NOT LISTED FOR SALE

4250 Peninsula Dr Petoskey, MI 49770

Petoskey Area

Estimated Value: $4,972,000 - $7,696,000

6 Beds
9 Baths
13,500 Sq Ft
$489/Sq Ft Est. Value

Sale Details

Date Sold: July 7, 2017

Last sale price $4,220,000 $313 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $47,555 / mo

236 Days on Market

Highlights

  • 130 Feet of Waterfront
  • Deck
  • Main Floor Primary Bedroom
  • Docks
  • Radiant Floor
  • 2 Car Attached Garage

About This Home

As of July 2017

This beautiful 13,500 square foot home is located on the very prestigious Peninsula at Bay Harbor and features six bedrooms, all with private bathrooms, three half baths, hardwood floors, custom kitchen with granite countertops, three fireplaces, and a finished lower level that includes a theater and bar. Also included is 130’ of waterfront on Bay Harbor Lake where you have a 134’ foot private deep water dock, and 130’ of Lake Michigan waterfront where you can enjoy beautiful sunsets over the bay.

Last Agent to Sell the Property

Patrick Leavy

Kidd & Leavy Real Estate Co. LLC Listed on: 10/20/2016

Last Buyer's Agent

Patrick Leavy

Kidd & Leavy Real Estate Co. LLC Listed on: 10/20/2016

Range of Values:

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

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Lot Details

  • 130 Feet of Waterfront
  • Sprinkler System
  • Property is zoned PUD

Home Design

  • Wood Frame Construction

Interior Spaces

  • 13,500 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Second Floor Utility Room
  • Radiant Floor
  • Water Views
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Docks
  • Deck

Utilities

  • Central Air
  • Gas Water Heater
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 52-18-03-375-106

Home Details

Home Type

Single Family

Lot Details

0 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 10/21/2016
  • Measurement Source: Owner
  • Section: 3
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Built In Microwave, Cable, Central Air, Deck, Dishwasher, Dock, Dryer, Gas Fireplace, Paved Drive, Range, Refrigerator, Sprinkler System, Trash Compactor, Washer
  • Total Finished Sq Ft: 13500
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Basement: Walkout, Finished
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Lower
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 11500
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Upper
  • Number Of Bedrooms: 6
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Rooms 1: On Level: Lower
  • Rooms 2: On Level: Upper

Exterior Features

  • Construction: Wood Frame/Site Built, Two Story +
  • Lake: Michigan
  • Waterfront Frontage: 130/130
  • 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: Two and Half

Utilities

  • Heat Type: In Floor Heating
  • Sewer: City
  • Water: City
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: Bay Harbor BH
  • Association: Yes

Lot Info

  • Zoning: PUD

Tax Info

  • Assessor Parcel Number: 52-18-03-375-106

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
Oct 20, 2016
Closed on
Jul 7, 2017
Sold by
Bought by
Seller's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
List Price
$4,990,000
Sold Price
$4,220,000
Premium/Discount to List
-$770,000
-15.43%
Current Estimated Value
$6,602,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,382,653
Avg. Annual Appreciation
5.05%

Purchase Details

Closed on
Feb 28, 2003
Bought by

Purchase Details

Closed on
Jul 10, 1998
Bought by

Purchase Details

Closed on
Jun 30, 1998
Bought by

Purchase Details

Closed on
Jan 1, 1995
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

  • Christy Berry Real Estate Agent - Compass RE Texas, LLC.

    Christy Berry

    Responds Quickly

    Compass RE Texas, LLC.

    (817) 670-9178

    97 Total Sales

    1 in Petoskey

    $1,407,000 Price

    Christy Berry
     Section Image
  • Julia Pietrowicz Real Estate Agent - Keller Williams Northern Michigan

    Julia Pietrowicz

    Keller Williams Northern Michigan

    (231) 668-6859

    335 Total Sales

    1 in Petoskey

    $399,000 Price

    Julia Pietrowicz
     Section Image
  • Ken Carlson Real Estate Agent - Ken Carlson Realty

    Ken Carlson

    Ken Carlson Realty

    (989) 418-4296

    29 Total Sales

    1 in Petoskey

    $759,000 Price

    Ken Carlson
     Section Image
  • Joe Blachy Real Estate Agent - Petoskey Real Estate Group

    Joe Blachy

    Petoskey Real Estate Group

    (231) 715-5138

    103 Total Sales

    32 in Petoskey

    $99K - $1.2M Price Range

    Joe Blachy
     Section Image
  • 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
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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
-- Crossroads Title
$3,650,000 --
$3,975,000 --
-- --
-- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $2,020,400
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
07/07/2017 07/07/17 Sold $4,220,000 -15.4% $313 / Sq Ft
06/13/2017 06/13/17 Pending -- -- --
10/20/2016 10/20/16 For Sale $4,990,000 -- $370 / Sq Ft
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 $134,334 $3,495,400 $0 $3,495,400
2025 $134,334 $3,358,800 $0 $3,358,800
2024 $1,280 $3,062,500 $0 $3,062,500
2023 $122,315 $2,564,800 $0 $2,564,800
2022 $122,315 $2,551,600 $0 $2,551,600
2021 $118,824 $2,486,700 $0 $2,486,700
2020 $119,129 $2,486,700 $0 $2,486,700
2019 -- $2,255,100 $0 $2,255,100
2018 -- $2,116,400 $0 $2,116,400
2017 -- $2,236,600 $0 $2,236,600
2016 -- $2,214,500 $0 $2,214,500
2015 -- $2,193,900 $0 $0
2014 -- $2,437,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patrick Leavy Real Estate Agent - Kidd & Leavy Real Estate Co. LLC

    Seller's Agent in 2017

    Patrick Leavy

    Kidd & Leavy Real Estate Co. LLC

    (231) 838-6700

    357 Total Sales

    Patrick Leavy
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Map

Source: Northern Michigan MLS

MLS Number: 449995

Northern Michigan MLS

APN: 52-18-03-375-106

Michigan Emmet County Petoskey 49770

4250 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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