NOT LISTED FOR SALE

1220 Aspen Way Petoskey, MI 49770

Estimated Value: $683,000 - $940,000

4 Beds
3.5 Baths
3,100 Sq Ft
$565/mo HOA Fee

Last Sold March 05, 2020

Last sale price $315,000 $102 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $5,498/month

446 Days on Market

Highlights

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

About This Home

As of March 2020

The 3,000 square foot condo fronts a most unique golf course – The Quarry. Literally built in an old quarry, this golf course brings views, vistas, elevated tee boxes and lush fairways. Buying a condo is a great way into the Bay Harbor lifestyle. Park the car in the garage. Travel the gated community via electric GEM car. The golf club, the yacht club, the village restaurants and the Great Lakes Center for the Arts, all on site and all only minutes away. Four bedrooms, three and one-half bath. Large vaulted ceilings and Pella windows to bring the view to your open floor plan. The finished walk out lower level creates great space for guest families and friends.

Last Agent to Sell the Property

Eric Yetter

Harbor Sothebys International Realty Listed on: 11/01/2018

Harbor Sothebys International Realty

Last Buyer's Agent

Jackie Hayes

Berkshire Hathaway HomeServices Real Estate License #6501232975

Berkshire Hathaway HomeServices Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,400

Year Built

  • Built in 1999

HOA Fees

  • $565 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 3,100 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Water Views

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Bay Harbor Bh Association

Listing and Financial Details

  • Assessor Parcel Number 52-18-08-120-113

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,400

Year Built

Built in 1999

Lot Details

0

HOA Fees

$565 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1999
  • Lvt Date: 11/08/2018
  • Section: 8
  • Second Address Number: 1220
  • Directions: US 31 to the Preserve entrance, turn right onto Quarry View drive then left onto Aspen Way to condo.
  • Price per Sq Ft: 101.61
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1999

Interior Features

  • Features: Cable, Cathedral Ceilings, Ceiling Fans, Central Air, Deck, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace, Patio, Paved Drive, Range, Refrigerator, Washer, Paved Road
  • Total Finished Sq Ft: 3100
  • Master Bedroom: Dimensions: 24 x 12, On Level: Main
  • Bedroom 2: Dimensions: 12.5 x 13.5, On Level: Upper
  • Bedroom 3: Dimensions: 16.5 x 12, On Level: Upper
  • Bedroom 4: Dimensions: 16 x 16, On Level: Lower
  • Total Rooms: 9
  • Basement: Full, Walkout, Finished
  • Dining Room: Dimensions: 12 x 12, On Level: Main
  • Kitchen: Dimensions: 14 x 14, On Level: Main
  • Family Room: Dimensions: 28 x 28, On Level: Lower
  • Living Room: Dimensions: 24 x 24, On Level: Main
  • Above Grade Finished Sq Ft: 2200
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Upper
  • Number Of Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Pella

Exterior Features

  • Construction: Wood Frame/Site Built, Two Story +
  • Lake: Michigan
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither
  • Water View: Yes

Garage/Parking

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

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Association: Bay Harbor BH
  • Association: Yes
  • Condo Unit Number: 13
  • Condo: Yes
  • Fees: 1695
  • Other Association Fees: $947/quart

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Zoning: PUD

Tax Info

  • Assessor Parcel Number: 52-18-08-120-113

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2018
Closed on
Mar 2, 2020
Sold by
Martin Jack F
Bought by
Montagne Peter M Trust
Seller's Agent
Eric Yetter
Harbor Sothebys International Realty
Buyer's Agent
Jackie Hayes
Berkshire Hathaway HomeServices Real Estate
List Price
$499,000
Sold Price
$315,000
Premium/Discount to List
-$184,000
-36.87%
Current Estimated Value
$814,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$499,039
Avg. Annual Appreciation
18.58%
Original Mortgage
$246,800
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2000
Sold by
Devon Wesley S and Devon Terri L
Bought by
Martin Jack F and Mary Jacqueline

Purchase Details

Closed on
Mar 9, 1999
Bought by
Devon Wesley S and Devon Terri L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Montagne Peter M Trust -- --
Martin Jack F $670,000 --
Devon Wesley S $610,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montagne Peter M Trust $246,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2020 03/05/20 Sold $315,000 -21.2% $102 / Sq Ft
10/23/2019 10/23/19 Price Changed $399,900 -6.8% $129 / Sq Ft
05/30/2019 05/30/19 Price Changed $429,000 -14.0% $138 / Sq Ft
11/01/2018 11/01/18 For Sale $499,000 -- $161 / 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 $7,400 $307,100 $307,100 $0
2024 $7,400 $263,600 $263,600 $0
2023 $6,787 $210,500 $210,500 $0
2022 $6,787 $194,600 $194,600 $0
2021 $6,648 $189,600 $189,600 $0
2020 $5,213 $164,300 $164,300 $0
2019 -- $150,000 $150,000 $0
2018 -- $139,000 $139,000 $0
2017 -- $139,900 $139,900 $0
2016 -- $146,200 $146,200 $0
2015 -- $201,900 $0 $0
2014 -- $137,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northern Michigan MLS

MLS Number: 457138

Northern Michigan MLS

APN: 52-18-08-120-113