NOT LISTED FOR SALE

315 W Lake St Unit 7 Tawas City, MI 48763

Estimated Value: $294,550 - $328,000

2 Beds
2 Baths
1,028 Sq Ft
$307/Sq Ft Est. Value

Last Sold January 17, 2023

Last sale price $230,000 $224 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,482/month

22 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Deck
  • 695 Feet of Waterfront
  • Bay View
  • 1 Car Detached Garage

About This Home

As of January 2023

A rare opportunity in this market to own a slice of Tawas Bay paradise! This 2 bedroom Northbay Pointe condominium awaits new owners who are ready to begin making beachfront memories. This upper level, turnkey property offers central air, all appliances including washer and dryer, an ensuite primary bedroom and spectacular panoramic views of Tawas Bay. Cathedral ceilings complete with skylights make it light and bright inside! Also includes a one car detached garage. Perfect location with shopping, dining, pharmacy, parks and craft shows all just steps away.

Last Agent to Sell the Property

Kimberly Lingo

TARGET REAL ESTATE COMPANY Listed on: 12/01/2022

Co-Listed By

Scott Lingo

TARGET REAL ESTATE COMPANY

Last Buyer's Agent

WENDY CRITTENDEN

CENTURY 21 SIGNATURE REALTY License #6501410035

CENTURY 21 SIGNATURE REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,000

Year Built

  • Built in 1987

Lot Details

  • 695 Feet of Waterfront
  • Sandy Beach
  • Landscaped
  • The community has rules related to zoning restrictions

HOA Fees

  • $303 Monthly HOA Fees

Home Design

  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,028 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Bay Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Shared Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck

Location

  • Property is near a Great Lake

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include exterior maintenance, lawn care, liability insurance, snow removal
  • Northbay Pointe Condominiums Community

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,000

Year Built

Built in 1987

Lot Details

0

HOA Fees

$303 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1 Story
  • Estimated Year Built: 1987
  • Construction: Frame
  • Private Shared: Shared
  • Section Number: 30
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1987

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Trash Compactor, Washer, Dryer, Blinds, Natural Gas Water Heater
  • Interior Amenities: Drywall
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 11x16
  • Total Bathrooms: 2
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 5x11
  • Living Room: Dimensions: 11x17
  • Estimated Above Ground Finished Sq Ft: 1028
  • Price Per Sq Ft: 223.74
  • Range: R 8E
  • Total Finished Sf Apx: 1028

Exterior Features

  • Body Of Water: Lake Huron
  • Exterior Features: Bay View, Deck, Landscaped
  • Exterior Finish: Wood
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Sandy Bottom, Great Lake
  • Waterfront Frontage: 695

Garage/Parking

  • Driveway: Blacktop, Shared
  • Garage Capacity: 1
  • Primary Garage: Detached

Utilities

  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Main Floor
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Lawn Care, Liability Insurance, Snow Removal
  • Condo: Yes
  • Condo Unit Access: Stairway (Outdoor)
  • Condo Unit Level: Second Floor Level
  • Association Fees: Monthly
  • Monthly Assn Dues: 303

Association/Amenities

  • Development Amenities: Common Area
  • Development Name: Northbay Pointe Condominiums

Schools

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

Lot Info

  • Deeded Waterfront: Yes
  • Mineral Rights: Unknown
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: 3617
  • Total Taxes: 4000
  • Winter Taxes: 383
  • Year Summer: 2022
  • Year Winter: 2022

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
Dec 1, 2022
Closed on
Jan 13, 2023
Sold by
James W Williams Revocable Trust
Bought by
Prager Geraldine
Seller's Agent
Kimberly Lingo
TARGET REAL ESTATE COMPANY
Buyer's Agent
WENDY CRITTENDEN
CENTURY 21 SIGNATURE REALTY
List Price
$239,900
Sold Price
$230,000
Premium/Discount to List
-$9,900
-4.13%
Current Estimated Value
$302,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,259
Avg. Annual Appreciation
11.03%
Original Mortgage
$150,000
Outstanding Balance
$145,783
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$155,508

Purchase Details

Closed on
Oct 5, 2007
Sold by
Dreelan Elizabeth A and Hakola Elizabeth A
Bought by
James W Williams Revocable Trust Agreeme
Source: Public Records

Range of Values:

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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
Prager Geraldine $230,000 --
James W Williams Revocable Trust Agreeme $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prager Geraldine $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2023 01/17/23 Sold $230,000 -4.1% $224 / Sq Ft
12/23/2022 12/23/22 Pending -- -- --
12/01/2022 12/01/22 For Sale $239,900 -- $233 / 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 $6,387 $139,000 $139,000 $0
2024 $4,266 $112,900 $0 $0
2023 $3,798 $94,300 $94,300 $0
2022 $4,001 $79,800 $79,800 $0
2021 $3,849 $79,100 $79,100 $0
2020 $3,775 $78,300 $78,300 $0
2019 $3,708 $76,600 $76,600 $0
2018 $2,357 $72,400 $72,400 $0
2017 $3,482 $72,200 $72,200 $0
2016 $3,377 $72,200 $0 $0
2015 -- $70,800 $0 $0
2014 -- $64,800 $0 $0
2013 -- $63,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1907028

Northern Great Lakes REALTORS® MLS

APN: 132-N20-000-007-00