NOT LISTED FOR SALE

3508 Cliffs Dr Unit 2 Petoskey, MI 49770

Estimated Value: $961,000 - $1,290,000

3 Beds
2 Baths
2,100 Sq Ft
1996 Built

Last Sold August 25, 2023

Last sale price $897,000 $427 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $7,385/month

Highlights

  • Water Views
  • Second Garage
  • Main Floor Primary Bedroom
  • Private Pool
  • Deck
  • First Floor Utility Room

About This Home

As of August 2023

Ideally located in one of Bay Harbor's most sought after neighborhoods, this three-bedroom Cliffs condominium offers unobstructed views of The Village, Little Traverse Bay, and the shoreline of Harbor Springs. Enjoy year-round sunsets, watch the fireworks, or enjoy the quiet of the offseason overlooking the fall colors. Features include a primary suite with views of the water, a walk-in closet, and jacuzzi tub; a large kitchen with updated appliances; a combined living/dinning room complete with a fireplace and balcony access; attached one-car garage and a hard to come by additional, detached garage. Membership in the Bay Harbor Yacht Club provides exceptional amenities as well as access to fine and casual dinning. This extremely rare Bay Harbor listing is ready for occupancy this summer.

Last Agent to Sell the Property

Andrew Bowman

Gaslight Group Properties Listed on: 07/14/2023

Last Buyer's Agent

Patrick Leavy

Kidd & Leavy Real Estate Co. LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,363

Year Built

  • Built in 1996

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,100 Sq Ft Home
  • Gas Fireplace
  • Thermal Windows
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Water Views

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Second Garage

Outdoor Features

  • Private Pool
  • Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • Property has a Home Owners Association
  • Bay Harbor Bh Association

Listing and Financial Details

  • Assessor Parcel Number 52-18-02-365-102

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,363

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1996
  • Lvt Date: 07/14/2023
  • Section: 2
  • Second Address Number: 3508
  • Directions: US31 to Cliffs Dr.
  • Price per Sq Ft: 427.14
  • OFFICELIST_STATE: MI
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1996

Interior Features

  • Features: Built In Microwave, Central Air, Deck, Dishwasher, Dryer, Gas Fireplace, Pool, Range, Refrigerator, Washer
  • Total Finished Sq Ft: 2100
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: N/A
  • Total Rooms: 6
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: N/A
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 2100
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Thermo

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: Two

Utilities

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

Condo/Co-op/Association

  • Association: Bay Harbor BH
  • Association: Yes
  • Condo Unit Number: 2
  • Condo: Yes
  • Fees: 2837
  • Other Association Fees: BYC

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 52-18-02-365-102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Aug 22, 2023
Sold by
Harms Thomas C and Harms Cheryl L
Bought by
Durham Gina and Vaughn James
Seller's Agent
Andrew Bowman
Gaslight Group Properties
Buyer's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
List Price
$897,000
Sold Price
$897,000
Views
269
Current Estimated Value
$1,091,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,741
Avg. Annual Appreciation
9.52%
Original Mortgage
$637,600
Outstanding Balance
$623,071
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$468,670

Purchase Details

Closed on
Nov 3, 2006
Sold by
Stirling Lucille R
Bought by
Harms Thomas and Harms Cheryl

Purchase Details

Closed on
Aug 27, 1998
Sold by
Myers James W and Myers Dorothy A
Bought by
Stirling

Purchase Details

Closed on
Aug 24, 1998
Sold by
Stirling Lawrence W and Stirling Lucille
Bought by
Stirling Lucille

Purchase Details

Closed on
Nov 1, 1996
Bought by
Myers Pta
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
Durham Gina -- Cislo Title Company Title Insu
Harms Thomas $300,000 --
Stirling $445,000 --
Stirling Lucille -- --
Myers Pta $301,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Durham Gina $637,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2023 08/25/23 Sold $897,000 0.0% $427 / Sq Ft
07/14/2023 07/14/23 For Sale $897,000 -- $427 / 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 $19,363 $316,500 $316,500 $0
2024 $19,363 $367,600 $367,600 $0
2023 $8,644 $264,300 $264,300 $0
2022 $8,644 $243,200 $243,200 $0
2021 $8,398 $251,200 $251,200 $0
2020 $8,419 $245,700 $245,700 $0
2019 -- $238,300 $238,300 $0
2018 -- $233,700 $233,700 $0
2017 -- $197,600 $197,600 $0
2016 -- $173,300 $173,300 $0
2015 -- $163,200 $0 $0
2014 -- $146,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northern Michigan MLS

MLS Number: 471628

Northern Michigan MLS

APN: 52-18-02-365-102