NOT LISTED FOR SALE

1162 Bay Dr Tawas City, MI 48763

Estimated Value: $270,829 - $428,000

4 Beds
2.5 Baths
2,380 Sq Ft
$136/Sq Ft Est. Value

Last Sold May 29, 2018

Last sale price $98,000 $41 Per Sq Ft

Est. 229% increase in value since last sale

Current estimated payment $1,920/month

178 Days on Market

Highlights

  • Den
  • Workshop
  • 2 Car Attached Garage
  • Breakfast Area or Nook
  • Fireplace
  • Shed

About This Home

As of May 2018

Spacious home. Walking distance to beach access

Last Agent to Sell the Property

Karen Wiltse

WILTSE REALTY Listed on: 05/19/2017

Last Buyer's Agent

Audrey Dresselhouse

TAWAS SUNSHINE REALTY License #6501399860

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,100

Year Built

  • Built in 1955

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 32 x 20
  • Level Lot
  • The community has rules related to zoning restrictions

Home Design

  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,380 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Den
  • Workshop
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Shed
  • Rain Gutters

Location

  • Property is near a Great Lake

Schools

  • Tawas Area Elementary School
  • Tawas Area Middle School
  • Tawas Area High School

Utilities

  • Natural Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Community Details

  • The Elms Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,100

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story
  • Percent Of Remodel: 20
  • Estimated Year Built: 1955
  • Construction: Frame
  • Qtr Section: SW
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1955
  • Year Renovated: 2012

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Natural Gas Water Heater
  • Interior Amenities: Breakfast Nook, Den/Study, Workshop
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 18x14, On Level: Main Floor
  • Bedroom 2: Dimensions: 12x12, On Level: Main Floor
  • Bedroom 3: Dimensions: 16x15, On Level: Upper Floor
  • Bedroom 4: Dimensions: 10x15, On Level: Upper Floor
  • Total Bathrooms: 2.5
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Dining Room: On Level: Main Floor
  • Family Room: Dimensions: 23x16, On Level: Main Floor
  • Kitchen: Dimensions: 20x18
  • Living Room: Dimensions: 12x22, On Level: Main Floor
  • Other Room: Dimensions: 12x8
  • Range: R 7E
  • Total Finished Sf Apx: 2380

Exterior Features

  • Additional Buildings: Garden/Storage Shed, Workshop
  • Exterior Features: Gutters
  • Exterior Finish: Vinyl
  • Foundation: Crawl Space
  • Number Of Acres: 0.34
  • Road: Shared
  • Roof: Asphalt
  • Water Features: Great Lake

Garage/Parking

  • Driveway: Concrete
  • Garage Capacity: 2
  • Primary Garage: Attached, Door Opener

Utilities

  • Fireplaces And Stoves: Fireplace(s)
  • Heating Cooling Types: Hot Water
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Dish TV
  • Water: Municipal

Association/Amenities

  • Development Name: The Elms

Lot Info

  • Lot Number: 29 30
  • Land Features: Level
  • Lot Dimensions: 32 x 20
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

Tax Info

  • Summer Taxes: 1900
  • Total Taxes: 2100
  • Winter Taxes: 200

MLS Schools

  • Elementary School: Tawas Area Elementary School
  • HighSchool: Tawas Area High School
  • School District: Tawas Area Schools
  • Middle School: Tawas Area Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2017
Closed on
May 29, 2018
Sold by
Ross Steven E and Ross Katherine M
Bought by
Reyes Cathy
Seller's Agent
Karen Wiltse
WILTSE REALTY
Buyer's Agent
Audrey Dresselhouse
TAWAS SUNSHINE REALTY
List Price
$139,900
Sold Price
$98,000
Premium/Discount to List
-$41,900
-29.95%
Current Estimated Value
$322,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,707
Avg. Annual Appreciation
17.07%
Original Mortgage
$93,100
Outstanding Balance
$80,516
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$242,191
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Reyes Cathy $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes Cathy $93,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2018 05/29/18 Sold $98,000 -29.9% $41 / Sq Ft
11/13/2017 11/13/17 Pending -- -- --
05/19/2017 05/19/17 For Sale $139,900 -- $59 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

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 $2,693 $122,000 $122,000 $0
2024 $2,458 $106,600 $0 $0
2023 $2,055 $88,800 $88,800 $0
2022 $2,287 $75,800 $75,800 $0
2021 $2,194 $72,700 $72,700 $0
2020 $2,145 $66,300 $66,300 $0
2019 $2,108 $59,600 $59,600 $0
2018 $888 $57,800 $57,800 $0
2017 $2,741 $52,800 $52,800 $0
2016 $2,658 $52,800 $0 $0
2015 -- $52,900 $0 $0
2014 -- $50,700 $0 $0
2013 -- $51,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Karen Wiltse

    WILTSE REALTY

    (989) 254-7371

    84 Total Sales

    Karen Wiltse
    Section Image

  • A

    Buyer's Agent in 2018

    Audrey Dresselhouse

    TAWAS SUNSHINE REALTY

    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1832451

Northern Great Lakes REALTORS® MLS

APN: 132-T30-000-029-00

Michigan Iosco County Tawas City 48763

1162 Bay Dr, Tawas City, MI

Not Listed for Sale

Detached

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Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

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