NOT LISTED FOR SALE

5771 Cook Point Dr Harbor Springs, MI 49740

Estimated Value: $74,000 - $762,607

0.97 Acre
$328,017 Price per Acre
42,035 Sq Ft Lot

Last Sold August 28, 2023

Last sale price $700,000

Current estimated payment $2,081/month

171 Days on Market

About This Lot

As of August 2023

Stunning Lake Michigan building site, with 200' of private sugar sand beach. This unique property is not a part of an association which gives a new buyer architectural control. Breath taking sunsets and Petoskey views all just minutes from downtown Harbor Springs. This property is in the neighborhood of Cook Point in a community of upscale homes.

Last Agent to Sell the Property

Barb Shepherd

Harbor Sotheby's International Rlty - Harbor Sprgs Listed on: 03/10/2023

Harbor Sotheby's International Rlty - Harbor Sprgs

Last Buyer's Agent

Wendie Keen

@properties Christie’s International Real Estate Harbor Springs

@properties Christie’s International Real Estate Harbor Springs

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,971

Lot Details

  • 200 Feet of Waterfront
  • Hillside Location
  • Landscaped with Trees
  • Property is zoned WTT R-1-A

Property Views

  • Water Views

Utilities

  • Well Required
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 16-15-10-351-022

Property Details

Property Type

Land

Est. Annual Taxes

$14,971

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Lots/Land
  • Type 2: Lot
  • Lvt Date: 03/10/2023
  • Section: 10
  • Survey: y
  • Hd Approved: yes
  • Second Address Number: 5771
  • Directions: M-119 approx. 2 miles north of Harbor Springs see Cook Point sign on the left
  • OFFICELIST_STATE: MI
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Features: Mixed Trees

Exterior Features

  • Lake: Michigan
  • Waterfront Frontage: 200
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Private Ownership

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Schools

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

Lot Info

  • Lot: y
  • Zoning: WTT R-1-A
  • Number Of Acres: Under 1
  • Terrain: Hill-Side

Tax Info

  • Assessor Parcel Number: 16-15-10-351-022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
Aug 28, 2023
Sold by
Arbaugh Steven L and The Steven T Arbaugh Revocable Trust
Bought by
Mcgregor John and Mcgregor Marcy
Seller's Agent
Barb Shepherd
Harbor Sotheby's International Rlty - Harbor Sprgs
Buyer's Agent
Wendie Keen
@properties Christie’s International Real Estate Harbor Springs
List Price
$750,000
Sold Price
$700,000
Premium/Discount to List
-$50,000
-6.67%
Total Days on Market
171
Views
110
Current Estimated Value
$316,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$383,464
Avg. Annual Appreciation
-36.64%
Source: Public Records

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Range of Values:

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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
Mcgregor John -- Talon Title Agency
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $700,000 -6.7% --
03/10/2023 03/10/23 For Sale $750,000 -- --
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
2024 $14,971 $400,000 $400,000 $0
2023 $6,985 $360,000 $360,000 $0
2022 $6,985 $278,100 $278,100 $0
2021 $6,732 $317,400 $317,400 $0
2020 $6,629 $294,900 $294,900 $0
2019 -- $358,900 $358,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 470563

Northern Michigan MLS

APN: 16-15-10-351-022