NOT LISTED FOR SALE

6518 Lake Grove Rd Petoskey, MI 49770

Estimated Value: $2,955,116

4 Beds
3.5 Baths
5,080 Sq Ft
$582/Sq Ft Est. Value

Last Sold February 13, 2015

Last sale price $2,035,000 $401 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $17,819/month

Highlights

  • 181 Feet of Waterfront
  • Deck
  • Wood Flooring
  • Docks
  • Wood Burning Stove
  • Whirlpool Bathtub

About This Home

As of February 2015

Log home on Walloon's renowned Lake Grove Road. This Maple Leaf custom home is constructed of full red pine logs with handcrafted detail throughout the four-bedroom home. The large great room offers a ceiling high field stone fireplace and Brazilian cherry floors surround the main level. Enjoy a custom kitchen with gourmet appliances, dual oven, butler's pantry and granite counter tops. The home sits on a unique site across the Mackinaw State forest offering unobstructed SSW panoramic views and a beach area

Last Agent to Sell the Property

Brad Rellinger

Harbor Sothebys International Realty Listed on: 05/08/2013

Harbor Sothebys International Realty

Last Buyer's Agent

Brad Rellinger

Harbor Sothebys International Realty Listed on: 05/08/2013

Harbor Sothebys International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,853

Year Built

  • Built in 1992

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 181' x 205'
  • 181 Feet of Waterfront
  • Property is zoned RW1

Home Design

  • Wood Roof
  • Log Siding

Interior Spaces

  • 5,080 Sq Ft Home
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Wood Flooring
  • Water Views
  • Walk-Out Basement
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Docks
  • Deck

Utilities

  • Forced Air Heating System
  • Well
  • Natural Gas Water Heater
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 13-21-02-326-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,853

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1992
  • Measurement Source: Owner
  • Section: 02
  • S E V Yr: $416,100/2014
  • Survey: y
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1992

Interior Features

  • Features: Cable, Deck, Dock, Dryer, Paved Drive, Range, Washer, Whirl Pool, Wood Fireplace, Wood Floors, Wood Stove
  • Total Finished Sq Ft: 5080
  • Master Bedroom: Dimensions: 16' x 26', On Level: Upper
  • Bedroom 2: Dimensions: 14' x 14', On Level: Main
  • Bedroom 3: Dimensions: 12' x 12', On Level: Upper
  • Bedroom 4: Dimensions: 12' x 12', On Level: Upper
  • Total Rooms: 9
  • Basement: Walkout
  • Dining Room: Dimensions: 12' x 12', On Level: Main
  • Kitchen: Dimensions: 13' x 16', On Level: Main
  • Family Room: Dimensions: 24' x 34', On Level: Lower
  • Living Room: Dimensions: 24' x 34', On Level: Main
  • Above Grade Finished Sq Ft: 4600
  • Bathroom 1: Dimensions: 8' x 8', On Level: Main
  • Bathroom 2: Dimensions: 8' x 12', On Level: Upper
  • Number Of Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Pella

Exterior Features

  • Construction: Log
  • Lake: Walloon
  • Roof: Wood Shake
  • Waterfront Frontage: 181
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Private Ownership

Garage/Parking

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

Utilities

  • Heat Type: Forced Air
  • Sewer: Septic
  • Water: Well
  • Water Heater: Natural Gas
  • Well Size Depth: (4') 57'

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 181' x 205'
  • Estimated Number of Acres: 1
  • Lot: y
  • Zoning: RW1

Tax Info

  • Assessor Parcel Number: 13-21-02-326-014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2020
Sold by
Balames Thomas S
Bought by
Balames Lauren
Current Estimated Value
$2,955,116

Purchase Details

Listed on
May 8, 2013
Closed on
Jan 17, 2015
Sold by
Daniel Charles E and Daniel Joan L
Bought by
Indian Garden Associates Llc
Seller's Agent
Brad Rellinger
Harbor Sothebys International Realty
Buyer's Agent
Brad Rellinger
Harbor Sothebys International Realty
List Price
$2,195,000
Sold Price
$2,035,000
Premium/Discount to List
-$160,000
-7.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.54%

Purchase Details

Closed on
Feb 1, 1989
Sold by
Banks Cash
Bought by
Rellinger Rps
Source: Public Records

Range of Values:

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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
Balames Lauren -- --
Indian Garden Associates Llc $25,000 Tacon Title Agency
Rellinger Rps $30,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2015 02/13/15 Sold $2,035,000 -7.3% $401 / Sq Ft
12/23/2014 12/23/14 Pending -- -- --
05/08/2013 05/08/13 For Sale $2,195,000 -- $432 / 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 $27,853 $1,072,100 $1,072,100 $0
2024 $27,853 $1,019,300 $1,019,300 $0
2023 $14,285 $940,300 $940,300 $0
2022 $14,285 $733,600 $733,600 $0
2021 $13,748 $688,700 $688,700 $0
2020 $13,531 $653,800 $653,800 $0
2019 -- $592,900 $592,900 $0
2018 -- $572,700 $572,700 $0
2017 -- $538,100 $538,100 $0
2016 -- $493,500 $493,500 $0
2015 -- $460,000 $0 $0
2014 -- $416,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brad Rellinger

    Seller's Agent in 2015

    Brad Rellinger

    Harbor Sothebys International Realty

    (231) 838-6055

    95 Total Sales

    Brad Rellinger
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Map

Source: Northern Michigan MLS

MLS Number: 437040

Northern Michigan MLS

APN: 13-21-02-326-014

Michigan Emmet County Petoskey 49770

6518 Lake Grove Rd, Petoskey, MI

This home is located at 6518 Lake Grove Rd, Petoskey, MI 49770 since 08 May 2013 and is currently estimated at $2,955,116, approximately $581 per square foot. This property was built in 1992. 6518 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.

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