NOT LISTED FOR SALE

46039 Lake View Ave New Buffalo, MI 49117

Estimated Value: $2,015,648 - $2,701,000

4 Beds
5.5 Baths
3,900 Sq Ft
$580/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $1,150,000 $295 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $14,717/month

43 Days on Market

Highlights

  • 60 Feet of Waterfront
  • In Ground Pool
  • Contemporary Architecture
  • New Buffalo Elementary School Rated A
  • Deck
  • Recreation Room

About This Home

As of September 2020

BANK OWNED PROPERTY - SOLD AS IS! Great, what does that mean? In this case, it means a great property (see the pictures) on Lake Michigan that needs some selected work. House is to be repainted and some selected work has also been scheduled. If you ever wanted to live on Lake Michigan in a beautiful home, this is your moment to act! Situated in the heart of the ''Old Section'' of Grand Beach, this 12 years new since built home is large, inviting and has magnificent views! With lots of room, clean lines and endless possibilities, this home is the lakefront opportunity you have been waiting for! If you have ever wanted to live on Lake Michigan, this is it! ALERT-BANK OWNED PROPERTY. OWNER HAS NO KNOWLEDGE OF MATERIAL MATTERS OF PROPERTY. HOUSE SOLD AS IS.

Last Agent to Sell the Property

Karen Larkin-Johnson

Keller Williams Realty SWM License #6506040745 Listed on: 07/02/2020

Co-Listed By

John Larkin

Keller Williams Realty SWM License #6501280276

Last Buyer's Agent

Chad Gradowski

Coldwell Banker Realty License #6502355194

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,586

Year Built

  • Built in 2008

Lot Details

  • 9,278 Sq Ft Lot
  • Lot Dimensions are 60 x 150
  • 60 Feet of Waterfront
  • Sprinkler System

Parking

  • 4 Car Attached Garage
  • Gravel Driveway
  • Paver Block

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,900 Sq Ft Home
  • 3-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Recreation Room
  • Water Views
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • In Ground Pool
  • Water Access
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer Not Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,586

Year Built

Built in 2008

Lot Details

0

Parking

4

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 3
  • Year Built: 2008
  • ResoPropertyType: Residential
  • Architectural Style:Contemporary: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen Island, Pantry
  • Fireplace Features: Gas Log, Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6
  • Basement: Daylight, Full
  • LivingArea: 3900.0
  • Kitchen Features:Center Island: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 1699000.0
  • Patio and Porch Features: Deck
  • Pool Features: In Ground
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Lake Michigan
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Pool:In Ground: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage: Yes
  • Parking Features: Attached
  • General Property Info:Garage Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: None
  • Utilities: Phone Connected, Natural Gas Connected, Cable Connected
  • Water Source: Public

Association/Amenities

  • Water Fea Amenities:View: Yes

Lot Info

  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Dimensions: 60 x 150
  • Lot Size Sq Ft: 9278.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 20586.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2020
Closed on
Sep 15, 2020
Sold by
Synergy Properties Holdigns Llc
Bought by
Sjb Trusts
Seller's Agent
Karen Larkin-Johnson
Keller Williams Realty SWM
Buyer's Agent
Chad Gradowski
Coldwell Banker Realty
List Price
$1,699,000
Sold Price
$1,150,000
Premium/Discount to List
-$549,000
-32.31%
Total Days on Market
43
Current Estimated Value
$2,260,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,110,216
Avg. Annual Appreciation
15.36%
Original Mortgage
$920,000
Outstanding Balance
$822,396
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,437,820

Purchase Details

Closed on
Oct 9, 2018
Sold by
Trainor Thomas D and Trainor Irene R
Bought by
Synergy Property Holdings Llc

Purchase Details

Closed on
Aug 10, 2018
Sold by
Trainor Thomas D and Trainor Irene R
Bought by
Synergy Property Holdins Llc

Purchase Details

Closed on
Jan 1, 2004
Sold by
Mcinerney John F and Mcinerney Elizabeth H
Bought by
Trainor Thomas and Trainor Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Sjb Trusts -- None Available
Sjb Trust -- Carlson Dash Llc
Synergy Property Holdings Llc -- None Listed On Document
Synergy Property Holdins Llc -- None Available
Trainor Thomas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sjb Trust $920,000
Closed Sjb Trusts $920,000
Previous Owner Trainor Irene R $4,813,324
Previous Owner Trainor Thomas D $1,659,000
Previous Owner Trainor Thomas D $5,000,000
Previous Owner Trainor Thomas D $2,400,000
Previous Owner Trainor Thomas $410,000
Previous Owner Trainor Thomas $200,000
Previous Owner Trainor Thomas $1,960,000
Previous Owner Trainor Thomas $1,100,000
Previous Owner Trainor Thomas $975,000
Previous Owner Trainor Thomas $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2020 09/15/20 Sold $1,150,000 -32.3% $295 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
07/02/2020 07/02/20 For Sale $1,699,000 -- $436 / Sq Ft
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 $24,347 $1,274,200 $0 $0
2024 $19,299 $990,000 $0 $0
2023 $18,426 $735,200 $0 $0
2022 $17,601 $580,600 $0 $0
2021 $24,728 $556,400 $207,600 $348,800
2020 $20,126 $547,600 $0 $0
2019 $19,886 $917,600 $463,800 $453,800
2018 $33,952 $724,700 $0 $0
2017 $19,689 $712,500 $0 $0
2016 $18,689 $1,030,400 $0 $0
2015 $18,633 $1,037,200 $0 $0
2014 $10,464 $801,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Karen Larkin-Johnson

    Keller Williams Realty SWM

  • John Larkin

    Seller Co-Listing Agent in 2020

    John Larkin

    Keller Williams Realty SWM

    (312) 981-9996

    61 Total Sales

    John Larkin
    Section Image
  • Chad Gradowski

    Buyer's Agent in 2020

    Chad Gradowski

    Coldwell Banker Realty

    (219) 241-9083

    375 Total Sales

    Chad Gradowski
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20025407

Southwestern Michigan Association of REALTORS®

APN: 11-39-2590-0009-00-3

Michigan Berrien County New Buffalo 49117

46039 Lake View Ave, New Buffalo, MI

This home is located at 46039 Lake View Ave, New Buffalo, MI 49117 since 02 July 2020 and is currently estimated at $2,260,216, approximately $579 per square foot. This property was built in 2008. 46039 Lake View Ave 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.

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