NOT LISTED FOR SALE

1151 Cedar Ln Petoskey, MI 49770

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

3 Beds
2 Baths
3,800 Sq Ft
$667/mo HOA Fee

Last Sold March 06, 2024

Last sale price $700,000 $184 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $6,085/month

27 Days on Market

Highlights

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

About This Home

As of March 2024

This luxurious and well-appointed townhome is located within the gated community of Bay Harbor, Michigan, along the first hole of "The Preserve" golf course. If you are looking for privacy and a great location, here it is. This three bedroom, two bath boosts: Grand suite on Main floor, beamed cathedral ceilings, Brazilian cherry floors, solid handcrafted interior doors & cabinets, plus two gas fireplaces, and granite countertops; all trademarks of a quality built TSA (Thomas Sebold & Associates) home. In addition, the unfinished lower level with in-floor heating offers new owners additional living space. The Bay Harbor lifestyle with numerous amenities along with membership (membership required) to the Bay Harbor Yacht Club makes this the perfect place to love where you live in northern Michigan! Call today for your private showing.

Last Agent to Sell the Property

Carole Griffin

@properties Christie's International Real Estate - Petoskey Listed on: 02/08/2024

@properties Christie's International Real Estate - Petoskey

Last Buyer's Agent

Brad Rellinger

Harbor Sothebys International Realty

Harbor Sothebys International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,500

Year Built

  • Built in 2000

Lot Details

  • 3,877

HOA Fees

  • $667 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 3,800 Sq Ft Home
  • Cathedral Ceiling
  • 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

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

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

Community Details

  • The Woods 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 2000

Lot Details

0

HOA Fees

$667 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2000
  • Lvt Date: 02/08/2024
  • Section: 8
  • Second Address Number: 1151
  • Directions: Take 31 west from Petoskey, turn right into The Preserve at Bay Harbor Entrance, go straight through stop sign, (stop first!), turn right onto Cedar Lane, home is on the left.
  • Price per Sq Ft: 184.21
  • OFFICELIST_STATE: MI
  • Street Designation: Lane
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2000

Interior Features

  • Features: Built In Microwave, Cable, Cathedral Ceilings, Central Air, Deck, Dishwasher, Dryer, Garbage Disposal, Paved Drive, Range, Refrigerator, Washer, Paved Road
  • 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: Upper
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • 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: Two

Utilities

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

Condo/Co-op/Association

  • Association: The Woods
  • Association: Yes
  • Condo Unit Number: 45
  • Condo: Yes
  • Fees: $2000
  • Other Association Fees: $5050. /YR

Schools

  • School District: Petoskey
  • 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

Listed on
Feb 8, 2024
Closed on
Mar 6, 2024
Sold by
Frampton Karen and Frampton William
Bought by
Krieger John M and Krieger Linda
Seller's Agent
Carole Griffin
@properties Christie's International Real Estate - Petoskey
Buyer's Agent
Brad Rellinger
Harbor Sothebys International Realty
List Price
$685,000
Sold Price
$700,000
Premium/Discount to List
$15,000
2.19%
Views
141
Current Estimated Value
$852,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,810
Avg. Annual Appreciation
13.78%

Purchase Details

Listed on
Feb 8, 2024
Closed on
Mar 4, 2024
Sold by
Frampton Karen
Bought by
Krieger John M and Krieger Linda
Seller's Agent
Carole Griffin
@properties Christie's International Real Estate - Petoskey
Buyer's Agent
Brad Rellinger
Harbor Sothebys International Realty
List Price
$685,000
Sold Price
$700,000
Premium/Discount to List
$15,000
2.19%
Views
141

Purchase Details

Closed on
Oct 12, 2020
Sold by
Thomas Sebold
Bought by
Karen Frampton and Karen William

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
03/06/2024 03/06/24 Sold $700,000 +2.2% $184 / Sq Ft
02/08/2024 02/08/24 For Sale $685,000 -- $180 / 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

  • Carole Griffin

    Seller's Agent in 2024

    Carole Griffin

    @properties Christie's International Real Estate - Petoskey

    (231) 838-4977

    21 in this area

    58 Total Sales

    Carole Griffin
    Section Image
  • Brad Rellinger

    Buyer's Agent in 2024

    Brad Rellinger

    Harbor Sothebys International Realty

    (231) 838-6055

    64 in this area

    98 Total Sales

    Brad Rellinger
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 473050

Northern Michigan MLS

APN: 52-18-08-120-145

Michigan Emmet County Petoskey 49770

1151 Cedar Ln, Petoskey, MI

This home is located at 1151 Cedar Ln, Petoskey, MI 49770 since 08 February 2024 and is currently estimated at $852,810, approximately $224 per square foot. This property was built in 2000. 1151 Cedar Ln 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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