417 E Merchant St New Buffalo, MI 49117
Estimated Value: $632,000 - $804,000
4
Beds
4
Baths
2,200
Sq Ft
$322/Sq Ft
Est. Value
Highlights
- Water Access
- Traditional Architecture
- Living Room
- New Buffalo Elementary School Rated A
- 2 Fireplaces
- Shed
About This Home
As of June 2021This pristine property has so many options! Located in the heart of the city of NEW BUFFALO and walking distance to everything-Shops, Restaurants, and the BEACH! There are two 2-bedroom 1.5 bath units both with full basements and new HVAC. Beautifully decorated and being sold completely furnished! The current owners use it as a single-family home since the units can be adjoined or locked off. This is the perfect layout to have friends and family visit in their own private space or use one side and have the other as a source of income. The private/deep back yard is perfect to add your own POOL! $524,900
Last Agent to Sell the Property
RE/MAX Harbor Country License #6501314597 Listed on: 03/25/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,032
Year Built
- Built in 1992
Lot Details
- 0.34 Acre Lot
- Lot Dimensions are 60x244
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Wood Siding
Interior Spaces
- 2,200 Sq Ft Home
- 2-Story Property
- 2 Fireplaces
- Living Room
- Dining Area
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
Outdoor Features
- Water Access
- Shed
- Storage Shed
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 25, 2021
Closed on
Jun 8, 2021
Sold by
Bogwill Frederick and Bogwill Joan
Bought by
Sehgal Neeraj and Chaudhry Genious
Seller's Agent
Tom Hemingway
RE/MAX Harbor Country
Buyer's Agent
Pete Rahm
Keller Williams Realty SWM
List Price
$524,900
Sold Price
$508,000
Premium/Discount to List
-$16,900
-3.22%
Total Days on Market
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,052
Avg. Annual Appreciation
8.68%
Original Mortgage
$381,000
Outstanding Balance
$347,939
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$360,113
Purchase Details
Closed on
Mar 23, 2020
Sold by
Bogwill Frederick R and Bogwill Joan C
Bought by
Bogwill Frederick and Bogwill Joan
Similar Homes in New Buffalo, MI
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sehgal Neeraj | -- | None Available | |
| Bogwill Frederick | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chaudhry Genious | $381,000 | |
| Closed | Sehgal Neeraj | $381,000 | |
| Previous Owner | Bogwill Frederick R | $67,958 | |
| Previous Owner | Bogwill Frederick R | $98,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/08/2021 06/08/21 | Sold | $508,000 | -3.2% | $231 / Sq Ft |
| 03/25/2021 03/25/21 | For Sale | $524,900 | -- | $239 / 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 | $11,349 | $335,100 | $0 | $0 |
| 2024 | $7,489 | $270,600 | $0 | $0 |
| 2023 | $7,195 | $276,100 | $0 | $0 |
| 2022 | $6,853 | $224,600 | $0 | $0 |
| 2021 | $3,917 | $155,400 | $22,800 | $132,600 |
| 2020 | $3,869 | $132,000 | $0 | $0 |
| 2019 | $3,822 | $107,200 | $42,600 | $64,600 |
| 2018 | $3,765 | $107,200 | $0 | $0 |
| 2017 | $3,773 | $110,200 | $0 | $0 |
| 2016 | $3,703 | $111,800 | $0 | $0 |
| 2015 | $3,693 | $85,900 | $0 | $0 |
| 2014 | $2,434 | $84,900 | $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
155 Total Sales
-
Pete Rahm
Buyer's Agent in 2021
Pete Rahm
Keller Williams Realty SWM
(269) 469-2911
164 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 21009504
APN: 11-62-1150-0031-01-6
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