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540 Summit St

Harbor Springs, MI 49740

3 bd 2 ba 1,640 sqft Built 1975 Lot 20,822 sqft single_family
Most recent sale
$739,900
Oct 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 15, 2026 Listed $729,000 NorthernMI
Oct 10, 2025 Listed $775,000 NorthernMI
Aug 28, 2025 Price changed $799,000 Waterwonderland
Aug 13, 2025 Price changed $849,000 NorthernMI
Jul 10, 2025 Listed $897,000 Waterwonderland
Oct 3, 2022 Sold $739,900 Public Record
Aug 28, 2022 Listed $749,900 MLS #469384
May 26, 2022 Listed $779,000 MLS #468325
Oct 18, 2017 Listing removed $299,900 NorthernMI
Oct 10, 2017 Price changed $299,900 MLS #452700
Oct 8, 2017 Relisted $304,900 MLS #452700
Sep 30, 2017 Listing removed $304,900 NorthernMI
Sep 14, 2017 Price changed $314,900 MLS #452700
Aug 28, 2017 Price changed $324,900 MLS #452700
Jul 21, 2017 Listed $329,000 MLS #452700
May 19, 2012 Listing removed $249,000 NorthernMI
Jan 11, 2012 Listed $249,000 MLS #432390
Apr 5, 2010 Listing removed $185,000 NorthernMI
Mar 30, 2010 Sold $155,000 Public Record
Feb 13, 2010 Price changed $185,000 MLS #421437
Apr 16, 2009 Listed $199,000 MLS #421437

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $176,000 $2,533
2012 $77,800 $2,077
2011 $87,300 $2,369
2010 $89,100 $2,402

Property facts

Year built
1975
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,640 sqft
Lot size
20,822 sqft
ZIP code
49740
City
Harbor Springs
Street
Summit St
Coordinates
45.43332, -85.00067

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,460
Gross rental yield
3.99%
Implied cap rate
2.59%
Trend-extrapolated value

Frequently asked questions

When did 540 Summit St last sell?
540 Summit St most recently sold on Oct 3, 2022 for $739,900.
What is the current tax assessment for 540 Summit St?
The most recent total assessment for 540 Summit St (year 2020) is $176,000 with $2,533 in property tax.
How does 540 Summit St's assessment compare to its last sale price?
The current assessment is 76.2% below the last sale price of $739,900.
When was 540 Summit St built?
540 Summit St was built in 1975.
How does 540 Summit St compare to others on Summit St?
We track 8 other properties on Summit St. Browse the list under "Other properties on Summit St" to compare beds, baths, and sale history.
What are the property facts for 540 Summit St?
540 Summit St is a 3 bed, 2 bath, 1,640 sqft, 20,822 sqft lot single_family.
Is 540 Summit St a flip candidate?
No — 540 Summit St does not appear in our flips dataset.
Is 540 Summit St a tax-appeal candidate?
No — 540 Summit St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+7.2%
Implied 1-yr
+28.7%
2026 Q2
$754.1K
2026 Q3
$791K
ZIP 49740 — Median Price History + Forecast

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