NOT LISTED FOR SALE

7157 Preserve Ct Petoskey, MI 49770

Estimated Value: $876,000 - $3,095,418

4 Beds
4.5 Baths
6,174 Sq Ft
$317/Sq Ft Est. Value

Last Sold September 19, 2022

Last sale price $2,780,000 $450 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $13,217/month

Highlights

  • Cathedral Ceiling
  • Main Floor Primary Bedroom
  • Wood Frame Window
  • Wood Flooring
  • Lower Floor Utility Room
  • 3 Car Attached Garage

About This Home

As of September 2022

In a community featuring some of the most spectacular homes in Michigan, 7157 Preserve stands out as one of the very best! Situated on a spectacular wooded lot, this custom home allows owners the ultimate private oasis. When you're in the home, the views out the windows showcase mature landscaping by Common Ground and the renowned Preserve golf course. The layout of the home is extremely well designed, and the flow makes for very efficient use. The open kitchen and living areas flow beautifully across the home all the way to the main floor owners suite. Constructed by Glennwood Custom Builders, pride of ownership and exquisite craftsmanship are everywhere you look. Home is currently set up as a four bedroom, but some rooms could be easily converted if needed. You could spend all day admiring the woodwork and fine built-ins by Ben Brower at Stillwater Cabinetry. The home is located within the gates of the Bay Harbor Resort. This unique year-round community has some of the best amenities you will find anywhere in the country. Great shopping, golf, Yacht Club, private beach, pool, spa, deep water marina, and dining options make this a incredible destination for everyone! Homes in Bay Harbor are incredibly hard to come by right now. I would encourage any interested buyers to act fast!

Last Agent to Sell the Property

Stephanie Jones

Kidd & Leavy Real Estate Co. LLC Listed on: 08/23/2022

Last Buyer's Agent

Patrick Leavy

Kidd & Leavy Real Estate Co. LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,177

Year Built

  • Built in 2007

Lot Details

  • 1.48 Acre Lot
  • Sprinkler System

HOA Fees

  • $333 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 6,174 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Wood Frame Window
  • Family Room
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Driveway

Outdoor Features

  • Patio

Utilities

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

Community Details

  • Bay Harbor Bh Association

Listing and Financial Details

  • Assessor Parcel Number 52-18-07-120-101

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,177

Year Built

Built in 2007

Lot Details

0

HOA Fees

$333 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2007
  • Lvt Date: 09/20/2022
  • Personal Prop Value: $100,000
  • Section: 7
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2007

Interior Features

  • Features: Cable, Cathedral Ceilings, Ceiling Fans, Central Air, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace, Patio, Paved Drive, Range, Refrigerator, Sprinkler System, Washer, Wood Floors, Paved Road
  • Total Finished Sq Ft: 6174
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Lower
  • Total Rooms: 26
  • Basement: Full, Finished, Poured
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Main
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 4314
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Rooms 1: On Level: Main
  • Rooms 2: 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: Three

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: 4,000

Schools

  • School District: Petoskey

Lot Info

  • Estimated Number of Acres: 1.48
  • Zoning: Res

Tax Info

  • Assessor Parcel Number: 52-18-07-120-101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2022
Closed on
Sep 16, 2022
Sold by
Evans Albert Randall and Evans Denise Rene
Bought by
Kaine Patricia M and Patricia M Kaine Living Trust
Seller's Agent
Stephanie Jones
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
List Price
$2,780,000
Sold Price
$2,780,000
Current Estimated Value
$1,954,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$825,194
Avg. Annual Appreciation
-11.51%

Purchase Details

Closed on
Jan 10, 2022
Sold by
Evans Albert Randall
Bought by
Evans Albert Randall and Evans Denise Rene

Purchase Details

Closed on
May 10, 2006
Sold by
Hodkinson Steven F and Hodkinson Renee
Bought by
Evans Albert Randall and Evans Denise

Purchase Details

Closed on
Oct 1, 1997
Sold by
Bay Harbor Llc
Bought by
Hodkinson
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
Kaine Patricia M -- Crossroads Title
Evans Albert Randall -- --
Evans Albert Randall $290,000 --
Hodkinson $158,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Evans Albert Randall $920,000
Previous Owner Evans A Randall $952,000
Previous Owner Evans A Randall $990,000
Previous Owner Evans A Randall $1,000,000
Previous Owner Evans Albert Randall $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2022 09/19/22 Sold $2,780,000 0.0% $450 / Sq Ft
08/23/2022 08/23/22 Pending -- -- --
08/23/2022 08/23/22 For Sale $2,780,000 -- $450 / 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 $26,177 $570,600 $570,600 $0
2024 $26,177 $536,400 $536,400 $0
2023 $6,660 $473,300 $473,300 $0
2022 $6,660 $307,100 $307,100 $0
2021 $6,481 $289,800 $289,800 $0
2020 $6,553 $262,800 $262,800 $0
2019 -- $283,200 $283,200 $0
2018 -- $284,700 $284,700 $0
2017 -- $241,500 $241,500 $0
2016 -- $221,200 $221,200 $0
2015 -- $203,500 $0 $0
2014 -- $173,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 469587

Northern Michigan MLS

APN: 52-18-07-120-101