NOT LISTED FOR SALE

488 E Main St Harbor Springs, MI 49740

Estimated Value: $929,000 - $1,445,201

4 Beds
4 Baths
2,325 Sq Ft
$535/Sq Ft Est. Value

Last Sold October 10, 2018

Last sale price $575,000 $247 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $7,521/month

21 Days on Market

Highlights

  • Guest House
  • Main Floor Primary Bedroom
  • 2 Car Detached Garage
  • Deck
  • First Floor Utility Room
  • Thermal Windows

About This Home

As of October 2018

Downtown Harbor Springs living at its finest! Just blocks from shopping, the beach, and fine dining, this location is hard to beat! Plenty of space for your friends and family to live and visit comfortably. Newly remodeled first floor introduces and main floor master with an expansive walk in closet. New paint and carpet throughout the home. The three seasons porch off the front of the home creates a space for watching the seasons change and enjoying a cup of coffee or beverage of your choice. The oversized two car garage is equipped with a guest apartment above that features one bedroom, a full kitchen and full bath. Come and see for yourself what this beautiful home has to offer in the charming town of Harbor Springs!

Last Agent to Sell the Property

John Russell

Kidd & Leavy Real Estate Co. LLC Listed on: 08/08/2018

Last Buyer's Agent

Dominic Bragg

Coldwell Banker Fairbairn Realty

Coldwell Banker Fairbairn Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,525

Year Built

  • Built in 1920

Lot Details

  • 9,496

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,325 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Thermal Windows
  • Vinyl Clad Windows
  • Living Room
  • Dining Room
  • First Floor Utility Room

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Block Basement Construction
  • Crawl Space

Parking

  • 2 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Deck
  • Lot Dimensions are 66 x 144
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 51-15-13-250-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,525

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1920
  • Lvt Date: 08/08/2018
  • Section: 13
  • Second Address Number: 488
  • Directions: M-119 into the City of Harbor Springs. Home is located on the left hand side just a few blocks from the downtown shopping area.
  • Price per Sq Ft: 247.31
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Features: AC Wall Unit, Cable, Ceiling Fans, Central Air, Deck, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace, Paved Drive, Range, Washer, Paved Road
  • Total Finished Sq Ft: 2325
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Total Rooms: 10
  • Basement: Crawl, Block, Partial
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: N/A
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 2325
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Upper
  • Number Of Bedrooms: 4
  • Full Bathrooms: 4
  • Rooms 1: Dimensions: Sitting Area, On Level: Upper
  • Rooms 2: Dimensions: Three Season Porch, On Level: Main
  • Windows: Thermo, Vinyl, Pella

Exterior Features

  • Construction: Wood Frame/Site Built, Two 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, Forced Air
  • Sewer: City
  • Water: City
  • Water Heater: Electric

Schools

  • School District: Harbor Springs
  • School District: Harbor Springs

Lot Info

  • Estimated Lot Dimensions: 66 x 144
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 51-15-13-250-012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2018
Closed on
Oct 10, 2018
Sold by
Db 508 Llc
Bought by
Bell Andrew
Seller's Agent
John Russell
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Dominic Bragg
Coldwell Banker Fairbairn Realty
List Price
$595,000
Sold Price
$575,000
Premium/Discount to List
-$20,000
-3.36%
Current Estimated Value
$1,244,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$669,050
Avg. Annual Appreciation
11.96%
Original Mortgage
$500,000
Interest Rate
4.6%
Mortgage Type
Unknown

Purchase Details

Listed on
Sep 27, 2016
Closed on
Nov 29, 2017
Sold by
Szpunar Scott M and Hobey Molly L
Bought by
Db 508 Llc
Seller's Agent
Andrew Bowman
Gaslight Group Properties
Buyer's Agent
John Russell
Kidd & Leavy Real Estate Co. LLC
List Price
$575,000
Sold Price
$350,000
Premium/Discount to List
-$225,000
-39.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
78.11%

Purchase Details

Listed on
May 31, 2013
Closed on
Oct 18, 2013
Sold by
Fowler Judith A and Judith A Fowler Revocable Trus
Bought by
Szpunar Scott M and Hobey Molly L
Seller's Agent
Jeffry Kermath
Kermath Realty LLC
Buyer's Agent
Jeffry Kermath
Kermath Realty LLC
List Price
$399,900
Sold Price
$359,000
Premium/Discount to List
-$40,900
-10.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.61%
Original Mortgage
$265,000
Interest Rate
4.5%

Purchase Details

Closed on
Sep 1, 1986
Bought by
Fowler

Purchase Details

Closed on
Aug 1, 1980
Bought by
Finkbeiner
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
Bell Andrew $575,000 --
Db 508 Llc -- Attorneys Title Agency Llc
Szpunar Scott M -- --
Fowler -- --
Finkbeiner $39,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell Andrew $474,000
Closed Bell Andrew $500,000
Previous Owner Szpunar Scott M $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2018 10/10/18 Sold $575,000 -3.4% $247 / Sq Ft
08/08/2018 08/08/18 For Sale $595,000 +70.0% $256 / Sq Ft
12/01/2017 12/01/17 Sold $350,000 -39.1% $151 / Sq Ft
10/02/2017 10/02/17 Pending -- -- --
09/27/2016 09/27/16 For Sale $575,000 +60.2% $247 / Sq Ft
10/18/2013 10/18/13 Sold $359,000 -10.2% $154 / Sq Ft
10/08/2013 10/08/13 Pending -- -- --
05/31/2013 05/31/13 For Sale $399,900 -- $172 / 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 $8,525 $717,500 $717,500 $0
2024 $8,525 $571,600 $571,600 $0
2023 $7,573 $354,800 $354,800 $0
2022 $7,573 $267,400 $267,400 $0
2021 $7,303 $259,100 $259,100 $0
2020 $7,222 $251,900 $251,900 $0
2019 $9,737 $244,100 $244,100 $0
2018 -- $225,000 $225,000 $0
2017 -- $236,600 $236,600 $0
2016 -- $237,200 $237,200 $0
2015 -- $184,900 $0 $0
2014 $4,404 $177,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 456292

Northern Michigan MLS

APN: 51-15-13-250-012