NOT LISTED FOR SALE

5225 Forest Beach Dr Harbor Springs, MI 49740

Estimated Value: $350,000 - $1,074,000

3 Beds
2 Baths
1,330 Sq Ft
$576/Sq Ft Est. Value

Last Sold April 08, 2014

Last sale price $535,000 $402 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,022/month

1,038 Days on Market

Highlights

  • 60 Feet of Waterfront
  • First Floor Utility Room
  • Living Room
  • Deck
  • Wood Frame Window
  • 1-Story Property

About This Home

As of April 2014

Walk or ride your bike to town from this cozy, winterized, 3 bedroom 2 bath waterfront cottage just a mile from downtown Harbor Springs in Forest Beach Associatiohn. With its private drive and sidewalks, playground and tennis courts, Forest Beach is one of the best kept secrets on the Bay! Completely updated in 2006, the cottage is ready for you to move in and watch the sunsets from your patio on the beach.

Last Agent to Sell the Property

John Baker

Graham Real Estate Listed on: 04/04/2011

Last Buyer's Agent

John Baker

Graham Real Estate Listed on: 04/04/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,524

Year Built

  • Built in 1950

Lot Details

  • 60 Feet of Waterfront
  • Sprinkler System

HOA Fees

  • $133 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,330 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Wood Frame Window
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Water Views
  • Michigan Basement

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Forest Beach Assoc. Association

Listing and Financial Details

  • Assessor Parcel Number 24-16-15-15-126-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,524

Year Built

Built in 1950

Lot Details

0

HOA Fees

$133 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1950
  • Measurement Source: Agent
  • Section: 15
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Features: Built In Microwave, Cable, Ceiling Fans, Deck, Dishwasher, Dryer, Garbage Disposal, Range, Refrigerator, Sprinkler System, Washer, Wood Fireplace
  • Total Finished Sq Ft: 1330
  • Master Bedroom: Dimensions: 15 x 13, On Level: Main
  • Bedroom 2: Dimensions: 10 x 14, On Level: Main
  • Bedroom 3: Dimensions: 10 x 15, On Level: Main
  • Bedroom 4: On Level: N/A
  • Total Rooms: 8
  • Basement: Michigan
  • Dining Room: Dimensions: 11 x 14, On Level: Main
  • Kitchen: Dimensions: 15 x 10, On Level: Main
  • Family Room: Dimensions: 15 x 10, On Level: Main
  • Living Room: Dimensions: 18 x 14, On Level: Main
  • Above Grade Finished Sq Ft: 1330
  • Bathroom 1: Dimensions: Full, On Level: Main
  • Bathroom 2: Dimensions: Full, On Level: Main
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Rooms 1: Dimensions: Porch 10 x 34, On Level: Main
  • Rooms 2: On Level: N/A
  • Windows: Wood Sash

Exterior Features

  • Construction: Wood Frame/Site Built, One Story
  • Lake: Michigan
  • Roof: Asphalt Shingle
  • Waterfront Frontage: 60
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Private Ownership

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: Township
  • Water: City
  • Water Heater: Natural Gas, 52 Gal

Condo/Co-op/Association

  • Association: Forest Beach Assoc.
  • Association: Yes
  • Fees: 1600
  • Other Association Fees: 1600/year

Schools

  • School District: Harbor Springs

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 24-16-15-15-126-015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2024
Sold by
Hylant Sandra M
Bought by
Hylant Jeanne Y and Jeanne Y Hylant Trust
Current Estimated Value
$767,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$992,372
Interest Rate
6.32%
Mortgage Type
Mortgage Modification
Estimated Equity
-$226,039

Purchase Details

Closed on
Oct 5, 2024
Sold by
Hylant Clare C and Clare C Hylant Revocable Trust
Bought by
Hylant Jeanne Y and Jeanne Y Hylant Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$992,372
Interest Rate
6.32%
Mortgage Type
Mortgage Modification
Estimated Equity
-$226,039

Purchase Details

Listed on
Apr 4, 2011
Closed on
Apr 7, 2014
Bought by
Hylant Clare C and Clare C Hylant Rev Trust Dated 3/12/01
Seller's Agent
John Baker
Graham Real Estate
Buyer's Agent
John Baker
Graham Real Estate
List Price
$725,000
Sold Price
$535,000
Premium/Discount to List
-$190,000
-26.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.21%
Original Mortgage
$356,650
Interest Rate
4.5%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 16, 2012
Sold by
Trust Company Of Toledo Na
Bought by
Morehead Property Llc

Purchase Details

Closed on
May 26, 2005
Bought by
Hylant Ann M Idit #1-Morehead Prop

Purchase Details

Closed on
Sep 22, 1997
Sold by
Morehead Alberta
Bought by
Morehead Alberta Trustee

Purchase Details

Closed on
Oct 1, 1980
Bought by
Morehead
Source: Public Records

Range of Values:

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Average Value
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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
Hylant Jeanne Y $335,000 --
Hylant Jeanne Y $335,000 --
Hylant Jeanne Y -- --
Hylant Clare C -- --
Morehead Property Llc $350,000 --
Hylant Ann M Idit #1-Morehead Prop $227,100 --
Trust Co Of Toledo, Na -- --
Morehead Alberta Trustee -- --
Morehead -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hylant Y Jeanne Trust $1,000,000
Closed Hylant Jeanne Y $1,000,000
Previous Owner Hylant Clare C $356,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2014 04/08/14 Sold $535,000 -26.2% $402 / Sq Ft
02/05/2014 02/05/14 Pending -- -- --
04/04/2011 04/04/11 For Sale $725,000 -- $545 / 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 $8,524 $220,600 $220,600 $0
2024 $8,524 $456,300 $456,300 $0
2023 $7,794 $370,700 $370,700 $0
2022 $7,794 $279,200 $279,200 $0
2021 $7,512 $293,900 $293,900 $0
2020 $7,397 $246,400 $246,400 $0
2019 -- $224,200 $224,200 $0
2018 -- $189,000 $189,000 $0
2017 -- $201,400 $201,400 $0
2016 -- $253,100 $253,100 $0
2015 -- $253,100 $0 $0
2014 -- $226,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 429424

Northern Michigan MLS

APN: 16-15-15-126-015