NOT LISTED FOR SALE

3740 N Beach St Petoskey, MI 49770

Estimated Value: $2,282,865 - $3,161,000

5 Beds
3.5 Baths
3,276 Sq Ft
$831/Sq Ft Est. Value

Last Sold August 24, 2020

Last sale price $1,450,000 $443 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $17,616/month

156 Days on Market

Highlights

  • Water Views
  • Deck
  • Wood Flooring
  • Private Pool
  • Cathedral Ceiling
  • Thermal Windows

About This Home

As of August 2020

This beautiful beach house makes for the perfect getaway spot. It is located just steps away from the Great Lakes Center for the Arts, as well as wonderful shopping and dining opportunities. You will also find that this home offers spectacular Lake Michigan water views from nearly every room. The home includes five bedrooms, three full baths, one half bath, two fireplaces, a finished walkout lower level with a family room and wet bar that are perfect for entertaining guests. Enjoy a sunset from the large wrap around porch or on the private balconies from the bedroom suites. Take a short walk to the Bay Harbor Swim Club to enjoy a day at the pool or a workout in the fitness center. The home offers incredible rental potential.

Last Agent to Sell the Property

Patrick Leavy

Kidd & Leavy Real Estate Co. LLC Listed on: 03/04/2020

Last Buyer's Agent

Zac Lejeune

Gaslight Group Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,605

Year Built

  • Built in 2006

Lot Details

  • 7,144

HOA Fees

  • $218 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 3,276 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Thermal Windows
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Second Floor Utility Room
  • Dryer
  • Wood Flooring
  • Water Views

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs

Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Private Pool
  • Deck
  • Patio

Utilities

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

Community Details

  • Bay Harbor Bh Association

Listing and Financial Details

  • Assessor Parcel Number 52-18-03-410-106

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,605

Year Built

Built in 2006

Lot Details

0

HOA Fees

$218 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2006
  • Lvt Date: 03/05/2020
  • Section: 03
  • Survey: Y
  • Second Address Number: 3740
  • Directions: Aprrox. 2 miles SW of Petoskey on US 31 at Bay Harbor.
  • Price per Sq Ft: 442.61
  • OFFICELIST_STATE: MI
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Features: Built In Microwave, Cable, Cathedral Ceilings, Ceiling Fans, Central Air, Deck, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace, Patio, Paved Drive, Pool, Range, Refrigerator, Wood Floors, Paved Road
  • Total Finished Sq Ft: 3276
  • Master Bedroom: Dimensions: 25x15, On Level: Upper
  • Bedroom 2: Dimensions: 13x13, On Level: Upper
  • Bedroom 3: Dimensions: 13x13, On Level: Upper
  • Bedroom 4: Dimensions: 13x14, On Level: Lower
  • Total Rooms: 11
  • Basement: Full, Walkout, Finished
  • Dining Room: Dimensions: 14x16, On Level: Main
  • Kitchen: Dimensions: 14x13, On Level: Main
  • Family Room: Dimensions: 28x28, On Level: Lower
  • Living Room: Dimensions: 18x20, On Level: Main
  • Above Grade Finished Sq Ft: 2137
  • Bathroom 1: Dimensions: 13x15, On Level: Upper
  • Bathroom 2: Dimensions: 13x13, On Level: Lower
  • Number Of Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Rooms 1: Dimensions: office 11x13, On Level: Main
  • Rooms 2: Dimensions: sitting 12x16, On Level: Upper
  • Windows: Thermo

Exterior Features

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

Garage/Parking

  • Garage Carport: Garage-Attached
  • 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
  • Fees: 2618

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Lot: Y
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 52-18-03-410-106

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2020
Closed on
Aug 21, 2020
Sold by
Gruverman Howard
Bought by
Jmb Properties Ii Llc
Seller's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Zac Lejeune
Gaslight Group Properties
List Price
$1,650,000
Sold Price
$1,450,000
Premium/Discount to List
-$200,000
-12.12%
Current Estimated Value
$2,721,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,271,933
Avg. Annual Appreciation
13.03%

Purchase Details

Closed on
May 9, 2008
Sold by
Us Bank Na
Bought by
Gruverman Howard and Gruverman Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,650
Interest Rate
6.09%

Purchase Details

Closed on
Aug 17, 2007
Sold by
Mers Inc
Bought by
Us Bank Na and Gsaa Home Equity Trust 2007-1

Purchase Details

Closed on
Jul 26, 2007
Sold by
Watts Tl
Bought by
Mers Inc

Purchase Details

Closed on
Nov 17, 2006
Bought by
Meekhoff Geoffrey
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
Jmb Properties Ii Llc -- --
Gruverman Howard $830,200 --
Us Bank Na -- --
Mers Inc $1,257,097 --
Meekhoff Geoffrey $1,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gruverman Howard $622,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2020 08/24/20 Sold $1,450,000 -3.3% $443 / Sq Ft
05/18/2020 05/18/20 Price Changed $1,499,000 -9.2% $458 / Sq Ft
03/04/2020 03/04/20 For Sale $1,650,000 -- $504 / 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 $35,605 $1,176,100 $1,176,100 $0
2024 $35,605 $959,900 $959,900 $0
2023 $32,419 $810,700 $810,700 $0
2022 $32,419 $613,100 $613,100 $0
2021 $31,806 $599,400 $599,400 $0
2020 $13,272 $311,900 $311,900 $0
2019 -- $308,800 $308,800 $0
2018 -- $292,100 $292,100 $0
2017 -- $309,500 $309,500 $0
2016 -- $281,400 $281,400 $0
2015 -- $317,000 $0 $0
2014 -- $224,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patrick Leavy

    Seller's Agent in 2020

    Patrick Leavy

    Kidd & Leavy Real Estate Co. LLC

    (231) 881-6639

    182 in this area

    384 Total Sales

    Patrick Leavy
    Section Image
  • Zac Lejeune

    Buyer's Agent in 2020

    Zac Lejeune

    Gaslight Group Properties

    (231) 838-0803

    13 in this area

    83 Total Sales

    Zac Lejeune
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 461393

Northern Michigan MLS

APN: 52-18-03-410-106

Michigan Emmet County Petoskey 49770

3740 N Beach St, Petoskey, MI

This home is located at 3740 N Beach St, Petoskey, MI 49770 since 04 March 2020 and is currently estimated at $2,721,933, approximately $830 per square foot. This property was built in 2006. 3740 N Beach St is a home located in Emmet County with nearby schools including Petoskey High School, St. Francis Xavier School, and Petoskey Montessori Children's.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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