NOT LISTED FOR SALE

5435 N Lake Shore Dr Harbor Springs, MI 49740

Estimated Value: $460,016 - $771,000

0.96 Acre
$647,140 Price per Acre
41,818 Sq Ft Lot

Last Sold July 10, 2014

Last sale price $237,500

Est. 162% increase in value since last sale

Current estimated payment $4,133/month

46 Days on Market

About This Lot

As of July 2014

This spectacular waterfront building site offers 150' of Lake Michigan frontage in a private association located between Good Hart and Cross Village.

Last Agent to Sell the Property

John Carr

Coldwell Banker Schmidt- Harbor Springs Listed on: 04/14/2014

Coldwell Banker Schmidt- Harbor Springs

Last Buyer's Agent

John Carr

Coldwell Banker Schmidt- Harbor Springs Listed on: 04/14/2014

Coldwell Banker Schmidt- Harbor Springs

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,302

Lot Details

  • 0.96 Acre Lot
  • Lot Dimensions are 150' x 243' x 140' x 319'
  • 150 Feet of Waterfront
  • Property is zoned RR-2

Property Views

  • Water Views

Utilities

  • Well Required
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 05-08-05-301-101

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$8,302

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Lots/Land
  • Type 2: Lot
  • Section: 5
  • Hd Approved: Unk
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Features: Electric Nearby

Exterior Features

  • Lake: Michigan
  • Waterfront Frontage: 150'
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Private Ownership

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Condo/Co-op/Association

  • Association: Yes

Schools

  • School District: Harbor Springs

Lot Info

  • Estimated Lot Dimensions: 150' x 243' x 140' x 319'
  • Estimated Number of Acres: 0.96
  • Zoning: RR-2
  • Property Description: Lake Michigan waterfront building site.
  • Deed Restrictions: Those of Record
  • Number Of Acres: Under 1
  • Percent Wooded: 90

Tax Info

  • Assessor Parcel Number: 05-08-05-301-101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2014
Closed on
Jun 30, 2014
Sold by
Meloy Richard G and Meloy Alison B
Bought by
Faustin David C and Faustin Janice A
Seller's Agent
John Carr
Coldwell Banker Schmidt- Harbor Springs
Buyer's Agent
John Carr
Coldwell Banker Schmidt- Harbor Springs
List Price
$249,000
Sold Price
$237,500
Premium/Discount to List
-$11,500
-4.62%
Current Estimated Value
$621,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,754
Avg. Annual Appreciation
9.05%
Original Mortgage
$175,000
Outstanding Balance
$135,420
Interest Rate
4.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$482,745
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
Faustin David C $237,500 Attorneys Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faustin David C $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2014 07/10/14 Sold $237,500 -4.6% --
05/30/2014 05/30/14 Pending -- -- --
04/14/2014 04/14/14 For Sale $249,000 -- --
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
2024 $8,302 $279,400 $279,400 $0
2023 $5,401 $205,000 $205,000 $0
2022 $5,401 $140,200 $140,200 $0
2021 $4,729 $120,000 $120,000 $0
2020 $4,719 $120,000 $120,000 $0
2019 -- $120,000 $120,000 $0
2018 -- $120,000 $120,000 $0
2017 -- $120,000 $120,000 $0
2016 -- $120,000 $120,000 $0
2015 -- $120,000 $0 $0
2014 -- $120,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Carr

    Seller's Agent in 2014

    John Carr

    Coldwell Banker Schmidt- Harbor Springs

    (231) 526-4000

    45 Total Sales

    John Carr
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Map

Source: Northern Michigan MLS

MLS Number: 439861

Northern Michigan MLS

APN: 05-08-05-301-101

Michigan Emmet County Harbor Springs 49740

5435 N Lake Shore Dr, Harbor Springs, MI

This home is located at 5435 N Lake Shore Dr, Harbor Springs, MI 49740 since 14 April 2014 and is currently estimated at $621,254. 5435 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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