Seller's Agent in 2024
Sam DeCamp
Gaslight Group Properties
(231) 838-4213
157 Total Sales
6457 Otis Ln Harbor Springs, MI 49740
Estimated Value: $479,000 - $6,500,000
5
Beds
7
Baths
5,273
Sq Ft
$798/Sq Ft
Est. Value
Highlights
- 360 Feet of Waterfront
- Cathedral Ceiling
- Main Floor Primary Bedroom
- Deck
- Wood Flooring
- Lower Floor Utility Room
About This Home
As of April 2024This is a truly spectacular Northern Michigan property! Situated on just over 7 private acres at the south end of Otis Lane, this home has only had 2 owners since it was built by Dick Collie in 1998. Set back off of the water, you will love the beautiful views over Lake Michigan, from Bay Harbor to Charlevoix & north. Take your private boardwalk down to the sandy shores of the Lake where you will enjoy 360’ of pristine beach all to yourself. The home itself is a dream, with views of the water from the minute you enter the front door to the grand almost 14’ ceiling in the living room. The living room blends with the dining room & beautiful, classic kitchen & features a gorgeous masonry stone fireplace, ceiling fans, stunning wide plank wood floors, & a wet bar with a fridge & ice maker. The kitchen is bright, with granite counters, a gas Viking cooktop, Thermidor oven, Subzero fridge, & walk-in pantry. Enjoy breakfast in the breakfast nook off of the kitchen or on the large covered porch that features a beautiful blue slate floor. Across the entry you can find the large primary suite. The ensuite has dual vanity sinks, a jacuzzi tub, walk-in shower, & 2 large walk-in closets. A 2nd door from the primary opens into the cozy wood paneled library. Also found on the main level are a powder room, a full bathroom, & the laundry room. The 2nd level features 4 bedrooms & 3 baths, plenty of space for kids & grandkids. The basement has a wine cellar, rec room with a pool table, shuffleboard, & ping pong for rainy days, & tons space for storage & a home gym. With a bilco door, storing your outdoor furniture in the basement for the winter has never been easier. The 3 car garage has space for all of your toys, plus an extra nook for storage or a workshop. At over 5,000 sq ft, the home still feels cozy. Imagine a fire in the fireplace with a twinkling Christmas tree while snow swirls outside. Or beautiful summer days spent on the covered porch enjoying the breeze off of the Lake.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $50,834
Year Built
- Built in 1998
Lot Details
- 7.63 Acre Lot
- Lot Dimensions are 360 x 940
- 360 Feet of Waterfront
- Sprinkler System
HOA Fees
- $83 Monthly HOA Fees
Home Design
- Wood Frame Construction
- Asphalt Shingled Roof
Interior Spaces
- 5,273 Sq Ft Home
- 2-Story Property
- Cathedral Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Thermal Windows
- Insulated Windows
- Wood Frame Window
- Living Room
- Dining Room
- Lower Floor Utility Room
- Wood Flooring
- Water Views
- Finished Basement
- Basement Fills Entire Space Under The House
- Home Security System
Kitchen
- Range
- Built-In Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
Laundry
- Dryer
- Washer
Parking
- 3 Car Attached Garage
- Driveway
Outdoor Features
- Deck
- Patio
Utilities
- Central Air
- Hot Water Baseboard Heater
- Heating System Uses Natural Gas
- Well
- Natural Gas Water Heater
- Septic System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 16-15-09-400-007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 16, 2024
Sold by
Surrey Llc
Bought by
Brown Mary and Brown Jane
Total Days on Market
92
Current Estimated Value
Purchase Details
Listed on
Jan 11, 2024
Closed on
Apr 8, 2024
Sold by
Banks Stephen G
Bought by
Surrey Llc
Seller's Agent
Sam DeCamp
