$50,000
SOLD AUG 30, 2024

5094 Coastal Ridge Ct Petoskey, MI 49770

0.58 Acre
$86,207 Price per Acre
25,265 Sq Ft Lot

Recently Sold

73% Below List Price

231 Days on Market

Highlights

  • Water Views
  • Open Lot
  • Gentle Sloping Lot

About This Lot

As of August 2024

This 3/4 acre parcel is a wonderful location in the center of Bay Harbor. With an expansive site on a hill, you are able to catch beautiful views of Lake Michigan. Design and build a home that fits your lifestyle. Located between the Bay Harbor Yacht Club and the Bay Harbor Golf Club, this lot allows you to enjoy all that Bay Harbor has to offer.

Last Agent to Sell the Property

Eric Yetter

Harbor Sothebys International Realty Listed on: 01/12/2024

Harbor Sothebys International Realty

Last Buyer's Agent

Eric Yetter

Harbor Sothebys International Realty Listed on: 01/12/2024

Harbor Sothebys International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,958

Lot Details

  • 0.58 Acre Lot
  • Open Lot
  • Gentle Sloping Lot
  • Property is zoned PUD

HOA Fees

  • $421 Monthly HOA Fees

Additional Features

  • Water Views
  • Underground Utilities

Community Details

  • Bay Harbor Bh Association

Listing and Financial Details

  • Assessor Parcel Number 52-18-09-210-101

Property Details

Property Type

Land

Est. Annual Taxes

$1,958

Lot Details

0

HOA Fees

$421 per month

Listing Details

  • Class: LOTS/LAND
  • Type: Lots/Land
  • Type 2: Acreage
  • Lvt Date: 01/12/2024
  • Section: 9
  • Hd Approved: Y
  • Second Address Number: 5094
  • Directions: 2.5 miles southwest of Petoskey on US-31 to Bay Harbor
  • OFFICELIST_STATE: MI
  • Street Designation: Court
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Features: Under Ground Utilities, City Utilities

Exterior Features

  • Lake: Michigan
  • Waterfront Water Access: Neither
  • Water View: Yes

Utilities

  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association: Bay Harbor BH
  • Association: Yes
  • Fees: 5,047

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Estimated Number of Acres: 0.58
  • Zoning: PUD
  • Number Of Acres: Under 1
  • Terrain: Slow Slope, Open

Tax Info

  • Assessor Parcel Number: 52-18-09-210-101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2024
Closed on
Aug 30, 2024
Sold by
Dembeck Properties Llc
Bought by
Ladyhawke Llc
Seller's Agent
Eric Yetter
Harbor Sothebys International Realty
Buyer's Agent
Eric Yetter
Harbor Sothebys International Realty
List Price
$187,000
Sold Price
$50,000
Premium/Discount to List
-$137,000
-73.26%
Views
37
Current Estimated Value
$146,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,992
Avg. Annual Appreciation
197.20%

Purchase Details

Listed on
Apr 29, 2015
Closed on
Sep 17, 2019
Sold by
Pretasky David H and Pretasky Kimberly A
Bought by
Dembeck Properties Llc
Seller's Agent
Eric Yetter
Harbor Sothebys International Realty
Buyer's Agent
Eric Yetter
Harbor Sothebys International Realty
List Price
$79,900
Sold Price
$18,500
Premium/Discount to List
-$61,400
-76.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.15%

Purchase Details

Closed on
Aug 30, 1999
Bought by
Pretasky David H and Pretasky Kimberly A
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 Type Sale Price Title Company
Warranty Deed -- Talon Title Agency
Warranty Deed -- --
Warranty Deed $275,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $50,000 -73.3% --
01/12/2024 01/12/24 For Sale $187,000 +910.8% --
09/11/2019 09/11/19 Sold $18,500 -61.9% --
08/14/2019 08/14/19 Price Changed $48,500 -39.3% --
05/02/2019 05/02/19 For Sale $79,900 0.0% --
05/02/2019 05/02/19 Price Changed $79,900 +331.9% --
04/30/2019 04/30/19 Off Market $18,500 -- --
04/29/2015 04/29/15 For Sale $139,900 -- --
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 $1,958 $44,700 $44,700 $0
2024 $1,958 $38,900 $38,900 $0
2023 $1,872 $35,400 $35,400 $0
2022 $1,872 $35,400 $35,400 $0
2021 $1,878 $35,400 $35,400 $0
2020 $1,910 $35,400 $35,400 $0
2019 -- $70,000 $70,000 $0
2018 -- $117,900 $117,900 $0
2017 -- $117,900 $117,900 $0
2016 -- $117,900 $117,900 $0
2015 -- $117,900 $0 $0
2014 -- $117,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Yetter

    Seller's Agent in 2024

    Eric Yetter

    Harbor Sothebys International Realty

    (231) 409-8798

    44 in this area

    48 Total Sales

    Eric Yetter
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Map

Source: Northern Michigan MLS

MLS Number: 472932

Northern Michigan MLS

APN: 52-18-09-210-101

Michigan Emmet County Petoskey 49770

5094 Coastal Ridge Ct, Petoskey, MI

This home is located at 5094 Coastal Ridge Ct, Petoskey, MI 49770 and is currently priced at $50,000. 5094 Coastal Ridge Ct 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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