NOT LISTED FOR SALE

875 Meadow Ln Harbor Springs, MI 49740

Estimated Value: $453,069 - $641,000

3 Beds
2 Baths
2,200 Sq Ft
$240/Sq Ft Est. Value

Last Sold May 12, 2021

Last sale price $339,000 $154 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,098/month

4 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Shed
  • First Floor Utility Room
  • Living Room
  • 1-Story Property

About This Home

As of May 2021

This charming ranch style home features new appliances, recent paint, newer floor coverings on main level, and a finished lower level. Located in a quiet neighborhood just five miles from both Harbor Springs and Petoskey, this property also offers an additional shed, 14 x 14 workshop, and sky deck perfect for stargazing or enjoying the Northern Michigan sunshine. Enjoy piece of mind as a 1 year Home Warranty is included .The backyard is great for kids, pets, and gardens and features a pergola with unique tiling and fire pit ready for summertime Smores. Enjoy close proximity to the Petoskey State Park, bike and walking trails at the Little Traverse Conservancy property just down the street. The finished lower level offers a great place for entertaining and lounging with family and friends and also an unfinished area perfect for a home gym or storage. 1/2 mile from Little Traverse bike path and one mile from Petoskey State Park.

Last Agent to Sell the Property

William Winslow

Coldwell Banker Schmidt- Harbor Springs Listed on: 04/22/2021

Coldwell Banker Schmidt- Harbor Springs

Last Buyer's Agent

Pete Stikovich

Little Traverse Bay Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,516

Year Built

  • Built in 1992

Lot Details

  • Property is zoned LTT R-1

Home Design

  • Wood Frame Construction

Interior Spaces

  • 2,200 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Dryer
  • Finished Basement

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck
  • Shed

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Well
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 08-16-15-476-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,516

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1992
  • Lvt Date: 04/23/2021
  • Section: SECTION 15
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1992

Interior Features

  • Features: Cable, Ceiling Fans, Central Air, Deck, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace, Paved Drive, Range, Refrigerator
  • Total Finished Sq Ft: 2200
  • Master Bedroom: Dimensions: 15' X 11' 5'', On Level: Main
  • Bedroom 2: Dimensions: 11' X 10' 5'', On Level: Main
  • Bedroom 3: Dimensions: 10' X 10', On Level: Main
  • Bedroom 4: On Level: N/A
  • Total Rooms: 12
  • Basement: Finished
  • Dining Room: Dimensions: 12' X 12', On Level: Main
  • Kitchen: Dimensions: 11' 5'' X 9' 5'', On Level: Main
  • Family Room: Dimensions: 28' X 12' 5'', On Level: Lower
  • Living Room: Dimensions: 19' X 13' 5'', On Level: Main
  • Above Grade Finished Sq Ft: 1534
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Rooms 1: On Level: Main
  • Rooms 2: On Level: Lower

Exterior Features

  • Construction: Wood Frame/Site Built, One Story
  • Waterfront Water Access: Neither

Garage/Parking

  • Garage Carport: Garage-Attached
  • Gar Car Capacity: Two

Utilities

  • Heat Type: Natural Gas
  • Sewer: Septic
  • Water: Well

Schools

  • School District: Harbor Springs

Lot Info

  • Zoning: LTT R-1

Tax Info

  • Assessor Parcel Number: 08-16-15-476-005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2024
Sold by
Sherlock Kenneth and Sherlock Kenneth D
Bought by
Sherlock Kenneth and The Kenneth D Sherlock Trust
Current Estimated Value
$528,517

Purchase Details

Listed on
Apr 22, 2021
Closed on
May 12, 2021
Sold by
Morkin James
Bought by
Sherlock Kenneth
Seller's Agent
William Winslow
Coldwell Banker Schmidt- Harbor Springs
Buyer's Agent
Pete Stikovich
Little Traverse Bay Realty
List Price
$329,000
Sold Price
$339,000
Premium/Discount to List
$10,000
3.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.99%

Purchase Details

Closed on
Jun 23, 2017
Sold by
Honaker Donald H and Finley Susan C
Bought by
Morkin James and Morkin Narilyn

Purchase Details

Listed on
Mar 17, 2015
Closed on
Sep 3, 2015
Sold by
Bennett Jeffrey K
Bought by
Honakee Donald H and Finley Susan C
Seller's Agent
Michael MacCarthy
Gaslight Group Properties
Buyer's Agent
Susan Finley
Lake Homes Realty, LLC
List Price
$189,900
Sold Price
$160,000
Premium/Discount to List
-$29,900
-15.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.76%
Original Mortgage
$128,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2004
Sold by
Svatora Ronald and Svatora Roberta
Bought by
Bennett Jeffrey K

Purchase Details

Closed on
May 1, 1991
Bought by
Svatora
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
Sherlock Kenneth -- --
Sherlock Kenneth $339,000 --
Morkin James $225,000 Attorneys Title
Honakee Donald H $160,000 Attorneys Title Agency Llc
Bennett Jeffrey K $210,000 --
Svatora $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Honaker Donald H $45,000
Previous Owner Honakee Donald H $128,000
Previous Owner Bennett Jeffrey K $139,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2021 05/12/21 Sold $339,000 +3.0% $154 / Sq Ft
04/22/2021 04/22/21 For Sale $329,000 +105.6% $150 / Sq Ft
09/04/2015 09/04/15 Sold $160,000 -15.7% $73 / Sq Ft
08/02/2015 08/02/15 Pending -- -- --
03/17/2015 03/17/15 For Sale $189,900 -- $86 / 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 $3,516 $218,100 $218,100 $0
2024 $3,516 $199,300 $199,300 $0
2023 $3,313 $138,900 $138,900 $0
2022 $3,313 $135,300 $135,300 $0
2021 $2,642 $124,900 $124,900 $0
2020 $2,590 $117,000 $117,000 $0
2019 $2,451 $113,000 $113,000 $0
2018 $2,390 $102,600 $102,600 $0
2017 -- $103,300 $103,300 $0
2016 -- $94,900 $94,900 $0
2015 -- $102,000 $0 $0
2014 -- $84,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 464812

Northern Michigan MLS

APN: 08-16-15-476-005