NOT LISTED FOR SALE

525 Lakewood Dr East Tawas, MI 48730

Estimated Value: $202,000 - $237,360

2 Beds
1 Bath
936 Sq Ft
$232/Sq Ft Est. Value

Last Sold November 26, 2018

Last sale price $87,000 $93 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $1,304/month

81 Days on Market

Highlights

  • Private Waterfront
  • Deck
  • 3 Car Detached Garage
  • Deeded Waterfront Access Rights
  • Ranch Style House
  • Porch

About This Home

As of November 2018

Perfect starter home or up-north cottage. Move-In conditions with access to the best fishing in the Tawas Area. This home has an open floor plan with a large deck off the living room, and one off the back of the home with a side walk to the huge 3 car garage this is finished and heated on one end and finished and garage door openers on the other end. Black top drive, nicely landscaped. This area is quiet and nice for walking and biking. Close to downtown East Tawas for shopping, and close to Lake Huron.

Last Agent to Sell the Property

Bonnie Ulman

TAWAS SUNSHINE REALTY Listed on: 07/27/2018

Last Buyer's Agent

LORI KEISLER

TAWAS SUNSHINE REALTY License #6501400205

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,692

Year Built

  • Built in 1962

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 68 x 325
  • Private Waterfront
  • 68 Feet of Waterfront
  • Landscaped
  • Level Lot
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 936 Sq Ft Home
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Detached Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Community Details

  • Tawas Lake Park Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,692

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1962
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 17
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1962

Interior Features

  • Appliances Equipment: Dishwasher, Microwave, Washer, Dryer, Wall Oven, Cook Top, Ceiling Fan, Natural Gas Water Heater
  • Interior Amenities: Island Kitchen, Drywall
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 13x9, Flooring: Carpet
  • Bedroom 2: Dimensions: 13x9, Flooring: Carpet
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 16x9, Flooring: Vinyl
  • Living Room: Dimensions: 18x16, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 936
  • Estimated Below Grade Unfinished Sq Ft: 936
  • Price Per Sq Ft: 92.95
  • Range: R 8E
  • Total Finished Sf Apx: 936

Exterior Features

  • Body Of Water: Tawas Lake
  • Exterior Features: Deck, Sidewalk, Landscaped, Porch
  • Exterior Finish: Wood
  • Foundation: Crawl Space
  • Number Of Acres: 0.5
  • Road: Public Maintained
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, Vegetation to Water Edge
  • Waterfront Frontage: 68

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 3
  • Primary Garage: Detached, Door Opener, Paved Driveway, Heated, Finished Rooms, Plumbing, Concrete Floors

Utilities

  • Heating Cooling Types: Forced Air
  • Laundry: Dimensions: 9x5, On Level: Main Floor, Flooring: Vinyl
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Dish TV
  • Water: Municipal

Association/Amenities

  • Development Name: Tawas Lake Park

Schools

  • School District: Tawas Area Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level
  • Lot Dimensions: 68 x 325
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

Tax Info

  • Summer Taxes: $1,501.49
  • Total Taxes: 1692.34
  • Winter Taxes: $190.85
  • Year Summer: 2018
  • Year Winter: 2017

MLS Schools

  • School District: Tawas Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2018
Closed on
Nov 28, 2018
Sold by
Clark Theresa A
Bought by
Babcock Debbie A and Barbier Truman F
Seller's Agent
Bonnie Ulman
TAWAS SUNSHINE REALTY
Buyer's Agent
LORI KEISLER
TAWAS SUNSHINE REALTY
List Price
$89,900
Sold Price
$87,000
Premium/Discount to List
-$2,900
-3.23%
Current Estimated Value
$202,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,481
Avg. Annual Appreciation
14.55%
Original Mortgage
$50,000
Outstanding Balance
$44,057
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$173,033

Purchase Details

Closed on
Aug 15, 2012
Sold by
Charles Clark Theresa A and Charles Clark
Bought by
Clark Theresa A and Clark Theresa A Trust Agreemen
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
Babcock Debbie A $87,000 --
Clark Theresa A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Babcock Debbie A $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2018 11/26/18 Sold $87,000 -3.2% $93 / Sq Ft
07/27/2018 07/27/18 For Sale $89,900 -- $96 / 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 $2,413 $113,600 $113,600 $0
2024 $2,195 $84,800 $0 $0
2023 $1,827 $84,900 $84,900 $0
2022 $2,042 $64,000 $64,000 $0
2021 $1,978 $57,900 $57,900 $0
2020 $1,908 $56,000 $56,000 $0
2019 $1,873 $54,000 $54,000 $0
2018 $1,723 $50,800 $50,800 $0
2017 $1,657 $62,000 $62,000 $0
2016 $1,611 $62,000 $0 $0
2015 -- $58,400 $0 $0
2014 -- $55,200 $0 $0
2013 -- $56,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1850527

Northern Great Lakes REALTORS® MLS

APN: 121-T60-000-096-00