NOT LISTED FOR SALE

403 E Main St Harbor Springs, MI 49740

Estimated Value: $1,705,771 - $2,865,000

7 Beds
7.5 Baths
3,800 Sq Ft
$621/Sq Ft Est. Value

Last Sold October 22, 2024

Last sale price $1,450,000 $382 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $13,612/month

190 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Thermal Windows
  • Harbor Springs High School Rated 9+
  • First Floor Utility Room
  • Patio

About This Home

As of October 2024

Located in the heart of Main Street in Harbor Springs, The Veranda at Harbor Springs is a landmark institution. It was built 147 years ago in Petoskey and pulled across the ice by horses to its present location on Main Street in Harbor Springs. For the past century it has been a boarding house, Bed and Breakfast Inn and a private residence. The home features 7 Bedrooms all with Private baths, large enclosed Veranda with Palladian window overlooking a park and views of Little Traverse Bay. Also, 7 off street parking spaces is a great asset to any downtown residence!

Last Agent to Sell the Property

Kevin Olson

Graham Real Estate Listed on: 04/15/2024

Last Buyer's Agent

Heidi Kresnak

Graham Real Estate

Home Details

Home Type

  • Single Family

Lot Details

  • Lot Dimensions are 16x116
  • Property is zoned R-1-C

Parking

  • Driveway

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 3,800 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Thermal Windows
  • Insulated Windows
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring
  • Water Views

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 51-15-13-226-017

Home Details

Home Type

Single Family

Lot Details

7,275 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 04/15/2024
  • Section: 13
  • Second Address Number: 403
  • Directions: East Main St., property is on the corner of Main and Judd St.
  • OFFICELIST_STATE: MI
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Cable, Ceiling Fans, Central Air, Dishwasher, Dryer, Garbage Disposal, Patio, Paved Drive, Range, Refrigerator, Washer, Wood Fireplace, Wood Floors, Paved Road
  • Total Finished Sq Ft: 3800
  • Master Bedroom: Dimensions: 17’x15’5", On Level: Upper
  • Bedroom 2: Dimensions: 18’x13', On Level: Main
  • Bedroom 3: Dimensions: 15’x11’5", On Level: Main
  • Bedroom 4: Dimensions: 11’5”x12', On Level: Main
  • Dining Room: Dimensions: 17’x11’5", On Level: Main
  • Kitchen: Dimensions: 14’5”x14’5", On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 16’5”x15’5", On Level: Main
  • Above Grade Finished Sq Ft: 3800
  • Bathroom 1: Dimensions: 3 Full, Half Bath, On Level: Main
  • Bathroom 2: Dimensions: 4 Full, On Level: Upper
  • Number Of Bedrooms: 7
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Rooms 1: Dimensions: Veranda 30’x26', On Level: Main
  • Rooms 2: On Level: N/A
  • Windows: Thermo, Insulated

Exterior Features

  • Construction: Wood Frame/Site Built, Two Story +
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither
  • Water View: Yes

Utilities

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

Schools

  • School District: Harbor Springs

Lot Info

  • Estimated Lot Dimensions: 16x116
  • Lot: Y
  • Zoning: R-1-C

Tax Info

  • Assessor Parcel Number: 51-15-13-226-017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2012
Sold by
Williams Sutter Philisa
Bought by
Reid Carl and Reid Kim E
Current Estimated Value
$2,359,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$284,374
Interest Rate
3.87%
Estimated Equity
$2,075,550

Purchase Details

Closed on
Nov 27, 2007
Sold by
Sutter Martin P
Bought by
Reid Carl and Reid Kim E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.31%

Purchase Details

Closed on
Feb 2, 2002
Sold by
Howard Susan H
Bought by
Sutter Martin P

Purchase Details

Closed on
Oct 27, 1998
Sold by
Yoder Douglas
Bought by
Howard Susan H

Purchase Details

Closed on
Feb 1, 1995
Bought by
Yoder +25000P Pta and Yoder Rps
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
Reid Carl -- --
Reid Carl -- --
Sutter Martin P $885,000 --
Howard Susan H $614,000 --
Yoder +25000P Pta $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reid Carl $417,000
Previous Owner Reid Carl $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2024 10/22/24 Sold $1,450,000 -17.1% $382 / Sq Ft
08/06/2024 08/06/24 Price Changed $1,750,000 -10.3% $461 / Sq Ft
04/15/2024 04/15/24 For Sale $1,950,000 -- $513 / Sq Ft
Source: Northern Michigan MLS

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 $17,457 $946,700 $946,700 $0
2024 $167 $868,800 $868,800 $0
2023 $15,614 $622,200 $622,200 $0
2022 $15,614 $429,200 $429,200 $0
2021 $15,075 $410,600 $410,600 $0
2020 $14,894 $429,200 $429,200 $0
2019 $18,293 $394,600 $394,600 $0
2018 -- $339,200 $339,200 $0
2017 -- $362,200 $362,200 $0
2016 -- $363,200 $363,200 $0
2015 -- $332,800 $0 $0
2014 $12,605 $315,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 473480

Northern Michigan MLS

APN: 51-15-13-226-017

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