NOT LISTED FOR SALE

2525 Terpening Rd Harbor Springs, MI 49740

Estimated Value: $326,000 - $377,000

4 Beds
2 Baths
1,152 Sq Ft
$309/Sq Ft Est. Value

Last Sold July 02, 2015

Last sale price $120,500 $105 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $2,013/month

Highlights

  • Thermal Windows
  • Living Room
  • Family Room Downstairs
  • Harbor Springs High School Rated 9+
  • Dining Room

About This Home

As of July 2015

Move in condition, nestled on 4 acres. Many new upgrades, newer furnace, pellet stove, appliances, some new flooring. Nice setting.

Last Agent to Sell the Property

Carol Fay

Coldwell Banker Schmidt - Petoskey Listed on: 04/15/2015

Coldwell Banker Schmidt - Petoskey

Last Buyer's Agent

Heidi Kresnak

Graham Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,771

Year Built

  • Built in 1975

Lot Details

  • 4 Acre Lot
  • Property is zoned FF

Home Design

  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 1,152 Sq Ft Home
  • Thermal Windows
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Second Floor Utility Room
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Propane
  • Well
  • Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 06-12-17-300-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,771

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1975
  • Section: 17
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1975

Interior Features

  • Features: Built In Microwave, Dishwasher, Range, Refrigerator
  • Total Finished Sq Ft: 1152
  • Master Bedroom: Dimensions: 13.4 x 10.3, On Level: Upper
  • Bedroom 2: Dimensions: 10.7 x 9.3, On Level: Upper
  • Bedroom 3: Dimensions: 11.6 x 9.3, On Level: Upper
  • Bedroom 4: Dimensions: 11.6 x 10, On Level: Lower
  • Basement: Walkout, Finished
  • Dining Room: Dimensions: 11.4 x 12.3, On Level: Upper
  • Kitchen: Dimensions: 11.4 x 10, On Level: Upper
  • Family Room: Dimensions: 18.6 x 23.8, On Level: Lower
  • Living Room: Dimensions: 18.6 x 13.2, On Level: Upper
  • Above Grade Finished Sq Ft: 850
  • Bathroom 1: Dimensions: Full, On Level: Upper
  • Bathroom 2: Dimensions: Full, On Level: Lower
  • Number Of Bedrooms: 4
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Thermo

Exterior Features

  • Construction: Wood Frame/Site Built
  • Roof: Metal
  • Waterfront Water Access: Neither

Utilities

  • Heat Type: LP Gas
  • Sewer: Septic
  • Water: Well
  • Water Heater: 40 Gal

Lot Info

  • Estimated Number of Acres: 4
  • Zoning: FF

Tax Info

  • Assessor Parcel Number: 06-12-17-300-015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2015
Closed on
Jul 2, 2015
Sold by
Lambert Barry D and Lambert Angela
Bought by
Mathews Thomas C and Mathews Ray
Seller's Agent
Carol Fay
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Heidi Kresnak
Graham Real Estate
List Price
$129,900
Sold Price
$120,500
Premium/Discount to List
-$9,400
-7.24%
Current Estimated Value
$356,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,848
Avg. Annual Appreciation
11.07%
Original Mortgage
$118,309
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 15, 2015
Closed on
May 5, 2015
Sold by
Mathews Ray
Bought by
Mathews Thomas C
Seller's Agent
Carol Fay
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Heidi Kresnak
Graham Real Estate
List Price
$129,900
Sold Price
$120,500
Premium/Discount to List
-$9,400
-7.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,309
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 19, 2009
Sold by
Us Bank Na
Bought by
Lambert Barry D and Lambert Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,350
Interest Rate
5.32%

Purchase Details

Closed on
May 12, 2008
Sold by
Mers Inc
Bought by
Us Bank Na and Harborview 2006-1 Trust Fund

Purchase Details

Closed on
Feb 28, 2008
Sold by
Watts Tl
Bought by
Mers Inc

Purchase Details

Closed on
Feb 24, 2005
Sold by
Donigan Kenneth and Donigan Theresa
Bought by
Brazie Dennis and Brazie Doris

Purchase Details

Closed on
Jul 8, 1992
Bought by
Donigan
Source: Public Records

Range of Values:

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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
Mathews Thomas C $120,500 Devon Title Agency
Mathews Thomas C -- --
Lambert Barry D $39,600 --
Us Bank Na -- --
Mers Inc $148,050 --
Brazie Dennis $60,000 --
Donigan $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mathews Thomas C $118,309
Previous Owner Mathews Thomas C $116,450
Previous Owner Lambert Barry D $26,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2015 07/02/15 Sold $120,500 -7.2% $105 / Sq Ft
05/20/2015 05/20/15 Pending -- -- --
04/15/2015 04/15/15 For Sale $129,900 -- $113 / Sq Ft
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 $1,771 $130,600 $0 $130,600
2024 $1,771 $114,000 $0 $114,000
2023 $1,498 $83,100 $0 $83,100
2022 $1,498 $73,500 $0 $73,500
2021 $1,444 $72,100 $0 $72,100
2020 $1,420 $63,700 $0 $63,700
2019 -- $65,800 $11,300 $54,500
2018 -- $64,400 $11,300 $53,100
2017 -- $60,500 $11,300 $49,200
2016 -- $50,700 $11,300 $39,400
2015 -- $48,000 $0 $0
2014 -- $45,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carol Fay

    Seller's Agent in 2015

    Carol Fay

    Coldwell Banker Schmidt - Petoskey

    (231) 330-0876

    68 Total Sales

    Carol Fay
    Section Image
  • Heidi Kresnak

    Buyer's Agent in 2015

    Heidi Kresnak

    Graham Real Estate

    (231) 838-1977

    97 Total Sales

    Heidi Kresnak
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 443914

Northern Michigan MLS

APN: 06-12-17-300-015

Michigan Emmet County Harbor Springs 49740

2525 Terpening Rd, Harbor Springs, MI

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