NOT LISTED FOR SALE

2245 Bester Rd Harbor Springs, MI 49740

Estimated Value: $394,000 - $890,000

35 Acres
$18,487 Price per Acre
1,524,600 Sq Ft Lot

Last Sold October 16, 2020

Last sale price $450,000

Est. 44% increase in value since last sale

Current estimated payment $3,916/month

Highlights

  • 35 Acre Lot
  • Landscaped with Trees
  • Gentle Sloping Lot
  • Harbor Springs High School Rated 9+

About This Lot

As of October 2020

Unique opportunity to own approximately 35 acres only 2 miles from downtown Harbor Springs. Many possible uses: horse farm, large family retreat, corporate retreat, residential development. There are no other large parcels this close to downtown Harbor Springs.

Last Agent to Sell the Property

Trish Hartwick

Coldwell Banker Schmidt - Petoskey Listed on: 08/19/2019

Coldwell Banker Schmidt - Petoskey

Last Buyer's Agent

Kristin McDonald

Harbor Sotheby's International Rlty - Harbor Sprgs

Harbor Sotheby's International Rlty - Harbor Sprgs

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,832

Lot Details

  • 35 Acre Lot
  • Gentle Sloping Lot
  • Landscaped with Trees
  • Property is zoned LTT R-1

Utilities

  • Well Required
  • Septic Needed
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 08-16-07-400-014

Property Details

Property Type

Land

Est. Annual Taxes

$5,832

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Lots/Land
  • Type 2: Acreage
  • Lvt Date: 08/20/2019
  • Section: 7
  • S E V Yr: 66,800/2019
  • Road Access: Bester or Emmet
  • Road Frontage Feet: 1334
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Features: Electric, Phone, Mixed Trees, Natural Gas, Cable TV

Exterior Features

  • Waterfront Water Access: Neither

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Schools

  • School District: Harbor Springs

Lot Info

  • Estimated Lot Dimensions: 1334x1242 irr
  • Estimated Number of Acres: 35
  • Zoning: LTT R-1
  • Property Description: 35 +/- Acres on corner of Bester and Emmet Heights
  • Deed Restrictions: Township
  • Improvements: Power, natural gas, elect
  • Number Of Acres: 20.01 - 50
  • Percent Wooded: 80
  • Terrain: Gently Rolling

Tax Info

  • Assessor Parcel Number: 08-16-07-400-014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2019
Closed on
Oct 16, 2020
Sold by
Marco Phillip Trust
Bought by
John Lio
Seller's Agent
Trish Hartwick
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Kristin McDonald
Harbor Sotheby's International Rlty - Harbor Sprgs
List Price
$675,000
Sold Price
$450,000
Premium/Discount to List
-$225,000
-33.33%
Current Estimated Value
$647,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,039
Avg. Annual Appreciation
7.53%
Original Mortgage
$337,500
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
John Lio -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed John Lio $337,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2020 10/16/20 Sold $450,000 -9.1% --
06/03/2020 06/03/20 Price Changed $495,000 -26.7% --
08/19/2019 08/19/19 For Sale $675,000 -- --
Source: Northern Michigan 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 $5,832 $365,100 $84,700 $280,400
2024 $5,832 $303,900 $84,700 $219,200
2023 $5,067 $234,000 $61,600 $172,400
2022 $5,067 $131,700 $57,400 $74,300
2021 $3,166 $82,600 $82,600 $0
2020 $1,917 $66,800 $66,800 $0
2019 -- $66,800 $66,800 $0
2018 -- $58,000 $58,000 $0
2017 -- $50,400 $50,400 $0
2016 -- $49,400 $49,400 $0
2015 -- $49,400 $0 $0
2014 -- $67,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 459925

Northern Michigan MLS

APN: 08-16-07-400-014