NOT LISTED FOR SALE

5160 Seven Mile Point Ridge Dr Harbor Springs, MI 49740

Estimated Value: $812,000 - $1,686,000

4 Beds
5 Baths
5,042 Sq Ft
$259/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $825,000 $164 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $8,273/month

250 Days on Market

Highlights

  • 224 Feet of Waterfront
  • Deck
  • Cathedral Ceiling
  • Spa
  • Wood Burning Stove
  • Wood Flooring

About This Home

As of December 2020

This grand home features unmatched panoramic views of Lake Michigan - from nearly every room! Even the lower level enjoys greater than 180 degree views! This delightful, remodeled 4BR/3.5BA home has new Hardi-Plank siding, new Pella windows, newer roof, new wood floors and newer gourmet kitchen. Situated just outside of Harbor Springs, in the private neighborhood of Seven Mile Point Ridge, this property also has shared lake access below the bluff with a gorgeous sand beach. Store your kayaks and water toys here to enjoy beautiful days. There is plenty of room to spread out in this grand home - enjoy the cozy wood fireplace in the living room, formal dining room, large kitchen with eating area and very spacious master bedroom with gas fireplace - all with delightful lake views. A large heated sun porch provides easy access to the deck and fire pit area. Enjoy gazing at the stars twinkling on the waves from the hot tub on the deck. As well as the remarkable sunsets! The lower level is perfect for guests with a second master bedroom with en suite bath and two other bedrooms as well as a large family room with wood stove to boost the temperature on those chilly winter nights or cool summer evenings. There is even a separate entrance to the lower level, should guests like to come and go without disturbing you.

Last Agent to Sell the Property

Susan Schwaderer

Coldwell Banker Schmidt- Harbor Springs License #6501515743 Listed on: 01/08/2020

Coldwell Banker Schmidt- Harbor Springs

Last Buyer's Agent

See agt remarks Non Member Emmet

Emmet Association of Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,009

Year Built

  • Built in 1983

Lot Details

  • 1.4 Acre Lot
  • Lot Dimensions are 392 x 170 x 282 x 188
  • 224 Feet of Waterfront
  • Sprinkler System

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 5,042 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Wood Flooring
  • Water Views

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Spa
  • Water Access
  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Septic System
  • Satellite Dish

Community Details

  • Seven Mile Point Ridge Association

Listing and Financial Details

  • Assessor Parcel Number 24-16-12-31-204-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,009

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Additional Comments: Buyer's Agent Lynn Spence
  • Estimated Year Built: 1983
  • Lvt Date: 01/09/2020
  • Measurement Source: Assessor
  • Section: 31
  • Survey: Y
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1983

Interior Features

  • Features: Built In Microwave, Cathedral Ceilings, Ceiling Fans, Deck, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace, Hot Tub, Paved Drive, Range, Refrigerator, Satellite Dish, Sprinkler System, Washer, Whirl Pool, Wood Fireplace, Wood Floors, Wood Stove, Paved Road
  • Total Finished Sq Ft: 5042
  • Master Bedroom: Dimensions: 16 x 27, On Level: Main
  • Bedroom 2: Dimensions: 16 x 17, On Level: Lower
  • Bedroom 3: Dimensions: 11 x 15, On Level: Lower
  • Bedroom 4: Dimensions: 12 x 16.5, On Level: Lower
  • Total Rooms: 10
  • Basement: Full, Walkout, Finished
  • Dining Room: Dimensions: 12 x 16, On Level: Main
  • Kitchen: Dimensions: 12 x 21, On Level: Main
  • Family Room: Dimensions: 16.5 x 25.5, On Level: Lower
  • Living Room: Dimensions: 18.5 x 26.5, On Level: Main
  • Above Grade Finished Sq Ft: 2677
  • Bathroom 1: Dimensions: 8.5 x 11.5, On Level: Main
  • Bathroom 2: Dimensions: 7 x 8, On Level: Lower
  • Number Of Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Rooms 1: Dimensions: Sunporch, On Level: Main
  • Rooms 2: Dimensions: Butler Pantry, On Level: Main
  • Windows: Pella

Exterior Features

  • Construction: Wood Frame/Site Built
  • Lake: Michigan
  • Roof: Asphalt Shingle
  • Waterfront Frontage: 224
  • Waterfront Water Access: Water Access
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Shared Ownership

Garage/Parking

  • Garage Carport: Garage-Attached
  • Gar Car Capacity: Two and Half

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: Septic
  • Water: Well
  • Water Heater: Natural Gas
  • Well Size Depth: 4"

Condo/Co-op/Association

  • Association: Seven Mile Point Ridge
  • Other Association Fees: ~$200/year

Schools

  • School District: Harbor Springs

Lot Info

  • Estimated Lot Dimensions: 392 x 170 x 282 x 188
  • Estimated Number of Acres: 1.4
  • Lot: Y
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 24-16-12-31-204-008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2020
Closed on
Dec 15, 2020
Sold by
Phillips John F
Bought by
White Robert E and White Tiffany L
Seller's Agent
Susan Schwaderer
Coldwell Banker Schmidt- Harbor Springs
Buyer's Agent
See agt remarks Non Member Emmet
Emmet Association of Realtors
List Price
$865,000
Sold Price
$825,000
Premium/Discount to List
-$40,000
-4.62%
Current Estimated Value
$1,304,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$479,279
Avg. Annual Appreciation
10.80%
Original Mortgage
$660,000
Outstanding Balance
$590,297
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$745,608

Purchase Details

Closed on
Jun 19, 2002
Bought by
Phillips John F and Phillips Deborah B

Purchase Details

Closed on
Jul 1, 1989
Bought by
Sauers

Purchase Details

Closed on
Jun 1, 1980
Bought by
Hartwell
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
White Robert E -- --
Phillips John F $750,000 --
Sauers -- --
Hartwell $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Robert E $300,000
Open White Robert E $660,000
Previous Owner Phillips John F $170,000
Previous Owner Phillips John F $80,000
Previous Owner Phillips John F $417,000
Previous Owner Phillips John F $388,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2020 12/17/20 Sold $825,000 0.0% $164 / Sq Ft
10/01/2020 10/01/20 Off Market $825,000 -- --
06/30/2020 06/30/20 Price Changed $855,000 -1.2% $170 / Sq Ft
01/08/2020 01/08/20 For Sale $865,000 -- $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 $14,009 $670,600 $670,600 $0
2024 $14,009 $625,700 $625,700 $0
2023 $12,810 $409,800 $409,800 $0
2022 $12,810 $339,500 $339,500 $0
2021 $12,449 $331,400 $331,400 $0
2020 $6,466 $310,200 $310,200 $0
2019 -- $293,200 $293,200 $0
2018 -- $263,500 $263,500 $0
2017 -- $339,800 $339,800 $0
2016 -- $309,400 $309,400 $0
2015 -- $309,200 $0 $0
2014 -- $311,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Northern Michigan MLS

MLS Number: 461045

Northern Michigan MLS

APN: 16-12-31-204-008