$228,200
SOLD JUL 12, 2024

407 W Tawas Lake Rd East Tawas, MI 48730

7 Beds
3 Baths
2,104 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$108 Per Sq Ft

4% Above List Price

34 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Bay View
  • Bungalow
  • 65 Feet of Waterfront
  • Porch
  • 1-Story Property

About This Home

As of July 2024

Tawas Lake rental units. 3 separate cottages on the same parcel!! The owners use 407 as an VRBO, and rent out 403 and 405. 407 has 3 bedrooms, loft with a bed, open concept for the kitchen, dining, and living room, with nice laminate flooring. Was remodeled in 2022 and nicely done. Very cozy 'up north' feel! 403 is approximately 797 sq.ft. and has 2 bedrooms, living room, kitchen and bath, with an enclosed porch. 405 is approximately 549 sq.. ft. and had 2 bedrooms, living room, kitchen and bath. Both units are rented and will need 24 hour notice to see. The cottages are on an artesian well and city water is available, they also have city sewer. There are many ways you could use this property, and just a little more work could be done for them to be just right! A great opportunity for the right investor!

Last Agent to Sell the Property

CAROL WESTCOTT

STERLING PROPERTIES License #6501349284 Listed on: 06/03/2024

Last Buyer's Agent

Lynn Kubisiak

TAWAS SUNSHINE REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,584

Year Built

  • Built in 1950

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 65x132
  • 65 Feet of Waterfront
  • Lake Front
  • Level Lot
  • The community has rules related to zoning restrictions

Parking

  • Gravel Driveway

Home Design

  • Bungalow
  • Slab Foundation
  • Frame Construction
  • Asphalt Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,104 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Bay Views
  • Crawl Space
  • Oven or Range

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Space Heater
  • Heating System Mounted To A Wall or Window
  • Well
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,584

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Bungalow, 1 Story
  • Estimated Year Built: 1950
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 20
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1950

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range
  • Bedrooms: 7
  • Bedroom 1: Dimensions: 11x8
  • Bedroom 2: Dimensions: 8x9
  • Bedroom 3: Dimensions: 12.6x9
  • Total Bathrooms: 3
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 3
  • Number of Three Quarter Bathrooms: 3
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 8x11
  • Living Room: Dimensions: 16x13
  • Estimated Above Ground Finished Sq Ft: 2104
  • Price Per Sq Ft: 108.46
  • Range: R 8E
  • Total Finished Sf Apx: 2104

Exterior Features

  • Body Of Water: Tawas Lake
  • Exterior Features: Bay View, Porch
  • Exterior Finish: Aluminum, Wood
  • Foundation: Crawl Space, Slab
  • Number Of Acres: 0.19
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt, Metal
  • Water Features: Inland Lake, Water View, Vegetation to Water Edge, Public Lake
  • Waterfront Frontage: 65

Garage/Parking

  • Driveway: Gravel

Utilities

  • Fireplaces And Stoves: Fireplace(s), Wood
  • Heating Cooling Types: Space Heater, Wall
  • Laundry: On Level: None
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Schools

  • School District: Tawas Area Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level
  • Lot Dimensions: 65X132
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: 4090.99
  • Total Taxes: 4584
  • Winter Taxes: 493.01
  • Year Summer: 2023
  • Year Winter: 2023

MLS Schools

  • School District: Tawas Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2024
Closed on
Jul 12, 2024
Sold by
Kolnitys Timothy
Bought by
Fillmore Catherine S and Knapp Richard A
Seller's Agent
CAROL WESTCOTT
STERLING PROPERTIES
Buyer's Agent
Lynn Kubisiak
TAWAS SUNSHINE REALTY
List Price
$220,000
Sold Price
$228,200
Premium/Discount to List
$8,200
3.73%
Total Days on Market
34
Views
77
Current Estimated Value
$224,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,538
Avg. Annual Appreciation
-1.72%

Purchase Details

Listed on
Sep 8, 2022
Closed on
Sep 26, 2022
Sold by
Lipovsky Theodore J and Lipovsky Norrita E
Bought by
Kolnitys Timothy
Seller's Agent
Scott Lingo
TARGET REAL ESTATE COMPANY
Buyer's Agent
Scott Lingo
TARGET REAL ESTATE COMPANY
List Price
$119,000
Sold Price
$140,000
Premium/Discount to List
$21,000
17.65%
Views
74

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.18%
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 Type Sale Price Title Company
Warranty Deed $228,200 None Listed On Document
Warranty Deed $140,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Sold $228,200 +3.7% $108 / Sq Ft
07/07/2024 07/07/24 Pending -- -- --
06/03/2024 06/03/24 For Sale $220,000 +57.1% $105 / Sq Ft
09/23/2022 09/23/22 Sold $140,000 +17.6% $61 / Sq Ft
09/11/2022 09/11/22 Pending -- -- --
09/08/2022 09/08/22 For Sale $119,000 -- $52 / 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 $4,767 $116,200 $116,200 $0
2024 $4,428 $85,400 $0 $0
2023 $3,935 $81,800 $81,800 $0
2022 $2,573 $62,400 $62,400 $0
2021 $2,492 $56,200 $56,200 $0
2020 $2,437 $53,300 $53,300 $0
2019 $2,392 $50,600 $50,600 $0
2018 $2,320 $47,100 $47,100 $0
2017 $2,246 $50,200 $50,200 $0
2016 $2,198 $50,200 $0 $0
2015 -- $46,500 $0 $0
2014 -- $47,000 $0 $0
2013 -- $47,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1923178

Northern Great Lakes REALTORS® MLS

APN: 121-T10-003-001-00