NOT LISTED FOR SALE

4190 Peninsula Dr Petoskey, MI 49770

Estimated Value: $3,914,000 - $8,725,907

0 Acre
-- Price per Acre
0 Sq Ft Lot

Last Sold October 19, 2020

Last sale price $2,100,000

Est. 216% increase in value since last sale

Current estimated payment $47,289/month

1,137 Days on Market

About This Lot

As of October 2020

Enjoy the privacy of being in a gated community, The Peninsula where you would have 130’ of waterfront on Lake Michigan and 130’ of waterfront on Bay Harbor Lake. This Peninsula lot allows you to build your dream home featuring million dollar sunsets over Lake Michigan and have a custom dock on Bay Harbor Lake for all of your favorite water activities. Don’t miss this great opportunity to buy the only double sided lot on the Peninsula available today! Measurements believed to be accurate, but not guaranteed, and should be verified by the buyer.

Last Agent to Sell the Property

Patrick Leavy

Kidd & Leavy Real Estate Co. LLC Listed on: 09/12/2018

Last Buyer's Agent

Patrick Leavy

Kidd & Leavy Real Estate Co. LLC Listed on: 09/12/2018

Property Details

Property Type

  • Land

Lot Details

  • 130 Feet of Waterfront
  • Level Lot
  • Property is zoned PUD

HOA Fees

  • $667 Monthly HOA Fees

Additional Features

  • Water Views
  • Underground Utilities

Community Details

  • Bay Harbor Bh Association

Listing and Financial Details

  • Assessor Parcel Number 52-18-03-375-109

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$667 per month

Listing Details

  • Class: LOTS/LAND
  • Type: Lots/Land
  • Type 2: Lot
  • Lvt Date: 08/07/2017
  • Section: 3
  • Hd Approved: Y
  • Second Address Number: 4190
  • Directions: 2 Miles southwest of Petoskey to Bay Harbor's main entrance, follow to the Peninsula gate.
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Features: Electric, Under Ground Utilities, City Utilities

Exterior Features

  • Lake: Michigan
  • Waterfront Frontage: 130'/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: 2000

Schools

  • School District: Petoskey

Lot Info

  • Zoning: PUD
  • Number Of Acres: Under 1
  • Terrain: Flat

Tax Info

  • Assessor Parcel Number: 52-18-03-375-109

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2018
Closed on
Oct 14, 2020
Sold by
Hinton Robert L Trust
Bought by
Sabatino Thomas
Seller's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
List Price
$2,400,000
Sold Price
$2,100,000
Premium/Discount to List
-$300,000
-12.5%
Current Estimated Value
$6,637,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,537,969
Avg. Annual Appreciation
24.41%

Purchase Details

Closed on
Dec 20, 2016
Sold by
Hinton Margaret J
Bought by
Hinton Robert L and Robert L Hinton Trust

Purchase Details

Listed on
Feb 28, 2014
Closed on
Feb 27, 2014
Sold by
Boll John A and Boll Marlene L
Bought by
Hinton Robert L and Robert L Hinton Trust Uad 11/9/88
Seller's Agent
PAT LEAVY
MLS NON-MEMBER
Buyer's Agent
NON-MEMBER MLS
MLS NON-MEMBER
Sold Price
$1,810,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.53%

Purchase Details

Closed on
Aug 22, 2001
Bought by
Boll John A and Boll Marlene L

Purchase Details

Closed on
Nov 1, 1994
Sold by
Bay Harbor and Bay 10
Bought by
Northwestern Bank

Purchase Details

Closed on
Sep 1, 1994
Sold by
Bay Harbor Wd L548 P689
Bought by
Considine New 94
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
Sabatino Thomas -- --
Hinton Robert L -- None Available
Hinton Robert L -- Attorneys Title Agency Llc
Boll John A $1,775,000 --
Northwestern Bank $787,500 --
Considine New 94 -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/19/2020 10/19/20 Sold $2,100,000 -12.5% --
08/07/2017 08/07/17 For Sale $2,400,000 +32.6% --
03/03/2014 03/03/14 Sold $1,810,000 0.0% -- View Prior Sale
03/03/2014 03/03/14 Sold $1,810,000 -31.7% -- View Prior Sale
10/01/2013 10/01/13 Pending -- -- --
10/01/2013 10/01/13 Pending -- -- --
07/12/2012 07/12/12 For Sale $2,650,000 -- --
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 $145,012 $3,506,600 $3,506,600 $0
2024 $918 $2,940,400 $2,940,400 $0
2023 $65,034 $1,741,900 $1,741,900 $0
2022 $65,034 $1,229,900 $1,229,900 $0
2021 $65,263 $1,229,900 $1,229,900 $0
2020 $52,636 $1,229,900 $1,229,900 $0
2019 -- $1,066,000 $1,066,000 $0
2018 -- $1,066,000 $1,066,000 $0
2017 -- $1,066,000 $1,066,000 $0
2016 -- $1,066,000 $1,066,000 $0
2015 -- $1,066,000 $0 $0
2014 -- $1,229,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 452904

Northern Michigan MLS

APN: 52-18-03-375-109