NOT LISTED FOR SALE

6278 Lake Grove Rd Petoskey, MI 49770

Estimated Value: $2,849,666 - $4,109,000

4 Beds
3 Baths
2,452 Sq Ft
$1,419/Sq Ft Est. Value

Last Sold June 01, 2018

Last sale price $1,950,000 $795 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $22,989/month

Highlights

  • 166 Feet of Waterfront
  • Second Garage
  • First Floor Utility Room
  • Docks
  • Main Floor Primary Bedroom
  • 2 Car Garage

About This Home

As of June 2018

Immaculate home located in the heart of the "sweet spot" on Lake Grove Road. 166 feet of sandy Walloon Lake frontage connects this flat level lot to the lake. Main home features 4 bedrooms, 3 baths, a quiet location, and gorgeous gardens all maintained with an obvious attention to detail. Comfortable 3 bedroom, 2 bath guest home across the street and furnishings are available to buyer for additional cost. Both homes are in turnkey condition with updates throughout making this a rare find on Walloon Lake!

Last Agent to Sell the Property

Wally Kidd

Kidd & Leavy Real Estate Co. LLC Listed on: 06/29/2017

Last Buyer's Agent

Brad Rellinger

Harbor Sothebys International Realty

Harbor Sothebys International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,622

Lot Details

  • 0.49

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,452 Sq Ft Home
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Water Views
  • Crawl Space

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Second Garage
  • Driveway

Utilities

  • Hot Water Baseboard Heater
  • Well
  • Septic System

Additional Features

  • Docks
  • 166 Feet of Waterfront

Listing and Financial Details

  • Assessor Parcel Number 13-21-02-326-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,622

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 06/29/2017
  • Measurement Source: Owner
  • Personal Prop Inc: Y
  • Section: 2
  • Survey: Y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dishwasher, Dock, Dryer, Garbage Disposal, Paved Drive, Range, Refrigerator, Washer, Wood Fireplace
  • Total Finished Sq Ft: 2452
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: Main
  • Total Rooms: 8
  • Basement: Crawl, Slab
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Main
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 2452
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 4
  • Full Bathrooms: 3
  • Rooms 1: On Level: Main
  • Rooms 2: On Level: Main

Exterior Features

  • Construction: Wood Frame/Site Built
  • Lake: Walloon
  • Roof: Asphalt Shingle
  • Waterfront Frontage: 166.3
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Private Ownership

Garage/Parking

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

Utilities

  • Heat Type: Hot Water Baseboard
  • Sewer: Septic
  • Water: Well

Schools

  • School District: Petoskey

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 13-21-02-326-005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2017
Closed on
May 24, 2018
Sold by
John O&M Jo Jay Lt
Bought by
Colleran Dennis I and Colleran Cynthia H
Seller's Agent
Wally Kidd
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Brad Rellinger
Harbor Sothebys International Realty
List Price
$1,950,000
Sold Price
$1,950,000
Current Estimated Value
$3,479,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,529,333
Avg. Annual Appreciation
8.22%

Purchase Details

Closed on
Apr 6, 2017
Sold by
Jay John O and Jay Mary Jo
Bought by
John O And Mary Jo Jay Trust

Purchase Details

Closed on
Sep 22, 2006
Bought by
Jay John O & Mary Jo Trust

Purchase Details

Closed on
Dec 1, 1993
Bought by
Jay Per Gmt
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
Colleran Dennis I $1,900,000 --
John O And Mary Jo Jay Trust -- None Available
Jay John O & Mary Jo Trust -- --
Jay Per Gmt $452,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2018 06/01/18 Sold $1,950,000 0.0% $795 / Sq Ft
03/09/2018 03/09/18 Pending -- -- --
06/29/2017 06/29/17 For Sale $1,950,000 -- $795 / 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 $53,622 $1,688,000 $1,688,000 $0
2024 $53,622 $1,576,000 $1,576,000 $0
2023 $36,924 $1,419,300 $1,419,300 $0
2022 $36,924 $1,181,000 $1,181,000 $0
2021 $36,924 $958,500 $958,500 $0
2020 $36,924 $928,100 $928,100 $0
2019 -- $881,400 $881,400 $0
2018 -- $794,400 $794,400 $0
2017 -- $764,900 $764,900 $0
2016 -- $720,600 $720,600 $0
2015 -- $655,700 $0 $0
2014 -- $615,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wally Kidd

    Seller's Agent in 2018

    Wally Kidd

    Kidd & Leavy Real Estate Co. LLC

    (231) 838-2700

    171 Total Sales

    Wally Kidd
    Section Image
  • Brad Rellinger

    Buyer's Agent in 2018

    Brad Rellinger

    Harbor Sothebys International Realty

    (231) 838-6055

    98 Total Sales

    Brad Rellinger
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 452446

Northern Michigan MLS

APN: 13-21-02-326-005

Michigan Emmet County Petoskey 49770

6278 Lake Grove Rd, Petoskey, MI

This home is located at 6278 Lake Grove Rd, Petoskey, MI 49770 since 29 June 2017 and is currently estimated at $3,479,333, approximately $1,418 per square foot. 6278 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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