NOT LISTED FOR SALE

615 Lakeside Cottage #15 Bay Harbor, MI 49770

Estimated Value: $465,000 - $797,370

3 Beds
2.5 Baths
1,790 Sq Ft
$653/mo HOA Fee

Last Sold October 05, 2018

Last sale price $315,000 $176 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $4,937/month

Highlights

  • Water Views
  • Main Floor Primary Bedroom
  • Living Room
  • Private Pool
  • Patio
  • Forced Air Heating System

About This Home

As of October 2018

Lakeside Cottages provide a stunning anchor to the Bay Harbor Community. This professionally decorated and furnished, three-bedroom cottage offers 1790 square feet of living space, a generous porch for those Northern MI sunsets, a fully-equipped kitchen, fireplace and accommodations for 12 persons; making it ideal for families, entertaining and extended stays. Stroll the streets of the Village of Bay Harbor, take in a performance at the Great Lakes Center for the Arts, dine in elegance or casual comfort or shop at one of several boutique stores in The Village. Ownership offers access to all Inn at Bay Harbor amenities including The Beach Club, The Spa, world travel in the Boyne Vacation Club and a Social Membership to the Country Club of Boyne. Rental Management in place. Strong rental income available upon request. Buyer must honor booked reservations.

Last Agent to Sell the Property

Connie Lenau

Harbor Sothebys International Realty Listed on: 07/01/2018

Harbor Sothebys International Realty

Last Buyer's Agent

Jill Hintz

Berkshire Hathaway HomeServices Michigan Real Estate - Petoskey

Berkshire Hathaway HomeServices Michigan Real Estate - Petoskey

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,584

Year Built

  • Built in 2002

HOA Fees

  • $653 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,790 Sq Ft Home
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Water Views
  • Range
  • Washer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Private Pool
  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Bay Harbor Bh Association

Listing and Financial Details

  • Assessor Parcel Number 52-18-02-315-115

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,584

Year Built

Built in 2002

Lot Details

0

HOA Fees

$653 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2002
  • Lvt Date: 07/01/2018
  • Section: 2
  • S E V Yr: 168,300 / 2018
  • Second Address Number: 615
  • Directions: 2 miles southwest of Petoskey on US 31 to Bay Harbor
  • Price per Sq Ft: 175.98
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2002

Interior Features

  • Features: Gas Fireplace, Patio, Paved Drive, Pool, Range, Refrigerator, Washer
  • Total Finished Sq Ft: 1790
  • Master Bedroom: Dimensions: 14 x 14, On Level: Main
  • Bedroom 2: Dimensions: 14 x 18, On Level: Main
  • Bedroom 3: Dimensions: 11 x 16, On Level: Main
  • Bedroom 4: On Level: N/A
  • Total Rooms: 6
  • Dining Room: Dimensions: 8 x 8, On Level: Main
  • Kitchen: Dimensions: 9 x 11, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 17 x 18, On Level: Main
  • Above Grade Finished Sq Ft: 1790
  • Bathroom 1: Dimensions: 7 x 14, On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A

Exterior Features

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

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: City
  • Water: City
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: Bay Harbor BH
  • Association: Yes
  • Condo Unit Number: 15
  • Condo: Yes
  • Fees: 1958

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Zoning: PUD

Tax Info

  • Assessor Parcel Number: 52-18-02-315-115

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2018
Closed on
Oct 5, 2018
Sold by
Loder Brian and Doler Deborah
Bought by
Arvoy Jeffrey and Arvoy Susan
Seller's Agent
Connie Lenau
Harbor Sothebys International Realty
Buyer's Agent
Jill Hintz
Berkshire Hathaway HomeServices Michigan Real Estate - Petoskey
List Price
$350,000
Sold Price
$315,000
Premium/Discount to List
-$35,000
-10%
Current Estimated Value
$660,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345,093
Avg. Annual Appreciation
11.25%
Original Mortgage
$236,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
May 9, 2012
Sold by
Vidic Thomas and Vidic Joan
Bought by
Loder Brian and Loder Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.89%

Purchase Details

Closed on
Sep 1, 2004
Bought by
Vidic Thomas and Vidic Joan
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
Arvoy Jeffrey $315,000 --
Loder Brian -- --
Vidic Thomas $315,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arvoy Jeffrey $230,000
Closed Arvoy Jeffrey $236,000
Previous Owner Loder Brian $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2018 10/05/18 Sold $315,000 -10.0% $176 / Sq Ft
07/01/2018 07/01/18 For Sale $350,000 -- $196 / 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 $8,584 $291,900 $291,900 $0
2024 $8,584 $241,300 $241,300 $0
2023 $8,207 $155,200 $155,200 $0
2022 $8,207 $155,200 $155,200 $0
2021 $8,288 $156,200 $156,200 $0
2020 $9,440 $175,000 $175,000 $0
2019 -- $184,600 $184,600 $0
2018 -- $168,300 $168,300 $0
2017 -- $181,400 $181,400 $0
2016 -- $179,000 $179,000 $0
2015 -- $176,000 $0 $0
2014 -- $137,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 455829

Northern Michigan MLS

APN: 52-18-02-315-115