NOT LISTED FOR SALE

5152 Lake Grove Rd Petoskey, MI 49770

Estimated Value: $537,000 - $2,245,038

2 Beds
1 Bath
784 Sq Ft
$1,554/Sq Ft Est. Value

Last Sold June 17, 2021

Last sale price $1,850,000 $2,360 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $7,680/month

Highlights

  • 127 Feet of Waterfront
  • Deck
  • First Floor Utility Room
  • Docks
  • Main Floor Primary Bedroom
  • Living Room

About This Home

As of June 2021

127 feet of frontage along the highly sought after Lake Grove Road location on Walloon Lake. Charming original cottage on the property brings back memories of a simpler time. A short drive to the areas leading healthcare provider, McLaren Northern Michigan, downtown Petoskey and all the other charming destinations surrounding Little Traverse Bay.

Last Agent to Sell the Property

Wally Kidd

Kidd & Leavy Real Estate Co. LLC Listed on: 06/17/2021

Last Buyer's Agent

Wally Kidd

Kidd & Leavy Real Estate Co. LLC Listed on: 06/17/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,620

Lot Details

  • 127 Feet of Waterfront
  • Property is zoned RT RR

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 784 Sq Ft Home
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Water Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Docks
  • Deck

Utilities

  • Heating System Uses Natural Gas
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number See Agent Remarks

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,620

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 06/17/2021
  • Measurement Source: Appraiser
  • Section: 35
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Deck, Dock
  • Total Finished Sq Ft: 784
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Total Rooms: 5
  • 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: 784
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: N/A
  • Number Of Bedrooms: 2
  • Full Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A

Exterior Features

  • Construction: Wood Frame/Site Built
  • Lake: Walloon
  • Roof: Asphalt Shingle
  • Waterfront Frontage: 127
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Private Ownership

Utilities

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

Schools

  • School District: Petoskey

Lot Info

  • Zoning: RT RR

Tax Info

  • Assessor Parcel Number: See Agent Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Jun 16, 2021
Sold by
Crothers David R Trust
Bought by
Short Winthrop M and Short Jeanne M
Seller's Agent
Wally Kidd
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Wally Kidd
Kidd & Leavy Real Estate Co. LLC
List Price
$1,850,000
Sold Price
$1,850,000
Current Estimated Value
$1,218,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$631,321
Avg. Annual Appreciation
-10.60%
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
Short Winthrop M -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2021 06/17/21 Sold $1,850,000 0.0% $2,360 / Sq Ft
06/17/2021 06/17/21 For Sale $1,850,000 -- $2,360 / Sq Ft
04/27/2021 04/27/21 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 $14,620 $455,700 $455,700 $0
2024 $14,620 $403,600 $403,600 $0
2023 $13,424 $338,000 $338,000 $0
2022 $13,424 $325,100 $325,100 $0
2021 $3,291 $347,800 $347,800 $0
2020 $3,239 $352,400 $352,400 $0
2019 -- $341,300 $341,300 $0
2018 -- $351,800 $351,800 $0
2017 -- $349,900 $349,900 $0
2016 -- $325,500 $325,500 $0
2015 -- $290,000 $0 $0
2014 -- $278,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wally Kidd

    Seller's Agent in 2021

    Wally Kidd

    Kidd & Leavy Real Estate Co. LLC

    (231) 838-2700

    173 Total Sales

    Wally Kidd
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Map

Source: Northern Michigan MLS

MLS Number: 465450

Northern Michigan MLS

APN: 13-18-35-100-018

Michigan Emmet County Petoskey 49770

5152 Lake Grove Rd, Petoskey, MI

This home is located at 5152 Lake Grove Rd, Petoskey, MI 49770 since 17 June 2021 and is currently estimated at $1,218,679, approximately $1,554 per square foot. 5152 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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