NOT LISTED FOR SALE

4472 Lake Grove Rd Petoskey, MI 49770

Estimated Value: $364,000 - $4,120,844

4 Beds
2 Baths
2,100 Sq Ft
$1,068/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $3,450,000 $1,643 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $15,705/month

Highlights

  • 162 Feet of Waterfront
  • Guest House
  • Lower Floor Utility Room
  • Docks
  • Deck
  • 3 Car Detached Garage

About This Home

As of August 2022

This is an exceptionally rare find on Walloon Lake's coveted west arm! With over an acre of land and 160+ of private hard-packed shoreline, this bluffed setting enjoys extraordinary lake views shaped by the natural seclusion of this wooded parcel. The main home is vintage lake living, impeccably maintained with a roomy open concept floor plan. In addition to the 4 bedrooms in the lakeside home, there is a newer carriage house on site which features a stunning inlaw suite and finished basement along with a roomy three car garage. Just a short drive to downtown Petoskey, Bay Harbor, or Boyne City. One of the most coveted locations on Northern Michigan's most coveted lake, a combination that is hard to beat!

Last Agent to Sell the Property

Kyle Lieberman

Kidd & Leavy Real Estate Co. LLC Listed on: 08/02/2022

Last Buyer's Agent

Patrick Leavy

Kidd & Leavy Real Estate Co. LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,792

Lot Details

  • 162 Feet of Waterfront
  • Property is zoned RT RR

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,100 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Thermal Windows
  • Insulated Windows
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Water Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Detached Garage
  • Driveway

Outdoor Features

  • Docks
  • Deck

Additional Homes

  • Guest House

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 13-18-27-200-034

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,792

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 08/02/2022
  • Section: 27
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Ceiling Fans, Central Air, Deck, Dishwasher, Dock, Dryer, Garbage Disposal, Paved Drive, Range, Refrigerator, Washer, Wood Fireplace
  • Total Finished Sq Ft: 2100
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: Main
  • Total Rooms: 8
  • Basement: Full
  • 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: 2100
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Upper
  • Number Of Bedrooms: 4
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Thermo, Insulated

Exterior Features

  • Construction: Wood Frame/Site Built
  • Lake: Walloon
  • Roof: Asphalt Shingle
  • Waterfront Frontage: 162
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Private Ownership

Garage/Parking

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

Utilities

  • Heat Type: Natural Gas
  • Sewer: Septic
  • Water: Well

Schools

  • School District: Petoskey

Lot Info

  • Zoning: RT RR

Tax Info

  • Assessor Parcel Number: 13-18-27-200-034

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2024
Sold by
Labadie Marc and Labadie Y
Bought by
Labadie Marc and Labadie Maureen Mclean
Current Estimated Value
$2,242,422

Purchase Details

Listed on
Aug 2, 2022
Closed on
Jul 27, 2022
Sold by
Hagans Roger and Peterson Elizabeth Griot
Bought by
Labadie Marc
Seller's Agent
Kyle Lieberman
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
List Price
$3,299,000
Sold Price
$3,450,000
Premium/Discount to List
$151,000
4.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.57%
Original Mortgage
$2,760,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2008
Sold by
Hagans Roger
Bought by
Hagans Roger and Griot Peterson Elizabeth

Purchase Details

Closed on
Oct 27, 2006
Sold by
Hagans Roger
Bought by
Hagans Roger and Peterson Elizabet

Purchase Details

Closed on
Apr 28, 2006
Sold by
Gross Richard M and Gross Donna E
Bought by
Hagans Roger
Source: Public Records

Range of Values:

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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
Labadie Marc -- --
Labadie Marc -- Talon Title Agency
Hagans Roger -- --
Hagans Roger -- --
Hagans Roger -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Labadie Marc $2,760,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2022 08/02/22 For Sale $3,299,000 -4.4% $1,571 / Sq Ft
08/01/2022 08/01/22 Sold $3,450,000 -- $1,643 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
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
2025 $45,792 $1,340,100 $1,340,100 $0
2024 $45,792 $1,217,900 $1,217,900 $0
2023 $28,156 $1,058,700 $1,058,700 $0
2022 $28,156 $827,500 $827,500 $0
2021 $27,167 $850,100 $850,100 $0
2020 $26,762 $875,400 $875,400 $0
2019 -- $834,100 $834,100 $0
2018 -- $832,400 $832,400 $0
2017 -- $832,400 $832,400 $0
2016 -- $781,100 $781,100 $0
2015 -- $708,100 $0 $0
2014 -- $669,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kyle Lieberman

    Seller's Agent in 2022

    Kyle Lieberman

    Kidd & Leavy Real Estate Co. LLC

    (231) 622-1535

    50 Total Sales

    Kyle Lieberman
    Section Image
  • Patrick Leavy

    Buyer's Agent in 2022

    Patrick Leavy

    Kidd & Leavy Real Estate Co. LLC

    (231) 881-6639

    383 Total Sales

    Patrick Leavy
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 469094

Northern Michigan MLS

APN: 13-18-27-200-034

Michigan Emmet County Petoskey 49770

4472 Lake Grove Rd, Petoskey, MI

This home is located at 4472 Lake Grove Rd, Petoskey, MI 49770 since 02 August 2022 and is currently estimated at $2,242,422, approximately $1,067 per square foot. 4472 Lake Grove Rd is a home located in Emmet County with nearby schools including Petoskey High School.

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.

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