NOT LISTED FOR SALE

51317 E Arnold Dr New Buffalo, MI 49117

Estimated Value: $1,511,000 - $2,372,328

1.22 Acres
$1,496,811 Price per Acre
53,143 Sq Ft Lot

Last Sold August 15, 2017

Last sale price $299,000

Est. 511% increase in value since last sale

Current estimated payment $10,397/month

54 Days on Market

Highlights

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

About This Lot

As of August 2017

Great value for a premium wooded, buildable lot in Grand Beach with spectacular views of the Hamburger Mathias Nature Preserve. This 1.2 acre parcel 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

Rob Gow

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

Berkshire Hathaway HomeServices Chicago

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $180

Lot Details

  • 1.22 Acre Lot
  • Lot Dimensions are 195 x 254 x 73 x 137 x 303
  • Level Lot
  • 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

$180

Lot Details

0

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: 195 x 254 x 73 x 137 x 303
  • General Property Info:Waterfront3: No
  • Tax Info:Annual Property Tax: 180.0
  • Waterfront Options:Water Access YN: Yes
  • 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 Water: Yes
  • General Property Info:Property Sub-Type2: Lot
  • Util Avail at Street:Telephone: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

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

Association/Amenities

  • Water Fea Amenities:Deeded Access: Yes

Lot Info

  • Lot Size Acres: 1.22
  • Lot Size Area: 1.22
  • Lot Size Sq Ft: 53041.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 180.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2018
Sold by
Christopher Loyd
Bought by
Sullivan Sean M and Sullivan Erin K
Current Estimated Value
$1,826,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2018
Sold by
Loyd Christopher and Schmidt Thomas
Bought by
Sullivan Sean M and Sullivan Erin K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 30, 2017
Closed on
Aug 15, 2017
Sold by
Grand Beach Investmens I Llc
Bought by
Loyd Christopher and Schmidt Thomas
Seller's Agent
Rob Gow
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Rob Gow
Berkshire Hathaway HomeServices Chicago
List Price
$319,000
Sold Price
$299,000
Premium/Discount to List
-$20,000
-6.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.14%
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
Sullivan Sean M -- None Listed On Document
Sullivan Sean M -- First American Title
Loyd Christopher -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Sean M $960,000
Closed Sullivan Sean M $1,000,000
Closed Sullivan Sean M $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2017 08/15/17 Sold $299,000 -6.3% --
05/23/2017 05/23/17 Pending -- -- --
03/30/2017 03/30/17 For Sale $319,000 -- --
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 $8,018 $760,600 $0 $0
2024 $12,064 $746,900 $0 $0
2023 $11,518 $747,300 $0 $0
2022 $11,002 $366,400 $0 $0
2021 $15,457 $347,800 $80,200 $267,600
2020 $15,582 $353,000 $0 $0
2019 $4,804 $108,100 $108,100 $0
2018 $6,072 $120,000 $0 $0
2017 $189 $120,000 $0 $0
2016 $180 $120,000 $0 $0
2015 $179 $120,000 $0 $0
2014 $101 $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: 17013030

Southwestern Michigan Association of REALTORS®

APN: 11-39-2660-0002-01-1