NOT LISTED FOR SALE

524 E Bay St Unit 4 Harbor Springs, MI 49740

Estimated Value: $1,070,000 - $1,784,000

2 Beds
2 Baths
1,373 Sq Ft
$583/mo HOA Fee

Last Sold December 01, 2023

Last sale price $1,697,000 $1,236 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $10,140/month

54 Days on Market

Highlights

  • Water Views
  • 1 Car Detached Garage
  • Living Room
  • First Floor Utility Room
  • Patio
  • 3-minute walk to Zoll Street Park

About This Home

As of December 2023

Totally remodeled 2 years ago, one level, marina front condo is a rare find in today's market. Park your car and walk to town and the city beaches or spend the day on your extra large patio over looking the marina. Maximize your Harbor Springs experience in one of the best locations in town.

Last Listed By

Sam DeCamp

Gaslight Group Properties Listed on: 10/08/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,437

Year Built

  • Built in 1970

Lot Details

  • 828

HOA Fees

  • $583 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,373 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Water Views
  • Home Security System

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Marina Village Association

Listing and Financial Details

  • Assessor Parcel Number 51-15-13-278-104

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,437

Year Built

Built in 1970

Lot Details

0

HOA Fees

$583 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1970
  • Lvt Date: 10/08/2023
  • Section: 13
  • S E V Yr: $339,900/2023
  • Second Address Number: 524
  • Directions: From downtown head east on Bay St. Just after Walstom Marine Marina Village #4 will be on your right.
  • Price per Sq Ft: 1235.98
  • OFFICELIST_STATE: MI
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1970

Interior Features

  • Features: Built In Microwave, Cable, Dishwasher, Dryer, Garbage Disposal, Patio, Paved Drive, Range, Refrigerator, Washer, Security System, Paved Road
  • Total Finished Sq Ft: 1373
  • Master Bedroom: Dimensions: 16'4" x 14', On Level: Main
  • Bedroom 2: Dimensions: 12'1" x 12'2", On Level: Main
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Total Rooms: 6
  • Basement: Slab
  • Dining Room: Dimensions: 16'4" x 8'9", On Level: Main
  • Kitchen: Dimensions: 8'6" x 12'4", On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 16'5" x 13'10", On Level: Main
  • Above Grade Finished Sq Ft: 1373
  • Bathroom 1: Dimensions: 10'2" x 4'10", On Level: Main
  • Bathroom 2: Dimensions: 12'1" x 4'11", On Level: Main
  • Number Of Bedrooms: 2
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A

Exterior Features

  • Construction: Wood Frame/Site Built, One Story
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither
  • Water View: Yes

Garage/Parking

  • Garage Carport: Garage-Detached
  • Gar Car Capacity: One

Utilities

  • Heat Type: Electric
  • Sewer: City
  • Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: Marina Village
  • Association: Yes
  • Condo Unit Number: 4
  • Condo: Yes
  • Fees: 7000

Schools

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

Lot Info

  • Zoning: residential

Tax Info

  • Assessor Parcel Number: 51-15-13-278-104

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2023
Closed on
Nov 21, 2023
Sold by
Schultz Robert R and Hansen Sheri E
Bought by
Minneman Gary Louis and Minneman Leslie Anne
Seller's Agent
Sam DeCamp
Gaslight Group Properties
Buyer's Agent
Jennifer Miller
Graham Real Estate
List Price
$1,500,000
Sold Price
$1,697,000
Premium/Discount to List
$197,000
13.13%
Total Days on Market
54
Views
55
Current Estimated Value
$1,544,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$152,545
Avg. Annual Appreciation
-10.12%
Original Mortgage
$1,117,600
Outstanding Balance
$1,106,104
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$355,520

Purchase Details

Closed on
Aug 27, 2004
Sold by
Veen Ward
Bought by
Schultz Robert R and Schultz Sheri H

Purchase Details

Closed on
Jul 1, 1988
Bought by
Veen

Purchase Details

Closed on
Jul 1, 1981
Sold by
Traverse Bay Resorts
Bought by
Zwally

Purchase Details

Closed on
Jun 1, 1981
Bought by
Traverse Bay Resorts

Purchase Details

Closed on
Jun 1, 1979
Bought by
Barber

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
Minneman Gary Louis -- Cislo Title Company
Schultz Robert R $535,000 --
Veen -- --
Zwally $180,000 --
Traverse Bay Resorts $175,000 --
Barber $144,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minneman Gary Louis $1,117,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Sold $1,697,000 +21.3% $1,236 / Sq Ft
10/19/2023 10/19/23 Price Changed $1,399,000 -6.7% $1,019 / Sq Ft
10/08/2023 10/08/23 For Sale $1,500,000 -- $1,092 / 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
2024 $11,437 $403,400 $403,400 $0
2023 $7,191 $339,800 $339,800 $0
2022 $7,191 $309,900 $309,900 $0
2021 $6,934 $292,500 $292,500 $0
2020 $10,194 $296,400 $296,400 $0
2019 $12,520 $283,400 $283,400 $0
2018 -- $259,200 $259,200 $0
2017 -- $232,700 $232,700 $0
2016 -- $219,700 $219,700 $0
2015 -- $219,200 $0 $0
2014 $9,142 $217,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Northern Michigan MLS

MLS Number: 472419

Northern Michigan MLS

APN: 51-15-13-278-104