NOT LISTED FOR SALE

7078 Preserve Dr S Petoskey, MI 49770

Petoskey Area

Estimated Value: $1,553,166

5 Beds
4.5 Baths
3,800 Sq Ft
$409/Sq Ft Est. Value

Sale Details

Date Sold: April 12, 2021

Last sale price $861,000 $227 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $10,393 / mo

17 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Wood Frame Window
  • Cathedral Ceiling
  • First Floor Utility Room
  • 4 Car Attached Garage

About This Home

As of April 2021

Bay Harbor Preserve custom Town & Country cedar home. 3300 square feet of luxury including a brand new spacious kitchen. A golfers dream location surrounded by golf tees and fairways yet encompassed by mature hardwoods for ultimate privacy. Attached Six car garage for boats and toys, with three of the bays offering heat and drains. Private guest quarters overlooking ponds and fountains. Very rare 3 acre estate size lot in the middle of all that Bay Harbor has to offer. Bay Harbor is an exclusive resort community in Northern Michigan. It features award winning golf, newly renovated Yacht Club, marina, shopping, and the amazing Great Lakes Center for the Arts.

Last Agent to Sell the Property

Jeff Wellman

@properties Christie's International Real Estate - Petoskey Listed on: 02/12/2021

@properties Christie's International Real Estate - Petoskey

Last Buyer's Agent

David Shuman

Bay North Realty Co.

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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • Creek or Stream
  • Sprinkler System

HOA Fees

  • $429 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

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

Kitchen

  • Range
  • Built-In Microwave
  • 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 52-18-07-120-140

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0 Sq Ft Lot

HOA Fees

$429 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1998
  • Lvt Date: 02/14/2021
  • Section: 07
  • Second Address Number: 7078
  • Directions: On US 31, 2 miles Southwest of Petoskey to Bay Harbor Preserve gate. Left at stop sign first house on the right.
  • OFFICELIST_STATE: MI
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1998

Interior Features

  • Features: Built In Microwave, Cable, Cathedral Ceilings, Ceiling Fans, Central Air, Deck, Dishwasher, Dryer, Garbage Disposal, Paved Drive, Range, Refrigerator, Satellite Dish, Sprinkler System, Washer, Wood Fireplace, Stream/Creek, Paved Road
  • Total Finished Sq Ft: 3800
  • Master Bedroom: Dimensions: 18 x 15, 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
  • 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: 3318
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Upper
  • Number Of Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Rooms 1: Dimensions: 15 x 12 bedroom, On Level: Upper
  • Rooms 2: Dimensions: half bath, On Level: Main
  • Windows: Wood Sash

Exterior Features

  • Construction: Wood Frame/Site Built, 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: 5150
  • Other Association Fees: Yacht Club

Schools

  • School District: Petoskey

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 52-18-07-120-140

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
Apr 9, 2021
Sold by
Bought by
Seller's Agent
Jeff Wellman
@properties Christie's International Real Estate - Petoskey
Buyer's Agent
David Shuman
Bay North Realty Co.
List Price
$850,000
Sold Price
$861,000
Premium/Discount to List
$11,000
1.29%
Current Estimated Value
$1,553,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$692,166
Avg. Annual Appreciation
11.70%

Purchase Details

Closed on
Sep 14, 2018
Sold by
Bought by

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
Bought by
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
14.63%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Petoskey, MI

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$450,000 --
$450,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $200,000
Previous Owner $200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2021 04/12/21 Sold $861,000 +1.3% $227 / Sq Ft
02/12/2021 02/12/21 For Sale $850,000 +88.9% $224 / Sq Ft
07/14/2017 07/14/17 Sold $450,000 -9.8% $118 / Sq Ft View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $16,922 $418,700 $418,700 $0
2025 $16,922 $524,200 $524,200 $0
2024 $161 $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

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Map

Source: Northern Michigan MLS

MLS Number: 464291

Northern Michigan MLS

APN: 52-18-07-120-140

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