NOT LISTED FOR SALE

516 Mercer St East Tawas, MI 48730

Estimated Value: $224,000 - $274,000

3 Beds
2 Baths
1,308 Sq Ft
$187/Sq Ft Est. Value

Last Sold July 24, 2024

Last sale price $229,900 $176 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,496/month

29 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • 2 Car Attached Garage
  • Corner Lot
  • Fenced Yard
  • 2-minute walk to Dewey Durant Park

About This Home

As of July 2024

Fantastic opportunity in a great location! This 3 bedroom 1 and 3/4 bath home has everything you need. The living room features a wood burning fireplace and bay window; and the kitchen and dining room combination include all appliances and a door wall leading to a freshly stained deck perfect for entertaining. The three bedrooms and main bath are on the other end of the home and offer generous closet space, with the master bedroom having it's own 3/4 bath. Other features of the home include freshly painted siding, nicely manicured lawn, covered front porch, partially fenced in yard area, garden shed, and 2 car attached garage. Located in East Tawas with close proximity to the downtown shopping and entertainment district, Tawas hospital, Lake Huron, and across from Dewey Durant Park.

Last Agent to Sell the Property

Krista Loeffler

TARGET REAL ESTATE COMPANY Listed on: 06/23/2024

Last Buyer's Agent

Scott Shamel

American Associates, Inc.

American Associates, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,955

Year Built

  • Built in 1978

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 132x88
  • Fenced Yard
  • Landscaped
  • Corner Lot
  • The community has rules related to zoning restrictions

Home Design

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

Interior Spaces

  • 1,308 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Bay Window
  • Crawl Space

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Schools

  • Clara B. Bolen Elementary School
  • Tawas Area Middle School
  • Tawas Area High School

Utilities

  • Baseboard Heating
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Newman's Addition Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,955

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1 Story
  • Estimated Year Built: 1978
  • Construction: Frame
  • Principal Residence: Yes
  • Section Number: 20
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1978

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Washer, Dryer, Exhaust Fan, Ceiling Fan, Natural Gas Water Heater, Smoke Alarms(s)
  • Interior Amenities: Bay Window(s), Drywall
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 13x11'8, On Level: Main Floor, Flooring: Laminate
  • Bedroom 2: Dimensions: 13x11'3, On Level: Main Floor, Flooring: Laminate
  • Bedroom 3: Dimensions: 13x9, On Level: Main Floor, Flooring: Laminate
  • Total Bathrooms: 2
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: On Level: Main Floor, Flooring: Laminate
  • Kitchen: Dimensions: 22'9x11'5, On Level: Main Floor, Flooring: Laminate
  • Living Room: Dimensions: 22x14, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 1308
  • Price Per Sq Ft: 175.76
  • Range: R 8E
  • Total Finished Sf Apx: 1308

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Exterior Features: Deck, Fenced Yard, Covered Porch, Landscaped
  • Exterior Finish: Wood
  • Foundation: Crawl Space
  • Number Of Acres: 0.27
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Driveway: Blacktop, Concrete
  • Garage Capacity: 2
  • Primary Garage: Attached, Door Opener, Paved Driveway, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s), Wood
  • Heating Cooling Types: Hot Water, Baseboard
  • Laundry: Dimensions: 22x14, On Level: Main Floor, Flooring: Carpet
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet, WiFi
  • Water: Municipal

Association/Amenities

  • Development Name: Newman's Addition

Schools

  • School District: Tawas Area Schools
  • Elementary School: Clara B. Bolen Elementary School
  • Middle School: Tawas Area Middle School
  • High School: Tawas Area High School

Lot Info

  • Lot Number: 10+
  • Land Features: Corner Lot
  • Lot Dimensions: 132x88
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: $1,627
  • Taxable Value: 57094
  • Total Taxes: 1955
  • Winter Taxes: $328
  • Year Summer: 2023
  • Year Winter: 2023

MLS Schools

  • Elementary School: Clara B. Bolen 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
Jun 23, 2024
Closed on
Jul 24, 2024
Sold by
Wainwright Amy L and Kennedy Amy
Bought by
Moffatt Adam and Moffatt Marissa
Seller's Agent
Krista Loeffler
TARGET REAL ESTATE COMPANY
Buyer's Agent
Scott Shamel
American Associates, Inc.
List Price
$229,900
Sold Price
$229,900
Views
9
Current Estimated Value
$241,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,753
Avg. Annual Appreciation
6.07%
Original Mortgage
$229,900
Outstanding Balance
$228,147
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$16,711

Purchase Details

Closed on
Jun 3, 2011
Sold by
Kruse Ryan D and Kruse Ohmee F
Bought by
Wainwright Amy L
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
Moffatt Adam $229,900 None Listed On Document
Wainwright Amy L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moffatt Adam $229,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2024 07/24/24 Sold $229,900 0.0% $176 / Sq Ft
07/22/2024 07/22/24 Pending -- -- --
06/23/2024 06/23/24 For Sale $229,900 -- $176 / 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 $2,149 $106,400 $106,400 $0
2024 $1,955 $92,800 $0 $0
2023 $1,627 $79,700 $79,700 $0
2022 $1,818 $68,900 $68,900 $0
2021 $1,762 $63,700 $63,700 $0
2020 $1,714 $57,900 $57,900 $0
2019 $1,683 $55,900 $55,900 $0
2018 $1,627 $52,100 $52,100 $0
2017 $1,565 $49,400 $49,400 $0
2016 $1,521 $49,400 $0 $0
2015 -- $45,800 $0 $0
2014 -- $43,500 $0 $0
2013 -- $42,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1923881

Northern Great Lakes REALTORS® MLS

APN: 121-N10-019-010-00