311 E Mechanic St Unit 17 New Buffalo, MI 49117
4
Beds
3.5
Baths
2,598
Sq Ft
4,591
Sq Ft Lot
Highlights
- Newly Remodeled
- Recreation Room
- Wood Flooring
- New Buffalo Elementary School Rated A
- Wooded Lot
- Community Pool
About This Home
As of March 2025Ground Zero New Buffalo! Rare opportunity to own a Merchant St. cottage. This 2,600 sq ft 5 bedroom, 3.5 bath, professionally designed home offers cozy but modern vibe. Walk to everything, 3 blocks to downtown New Buffalo! Beach & shared neighborhood pool walking distance. This is a turn key rental! Home has rental permit in place and generates $125,000 of documented rental income annually. Perfect for family that wants to enjoy and have it pay for itself too! Home features include 2 covered porches, heated lower level floors with polished concrete, hardwood floors throughout and rough sawn shiplap walls everywhere. Home comes furnished as in pictures.
Last Agent to Sell the Property
Kermath Realty LLC License #6502334057 Listed on: 01/17/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,200
Year Built
- Built in 2018 | Newly Remodeled
Lot Details
- 4,591 Sq Ft Lot
- Lot Dimensions are 50x89
- Shrub
- Level Lot
- Wooded Lot
HOA Fees
- $210 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage Door Opener
Home Design
- Cabin
- Composition Roof
- HardiePlank Siding
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Skylights
- Gas Log Fireplace
- Low Emissivity Windows
- Window Screens
- Living Room with Fireplace
- Dining Area
- Recreation Room
- Laundry on lower level
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
- Snack Bar or Counter
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
Basement
- Basement Fills Entire Space Under The House
- 1 Bedroom in Basement
- Natural lighting in basement
Outdoor Features
- Shared Waterfront
- Porch
Schools
- New Buffalo Senior High School
Farming
- Tillable Land
Utilities
- Humidifier
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Tankless Water Heater
- Natural Gas Water Heater
- High Speed Internet
- Phone Available
- Cable TV Available
Community Details
Overview
- Association fees include trash, snow removal
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 17, 2025
Closed on
Mar 6, 2025
Sold by
Harbor Country Cottage Rentals Llc
Bought by
Doyle Stuart D and Doyle Tara J
Seller's Agent
Jeffry Kermath
Kermath Realty LLC
Buyer's Agent
Liz Roch
@properties Christie's International R.E.
List Price
$1,089,000
Sold Price
$1,105,000
Premium/Discount to List
$16,000
1.47%
Total Days on Market
6
Views
14
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-64.20%
Original Mortgage
$868,000
Outstanding Balance
$866,562
Interest Rate
6.96%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$2,998
Purchase Details
Closed on
Jan 10, 2024
Sold by
Hancz Tim
Bought by
Harbor Country Cottage Rentals Llc 311 E Mech
Purchase Details
Closed on
Jul 13, 2018
Sold by
Bartley Llc
Bought by
Hancz Timothy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,100
Interest Rate
4.5%
Mortgage Type
New Conventional
Similar Homes in New Buffalo, MI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $105,000 | Meridian Title Corp |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $868,000 | Credit Line Revolving | |
| Closed | $868,000 | Credit Line Revolving | |
| Previous Owner | $483,650 | New Conventional | |
| Previous Owner | $483,650 | New Conventional | |
| Previous Owner | $483,650 | New Conventional | |
| Previous Owner | $483,650 | New Conventional | |
| Previous Owner | $453,100 | New Conventional | |
| Previous Owner | $453,100 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $172,152 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/06/2025 03/06/25 | Sold | $1,105,000 | +1.5% | $425 / Sq Ft |
| 01/23/2025 01/23/25 | Pending | -- | -- | -- |
| 01/17/2025 01/17/25 | For Sale | $1,089,000 | +58.3% | $419 / Sq Ft |
| 07/31/2019 07/31/19 | Sold | $687,948 | +47.3% | $265 / Sq Ft |
| 06/06/2018 06/06/18 | Pending | -- | -- | -- |
| 05/15/2018 05/15/18 | For Sale | $466,900 | -- | $180 / Sq Ft |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 | $10,077 | $363,900 | $0 | $0 |
| 2024 | $6,649 | $238,100 | $0 | $0 |
| 2023 | $6,389 | $225,200 | $0 | $0 |
| 2022 | $6,084 | $213,600 | $0 | $0 |
| 2021 | $8,950 | $203,200 | $54,600 | $148,600 |
| 2020 | $8,840 | $190,700 | $0 | $0 |
| 2019 | $4,388 | $53,600 | $53,600 | $0 |
| 2018 | $21 | $53,600 | $0 | $0 |
| 2017 | $21 | $53,600 | $0 | $0 |
| 2016 | $21 | $34,900 | $0 | $0 |
| 2015 | $21 | $34,900 | $0 | $0 |
| 2014 | $14 | $34,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jeffry Kermath
Seller's Agent in 2025
Jeffry Kermath
Kermath Realty LLC
(734) 649-4903
681 Total Sales
-
Liz Roch
Buyer's Agent in 2025
Liz Roch
@ Properties
(269) 405-7301
303 Total Sales
-
B
Seller's Agent in 2019
Bert Solski
Coldwell Banker Realty
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 25002077
APN: 11-62-4960-0017-00-0
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