NOT LISTED FOR SALE

6314 Bay Ridge Dr Petoskey, MI 49770

Estimated Value: $949,000 - $7,893,000

0.51 Acre
$8,668,627 Price per Acre
22,216 Sq Ft Lot

Last Sold July 02, 2018

Last sale price $625,000

Est. 607% increase in value since last sale

Current estimated payment $32,506/month

221 Days on Market

About This Lot

As of July 2018

Bay Harbor Michigan has been discovered by the world and we are thriving. 131' of clean, clear, freshwater waterfront has become rare. The views from this bluff overlooking Lake Michigan are stunning. Build the home you have been day dreaming about and add it to this spectacular neighborhood.

Last Agent to Sell the Property

Eric Yetter

Harbor Sothebys International Realty Listed on: 11/01/2017

Harbor Sothebys International Realty

Last Buyer's Agent

Lori Jodar

Lori Jodar & Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $97,342

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 131 x 170
  • 131 Feet of Waterfront
  • Property is zoned PUD

HOA Fees

  • $306 Monthly HOA Fees

Additional Features

  • Water Views
  • Underground Utilities

Community Details

  • Bay Harbor Bh Association

Listing and Financial Details

  • Assessor Parcel Number 52-18-05-350-108

Property Details

Property Type

Land

Est. Annual Taxes

$97,342

Lot Details

0

HOA Fees

$306 per month

Listing Details

  • Class: LOTS/LAND
  • Type: Lots/Land
  • Type 2: Lot
  • Lvt Date: 11/01/2017
  • Section: 5
  • Hd Approved: Yes
  • Road Frontage Feet: 131'
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Features: Electric, Natural Gas, Under Ground Utilities, City Utilities, Paved Road

Exterior Features

  • Lake: Michigan
  • Waterfront Frontage: 131
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Private Ownership

Utilities

  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association: Bay Harbor BH
  • Association: Yes
  • Fees: $3669

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 131 x 170
  • Estimated Number of Acres: 0.51
  • Lot: Y
  • Zoning: PUD
  • Number Of Acres: Under 1

Tax Info

  • Assessor Parcel Number: 52-18-05-350-108

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2017
Closed on
Jul 2, 2018
Sold by
Nori John B and Nori Carole
Bought by
Hourani Family Llc
Seller's Agent
Eric Yetter
Harbor Sothebys International Realty
Buyer's Agent
Lori Jodar
Lori Jodar & Company
List Price
$689,000
Sold Price
$625,000
Premium/Discount to List
-$64,000
-9.29%
Current Estimated Value
$4,421,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,796,000
Avg. Annual Appreciation
31.42%
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
Hourani Family Llc $625,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2018 07/02/18 Sold $625,000 -9.3% --
06/10/2018 06/10/18 Pending -- -- --
11/01/2017 11/01/17 For Sale $689,000 -- --
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 $97,342 $2,768,700 $2,768,700 $0
2024 $97,342 $2,546,600 $2,546,600 $0
2023 $88,633 $1,971,800 $1,971,800 $0
2022 $88,633 $1,676,200 $1,676,200 $0
2021 $43,804 $825,500 $825,500 $0
2020 $28,272 $524,100 $524,100 $0
2019 -- $524,100 $524,100 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Yetter

    Seller's Agent in 2018

    Eric Yetter

    Harbor Sothebys International Realty

    (231) 409-8798

    44 in this area

    48 Total Sales

    Eric Yetter
    Section Image
  • Lori Jodar

    Buyer's Agent in 2018

    Lori Jodar

    Lori Jodar & Company

    (231) 330-3499

    41 in this area

    51 Total Sales

    Lori Jodar
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 453641

Northern Michigan MLS

APN: 52-18-05-350-123

Michigan Emmet County Petoskey 49770

6314 Bay Ridge Dr, Petoskey, MI

This home is located at 6314 Bay Ridge Dr, Petoskey, MI 49770 since 01 November 2017 and is currently estimated at $4,421,000. 6314 Bay Ridge 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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