NOT LISTED FOR SALE

48105 Walnut Ave New Buffalo, MI 49117

Estimated Value: $699,000 - $857,000

5 Beds
1.5 Baths
2,500 Sq Ft
$316/Sq Ft Est. Value

Last Sold February 03, 2017

Last sale price $373,500 $149 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $5,037/month

122 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Recreation Room
  • Screened Porch
  • New Buffalo Elementary School Rated A
  • Wood Flooring
  • Tennis Courts

About This Home

As of February 2017

Ideal Grand Beach Home... 1 block to the beach and Lake Michigan - Sold Turn-Key. Recently updated ranch style home offering charm and a relaxed style. Nice floor plan with hardwood floors, living room with fireplace, updated bathroom and 5 bedrooms. Finished basement offers a large family room plus two bedrooms. The focal point of this home is the wonderful 15x14 screened in porch. Will sleep 12 with good rental history. Grand Beach is a golf cart community offering tennis, golf, community center and Great Beaches.

Last Agent to Sell the Property

Mark Wortman

@properties Christie's International R.E. License #6506044879 Listed on: 09/02/2016

@properties Christie's International R.E.

Last Buyer's Agent

John Larkin

Keller Williams Realty SWM License #6501280276

Keller Williams Realty SWM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,912

Year Built

  • Built in 1962

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 100x100
  • Shrub
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Dining Area
  • Recreation Room
  • Screened Porch
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • 2 Bedrooms in Basement

Outdoor Features

  • Deeded Waterfront Access Rights

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic System
  • Cable TV Available

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,912

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1962
  • ResoPropertyType: Residential
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Microwave: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • Flooring: Wood
  • Interior Amenities: Garage Door Opener, Eat-in Kitchen
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 2500.0
  • Window Features: Window Treatments
  • Basement Rooms:Basement Bedrooms: 2
  • Basement Rooms:Basement Finished SQFT: 1200.0
  • Basement Rooms:Total Basement SQFT: 1300.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Wood Burning: Yes
  • Below Grade Sq Ft: 1200.0

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Scrn Porch
  • List Price: 410000.0
  • Lot Features: Level
  • Patio and Porch Features: Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Lake Michigan
  • Waterfront Features: Lake
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Features:Scrn Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Playground, Tennis Court(s)
  • Association: Yes

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:Deeded Access: Yes
  • Water Fea Amenities:Assoc Access: Yes
  • Assoc Amenities:Playground: Yes
  • Assoc Amenities:Tennis Court(s)2: Yes

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Dimensions: 100x100
  • Lot Size Sq Ft: 10000.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6912.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2016
Closed on
Feb 1, 2017
Sold by
Gilleo Christopher J and Gilleo Kimberly A
Bought by
Arpaia Anne Marie and Arpaia James L
Seller's Agent
Mark Wortman
@properties Christie's International R.E.
Buyer's Agent
John Larkin
Keller Williams Realty SWM
List Price
$419,000
Sold Price
$373,500
Premium/Discount to List
-$45,500
-10.86%
Total Days on Market
122
Current Estimated Value
$790,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,027
Avg. Annual Appreciation
9.42%
Original Mortgage
$336,150
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 15, 2013
Closed on
Mar 12, 2013
Sold by
Mcgurn Thomas P and Mcgurn Stacia
Bought by
Gilleo Christopher J and Gilleo Kimberly A
Seller's Agent
Mark Wortman
Chris Crawford Ltd.
Buyer's Agent
Mark Wortman
@properties Christie's International R.E.
List Price
$362,000
Sold Price
$362,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.81%
Original Mortgage
$325,800
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2010
Sold by
Mcgurn Thomas P and Mcgurn Kelly
Bought by
Mcgurn Thomas P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2008
Sold by
Mcgurn Thomas P
Bought by
Mcgurn Thomas P and Mc Gurn Ii Thomas P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2004
Sold by
Mcgurn Thomas P and Mcgurn Lauren P
Bought by
Mcgurn Lauren P and Lauren P Mcgurn Trust

Purchase Details

Closed on
May 10, 2003
Sold by
Walsh Mary A and The Mary C Thompson Revocable
Bought by
Mcgurn Thomas P and Mcgurn Lauren P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.43%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 21, 1995

Purchase Details

Closed on
Jul 7, 1983
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
Arpaia Anne Marie $373,500 Attorney
Gilleo Christopher J -- Multiple
Mcgurn Thomas P -- Chicago Title Insurance Co
Mcgurn Thomas P -- None Available
Mcgurn Thomas P -- Charter Title Llc
Mcgurn Lauren P -- --
Mcgurn Thomas P -- --
-- -- --
-- $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arpaia Anne Marie $329,500
Closed Arpaia Anne Marie $329,500
Closed Arpaia Anne Marie $336,150
Previous Owner Gilleo Christopher J $325,800
Previous Owner Mcgurn Thomas P $160,000
Previous Owner Mcgurn Thomas P $132,000
Previous Owner Mcgurn Thomas P $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2017 02/03/17 Sold $373,500 -10.9% $149 / Sq Ft
01/02/2017 01/02/17 Pending -- -- --
09/02/2016 09/02/16 For Sale $419,000 +15.7% $168 / Sq Ft
03/15/2013 03/15/13 Sold $362,000 0.0% $145 / Sq Ft
03/15/2013 03/15/13 Pending -- -- --
03/15/2013 03/15/13 For Sale $362,000 -- $145 / 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 $7,189 $242,100 $0 $0
2024 $5,699 $315,600 $0 $0
2023 $5,441 $294,400 $0 $0
2022 $5,197 $196,400 $0 $0
2021 $7,302 $164,300 $25,700 $138,600
2020 $7,278 $166,000 $0 $0
2019 $7,191 $161,800 $54,000 $107,800
2018 $13,325 $176,800 $0 $0
2017 $7,304 $163,600 $0 $0
2016 $6,933 $165,100 $0 $0
2015 $6,912 $166,600 $0 $0
2014 $3,882 $154,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16045850

Southwestern Michigan Association of REALTORS®

APN: 11-39-6750-0033-00-7