4404 Cottage Grove Petoskey, MI 49770
5
Beds
4.5
Baths
5,749
Sq Ft
0.48
Acres
Highlights
- 98 Feet of Waterfront
- Deck
- Wood Flooring
- Docks
- Cathedral Ceiling
- Main Floor Primary Bedroom
About This Home
As of September 2024Located on 98’ of waterfront on the West Arm and nestled amongst mature hardwoods sits this custom built home with unsurpassed views of Walloon Lake. As you enter you are greeted with cathedral ceilings and floor to ceiling windows that flood the home with light and showcase the natural beauty of northern Michigan. The living room offers a gas fireplace to take the chill off in the evenings and access to the sprawling deck where you can sip your morning coffee or enjoy an evening cocktail as the sun sets. The spacious kitchen and dining area boast gleaming hardwood floors, plenty of custom cabinetry, and a large island to easily cook for a crowd. The bright and inviting main level master suite faces the water so you can wake up each morning to the sound of the waves lapping against the shore. The covered garage entry leads you to a large mudroom and laundry room, and a half bath at the front entrance round out the main level. Upstairs you’ll find three additional bedrooms, two full baths, and a sitting area that would be perfect for an office, craft area, or playroom. A walkout lower level provides ample space to hosts guests with a fifth bedroom and full bath, large family room, and tons of storage space for all your seasonal décor and outdoor furniture. Enjoy some shade with your covered lower level patio and take the steps down to the dock for endless swimming, fishing, and Walloon Lake fun! This amazing location is near Petoskey, Charlevoix, and Bay Harbor so you can easily enjoy all the quaint towns, boutique shopping, fine dining, and activities northern Michigan has to offer. Home is offered mostly furnished including the dock.
Last Agent to Sell the Property
Kidd & Leavy Real Estate Co. LLC Listed on: 07/21/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $26,721
Lot Details
- 98 Feet of Waterfront
- Property is zoned RR
Home Design
- Wood Frame Construction
- Asphalt Shingled Roof
Interior Spaces
- 5,749 Sq Ft Home
- 2-Story Property
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Family Room Downstairs
- Living Room
- Dining Room
- Lower Floor Utility Room
- Wood Flooring
- Water Views
Kitchen
- Range
- Built-In Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 2 Car Attached Garage
- Driveway
Outdoor Features
- Docks
- Deck
- Patio
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Well
- Septic System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 13-18-22-300-031
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 21, 2024
Closed on
Sep 6, 2024
Sold by
Mayne Lynn A and The Lynn A Mayne Trust
Bought by
Macdonald Helen
Seller's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
List Price
$4,450,000
Sold Price
$3,850,000
Premium/Discount to List
-$600,000
-13.48%
Views
88
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,028,131
Avg. Annual Appreciation
-27.41%
Purchase Details
Closed on
Jan 12, 1998
Sold by
Seeley James E and Seeley Della J
Bought by
Mayne Lynn A and Ii Ttee Ben R
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | $300,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $175,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/06/2024 09/06/24 | Sold | $3,850,000 | -7.2% | $670 / Sq Ft |
| 08/06/2024 08/06/24 | Price Changed | $4,150,000 | -6.7% | $722 / Sq Ft |
| 07/21/2024 07/21/24 | For Sale | $4,450,000 | -- | $774 / Sq Ft |
Source: Northern Michigan MLS
Tax History Compared to Growth
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 | $26,721 | $1,139,500 | $1,139,500 | $0 |
| 2024 | $26,721 | $1,062,800 | $1,062,800 | $0 |
| 2023 | $24,296 | $957,200 | $957,200 | $0 |
| 2022 | $24,296 | $796,800 | $796,800 | $0 |
| 2021 | $23,442 | $771,300 | $771,300 | $0 |
| 2020 | $23,092 | $809,200 | $809,200 | $0 |
| 2019 | -- | $747,500 | $747,500 | $0 |
| 2018 | -- | $726,700 | $726,700 | $0 |
| 2017 | -- | $729,300 | $729,300 | $0 |
| 2016 | -- | $695,100 | $695,100 | $0 |
| 2015 | -- | $641,300 | $0 | $0 |
| 2014 | -- | $589,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Patrick Leavy
Seller's Agent in 2024
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
(231) 881-6639
385 Total Sales
Map
Source: Northern Michigan MLS
MLS Number: 474404
APN: 13-18-22-300-031
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