NOT LISTED FOR SALE

1151 Cedar Ln Unit 45 Petoskey, MI 49770

Estimated Value: $810,000 - $934,000

3 Beds
2 Baths
3,800 Sq Ft
$565/mo HOA Fee

Last Sold October 15, 2020

Last sale price $437,500 $115 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $5,961/month

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • Cathedral Ceiling
  • First Floor Utility Room
  • Living Room

About This Home

As of October 2020

Located along the first hole of the award winning golf course "The Preserve" within the gated community of Bay Harbor this well-appointed condo offers peace and tranquility with an abundance of mature trees and privacy. This home boasts premium cedar siding, beamed cathedral ceilings, Brazilian cherry floors, two gas fireplace, solid/handcrafted interior doors and cabinets, Viking appliances, granite countertops and Pella windows. This fantastic townhome features the finest appointments with an additional unfinished lower level that is ready for the next owner to make theirs.The Bay Harbor lifestyle provides their residents shopping, fine/family dining, entertainment, and all the beauty of Northern Michigan. Just a short GEM car ride into the Marina District from the Preserve and you are in the heart of all the action. Five minute drive to Petoskey's Gaslight District and the areas leading health care facility, McLaren Northern Michigan.

Last Agent to Sell the Property

Wally Kidd

Kidd & Leavy Real Estate Co. LLC Listed on: 06/23/2020

Last Buyer's Agent

Carole Griffin

@properties Christie's International Real Estate - Petoskey

@properties Christie's International Real Estate - Petoskey

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,500

Year Built

  • Built in 2002

Lot Details

  • 3,877

HOA Fees

  • $565 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 3,800 Sq Ft Home
  • Cathedral Ceiling
  • Gas Fireplace
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Bay Harbor Bh Association

Listing and Financial Details

  • Assessor Parcel Number 52-18-08-120-145

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,500

Year Built

Built in 2002

Lot Details

0

HOA Fees

$565 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2002
  • Lvt Date: 06/23/2020
  • Measurement Source: Owner
  • Personal Prop Inc: Y
  • Section: 8
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2002

Interior Features

  • Features: Built In Microwave, Cable, Cathedral Ceilings, Central Air, Deck, Dishwasher, Garbage Disposal, Gas Fireplace, Paved Drive, Range, Refrigerator
  • Total Finished Sq Ft: 3800
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: N/A
  • Total Rooms: 7
  • Basement: Full
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: N/A
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 2910
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A

Exterior Features

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

Garage/Parking

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

Utilities

  • Heat Type: Natural Gas
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association: Bay Harbor BH
  • Association: Yes
  • Condo Unit Number: 45
  • Condo: Yes
  • Fees: 1695

Schools

  • School District: Petoskey

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 52-18-08-120-145

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2024
Sold by
Frampton Karen and Frampton William
Bought by
Krieger John M and Krieger Linda
Current Estimated Value
$852,810

Purchase Details

Closed on
Mar 4, 2024
Sold by
Frampton Karen
Bought by
Krieger John M and Krieger Linda

Purchase Details

Listed on
Jun 23, 2020
Closed on
Oct 12, 2020
Sold by
Thomas Sebold
Bought by
Karen Frampton and Karen William
Seller's Agent
Wally Kidd
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Carole Griffin
@properties Christie's International Real Estate - Petoskey
List Price
$499,000
Sold Price
$437,500
Premium/Discount to List
-$61,500
-12.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.40%

Purchase Details

Closed on
Apr 15, 2008
Sold by
Thomas Sebold And Associates Land Develo
Bought by
Thomas Sebold And Associates Inc
Source: Public Records

Range of Values:

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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
Krieger John M -- Talon Title Agency
Krieger John M -- --
Karen Frampton -- --
Thomas Sebold And Associates Inc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $437,500 -12.3% $115 / Sq Ft
06/23/2020 06/23/20 For Sale $499,000 -- $131 / 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 $10,500 $458,700 $458,700 $0
2024 $10,500 $379,900 $379,900 $0
2023 $14,599 $300,500 $300,500 $0
2022 $14,599 $276,100 $276,100 $0
2021 $14,253 $268,600 $268,600 $0
2020 $9,775 $231,500 $231,500 $0
2019 -- $210,000 $210,000 $0
2018 -- $190,500 $190,500 $0
2017 -- $191,700 $191,700 $0
2016 -- $201,000 $201,000 $0
2015 -- $256,500 $0 $0
2014 -- $186,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wally Kidd

    Seller's Agent in 2020

    Wally Kidd

    Kidd & Leavy Real Estate Co. LLC

    (231) 838-2700

    49 in this area

    173 Total Sales

    Wally Kidd
    Section Image
  • Carole Griffin

    Buyer's Agent in 2020

    Carole Griffin

    @properties Christie's International Real Estate - Petoskey

    (231) 838-4977

    20 in this area

    56 Total Sales

    Carole Griffin
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 462284

Northern Michigan MLS

APN: 52-18-08-120-145

Michigan Emmet County Petoskey 49770

1151 Cedar Ln Unit 45, Petoskey, MI

This home is located at 1151 Cedar Ln Unit 45, Petoskey, MI 49770 since 23 June 2020 and is currently estimated at $852,810, approximately $224 per square foot. This property was built in 2002. 1151 Cedar Ln Unit 45 is a home located in Emmet County with nearby schools including Petoskey High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Michigan MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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