NOT LISTED FOR SALE

3930 Peninsula Dr Petoskey, MI 49770

Petoskey Area

Estimated Value: $1,832,000 - $6,754,000

0.62 Acre
$7,631,176 Price per Acre
27,007 Sq Ft Lot

Sale Details

Date Sold: September 28, 2020

Last sale price $1,200,000

Est. 294% increase in value since last sale

Current estimated payment $34,428 / mo

189 Days on Market

About This Lot

As of September 2020

Unique opportunity to create your custom-designed Bay Harbor residence on this desirable vacant parcel in the gated Peninsula neighborhood adorned with magnificent waterfront homes. This property is located seven properties in from the Peninsula gatehouse. Available vacant waterfront homesites are scarce, especially in the desirable Bay Harbor neighborhood of The Peninsula. The time is right to take advantage of this extraordinary offering.

Last Agent to Sell the Property

Chris Etienne

Harbor Sothebys International Realty Listed on: 02/26/2020

Harbor Sothebys International Realty

Last Buyer's Agent

Eric Yetter

Harbor Sothebys International Realty

Harbor Sothebys International Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Lot Details

  • 27,007 Sq Ft Lot
  • Lot Dimensions are 130 x 178
  • 130 Feet of Waterfront
  • Level Lot
  • Open Lot
  • Property is zoned PUD

HOA Fees

  • $417 Monthly HOA Fees

Additional Features

  • Water Views
  • Underground Utilities

Community Details

  • Bay Harbor Bh Association

Listing and Financial Details

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

Property Details

Property Type

Land

Lot Details

0.62 Acres

HOA Fees

$417 per month

Listing Details

  • Class: LOTS/LAND
  • Type: Lots/Land
  • Type 2: Lot
  • Lvt Date: 03/05/2020
  • Section: 3
  • S E V Yr: $499,200/2019
  • Hd Approved: Y
  • Road Access: Yes
  • Road Frontage Feet: 130
  • Second Address Number: 3930
  • Directions: 2 miiles south of Petoskey to Bay Harbor Drive, to Main Street, right to Peninsula Drive.
  • OFFICELIST_STATE: MI
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Features: Natural Gas, Under Ground Utilities

Exterior Features

  • Lake: Michigan
  • Waterfront Frontage: 130
  • Waterfront Water Access: Water Front
  • Water View: Yes
  • Wf Wa Ownership Type: Deeded and Private Ownership

Utilities

  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association: Bay Harbor BH
  • Association: Yes
  • Fees: $5006
  • Site Condo: Y

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 130 x 178
  • Estimated Number of Acres: 0.62
  • Lot: Y
  • Zoning: PUD
  • Deed Restrictions: Master Deed
  • Number Of Acres: Under 1
  • Terrain: Slow Slope, Open, Level

Tax Info

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2020
Closed on
Sep 28, 2020
Sold by
Bought by
Seller's Agent
Chris Etienne
Harbor Sothebys International Realty
Buyer's Agent
Eric Yetter
Harbor Sothebys International Realty
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%
Current Estimated Value
$4,731,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,531,329
Avg. Annual Appreciation
26.48%

Purchase Details

Closed on
Sep 1, 2016
Sold by
Bought by

Purchase Details

Closed on
Sep 16, 1998
Bought by

Purchase Details

Closed on
Oct 1, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Petoskey, MI

  • Chris Christensen Real Estate Agent - Lynda's Real Estate Service

    Chris Christensen

    Lynda's Real Estate Service

    (231) 535-9698

    335 Total Sales

    5 in Petoskey

    $325K - $400K Price Range

    Chris Christensen
     Section Image
  • Brett Binkley Real Estate Agent - EXP Realty

    Brett Binkley

    Responds Quickly

    EXP Realty

    (231) 642-9896

    44 Total Sales

    1 in Petoskey

    $135,000 Price

    Brett Binkley
     Section Image
  • Matt Rader Real Estate Agent - Pat O'Brien & Associates - Boyne City

    Matt Rader

    Pat O'Brien & Associates - Boyne City

    (231) 244-8908

    45 Total Sales

    2 in Petoskey

    $293K - $945K Price Range

    Matt Rader
     Section Image
  • Shelly Novotny Real Estate Agent - Real Estate One - Charlevoix

    Shelly Novotny

    Real Estate One - Charlevoix

    (231) 244-6564

    64 Total Sales

    2 in Petoskey

    $401K - $520K Price Range

    Shelly Novotny
     Section Image
  • Christina Roberts Real Estate Agent - Keller Williams - Northern Michigan

    Christina Roberts

    Keller Williams - Northern Michigan

    (231) 244-2315

    132 Total Sales

    5 in Petoskey

    $400K - $505K Price Range

    Christina Roberts
     Section Image
  • Kristin Rashid Real Estate Agent - Real Estate One-Milford

    Kristin Rashid

    Real Estate One-Milford

    (810) 644-1220

    77 Total Sales

    2 in Petoskey

    $412,000 Price Range

    Kristin Rashid
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$1,125,000 Reputation First Title
$584,000 --
$102,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/28/2020 09/28/20 Sold $1,200,000 -4.0% --
02/26/2020 02/26/20 For Sale $1,250,000 -- --
Source: Northern Michigan MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $95,474 $2,804,100 $2,804,100 $0
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

  • Chris Etienne Real Estate Agent - Harbor Sothebys International Realty

    Seller's Agent in 2020

    Chris Etienne

    Harbor Sothebys International Realty

    (231) 439-2031

    119 Total Sales

    Chris Etienne
    Section Image
  • Eric Yetter Real Estate Agent - Harbor Sothebys International Realty

    Buyer's Agent in 2020

    Eric Yetter

    Harbor Sothebys International Realty

    (231) 409-8798

    44 Total Sales

    Eric Yetter
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 461388

Northern Michigan MLS

APN: 52-18-03-375-122

Michigan Emmet County Petoskey 49770

3930 Peninsula Dr, Petoskey, MI

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.

Northern Michigan MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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