NOT LISTED FOR SALE

288 E Lake St Harbor Springs, MI 49740

Estimated Value: $425,000 - $486,000

2 Beds
1 Bath
1,500 Sq Ft
$302/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $283,000 $189 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,966/month

1 Day on Market

Highlights

  • First Floor Utility Room
  • Wood Frame Window
  • Patio
  • Harbor Springs High School Rated 9+
  • 2 Car Detached Garage
  • Living Room

About This Home

As of May 2021

Wonderful location! Conveniently located in walking distance to parks, schools and downtown Harbor Springs for shopping, restaurants, and beaches. This well-maintained home sits on a large in-town corner lot. The home offers 2 bedrooms, a large recently remodeled bathroom, and cozy patio area. Great for family and entertaining. Open concept kitchen/dining, spacious utility area, and a 2 1/2 car garage.

Last Agent to Sell the Property

Kevin Olson

Graham Real Estate Listed on: 04/09/2021

Last Buyer's Agent

Sally Teal

Berkshire Hathaway HomeServices Michigan Real Estate - HS

Berkshire Hathaway HomeServices Michigan Real Estate - HS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,165

Year Built

  • Built in 1940

Lot Details

  • 0.32

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Wood Frame Window
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Partial Basement

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Natural Gas
  • Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • Lot Dimensions are 99x132

Listing and Financial Details

  • Assessor Parcel Number 51-15-13-127-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,165

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1940
  • Lvt Date: 04/09/2021
  • Measurement Source: Agent
  • Section: 13
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Features: Built In Microwave, Cable, Dishwasher, Garbage Disposal, Patio, Range, Refrigerator
  • Total Finished Sq Ft: 1500
  • Master Bedroom: Dimensions: 13’X13', On Level: Main
  • Bedroom 2: Dimensions: 12’X11', On Level: Main
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Total Rooms: 6
  • Basement: Partial
  • Dining Room: Dimensions: 12’X10’5", On Level: Main
  • Kitchen: Dimensions: 12’X12', On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 16’X14’5”, On Level: Main
  • Above Grade Finished Sq Ft: 1500
  • Bathroom 1: Dimensions: 13’X10’5”, On Level: Main
  • Bathroom 2: On Level: N/A
  • Number Of Bedrooms: 2
  • Full Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Wood Sash, Insulated

Exterior Features

  • Construction: Wood Frame/Site Built, One Story
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

  • Garage Carport: Garage-Detached
  • Gar Car Capacity: Two and Half

Utilities

  • Heat Type: Natural Gas, Hot Water Baseboard
  • Sewer: City
  • Water: City
  • Water Heater: 40 Gal

Schools

  • School District: Harbor Springs

Lot Info

  • Estimated Lot Dimensions: 99X132
  • Lot: Y
  • Zoning: RES

Tax Info

  • Assessor Parcel Number: 51-15-13-127-004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
May 21, 2021
Sold by
Testa Heather Owen
Bought by
Fischer John M
Seller's Agent
Kevin Olson
Graham Real Estate
Buyer's Agent
Sally Teal
Berkshire Hathaway HomeServices Michigan Real Estate - HS
List Price
$279,000
Sold Price
$283,000
Premium/Discount to List
$4,000
1.43%
Current Estimated Value
$453,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,513
Avg. Annual Appreciation
11.44%
Original Mortgage
$240,550
Outstanding Balance
$218,262
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$232,055

Purchase Details

Closed on
Jan 28, 2020
Sold by
Owen Marjorie J Life Estate
Bought by
Owen Marjorie J

Purchase Details

Closed on
May 30, 2017
Sold by
Owen Marjorie J
Bought by
Richards Suzanne K and Owen Marjorie J

Purchase Details

Closed on
May 3, 2013
Sold by
Owen Marjorie J
Bought by
Owen Marjorie J and Owen William M

Purchase Details

Closed on
Dec 1, 1988
Bought by
Owen
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
Fischer John M $283,000 --
Owen Marjorie J -- --
Owen Marjorie J -- --
Richards Suzanne K -- None Available
Owen Marjorie J -- --
Owen Marjorie J $52,000 --
Owen $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fischer John M $240,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2021 05/27/21 Sold $283,000 +1.1% $189 / Sq Ft
04/09/2021 04/09/21 Price Changed $279,900 +0.3% $187 / Sq Ft
04/09/2021 04/09/21 For Sale $279,000 -- $186 / 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 $6,165 $227,500 $227,500 $0
2024 $6,165 $191,300 $191,300 $0
2023 $5,430 $150,200 $150,200 $0
2022 $5,430 $125,700 $125,700 $0
2021 $2,126 $120,100 $120,100 $0
2020 $2,102 $107,400 $107,400 $0
2019 $2,834 $101,500 $101,500 $0
2018 -- $85,600 $85,600 $0
2017 -- $84,500 $84,500 $0
2016 -- $71,900 $71,900 $0
2015 -- $71,800 $0 $0
2014 $1,696 $70,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 464686

Northern Michigan MLS

APN: 51-15-13-127-004