NOT LISTED FOR SALE

575 E Bay St Unit 18 Harbor Springs, MI 49740

Estimated Value: $696,000 - $1,171,327

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

Last Sold July 26, 2022

Last sale price $725,000 $744 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $7,227/month

13 Days on Market

Highlights

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

About This Home

As of July 2022

The privacy of your own cottage with the ease of a Condominium. Bay Street Cottages are beautifully maintained throughout the year, from the flower boxes to the charming common areas. The kitchen is outfitted with Sub Zero appliances, granite surfaces and custom cabinetry. The floors are reclaimed oak and there is extensive millwork throughout the home. Bay Street Cottages are an easy walk to town as well as the beaches, marinas and restaurants. Cottage is offered furnished.

Last Agent to Sell the Property

Lee Ford Walsh

Coldwell Banker Schmidt- Harbor Springs Listed on: 06/12/2022

Coldwell Banker Schmidt- Harbor Springs

Last Buyer's Agent

Lee Ford Walsh

Coldwell Banker Schmidt- Harbor Springs Listed on: 06/12/2022

Coldwell Banker Schmidt- Harbor Springs

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,660

Lot Details

  • Sprinkler System

HOA Fees

  • $533 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 975 Sq Ft Home
  • Cathedral Ceiling
  • Gas Fireplace
  • Thermal Windows
  • Insulated Windows
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 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

  • Bay St. Cottages Association

Listing and Financial Details

  • Assessor Parcel Number 51-15-13-265-118

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,660

Lot Details

0

HOA Fees

$533 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 06/12/2022
  • Measurement Source: Owner
  • Section: 13
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Features: Built In Microwave, Cable, Cathedral Ceilings, Central Air, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace, Paved Drive, Range, Refrigerator, Sprinkler System, Washer, Wood Floors
  • Total Finished Sq Ft: 975
  • Master Bedroom: On Level: N/A
  • Bedroom 2: Dimensions: 10 x 11, On Level: Main
  • Bedroom 3: Dimensions: 12 x 14, On Level: Upper
  • Bedroom 4: On Level: N/A
  • Total Rooms: 4
  • Basement: Crawl
  • Dining Room: Dimensions: 6 x 7, On Level: Main
  • Kitchen: Dimensions: 8 x 10, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 12 x 16, On Level: Main
  • Above Grade Finished Sq Ft: 975
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Upper
  • Number Of Bedrooms: 2
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Thermo, Insulated

Exterior Features

  • Construction: Wood Frame/Site Built
  • 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

Condo/Co-op/Association

  • Association: Bay St. Cottages
  • Association: Yes
  • Condo Unit Number: 18
  • Condo: Yes
  • Fees: 1600

Schools

  • School District: Harbor Springs

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 51-15-13-265-118

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2022
Closed on
Jul 25, 2022
Sold by
Cox Millard
Bought by
Carruthers Donna F and Carruthers John D
Seller's Agent
Lee Ford Walsh
Coldwell Banker Schmidt- Harbor Springs
Buyer's Agent
Lee Ford Walsh
Coldwell Banker Schmidt- Harbor Springs
List Price
$799,000
Sold Price
$725,000
Premium/Discount to List
-$74,000
-9.26%
Current Estimated Value
$999,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,313
Avg. Annual Appreciation
9.30%
Original Mortgage
$543,750
Outstanding Balance
$517,337
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$433,495

Purchase Details

Closed on
Oct 18, 2012
Sold by
Mossburg Land Company Llc
Bought by
Cox Millard
Source: Public Records

Range of Values:

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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
Carruthers Donna F -- --
Cox Millard $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carruthers Donna F $543,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2022 07/26/22 Sold $725,000 -9.3% $744 / Sq Ft
06/12/2022 06/12/22 For Sale $799,000 -- $819 / 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 $14,660 $418,500 $418,500 $0
2024 $14,660 $387,700 $387,700 $0
2023 $8,950 $318,700 $318,700 $0
2022 $8,950 $215,500 $215,500 $0
2021 $8,641 $201,100 $201,100 $0
2020 $8,537 $203,400 $203,400 $0
2019 $10,485 $194,100 $194,100 $0
2018 -- $194,600 $194,600 $0
2017 -- $99,100 $99,100 $0
2016 -- $80,200 $80,200 $0
2015 -- $76,400 $0 $0
2014 $886 $74,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 468519

Northern Michigan MLS

APN: 51-15-13-265-118