715 Homestead Ct Petoskey, MI 49770
4
Beds
3
Baths
4,324
Sq Ft
1.02
Acres
Highlights
- Popular Property
- Deck
- Wood Flooring
- Water Views
- Cathedral Ceiling
- Main Floor Primary Bedroom
About This Home
As of July 2024There’s an area just to the East of Petoskey that Local Families, Retiree's, and Resorters have flocked to in recent years based on lower township taxes, a perfect proximity to the Petoskey's schools/amenities and easy access to the M-119 corridor leading to Harbor Springs, Lake Michigan's Beaches and the vast recreation areas that Northern Michigan is known for. 715 Homestead Court is just 1.5 miles from town and right in the middle of this popular area, but it offers more than its contemporaries in the way of dramatic, unobstructed west facing water views that allow you to watch the sun dance across the open landscape during the day and drop into the clear blue Lake Michigan water at dusk. Add to this an oversized lot with extensive landscaping and a new custom fire pit area, over 4300 square feet of luxurious living space spanning 3 levels, an open concept floor plan with private areas for everyone and for everything, and you have the foundation for enjoyment, convenience and value. Replicating this house and grounds to this level may be double this price, a 2-year plus process and that's only if you can find someone to do it. Nestled in a tranquil neighborhood, this stunning property offers the perfect blend of modern luxury and classic charm. With large rooms, beautiful hardwood floors, and a gourmet kitchen, every detail has been carefully designed for your comfort and style. With 10-foot ceilings in the walk out lower level it's like having two separate homes under one roof yet it all seems cohesive and comfortable and easily retrofit to whatever your needs may be. There is an indoor/outdoor component to both levels made for hosting gatherings on the deck or the hardscape areas on the lawn below, it's the perfect back drop for creating cherished memories with family and friends. So don't miss this rare opportunity and schedule a viewing for your future today. Opportunities at this price with this view have already become a thing of the past.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,836
Year Built
- Built in 2006
Lot Details
- 1.02 Acre Lot
- Lot Dimensions are 268 x 327 x 85 x 200
- Sprinkler System
HOA Fees
- $25 Monthly HOA Fees
Home Design
- Wood Frame Construction
- Asphalt Shingled Roof
Interior Spaces
- 4,324 Sq Ft Home
- Cathedral Ceiling
- Gas Fireplace
- Insulated Windows
- Family Room Downstairs
- Living Room
- Dining Room
- First Floor Utility Room
- Wood Flooring
- Water Views
Kitchen
- Range<<rangeHoodToken>>
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 2 Car Attached Garage
- Driveway
Outdoor Features
- Deck
Utilities
- Central Air
- Heating System Uses Natural Gas
- Well
- Natural Gas Water Heater
- Septic System
Listing and Financial Details
- Assessor Parcel Number 01-16-34-451-107
Community Details
Overview
- Horizon Heights Association
Recreation
- Snowmobile Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 28, 2025
Sold by
Chance Sarah J and Chance Y
Bought by
Chance Sarah J and Casper Anna
Purchase Details
Listed on
Feb 9, 2024
Closed on
Jul 19, 2024
Sold by
Guthrie Jason and Guthrie Sherry
Bought by
Chance Sarah J
Seller's Agent
Michael MacCarthy
Gaslight Group Properties
Buyer's Agent
David Shuman
Bay North Realty Co.
List Price
$949,000
Sold Price
$898,000
Premium/Discount to List
-$51,000
-5.37%
Views
241
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.69%
Original Mortgage
$718,400
Interest Rate
6.1%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 23, 2012
Closed on
Apr 19, 2013
Sold by
Schaller Patrick K
Bought by
Guthrie Jason and Guthrie Sherry
Seller's Agent
Michael MacCarthy
Gaslight Group Properties
Buyer's Agent
David Shuman
Bay North Realty Co.
List Price
$499,900
Sold Price
$442,500
Premium/Discount to List
-$57,400
-11.48%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.49%
Original Mortgage
$398,250
Interest Rate
3.51%
Purchase Details
Closed on
Feb 18, 2011
Sold by
Schaller Patrick K
Bought by
Schaller Patrick K and Patrick K Schaller Trust Dated May 15, 2
Purchase Details
Closed on
Feb 27, 2007
Sold by
Konopka David A and Garcia Misela
Bought by
Schaller Patrick K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
8.37%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Nov 7, 2005
Bought by
Konopka David A and Garcia Misela
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | $898,000 | Talon Title Agency | |
| Warranty Deed | $442,500 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $550,000 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $69,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $718,400 | New Conventional | |
| Previous Owner | $71,500 | Credit Line Revolving | |
| Previous Owner | $398,250 | No Value Available | |
| Previous Owner | $440,000 | Stand Alone First |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/25/2025 06/25/25 | For Sale | $1,300,000 | +44.8% | $296 / Sq Ft |
| 07/19/2024 07/19/24 | Sold | $898,000 | -2.8% | $208 / Sq Ft |
| 05/07/2024 05/07/24 | Price Changed | $924,000 | -2.6% | $214 / Sq Ft |
| 02/09/2024 02/09/24 | For Sale | $949,000 | +114.5% | $219 / Sq Ft |
| 04/19/2013 04/19/13 | Sold | $442,500 | -11.5% | $105 / Sq Ft |
| 03/12/2013 03/12/13 | Pending | -- | -- | -- |
| 03/23/2012 03/23/12 | For Sale | $499,900 | -- | $119 / 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 |
|---|---|---|---|---|
| 2024 | $5,836 | $415,200 | $415,200 | $0 |
| 2023 | $5,320 | $361,800 | $361,800 | $0 |
| 2022 | $5,320 | $325,900 | $325,900 | $0 |
| 2021 | $5,146 | $308,300 | $308,300 | $0 |
| 2020 | $5,052 | $294,900 | $294,900 | $0 |
| 2019 | $4,753 | $292,300 | $292,300 | $0 |
| 2018 | $4,640 | $264,000 | $264,000 | $0 |
| 2017 | -- | $261,600 | $261,600 | $0 |
| 2016 | -- | $240,900 | $240,900 | $0 |
| 2015 | -- | $216,000 | $0 | $0 |
| 2014 | -- | $186,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Stephanie Jones
Seller's Agent in 2025
Stephanie Jones
Kidd & Leavy Real Estate Co. LLC
(231) 844-4410
156 Total Sales
-
Michael MacCarthy
Seller's Agent in 2024
Michael MacCarthy
Gaslight Group Properties
(231) 838-7700
194 Total Sales
-
David Shuman
Buyer's Agent in 2024
David Shuman
Bay North Realty Co.
(231) 622-3235
165 Total Sales
Map
Source: Northern Michigan MLS
MLS Number: 473060
APN: 01-16-34-451-107
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