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1501 West Water Street

1501 West Water Street, New Buffalo, MI 49117
Condo in New Buffalo
Sold Oct 15, 1998
$165,000
$225,500 by Quicken Loans Llc
Mortgage Due Aug 01, 2047
Sold Apr 09, 1992
$144,900
1501 West Water Street is a condo located in New Buffalo, New Buffalo. The building was first built in 1986 and is 38 years old.

Interested in learning more about the building? There are many great amenities and features for residents in the building. Separately, the building has a pool! Which is great those who want low-impact workout or those with children! On weekends, residents can enjoy the building's deck and patio space. There are 14 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 154 days Meaning, listings tend to sell at a median of $239 price per square foot. The transaction that took the longest to complete was unit 5, listed on Mar 08, 2020 for $300,000. This particular unit ultimately sold 154 days later for $0. The most recent transaction was for unit 63, sold for $400,000 on Aug 11, 2021. Fun fact, the oldest transaction we have on record took place on Feb 13, 2018. See the full transaction history for 1501 West Water Street below.

New Buffalo, where 1501 West Water Street is located, has a median asking price of $675,000 for condo buildings. Meanwhile, the building itself has a median asking price of $300,000. For interested buyers, that means the building's median asking price is around 0.56% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Wood Exterior
Wood Siding

Parking

Attached Garage
Open Parking
Paved Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Frontage Feet: 10
  • Total Building Area: 1,049
  • Building Area: 1,049
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,049
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WARWICK SHORES CONDOMINIUM
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: UNIT NO 68 WARWICK SHORES REPLAT NO 10 LIBER 16 PAGE 296

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Buffalo Area School District
  • School Tax School District: NEW BUFFALO
  • Census Tract: 011302

Zoning

  • Zoning: SELECTZONI

Geography

  • Assessors Map Reference: 008-3
  • District: 13
  • Parcel: 13-8410-0068-00-3
  • Municipality: NEW BUFFALO TWP
  • Latitude: 41.7912
  • Longitude: -86.7616

    Address

  • Full Address: 1501 W Water St
  • Legal Unit: 68
  • Address - House Number: 1501
  • Street Direction: W
  • Address - Street Name: Water
  • Address - Suffix Type: St
  • State: MI
  • City Name: New Buffalo
  • Carrier Code: C002
  • 4-Digit Zip Code: 2015
  • Zip Code: 49117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,133

    Appraisal Valuation

  • Standard Deviation: 0.1019
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 90
  • Final Value: 432,985
  • High Value: 477,124
  • Low Value: 388,846

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $225,500
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Jul 17, 2020
  • First Open Lien Mortgage Loan Amount: $225,500
  • First Open Lien Mortgage Term: 324
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2047

    Market Valuation

  • Market Total Value: $321,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $160,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 15, 1998
  • Current Sale Recording Date: Oct 15, 1998
  • Current Sale Transaction ID: 1660213904
  • Current Sale Price: $165,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Apr 09, 1992
  • Previous Sale Contract Date: Apr 09, 1992
  • Previous Sale Amount: $144,900
  • Previous Sale Document Type: Deed

About New Buffalo



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1501 West Water Street located in?
The 1501 West Water Street is a condo located in the neighborhood of New Buffalo in New Buffalo, New Buffalo.
What is the average sales price for listings in 1501 West Water Street?
The average sales price for units in 1501 West Water Street is $300,000 , or $239/sqft. currently.

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