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Contingent
  • Price cut: $15K (6/26)
    $284,900

    575 Rainbow Dr, East Tawas, MI 48730

    2beds
    1,248sqft
    : 
    $1,916/mo
    Get pre-qualified
    Single Family Residence
    Built in 1971
    0.31 Acres Lot
    $274,200 Zestimate®
    $228/sqft
    $-- HOA

    What's special

    Cozy homeLots of natural lightMultipurpose roomBreathtaking views
    Get ready for up north, lake front living, surrounded by nature! This cozy home contains 2 bedrooms, 1.5 bath home, and a multipurpose room with 3rd bedroom suite potential. This beauty is nestled just outside of downtown East Tawas, giving you the best of both worlds; All the Peace and quiet you could dream of, and all the downtown activity close by. Come enjoy all that Tawas lake living has to offer; Fishing, kayaking, water fowl hunting, not to mention GORGEOUS sunsets; Lots of natural light; Breathtaking views. You will enjoy sitting on your back deck which overlooks the lake. Very spacious 24x32, partially insulated garage to store all of your toys. Garage has a nearly new furnace waiting to be installed and included with the property; 2 year old metal roof on home and garage; You’re going to want to check this one quickly!
    78 days
    |
    387
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    SCOTT SHAMEL,

    American Associates, Inc. 810-733-3435

    Source: NGLRMLS,MLS#: 1945238MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      Rooms
      • Room types: Workshop
      Primary bedroom
      • Area: 144
      • Dimensions: 12 x 12
      Primary bathroom
      • Features: Shared
      Kitchen
      • Area: 156
      • Dimensions: 13 x 12
      Living room
      • Area: 192
      • Dimensions: 16 x 12
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Refrigerator, Microwave, Washer, Dryer, Oven, Cooktop
      • Laundry: Main Level
      Features
      • Drywall, Cable TV
      • Basement: Crawl Space
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 1,248
      • Total interior livable area: 1,248 sqft
      • Finished area above ground: 1,248
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached, Garage Door Opener, Asphalt
      • Garage spaces: 2
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck, Porch
      • On waterfront: Yes
      • Waterfront features: Inland Lake, Pond, Lake
      • Body of water: Tawas Lake
      • Frontage length: 66
      Lot
      • Size: 0.31 Acres
      • Dimensions: 66 x 226
      • Features: Level, Subdivided
      Details
      • Additional structures: None
      • Parcel number: 121T1100008600
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Frame, Vinyl Siding
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1971

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Private

      Community & HOA

      Community
      • Features: None
      • Subdivision: East Tawas
      HOA
      • Services included: None
      Location
      • Region: East Tawas

      Financial & listing details

      • Price per square foot: $228/sqft
      • Tax assessed value: $61,551
      • Annual tax amount: $2,247
      • Price range: $284.9K - $284.9K
      • Date on market: 5/16/2026
      • Cumulative days on market: 48 days
      • Listing agreement: Exclusive Right Sell
      • Listing terms: Conventional,Cash,FHA,VA Loan
      • Ownership type: Private Owner
      • Road surface type: Asphalt

        Estimated market value

        $274,200

        $260,000 - $288,000

        $1,742/mo

        Price history

        DateEventPrice
        7/9/2026Contingent$284,900$228/sqft
        Source: NGLRMLS #1945238 Report a problem
        6/26/2026Price change$284,900-5%$228/sqft
        Source: NGLRMLS #1945238 Report a problem
        6/5/2026Pending sale$299,900$240/sqft
        Source: NGLRMLS #1945238 Report a problem
        5/16/2026Listed for sale$299,900+100.1%$240/sqft
        Source: NGLRMLS #1945238 Report a problem
        10/23/2011Listing removed$149,900$120/sqft
        Source: CENTURY 21 Tawas Realty #123441 Report a problem
        5/14/2011Listed for sale$149,900$120/sqft
        Source: Tawas Realty #123441 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,247 +9.9%$114,900 +37.3%
        2024$2,044 +8.6%$83,700 +3.6%
        2023$1,883 +3.2%$80,800 +32.2%
        2022$1,824 +2.7%$61,100 +11.3%
        2021$1,775 $54,900 +6.2%
        2020$1,775 $51,700 -3.4%
        2019-- $53,500 +4.3%
        2018-- $51,300 -7.4%
        2017-- $55,400
        2016-- $55,400 +11.2%
        2015-- $49,800 +4%
        2014-- $47,900 -2.2%
        2013-- $49,000 +11.9%
        2012-- $43,800
        2011-- $43,800 +0.9%
        2010-- $43,400
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 48730

        Getting around

        4 / 100
        Car-Dependent
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Tawas Area Schools

        Source: NGLRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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