$399,999
SOLD JUN 3, 2024

28 Preserve Way New Buffalo, MI 49117

0.83 Acre
$481,927 Price per Acre
36,155 Sq Ft Lot

Recently Sold

6% Below List Price

42 Days on Market

Highlights

  • Private Waterfront
  • Clubhouse
  • Community Pool
  • New Buffalo Elementary School Rated A
  • Wooded Lot

About This Lot

As of June 2024

Craft your dream retreat at The Preserve on the Galien River. This expansive lot presents a rare chance to fashion your ideal home amidst breathtaking vistas that promise to inspire each day. With all utilities readily accessible at the street, including city water, association sewer, and the added benefit of abundant association amenities, your vision of a Harbor Country sanctuary is closer than ever. Revel in the tranquility of your own lush surroundings, embark on a kayaking adventure along the Galien River, indulge in birdwatching from the deck of your envisioned haven, or explore the nearby Lake Michigan beaches. Seize the opportunity to explore this exceptional piece of Lake Michigan living.

Last Agent to Sell the Property

Liz Roch

@properties Christie's International R.E. License #6506045544 Listed on: 03/07/2024

@properties Christie's International R.E.

Last Buyer's Agent

Liz Roch

@properties Christie's International R.E. License #6506045544 Listed on: 03/07/2024

@properties Christie's International R.E.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $861

Lot Details

  • 0.83 Acre Lot
  • Private Waterfront
  • 133 Feet of Waterfront
  • Cleared Lot
  • Wooded Lot

HOA Fees

  • $833 Monthly HOA Fees

Property Views

  • Water Views

Community Details

Overview

  • $1,000 HOA Transfer Fee

Amenities

  • Clubhouse

Recreation

  • Waterfront Owned by Association
  • Community Pool
  • Water Sports
  • Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$861

Lot Details

0

HOA Fees

$833 per month

Listing Details

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

Exterior Features

  • List Price: 425000.0
  • Lot Features: Buildable, Cleared, Wooded
  • Water Body Name: Galien River
  • Waterfront Features: All Sports, Assoc Access, Private Frontage
  • Waterfront: Yes

Utilities

  • Utilities: None Connected, Public Water Available, Natural Gas Available, Electric Available

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Pets Allowed
  • Association Fee: 2500.0
  • Association Fee Frequency: Quarterly
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Association Info:Approx Assoc Fee2: 2500.0
  • Association Info:Assoc Buy in Fee: 1000
  • Water Fea Amenities:Private Frontage: Yes
  • Association Info:Assoc Fee Payable: Quarterly
  • Water Fea Amenities:View: Yes
  • Assoc Amenities:Pets Allowed2: Yes
  • Water Fea Amenities:Assoc Access: Yes
  • Assoc Amenities:Club House: Yes
  • Assoc Amenities:Pool2: Yes

Lot Info

  • Lot Size Acres: 0.83
  • Lot Size Area: 0.83
  • Lot Dimensions: irregular
  • Lot Size Sq Ft: 36080.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 861.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
Jun 3, 2024
Sold by
Kishta Ahmed and Kishta Joy
Bought by
Brian R Tegt Revocable Living Trust and Julie H Tegt Revocable Living Trust
Seller's Agent
Liz Roch
@properties Christie's International R.E.
Buyer's Agent
Liz Roch
@properties Christie's International R.E.
List Price
$425,000
Sold Price
$399,999
Premium/Discount to List
-$25,001
-5.88%
Total Days on Market
42
Views
15
Current Estimated Value
$562,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,213
Avg. Annual Appreciation
40.55%
Original Mortgage
$789,325
Outstanding Balance
$781,566
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
-$219,354

Purchase Details

Closed on
Jun 18, 2021
Sold by
Psb Credit Services Inc
Bought by
Kishta Ahmed and Kishta Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
2.2%
Mortgage Type
New Conventional
Source: Public Records

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    Section Image

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- Chicago Title
Deed -- First American Title Ins Co
Deed -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $789,325 New Conventional
Previous Owner $350,000 Credit Line Revolving
Previous Owner $540,000 New Conventional
Previous Owner $54,000 New Conventional
Previous Owner $2,000,000 Future Advance Clause Open End Mortgage
Previous Owner $1,167,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Sold $399,999 -5.9% --
03/07/2024 03/07/24 For Sale $425,000 -- --
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 $1,167 $138,700 $0 $0
2024 $893 $77,500 $0 $0
2023 $861 $40,200 $0 $0
2022 $861 $40,200 $0 $0
2021 $605 $40,200 $40,200 $0
2020 $743 $40,200 $0 $0
2019 $734 $103,500 $103,500 $0
2018 $723 $103,500 $0 $0
2017 $725 $103,500 $0 $0
2016 $711 $103,500 $0 $0
2015 $709 $103,500 $0 $0
2014 $468 $103,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24011157

Southwestern Michigan Association of REALTORS®

APN: 11-62-6400-0028-01-5