NOT LISTED FOR SALE

575 E Bay St Unit 13 Harbor Springs, MI 49740

Estimated Value: $784,000 - $1,301,267

3 Beds
2 Baths
1,300 Sq Ft
$785/Sq Ft Est. Value

Last Sold July 12, 2019

Last sale price $475,000 $365 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $6,970/month

397 Days on Market

Highlights

  • Cathedral Ceiling
  • 1 Car Detached Garage
  • Living Room
  • Wood Flooring
  • Thermal Windows
  • 1-minute walk to Zoll Street Park

About This Home

As of July 2019

Custom built Craftsman style cottage in beautiful downtown Harbor Springs; offering a unique contemporary style with a modern neutral color scheme. This Bay Street Cottage is conveniently located in downtown Harbor Springs, half a block from the beach and close to shopping and restaurants. The cottage was featured in Traverse the Magazine and showcased in a 2015 Northern home and cottage tour. Custom cabinetry, granite counter tops, reclaimed oak flooring, Viking and Sub-Zero appliances, and Waterworks fixtures and a detached carriage house style garage. Offered fully furnished

Last Agent to Sell the Property

Kevin Olson

Graham Real Estate Listed on: 06/03/2018

Last Buyer's Agent

Drew Bartlett

Graham Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,675

Year Built

  • Built in 2003

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,300 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Thermal Windows
  • Living Room
  • Dining Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Driveway

Utilities

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

Community Details

  • Property has a Home Owners Association
  • Bay St. Cottages Association

Listing and Financial Details

  • Assessor Parcel Number 51-15-13-265-113

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,675

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2003
  • Lvt Date: 06/05/2018
  • Section: 13
  • Second Address Number: 575
  • Directions: Corner of Bay and Zoll Streets
  • Price per Sq Ft: 365.38
  • OFFICELIST_STATE: MI
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2003

Interior Features

  • Features: Cable, Cathedral Ceilings, Central Air, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace, Paved Drive, Range, Refrigerator, Washer, Wood Floors, Paved Road
  • Total Finished Sq Ft: 1300
  • Master Bedroom: Dimensions: 14 x 13, On Level: Upper
  • Bedroom 2: Dimensions: 12 x 11, On Level: Main
  • Bedroom 3: Dimensions: 11 x 10, On Level: Main
  • Bedroom 4: On Level: N/A
  • Total Rooms: 7
  • Basement: Crawl
  • Dining Room: Dimensions: 8 x 7, On Level: Main
  • Kitchen: Dimensions: 11 x 8, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 13 x 12, On Level: Main
  • Above Grade Finished Sq Ft: 1300
  • Bathroom 1: Dimensions: Full, On Level: Main
  • Bathroom 2: Dimensions: Full, On Level: Upper
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Rooms 1: Dimensions: Loft 8 x 7, On Level: Upper
  • Rooms 2: On Level: N/A
  • Windows: Thermo

Exterior Features

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

Garage/Parking

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

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas, 40 Gal

Condo/Co-op/Association

  • Association: Bay St. Cottages
  • Association: Yes

Schools

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

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 51-15-13-265-113

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2018
Closed on
Jul 12, 2019
Sold by
Paul Jeffrey Towner T
Bought by
Hall Robert G and Hemingway-Hall Patricia
Seller's Agent
Kevin Olson
Graham Real Estate
Buyer's Agent
Drew Bartlett
Graham Real Estate
List Price
$639,900
Sold Price
$475,000
Premium/Discount to List
-$164,900
-25.77%
Current Estimated Value
$1,095,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$620,307
Avg. Annual Appreciation
13.38%

Purchase Details

Closed on
Jul 19, 2016
Sold by
Towner Julie K and Towner Paul Jeffrey
Bought by
Towner Paul Jeffrey

Purchase Details

Closed on
Aug 30, 2012
Sold by
Towner Jeff and Towner Julie K
Bought by
Julie K Towner Trust Agreement Dated Jan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,200
Interest Rate
2.85%

Purchase Details

Closed on
Jan 24, 2011
Sold by
Towner Paul and Towner Julie
Bought by
Towner Julie K and Julie K Towner Trust Uad January 23, 200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,375
Interest Rate
4.84%

Purchase Details

Closed on
Feb 27, 2003
Bought by
Tower Julie K Ttee
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
Hall Robert G -- Attorneys Title
Towner Paul Jeffrey -- None Available
Towner Julie K -- None Available
Julie K Towner Trust Agreement Dated Jan -- --
Towner Jeff -- --
Towner Julie K -- --
Towner Paul -- --
Tower Julie K Ttee $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Towner Jeff $251,200
Previous Owner Towner Julie K $90,000
Previous Owner Towner Paul $307,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2019 07/12/19 Sold $475,000 -13.2% $365 / Sq Ft
05/30/2019 05/30/19 Price Changed $547,000 -14.5% $421 / Sq Ft
06/03/2018 06/03/18 For Sale $639,900 -- $492 / 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 $11,675 $486,000 $486,000 $0
2024 $11,675 $450,500 $450,500 $0
2023 $10,442 $370,500 $370,500 $0
2022 $10,442 $250,700 $250,700 $0
2021 $10,082 $234,000 $234,000 $0
2020 $10,221 $236,800 $236,800 $0
2019 $9,512 $226,200 $226,200 $0
2018 -- $214,700 $214,700 $0
2017 -- $218,700 $218,700 $0
2016 -- $177,200 $177,200 $0
2015 -- $168,900 $0 $0
2014 $6,602 $163,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 455460

Northern Michigan MLS

APN: 51-15-13-265-113