NOT LISTED FOR SALE

1490 Cove Rd Petoskey, MI 49770

Estimated Value: $1,894,000 - $2,405,274

3 Beds
3 Baths
4,442 Sq Ft
$484/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $1,324,000 $298 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $12,952/month

Highlights

  • 206 Feet of Waterfront
  • Wood Flooring
  • 2 Car Attached Garage
  • Deck
  • Wood Frame Window
  • Living Room

About This Home

As of July 2021

Newer custom built Crooked Lake home offering over 200’ of frontage and an endless supply of jaw-dropping views. The interior is full of rich details displaying the high level craftsmanship and elegant, one-of-a-kind design features that are a perfect blend of form and function. Entertaining is great with a chef's kitchen featuring a 6 burner Viking range, Starmark & Brookhaven cabinetry, a large island with bar stools, and an open design concept. No detail was missed from the energy efficient ICF construction, travertine foyer, gorgeous wood floors, to the show stopping, handmade double sided boulder fireplace. Attention to detail was carried to the exterior with the Idaho Silver Stone decking, Cedar Shake siding, and eye catching stone features. Enjoy watching the Northern Michigan wildlife and views of the inland waterway from the deck that leads straight from the master bedroom. 4th bedroom or bonus room above the garage is ready to be finished. Situated on just over an acre in a quiet area of the lake and neighboring a 40 acre parcel, privacy isn’t something to be missed. Professionally maintained and can possibly come furnished, this home is in move in condition.

Last Agent to Sell the Property

William Winslow

Coldwell Banker Schmidt- Harbor Springs Listed on: 05/26/2021

Coldwell Banker Schmidt- Harbor Springs

Last Buyer's Agent

David Shuman

Bay North Realty Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,137

Year Built

  • Built in 2013

Lot Details

  • 1.08 Acre Lot
  • 206 Feet of Waterfront
  • Property is zoned EC SR

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Asphalt Shingled Roof
  • Metal Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,442 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Wood Frame Window
  • Family Room
  • Living Room
  • Dining Room
  • Second Floor Utility Room
  • Wood Flooring
  • Water Views
  • Crawl Space

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 14-17-29-300-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,137

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2013
  • Lvt Date: 05/28/2021
  • Section: 29
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2013

Interior Features

  • Features: Ceiling Fans, Central Air, Deck, Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer, Wood Fireplace, Wood Floors, Paved Road
  • Total Finished Sq Ft: 4442
  • Master Bedroom: Dimensions: 20 X 19, On Level: Upper
  • Bedroom 2: Dimensions: 14 X 9, On Level: Upper
  • Bedroom 3: Dimensions: 14 X 11, On Level: Main
  • Bedroom 4: On Level: N/A
  • Total Rooms: 12
  • Basement: Crawl, Poured
  • Dining Room: Dimensions: 20 X 19, On Level: Main
  • Kitchen: Dimensions: 20 X 19, On Level: Main
  • Family Room: Dimensions: 22 X 16, On Level: Main
  • Living Room: Dimensions: 23 X 14, On Level: Main
  • Above Grade Finished Sq Ft: 4442
  • Bathroom 1: On Level: Upper
  • Bathroom 2: On Level: Upper
  • Number Of Bedrooms: 3
  • Full Bathrooms: 3
  • Rooms 1: Dimensions: 14 X 8 Office, On Level: Main
  • Rooms 2: On Level: Upper
  • Windows: Wood Sash, Insulated, Marvin

Exterior Features

  • Construction: Concrete/Block, Two Story +
  • Lake: Crooked
  • Roof: Asphalt Shingle, Metal
  • Waterfront Frontage: 206
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Private Ownership

Garage/Parking

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

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: Septic
  • Water: Well

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: irr. 288x230x206x262
  • Estimated Number of Acres: 1.08
  • Lot: Y
  • Zoning: EC SR

Tax Info

  • Assessor Parcel Number: 14-17-29-300-023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2021
Closed on
Jul 16, 2021
Sold by
Maiorana Vincent C
Bought by
Botkin Jeffrey and Maney Rhonda
Seller's Agent
William Winslow
Coldwell Banker Schmidt- Harbor Springs
Buyer's Agent
David Shuman
Bay North Realty Co.
List Price
$1,325,000
Sold Price
$1,324,000
Premium/Discount to List
-$1,000
-0.08%
Current Estimated Value
$2,149,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$825,637
Avg. Annual Appreciation
12.14%
Original Mortgage
$824,000
Outstanding Balance
$620,745
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$1,528,892

Purchase Details

Listed on
Jul 18, 2016
Closed on
Dec 2, 2016
Sold by
Palma Louis and Palma Kathleen
Bought by
Maiorana Vincent C and Maiorana Susan M
Seller's Agent
Bill Takalo
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Barbie Hornbeck
Berkshire Hathaway HomeServices Real Estate - BC
List Price
$935,000
Sold Price
$810,000
Premium/Discount to List
-$125,000
-13.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.25%
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
Botkin Jeffrey -- --
Maiorana Vincent C $810,000 Partners Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Botkin Jeffrey $824,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/16/2021 07/16/21 Sold $1,324,000 -0.1% $298 / Sq Ft
05/26/2021 05/26/21 For Sale $1,325,000 +63.6% $298 / Sq Ft
12/06/2016 12/06/16 Sold $810,000 -13.4% $182 / Sq Ft View Prior Sale
10/21/2016 10/21/16 Pending -- -- --
07/18/2016 07/18/16 For Sale $935,000 +79.8% $210 / Sq Ft
09/22/2014 09/22/14 Sold $520,000 -- $104 / Sq Ft View Prior Sale
09/03/2014 09/03/14 Pending -- -- --
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 $18,137 $1,081,500 $1,081,500 $0
2024 $18,137 $944,600 $944,600 $0
2023 $15,836 $666,100 $666,100 $0
2022 $15,836 $594,200 $594,200 $0
2021 $10,855 $464,300 $464,300 $0
2020 $10,544 $446,600 $446,600 $0
2019 -- $423,400 $423,400 $0
2018 -- $394,200 $394,200 $0
2017 -- $373,500 $373,500 $0
2016 -- $352,400 $352,400 $0
2015 -- $325,600 $0 $0
2014 -- $206,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 465233

Northern Michigan MLS

APN: 14-17-29-300-023