NOT LISTED FOR SALE

3608 Cliffs Dr Petoskey, MI 49770

Estimated Value: $796,000 - $1,199,000

3 Beds
2 Baths
2,100 Sq Ft
$823/mo HOA Fee

Last Sold December 28, 2023

Last sale price $750,000 $357 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $7,688/month

34 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • First Floor Utility Room
  • Deck
  • Main Floor Primary Bedroom
  • 1 Car Attached Garage

About This Home

As of December 2023

Just listed on the market, discover this exclusive Cliffs at Bay Harbor condo – currently the only one available! This charming upper-level three-bedroom condo boasts a modern open layout, stylishly updated decor, and sweeping views of Little Traverse Bay and Lake Michigan, visible through numerous windows and from the two composite lakeside balconies. Nestled in the private, gated Cliffs association within the esteemed Bay Harbor resort community, this condo is surrounded by impeccably maintained grounds and offers access to a clubhouse featuring an indoor pool, all managed by a dedicated full-time team. Strategically positioned, the Cliffs at Bay Harbor condo offers easy access to a plethora of local attractions. Within a short drive, explore the vibrant year-round hotspots near Bay Harbor, Michigan. Immerse yourself in the natural beauty of the region, including stunning parks and scenic trails. Engage with history and culture at nearby museums and art galleries. Experience the thrill of outdoor adventures, from skiing and snowboarding in winter to hiking, golf and boating in the warmer months. Indulge in local culinary delights and explore charming shops in the neighboring towns. Back at the Cliffs, enjoy the convenience of being just a short stroll or drive away from Bay Harbor's marina, diverse dining options, boutique shopping, and the acclaimed Great Lakes Performing Arts Center. As a Cliffs owner, membership in the Bay Harbor Yacht Club is mandatory, granting you access to a recently renovated, world-class facility. The Yacht Club is the epicenter of the community, offering multiple dining experiences, a beach, and a state-of-the-art fitness center. This condo is not just a home, but a gateway to a lifestyle filled with luxury, culture, and adventure. BHYC joining contribution of $45,000 is due at closing and yearly fees are approximately $9,000.

Last Agent to Sell the Property

Stephanie Jones

Kidd & Leavy Real Estate Co. LLC Listed on: 11/24/2023

Last Buyer's Agent

Stephanie Jones

Kidd & Leavy Real Estate Co. LLC Listed on: 11/24/2023

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1998

Lot Details

  • 1,133

HOA Fees

  • $823 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,100 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • 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

Parking

  • 1 Car Attached Garage
  • Driveway

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Deck
  • Sprinkler System

Community Details

  • Bay Harbor Bh Association

Listing and Financial Details

  • Assessor Parcel Number 52-18-02-365-126

Property Details

Home Type

Condominium

Year Built

Built in 1998

Lot Details

0

HOA Fees

$823 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1998
  • Lvt Date: 11/24/2023
  • Section: 2
  • Second Address Number: 3608
  • Directions: Located at the west end of Cliffs Drive
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1998

Interior Features

  • Features: Built In Microwave, Cable, Ceiling Fans, Central Air, Deck, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace, Paved Drive, Range, Sprinkler System, Washer, Wood Floors
  • 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
  • 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

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: Bay Harbor BH
  • Association: Yes
  • Condo: Yes
  • Fees: 2,470

Schools

  • School District: Petoskey

Lot Info

  • Zoning: PUD

Tax Info

  • Assessor Parcel Number: 52-18-02-365-126

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2023
Closed on
May 18, 2023
Sold by
Wendt Jonathan P
Bought by
Miller Sheldon and Miller Jillian
Seller's Agent
Stephanie Jones
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Stephanie Jones
Kidd & Leavy Real Estate Co. LLC
List Price
$675,000
Sold Price
$675,000
Current Estimated Value
$1,033,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,711
Avg. Annual Appreciation
17.17%
Original Mortgage
$558,000
Outstanding Balance
$541,886
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$491,825

Purchase Details

Listed on
Sep 11, 2020
Closed on
Jan 13, 2021
Sold by
Fakhoury Rami D
Bought by
Wendt Jonathan P and Wendt Jennifer A
Seller's Agent
Stephanie Jones
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Susan Finley
Lake Homes Realty, LLC
List Price
$559,900
Sold Price
$547,500
Premium/Discount to List
-$12,400
-2.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.36%
Original Mortgage
$400,000
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2016
Sold by
Fakhoury Carmen M and Kruse Paul
Bought by
Fakhoury Rami D and Fakhoury Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2012
Sold by
Fakhoury Carmen and Kruse Paul
Bought by
Fakhoury Carmen and Kruse Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,800
Interest Rate
2.97%

Purchase Details

Closed on
Aug 8, 2009
Sold by
Fakhoury Carmen and Yazji Ghiath
Bought by
Fakhoury Carmen and Kruse Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.71%

Purchase Details

Closed on
May 16, 2007
Sold by
Keys Howard B and Keys Wendy G
Bought by
Fakhoury Rami and Ghiath Yazji

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.22%

Purchase Details

Closed on
Jul 6, 2006
Sold by
Keys Howard B and Keys Wendy G
Bought by
Keys Howard B Trust

Purchase Details

Closed on
Apr 1, 1997
Bought by
Keys

Purchase Details

Closed on
Jul 1, 1995
Sold by
Bay Harbor
Bought by
Cliffs Dev New
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
Miller Sheldon -- --
Wendt Jonathan P -- --
Fakhoury Rami D -- First American Title
Fakhoury Carmen -- --
Fakhoury Carmen -- --
Fakhoury Rami $340,000 --
Keys Howard B -- --
Fakhoury Rami $340,000 --
Keys Howard B -- --
Keys Howard B Trust -- --
Keys $264,000 --
Cliffs Dev New $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Sheldon $558,000
Previous Owner Wendt Jonathan P $400,000
Previous Owner Fakhoury Rami D $275,000
Previous Owner Fakhoury Carmen $232,800
Previous Owner Fakhoury Carmen $270,000
Previous Owner Keys Howard B $272,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/28/2023 12/28/23 Sold $750,000 0.0% $357 / Sq Ft
11/24/2023 11/24/23 For Sale $750,000 +11.1% $357 / Sq Ft
05/19/2023 05/19/23 Sold $675,000 0.0% $321 / Sq Ft View Prior Sale
04/21/2023 04/21/23 Pending -- -- --
04/21/2023 04/21/23 For Sale $675,000 +23.3% $321 / Sq Ft
01/15/2021 01/15/21 Sold $547,500 +0.5% $261 / Sq Ft View Prior Sale
11/18/2020 11/18/20 Price Changed $544,900 -2.7% $259 / Sq Ft
09/11/2020 09/11/20 For Sale $559,900 -- $267 / 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 $17,962 $287,700 $287,700 $0
2024 $123 $341,000 $341,000 $0
2023 $11,718 $241,600 $241,600 $0
2022 $11,718 $221,600 $221,600 $0
2021 $7,431 $229,200 $229,200 $0
2020 $7,450 $223,900 $223,900 $0
2019 -- $216,900 $216,900 $0
2018 -- $212,800 $212,800 $0
2017 -- $220,100 $220,100 $0
2016 -- $216,700 $216,700 $0
2015 -- $212,600 $0 $0
2014 -- $141,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 472721

Northern Michigan MLS

APN: 52-18-02-365-126