Seller's Agent in 2020
Chris Etienne
Harbor Sothebys International Realty
(231) 439-2031
2 in this area
136 Total Sales
7065 S Lake Shore Dr Harbor Springs, MI 49740
Estimated Value: $1,388,151
4
Beds
5.5
Baths
4,315
Sq Ft
$322/Sq Ft
Est. Value
Highlights
- Water Views
- Deck
- Pole Barn
- 7.19 Acre Lot
- Wood Flooring
- Main Floor Primary Bedroom
About This Home
As of July 2020Welcome to Oakwood Farm where, upon driving through the grand entrance, you will be drawn to the harmonious and inviting estate, and picture-perfect barn and stables set amongst 7 acres of prime real estate just north of Harbor Springs. The stately home is inviting with a grand living area, attractively designed kitchen, open floor plan, first floor master suite, spacious utility room, hardwood floors and three en-suite guest rooms. The roomy dining area opens up to the tranquil covered porch with slight views of Little Traverse Bay. The finished lower level features a wet bar, family room and impressive in-home gym. The captivating manicured grounds encompass a horse stable with seven stalls, original historic barn, storage facilities and pole barn all surrounded by white picket-fenced riding pastures. The two parcels included in the sale are the residence parcel of 5.62 acres and the former Lorenzo’s restaurant property of 1.57 acres. Indeed a horse lover’s dream!
Last Agent to Sell the Property
Harbor Sothebys International Realty Listed on: 09/14/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,982
Year Built
- Built in 2009
Lot Details
- 7.19 Acre Lot
- Sprinkler System
- Property is zoned Residential/Commercial
Home Design
- Wood Frame Construction
Interior Spaces
- 4,315 Sq Ft Home
- 2-Story Property
- Gas Fireplace
- Thermal Windows
- Insulated Windows
- Blinds
- Family Room Downstairs
- Living Room
- Dining Room
- First Floor Utility Room
- Wood Flooring
- Water Views
- Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Whirlpool Bathtub
Laundry
- Dryer
- Washer
Parking
- 3 Car Attached Garage
- Driveway
Outdoor Features
- Deck
- Pole Barn
- Shed
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Well
- Septic System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 16-15-09-100-028 and 006
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 14, 2018
Closed on
Jul 16, 2020
Sold by
Tango L
Bought by
460 West Maple Llc
Seller's Agent
Chris Etienne
Harbor Sothebys International Realty
Buyer's Agent
Will Baker
Graham Real Estate
List Price
$1,645,000
Sold Price
$950,000
Premium/Discount to List
-$695,000
-42.25%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$438,151
Avg. Annual Appreciation
7.53%
Purchase Details
Closed on
May 9, 2019
Sold by
Pearl Street T
Bought by
Tango L & N Llc
Purchase Details
Closed on
Feb 20, 2014
Bought by
Pearl Street Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 460 West Maple Llc | -- | -- | |
| Tango L & N Llc | -- | -- | |
| Pearl Street Trust | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Pearl Street T | $1,300,000 | |
| Previous Owner | Pearl Street Trust | $5,000,000 | |
| Previous Owner | L&N Properties Inc | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2020 07/16/20 | Sold | $950,000 | 0.0% | $220 / Sq Ft |
| 11/08/2019 11/08/19 | Price Changed | $950,000 | -13.6% | $220 / Sq Ft |
| 09/10/2019 09/10/19 | Price Changed | $1,100,000 | -21.1% | $255 / Sq Ft |
| 08/05/2019 08/05/19 | Price Changed | $1,395,000 | -12.5% | $323 / Sq Ft |
| 05/23/2019 05/23/19 | Price Changed | $1,595,000 | -3.0% | $370 / Sq Ft |
| 09/14/2018 09/14/18 | For Sale | $1,645,000 | -- | $381 / Sq Ft |
Source: Northern Michigan MLS
Tax History Compared to Growth
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 | $16,982 | $536,400 | $132,600 | $403,800 |
| 2024 | $16,982 | $455,500 | $132,600 | $322,900 |
| 2023 | $15,528 | $466,300 | $94,700 | $371,600 |
| 2022 | $15,528 | $434,400 | $84,200 | $350,200 |
| 2021 | $14,966 | $398,400 | $398,400 | $0 |
| 2020 | $11,789 | $369,800 | $369,800 | $0 |
| 2019 | -- | $363,800 | $363,800 | $0 |
| 2018 | -- | $306,100 | $306,100 | $0 |
| 2017 | -- | $300,700 | $300,700 | $0 |
| 2016 | -- | $292,400 | $292,400 | $0 |
| 2015 | -- | $293,500 | $0 | $0 |
| 2014 | -- | $268,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Etienne
-
Will Baker
Buyer's Agent in 2020
Will Baker
Graham Real Estate
(231) 838-0722
110 in this area
144 Total Sales
Map
Source: Northern Michigan MLS
MLS Number: 456687
APN: 16-15-09-100-028
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