald W $310,000
Previous Owner Gaza Donald W $225,000
Previous Owner Gaza Donald W $50,000
Previous Owner Gaza Donald W $411,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2020 12/04/20 Sold $1,525,000 0.0% $225 / Sq Ft
12/04/2020 12/04/20 Pending -- -- --
12/04/2020 12/04/20 For Sale $1,525,000 +17.3% $225 / Sq Ft
02/10/2016 02/10/16 Sold $1,300,000 -23.3% $192 / Sq Ft
12/07/2015 12/07/15 Pending -- -- --
09/03/2015 09/03/15 For Sale $1,695,000 -- $250 / 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 $22,714 $1,175,200 $0 $0
2024 $17,374 $1,446,700 $0 $0
2023 $16,756 $796,600 $0 $0
2022 $15,959 $745,000 $0 $0
2021 $28,043 $752,400 $40,200 $712,200
2020 $17,819 $630,700 $0 $0
2019 $17,767 $620,400 $103,500 $516,900
2018 $18,236 $620,400 $0 $0
2017 $18,870 $627,800 $0 $0
2016 $19,681 $617,100 $0 $0
2015 $24,240 $628,800 $0 $0
2014 $15,980 $593,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20049549

Southwestern Michigan Association of REALTORS®

APN: 11-62-6400-0025-01-6