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$1,499,000

Beds
12
Baths
5.5
sq ft
4,700

12799 Lubke Rd, New Buffalo, MI 49117

12799 Lubke Rd

New Buffalo Twp, MI 49117

  • Pending
Rare stunning modern farmette offers 2 homes and pool house with 18x26 heated sport pool on 2 acres . The main home is a 2 story vintage farm home modernized into 5 bedroom 2 bath with a glass wall to connect the outdoors, the guest home is a custom 4 bedroom eclectic ranch overlooking the Apple orchard , the pool home is a hip looking place to gather with stunning views of wildlife on rear patio - 9 bedroom 5.5 bath 3 kitchens 4700 ft of custom designed living spaces. Details include custom landscaping and fire pit area with 4 custom patios with 3 hot tubs to maximize time in outdoor space . Create your family compound or invest in a successful STR that earns 200 k + annually. Ideal location is 2 minutes from new buffalo and beach Adjacent 3.5 acre parcel availableTo build your dream home and guest home on priced at 399k. main home completely remodeled winter 2024 guest home and pool home new construction 2024 . All have new plumbing heating and electrical . Guest home and pool home new septic . Pool new 2024 .

Details

Property type

Single Family Residence

Est. home value

$505,501

Lot size

2.00 acres

Price per sq ft

$319

Year built

1947

Annual property taxes

$5,000

Price History

09/13/2024
Realcomp

Realcomp #65024047288

Pending
$1,499,000
09/08/2024
Realcomp

Realcomp #65024047288

Listed
$1,499,000
+212.29%
09/22/2023
Realcomp

Realcomp #69023016712

Sold
$480,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

New Buffalo

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,046,260
Asking price
$1,499,000
Closing costs (~8% of asking)
-$119,920
Est. remaining loan balance
-$332,820
Cash to seller
$1,046,260

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Greenstate Cu

Loan start date

September 2023

Original loan amount

$336,000

Est. remaining balance

$332,820

Interest rate

6.9%

Loan type

New Conventional, 30 year

Seller

Timothy Hancz

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Pending/Under Contract

Tomo last checked: 09/19/2024 at 7:50 PM

Listing updated: 09/13/2024 at 7:41 AM

Listed by: Jeff Kermath, Kermath Realty LLC Phone #: (734) 649-4903

MLS: Realcomp #65024047288

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