NOT LISTED FOR SALE

3930 Peninsula Dr Unit 22 Petoskey, MI 49770

Estimated Value: $1,967,000 - $6,559,000

0.62 Acre
$7,774,463 Price per Acre
27,007 Sq Ft Lot

Last Sold September 01, 2016

Last sale price $1,125,000

Est. 328% increase in value since last sale

Current estimated payment $33,036/month

189 Days on Market

About This Lot

As of September 2016

This is one of the last home sites on the prestigious Peninsula of Bay Harbor. With unmatched views of Lake Michigan and amazing sunsets this is a great opportunity! 130 feet of Lake Michigan frontage and large building envelope, this is the spot for anyone's dream house. Located close to fine dinning and great shopping as well as world class golf and boating it truly is one of a kind!

Last Agent to Sell the Property

Logan Ciesielski

Kidd & Leavy Real Estate Co. LLC Listed on: 02/05/2016

Last Buyer's Agent

Non member Emmet

Emmet Association of Realtors

Property Details

Property Type

  • Land

Lot Details

  • 0.62 Acre Lot
  • 131 Feet of Waterfront
  • Level Lot
  • Property is zoned PUD

Property Views

  • Water Views

Utilities

  • Underground Utilities
  • Phone Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 52-18-03-375-122

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Lots/Land
  • Type 2: Lot
  • Lvt Date: 02/09/2016
  • Section: 03
  • Hd Approved: Y
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Features: Electric, Phone, Natural Gas, Under Ground Utilities, City Utilities

Exterior Features

  • Lake: Michigan
  • Waterfront Frontage: 131
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Private Ownership

Utilities

  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association: Bay Harbor BH
  • Association: Yes

Lot Info

  • Estimated Number of Acres: 0.62
  • Zoning: PUD
  • Number Of Acres: Under 1
  • Terrain: Flat

Tax Info

  • Assessor Parcel Number: 52-18-03-375-122

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2020
Sold by
Dalessandro Thomas
Bought by
Zaccardelli David S Trust
Current Estimated Value
$4,820,167

Purchase Details

Listed on
Feb 5, 2016
Closed on
Sep 1, 2016
Sold by
Jdl Associates Ltd
Bought by
Dalessandro Thomas
Seller's Agent
Logan Ciesielski
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Non member Emmet
Emmet Association of Realtors
List Price
$1,349,000
Sold Price
$1,125,000
Premium/Discount to List
-$224,000
-16.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.72%

Purchase Details

Closed on
Sep 16, 1998
Bought by
Jld Associates Limited Partner

Purchase Details

Closed on
Oct 1, 1994
Sold by
Bay Harbor
Bought by
R & M Prop New 94 Rps
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Zaccardelli David S Trust -- --
Dalessandro Thomas $1,125,000 Reputation First Title
Jld Associates Limited Partner $584,000 --
R & M Prop New 94 Rps $102,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2016 09/01/16 Sold $1,125,000 -16.6% --
08/12/2016 08/12/16 Pending -- -- --
02/05/2016 02/05/16 For Sale $1,349,000 -- --
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 $95,474 $2,379,100 $2,379,100 $0
2024 $543 $1,920,800 $1,920,800 $0
2023 $26,396 $1,030,900 $1,030,900 $0
2022 $26,396 $499,200 $499,200 $0
2021 $26,489 $499,200 $499,200 $0
2020 $26,929 $499,200 $499,200 $0
2019 -- $499,200 $499,200 $0
2018 -- $499,200 $499,200 $0
2017 -- $499,200 $499,200 $0
2016 -- $499,200 $499,200 $0
2015 -- $499,200 $0 $0
2014 -- $499,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 447122

Northern Michigan MLS

APN: 52-18-03-375-122