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New Buffalo 49117
125-131 S Mayhew Street
$350,000
Land - For Sale

125-131 S Mayhew Street

New Buffalo, MI 49117
bedrooms
Studio
bathrooms
0 Bath
$1,880
Estimated Monthly
1.68%
Cap Rate

About This Property

Build your dream home! Available are two cleared and buildable adjacent vacant lots to be sold together as a package. New Buffalo, and specifically the area around 125-131 S Mayhew, offers a blend of small-town charm paired with recreational opportunities. The area offers a variety of local amenities, including restaurants, boutique shops, and local markets. The downtown area is walkable and charming. New Buffalo is renowned for its beautiful sandy beaches along Lake Michigan, making it ideal for swimming, sunbathing, and water sports. There are plenty of opportunities for hiking, biking, and exploring nature. Nearby state parks and nature preserves offer trails and scenic spots.
Unit Size
-
Days on Market
45 days
Land Size
0.40 acres
Price per sqft
-
Property Type
Land
Property Taxes
$161
HOA Dues
-
Year Built
-

Listed By

Peggy Sayre
Coldwell Banker Realty
Last updated: 2 months ago (MichRIC MLS #24023683)

Price History

Date / Event Date Event Price
May 13, 2024 Listed by Coldwell Banker Realty $350,000
Listed by Coldwell Banker Realty

Property Highlights

Exterior Details

Property Information

Parcel Number: 11-62-0340-0421-11-0
Zoning Description: R-1

Lot Information

Buildable, Cleared
Lot Size Dimensions: 132 x 132
Lot Size Acres: 0.4
Lot Size Square Feet: 17500

Land Information

Land Assessed Value: $0
Financial Details
Tax Assessed Value: $20,985
Tax Year: 2023
Tax Annual Amount: $1,936
Buyer's Agency fee: 2.50%

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 660
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Subdivision: NEW BUFFALO CITY
  • Land Acres: 0.2
  • Standard Land Use Code: Residential-vacant land
  • Legal Description 1: SPLIT/COMBINED ON 01/21/2013 FROM 62-0340-0421-09-4; LOTS 8 BLK 40 VILLAGE PLAT OF NEW BUFFALO

Ownership

  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Nov 08, 2023

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 009-3
  • District: 62
  • Parcel: 62-0340-0421-11-0
  • Block: 40
  • Lot: 8
  • Municipality: NEW BUFFALO CITY
  • Latitude: 41.7905
  • Longitude: -86.7462

    Address

  • Full Address: 125 S Mayhew St
  • Address - House Number: 125
  • Street Direction: S
  • Address - Street Name: Mayhew
  • Address - Suffix Type: St
  • State: MI
  • City Name: New Buffalo
  • Carrier Code: C002
  • 4-Digit Zip Code: 1366
  • Zip Code: 49117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $640
  • Intital Tax Deliquent Year: 2022

    Market Valuation

  • Market Total Value: $58,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,300

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
1 Bath
-
$410,000 Mar 8, 2024
-
$276/mo
Condo
1 Bed
1 Bath
400 ft²
$875/ft²
$349,990 Mar 1, 2024
-
$429/mo
House
3 Beds
3 Baths
1,838 ft²
$177/ft²
$325,000 Jul 1, 2023
-
$218/mo
House
3 Beds
2 Baths
1,708 ft²
$245/ft²
$419,000 May 10, 2024
-
$298/mo
House
2 Beds
1 Bath
757 ft²
$416/ft²
$315,000 Mar 26, 2024
-
$306/mo

About New Buffalo


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Nearby Rentals



Frequently Asked Questions

When was property at 125 South Mayhew Street built and last sold?
The property at 125 South Mayhew Street was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 125 South Mayhew Street is $353,500.
What are some comparable homes to 125 South Mayhew Street?
Homes that are comparable to 125 South Mayhew Street include a commercial property at 427 South Whittaker Street, a condo property at 10 Harbor Isle Drive, a house property at 916 West Michigan Street.

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