NOT LISTED FOR SALE

3770 Lake Grove Rd Unit 1 Petoskey, MI 49770

Estimated Value: $446,000 - $1,541,000

3 Beds
3 Baths
1,842 Sq Ft
$267/mo HOA Fee

Last Sold March 29, 2021

Last sale price $876,000 $476 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $7,369/month

Highlights

  • 261 Feet of Waterfront
  • Deck
  • First Floor Utility Room
  • Docks
  • Cathedral Ceiling
  • Wood Frame Window

About This Home

As of March 2021

Beautiful light-filled condo captures the vibrant and relaxing elements of Walloon Lake living. A condo association with only 4 units, this end unit has “THE BEST” west arm views. It offers 3 bedrooms, 3 bathrooms, laundry room, open floor-plan, cathedral ceilings, gas fireplace, and large windows giving expansive views of the lake and sky, from every room. The wrap-around deck is great for dinner and entertaining. Nestled in the tall trees in a park-like setting, you will have your own boat slip, a swim dock, a sandy beach, and a grassy lawn with fire pit area, all on 261 ft of lakefront. The 1.8 acres includes your own extra deep detached garage. Close drive to Bay Harbor, Petoskey, Charlevoix, for shopping, dining, and entertainment options. Move in today to your up north home and office with the most magnificent views and sunsets!

Last Agent to Sell the Property

Carole Griffin

@properties Christie's International Real Estate - Petoskey Listed on: 03/03/2021

@properties Christie's International Real Estate - Petoskey

Last Buyer's Agent

Wally Kidd

Kidd & Leavy Real Estate Co. LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,209

Year Built

  • Built in 1984

Lot Details

  • 261 Feet of Waterfront

HOA Fees

  • $267 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,842 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Blinds
  • Wood Frame Window
  • Family Room on Second Floor
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Water Views
  • Crawl Space

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Driveway

Outdoor Features

  • Docks
  • Deck
  • Shed

Utilities

  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 13-18-22-376-101

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,209

Year Built

Built in 1984

Lot Details

0

HOA Fees

$267 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1984
  • Lvt Date: 03/03/2021
  • Measurement Source: Assessor
  • Section: 22
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1984

Interior Features

  • Features: Built In Microwave, Cable, Cathedral Ceilings, Deck, Dishwasher, Dock, Dryer, Garbage Disposal, Gas Fireplace, Mini Blinds, Paved Drive, Range, Refrigerator, Washer, Paved Road
  • Total Finished Sq Ft: 1842
  • Master Bedroom: Dimensions: 13x13, On Level: Upper
  • Bedroom 2: Dimensions: 11x10, On Level: Main
  • Bedroom 3: Dimensions: 10x7, On Level: Upper
  • Bedroom 4: On Level: N/A
  • Total Rooms: 6
  • Basement: Crawl
  • Dining Room: Dimensions: 14x13, On Level: Main
  • Kitchen: Dimensions: 15x12, On Level: Main
  • Family Room: Dimensions: Loft, On Level: Upper
  • Living Room: Dimensions: 20x17, On Level: Main
  • Above Grade Finished Sq Ft: 1842
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Upper
  • Number Of Bedrooms: 3
  • Full Bathrooms: 3
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Aluminum, Wood Sash

Exterior Features

  • Construction: Wood Frame/Site Built, Two Story +
  • Lake: Walloon
  • Roof: Asphalt Shingle
  • Waterfront Frontage: 261
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Private Ownership

Garage/Parking

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

Utilities

  • Heat Type: Natural Gas
  • Sewer: Septic
  • Water: Well
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Association: Yes
  • Condo Unit Number: 1
  • Condo: Yes
  • Fees: 800

Schools

  • School District: Petoskey

Lot Info

  • Estimated Number of Acres: 1.8
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 13-18-22-376-101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2023
Sold by
Murray Ann Yarmain and Murray Ann Y
Bought by
Murray Ann Y and Ann Y Murray Revocable Trust
Current Estimated Value
$1,100,706

Purchase Details

Listed on
Mar 3, 2021
Closed on
Mar 29, 2021
Sold by
Murdock Robert M Trust
Bought by
Murray Ann Yarmain
Seller's Agent
Carole Griffin
@properties Christie's International Real Estate - Petoskey
Buyer's Agent
Wally Kidd
Kidd & Leavy Real Estate Co. LLC
List Price
$759,000
Sold Price
$876,000
Premium/Discount to List
$117,000
15.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.56%

Purchase Details

Closed on
Dec 6, 2001
Sold by
Murdock Robert M
Bought by
Murdock Robert M Trust
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
Murray Ann Y -- --
Murray Ann Yarmain $876,000 --
Murdock Robert M Trust -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2021 03/29/21 Sold $876,000 +15.4% $476 / Sq Ft
03/03/2021 03/03/21 For Sale $759,000 -- $412 / 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 $15,209 $368,900 $368,900 $0
2024 $15,209 $369,200 $369,200 $0
2023 $14,391 $360,500 $360,500 $0
2022 $14,391 $348,500 $348,500 $0
2021 $5,660 $341,500 $341,500 $0
2020 $5,575 $342,700 $342,700 $0
2019 -- $340,700 $340,700 $0
2018 -- $324,700 $324,700 $0
2017 -- $326,600 $326,600 $0
2016 -- $320,600 $320,600 $0
2015 -- $310,800 $0 $0
2014 -- $297,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 464391

Northern Michigan MLS

APN: 13-18-22-376-101