NOT LISTED FOR SALE

5409 Lower Shore Dr Harbor Springs, MI 49740

Estimated Value: $49,000 - $102,000

1 Acre
$80,250 Price per Acre
43,560 Sq Ft Lot

Last Sold January 21, 2021

Last sale price $55,500

Est. 45% increase in value since last sale

Current estimated payment $522/month

101 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Landscaped with Trees
  • Gentle Sloping Lot

About This Lot

As of January 2021

Build your new home on this nicely wooded building site with deeded Lake Michigan beach access. Set on Lower Shore Drive and only a few minutes from downtown Harbor Springs. The building area is already cleared and the lot is deep, allowing for privacy and a nice yard.

Last Agent to Sell the Property

Will Baker

Graham Real Estate License #6501367286 Listed on: 09/28/2020

Last Buyer's Agent

Drew Bartlett

Graham Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,014

Lot Details

  • 1 Acre Lot
  • 200 Feet of Waterfront
  • Gentle Sloping Lot
  • Landscaped with Trees

Outdoor Features

  • Water Access

Utilities

  • Underground Utilities
  • Well Required
  • Septic Needed
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 16-12-31-205-009

Property Details

Property Type

Land

Est. Annual Taxes

$1,014

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Lots/Land
  • Type 2: Lot
  • Lvt Date: 09/28/2020
  • Section: 31
  • Hd Approved: Yes
  • Road Access: Lower Shore
  • Road Frontage Feet: 150
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Features: Electric, Phone, Mixed Trees, Cable TV, Under Ground Utilities

Exterior Features

  • Lake: Michigan
  • Waterfront Frontage: 200
  • Waterfront Water Access: Water Access
  • Wf Wa Ownership Type: Deeded and Shared Ownership

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Schools

  • School District: Harbor Springs

Lot Info

  • Estimated Number of Acres: 1
  • Zoning: Residential
  • Number Of Acres: 1 - 2
  • Percent Wooded: 40
  • Terrain: Gently Rolling

Tax Info

  • Assessor Parcel Number: 16-12-31-205-009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2020
Closed on
Feb 8, 2021
Sold by
Lafontaine Joncie Lynn
Bought by
Mccormick Brian and Mccormick Erin
Seller's Agent
Will Baker
Graham Real Estate
Buyer's Agent
Drew Bartlett
Graham Real Estate
List Price
$64,000
Sold Price
$55,500
Premium/Discount to List
-$8,500
-13.28%
Current Estimated Value
$80,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,750
Avg. Annual Appreciation
8.35%
Original Mortgage
$44,400
Outstanding Balance
$40,165
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$40,085

Purchase Details

Listed on
Jan 9, 2015
Closed on
Dec 11, 2017
Sold by
Chemical Bank
Bought by
Lafontaine Joncie Lynn
Seller's Agent
Gill Whitman
Berkshire Hathaway HomeServices Michigan Real Estate - HS
Buyer's Agent
Susan Schwaderer
Coldwell Banker Schmidt- Harbor Springs
List Price
$56,000
Sold Price
$18,750
Premium/Discount to List
-$37,250
-66.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.76%

Purchase Details

Closed on
Jul 15, 2005
Sold by
Seltenright Thomas W and Seltenright Laurie J
Bought by
Adams Jerry W and Trusts Judith D

Purchase Details

Closed on
Dec 1, 2000
Sold by
Bragg Dominic C
Bought by
Seltenright Thomas W and Seltenright Laurie J

Purchase Details

Closed on
May 13, 1998
Sold by
Busuttil Peter and Busuttil Sharon
Bought by
Bragg Dominic C

Purchase Details

Closed on
Sep 1, 1988
Sold by
Cottrill Wd L450 P687
Bought by
Busuttil Wd L490 P14
Source: Public Records

Range of Values:

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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
Mccormick Brian $55,500 --
Lafontaine Joncie Lynn $18,750 Ata National Title
Adams Jerry W $95,000 --
Seltenright Thomas W $65,000 --
Bragg Dominic C $62,500 --
Busuttil Wd L490 P14 $19,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccormick Brian $44,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2021 01/21/21 Sold $55,500 -13.3% --
09/28/2020 09/28/20 For Sale $64,000 +241.3% --
12/12/2017 12/12/17 Sold $18,750 -66.5% --
11/08/2017 11/08/17 Pending -- -- --
01/09/2015 01/09/15 For Sale $56,000 -- --
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 $1,014 $27,800 $27,800 $0
2024 $1,014 $27,100 $27,100 $0
2023 $1,155 $26,100 $26,100 $0
2022 $1,155 $30,600 $30,600 $0
2021 $1,280 $40,500 $40,500 $0
2020 $1,260 $33,600 $33,600 $0
2019 -- $37,500 $37,500 $0
2018 -- $37,500 $37,500 $0
2017 -- $37,800 $37,800 $0
2016 -- $37,800 $37,800 $0
2015 -- $37,800 $0 $0
2014 -- $37,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 463379

Northern Michigan MLS

APN: 16-12-31-205-009