NOT LISTED FOR SALE

1071 Roy Rd Petoskey, MI 49770

Estimated Value: $766,000 - $1,091,211

6 Beds
4.5 Baths
5,394 Sq Ft
$176/Sq Ft Est. Value

Last Sold March 21, 2025

Last sale price $980,000 $182 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,461/month

231 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • First Floor Utility Room
  • Cathedral Ceiling
  • Main Floor Primary Bedroom
  • 3 Car Attached Garage

About This Home

As of March 2025

Perched on a hilltop with dramatic Crooked Lake views over the Joy Valley is this magnificent newer construction custom home that is basically your own private oasis, close to town, yet away from it all... This is the ultimate in privacy and luxury, just east of Petoskey and featuring a multitude of custom finishes that include: a giant main floor primary suite, custom gourmet kitchen with a secret pantry, vaulted ceilings in the great room, 10-foot ceilings in the lower-level walkout, geothermal heating and cooling, a nearly 1200 ft.2 of garage, unique kids lofts on the 3rd floor, and not one but two family/kids entertainment areas aside from the warm and inviting main floor living room. The replication cost for a house of this stature would be double the asking price or more and at least a 2-year process. This is a special property spanning 2 separate parcels in an area of high-value homes just waiting for the next owner with discerning tastes and an eye for detail. Call today for a private tour of this unique and stately offering.

Last Agent to Sell the Property

Michael MacCarthy

Gaslight Group Properties Listed on: 08/02/2024

Last Buyer's Agent

Geno D'angelo

Real Broker

Real Broker

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2011

Lot Details

  • 9.65 Acre Lot
  • Property is zoned FF-1

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 5,394 Sq Ft Home
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Heating System Uses Propane
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 14-20-09-200-027

Home Details

Home Type

Single Family

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2011
  • Lvt Date: 08/02/2024
  • Section: 9
  • Second Address Number: 1071
  • Directions: From Petoskey travel East on Mitchell Street to Mitchell Road or C58. Turn right on Roy Road and the property is the first driveway on the left.
  • OFFICELIST_STATE: MI
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2011

Interior Features

  • Features: Cathedral Ceilings, Central Air, Deck, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace, Paved Drive, Range, Refrigerator, Washer, Wood Fireplace, Wood Floors
  • Total Finished Sq Ft: 5394
  • Master Bedroom: Dimensions: 12' 11" x 20' 4", On Level: Main
  • Bedroom 2: Dimensions: 15' 7" x 15' 7", On Level: Upper
  • Bedroom 3: Dimensions: 16' 8" x 19' 8", On Level: Upper
  • Bedroom 4: Dimensions: 16' 8" x 11' 2", On Level: Lower
  • Basement: Full, Walkout, Finished
  • Dining Room: Dimensions: 16' 8" x 14' 4", On Level: Main
  • Kitchen: Dimensions: 12' 7" x 14' 9", On Level: Main
  • Family Room: Dimensions: 20' 9" x 23' 10", On Level: Lower
  • Living Room: Dimensions: 29' 6" x 31' 9", On Level: Main
  • Above Grade Finished Sq Ft: 3740
  • Bathroom 1: Dimensions: 7' 6" x 27' 10", On Level: Main
  • Bathroom 2: Dimensions: 9' 8" x 5' 8", On Level: Upper
  • Number Of Bedrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Rooms 1: Dimensions: 21' 5" x 30' 7", On Level: Upper
  • Rooms 2: Dimensions: 12' 4" x 14' 0", On Level: Lower
  • Windows: Pella

Exterior Features

  • Construction: Wood Frame/Site Built
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

  • Garage Carport: Garage-Attached
  • Gar Car Capacity: Three

Utilities

  • Heat Type: LP Gas, Geothermal
  • Sewer: Septic
  • Water: Well

Schools

  • School District: Petoskey

Lot Info

  • Estimated Number of Acres: 9.65
  • Zoning: FF-1

Tax Info

  • Assessor Parcel Number: 14-20-09-200-027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2010
Sold by
Osborne Shaun Michael and Cordes Osborne Shawn
Bought by
Osborne Shaun Michael and Cordes Osborne Shawn
Current Estimated Value
$947,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$273,686
Interest Rate
4.63%
Estimated Equity
$673,617

Purchase Details

Closed on
May 30, 2008
Sold by
Watson David R and David R Watson Trust Uta Dated
Bought by
Osborne Shaun M and Cordes Osborne Shawn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Osborne Shaun Michael -- --
Osborne Shaun M $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osborne Shaun Michael $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2025 03/21/25 Sold $980,000 -9.2% $182 / Sq Ft
08/02/2024 08/02/24 For Sale $1,079,000 -- $200 / 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
2025 $5,967 $499,300 $499,300 $0
2024 $5,967 $459,100 $459,100 $0
2023 $5,493 $380,300 $380,300 $0
2022 $5,493 $294,600 $294,600 $0
2021 $5,317 $289,200 $289,200 $0
2020 $5,165 $283,400 $283,400 $0
2019 -- $269,000 $269,000 $0
2018 -- $239,400 $239,400 $0
2017 -- $232,000 $232,000 $0
2016 -- $223,400 $223,400 $0
2015 -- $203,900 $0 $0
2014 -- $187,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 474549

Northern Michigan MLS

APN: 14-20-09-200-027