NOT LISTED FOR SALE

5495 N Lake Shore Dr Harbor Springs, MI 49740

Estimated Value: $444,000 - $1,562,217

3 Beds
2.5 Baths
2,305 Sq Ft
$493/Sq Ft Est. Value

Last Sold July 19, 2023

Last sale price $1,662,500 $721 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $8,211/month

58 Days on Market

Highlights

  • 270 Feet of Waterfront
  • Cathedral Ceiling
  • Main Floor Primary Bedroom
  • Deck
  • Wood Flooring
  • Lower Floor Utility Room

About This Home

As of July 2023

A special find on Waganakisi Cove just north of Good Hart , this 3-bedroom 2.5-bath cottage awaits its new owners. From this private location on Lake Michigan, the home is a mere stroll from the natural allure of Conservancy Land. You'll enjoy amazing sunsets and 270 feet of beautiful sandy beach. The yard is low-maintenance. Crafted of wood, the new deck is ideal for the grill, cooler, and resident barbecuer. The home also includes a large three season screened in porch with field stone fireplace. Wide-plank hardwoods impart a warm ambiance in all major rooms and corridors. The open floor plan offers room to flex your design skills. The quiet warmth of 2 wood burning fireplaces can be found in the living room and screened in porch. The kitchen is a delicious concoction of inspiring counter space and major appliances, configured for the chef's convenience. The primary bedroom offers welcome respite at the end of the day. In addition to the convenience of the private bathroom, you will find ample closet space. There are also French Doors out to the deck overlooking the amazing view of the lake. The other 2 quiet bedrooms are a great place to turn in for the night. The unfinished basement is also a goldmine of conversion potential, whether you have in mind a rec room, guest room, studio, or a secluded home office. This custom built Evening Star Joinery Beach House is the right place at the right time for you.

Last Agent to Sell the Property

Lee Ford Walsh

Coldwell Banker Schmidt- Harbor Springs Listed on: 05/22/2023

Coldwell Banker Schmidt- Harbor Springs

Last Buyer's Agent

John Carr

Coldwell Banker Schmidt- Harbor Springs

Coldwell Banker Schmidt- Harbor Springs

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,959

Year Built

  • Built in 2002

Lot Details

  • 1.58 Acre Lot
  • 270 Feet of Waterfront

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,305 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Thermal Windows
  • Insulated Windows
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Wood Flooring
  • Water Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Range<<rangeHoodToken>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Propane
  • Well
  • Propane Water Heater
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 050805301103

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,959

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2002
  • Lvt Date: 05/22/2023
  • Section: 5
  • Second Address Number: 5495
  • Directions: State Street North to island View. Turn left on Island view take to N Lake shore and turn right Waganakisi will be on the left.
  • Price per Sq Ft: 721.26
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Features: Cable, Cathedral Ceilings, Deck, Dishwasher, Dryer, Garbage Disposal, Range, Refrigerator, Washer, Wood Fireplace, Wood Floors
  • Total Finished Sq Ft: 2305
  • Master Bedroom: Dimensions: 12'7 x 14'2, On Level: Main
  • Bedroom 2: Dimensions: 20'7 x 24'3, On Level: Lower
  • Bedroom 3: Dimensions: 17'3 x 20'7, On Level: Upper
  • Bedroom 4: On Level: N/A
  • Total Rooms: 6
  • Basement: Full
  • Dining Room: Dimensions: living rm dining combo, On Level: Main
  • Kitchen: Dimensions: 10'10 x 19'1, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 17'9 x 22'6, On Level: Main
  • Above Grade Finished Sq Ft: 2305
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Upper
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Rooms 1: Dimensions: 497ft porch enclosed, On Level: Main
  • Rooms 2: On Level: N/A
  • Windows: Thermo, Insulated

Exterior Features

  • Construction: Wood Frame/Site Built, Two Story +
  • Lake: Michigan
  • Roof: Asphalt Shingle
  • Waterfront Frontage: 270
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Private Ownership

Utilities

  • Heat Type: LP Gas
  • Sewer: Septic
  • Water: Well
  • Water Heater: Propane
  • Well Size Depth: 95 ft

Schools

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

Lot Info

  • Estimated Number of Acres: 1.58
  • Zoning: RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 050805301103

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2023
Closed on
Jul 19, 2023
Sold by
Ford Jeffrey S and Ford James W
Bought by
Gilboe William J and Gilboe Nancy W
Seller's Agent
Lee Ford Walsh
Coldwell Banker Schmidt- Harbor Springs
Buyer's Agent
John Carr
Coldwell Banker Schmidt- Harbor Springs
List Price
$1,695,000
Sold Price
$1,662,500
Premium/Discount to List
-$32,500
-1.92%
Views
180
Current Estimated Value
$1,137,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$525,428
Avg. Annual Appreciation
-18.88%

Purchase Details

Listed on
May 22, 2023
Closed on
Jul 17, 2023
Sold by
Ford Jeffrey S
Bought by
Gilboe William J and Gilboe Nancy W
Seller's Agent
Lee Ford Walsh
Coldwell Banker Schmidt- Harbor Springs
Buyer's Agent
John Carr
Coldwell Banker Schmidt- Harbor Springs
List Price
$1,695,000
Sold Price
$1,662,500
Premium/Discount to List
-$32,500
-1.92%
Views
180

Purchase Details

Closed on
Dec 7, 2009
Sold by
Meloy Richard G and Meloy Richard Gillette
Bought by
Booth Miller Dorothy and Dorothy Booth Miller Revocable Trust Uad

Purchase Details

Closed on
Nov 30, 2007
Sold by
Booth Miller Dorothy
Bought by
Ford Jeffrey Sloane and Ford James Warren

Purchase Details

Closed on
Oct 30, 1998
Sold by
Meloy Richard G
Bought by
Miller Dorothy Booth
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
Gilboe William J -- Attorney'S Title
Gilboe William J -- --
Booth Miller Dorothy $390,000 --
Ford Jeffrey Sloane -- --
Miller Dorothy Booth $390,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2023 07/19/23 Sold $1,662,500 -1.9% $721 / Sq Ft
05/22/2023 05/22/23 For Sale $1,695,000 -- $735 / 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
2024 $22,959 $590,700 $590,700 $0
2023 $10,670 $380,800 $380,800 $0
2022 $10,670 $344,200 $344,200 $0
2021 $10,299 $317,400 $317,400 $0
2020 $10,135 $319,600 $319,600 $0
2019 -- $314,900 $314,900 $0
2018 -- $260,400 $260,400 $0
2017 -- $262,800 $262,800 $0
2016 -- $252,700 $252,700 $0
2015 -- $252,300 $0 $0
2014 -- $235,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 471084

Northern Michigan MLS

APN: 05-08-05-301-103