NOT LISTED FOR SALE

545 E Bay St Unit 1 Harbor Springs, MI 49740

Estimated Value: $567,000 - $751,821

2 Beds
1 Bath
965 Sq Ft
$224/mo HOA Fee

Last Sold March 29, 2019

Last sale price $250,000 $259 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $4,347/month

395 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • 1 Car Attached Garage
  • Harbor Springs High School Rated 9+
  • First Floor Utility Room
  • 2-minute walk to Zoll Street Park

About This Home

As of March 2019

This is a very well maintained condo in downtown Harbor Springs. The many upgrades include granite counter tops, a stainless Viking range and refrigerator and newer carpeting with hardwood floors underneath. Adding to the charm and appeal are an outdoor flagstone patio, perfect for entertaining, and an attached garage. There is also a detached designated carport. This is a marvelous Harbor Springs retreat that affords easy upkeep, privacy, and is only short walk to the downtown shops and restaurants. *** The association dues are $671.71 per quarter, plus a special assessment of $419.82 per quarter for a total of $1091.33 per quarter.

Last Agent to Sell the Property

Melissa Marchand Harrison

Melissa Marchand Realty Listed on: 01/12/2018

Last Buyer's Agent

Non member Emmet

Emmet Association of Realtors

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,394

Year Built

  • Built in 1978

HOA Fees

  • $224 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 965 Sq Ft Home
  • Gas Fireplace
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Detached Carport Space
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Bay Springs Association

Listing and Financial Details

  • Assessor Parcel Number 51-15-13-277-101

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,394

Year Built

Built in 1978

Lot Details

0

HOA Fees

$224 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1978
  • Lvt Date: 01/12/2018
  • Section: 13
  • Second Address Number: 545
  • Directions: Use the center driveway. The front door is to the left, set back, and towards the west lawn.
  • Price per Sq Ft: 259.07
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1978

Interior Features

  • Features: Built In Microwave, Cable, Central Air, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace, Patio, Paved Drive, Range, Refrigerator, Washer, Wood Floors
  • Total Finished Sq Ft: 965
  • Master Bedroom: Dimensions: 15 x 11, On Level: Main
  • Bedroom 2: Dimensions: 11 x 9.5, On Level: Main
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Total Rooms: 5
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: N/A
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 965
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: N/A
  • Number Of Bedrooms: 2
  • Full Bathrooms: 1
  • Rooms 1: On Level: Main
  • Rooms 2: On Level: Main

Exterior Features

  • Construction: Wood Frame/Site Built
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

  • Garage Carport: Garage-Attached, Carport-Detached
  • Gar Car Capacity: One

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: City
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Association: Bay Springs
  • Association: Yes
  • Condo Unit Number: 1
  • Condo: Yes
  • Fees: 671.7
  • Other Association Fees: $419.82 Q

Schools

  • School District: Harbor Springs
  • School District: Harbor Springs

Lot Info

  • Zoning: R

Tax Info

  • Assessor Parcel Number: 51-15-13-277-101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2018
Closed on
Mar 29, 2019
Sold by
Phyllis J Morrison T
Bought by
Fortinberry Charles L and Fortinberry Lauren
Seller's Agent
Melissa Marchand Harrison
Melissa Marchand Realty
Buyer's Agent
Non member Emmet
Emmet Association of Realtors
List Price
$320,000
Sold Price
$250,000
Premium/Discount to List
-$70,000
-21.88%
Current Estimated Value
$668,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,607
Avg. Annual Appreciation
16.13%

Purchase Details

Closed on
Mar 22, 2017
Sold by
Morrison Phyllis J
Bought by
Morrison Phyllis J and Phyllis J Morrison Trust

Purchase Details

Closed on
Aug 28, 2012
Sold by
Nash Mary G
Bought by
Morrison Phyllis J

Purchase Details

Closed on
Apr 16, 2009
Sold by
Oldani Francis A and Oldani Susan L
Bought by
Nash Mary G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
4.65%

Purchase Details

Closed on
Sep 27, 2002
Bought by
Oldani Francis A and Oldani Susan L

Purchase Details

Closed on
Dec 15, 2000
Sold by
Sears Ronald and Sears Florence G
Bought by
Turner Roanld K Trust

Purchase Details

Closed on
Sep 18, 2000
Sold by
Serba Ronald
Bought by
Sears Ronald and Sears Florence G

Purchase Details

Closed on
Apr 1, 1990
Bought by
Serba

Purchase Details

Closed on
Nov 1, 1981
Bought by
Halls

Purchase Details

Closed on
Oct 1, 1980
Bought by
Mcgee
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
Fortinberry Charles L $250,000 Talon Group
Morrison Phyllis J -- None Available
Morrison Phyllis J -- --
Nash Mary G -- --
Oldani Francis A $299,000 --
Turner Roanld K Trust $262,500 --
Sears Ronald $250,000 --
Serba -- --
Halls -- --
Mcgee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nash Mary G $201,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2019 03/29/19 Sold $250,000 -21.9% $259 / Sq Ft
01/12/2018 01/12/18 For Sale $320,000 -- $332 / 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
2025 $7,394 $266,200 $266,200 $0
2024 $7,394 $244,600 $244,600 $0
2023 $6,613 $206,700 $206,700 $0
2022 $6,613 $157,100 $157,100 $0
2021 $6,385 $148,200 $148,200 $0
2020 $6,479 $150,100 $150,100 $0
2019 $5,069 $143,400 $143,400 $0
2018 -- $130,400 $130,400 $0
2017 -- $128,100 $128,100 $0
2016 -- $125,900 $125,900 $0
2015 -- $120,100 $0 $0
2014 $4,339 $137,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 454004

Northern Michigan MLS

APN: 51-15-13-277-101