NOT LISTED FOR SALE

5188 Seven Mile Point Ridge Dr Harbor Springs, MI 49740

Estimated Value: $560,000 - $2,044,000

4 Beds
5 Baths
4,100 Sq Ft
$336/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $1,275,000 $311 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $8,242/month

162 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Wood Flooring
  • First Floor Utility Room
  • Deck
  • Main Floor Primary Bedroom
  • Thermal Windows

About This Home

As of April 2024

This grand home is positioned on top of a ridge with breathtaking Lake Michigan views and sunsets– from nearly every room! Located north of Harbor Springs in the private neighborhood of Seven Mile Point Ridge, this desirable four bedroom home also has shared lake access below the bluff with a gorgeous sand beach. New carpet being installed in March in main living areas and staircases. The beautifully designed kitchen gleams with solid surface countertops, stainless steel appliances, built-in desk area, and oak flooring. The four-season sun room offers panoramic views of the natural landscape, a striking vaulted ceiling with skylight, direct access to the outdoor deck, and a freestanding gas fireplace for those chilly nights. The natural brick wood fireplace and built-in shelves grace the elegant living room while a custom wet bar highlights the formal dining room. Oversized windows facing the lake bathe all of the spacious living areas in natural light. The primary master bedroom ensuite is located on the main level and features a walk-in closet and an updated bathroom with heated floors, a jetted tub and separate tiled shower. Three bedrooms and two baths are located on the second floor; all bedrooms have lake views. The partially finished walkout basement has a game room and a separate staircase leading up to the finished two-car garage with ample storage closets. The property has a park-like setting with a substantial shared paved circular drive that is illuminated with light posts. A Generac generator, geothermal heating and cooling system, and a back-up forced-air heating system provide plenty of comfort and peace of mind.

Last Agent to Sell the Property

Sally Brumleve

Birchwood Realty, LLC Listed on: 10/26/2023

Last Buyer's Agent

Kimberly Kihnke

Bay North Realty Co. License #6501327283

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,574

Year Built

  • Built in 1991

Lot Details

  • 100 Feet of Waterfront
  • Sprinkler System

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 4,100 Sq Ft Home
  • Wood Burning Fireplace
  • Thermal Windows
  • Low Emissivity Windows
  • Insulated Windows
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring
  • Water Views

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Water Access
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Geothermal Heating and Cooling
  • Heating System Uses Natural Gas
  • Well
  • Septic System

Community Details

  • Seven Mile Point Ridge Association

Listing and Financial Details

  • Assessor Parcel Number 16-12-31-204-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,574

Year Built

Built in 1991

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1991
  • Lvt Date: 10/26/2023
  • Section: 31
  • Second Address Number: 5188
  • Directions: North on M-119 from Harbor Springs 6.4 miles to Seven Mile Point Ridge Drive entrance. Turn left into the entrance, then drive south to the end at the cul-de-sac. Driveway is on the right.
  • Price per Sq Ft: 310.98
  • OFFICELIST_STATE: MI
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1991

Interior Features

  • Features: Built In Microwave, Central Air, Deck, Dishwasher, Dryer, Garbage Disposal, Paved Drive, Range, Refrigerator, Sprinkler System, Washer, Wood Fireplace, Wood Floors, Paved Road
  • Total Finished Sq Ft: 4100
  • Master Bedroom: Dimensions: 17 X 18, On Level: Main
  • Bedroom 2: Dimensions: 12 x 17, On Level: Upper
  • Bedroom 3: Dimensions: 13 x 15, On Level: Upper
  • Bedroom 4: Dimensions: 12 x 17, On Level: Upper
  • Total Rooms: 11
  • Basement: Block, Full, Walkout
  • Dining Room: Dimensions: 18 X 20, On Level: Main
  • Kitchen: Dimensions: 12 x 25, On Level: Main
  • Family Room: Dimensions: 16 x 20, On Level: Main
  • Living Room: Dimensions: 20 x 23, On Level: Main
  • Above Grade Finished Sq Ft: 4100
  • Bathroom 1: Dimensions: 1 Full & 2 Half, On Level: Main
  • Bathroom 2: Dimensions: 1 Full & 1 3/4 Bath, On Level: Upper
  • Number Of Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Rooms 1: Dimensions: Game Room, On Level: Lower
  • Rooms 2: On Level: N/A
  • Windows: Thermo, Insulated, Low E, Pella

Exterior Features

  • Construction: Wood Frame/Site Built
  • Lake: Michigan
  • Roof: Asphalt Shingle
  • Waterfront Frontage: 100
  • Waterfront Water Access: Water Access
  • Water View: Yes
  • Wf Wa Ownership Type: Deeded and Shared Ownership

Garage/Parking

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

Utilities

  • Heat Type: Natural Gas, Forced Air, Geothermal
  • Sewer: Septic
  • Water: Well

Condo/Co-op/Association

  • Association: Seven Mile Point Ridge
  • Association: Yes
  • Fees: $200

Schools

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

Lot Info

  • Lot: Y
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 16-12-31-204-012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2023
Closed on
Apr 5, 2024
Sold by
Cate Patricia A and Howard L Cate Jr Trust
Bought by
Evans Scott E and Evans Ellen D
Seller's Agent
Sally Brumleve
Birchwood Realty, LLC
Buyer's Agent
Kimberly Kihnke
Bay North Realty Co.
List Price
$1,300,000
Sold Price
$1,275,000
Premium/Discount to List
-$25,000
-1.92%
Views
5208
Current Estimated Value
$1,378,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,458
Avg. Annual Appreciation
6.65%
Original Mortgage
$956,250
Outstanding Balance
$942,133
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$452,215
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
Evans Scott E -- Talon Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evans Scott E $956,250
Previous Owner Cate Howard L $938,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $1,275,000 0.0% $311 / Sq Ft
02/23/2024 02/23/24 Price Changed $1,275,000 -1.9% $311 / Sq Ft
10/26/2023 10/26/23 For Sale $1,300,000 -- $317 / 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 $8,574 $675,200 $675,200 $0
2024 $8,574 $642,200 $642,200 $0
2023 $7,878 $423,200 $423,200 $0
2022 $7,878 $391,500 $391,500 $0
2021 $7,572 $380,400 $380,400 $0
2020 $7,450 $356,800 $356,800 $0
2019 -- $336,300 $336,300 $0
2018 -- $303,600 $303,600 $0
2017 -- $344,500 $344,500 $0
2016 -- $352,500 $352,500 $0
2015 -- $352,000 $0 $0
2014 -- $354,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 472555

Northern Michigan MLS

APN: 16-12-31-204-012