Sold for $590,000

$590,000

1047 Bay Dr, Tawas City, MI 48763

15beds

9baths

3,500sqft

Multi Family

Built in 1940

-- sqft lot

$652,400 Zestimate^®

$169/sqft

$874 Estimated rent

Home value

$652,400

$594,000 - $724,000

$874/mo

Zestimate^® history

Owner options

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$874/mo

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$874/mo

Rent Zestimate^®

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$3,720/mo

Est. payment

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$3,720/mo

Est. payment

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What's special

Turn key opportunity! Have you always dreamed of owning your own Lake Huron Resort? This charming lake front property has 8 cabins ( five- two bedrooms, one- one bedroom and two-studios) each with it's own kitchen and bathroom, PLUS a 700+ square foot home with garage that could be used for onsite owners/managers or as another rental. Everything in the 8 rental cabins is included. Property also comes with three storage sheds, two kayaks, two paddleboards, several outdoor benches/chairs,/charcoal grills and a picnic table for each cabin. This property offers the best of both worlds with a shady grass lawn PLUS 100 feet of private sandy beach front. Grab a cup of coffee and greet each morning with a beautiful Lake Huron sunrise. In anticipation of the sale, current owners have left the calendar wide open so the new owners can set their own rates and rules.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 15
Bathrooms: 9

Heating

Forced Air, Gravity, Natural Gas

Cooling

Central Air, Window Unit(s)

Appliances

Included: Refrigerator, Oven/Range, Dishwasher, Microwave

Features

None, Cable TV, WiFi
Basement: Crawl Space
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 3,500
Total interior livable area: 3,500 sqft

Property

Parking

Parking features: Two Car

Accessibility

Accessibility features: None

Features

Levels: One and One Half,One
Stories: 1
Patio & porch: Patio
Has view: Yes
View description: Bay
Has water view: Yes
Water view: Bay
Waterfront features: Great Lake
Body of water: Lake Huron
Frontage length: 100

Lot

Size: 0.49 Acres
Dimensions: 100 x 212

Details

Additional structures: None
Parcel number: 13003640001400
Zoning description: Multi-Family

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Frame, Wood Siding
Foundation: Slab
Roof: Asphalt

Condition

New construction: No
Year built: 1940

Utilities & green energy

Sewer: Public Sewer
Water: Public

Green energy

Energy efficient items: Not Applicable

Community & HOA

Community

Features: None
Subdivision: Bay View Resort

Location

Region: Tawas City

Financial & listing details

Price per square foot: $169/sqft
Tax assessed value: $426,400
Annual tax amount: $9,000
Price range: $590K - $590K
Date on market: 6/24/2024
Cumulative days on market: 22 days
Listing agreement: Exclusive Right To Sell
Listing terms: Conventional,Cash
Ownership type: Private Owner
Lease term: Other

Price history

Date	Event	Price
7/16/2024	Sold	$590,000-9.2%$169/sqft
Source: NGLRMLS #1923909 Report a problem
6/27/2024	Pending sale	$649,900$186/sqft
Source: NGLRMLS #1923909 Report a problem
6/24/2024	Listed for sale	$649,900+37.1%$186/sqft
Source: NGLRMLS #1923909 Report a problem
8/3/2021	Sold	$474,000-2.1%$135/sqft
Source: Public Record Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
10/29/2020	Listing removed	$484,000$138/sqft
Source: Owner Report a problem
10/29/2020	Pending sale	$484,000$138/sqft
Source: Owner Report a problem
10/6/2020	Listed for sale	$484,000$138/sqft
Source: Owner Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,000 +8%	$213,200 +9%
2024	$8,330 +7.7%	$195,600 +28.1%
2023	$7,734 +19.5%	$152,700 +5.8%
2022	$6,471 +2%	$144,300 -2%
2021	$6,346	$147,300 +9.2%
2020	$6,346	$134,900 +6.7%
2019	--	$126,400 +10.1%
2018	--	$114,800 -15.8%
2017	--	$136,400
2016	--	$136,400 -8.3%
2015	--	$148,700 +14.6%
2014	--	$129,700 -6.8%
2010	--	$139,100