NOT LISTED FOR SALE

415 E Madison Ave New Buffalo, MI 49117

Estimated Value: $330,000

2.05 Acres
$160,976 Price per Acre
89,298 Sq Ft Lot

Last Sold December 13, 2016

Last sale price $45,000

Est. 633% increase in value since last sale

Current estimated payment $2,039/month

7 Days on Market

Highlights

  • Wooded Lot
  • New Buffalo Elementary School Rated A
  • Corner Lot: Yes

About This Lot

As of December 2016

Great wooded property with 2.05 acres. Wonderful parcel to develop, just under a whole city block. Short walk to the shops and restaurants of downtown New Buffalo, the Marina and the beautiful Lake Michigan Beach.

Last Agent to Sell the Property

Will Schauble

@properties Christie's International R.E. License #6501363479 Listed on: 10/24/2016

@properties Christie's International R.E.

Last Buyer's Agent

Randy Novak

Century 21 Affiliated License #6501298538

Century 21 Affiliated

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $106

Lot Details

  • 2.05 Acre Lot
  • Corner Lot: Yes
  • Level Lot
  • Wooded Lot

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Property Type

Land

Est. Annual Taxes

$106

Lot Details

0

Listing Details

  • Property Sub-Type: Acreage
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: Irregular
  • General Property Info:Waterfront3: No
  • Tax Info:Annual Property Tax: 106.39
  • Lot Description:Wooded: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • General Property Info:Property Sub-Type2: Acreage
  • Lot Description:Corner Lot: Yes
  • Sale Conditions:REOBank Owned2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 47000.0
  • Lot Features: Buildable, Wooded
  • Topography: {"Level":true}
  • Water Body Name: Lake Michigan
  • Waterfront: No

Lot Info

  • Lot Size Acres: 2.05
  • Lot Size Area: 2.05
  • Lot Size Sq Ft: 89298.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 106.39
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2016
Closed on
Dec 12, 2016
Sold by
The Huntington National Bank
Bought by
Kuehn Catherine
Seller's Agent
Will Schauble
@properties Christie's International R.E.
Buyer's Agent
Randy Novak
Century 21 Affiliated
List Price
$47,000
Sold Price
$45,000
Premium/Discount to List
-$2,000
-4.26%
Current Estimated Value
$330,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,000

Purchase Details

Closed on
Jan 19, 2012
Sold by
Barskus Raymond A and Barskus Elizabeth
Bought by
Firstmerit Bank Na
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Kuehn Catherine $45,000 Attorney
Firstmerit Bank Na $184,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2016 12/13/16 Sold $45,000 -4.3% --
10/31/2016 10/31/16 Pending -- -- --
10/24/2016 10/24/16 For Sale $47,000 -- --
Source: MichRIC

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
2020 $5,264 $155,800 $0 $0
2019 $1,754 $143,200 $143,200 $0
2018 $1,083 $143,200 $0 $0
2017 $1,085 $22,500 $0 $0
2016 $107 $152,900 $0 $0
2015 $106 $40,200 $0 $0
2014 $70 $42,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 16054000

MichRIC

APN: 11-62-8200-0283-02-1