NOT LISTED FOR SALE

29 Preserve Way New Buffalo, MI 49117

Estimated Value: $230,000 - $331,000

0.87 Acre
$333,333 Price per Acre
37,897 Sq Ft Lot

Last Sold January 29, 2021

Last sale price $227,500

Est. 27% increase in value since last sale

Current estimated payment $1,789/month

17 Days on Market

Highlights

  • Private Waterfront
  • New Buffalo Elementary School Rated A
  • Public Water Access

About This Lot

As of January 2021

NEW BUFFALO- One of the last premium RIVERFRONT building sites in THE PRESERVE with spectacular unobstructed views & access to the 250+acre Galien River & marshlands. SO private with only 20 property owners! Take a boat or kayak from your back yard down the river to the Harbor and LAKE MICHIGAN! This luxury gated community includes a private club house, outdoor pool, tennis court, basketball court, walking trails, boat/canoe launch and playground overlooking a beautiful pond. Close to everything New Buffalo has to offer and only a short bike to one of the best beaches on LAKE MICHIGAN! Build your waterfront DREAM !! $235,000

Last Agent to Sell the Property

Tom Hemingway

RE/MAX Harbor Country License #6501314597 Listed on: 11/20/2020

RE/MAX Harbor Country

Last Buyer's Agent

Shannon Storino

Lakes & Country Real Estate Inc License #no data

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,297

Lot Details

  • 0.87 Acre Lot
  • Private Waterfront
  • Cleared Lot
  • Finished Lot(s)

Community Details

  • Waterfront Owned by Association
  • Public Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,297

Lot Details

0

Listing Details

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

Exterior Features

  • List Price: 235000.0
  • Lot Features: Buildable, Cleared
  • Road Surface Type: Paved
  • Water Body Name: Galien River
  • Waterfront Features: Assoc Access, Private Frontage, Public Access 1 Mile or Less
  • Waterfront: Yes

Lot Info

  • Lot Size Acres: 0.87
  • Lot Size Area: 0.87
  • Lot Size Sq Ft: 37897.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1296.88
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2020
Closed on
Jan 21, 2021
Sold by
Reinke William T and Reinke Madeleine V
Bought by
Wilkey Philip M and Wilkey Jamie L
Seller's Agent
Tom Hemingway
RE/MAX Harbor Country
Buyer's Agent
Shannon Storino
Lakes & Country Real Estate Inc
List Price
$235,000
Sold Price
$227,500
Premium/Discount to List
-$7,500
-3.19%
Total Days on Market
17
Current Estimated Value
$290,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,500
Avg. Annual Appreciation
5.74%
Original Mortgage
$159,250
Interest Rate
5.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Wilkey Philip M -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Wilkey Philip M $1,107,225
Closed Wilkey Philip M $159,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $227,500 -3.2% --
12/07/2020 12/07/20 Pending -- -- --
11/20/2020 11/20/20 For Sale $235,000 -- --
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 $1,935 $138,700 $0 $0
2024 $1,277 $77,500 $0 $0
2023 $1,227 $40,200 $0 $0
2022 $1,227 $40,200 $0 $0
2021 $1,317 $40,200 $40,200 $0
2020 $1,301 $40,200 $0 $0
2019 $1,285 $103,500 $103,500 $0
2018 $1,517 $103,500 $0 $0
2017 $1,520 $103,500 $0 $0
2016 $1,492 $103,500 $0 $0
2015 $1,488 $103,500 $0 $0
2014 $981 $103,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tom Hemingway

    Seller's Agent in 2021

    Tom Hemingway

    RE/MAX Michigan

    (269) 469-5635

    153 Total Sales

    Tom Hemingway
    Section Image

  • S

    Buyer's Agent in 2021

    Shannon Storino

    Lakes & Country Real Estate Inc

    (269) 657-7653

    63 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20048358

Southwestern Michigan Association of REALTORS®

APN: 11-62-6400-0029-01-1

Michigan Berrien County New Buffalo 49117

29 Preserve Way, New Buffalo, MI

This home is located at 29 Preserve Way, New Buffalo, MI 49117 since 20 November 2020 and is currently estimated at $290,000. 29 Preserve Way is a home located in Berrien County with nearby schools including New Buffalo Elementary School, New Buffalo Middle School, and New Buffalo Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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