NOT LISTED FOR SALE

27 S Smith St New Buffalo, MI 49117

Estimated Value: $293,000 - $470,000

-- Bed
2 Baths
-- Sq Ft
7,920 Sq Ft Lot

Last Sold January 19, 2016

Last sale price $137,000

Est. 173% increase in value since last sale

Current estimated payment $2,295/month

191 Days on Market

Highlights

  • Water Access
  • Brick or Stone Mason
  • Forced Air Heating System
  • New Buffalo Elementary School Rated A
  • Accessible Approach with Ramp
  • 3-minute walk to New Buffalo Parks Department

About This Home

As of January 2016

If you're looking for an investment property, look no further. Both apartments are currently rented. The quaint front cottage is a true Michigan cottage designed in river rock, comes with two bedrooms, one bath and a full basement. New furnace in 2004. The back cottage has one bedroom and one bath. New roof in 2010. Both cottages have their own backyard, separated by a privacy fence. Great location, just steps away from Oink's Ice Cream Shop and within a block or two of downtown New Buffalo.

Last Agent to Sell the Property

Betty Biernacki

Berkshire Hathaway HomeServices Chicago License #6506044291 Listed on: 07/12/2015

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Betty Biernacki

CENTURY 21 1st Team, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,250

Year Built

  • Built in 1950

Lot Details

  • 7,920 Sq Ft Lot
  • Lot Dimensions are 60 x 132

Home Design

  • Brick or Stone Mason
  • Slab Foundation
  • Aluminum Siding
  • Stone

Parking

  • 4 Parking Spaces
  • Unpaved Driveway

Accessible Home Design

  • Accessible Approach with Ramp
  • Accessible Ramps

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Phone Connected
  • Cable TV Available

Additional Features

  • Basement Fills Entire Space Under The House
  • Water Access

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tenant pays for water, trash collection, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,250

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: Ramped Entrance
  • Basement: Basement, Slab

Exterior Features

  • Construction Materials: Aluminum Siding, Stone
  • List Price: 159000.0
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Water Body Name: Lake Michigan
  • Waterfront: No
  • Access Feat:Accessibility Features2: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air, Baseboard, Electric, Natural Gas
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected
  • Water Source: Public

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:Public Access 1 Mile or Less: Yes

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Size Sq Ft: 7920.0
  • Zoning Description: residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Water, Trash Collection, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2250.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2015
Closed on
Jan 15, 2016
Sold by
Ok Development Properties Inc
Bought by
Conrad Jessica
Seller's Agent
Betty Biernacki
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Betty Biernacki
Berkshire Hathaway HomeServices Chicago
List Price
$159,000
Sold Price
$137,000
Premium/Discount to List
-$22,000
-13.84%
Total Days on Market
191
Current Estimated Value
$374,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,660
Avg. Annual Appreciation
11.32%
Original Mortgage
$132,000
Outstanding Balance
$106,063
Interest Rate
3.95%
Mortgage Type
Unknown
Estimated Equity
$268,597

Purchase Details

Closed on
May 13, 1986

Purchase Details

Closed on
Mar 28, 1985

Purchase Details

Closed on
Apr 30, 1984

Purchase Details

Closed on
Feb 20, 1980
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
Conrad Jessica $137,000 Attorney
-- $100 --
-- $22,000 --
-- $24,000 --
-- $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conrad Jessica $132,000
Previous Owner Sexton Thomas R $22,012
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2016 01/19/16 Sold $137,000 -13.8% --
01/19/2016 01/19/16 Pending -- -- --
07/12/2015 07/12/15 For Sale $159,000 -- --
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 $2,302 $147,400 $0 $0
2024 $1,761 $148,200 $0 $0
2023 $1,699 $107,400 $0 $0
2022 $1,618 $99,800 $0 $0
2021 $2,060 $101,200 $22,500 $78,700
2020 $2,037 $85,400 $0 $0
2019 $2,020 $69,100 $21,800 $47,300
2018 $2,039 $69,100 $0 $0
2017 $2,134 $71,000 $0 $0
2016 $1,408 $74,300 $0 $0
2015 $2,267 $61,600 $0 $0
2014 $1,495 $62,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15036948

Southwestern Michigan Association of REALTORS®

APN: 11-62-0340-0308-00-0