Gaslight Group Properties
Buyer's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
List Price
$5,950,000
Sold Price
$6,500,000
Premium/Discount to List
$550,000
9.24%
Views
123
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-34.14%
Purchase Details
Listed on
Jan 11, 2024
Closed on
Apr 6, 2024
Sold by
Bamks Stephen G
Bought by
Surrey Llc
Seller's Agent
Sam DeCamp
Gaslight Group Properties
Buyer's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
List Price
$5,950,000
Sold Price
$6,500,000
Premium/Discount to List
$550,000
9.24%
Views
123
Purchase Details
Listed on
Jan 15, 2022
Closed on
Oct 28, 2022
Sold by
Mitzel Dennis M and The Virginia F Valle Revocable Trust
Bought by
Banks Stephen G and Banks Holli R
Seller's Agent
Lee Ford Walsh
Coldwell Banker Schmidt- Harbor Springs
Buyer's Agent
Sam DeCamp
Gaslight Group Properties
List Price
$6,499,900
Sold Price
$5,400,000
Premium/Discount to List
-$1,099,900
-16.92%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.54%
Original Mortgage
$3,835,000
Interest Rate
5.38%
Purchase Details
Listed on
Jan 15, 2022
Closed on
Oct 25, 2022
Sold by
Vallee Virginia F Trust
Bought by
Bamks Stephen G and Bamks Holli R
Seller's Agent
Lee Ford Walsh
Coldwell Banker Schmidt- Harbor Springs
Buyer's Agent
Sam DeCamp
Gaslight Group Properties
List Price
$6,499,900
Sold Price
$5,400,000
Premium/Discount to List
-$1,099,900
-16.92%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,835,000
Interest Rate
5.38%
Purchase Details
Closed on
Feb 10, 2020
Sold by
Vallee Robert G
Bought by
Vallee Virginia F Trust
Purchase Details
Closed on
Aug 7, 1998
Bought by
Vallee Robert G and Vallee Virginia F
Purchase Details
Closed on
Sep 1, 1982
Bought by
Singer
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brown Mary | -- | -- | |
| Surrey Llc | -- | Cislo Title Company | |
| Surrey Llc | -- | -- | |
| Banks Stephen G | -- | Talon Title Agency | |
| Bamks Stephen G | -- | -- | |
| Vallee Virginia F Trust | -- | -- | |
| Vallee Robert G | $975,000 | -- | |
| Singer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Banks Stephen G | $3,835,000 | |
| Previous Owner | Bamks Stephen G | $3,835,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/12/2024 04/12/24 | Sold | $6,500,000 | +9.2% | $1,233 / Sq Ft |
| 01/11/2024 01/11/24 | For Sale | $5,950,000 | +10.2% | $1,128 / Sq Ft |
| 10/28/2022 10/28/22 | Sold | $5,400,000 | -11.5% | $971 / Sq Ft |
| 05/23/2022 05/23/22 | Price Changed | $6,100,000 | -6.2% | $1,097 / Sq Ft |
| 01/15/2022 01/15/22 | For Sale | $6,499,900 | -- | $1,169 / 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 |
|---|---|---|---|---|
| 2024 | $50,834 | $2,730,100 | $2,730,100 | $0 |
| 2023 | $49,970 | $2,603,100 | $2,603,100 | $0 |
| 2022 | $49,970 | $2,202,900 | $2,202,900 | $0 |
| 2021 | $48,160 | $2,051,400 | $2,051,400 | $0 |
| 2020 | $47,422 | $1,727,700 | $1,727,700 | $0 |
| 2019 | -- | $1,623,400 | $1,623,400 | $0 |
| 2018 | -- | $1,344,600 | $1,344,600 | $0 |
| 2017 | -- | $1,408,300 | $1,408,300 | $0 |
| 2016 | -- | $1,176,200 | $1,176,200 | $0 |
| 2015 | -- | $1,174,600 | $0 | $0 |
| 2014 | -- | $1,178,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Sam DeCamp
-
Anna DeCamp
Seller Co-Listing Agent in 2024
Anna DeCamp
Gaslight Group Properties
(231) 373-2625
59 Total Sales
-
Patrick Leavy
Buyer's Agent in 2024
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
(231) 838-6700
392 Total Sales
-
Lee Ford Walsh
Seller's Agent in 2022
Lee Ford Walsh
Coldwell Banker Schmidt- Harbor Springs
(248) 229-6490
109 Total Sales
Map
Similar Home in Harbor Springs, MI
Source: Northern Michigan MLS
MLS Number: 472926
APN: 16-15-09-400-007
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