NOT LISTED FOR SALE

600 W Water St Unit 324 New Buffalo, MI 49117

Estimated Value: $603,000 - $897,000

2 Beds
2.5 Baths
1,232 Sq Ft
1 Acres

Last Sold January 05, 2015

Last sale price $337,200 $274 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $4,917/month

483 Days on Market

Highlights

  • Indoor Pool
  • Waterfront
  • Living Room
  • New Buffalo Elementary School Rated A
  • Home Gym
  • Security Service

About This Home

As of January 2015

Marina Grand Resort, high floor, large lock-off unit, with long harbor views. This is a luxury condo/hotel right in the heart of New Buffalo, and the Marina. Fully furnished and appointed, all rooms offer lovely Marina or Lake Views. This unit sleeps 6, and offers a lock-off feature for more flexibility in the rental program. The second bedroom offers a king-sized bed as well. This is a care-free second home, with a great rental history.

Last Agent to Sell the Property

Liz Roch

@properties Christie's International R.E. License #6506045544 Listed on: 08/15/2013

@properties Christie's International R.E.

Last Buyer's Agent

Christopher Crawford

@properties Christie's International R.E. License #6506040045

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,616

Year Built

  • Built in 2005

Lot Details

  • Waterfront

Home Design

  • Composition Roof

Interior Spaces

  • 1,232 Sq Ft Home
  • Gas Log Fireplace
  • Living Room
  • Home Gym

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Pool

  • Indoor Pool
  • In Ground Pool

Utilities

  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include water, sewer

Recreation

  • Water Sports

Additional Features

  • Restaurant
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,616

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Year Built: 2005
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal, Built in Oven, Dishwasher, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Whirlpool Tub
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Slab
  • LivingArea: 1232.0

Exterior Features

  • List Price: 349000.0
  • Pool Features: Indoor, Outdoor/Inground
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Galien River
  • Waterfront Features: All Sports
  • Waterfront: Yes

Garage/Parking

  • Garage: No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Cable Connected, Telephone Line, Public Water, Public Sewer, Broadband

Condo/Co-op/Association

  • Association Amenities: Fitness Center, Restaurant/Bar, Security
  • Association Fee: 700.0
  • Association: Yes

Fee Information

  • Association Fee Includes: Water, Sewer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2013
Closed on
Dec 31, 2014
Sold by
Oselka Ronald P and Oselka Hollis J
Bought by
Duffy Nora M and Nora M Duffy Revocable Living
Seller's Agent
Liz Roch
@properties Christie's International R.E.
Buyer's Agent
Christopher Crawford
@properties Christie's International R.E.
List Price
$349,000
Sold Price
$337,200
Premium/Discount to List
-$11,800
-3.38%
Total Days on Market
483
Current Estimated Value
$733,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$395,969
Avg. Annual Appreciation
7.74%

Purchase Details

Closed on
Jul 15, 2008
Sold by
Opk New Buffalo Llc
Bought by
Oselka Ronald P and Oselka Hollis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.75%
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
Duffy Nora M -- Multiple
Oselka Ronald P -- Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oselka Ronald P $340,000
Previous Owner Opk New Buffalo Llc $5,170,497
Previous Owner Opk New Buffalo Llc $6,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2015 01/05/15 Sold $337,200 -3.4% $274 / Sq Ft
12/11/2014 12/11/14 Pending -- -- --
08/15/2013 08/15/13 For Sale $349,000 -- $283 / 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 $9,616 $441,200 $0 $0
2024 $6,345 $301,100 $0 $0
2023 $6,096 $283,000 $0 $0
2022 $5,806 $266,700 $0 $0
2021 $8,541 $268,900 $43,800 $225,100
2020 $8,435 $273,000 $0 $0
2019 $8,332 $245,900 $77,600 $168,300
2018 $8,208 $245,900 $0 $0
2017 $8,226 $182,000 $0 $0
2016 $8,072 $179,300 $0 $0
2015 $8,050 $168,500 $0 $0
2014 $5,200 $162,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13048799

Southwestern Michigan Association of REALTORS®

APN: 11-62-4200-0053-00-8