NOT LISTED FOR SALE

5574 Lower Shore Dr Harbor Springs, MI 49740

Estimated Value: $1,787,000 - $3,964,000

1 Acre
$2,732,756 Price per Acre
43,560 Sq Ft Lot

Last Sold August 28, 2020

Last sale price $530,000

Est. 416% increase in value since last sale

Current estimated payment $18,310/month

1,117 Days on Market

Highlights

  • 150 Feet of Waterfront
  • Landscaped with Trees
  • Level Lot

About This Lot

As of August 2020

Not many building lots left on Lake Michigan so close to Harbor Springs! Located on Lower Shore Drive with 150 ft. on beach with breathtaking views of Lake Michigan! Great wooded building site that is close to the water so you will always enjoy the peaceful sound of the waves. The perfect place for your new cottage!

Last Agent to Sell the Property

Jan Parsons

Graham Real Estate Listed on: 06/26/2017

Last Buyer's Agent

See agt remarks Non Member Emmet

Emmet Association of Realtors

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $41,040

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 150x327x129x296
  • 150 Feet of Waterfront
  • Level Lot
  • Landscaped with Trees

Utilities

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

Additional Features

  • Water Views
  • Mineral Rights

Community Details

  • Property has a Home Owners Association
  • Woodland Trail Association

Listing and Financial Details

  • Assessor Parcel Number 16-12-32-351-004

Property Details

Property Type

Land

Est. Annual Taxes

$41,040

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Lots/Land
  • Type 2: Lot
  • Lvt Date: 06/28/2017
  • Section: 32
  • S E V Yr: 271,200
  • Road Access: Lower Shore Dr
  • Road Frontage Feet: 128
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Features: Electric, Phone, Hard Wood, Mixed Trees, Natural Gas, Under Ground Utilities, Mineral Rights

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: Woodland Trail
  • Association: Yes

Schools

  • School District: Harbor Springs

Lot Info

  • Estimated Lot Dimensions: 150x327x129x296
  • Estimated Number of Acres: 1
  • Lot: Y
  • Zoning: Residential
  • Number Of Acres: 1 - 2
  • Percent Wooded: 90
  • Terrain: Level

Tax Info

  • Assessor Parcel Number: 16-12-32-351-004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2017
Closed on
Aug 27, 2020
Sold by
Betts Martha A
Bought by
Marsh Gretchen Moran Trust
Seller's Agent
Jan Parsons
Graham Real Estate
Buyer's Agent
See agt remarks Non Member Emmet
Emmet Association of Realtors
List Price
$595,000
Sold Price
$530,000
Premium/Discount to List
-$65,000
-10.92%
Current Estimated Value
$2,732,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,202,756
Avg. Annual Appreciation
38.14%

Purchase Details

Closed on
Feb 1, 1997
Bought by
Betts
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
Marsh Gretchen Moran Trust -- --
Betts -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $530,000 -8.6% --
12/21/2018 12/21/18 Price Changed $580,000 -2.5% --
06/26/2017 06/26/17 For Sale $595,000 -- --
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 $41,040 $1,454,000 $1,454,000 $0
2024 $41,040 $1,425,900 $1,425,900 $0
2023 $12,357 $972,900 $972,900 $0
2022 $12,357 $327,500 $327,500 $0
2021 $9,748 $259,500 $259,500 $0
2020 $8,813 $241,100 $241,100 $0
2019 -- $293,400 $293,400 $0
2018 -- $235,100 $235,100 $0
2017 -- $271,200 $271,200 $0
2016 -- $218,600 $218,600 $0
2015 -- $218,600 $0 $0
2014 -- $218,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jan Parsons

    Graham Real Estate

  • S

    Buyer's Agent in 2020

    See agt remarks Non Member Emmet

    Emmet Association of Realtors

See All Agents

Map

Source: Northern Michigan MLS

MLS Number: 452415

Northern Michigan MLS

APN: 16-12-32-351-004

Michigan Emmet County Harbor Springs 49740

5574 Lower Shore Dr, Harbor Springs, MI

This home is located at 5574 Lower Shore Dr, Harbor Springs, MI 49740 since 26 June 2017 and is currently estimated at $2,732,756. 5574 Lower 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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