NOT LISTED FOR SALE

4708 Lake Grove Rd Petoskey, MI 49770

Estimated Value: $365,000 - $7,652,182

4 Beds
2 Baths
2,850 Sq Ft
$1,407/Sq Ft Est. Value

Last Sold August 19, 2016

Last sale price $925,000 $325 Per Sq Ft

Est. 333% increase in value since last sale

Current estimated payment $27,431/month

Highlights

  • 155 Feet of Waterfront
  • Wood Flooring
  • Lower Floor Utility Room
  • Docks
  • Main Floor Primary Bedroom
  • Wood Frame Window

About This Home

As of August 2016

154 feet on Walloon Lake's desired west arm. You can't find a better location than this! Main house has three bedrooms, one bath, and some nice open spaces. Guest house is one bedroom, one bath, and has historic charm. Sandy bottom, perfect for swimming; sunset views; the property lends itself to an incredible future as is, but also is well suited for a variety of potential changes in the site. Don't let this opportunity slip past!

Last Agent to Sell the Property

Dave Carlson

Kidd & Leavy Real Estate Co. LLC Listed on: 08/02/2015

Last Buyer's Agent

Patrick Leavy

Kidd & Leavy Real Estate Co. LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $74,138

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 154x172x160x175
  • 155 Feet of Waterfront

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,850 Sq Ft Home
  • Ceiling Fan
  • Vinyl Clad Windows
  • Wood Frame Window
  • Family Room
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Washer
  • Wood Flooring
  • Water Views
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Docks
  • Shed

Utilities

  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 13-18-26-300-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$74,138

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Section: 26
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Cable, Ceiling Fans, Dock, Range, Refrigerator, Washer, Wood Floors
  • Total Finished Sq Ft: 2850
  • Master Bedroom: Dimensions: 18x11.5, On Level: Main
  • Bedroom 2: Dimensions: 11x10, On Level: Main
  • Bedroom 3: Dimensions: 10x12, On Level: Main
  • Bedroom 4: On Level: Main
  • Total Rooms: 11
  • Basement: Crawl, Partial
  • Dining Room: Dimensions: 18x11.5, On Level: Main
  • Kitchen: Dimensions: 13x14, On Level: Main
  • Family Room: On Level: Main
  • Living Room: Dimensions: 19x20, On Level: Main
  • Above Grade Finished Sq Ft: 2850
  • Bathroom 1: Dimensions: 7x5, On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 4
  • Full Bathrooms: 2
  • Rooms 1: On Level: Main
  • Rooms 2: On Level: Main
  • Windows: Wood Sash, Vinyl

Exterior Features

  • Construction: Wood Frame/Site Built
  • Lake: Walloon
  • Roof: Asphalt Shingle
  • Waterfront Frontage: 154.7
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Private Ownership

Utilities

  • Heat Type: LP Gas
  • Sewer: Septic
  • Water: Well
  • Water Heater: Electric

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 154x172x160x175
  • Estimated Number of Acres: 0.6
  • Zoning: residential

Tax Info

  • Assessor Parcel Number: 13-18-26-300-029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2015
Closed on
Aug 16, 2016
Sold by
Wrolstad Jane and Bunse Raymond
Bought by
Jabbour Anthony and Jabbour Krances M
Seller's Agent
Dave Carlson
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
List Price
$1,220,000
Sold Price
$925,000
Premium/Discount to List
-$295,000
-24.18%
Current Estimated Value
$4,008,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,083,591
Avg. Annual Appreciation
16.35%

Purchase Details

Closed on
Mar 1, 1997
Bought by
Bunse Trustee
Source: Public Records

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
Jabbour Anthony -- Crossroads Title
Wrolstad Jane -- Crossroads Title
Bunse Trustee -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2016 08/19/16 Sold $925,000 -24.2% $325 / Sq Ft
08/14/2016 08/14/16 Pending -- -- --
08/02/2015 08/02/15 For Sale $1,220,000 -- $428 / 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
2025 $74,138 $3,538,700 $3,538,700 $0
2024 $74,138 $3,468,000 $3,468,000 $0
2023 $67,408 $2,856,800 $2,856,800 $0
2022 $67,408 $2,147,400 $2,147,400 $0
2021 $65,039 $1,957,000 $1,957,000 $0
2020 $64,070 $1,642,800 $1,642,800 $0
2019 -- $1,621,100 $1,621,100 $0
2018 -- $1,712,500 $1,712,500 $0
2017 -- $569,400 $569,400 $0
2016 -- $562,200 $562,200 $0
2015 -- $496,800 $0 $0
2014 -- $487,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dave Carlson

    Seller's Agent in 2016

    Dave Carlson

    Kidd & Leavy Real Estate Co. LLC

    (231) 342-3317

    53 Total Sales

    Dave Carlson
    Section Image
  • Patrick Leavy

    Buyer's Agent in 2016

    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: 445694

Northern Michigan MLS

APN: 13-18-26-300-029

Michigan Emmet County Petoskey 49770

4708 Lake Grove Rd, Petoskey, MI

This home is located at 4708 Lake Grove Rd, Petoskey, MI 49770 since 02 August 2015 and is currently estimated at $4,008,591, approximately $1,406 per square foot. 4708 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.

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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