NOT LISTED FOR SALE

575 E Bay St Unit 11 Harbor Springs, MI 49740

Estimated Value: $702,000 - $1,148,685

2 Beds
2 Baths
975 Sq Ft
$533/mo HOA Fee

Last Sold October 02, 2023

Last sale price $779,000 $799 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,991/month

215 Days on Market

Highlights

  • Cathedral Ceiling
  • Wood Frame Window
  • Double Pane Windows
  • Main Floor Primary Bedroom
  • 1 Car Detached Garage
  • 1-minute walk to Zoll Street Park

About This Home

As of October 2023

Elevate your Harbor Springs experience with this charming, yet modern, storybook cottage home! The 2-bedroom, 2-bath cottage is decorated with beautiful furnishings and finishes, making every inch of its space a dreamy place to gather. The cottage is situated in the only small home neighborhood and is as unique a rental home as Harbor Springs has to offer. First built Bay Street Cottage that faces south to an open square with a huge pine tree and is sun drenched with light. Nestled in the middle of two cottages and is protected from the street activity and comings and goings of the parking lot and garages. This craftsman style cottage offers extraordinary details and finishes, a surround sound system, and is outfitted with Sub Zero and Miele appliances, Waterworks plumbing fixtures, granite surfaces and custom cabinets. The floors are reclaimed wide plank white oak and there is extensive millwork throughout the home. It features a beautifully landscaped courtyard with flower boxes and mature landscape elements. A backyard patio area can be added and will provide unique BBQ options. Thanks to the home's prime location, taking a stroll downtown for dinner and drinks is a breeze! There is only one cottage like #11.

Last Agent to Sell the Property

Slava Mykhayls

Graham Real Estate Listed on: 03/01/2023

Co-Listed By

Nate Graham

Graham Real Estate

Last Buyer's Agent

Will Baker

Graham Real Estate License #6501367286

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,988

Year Built

  • Built in 2004

HOA Fees

  • $533 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 975 Sq Ft Home
  • Cathedral Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Blinds
  • Wood Frame Window
  • Living Room
  • Dining Room
  • Crawl Space

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • Bay St. Cottages Association

Listing and Financial Details

  • Assessor Parcel Number 51-15-13-265-111

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,988

Year Built

Built in 2004

Lot Details

0

HOA Fees

$533 per month

Listing Details

  • Class: RESIDENTIAL, RESIDENTIAL
  • Type: Residential, Residential
  • Estimated Year Built: 2004, 2004
  • Lvt Date: 03/07/2023, 03/07/2023
  • Section: 13, 13
  • Second Address Number: 575, 575
  • Directions: On the corner of Zoll and Bay St., On the corner of Zoll and Bay St.
  • Price per Sq Ft: 798.97, 798.97
  • OFFICELIST_STATE: MI, MI
  • Street Designation: Street, Street
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2004

Interior Features

  • Features: Cathedral Ceilings, Central Air, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace, Mini Blinds, Paved Drive, Range, Refrigerator, Washer, Cathedral Ceilings, Central Air, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace, Mini Blinds, Paved Drive, Range, Refrigerator, Washer
  • Total Finished Sq Ft: 975, 975
  • Master Bedroom: Dimensions: 10'5"x10'2", On Level: Main, Dimensions: 10'5"x10'2", On Level: Main
  • Bedroom 2: Dimensions: 11'7"x12'7", On Level: Upper, Dimensions: 11'7"x12'7", On Level: Upper
  • Bedroom 3: On Level: N/A, On Level: N/A
  • Bedroom 4: On Level: N/A, On Level: N/A
  • Total Rooms: 5, 5
  • Basement: Crawl, Crawl
  • Dining Room: Dimensions: 7'1"x5'3", On Level: Main, Dimensions: 7'1"x5'3", On Level: Main
  • Kitchen: Dimensions: 8'4"x9'6", On Level: Main, Dimensions: 8'4"x9'6", On Level: Main
  • Family Room: On Level: N/A, On Level: N/A
  • Living Room: Dimensions: 14'5"x11'10", On Level: Main, Dimensions: 14'5"x11'10", On Level: Main
  • Above Grade Finished Sq Ft: 975, 975
  • Bathroom 1: Dimensions: Full, On Level: Main, Dimensions: Full, On Level: Main
  • Bathroom 2: Dimensions: Full, On Level: Upper, Dimensions: Full, On Level: Upper
  • Number Of Bedrooms: 2, 2
  • Full Bathrooms: 2, 2
  • Rooms 1: On Level: N/A, On Level: N/A
  • Rooms 2: On Level: N/A, On Level: N/A
  • Windows: Wood Sash, Double, Wood Sash, Double

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: Bay St. Cottages, Bay St. Cottages
  • Association: Yes, Yes
  • Condo Unit Number: 11, 11
  • Condo: Yes, Yes
  • Fees: $1600, $1600

Schools

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

Lot Info

  • Zoning: Res, Res

Tax Info

  • Assessor Parcel Number: 51-15-13-265-111, 51-15-13-265-111

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
Oct 2, 2023
Sold by
Vrm 1 Llc
Bought by
Dobbs James K
Seller's Agent
Slava Mykhayls
Graham Real Estate
Buyer's Agent
Will Baker
Graham Real Estate
List Price
$779,000
Sold Price
$779,000
Views
614
Current Estimated Value
$966,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,512
Avg. Annual Appreciation
8.95%

Purchase Details

Closed on
Feb 21, 2019
Sold by
Astolfi Paul and Astolfi Michelle
Bought by
Spalding Mildred C

Purchase Details

Closed on
Dec 9, 2011
Sold by
The Bank Of Northern Michigan Mortgage C
Bought by
Astolfi Paul and Astolfi Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
4.01%

Purchase Details

Closed on
Jul 9, 2004
Bought by
Hoke Stephen P and Hoke Karen M
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
Dobbs James K -- --
Spalding Mildred C $375,000 --
Astolfi Paul $270,000 --
Hoke Stephen P $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Astolfi Paul J $250,000
Previous Owner Astolfi Paul $243,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2023 10/02/23 Sold $779,000 0.0% $799 / Sq Ft
09/06/2023 09/06/23 For Sale $779,000 0.0% $799 / Sq Ft
09/02/2023 09/02/23 Off Market $779,000 -- --
09/01/2023 09/01/23 Price Changed $779,000 -13.0% $799 / Sq Ft
05/20/2023 05/20/23 Price Changed $895,000 -4.7% $918 / Sq Ft
05/01/2023 05/01/23 Price Changed $939,000 -4.7% $963 / Sq Ft
03/01/2023 03/01/23 For Sale $985,000 -- $1,010 / 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 $13,988 $398,800 $398,800 $0
2024 $13,988 $369,700 $369,700 $0
2023 $8,572 $304,100 $304,100 $0
2022 $8,572 $205,700 $205,700 $0
2021 $8,277 $192,100 $192,100 $0
2020 $8,387 $194,300 $194,300 $0
2019 $8,246 $185,600 $185,600 $0
2018 -- $186,100 $186,100 $0
2017 -- $189,600 $189,600 $0
2016 -- $153,600 $153,600 $0
2015 -- $146,400 $0 $0
2014 $5,720 $142,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 470528

Northern Michigan MLS

APN: 51-15-13-265-111