NOT LISTED FOR SALE

51315 E Arnold Dr New Buffalo, MI 49117

Estimated Value: $1,572,000 - $2,217,429

1.92 Acres
$1,033,755 Price per Acre
83,635 Sq Ft Lot

Last Sold October 22, 2020

Last sale price $270,000

Est. 635% increase in value since last sale

Current estimated payment $13,029/month

1,254 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Wooded Lot
  • High Speed Internet
  • New Buffalo Elementary School Rated A
  • Corner Lot: Yes

About This Lot

As of October 2020

Great value for a premium wooded, buildable lot in Grand Beach with spectacular views of the Hamburger Mathias Nature Preserve. This 1.9 acre parcel has a dramatic sloping dune and is just a few blocks to the pristine beach on the shores of Lake Michigan. Grand Beach is a beach resort and golf community along the shores of Lake Michigan and is one of the 8 towns in the official region of Harbor Country in Southwest Michigan. Just 60 minutes from Chicago, Grand Beach is a wonderful community for weekend get-a-ways and for full time living. Golf, Beach, Tennis - can you ask for more? Ask us about custom build programs and/or a tour of Grand Beach.

Last Agent to Sell the Property

Rob Gow

Berkshire Hathaway HomeServices Chicago License #6501365132 Listed on: 03/30/2017

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Debbie Jacobson

@properties Christie's International R.E. License #6501301291

@properties Christie's International R.E.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $125

Year Built

  • 2022

Lot Details

  • 1.92 Acre Lot
  • Lot Dimensions are 304 x 303 x 257 x 285
  • Corner Lot: Yes
  • Wooded Lot

Utilities

  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Recreational Area
  • Deeded Waterfront Access Rights

Property Details

Property Type

Land

Est. Annual Taxes

$125

Year Built

2022

Lot Details

0

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • ResoPropertyType: Land
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2022

Exterior Features

  • List Price: 299000.0
  • Lot Features: Buildable, Recreational, Wooded
  • Road Surface Type: Paved
  • Water Body Name: Lake Michigan
  • Waterfront Features: Deeded Access
  • Waterfront: No

Association/Amenities

  • Water Fea Amenities:Deeded Access: Yes

Lot Info

  • Lot Size Acres: 1.92
  • Lot Size Area: 1.92
  • Lot Size Sq Ft: 83548.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 125.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2025
Sold by
Gaba Ron C and Gundavaram Madhu S
Bought by
Madhu S Gundavaram Revocable Trust and Gundavaram
Total Days on Market
1254
Current Estimated Value
$1,984,810

Purchase Details

Listed on
Mar 30, 2017
Closed on
Oct 22, 2020
Sold by
Grand Beach Investments I Llc
Bought by
Gaba Ron C and Gundavaram Madhu S
Seller's Agent
Rob Gow
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Debbie Jacobson
@properties Christie's International R.E.
List Price
$337,000
Sold Price
$270,000
Premium/Discount to List
-$67,000
-19.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.86%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Madhu S Gundavaram Revocable Trust -- None Listed On Document
Madhu S Gundavaram Revocable Trust -- None Listed On Document
Gaba Ron C -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gaba Ron C $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2020 10/22/20 Sold $270,000 -19.9% --
09/04/2020 09/04/20 Pending -- -- --
03/30/2017 03/30/17 For Sale $337,000 -- --
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 $22,644 $728,600 $0 $0
2024 $17,949 $695,100 $0 $0
2023 $10,766 $450,400 $0 $0
2022 $4,973 $162,400 $0 $0
2021 $7,217 $162,400 $162,400 $0
2020 $134 $162,400 $0 $0
2019 $133 $108,100 $108,100 $0
2018 $130 $120,000 $0 $0
2017 $131 $120,000 $0 $0
2016 $125 $120,000 $0 $0
2015 $124 $120,000 $0 $0
2014 $70 $120,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17013026

Southwestern Michigan Association of REALTORS®

APN: 11-39-2660-0001-00-7