NOT LISTED FOR SALE

1271 Shores Dr Unit 18 Petoskey, MI 49770

Estimated Value: $366,000 - $4,260,000

4 Beds
6 Baths
6,653 Sq Ft
$399/Sq Ft Est. Value

Last Sold July 30, 2020

Last sale price $2,325,000 $349 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $18,932/month

Highlights

  • 83 Feet of Waterfront
  • Deck
  • Main Floor Primary Bedroom
  • Clubhouse
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of July 2020

If you're looking for a haven away from the stress of everyday life, what better place to do it than in Bay Harbor, the award winning lakeside retreat on Little Traverse Bay in Northern Michigan. Home to The Shores, one of the most sought after private enclaves in this world-class resort community, featuring front row views of Bay Harbor Lake and Little Traverse Bay. This waterfront residence is nothing less than what you would expect to find in Bay Harbor, elegant, bright and built with the care and skill of the area’s finest craftsmen. With easy access to the world class Bay Harbor Yacht Club, which is mere steps away and the Village at Bay Harbor, a short bike ride away, this one of a kind property is surrounded by manicured grounds. Incomparable luxury and attention to detail is evident throughout this three level luxury residence that was completely redecorated with all new furnishings from Restoration Hardware. An extensive list of amenities includes a gourmet chef’s kitchen, four private bedroom suites (each with its own bathroom), two powder rooms, the latest technology, custom millwork, a grand foyer and staircase, and a private office. There is a lower level walkout with a spacious family room that leads to a stone patio where you can enjoy spending time with family and friends while taking in the amazing views. A large two and a half car garage with plenty of room for your toys rounds out the amazing features for this beautiful home. This residence is being offered fully furnished, ready for occupancy and to use this season. Located at the nautical center of the Great Lakes, this is an incredible opportunity to enjoy nature at its finest while sampling some of the best shopping, entertainment, and dining the area has to offer. A list of exclusions is available. Easy to show by appointment & with safety protocols!

Last Agent to Sell the Property

Wally Kidd

Kidd & Leavy Real Estate Co. LLC Listed on: 07/23/2020

Last Buyer's Agent

Patrick Leavy

Kidd & Leavy Real Estate Co. LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,022

Year Built

  • Built in 2007

Lot Details

  • 83 Feet of Waterfront
  • Sprinkler System
  • Property is zoned PUD

HOA Fees

  • $321 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 6,653 Sq Ft Home
  • Elevator
  • Gas Fireplace
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Second Floor Utility Room
  • Dryer
  • Wood Flooring
  • Water Views
  • Home Security System

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 52-18-10-110-118

Community Details

Overview

  • Bay Harbor Bh Association

Amenities

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,022

Year Built

Built in 2007

Lot Details

0

HOA Fees

$321 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2007
  • Lvt Date: 07/23/2020
  • Section: 10
  • Second Address Number: 1271
  • Directions: 2 miles southwest of Petoskey on US 31 to Bay Harbor
  • Price per Sq Ft: 349.47
  • OFFICELIST_STATE: MI
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2007

Interior Features

  • Features: Cable, Central Air, Deck, Dishwasher, Dryer, Gas Fireplace, Paved Drive, Range, Refrigerator, Sprinkler System, Wood Floors, Security System, Elevator
  • Total Finished Sq Ft: 6653
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Total Rooms: 16
  • Basement: Full, Walkout, Finished
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Lower
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 4816
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Upper
  • Number Of Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Pella

Exterior Features

  • Construction: Wood Frame/Site Built
  • Lake: BayHarbor
  • Roof: Asphalt Shingle
  • Waterfront Frontage: 83
  • Waterfront Water Access: Water Front
  • Water View: Yes
  • Wf Wa Ownership Type: Deeded and Private Ownership

Garage/Parking

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

Utilities

  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Association: Bay Harbor BH
  • Association: Yes
  • Fees: 3854

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Lot: Y
  • Zoning: PUD

Tax Info

  • Assessor Parcel Number: 52-18-10-110-118

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Jul 30, 2020
Sold by
Haskins Richard J
Bought by
Mcguirk Leroy J Trust
Seller's Agent
Wally Kidd
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
List Price
$2,790,000
Sold Price
$2,325,000
Premium/Discount to List
-$465,000
-16.67%
Current Estimated Value
$2,655,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,916
Avg. Annual Appreciation
2.84%

Purchase Details

Closed on
Mar 2, 2020
Sold by
Haskins Richard J
Bought by
Rjh Family Trust

Purchase Details

Closed on
Sep 29, 2017
Sold by
Haskins Family Trust
Bought by
Haskins Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,740,000
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2008
Sold by
Jak Llc
Bought by
Haskins Richard J and Haskins Janis M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,740,000
Interest Rate
6.52%

Purchase Details

Closed on
Apr 22, 2005
Bought by
Jak Llc

Purchase Details

Closed on
May 1, 1996
Sold by
Bay Harbor
Bought by
Wood Pta
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mcguirk Leroy J Trust -- --
Rjh Family Trust -- --
Haskins Richard J -- Devon Title Agency
Haskins Richard J -- --
Jak Llc $710,000 --
Wood Pta $263,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcguirk Leroy J Trust $1,750,000
Previous Owner Haskins Richard J $1,740,000
Previous Owner Haskins Richard J $1,740,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2020 07/30/20 Sold $2,325,000 -16.7% $349 / Sq Ft
07/23/2020 07/23/20 For Sale $2,790,000 -- $419 / 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 $55,022 $1,613,700 $1,613,700 $0
2024 $55,022 $1,490,400 $1,490,400 $0
2023 $33,045 $1,172,500 $1,172,500 $0
2022 $33,045 $957,900 $957,900 $0
2021 $32,160 $917,200 $917,200 $0
2020 $45,408 $926,000 $926,000 $0
2019 -- $925,800 $925,800 $0
2018 -- $806,700 $806,700 $0
2017 -- $878,100 $878,100 $0
2016 -- $864,900 $864,900 $0
2015 -- $854,500 $0 $0
2014 -- $1,006,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 462688

Northern Michigan MLS

APN: 52-18-10-110-118