$2,600,000
SOLD MAY 20, 2021

5874 Coastal Cliffs Ct Petoskey, MI 49770

4 Beds
6 Baths
4,500 Sq Ft
2018 Built

Recently Sold

$578 Per Sq Ft

19% Below List Price

Highlights

  • Water Views
  • First Floor Utility Room
  • Living Room
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • Dining Room

About This Home

As of October 2022

Enjoy the best of Bay Harbor in this stunning custom home. Located just a short walk from three world-class golf courses, this stunning Northern Michigan masterpiece will not disappoint. Arriving at the home you travel up a pebble aggregate lighted pathway bordered by mature landscaping on both sides. Once inside, you are blown away by the impeccable finishes and panoramic views over the back yard, manicured golf course and overlooking Lake Michigan. Everywhere you look in this house you will fine the best finishes available. The kitchen features Viking and Sub Zero appliances. The home has Lutron automation for lighting and shades and is protected by a whole-house backup generator. While enjoying this extremely private yard you are even treated to the sounds of the small brook that passes through the grounds. Bay Harbor is an exclusive resort community in Northern Michigan. It features award winning golf, newly renovated Yacht Club, marina, shopping, Great Lakes Center for the Arts and more! Home can be purchased fully furnished an additional cost.

Last Agent to Sell the Property

Stephanie Jones

Kidd & Leavy Real Estate Co. LLC Listed on: 02/11/2021

Last Buyer's Agent

Patrick Leavy

Kidd & Leavy Real Estate Co. LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,470

Year Built

  • Built in 2018

HOA Fees

  • $324 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction

Interior Spaces

  • 4,500 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Water Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Community Details

  • Bay Harbor Bh Association

Listing and Financial Details

  • Assessor Parcel Number 52-18-08-210-101

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,470

Year Built

Built in 2018

Lot Details

0

HOA Fees

$324 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2018
  • Lvt Date: 02/11/2021
  • Measurement Source: Builder
  • Section: 8
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2018

Interior Features

  • Total Finished Sq Ft: 4500
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Total Rooms: 9
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Main
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 4500
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Rooms 1: On Level: Upper
  • Rooms 2: On Level: Upper

Exterior Features

  • Construction: Wood Frame/Site Built
  • Lake: Michigan
  • Waterfront Water Access: Neither
  • Water View: Y

Garage/Parking

  • Garage Carport: Garage-Attached
  • Gar Car Capacity: Two and Half

Condo/Co-op/Association

  • Association: Bay Harbor BH
  • Association: Yes
  • Fees: 3,883

Schools

  • School District: Petoskey

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 52-18-08-210-101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2022
Closed on
Oct 21, 2022
Sold by
Ctc-Tsc Michigan Holdings Llc
Bought by
Teglia Dean J and Teglia Karin G
Seller's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Wally Kidd
Kidd & Leavy Real Estate Co. LLC
List Price
$3,795,000
Sold Price
$3,755,000
Premium/Discount to List
-$40,000
-1.05%
Current Estimated Value
$2,503,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,251,275
Avg. Annual Appreciation
-12.25%
Original Mortgage
$2,816,250
Outstanding Balance
$2,706,509
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
-$149,519

Purchase Details

Listed on
Feb 11, 2021
Closed on
May 18, 2021
Sold by
Tl 5874 Llc
Bought by
Ctc-Tsc Michigan Holdings Llc
Seller's Agent
Stephanie Jones
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
List Price
$3,200,000
Sold Price
$2,600,000
Premium/Discount to List
-$600,000
-18.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.54%
Original Mortgage
$2,000,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2017
Sold by
Peninsula Drive Properties Llc
Bought by
Tl 5874 Llc

Purchase Details

Closed on
Oct 27, 2011
Sold by
Babcock Dan J and Babcock Kathy J
Bought by
Peninsula Drive Properties Llc

Purchase Details

Closed on
Sep 23, 1998
Bought by
Babcock Dan J and Babcock Kathy J

Purchase Details

Closed on
Oct 1, 1995
Sold by
Golf Sites
Bought by
Eller New95
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 Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- Crossroads Title
Limited Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $3,755,000 -1.1% $862 / Sq Ft
10/05/2022 10/05/22 For Sale $3,795,000 +46.0% $872 / Sq Ft
05/20/2021 05/20/21 Sold $2,600,000 -10.3% $578 / Sq Ft
03/17/2021 03/17/21 Price Changed $2,900,000 -9.4% $644 / Sq Ft
02/11/2021 02/11/21 For Sale $3,200,000 -- $711 / 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 $36,470 $941,900 $941,900 $0
2024 $36,470 $863,500 $863,500 $0
2023 $32,070 $659,400 $659,400 $0
2022 $32,070 $606,500 $606,500 $0
2021 $12,762 $240,500 $240,500 $0
2020 $12,974 $240,500 $240,500 $0
2019 -- $240,500 $240,500 $0
2018 -- $240,500 $240,500 $0
2017 -- $240,500 $240,500 $0
2016 -- $240,500 $240,500 $0
2015 -- $240,500 $0 $0
2014 -- $240,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patrick Leavy

    Seller's Agent in 2022

    Patrick Leavy

    Kidd & Leavy Real Estate Co. LLC

    (231) 881-6639

    183 in this area

    383 Total Sales

    Patrick Leavy
    Section Image
  • Wally Kidd

    Buyer's Agent in 2022

    Wally Kidd

    Kidd & Leavy Real Estate Co. LLC

    (231) 838-2700

    49 in this area

    173 Total Sales

    Wally Kidd
    Section Image
  • Stephanie Jones

    Seller's Agent in 2021

    Stephanie Jones

    Kidd & Leavy Real Estate Co. LLC

    (231) 844-4410

    84 in this area

    149 Total Sales

    Stephanie Jones
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 464269

Northern Michigan MLS

APN: 52-18-08-210-101

Michigan Emmet County Petoskey 49770

5874 Coastal Cliffs Ct, Petoskey, MI

This home is located at 5874 Coastal Cliffs Ct, Petoskey, MI 49770 and is currently priced at $2,600,000, approximately $577 per square foot. This property was built in 2018. 5874 Coastal Cliffs 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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