NOT LISTED FOR SALE

604 Bay St Petoskey, MI 49770

Estimated Value: $452,000 - $1,521,347

6 Beds
3.5 Baths
4,650 Sq Ft
$260/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $1,425,000 $306 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $8,229/month

83 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Living Room
  • First Floor Utility Room
  • Thermal Windows
  • 3-minute walk to Pennsylvania Park

About This Home

As of August 2023

Looking for a stunning home in one of Michigan's most desirable locations? Look no further than this fabulous property at 604 Bay in Petoskey! With luxurious finishes, spacious living areas, and breathtaking views of the bay, this is the perfect place to call home. Step inside and you'll be greeted by an open and airy living space that's perfect for entertaining. The gourmet kitchen features top-of-the-line appliances, custom cabinetry, and an oversized island that's perfect for cooking and dining. Adjacent to the kitchen, you'll find a cozy den, dining room and living room with a fireplace and large windows that offer plenty of natural light and stunning views of the bay. Upstairs, the master suite is a true oasis with a spa-like bathroom, walk-in closet. Three additional bedrooms, one with a private balcony overlooking the water and a full bathroom complete the second floor. Outside, you'll find a beautifully landscaped yard with plenty of space for outdoor activities and entertaining. Enjoy the stunning views from the large deck or take a stroll down to the water's edge and enjoy all that Petoskey has to offer. Don't miss your chance to own this incredible home in one of Michigan's most sought-after locations. Contact me today to schedule a tour!

Last Agent to Sell the Property

Jane Fisher

Gaslight Group Properties License #6501333848 Listed on: 05/20/2023

Last Buyer's Agent

Jane Fisher

Gaslight Group Properties License #6501333848 Listed on: 05/20/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,691

Lot Details

  • Sprinkler System
  • Property is zoned reisdential

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 4,650 Sq Ft Home
  • Wood Burning Fireplace
  • Thermal Windows
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Dryer
  • Partial Basement

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Upstairs

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 52-19-05-102-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,691

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 05/24/2023
  • Section: 5
  • Second Address Number: 604
  • Directions: Downtown Petoskey
  • Price per Sq Ft: 306.45
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Built In Microwave, Cable, Central Air, Deck, Dishwasher, Dryer, Garbage Disposal, Range, Refrigerator, Sprinkler System, Wood Fireplace
  • Total Finished Sq Ft: 4650
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Total Rooms: 15
  • Basement: Partial
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Main
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 4650
  • Bathroom 1: On Level: Upper
  • Bathroom 2: On Level: Upper
  • Number Of Bedrooms: 6
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Rooms 1: On Level: Main
  • Rooms 2: On Level: Main
  • Windows: Thermo

Exterior Features

  • Construction: Wood Frame/Site Built
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

  • Garage Carport: Garage-Detached
  • Gar Car Capacity: Two

Utilities

  • Heat Type: Natural Gas
  • Sewer: City
  • Water: City

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Zoning: reisdential

Tax Info

  • Assessor Parcel Number: 52-19-05-102-020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2023
Closed on
Aug 11, 2023
Sold by
Croake Michael and Croake Denise
Bought by
Barnes Scott Alan and Barnes Melinda Kay
Seller's Agent
Jane Fisher
Gaslight Group Properties
Buyer's Agent
Jane Fisher
Gaslight Group Properties
List Price
$1,790,000
Sold Price
$1,425,000
Premium/Discount to List
-$365,000
-20.39%
Views
357
Current Estimated Value
$1,172,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$252,174
Avg. Annual Appreciation
-7.83%

Purchase Details

Closed on
Jan 2, 2015
Sold by
Neumann Richard A and Neumann Meredith J
Bought by
Croake Michael and Croake Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,000
Interest Rate
3.84%
Mortgage Type
Stand Alone First
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
Barnes Scott Alan -- Cislo Title Company
Croake Michael $377,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Croake Michael $305,000
Previous Owner Croake Michael $535,000
Previous Owner Croake Michael $476,250
Previous Owner Croake Michael $75,000
Previous Owner Croake Michael H $507,600
Previous Owner Croake Michael $302,000
Previous Owner Newmann Richard A $68,592
Previous Owner Neumann Richard A $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $1,425,000 -13.6% $306 / Sq Ft
07/18/2023 07/18/23 Price Changed $1,650,000 -7.8% $355 / Sq Ft
05/20/2023 05/20/23 For Sale $1,790,000 -- $385 / 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 $21,691 $455,900 $455,900 $0
2024 $21,691 $411,800 $411,800 $0
2023 $8,674 $364,300 $364,300 $0
2022 $8,674 $315,500 $315,500 $0
2021 $8,441 $296,800 $296,800 $0
2020 $8,534 $245,900 $245,900 $0
2019 -- $233,000 $233,000 $0
2018 -- $248,200 $248,200 $0
2017 -- $249,700 $249,700 $0
2016 -- $249,700 $249,700 $0
2015 -- $200,800 $0 $0
2014 -- $200,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 471111

Northern Michigan MLS

APN: 52-19-05-102-020