NOT LISTED FOR SALE

7985 S Lake Shore Dr Harbor Springs, MI 49740

Estimated Value: $642,171 - $1,008,000

2 Beds
1 Bath
745 Sq Ft
$1,045/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $300,000 $403 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $4,718/month

192 Days on Market

Highlights

  • Water Views
  • Main Floor Primary Bedroom
  • Living Room
  • Wood Flooring
  • First Floor Utility Room
  • Shed

About This Home

As of November 2018

This log cabin beckons to the dreamer in all. Situated on approx. 1 acre with great views of Lake Michigan, this charming get-away offers 2 bedrooms, 1 bath, a living room with a field stone fireplace, wood floors, cathedral ceilings, and a full kitchen and dining nook. The covered front porch offers a shady spot to enjoy the sunsets. Offered furnished.

Last Agent to Sell the Property

Tom Mooradian

Berkshire Hathaway HomeServices Michigan Real Estate - HS Listed on: 04/20/2018

Berkshire Hathaway HomeServices Michigan Real Estate - HS

Last Buyer's Agent

Tom Mooradian

Berkshire Hathaway HomeServices Michigan Real Estate - HS Listed on: 04/20/2018

Berkshire Hathaway HomeServices Michigan Real Estate - HS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,835

Lot Details

  • 0.93 Acre Lot
  • Lot Dimensions are 140.2 x 287.95
  • Property is zoned R-1-A

Home Design

  • Asphalt Shingled Roof
  • Log Siding

Interior Spaces

  • 745 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring
  • Water Views
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 16-15-10-300-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,835

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 04/24/2018
  • Section: 10
  • Second Address Number: 7985
  • Directions: In Harbor Springs follow Lake St west until it connects with M-119, just past the WT Twnshp Hall. Cabin is the 2nd home on the right.
  • Price per Sq Ft: 402.68
  • OFFICELIST_STATE: MI
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Cable, Central Air, Dishwasher, Dryer, Range, Refrigerator, Washer, Wood Fireplace, Wood Floors
  • Total Finished Sq Ft: 745
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Total Rooms: 4
  • Basement: Crawl
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: N/A
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 745
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: N/A
  • Number Of Bedrooms: 2
  • Full Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A

Exterior Features

  • Construction: Log
  • Lake: Michigan
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither
  • Water View: Y

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: Septic
  • Water: Township
  • Water Heater: Electric

Schools

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

Lot Info

  • Estimated Lot Dimensions: 140.2 x 287.95
  • Estimated Number of Acres: 0.93
  • Zoning: R-1-A

Tax Info

  • Assessor Parcel Number: 16-15-10-300-018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2018
Closed on
Jan 12, 2019
Sold by
Thom Investments Llc
Bought by
Thom William
Seller's Agent
Tom Mooradian
Berkshire Hathaway HomeServices Michigan Real Estate - HS
Buyer's Agent
Tom Mooradian
Berkshire Hathaway HomeServices Michigan Real Estate - HS
List Price
$359,000
Sold Price
$300,000
Premium/Discount to List
-$59,000
-16.43%
Current Estimated Value
$778,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$478,293
Avg. Annual Appreciation
16.66%
Original Mortgage
$240,000
Outstanding Balance
$155,792
Interest Rate
4.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$693,044

Purchase Details

Closed on
Dec 22, 2017
Sold by
Root David L
Bought by
Root David L and David L Root Trust

Purchase Details

Closed on
Oct 1, 1995
Bought by
Root Pta

Purchase Details

Closed on
Jul 1, 1995
Bought by
Singerling Pta

Purchase Details

Closed on
Jun 1, 1988
Sold by
Ketels Cash
Bought by
Salimbene Rps
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
Thom William -- --
Root David L -- None Available
Root Pta $112,500 --
Singerling Pta $110,000 --
Salimbene Rps $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thom William $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2018 11/30/18 Sold $300,000 -16.4% $403 / Sq Ft
04/20/2018 04/20/18 For Sale $359,000 -- $482 / 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 $5,835 $268,400 $4,900 $263,500
2024 $5,835 $395,900 $4,900 $391,000
2023 $5,335 $333,700 $4,200 $329,500
2022 $5,335 $162,700 $4,000 $158,700
2021 $5,142 $159,400 $4,000 $155,400
2020 $5,063 $135,000 $0 $135,000
2019 -- $131,200 $131,200 $0
2018 -- $52,300 $52,300 $0
2017 -- $160,600 $160,600 $0
2016 -- $159,900 $159,900 $0
2015 -- $159,700 $0 $0
2014 -- $160,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tom Mooradian

    Seller's Agent in 2018

    Tom Mooradian

    Berkshire Hathaway HomeServices Michigan Real Estate - HS

    (616) 334-6672

    33 in this area

    94 Total Sales

    Tom Mooradian
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Map

Source: Northern Michigan MLS

MLS Number: 454828

Northern Michigan MLS

APN: 16-15-10-300-018

Michigan Emmet County Harbor Springs 49740

7985 S Lake Shore Dr, Harbor Springs, MI

This home is located at 7985 S Lake Shore Dr, Harbor Springs, MI 49740 since 20 April 2018 and is currently estimated at $778,293, approximately $1,044 per square foot. 7985 S Lake Shore Dr is a home located in Emmet County with nearby schools including Harbor Springs High School, Harbor Springs Middle School, and Shay Elementary 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 Michigan MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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