NOT LISTED FOR SALE

540 W Lake #6 Update, MI 48763

Estimated Value: $298,253 - $473,000

2 Beds
2 Baths
1,800 Sq Ft
$191/Sq Ft Est. Value

About This Home

This home is located at 540 W Lake #6, Update, MI 48763 and is currently estimated at $343,563, approximately $190 per square foot. 540 W Lake #6 is a home located in Iosco County with nearby schools including Clara B. Bolen Elementary School, Tawas Area Middle School, and Tawas Area High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2015
Sold by
Sharma Devendra and Sharma Barbara
Bought by
Kahn Jeffrey C and Hartless Nora M
Current Estimated Value
$343,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,600
Outstanding Balance
$128,624
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$209,288

Purchase Details

Closed on
Nov 29, 2012
Sold by
Towne Square Llc
Bought by
Sharma Devendra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
3.36%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Kahn Jeffrey C $187,000 Attorney
Sharma Devendra $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kahn Jeffrey C $161,600
Previous Owner Sharma Devendra $190,000
Source: Public Records

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 $4,079 $139,700 $139,700 $0
2024 $3,724 $107,100 $0 $0
2023 $3,114 $107,600 $107,600 $0
2022 $3,465 $97,900 $97,900 $0
2021 $3,324 $93,300 $93,300 $0
2020 $3,366 $98,500 $98,500 $0
2019 $3,307 $93,500 $93,500 $0
2018 $1,584 $95,000 $95,000 $0
2017 $3,276 $94,400 $94,400 $0
2016 $3,140 $94,400 $0 $0
2015 -- $92,600 $0 $0
2014 -- $92,500 $0 $0
2013 -- $87,900 $0 $0
Source: Public Records

Map

Michigan Iosco County Tawas City 48763

540 W Lake #6, Tawas City, MI

This home is located at 540 W Lake #6, Update, MI 48763 and is currently estimated at $343,563, approximately $190 per square foot. 540 W Lake #6 is a home located in Iosco County with nearby schools including Clara B. Bolen Elementary School, Tawas Area Middle School, and Tawas Area High School.

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