NOT LISTED FOR SALE

5874 Coastal Cliffs Dr Petoskey, MI 49770

Estimated Value: $1,017,000 - $3,840,176

4 Beds
4.5 Baths
4,012 Sq Ft
$624/Sq Ft Est. Value

Last Sold December 14, 2017

Last sale price $2,200,000 $548 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $16,598/month

Highlights

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

About This Home

As of December 2017

Introducing Bay Harbor's most exciting new residential construction project, Coastal Cliffs! This Fred Ball designed new construction project is located on one of Bay Harbor's finest available lots. This home will feature spectacular Lake Michigan views, mature trees and a picturesque stream running through the property. This home is centrally located in the gated Bay Harbor community with easy access to Golf Club, Yacht Club and the Village of Bay Harbor!

Last Agent to Sell the Property

Stephanie Jones

Kidd & Leavy Real Estate Co. LLC Listed on: 06/11/2017

Last Buyer's Agent

Stephanie Jones

Kidd & Leavy Real Estate Co. LLC Listed on: 06/11/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,470

Year Built

  • Built in 2017

HOA Fees

  • $285 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction

Interior Spaces

  • 4,012 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 2017

Lot Details

0

HOA Fees

$285 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2017
  • Lvt Date: 06/15/2017
  • Measurement Source: Builder
  • Section: 8
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2017

Interior Features

  • Total Finished Sq Ft: 4012
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Total Rooms: 8
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Main
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 4012
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A

Exterior Features

  • Construction: Wood Frame/Site Built
  • 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: $3414
  • Other Association Fees: BHYC

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

Closed on
Oct 21, 2022
Sold by
Ctc-Tsc Michigan Holdings Llc
Bought by
Teglia Dean J and Teglia Karin G
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.
Original Mortgage
$2,816,250
Outstanding Balance
$2,706,509
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
-$149,519

Purchase Details

Closed on
May 18, 2021
Sold by
Tl 5874 Llc
Bought by
Ctc-Tsc Michigan Holdings Llc

Home Financials for this Owner

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

Purchase Details

Listed on
Jun 11, 2017
Closed on
Dec 12, 2017
Sold by
Peninsula Drive Properties Llc
Bought by
Tl 5874 Llc
Seller's Agent
Stephanie Jones
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Stephanie Jones
Kidd & Leavy Real Estate Co. LLC
List Price
$2,200,000
Sold Price
$2,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.95%

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
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
Teglia Dean J -- --
Ctc-Tsc Michigan Holdings Llc -- --
Tl 5874 Llc -- Crossroads Title
Peninsula Drive Properties Llc -- --
Babcock Dan J -- --
Eller New95 -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ctc-Tsc Michigan Holdings Llc $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2017 12/14/17 Sold $2,200,000 0.0% $548 / Sq Ft
11/05/2017 11/05/17 Pending -- -- --
06/11/2017 06/11/17 For Sale $2,200,000 -- $548 / 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

  • Stephanie Jones

    Seller's Agent in 2017

    Stephanie Jones

    Kidd & Leavy Real Estate Co. LLC

    (231) 844-4410

    84 in this area

    149 Total Sales

    Stephanie Jones
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Map

Source: Northern Michigan MLS

MLS Number: 452250

Northern Michigan MLS

APN: 52-18-08-210-101

Michigan Emmet County Petoskey 49770

5874 Coastal Cliffs Dr, Petoskey, MI

This home is located at 5874 Coastal Cliffs Dr, Petoskey, MI 49770 since 11 June 2017 and is currently estimated at $2,503,725, approximately $624 per square foot. This property was built in 2017. 5874 Coastal Cliffs Dr 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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