NOT LISTED FOR SALE

516 W Mechanic St New Buffalo, MI 49117

Estimated Value: $810,000 - $964,451

4 Beds
3.5 Baths
2,863 Sq Ft
$313/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $745,000 $260 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,051/month

3 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Wood Flooring
  • New Buffalo Elementary School Rated A
  • Living Room with Fireplace
  • Screened Porch

About This Home

As of August 2022

NEW BUFFALO RETREAT: This spacious 4 bed, 3.5 bath turn-key home, close to the beach & downtown is just waiting for you to check in! From the fantastic front porch, perfect for enjoying summer evenings, to the fenced backyard, & main level with warm hardwood floors, tons of living space, living room fireplace, primary bed & bath, & screened porch, this home is a true retreat. Two spacious 2nd floor bedrooms with adjoining bath & large walk-in closets. Tons of space in the lower-level with entertainment room, spacious bedroom, huge bath, & laundry. Detached 2 car garage for all of your beach toys! So close to the shops, restaurants, marina, & Amtrak, you'll feel like you're on vacation year-round. Currently holds a city of New Buffalo short term rental permit. Call and plan your tour today.

Last Agent to Sell the Property

Liz Roch

@properties Christie's International R.E. License #6506045544 Listed on: 07/23/2022

@properties Christie's International R.E.

Last Buyer's Agent

Carly Jones

Engel & Volkers Shoreline License #6506049212

Engel & Volkers Shoreline

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,421

Year Built

  • Built in 2006

Lot Details

  • 8,638 Sq Ft Lot
  • Lot Dimensions are 87x100
  • Shrub
  • Level Lot
  • Sprinkler System
  • Back Yard Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • HardiePlank Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Window Screens
  • Living Room with Fireplace
  • 2 Fireplaces
  • Screened Porch

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • 1 Bedroom in Basement

Outdoor Features

  • Deck

Utilities

  • Humidifier
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,421

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 2006
  • ResoPropertyType: Residential
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Microwave: Yes
  • Architectural Style Cape Cod: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
  • Flooring: Ceramic Tile, Stone, Wood
  • Interior Amenities: Ceiling Fan(s), Humidifier
  • Fireplace Features: Gas Log, Living Room
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Full
  • LivingArea: 2863.0
  • Window Features: Screens, Window Treatments
  • Basement Rooms:Basement Bedrooms: 1
  • Basement Rooms:Basement Full Baths: 1
  • Basement Rooms:Basement Finished SQFT: 950.0
  • Basement Rooms:Total Basement SQFT: 973.0
  • Appliances Range: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Below Grade Sq Ft: 950.0

Exterior Features

  • Construction Materials: HardiPlank Type
  • Exterior Features: Scrn Porch
  • Fencing: Fenced Back
  • List Price: 745000.0
  • Lot Features: Level
  • Patio and Porch Features: Deck
  • Roof: Shingle
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Features:Scrn Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 87x100
  • Lot Size Sq Ft: 8638.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7421.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2022
Closed on
Aug 29, 2022
Sold by
Laura J Harvey Living Trust and Harvey Laura J
Bought by
James Lodolce Living Trust and Dalton
Seller's Agent
Liz Roch
@properties Christie's International R.E.
Buyer's Agent
Carly Jones
Engel & Volkers Shoreline
List Price
$745,000
Sold Price
$745,000
Total Days on Market
3
Views
39
Current Estimated Value
$895,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,113
Avg. Annual Appreciation
6.90%
Original Mortgage
$558,750
Outstanding Balance
$535,780
Interest Rate
4.99%
Mortgage Type
FHA
Estimated Equity
$359,333

Purchase Details

Closed on
Oct 20, 2021
Sold by
Harvey Laura J and Carlson Gregory C
Bought by
Harvey Laura J and The Laura J Harvey Living Triu

Purchase Details

Closed on
Oct 6, 2011
Sold by
Mcelree Adeline and Adeline Mcelree Living Trust
Bought by
Harvey Laura J and Hamilton Jill L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2010
Sold by
Mcelree Michael A and Michael A Mcelree Living Trust
Bought by
Mcelree Adeline and Adeline Mcelree Living Trust

Purchase Details

Closed on
Jun 21, 2006
Sold by
Gierczyk Ghezzi Cottages Llc
Bought by
Mcelree Michael A and Michael A Mcelree Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.25%
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
James Lodolce Living Trust -- None Listed On Document
James Lodolce Living Trust -- --
Harvey Laura J -- None Available
Harvey Laura J -- Meridian Title Corp
Mcelree Adeline -- First American Title Ins Co
Mcelree Michael A $520,000 Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James Lodolce Living Trust $558,750
Closed James Lodolce Living Trust $558,750
Previous Owner Hamilton Jill L $591,000
Previous Owner Harvey Laura J $115,000
Previous Owner Mcelree Michael A $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $745,000 0.0% $260 / Sq Ft
07/23/2022 07/23/22 For Sale $745,000 -- $260 / 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 $15,617 $363,500 $0 $0
2024 $10,304 $364,600 $0 $0
2023 $9,901 $324,500 $0 $0
2022 $5,045 $254,600 $0 $0
2021 $7,421 $240,900 $44,000 $196,900
2020 $7,329 $183,600 $0 $0
2019 $7,239 $154,200 $20,900 $133,300
2018 $7,132 $154,200 $0 $0
2017 $7,147 $155,100 $0 $0
2016 $7,014 $152,300 $0 $0
2015 $6,995 $150,500 $0 $0
2014 $4,611 $144,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22031315

Southwestern Michigan Association of REALTORS®

APN: 11-62-8551-0012-00-5