NOT LISTED FOR SALE

5275 N Lake Shore Dr Harbor Springs, MI 49740

Estimated Value: $698,000 - $3,556,000

4 Beds
2.5 Baths
3,495 Sq Ft
$641/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $2,550,000 $730 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $14,173/month

115 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Radiant Floor
  • Main Floor Primary Bedroom
  • Deck
  • Cathedral Ceiling
  • Lower Floor Utility Room

About This Home

As of December 2021

Architecture buffs will love the clean lines of this Lake Michigan beach house nestled among the crooked trees on the low dune. Expertly re-built, the home offers unique features and upgraded finishes, a lovely, secluded location, and panoramic, deep-water views. Enjoy sunsets year-round, whether from the floor-to- ceiling windows, relaxing on one of 3 decks, or walking miles of quiet beach. Please see Listing Agent for more information about home.

Last Agent to Sell the Property

Kevin Olson

Graham Real Estate Listed on: 07/30/2021

Last Buyer's Agent

Kevin Olson

Graham Real Estate Listed on: 07/30/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,147

Lot Details

  • 3.3 Acre Lot
  • Lot Dimensions are 200x619
  • 200 Feet of Waterfront

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 3,495 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Thermal Windows
  • Low Emissivity Windows
  • Insulated Windows
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Water Views

Kitchen

  • Range<<rangeHoodToken>>
  • Dishwasher

Flooring

  • Wood
  • Radiant Floor

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Baseboard Heater
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 05-08-05-300-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,147

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 07/30/2021
  • Measurement Source: Appraiser
  • Section: 5
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Cathedral Ceilings, Central Air, Deck, Dishwasher, Dryer, Patio, Range, Refrigerator, Washer, Wood Fireplace, Wood Floors
  • Total Finished Sq Ft: 3495
  • Master Bedroom: Dimensions: 14’x13', On Level: Main
  • Bedroom 2: Dimensions: 16’x14', On Level: Lower
  • Bedroom 3: Dimensions: 14’x13', On Level: Lower
  • Bedroom 4: Dimensions: 19’x12', On Level: Lower
  • Total Rooms: 8
  • Dining Room: Dimensions: 16’x13', On Level: Main
  • Kitchen: Dimensions: 13’x13', On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 31’5”x21', On Level: Main
  • Above Grade Finished Sq Ft: 3495
  • Bathroom 1: Dimensions: 15’x12’ Master, On Level: Main
  • Bathroom 2: Dimensions: 11’x6', On Level: Lower
  • Number Of Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Thermo, Insulated, Low E

Exterior Features

  • Construction: Wood Frame/Site Built, Two Story +
  • Lake: Michigan
  • Roof: Asphalt Shingle
  • Waterfront Frontage: 200
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Private Ownership

Garage/Parking

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

Utilities

  • Heat Type: Forced Air, LP Gas, Hot Water Baseboard, In Floor Heating
  • Sewer: Septic
  • Water: Well
  • Water Heater: Electric

Schools

  • School District: Harbor Springs

Lot Info

  • Estimated Lot Dimensions: 200x619
  • Estimated Number of Acres: 3.3
  • Lot: Y
  • Zoning: Res

Tax Info

  • Assessor Parcel Number: 05-08-05-300-005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Dec 10, 2021
Sold by
Dowd Patrick T
Bought by
Lake Shore Trust
Seller's Agent
Kevin Olson
Graham Real Estate
Buyer's Agent
Kevin Olson
Graham Real Estate
List Price
$2,750,000
Sold Price
$2,550,000
Premium/Discount to List
-$200,000
-7.27%
Current Estimated Value
$2,240,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$309,202
Avg. Annual Appreciation
-4.27%

Purchase Details

Closed on
Nov 7, 2007
Sold by
Sowash Laurence J and Sowash Diane M
Bought by
Dowd Patrick T and Dowd Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.47%

Purchase Details

Closed on
Apr 27, 2000
Sold by
Thomas Dwight and Thomas Carol
Bought by
Sowash Laurence J and Sowash Diane M

Purchase Details

Closed on
Dec 1, 1995
Bought by
Thomas Pta

Purchase Details

Closed on
Aug 1, 1988
Sold by
Glass Wd L453 P251
Bought by
Winter

Purchase Details

Closed on
Jul 1, 1986
Sold by
Anderson Wd L453 P250
Bought by
Glass Vacant Rps
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
Lake Shore Trust -- --
Dowd Patrick T $817,000 --
Sowash Laurence J $435,000 --
Thomas Pta $250,000 --
Winter -- --
Glass Vacant Rps $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dowd Patrick T $800,000
Previous Owner Dowd Patrick D $417,000
Previous Owner Dowd Patrick T $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $2,550,000 -5.6% $730 / Sq Ft
10/14/2021 10/14/21 Price Changed $2,700,000 -1.8% $773 / Sq Ft
07/30/2021 07/30/21 For Sale $2,750,000 -- $787 / 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
2024 $21,147 $850,800 $850,800 $0
2023 $19,503 $545,600 $545,600 $0
2022 $19,503 $493,500 $493,500 $0
2021 $7,471 $372,100 $372,100 $0
2020 $7,343 $374,600 $374,600 $0
2019 -- $368,300 $368,300 $0
2018 -- $306,900 $306,900 $0
2017 -- $309,900 $309,900 $0
2016 -- $287,200 $287,200 $0
2015 -- $286,700 $0 $0
2014 -- $276,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kevin Olson

    Seller's Agent in 2021

    Kevin Olson

    Graham Real Estate

    (231) 881-7303

    109 Total Sales

    Kevin Olson
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Map

Source: Northern Michigan MLS

MLS Number: 466022

Northern Michigan MLS

APN: 05-08-05-300-005

Michigan Emmet County Harbor Springs 49740

5275 N Lake Shore Dr, Harbor Springs, MI

This home is located at 5275 N Lake Shore Dr, Harbor Springs, MI 49740 since 30 July 2021 and is currently estimated at $2,240,798, approximately $641 per square foot. 5275 N Lake Shore Dr is a home located in Emmet County with nearby schools including Harbor Springs High School, Harbor Springs Middle School, and Shay Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Michigan MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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