NOT LISTED FOR SALE

524 Marquette Dr New Buffalo, MI 49117

Estimated Value: $3,105,000 - $3,349,541

6 Beds
5.5 Baths
3,000 Sq Ft
$1,082/Sq Ft Est. Value

Last Sold August 24, 2020

Last sale price $2,140,000 $713 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $20,318/month

23 Days on Market

Highlights

  • Private Waterfront
  • Spa
  • Living Room
  • New Buffalo Elementary School Rated A
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of August 2020

Feast your eyes on this sensational Lake Michigan Beach House in the beautiful Wolverine Association. This fantastic home has 60 feet of frontage with a low bluff and a large sandy beach. The living room has vaulted ceilings that highlight a large wall of windows framing endless lake views. The home features a light and bright kitchen, stainless steel appliances with quartz countertops, and hardwood floors throughout. Host your family and friends with six bedrooms, five updated bathrooms, three of the bedrooms are ensuite. Additional amenities include two unobstructed lake viewing decks, hot tub, fire pit and flagstone patio with views of the Galien River. A very successful rental history will be furnished upon request. This home is a short walk to shops and restaurants of New Buffalo.

Last Agent to Sell the Property

Liz Roch

@properties Christie's International R.E. License #6506045544 Listed on: 06/05/2020

@properties Christie's International R.E.

Last Buyer's Agent

Tammy Stelling

@properties Christie's International R.E. License #6501303513

@properties Christie's International R.E.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,704

Year Built

  • Built in 1967

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 60x240
  • Private Waterfront
  • 60 Feet of Waterfront

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms | 4 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Water Access

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,704

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 2
  • Year Built: 1967
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 60x240
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 3000.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 31704.0
  • Waterfront Options:Water Access YN: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Water:Public2: Yes
  • Waterfront Options:Water Frontage3: 60.0
  • Substructure:Slab: Yes
  • Water Heater:Natural Gas4: Yes
  • Additional Items:Hot Tub Spa: Yes
  • General Property Info:SqFt Above Grade: 3000.0
  • General Property Info Garage YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer
  • Interior Amenities: Hot Tub Spa, Eat-in Kitchen, Pantry
  • Fireplace: No
  • Total Bedrooms: 6
  • Main Level Bedrooms: 4
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6
  • Basement: Slab
  • LivingArea: 3000.0
  • General Property Info:Stories2: 2.0
  • Kitchen Features:Eating Area: Yes
  • Kitchen Features Pantry: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 2150000.0
  • Roof: Composition
  • Water Body Name: Lake Michigan
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Garage: No

Utilities

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

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:Private Frontage: Yes
  • Water Fea Amenities:Assoc Access: Yes

Lot Info

  • Lot Size Acres: 0.33
  • Lot Size Area: 0.33
  • Lot Dimensions: 60x240
  • Lot Size Sq Ft: 14201.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 31704.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2020
Closed on
Sep 4, 2020
Sold by
Oz Vacations Llc
Bought by
Grady Thomas J and Kmoch Carrie
Seller's Agent
Liz Roch
@properties Christie's International R.E.
Buyer's Agent
Tammy Stelling
@properties Christie's International R.E.
List Price
$2,150,000
Sold Price
$2,140,000
Premium/Discount to List
-$10,000
-0.47%
Current Estimated Value
$3,245,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,105,514
Avg. Annual Appreciation
7.36%
Original Mortgage
$1,000,000
Outstanding Balance
$900,749
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$2,149,105

Purchase Details

Listed on
Jun 5, 2020
Closed on
Aug 24, 2020
Sold by
Oz Vacations Llc
Bought by
Grady Thomas J and Kmoch Carrie
Seller's Agent
Liz Roch
@properties Christie's International R.E.
Buyer's Agent
Tammy Stelling
@properties Christie's International R.E.
List Price
$2,150,000
Sold Price
$2,140,000
Premium/Discount to List
-$10,000
-0.47%

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
Outstanding Balance
$900,749
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$2,149,105

Purchase Details

Closed on
Mar 5, 2015
Sold by
Marquette Keg Llc
Bought by
Oz Vacations Llc

Purchase Details

Closed on
Dec 18, 2012
Sold by
Giffune Joseph William
Bought by
Marquette Keg Llc

Purchase Details

Closed on
Sep 9, 2005
Sold by
Giffune Kathleen M and Giffune Revocable T Kathleen M
Bought by
Giffune Joseph William and Giffune Kathleen

Purchase Details

Closed on
May 25, 2005
Sold by
Giffune Joseph William and Giffune Kathleen
Bought by
Giffune Kathleen M and Giffune Revocable T Kathleen M

Purchase Details

Closed on
May 29, 1995

Purchase Details

Closed on
Oct 10, 1990
Source: Public Records

Range of Values:

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Average Value
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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
Grady Thomas J -- Fat
Oz Vacations Llc -- Stewart Title Cmrcl Svcs
Marquette Keg Llc -- Chicago Title & Trust
Giffune Joseph William -- --
Giffune Kathleen M -- --
-- $290,000 --
-- $100 --
Grady Thomas J -- Fisher Cohen Waldman Shapiro L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grady Thomas J $1,000,000
Closed Grady Thomas J $1,000,000
Previous Owner Marquette Keg Llc $1,000,000
Previous Owner Marquette Keg Llc $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2020 08/24/20 Sold $2,140,000 -0.5% $713 / Sq Ft
06/28/2020 06/28/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $2,150,000 -- $717 / 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 $31,609 $1,250,000 $0 $0
2024 $24,178 $1,143,000 $0 $0
2023 $23,319 $1,088,600 $0 $0
2022 $22,404 $1,055,800 $0 $0
2021 $28,534 $1,012,500 $390,600 $621,900
2020 $32,863 $746,100 $0 $0
2019 $32,461 $678,300 $471,400 $206,900
2018 $32,264 $678,300 $0 $0
2017 $32,878 $681,600 $0 $0
2016 $32,355 $677,400 $0 $0
2015 $31,837 $671,700 $0 $0
2014 $20,989 $655,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20020480

Southwestern Michigan Association of REALTORS®

APN: 11-62-8650-0018-00-1