NOT LISTED FOR SALE

600 W Water St Unit 144/5 New Buffalo, MI 49117

Estimated Value: $824,291

2 Beds
2.5 Baths
1,103 Sq Ft
1 Acres

Last Sold September 04, 2015

Last sale price $385,000 $349 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $5,326/month

77 Days on Market

Highlights

  • 37 Feet of Waterfront
  • Fitness Center
  • Cape Cod Architecture
  • New Buffalo Elementary School Rated A
  • Indoor Pool
  • Deck

About This Home

As of September 2015

Marina Grand Resort - Luxury Year Round Resort Living. Fully furnished, Marina Views with Outdoor Balconies to feel the breezes off the harbor. The resort complex includes Indoor and Outdoor Pools, Fitness Center, Fine and Casual Dining, All of the Amenities of a 5 Star Hotel. Walk to Beach, Downtown, or Amtrak Station. This is a Condo/Hotel with terrific rental income - If you are looking to generate income year round - while your unit is not in use - this is a great option. Annual Revenue numbers are available on request. Great Location in the complex - Close to Lobby - Pool - Fitness Center - All on 2nd Floor. This is a First Floor Unit - Walk right out to the Marina.

Last Agent to Sell the Property

Andre Priede

Coldwell Banker Realty License #6501338423 Listed on: 06/19/2015

Coldwell Banker Realty

Last Buyer's Agent

Debbie Jacobson

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

@properties Christie's International R.E.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,000

Year Built

  • Built in 2005

Lot Details

  • 1

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,103 Sq Ft Home
  • 3-Story Property
  • Gas Log Fireplace
  • Insulated Windows
  • Home Gym
  • Water Views
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms

Pool

  • Indoor Pool
  • In Ground Pool

Outdoor Features

  • Water Access
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Additional Features

  • Doors are 36 inches wide or more
  • 37 Feet of Waterfront

Listing and Financial Details

  • Reserve Auction

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include electricity, water, trash, snow removal, sewer, lawn/yard care, heat, cable/satellite

Amenities

  • Restaurant
  • Meeting Room

Recreation

  • Fitness Center
  • Community Indoor Pool
  • Recreational Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,000

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • Stories: 3
  • Year Built: 2005
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Accessibility Features: 36 Inch Entrance Door
  • Fireplace Features: Gas Log
  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Slab
  • LivingArea: 1103.0
  • Window Features: Insulated Windows
  • Fireplace:Gas Log: Yes

Exterior Features

  • List Price: 395000.0
  • Lot Features: Recreational
  • Pool Features: Indoor, Outdoor/Inground
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Galien River
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: Yes
  • Exterior Features:Deck(s): Yes

Garage/Parking

  • Garage: No
  • Garage:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Electricity Connected, Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer, Broadband

Condo/Co-op/Association

  • Association Amenities: Cable TV, Fitness Center, Meeting Room, Restaurant/Bar
  • Association Fee: 772.0
  • Association: Yes

Association/Amenities

  • Association Info:Approx Assoc Fee2: 772.0
  • Water Fea Amenities:View: Yes
  • Assoc Amenities:Cable TV: Yes
  • Assoc Amenities:Fitness Center: Yes
  • Assoc Amenities:Pool: Yes
  • Assoc Amenities:RestaurantBar: Yes
  • Assoc Amenities:Indoor Pool: Yes
  • Assoc Amenities:Meeting Room: Yes

Fee Information

  • Association Fee Includes: Electricity, Water, Trash, Snow Removal, Sewer, Lawn/Yard Care, Heat, Cable/Satellite

Lot Info

  • Lot Dimensions: varies
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6000.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2015
Closed on
Sep 3, 2015
Sold by
Bill Deputy Foundation
Bought by
Carstens Shawn R and Carstens Shannon J
Seller's Agent
Andre Priede
Coldwell Banker Realty
Buyer's Agent
Debbie Jacobson
@properties Christie's International R.E.
List Price
$395,000
Sold Price
$385,000
Premium/Discount to List
-$10,000
-2.53%
Total Days on Market
77
Current Estimated Value
$824,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$439,291
Avg. Annual Appreciation
8.11%
Original Mortgage
$269,500
Outstanding Balance
$211,054
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
$613,237

Purchase Details

Closed on
Dec 25, 2009
Sold by
William J Deputy Charitable Lead Annuity
Bought by
Bill Deputy Foundation

Purchase Details

Closed on
Dec 24, 2009
Sold by
Wd Group A Limited Partnership
Bought by
William J Deputy Charitable Lead Annuity

Purchase Details

Closed on
Jul 31, 2008
Sold by
Bill Deputy Foundation
Bought by
Wd Group

Purchase Details

Closed on
Apr 26, 2008
Sold by
Deputy William J
Bought by
Bill Deputy Foundation

Purchase Details

Closed on
Jul 28, 2006
Sold by
Opk New Buffalo Llc
Bought by
Deputy William J
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
Carstens Shawn R -- Attorney
Bill Deputy Foundation -- None Available
William J Deputy Charitable Lead Annuity -- None Available
Wd Group -- None Available
Bill Deputy Foundation -- None Available
Deputy William J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carstens Shawn R $269,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2015 09/04/15 Sold $385,000 -2.5% $349 / Sq Ft
09/04/2015 09/04/15 Pending -- -- --
06/19/2015 06/19/15 For Sale $395,000 -- $358 / 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 $8,381 $233,000 $0 $0
2024 $5,530 $234,700 $0 $0
2023 $5,313 $218,200 $0 $0
2022 $5,060 $203,300 $0 $0
2021 $7,444 $188,300 $43,800 $144,500
2020 $7,352 $190,900 $0 $0
2019 $7,262 $220,500 $77,600 $142,900
2018 $7,154 $220,500 $0 $0
2017 $7,169 $161,800 $0 $0
2016 $7,035 $147,300 $0 $0
2015 $6,465 $137,700 $0 $0
2014 $4,262 $133,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15032265

Southwestern Michigan Association of REALTORS®

APN: 11-62-4200-0001-00-8