NOT LISTED FOR SALE

5087 5 Mile Creek Rd Harbor Springs, MI 49740

Estimated Value: $573,000 - $769,711

3 Beds
2.5 Baths
3,467 Sq Ft
$190/Sq Ft Est. Value

Last Sold August 14, 2018

Last sale price $250,000 $72 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $3,712/month

Highlights

  • Spa
  • Second Garage
  • Deck
  • Harbor Springs High School Rated 9+
  • 10 Acre Lot
  • Radiant Floor

About This Home

As of August 2018

Unique opportunity to finish a custom built beautiful timber frame home. Sitting on 10 acres with Five Mile Creek running through your back yard, this 3 bedroom, 2.5 bath just needs your personal final touch. Home includes a billiard room that's connected to a home theatre. The lower level offers a workout room which could easily be converted to a bedroom with an option to finish a third full bath. An attached two car heated garage has room for your toys plus there's extra room in the 2-car detached garage.

Last Agent to Sell the Property

Drew Bartlett

Graham Real Estate Listed on: 06/13/2018

Last Buyer's Agent

Lynn Ness

Berkshire Hathaway HomeServices Michigan Real Estate - HS

Berkshire Hathaway HomeServices Michigan Real Estate - HS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,122

Year Built

  • Built in 1993

Lot Details

  • 10 Acre Lot
  • Lot Dimensions are 327 x 1328
  • Creek or Stream
  • Property is zoned A-1

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 3,467 Sq Ft Home
  • Cathedral Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Wood Frame Window
  • Family Room
  • Living Room
  • Dining Room
  • Radiant Floor
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Second Garage

Outdoor Features

  • Spa
  • Deck

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Well
  • Propane Water Heater
  • Septic System

Community Details

  • Snowmobile Trail

Listing and Financial Details

  • Assessor Parcel Number 16-12-32-200-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,122

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1993
  • Lvt Date: 06/15/2018
  • Section: 32
  • Second Address Number: 5087
  • Directions: M-119 north, right on Five Mile Creek Road. House on right.
  • OFFICELIST_STATE: MI
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1993

Interior Features

  • Features: Built In Microwave, Cathedral Ceilings, Deck, Dishwasher, Dryer, Gas Fireplace, Hot Tub, Range, Refrigerator, Washer, Near Snowmobile Trails, Stream/Creek
  • Total Finished Sq Ft: 3467
  • Master Bedroom: Dimensions: 19'5 x 19'8, On Level: Upper
  • Bedroom 2: Dimensions: 11'6 x 13'6, On Level: Upper
  • Bedroom 3: Dimensions: 11'5 x 12'1, On Level: Lower
  • Bedroom 4: On Level: N/A
  • Basement: Full
  • Dining Room: Dimensions: 11'9 x 19'5, On Level: Main
  • Kitchen: Dimensions: 19'5 x 19'6, On Level: Main
  • Family Room: Dimensions: 10'6 x 19'6, On Level: Main
  • Living Room: Dimensions: 11'5 x 19'6, On Level: Main
  • Above Grade Finished Sq Ft: 2678
  • Bathroom 1: Dimensions: 2 Full, On Level: Upper
  • Bathroom 2: Dimensions: 1 Half, On Level: Main
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Rooms 1: Dimensions: 11'2 x 18'8/Billiards Rm, On Level: Lower
  • Rooms 2: Dimensions: 10'1x18'10-Theatre, On Level: Lower
  • Windows: Wood Sash, Double

Exterior Features

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

Garage/Parking

  • Garage Carport: Garage-Attached, Garage-Detached
  • Gar Car Capacity: Two

Utilities

  • Heat Type: LP Gas, Wood, Hot Water Baseboard, In Floor Heating
  • Sewer: Septic
  • Water: Well
  • Water Heater: 40 Gal, Propane

Schools

  • School District: Harbor Springs

Lot Info

  • Estimated Lot Dimensions: 327 x 1328
  • Estimated Number of Acres: 10
  • Lot: Y
  • Zoning: A-1

Tax Info

  • Assessor Parcel Number: 16-12-32-200-007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2018
Closed on
Aug 14, 2018
Sold by
Lauer Mickey
Bought by
Proctor Kerry and Procgtor Katie
Seller's Agent
Drew Bartlett
Graham Real Estate
Buyer's Agent
Lynn Ness
Berkshire Hathaway HomeServices Michigan Real Estate - HS
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$659,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,570
Avg. Annual Appreciation
14.42%
Original Mortgage
$143,000
Outstanding Balance
$123,931
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$535,639

Purchase Details

Closed on
Feb 1, 1992
Bought by
Lauer Family Rps
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
Proctor Kerry $250,000 --
Lauer Family Rps $7,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Proctor Kerry $143,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2018 08/14/18 Sold $250,000 0.0% $72 / Sq Ft
06/13/2018 06/13/18 For Sale $250,000 -- $72 / 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 $3,122 $297,900 $38,700 $259,200
2024 $3,122 $264,700 $38,700 $226,000
2023 $2,868 $206,100 $33,800 $172,300
2022 $2,868 $143,800 $31,400 $112,400
2021 $2,757 $139,000 $22,200 $116,800
2020 $2,713 $119,000 $18,700 $100,300
2019 -- $113,200 $113,200 $0
2018 -- $116,200 $116,200 $0
2017 -- $112,100 $112,100 $0
2016 -- $112,200 $112,200 $0
2015 -- $112,100 $0 $0
2014 -- $101,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 455647

Northern Michigan MLS

APN: 16-12-32-200-007