NOT LISTED FOR SALE

5417 Lower Shore Dr Harbor Springs, MI 49740

Estimated Value: $96,000 - $261,000

1 Acre
$178,500 Price per Acre
43,560 Sq Ft Lot

Last Sold December 19, 2017

Last sale price $18,750

Est. 852% increase in value since last sale

Current estimated payment $1,023/month

Highlights

  • Water Access
  • Landscaped with Trees
  • Gentle Sloping Lot
  • Harbor Springs High School Rated 9+

About This Lot

As of December 2017

Wonderful partially wooded building site situated on desirable Lower Shore Drive in Harbor Springs. Enjoy 2 deeded beach access points to Lake Michigan. Great location conveniently located close to downtown Harbor Springs shopping and dining and near area golf and skiing. (3) Lots being offered together for a package price of $69,900.00

Last Agent to Sell the Property

Gill Whitman

Berkshire Hathaway HomeServices Michigan Real Estate - HS Listed on: 01/09/2015

Berkshire Hathaway HomeServices Michigan Real Estate - HS

Last Buyer's Agent

Susan Schwaderer

Coldwell Banker Schmidt- Harbor Springs License #6501515743

Coldwell Banker Schmidt- Harbor Springs

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,070

Lot Details

  • 1 Acre Lot
  • Gentle Sloping Lot
  • Landscaped with Trees

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 16-12-31-205-011

Community Details

Overview

  • Property has a Home Owners Association
  • 7 Mi Pt Shrs (Harbor Springs) Association

Recreation

  • Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,070

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Lots/Land
  • Type 2: Lot
  • Section: 31
  • S E V Yr: 37,800 / 2013
  • Hd Approved: Y
  • Road Access: Lower Shore DR
  • Road Frontage Feet: 150
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

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

Exterior Features

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

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Condo/Co-op/Association

  • Association: 7 Mi Pt Shrs (Harbor Springs)
  • Association: Yes

Lot Info

  • Estimated Lot Dimensions: 150 x250 irr.
  • Estimated Number of Acres: 1
  • Lot: Y
  • Zoning: Residential
  • Deed Restrictions: Of Record
  • Number Of Acres: 1 - 2
  • Percent Wooded: 25%
  • Terrain: Gently Rolling

Tax Info

  • Assessor Parcel Number: 16-12-31-205-011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2015
Closed on
Dec 18, 2017
Sold by
Chemical Bank
Bought by
Dev Properties Llc
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%
Current Estimated Value
$178,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,750
Avg. Annual Appreciation
33.20%
Original Mortgage
$28,125
Outstanding Balance
$23,667
Interest Rate
3.92%
Mortgage Type
Unknown
Estimated Equity
$154,833

Purchase Details

Closed on
Aug 1, 1988
Bought by
Adams
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
Dev Properties Llc $37,500 Ata National Title
Adams -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dev Properties Llc $28,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2017 12/19/17 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 $1,070 $30,700 $30,700 $0
2024 $1,070 $28,600 $28,600 $0
2023 $1,155 $28,400 $28,400 $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 -- $45,900 $45,900 $0
2016 -- $45,900 $45,900 $0
2015 -- $45,900 $0 $0
2014 -- $45,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gill Whitman

    Seller's Agent in 2017

    Gill Whitman

    Berkshire Hathaway HomeServices Michigan Real Estate - HS

    (231) 620-1856

    47 in this area

    79 Total Sales

    Gill Whitman
    Section Image

  • S

    Buyer's Agent in 2017

    Susan Schwaderer

    Coldwell Banker Schmidt- Harbor Springs

    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 443076

Northern Michigan MLS

APN: 16-12-31-205-011

Michigan Emmet County Harbor Springs 49740

5417 Lower Shore Dr, Harbor Springs, MI

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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