Seller's Agent in 2023
Wally Kidd
Kidd & Leavy Real Estate Co. LLC
(231) 838-2700
51 in this area
178 Total Sales
7138 Preserve Dr S Petoskey, MI 49770
Estimated Value: $908,000 - $1,508,273
2
Beds
2.5
Baths
2,839
Sq Ft
$378/mo
HOA Fee
Highlights
- Wood Flooring
- 2 Car Attached Garage
- Living Room
- Main Floor Primary Bedroom
- Patio
- Dining Room
About This Home
As of June 2023Beyond the gates in the coveted neighborhood of the Preserve at Bay Harbor sits this eclectic beauty. This true architectural gem boasts remarkable decorative features, and is tucked along the 4th green at the award winning Bay Harbor Preserve Golf Course designed by Arthur Hills. Mature trees on this quiet double lot offers peaceful privacy and an inviting outdoor oasis to take in the scenery. If enjoying the sun from indoors is more your speed, there is no better place to curl up with a good book than the stunning solarium. The home features twin Rumford fireplaces, a unique kitchen with Amana fridge and GE Monogram range, floor to ceiling windows and more! The main entry and dining room create an airy breezeway sure to add to the ambiance of any meal enjoyed around this table. The main floor master bedroom & bath is charming and spacious with a walk-in closet and design details that spark creativity. The upstairs ensuite bedroom is completely surrounded by floor to ceiling windows that make you feel as though you are sleeping amongst the trees. The unique detail and thought that was put into this home shines through not only in the finishes but also in the furnishings, which are being included. The finished basement offers additional living space for visiting guests. A spacious two car garage rounds out the property and offers plenty of room for storage. A short car or gem car ride to the Bay Harbor Yacht Club, Golf Club and Marina District to enjoy the essence of luxury living that is Bay Harbor. Close to McLaren Northern Michigan, the areas leading healthcare system and all the charming towns that create such a draw to this area of Northern Michigan.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $31,067
Year Built
- Built in 2002
HOA Fees
- $378 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Wood Frame Construction
- Asphalt Shingled Roof
Interior Spaces
- 2,839 Sq Ft Home
- Ceiling Fan
- Gas Fireplace
- Insulated Windows
- Family Room Downstairs
- Living Room
- Dining Room
- Second Floor Utility Room
- Wood Flooring
- Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
Laundry
- Dryer
- Washer
Additional Features
- Patio
- Cable TV Available
Community Details
- Bay Harbor Bh Association
Listing and Financial Details
- Assessor Parcel Number 52-18-07-120-157
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 5, 2023
Sold by
Emmet County Treasurer
Bought by
Phillips Terry and Phillips Emily
Current Estimated Value
Purchase Details
Closed on
Mar 1, 2023
Sold by
Phillips Terry
Bought by
Emmet County Treasurer
Purchase Details
Listed on
Oct 10, 2014
Closed on
Apr 25, 2017
Sold by
Louca Kyriacos P and Louca Margaret S
Bought by
Phillips Terry and Phillips Emily
Seller's Agent
Eric Yetter
Harbor Sothebys International Realty
Buyer's Agent
Rachel Bommarito
EXP Realty
List Price
$699,000
Sold Price
$649,000
Premium/Discount to List
-$50,000
-7.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.42%
Original Mortgage
$519,200
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Nov 19, 2007
Sold by
Mcintire Mary K and Mcintire Margaret D
Bought by
Louca Kyriacos and Louca Margaret
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.31%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Phillips Terry | $2,517 | -- | |
| Emmet County Treasurer | $2,517 | -- | |
| Phillips Terry | -- | Attorneys Title Agency Llc | |
| Louca Kyriacos | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Galea Julie M | $500,000 | |
| Previous Owner | Phillips Terry | $519,200 | |
| Previous Owner | Louca Kyriacos | $100,000 | |
| Previous Owner | Louca Kyriacos | $417,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2023 06/30/23 | Sold | $874,000 | +34.7% | $308 / Sq Ft |
| 05/24/2017 05/24/17 | Sold | $649,000 | -7.2% | $229 / Sq Ft |
| 03/27/2017 03/27/17 | Pending | -- | -- | -- |
| 10/10/2014 10/10/14 | For Sale | $699,000 | -- | $246 / Sq Ft |
Source: Northern Michigan MLS
Tax History Compared to Growth
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 | $31,067 | $525,000 | $525,000 | $0 |
| 2024 | $31,067 | $589,800 | $589,800 | $0 |
| 2023 | $8,002 | $521,100 | $521,100 | $0 |
| 2022 | $8,002 | $344,500 | $344,500 | $0 |
| 2021 | $7,788 | $326,000 | $326,000 | $0 |
| 2020 | $7,873 | $293,200 | $293,200 | $0 |
| 2019 | -- | $315,200 | $315,200 | $0 |
| 2018 | -- | $335,500 | $335,500 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Chris Etienne
Harbor Sothebys International Realty
(231) 439-2031
99 in this area
133 Total Sales
-
Seller's Agent in 2017
Eric Yetter
Harbor Sothebys International Realty
(231) 409-8798
44 in this area
48 Total Sales
-
R
Buyer's Agent in 2017
Rachel Bommarito
EXP Realty
(231) 497-4082
2 in this area
7 Total Sales
Map
Source: Northern Michigan MLS
MLS Number: 471422
APN: 52-18-07-120-157
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