NOT LISTED FOR SALE

707 W Lake St Tawas City, MI 48763

Estimated Value: $203,000 - $304,000

2 Beds
1 Bath
816 Sq Ft
$285/Sq Ft Est. Value

Last Sold September 06, 2019

Last sale price $130,000 $159 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,606/month

103 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Sandy Beach
  • 1-Story Property
  • 120 Feet of Waterfront
  • Bay View
  • 4-minute walk to Gateway Park

About This Home

As of September 2019

Location, location, location. Stone cottage with 120 ft. of frontage on Tawas Bay, just West of Gateway Park in Tawas City. A short walk to stores, banks and restaurants. Prime waterfront location at an affordable price.

Last Agent to Sell the Property

Michael Fornier

BEST CHOICE REALTY, INC. Listed on: 05/21/2019

Last Buyer's Agent

Pat Russler

BEST CHOICE REALTY, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,233

Year Built

  • Built in 1963

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x120
  • 120 Feet of Waterfront
  • Sandy Beach
  • Cleared Lot
  • The community has rules related to zoning restrictions

Home Design

  • Frame Construction
  • Asphalt Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 816 Sq Ft Home
  • 1-Story Property
  • Bay Views
  • Crawl Space
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake

Location

  • Property is near a Great Lake

Utilities

  • Baseboard Heating
  • Cable TV Available

Community Details

Overview

  • Tawas City Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,233

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1 Story
  • Estimated Year Built: 1963
  • Construction: Frame
  • Private Shared: Private
  • Qtr Section: SW
  • Section Number: 30
  • Year Updated: 1980
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1963

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 12x10, On Level: Main Floor
  • Bedroom 2: Dimensions: 13x10, On Level: Main Floor
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: No
  • Dining Room: Dimensions: 13x12
  • Kitchen: Dimensions: 12x11
  • Living Room: Dimensions: 13x12, On Level: Main Floor
  • Estimated Above Ground Finished Sq Ft: 816
  • Price Per Sq Ft: 159.31
  • Range: R 8E
  • Total Finished Sf Apx: 816

Exterior Features

  • Body Of Water: Lake Huron
  • Exterior Features: Bay View
  • Exterior Finish: Vinyl, Stone
  • Foundation: Crawl Space
  • Lake Size: Great
  • Number Of Acres: 0.11
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: All Sports, Sandy Bottom, Great Lake, Public Lake
  • Waterfront Frontage: 120

Garage/Parking

  • Driveway: Dirt

Utilities

  • Heating Cooling Types: Baseboard
  • Laundry: On Level: Main Floor
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV
  • Water: Municipal

Association/Amenities

  • Development Name: Tawas City

Schools

  • School District: Tawas Area Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Cleared
  • Lot Dimensions: 40x120
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

Tax Info

  • Summer Taxes: 2951.34
  • Taxable Value: 60507
  • Total Taxes: 3233.21
  • Winter Taxes: 281.87
  • Year Summer: 2019
  • Year Winter: 2018

MLS Schools

  • School District: Tawas Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2021
Sold by
Krohn Tommie A
Bought by
Spencer Laci R
Current Estimated Value
$232,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,650
Outstanding Balance
$127,092
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$105,418

Purchase Details

Listed on
May 21, 2019
Closed on
Sep 6, 2019
Sold by
Kojima Lewis W and Kojima Christie H
Bought by
Krohn Tommie A
Seller's Agent
Michael Fornier
BEST CHOICE REALTY, INC.
Buyer's Agent
Pat Russler
BEST CHOICE REALTY, INC.
List Price
$159,900
Sold Price
$130,000
Premium/Discount to List
-$29,900
-18.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.91%
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
Spencer Laci R $145,000 None Available
Krohn Tommie A $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spencer Laci R $140,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2019 09/06/19 Sold $130,000 -18.7% $159 / Sq Ft
05/21/2019 05/21/19 For Sale $159,900 -- $196 / Sq Ft
Source: Northern Great Lakes REALTORS® 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 $4,646 $100,800 $100,800 $0
2024 $4,200 $91,700 $0 $0
2023 $3,740 $76,400 $76,400 $0
2022 $2,804 $78,000 $78,000 $0
2021 $2,615 $76,700 $76,700 $0
2020 $3,874 $72,400 $72,400 $0
2019 $3,240 $64,100 $64,100 $0
2018 $2,060 $66,000 $66,000 $0
2017 $3,043 $65,000 $65,000 $0
2016 $2,951 $65,000 $0 $0
2015 -- $65,500 $0 $0
2014 -- $66,400 $0 $0
2013 -- $67,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Fornier

    Seller's Agent in 2019

    Michael Fornier

    BEST CHOICE REALTY, INC.

    (989) 310-0997

    62 Total Sales

    Michael Fornier
    Section Image

  • P

    Buyer's Agent in 2019

    Pat Russler

    BEST CHOICE REALTY, INC.

    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1861402

Northern Great Lakes REALTORS® MLS

APN: 130-036-100-008-00

Michigan Iosco County Tawas City 48763

707 W Lake St, Tawas City, MI

This home is located at 707 W Lake St, Tawas City, MI 48763 since 21 May 2019 and is currently estimated at $232,510, approximately $284 per square foot. This property was built in 1963. 707 W Lake St is a home located in Iosco County with nearby schools including Clara B. Bolen Elementary School, Tawas Area Middle School, and Tawas Area High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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