NOT LISTED FOR SALE

4876 Lake Grove Rd Petoskey, MI 49770

Estimated Value: $364,000 - $6,650,249

4 Beds
2 Baths
2,040 Sq Ft
$1,719/Sq Ft Est. Value

Last Sold July 17, 2017

Last sale price $1,100,000 $539 Per Sq Ft

Est. 219% increase in value since last sale

Current estimated payment $25,740/month

Highlights

  • 100 Feet of Waterfront
  • Deck
  • Main Floor Primary Bedroom
  • Docks
  • Wood Flooring
  • Lower Floor Utility Room

About This Home

As of July 2017

Home is situated on an ideal site with splendid view of sparkling waters of Walloon Lake. Lot gently slopes to water's edge, has a variety of large trees, driveway with gentle grade from Lake Grove Rd. & is located in a desirable neighborhood of fine homes. Home needs maintenance & improvements but may have possibilities if remodeled. Floor plan sketches of both floors are available. Site ideal for construction of a new custom year around or resort home to enjoy for many years & create lasting memories.

Last Agent to Sell the Property

Dean Shorter

Land Masters, Inc. Listed on: 04/17/2017

Last Buyer's Agent

Wally Kidd

Kidd & Leavy Real Estate Co. LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $85,757

Lot Details

  • 0.67 Acre Lot
  • Lot Dimensions are 108.5 x 266 x 100 x 301
  • 100 Feet of Waterfront
  • Property is zoned RR/WR Overlay

Home Design

  • Brick or Stone Mason
  • Slab Foundation
  • Wood Frame Construction
  • Built-Up Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,040 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Insulated Windows
  • Wood Frame Window
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Wood Flooring
  • Water Views

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Block Basement Construction

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Docks
  • Deck
  • Shed

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 13-18-26-300-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$85,757

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 04/21/2017
  • Section: 26
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Cable, Deck, Dishwasher, Dock, Dryer, Gas Fireplace, Paved Drive, Range, Refrigerator, Washer, Wood Floors, Paved Road
  • Total Finished Sq Ft: 2040
  • Master Bedroom: Dimensions: 11'11x11'11, On Level: Main
  • Bedroom 2: Dimensions: 8'11x11'11, On Level: Main
  • Bedroom 3: Dimensions: 8'11x11'11, On Level: Main
  • Bedroom 4: Dimensions: 10'10x9'7, On Level: Lower
  • Total Rooms: 14
  • Basement: Block, Walkout, Finished, Slab
  • Dining Room: Dimensions: 15'6x13'9 adj LR, On Level: Main
  • Kitchen: Dimensions: 11'8x17'10, On Level: Main
  • Family Room: Dimensions: 10'10x17'10 adj DR, On Level: Lower
  • Living Room: Dimensions: 14'11x15'8 adj DR, On Level: Main
  • Above Grade Finished Sq Ft: 1284
  • Bathroom 1: Dimensions: Full bath/tub, On Level: Main
  • Bathroom 2: Dimensions: 5'10x7'9 w/shower, On Level: Lower
  • Number Of Bedrooms: 4
  • Full Bathrooms: 2
  • Rooms 1: Dimensions: 12'5x14' kit/din adj Fam, On Level: Lower
  • Rooms 2: Dimensions: 9'7x10'6 fruit/wine stor, On Level: Lower
  • Windows: Aluminum, Wood Sash, Insulated

Exterior Features

  • Construction: Brick, Wood Frame/Site Built, Concrete/Block, Two Story +
  • Lake: Walloon
  • Roof: Built Up
  • Waterfront Frontage: 100
  • 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: Two

Utilities

  • Heat Type: Natural Gas, Hot Water Baseboard
  • Sewer: Septic
  • Water: Well
  • Water Heater: Natural Gas, 40 Gal
  • Well Size Depth: unknown

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 108.5 x 266 x 100 x 301
  • Estimated Number of Acres: 0.67
  • Zoning: RR/WR Overlay

Tax Info

  • Assessor Parcel Number: 13-18-26-300-023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2017
Closed on
Jul 17, 2017
Sold by
Kauffman Sally and Evelyn M Bare Trust
Bought by
Mccuiston Christopher H and Mccuiston Jennifer S
Seller's Agent
Dean Shorter
Land Masters, Inc.
Buyer's Agent
Wally Kidd
Kidd & Leavy Real Estate Co. LLC
List Price
$1,129,000
Sold Price
$1,100,000
Premium/Discount to List
-$29,000
-2.57%
Current Estimated Value
$3,507,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,407,125
Avg. Annual Appreciation
15.89%
Original Mortgage
$880,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 9, 2008
Sold by
Bare Evelyn M and Bare Kenneth
Bought by
Bare Evelyn M
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
Mccuiston Christopher H -- Attorney Title Agency Llc
Bare Evelyn M -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2017 07/17/17 Sold $1,100,000 -2.6% $539 / Sq Ft
06/02/2017 06/02/17 Pending -- -- --
04/17/2017 04/17/17 For Sale $1,129,000 -- $553 / 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 $85,757 $3,141,200 $3,141,200 $0
2024 $85,757 $3,011,600 $3,011,600 $0
2023 $77,972 $2,655,100 $2,655,100 $0
2022 $77,972 $2,630,800 $2,630,800 $0
2021 $75,232 $2,348,500 $2,348,500 $0
2020 $50,981 $1,346,700 $1,346,700 $0
2019 -- $480,300 $480,300 $0
2018 -- $557,800 $557,800 $0
2017 -- $586,600 $586,600 $0
2016 -- $547,000 $547,000 $0
2015 -- $487,600 $0 $0
2014 -- $466,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Dean Shorter

    Land Masters, Inc.

    Section Image
  • Wally Kidd

    Buyer's Agent in 2017

    Wally Kidd

    Kidd & Leavy Real Estate Co. LLC

    (231) 838-2700

    173 Total Sales

    Wally Kidd
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 451406

Northern Michigan MLS

APN: 13-18-26-300-023

Michigan Emmet County Petoskey 49770

4876 Lake Grove Rd, Petoskey, MI

This home is located at 4876 Lake Grove Rd, Petoskey, MI 49770 since 17 April 2017 and is currently estimated at $3,507,125, approximately $1,719 per square foot. 4876 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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