NOT LISTED FOR SALE

3428 Cliffs Dr Petoskey, MI 49770

Estimated Value: $1,377,000 - $1,589,973

5 Beds
4 Baths
3,000 Sq Ft
$617/mo HOA Fee

Last Sold September 08, 2017

Last sale price $630,000 $210 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $9,318/month

3 Days on Market

Highlights

  • Water Views
  • Clubhouse
  • Wood Flooring
  • Private Pool
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of September 2017

This one is special. Clean, simple and brand new. Gorgeous renovation in 2016 has created a perfect and crisp environment that evokes all the best of northern Michigan. Consistent and sharp, this unit is updated to the very last knob, door handle and hinge. Nothing to distract from that incredible lake view and those soothing moments. The patio doors were converted to sliders to add even more sight lines.

Last Agent to Sell the Property

Eric Yetter

Harbor Sothebys International Realty Listed on: 07/21/2017

Harbor Sothebys International Realty

Last Buyer's Agent

Tony Ray

Coldwell Banker Schmidt - Petoskey

Coldwell Banker Schmidt - Petoskey

Property Details

Home Type

  • Condominium

HOA Fees

  • $617 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 3,000 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Thermal Windows
  • Double Pane Windows
  • Insulated Windows
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring
  • Water Views
  • Home Security System

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 1 Car Garage
  • Driveway

Outdoor Features

  • Private Pool
  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 52-18-02-365-145

Community Details

Overview

  • Bay Harbor Bh Association

Amenities

  • Clubhouse

Property Details

Home Type

Condominium

Lot Details

0

HOA Fees

$617 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 07/21/2017
  • Measurement Source: Builder
  • Section: 2
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Features: Built In Microwave, Cable, Ceiling Fans, Central Air, Deck, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace, Patio, Paved Drive, Pool, Range, Refrigerator, Washer, Whirl Pool, Wood Floors, Security System
  • Total Finished Sq Ft: 3000
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Lower
  • Bedroom 3: On Level: Lower
  • Bedroom 4: On Level: Lower
  • 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: 1623
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Lower
  • Number Of Bedrooms: 5
  • Full Bathrooms: 4
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Thermo, Insulated, Double

Exterior Features

  • Construction: Wood Frame/Site Built
  • Lake: Michigan
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither
  • Water View: Y

Garage/Parking

  • Garage Carport: Garage-Attached, Garage-Detached
  • Gar Car Capacity: One

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: Yes
  • Fees: $1850

Lot Info

  • Zoning: PUD

Tax Info

  • Assessor Parcel Number: 52-18-02-365-145

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2017
Closed on
Sep 8, 2017
Sold by
Adelson Todd
Bought by
Adelson Todd and Adelson Kendra
Seller's Agent
Eric Yetter
Harbor Sothebys International Realty
Buyer's Agent
Tony Ray
Coldwell Banker Schmidt - Petoskey
List Price
$649,000
Sold Price
$630,000
Premium/Discount to List
-$19,000
-2.93%
Current Estimated Value
$1,410,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$780,838
Avg. Annual Appreciation
10.72%
Original Mortgage
$598,500
Outstanding Balance
$499,790
Interest Rate
3.9%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$981,201

Purchase Details

Listed on
Aug 15, 2012
Closed on
Oct 12, 2012
Sold by
Cordes James F and Cordes Janice D
Bought by
Lawlor Kevan P and Lawlor Wynne A
Seller's Agent
Janice Miller
Harbor Sothebys International Realty
Buyer's Agent
Brad Rellinger
Harbor Sothebys International Realty
List Price
$415,000
Sold Price
$415,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%
Original Mortgage
$320,000
Interest Rate
3.51%

Purchase Details

Closed on
Jan 21, 2011
Sold by
B Harbor Holdings Llc
Bought by
Cordes James F and Cordes Janice D

Purchase Details

Closed on
Oct 25, 2005
Bought by
B Harbor Holdings Llc

Purchase Details

Closed on
Jul 31, 1998
Sold by
Mullins Bernard F and Mullins Mary T
Bought by
Peterson Robert G Corporation

Purchase Details

Closed on
Feb 6, 1998
Bought by
Mullins Bernard F and Mullins Mary T

Purchase Details

Closed on
Jul 11, 1997
Bought by
Mullins Bernard F and Mullins Mary T

Purchase Details

Closed on
Feb 23, 1996
Bought by
Cliffs Development Company Llc

Purchase Details

Closed on
Jul 17, 1995
Bought by
Cliffs Development Company Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Adelson Todd -- Devon Title Agency
Adelson Todd -- Devon Title Agency
Lawlor Kevan P -- --
Cordes James F -- --
B Harbor Holdings Llc -- --
Peterson Robert G Corporation -- --
Mullins Bernard F -- --
Mullins Bernard F -- --
Cliffs Development Company Llc $100 --
Cliffs Development Company Llc $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adelson Todd $598,500
Closed Adelson Todd $598,500
Previous Owner Lawlor Kevan P $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/08/2017 09/08/17 Sold $630,000 -2.9% $210 / Sq Ft
07/24/2017 07/24/17 Pending -- -- --
07/21/2017 07/21/17 For Sale $649,000 +56.4% $216 / Sq Ft
10/16/2012 10/16/12 Sold $415,000 0.0% $144 / Sq Ft View Prior Sale
08/16/2012 08/16/12 Pending -- -- --
08/15/2012 08/15/12 For Sale $415,000 -- $144 / 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 $16,504 $387,800 $387,800 $0
2024 $157 $430,100 $430,100 $0
2023 $15,028 $310,300 $310,300 $0
2022 $15,028 $284,200 $284,200 $0
2021 $15,045 $294,300 $294,300 $0
2020 $15,084 $283,200 $283,200 $0
2019 -- $274,400 $274,400 $0
2018 -- $274,000 $274,000 $0
2017 -- $230,000 $230,000 $0
2016 -- $202,800 $202,800 $0
2015 -- $190,400 $0 $0
2014 -- $169,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 452717

Northern Michigan MLS

APN: 52-18-02-365-145