NOT LISTED FOR SALE

7078 Preserve Dr S Petoskey, MI 49770

Estimated Value: $869,000 - $2,080,819

5 Beds
4.5 Baths
3,800 Sq Ft
$364/Sq Ft Est. Value

Last Sold July 14, 2017

Last sale price $450,000 $118 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $8,935/month

55 Days on Market

Highlights

  • 2.78 Acre Lot
  • Cathedral Ceiling
  • First Floor Utility Room
  • Deck
  • Main Floor Primary Bedroom
  • Wood Frame Window

About This Home

As of July 2017

One of a kind log sided home in beautiful Bay Harbor get in this unique community at an affordable price. Enjoy all that Bay Harbor has to offer from its many activities to the beach including swimming, paddle boarding, sailing (all included), to the restaurants, walking trails, snow shoeing, cross country skiing, and biking. Not to mention the home sits on almost 3 acres with its own pond! Inside the roomy 5 bedroom 4 1/2 bath home is great for entertaining year round with large open great room /kitchen.

Last Agent to Sell the Property

Kimberly Harvey

EXP Realty License #6506039610 Listed on: 04/19/2017

EXP Realty

Last Buyer's Agent

William Winslow

Coldwell Banker Schmidt- Harbor Springs

Coldwell Banker Schmidt- Harbor Springs

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,922

Year Built

  • Built in 1998

Lot Details

  • 2.78 Acre Lot
  • Creek or Stream
  • Sprinkler System

HOA Fees

  • $267 Monthly HOA Fees

Home Design

  • Asphalt Shingled Roof
  • Log Siding

Interior Spaces

  • 3,800 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Wood Frame Window
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Septic System
  • Satellite Dish
  • Cable TV Available

Community Details

  • Bay Harbor Bh Association

Listing and Financial Details

  • Assessor Parcel Number 52-18-07-120-124

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,922

Year Built

Built in 1998

Lot Details

0

HOA Fees

$267 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1998
  • Lvt Date: 04/20/2017
  • Measurement Source: Owner
  • Section: 07
  • Survey: Y
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1998

Interior Features

  • Features: Cable, Cathedral Ceilings, Ceiling Fans, Central Air, Deck, Dishwasher, Dryer, Garbage Disposal, Mini Blinds, Paved Drive, Range, Refrigerator, Satellite Dish, Sprinkler System, Washer, Wood Fireplace, Stream/Creek
  • Total Finished Sq Ft: 3800
  • Master Bedroom: Dimensions: 18 x15, On Level: Main
  • Bedroom 2: Dimensions: 12 x 12, On Level: Upper
  • Bedroom 3: Dimensions: 12 x 12, On Level: Upper
  • Bedroom 4: Dimensions: 15 x 12, On Level: Upper
  • Total Rooms: 13
  • Basement: Full
  • Dining Room: Dimensions: open floor plan, On Level: Main
  • Kitchen: Dimensions: open floor plan, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: open floor plan, On Level: Main
  • Above Grade Finished Sq Ft: 3800
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Upper
  • Number Of Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Rooms 1: Dimensions: bedroom 15 x 12, On Level: Upper
  • Rooms 2: Dimensions: Half bath, On Level: Main
  • Windows: Wood Sash

Exterior Features

  • Construction: Log, Two Story +
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

  • Garage Carport: Garage-Attached
  • Gar Car Capacity: Four +

Utilities

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

Condo/Co-op/Association

  • Association: Bay Harbor BH
  • Association: Yes
  • Fees: 3200
  • Other Association Fees: Yacht club

Schools

  • School District: Petoskey

Lot Info

  • Estimated Number of Acres: 2.78
  • Zoning: residential

Tax Info

  • Assessor Parcel Number: 52-18-07-120-124

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2021
Sold by
Kirkland Scott Edward
Bought by
Yates George Neil and Yates Marie B
Current Estimated Value
$1,325,618

Purchase Details

Closed on
Sep 14, 2018
Sold by
Robert Harvey
Bought by
Kirkland Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.6%

Purchase Details

Listed on
Apr 19, 2017
Closed on
Jul 14, 2017
Sold by
Harvey Robert
Bought by
Kirkland Scott E
Seller's Agent
Kimberly Harvey
EXP Realty
Buyer's Agent
William Winslow
Coldwell Banker Schmidt- Harbor Springs
List Price
$499,000
Sold Price
$450,000
Premium/Discount to List
-$49,000
-9.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.87%
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
Yates George Neil -- --
Kirkland Scott $450,000 --
Kirkland Scott E $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kirkland Scott $200,000
Previous Owner Kirkland Scott --
Previous Owner Kirkland Scott E $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2017 07/14/17 Sold $450,000 -9.8% $118 / Sq Ft
06/13/2017 06/13/17 Pending -- -- --
04/19/2017 04/19/17 For Sale $499,000 -- $131 / 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 $16,922 $524,200 $524,200 $0
2024 $16,922 $492,300 $492,300 $0
2023 $9,141 $435,400 $435,400 $0
2022 $15,408 $291,400 $291,400 $0
2021 $9,141 $276,400 $276,400 $0
2020 $9,241 $257,100 $257,100 $0
2019 -- $276,100 $276,100 $0
2018 -- $276,300 $276,300 $0
2017 -- $237,100 $237,100 $0
2016 -- $218,500 $218,500 $0
2015 -- $202,900 $0 $0
2014 -- $174,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 451354

Northern Michigan MLS

APN: 52-18-07-120-140