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16500 Timber Ln

New Buffalo, MI 49117

4 bd 3 ba 3,034 sqft Built 1988 Lot 37,026 sqft single_family
Most recent sale
$3,125,000
Apr 5, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 5, 2024 Sold $3,125,000 MichRic
Dec 13, 2023 Listed $3,499,000 MichRic

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $1,181,000 $14,957
2021 $898,000 $14,389
2020 $1,023,700 $13,978
2019 $1,165,100 $13,926
2005 $1,005,800 $10,416

Property facts

Year built
1988
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
3,034 sqft
Lot size
37,026 sqft
ZIP code
49117
City
New Buffalo
Street
Timber Ln
Coordinates
41.82151, -86.71305

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$18,750
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 16500 Timber Ln last sell?
16500 Timber Ln most recently sold on Apr 5, 2024 for $3,125,000.
What is the current tax assessment for 16500 Timber Ln?
The most recent total assessment for 16500 Timber Ln (year 2022) is $1,181,000 with $14,957 in property tax.
How does 16500 Timber Ln's assessment compare to its last sale price?
The current assessment is 62.2% below the last sale price of $3,125,000.
When was 16500 Timber Ln built?
16500 Timber Ln was built in 1988.
How does 16500 Timber Ln compare to others on Timber Ln?
We track 8 other properties on Timber Ln. Browse the list under "Other properties on Timber Ln" to compare beds, baths, and sale history.
What are the property facts for 16500 Timber Ln?
16500 Timber Ln is a 4 bed, 3 bath, 3,034 sqft, 37,026 sqft lot single_family.
Is 16500 Timber Ln a flip candidate?
No — 16500 Timber Ln does not appear in our flips dataset.
Is 16500 Timber Ln a tax-appeal candidate?
No — 16500 Timber Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.1%
Implied 1-yr
+12.5%
2026 Q3
$1.07M
2026 Q4
$1.1M
ZIP 49117 — Median Price History + Forecast

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