NOT LISTED FOR SALE

4205 Main St Unit 48 Petoskey, MI 49770

Estimated Value: $573,000 - $1,388,000

4 Beds
4 Baths
2,798 Sq Ft
$2,246/mo HOA Fee

Last Sold June 10, 2021

Last sale price $1,000,000 $357 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $8,974/month

8 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Whirlpool Bathtub
  • Deck
  • Main Floor Primary Bedroom
  • First Floor Utility Room

About This Home

As of June 2021

Stunning third floor penthouse located in the Village at Bay Harbor with unparalleled views of Bay Harbor Lake and Lake Michigan, and acclaimed “million dollar” sunsets. This nearly 3,000 square foot property is light and airy, and was remodeled in 2019. Prominent characteristics include a desirable and spacious open floor plan, impressive décor, new fireplace façade, three balconies, and an abundance of windows with custom treatments. Located in the heart of the quaint Village at Bay Harbor with shopping, dining, events, Swim Club, Marina and Great Lakes Center for the Arts. Rental management program currently in place with impressive results. This desirable property is being offered completely furnished, turn-key and includes a garage.

Last Listed By

Chris Etienne

Harbor Sothebys International Realty Listed on: 05/19/2021

Harbor Sothebys International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,280

Year Built

  • Built in 1999

HOA Fees

  • $2,246 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,798 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Thermal Windows
  • Insulated Windows
  • Blinds
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring
  • Water Views

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Bay Harbor Bh Association

Listing and Financial Details

  • Assessor Parcel Number 52-18-03-405-148/406-125

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,280

Year Built

Built in 1999

Lot Details

0

HOA Fees

$2,246 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1999
  • Lvt Date: 05/22/2021
  • Measurement Source: Builder
  • Personal Prop Inc: Y
  • Personal Prop Value: $200,000
  • Section: 3
  • S E V Yr: 245,500/2021
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1999

Interior Features

  • Features: Built In Microwave, Cable, Central Air, Deck, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace, Mini Blinds, Paved Drive, Range, Refrigerator, Washer, Whirl Pool, Wood Floors, Elevator, Paved Road
  • Total Finished Sq Ft: 2798
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: Main
  • Total Rooms: 7
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: N/A
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 2798
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 4
  • Full Bathrooms: 4
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Thermo, Insulated

Exterior Features

  • Construction: Wood Frame/Site Built, Two Story +
  • Lake: Michigan
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither
  • Water View: Y

Garage/Parking

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

Utilities

  • Heat Type: Heat Pump
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Association: Bay Harbor BH
  • Association: Yes
  • Condo Unit Number: 48
  • Condo: Yes
  • Fees: 6,737

Schools

  • School District: Petoskey

Lot Info

  • Zoning: PUD

Tax Info

  • Assessor Parcel Number: 52-18-03-405-148/406-125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2021
Closed on
Jun 8, 2021
Sold by
Iceberg Rick E
Bought by
Boji Ronnie J Trust
Seller's Agent
Chris Etienne
Harbor Sothebys International Realty
Buyer's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
List Price
$1,200,000
Sold Price
$1,000,000
Premium/Discount to List
-$200,000
-16.67%
Total Days on Market
8
Current Estimated Value
$994,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,970
Avg. Annual Appreciation
2.11%

Purchase Details

Closed on
Aug 20, 2019
Sold by
Richard P Kughn Ret
Bought by
Iceberg Rick E and Iceberg Connie M

Purchase Details

Closed on
Nov 13, 2015
Sold by
Kughn Richard P and Kughn Linda Peterson
Bought by
Kughn Richard P and Richard P Kughn Trust

Purchase Details

Closed on
Sep 28, 2015
Sold by
Kughn Linda P
Bought by
Kughn Linda Peterson and Kughn Richard P

Purchase Details

Closed on
Sep 28, 2004
Sold by
Kughn Richard P and Kughn Linda P
Bought by
Kughn Linda P

Purchase Details

Closed on
Aug 23, 1999
Bought by
Kughn Richard P and Kughn Linda P

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
Boji Ronnie J Trust -- --
Iceberg Rick E -- Crossroads Title
Kughn Richard P -- None Available
Kughn Linda Peterson -- None Available
Kughn Linda P -- --
Kughn Richard P $1,285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boji Ronnie J Trust $640,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2021 06/10/21 Sold $1,000,000 -16.7% $357 / Sq Ft
05/19/2021 05/19/21 For Sale $1,200,000 -- $429 / 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
2024 $14,280 $399,500 $399,500 $0
2023 $13,002 $305,400 $305,400 $0
2022 $13,002 $245,900 $245,900 $0
2021 $10,731 $236,000 $236,000 $0
2020 $10,759 $239,000 $239,000 $0
2019 -- $236,300 $236,300 $0
2018 -- $203,600 $203,600 $0
2017 -- $188,700 $188,700 $0
2016 -- $187,800 $187,800 $0
2015 -- $189,500 $0 $0
2014 -- $186,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 465163

Northern Michigan MLS

APN: 52-18-03-405-148