NOT LISTED FOR SALE

3890 Peninsula Dr Petoskey, MI 49770

Estimated Value: $4,788,000 - $6,760,031

7 Beds
8 Baths
5,615 Sq Ft
$1,036/Sq Ft Est. Value

Last Sold September 23, 2016

Last sale price $2,225,000 $396 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $35,849/month

Highlights

  • 130 Feet of Waterfront
  • Wood Flooring
  • First Floor Utility Room
  • Cathedral Ceiling
  • Main Floor Primary Bedroom
  • Thermal Windows

About This Home

As of September 2016

Inviting Peninsula cottage on 130 feet of Lake Michigan frontage. This comfortable home is designed with an open floor plan and spectacular views of the bay. The style of this home has a distinct cottage feel with dark Brazilian walnut floors, blue stone walkways, custom moldings, hand crafted bead board and Waterworks fixtures. While 5,615 square feet, 7 bedrooms, a custom designed patio and a private sand play area adds to the charm and comfort.

Last Agent to Sell the Property

Eric Yetter

Harbor Sothebys International Realty Listed on: 09/01/2016

Harbor Sothebys International Realty

Last Buyer's Agent

Chris Etienne

Harbor Sothebys International Realty

Harbor Sothebys International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 130 x 180
  • 130 Feet of Waterfront
  • Sprinkler System

HOA Fees

  • $570 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Wood Roof

Interior Spaces

  • 5,615 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Thermal Windows
  • Insulated Windows
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring
  • Water Views
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • 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 52-18-03-375-124

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

0

HOA Fees

$570 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2000
  • Lvt Date: 09/29/2016
  • Measurement Source: Owner
  • Section: 3
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2000

Interior Features

  • Features: Built In Microwave, Cable, Cathedral Ceilings, Ceiling Fans, Central Air, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace, Patio, Paved Drive, Range, Refrigerator, Sprinkler System, Washer, Wood Floors, Security System
  • Total Finished Sq Ft: 5615
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Basement: Full
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Main
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 5615
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Upper
  • Number Of Bedrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Thermo, Insulated, Andersen

Exterior Features

  • Construction: Wood Frame/Site Built, Two Story +
  • Lake: Michigan
  • Roof: Wood Shake
  • Waterfront Frontage: 130
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Private Ownership

Garage/Parking

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

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
  • Fees: $6844

Lot Info

  • Estimated Lot Dimensions: 130 x 180
  • Estimated Number of Acres: 0.5
  • Lot: Y
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 52-18-03-375-124

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2016
Sold by
Amy Moglia Revocable Trust
Bought by
Amy H Moglia Trust
Current Estimated Value
$5,699,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,575,000
Outstanding Balance
$1,266,442
Interest Rate
3.47%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,548,816

Purchase Details

Listed on
Sep 1, 2016
Closed on
Sep 21, 2016
Sold by
Maryann Desai Trust
Bought by
Amy Moglia Heuerman Trust
Seller's Agent
Eric Yetter
Harbor Sothebys International Realty
Buyer's Agent
Chris Etienne
Harbor Sothebys International Realty
List Price
$2,225,000
Sold Price
$2,225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.82%

Purchase Details

Closed on
Apr 16, 2008
Sold by
Tomas Mark E and Tomas Jennifer T
Bought by
Maryann Desai Revocable Trust

Purchase Details

Closed on
Nov 11, 2003
Sold by
Bierlein Michael D Ttee
Bought by
Tomas Mark E and Tomas Jennifer T

Purchase Details

Closed on
Jul 16, 1999
Bought by
Bierlein Michael D Trustee

Purchase Details

Closed on
May 8, 1998
Bought by
Kane Construction, Inc
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
Amy H Moglia Trust -- Devon Title
Amy Moglia Heuerman Trust -- Devon Title Agency
Maryann Desai Revocable Trust $3,500,000 --
Tomas Mark E $2,160,000 --
Bierlein Michael D Trustee $1,550,000 --
Kane Construction, Inc $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amy H Moglia Trust $1,575,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2016 09/23/16 Sold $2,225,000 0.0% $396 / Sq Ft
09/01/2016 09/01/16 Pending -- -- --
09/01/2016 09/01/16 For Sale $2,225,000 -- $396 / Sq Ft
Source: Northern Michigan MLS

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 $67,484 $2,019,100 $0 $2,019,100
2024 $643 $1,848,700 $0 $1,848,700
2023 $61,446 $1,562,600 $0 $1,562,600
2022 $61,446 $1,394,600 $0 $1,394,600
2021 $59,693 $1,350,500 $0 $1,350,500
2020 $59,846 $1,250,000 $0 $0
2019 -- $1,202,600 $0 $1,202,600
2018 -- $1,063,200 $0 $1,063,200
2017 -- $1,137,300 $0 $1,137,300
2016 -- $1,123,500 $0 $1,123,500
2015 -- $1,109,200 $0 $0
2014 -- $1,265,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Yetter

    Seller's Agent in 2016

    Eric Yetter

    Harbor Sothebys International Realty

    (231) 409-8798

    42 in this area

    46 Total Sales

    Eric Yetter
    Section Image
  • Chris Etienne

    Buyer's Agent in 2016

    Chris Etienne

    Harbor Sothebys International Realty

    (231) 439-2031

    89 in this area

    128 Total Sales

    Chris Etienne
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 449837

Northern Michigan MLS

APN: 52-18-03-375-124

Michigan Emmet County Petoskey 49770

3890 Peninsula Dr, Petoskey, MI

Not Listed for Sale

Detached

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