1340 Little Traverse Bay Dr Unit 5 Petoskey, MI 49770
3
Beds
2
Baths
1,130
Sq Ft
$441/mo
HOA Fee
Highlights
- 600 Feet of Waterfront
- Deck
- Wood Flooring
- Private Pool
- Cathedral Ceiling
- Main Floor Primary Bedroom
About This Home
As of September 2024Enjoy spectacular Lake Michigan views and flaming sunsets! Natural light floods this condo through the new windows and a large skylight. Cozy up to the wood burning fireplace after a day on the nearby slopes or walking around the bay on The Little Traverse Wheelway bike path located at your private association beachfront. Many recent updates, including new wood flooring, all major utility systems, granite kitchen counter tops and all new master bathroom. (Any initial offers will be reviewed on August 25th at 5pm. Seller reserves the right to accept an offer before 8/25/24.) Offered Turnkey.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Michigan Real Estate - HS Listed on: 08/18/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,606
Year Built
- Built in 1988
Lot Details
- 600 Feet of Waterfront
HOA Fees
- $441 Monthly HOA Fees
Parking
- Driveway
Home Design
- Wood Frame Construction
- Asphalt Shingled Roof
Interior Spaces
- 1,130 Sq Ft Home
- Cathedral Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Thermal Windows
- Living Room
- Dining Room
- First Floor Utility Room
- Wood Flooring
- Water Views
Kitchen
- Range
- Built-In Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Private Pool
- Water Access
- Deck
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Well
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 01-16-28-476-105
Community Details
Overview
- Tannery Creek Association
Recreation
- Snowmobile Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 18, 2024
Closed on
Sep 9, 2024
Sold by
Patterson Denise Ann and Patterson Brian R
Bought by
Wilkie Paul and Wilkie Nancy
Seller's Agent
Shelly Holbrook
Berkshire Hathaway HomeServices Michigan Real Estate - HS
Buyer's Agent
Pete Stikovich
Little Traverse Bay Realty
List Price
$440,000
Sold Price
$476,500
Premium/Discount to List
$36,500
8.3%
Views
68
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,047
Avg. Annual Appreciation
10.79%
Purchase Details
Listed on
Aug 18, 2024
Closed on
Sep 6, 2024
Sold by
Patterson Denise Ann
Bought by
Wilkie Paul and Wilkie Nancy
Seller's Agent
Shelly Holbrook
Berkshire Hathaway HomeServices Michigan Real Estate - HS
Buyer's Agent
Pete Stikovich
Little Traverse Bay Realty
List Price
$440,000
Sold Price
$476,500
Premium/Discount to List
$36,500
8.3%
Views
68
Purchase Details
Closed on
Jun 2, 2004
Sold by
Jolly Keith and Jolly Margaret
Bought by
Patterson Denise Ann and Patterson Brian R
Purchase Details
Closed on
Apr 1, 1996
Bought by
Jolly Pta
Purchase Details
Closed on
Nov 1, 1993
Sold by
Russell Wd L530 P296
Bought by
Dastous
Purchase Details
Closed on
Dec 1, 1986
Sold by
Shneider Wd L378 P319
Bought by
Russell +15000 P Rps
Purchase Details
Closed on
Feb 1, 1979
Sold by
Bayview Inv
Bought by
Schneider
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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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $476,500 | -- | |
| Warranty Deed | $476,500 | -- | |
| Warranty Deed | $262,000 | -- | |
| Warranty Deed | $90,000 | -- | |
| Deed | $85,000 | -- | |
| Deed | $68,500 | -- | |
| Warranty Deed | $73,900 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/09/2024 09/09/24 | Sold | $476,500 | +8.3% | $422 / Sq Ft |
| 08/18/2024 08/18/24 | For Sale | $440,000 | -- | $389 / Sq Ft |
Source: Northern Michigan MLS
Tax History Compared to Growth
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 | $4,606 | $223,700 | $223,700 | $0 |
| 2024 | $4,606 | $179,600 | $179,600 | $0 |
| 2023 | $4,190 | $159,600 | $159,600 | $0 |
| 2022 | $4,190 | $150,900 | $150,900 | $0 |
| 2021 | $4,054 | $147,400 | $147,400 | $0 |
| 2020 | $3,988 | $149,100 | $149,100 | $0 |
| 2019 | $3,734 | $146,700 | $146,700 | $0 |
| 2018 | $3,682 | $141,300 | $141,300 | $0 |
| 2017 | -- | $139,700 | $139,700 | $0 |
| 2016 | -- | $116,400 | $116,400 | $0 |
| 2015 | -- | $110,600 | $0 | $0 |
| 2014 | -- | $95,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Shelly Holbrook
Berkshire Hathaway HomeServices Michigan Real Estate - HS
(231) 330-2050
4 in this area
15 Total Sales
-
Buyer's Agent in 2024
Pete Stikovich
Little Traverse Bay Realty
(231) 622-3058
9 in this area
95 Total Sales
Map
Source: Northern Michigan MLS
MLS Number: 474670
APN: 01-16-28-476-105
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