NOT LISTED FOR SALE

717 Sunset Way Petoskey, MI 49770

Estimated Value: $1,474,000 - $1,730,671

5 Beds
5.5 Baths
3,520 Sq Ft
$462/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $742,500 $211 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $10,447/month

142 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Wood Frame Window
  • Deck
  • Whirlpool Bathtub
  • 2 Car Attached Garage

About This Home

As of May 2020

Put your vacation in the middle of the action. This contemporary cottage is in the center of Bay Harbor. Stroll to the shops and dining in the village. Walk to swimming and boating. Take in a show at the new Great Lakes Center for the Arts. Put on your flip flops and run down to the beach. The home is so large and comfortable you can bring family and guests with plenty of room for everybody. The 5 bedroom 4 bath home sleeps 12 and was thoughtfully updated 2017. Clean and crisp on the inside, this home also has a water view from the deck. The Village Beach neighborhood is unique to Bay Harbor. When you are not using the cottage yourself, you can place it in the onsite rental management program. These Village Beach cottages are extremely popular rentals and can offset costs. Sold completely furnished. Yacht Club membership is not required.

Last Agent to Sell the Property

Eric Yetter

Harbor Sothebys International Realty Listed on: 11/01/2019

Harbor Sothebys International Realty

Last Buyer's Agent

Non member Emmet

Emmet Association of Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,497

Lot Details

  • 4,269

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 3,520 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Insulated Windows
  • Wood Frame Window
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Wood Flooring
  • Water Views
  • Finished Basement
  • Partial Basement

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Deck
  • Property is zoned PUD

Community Details

  • Bay Harbor Bh Association

Listing and Financial Details

  • Assessor Parcel Number 52-18-03-410-133

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,497

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 11/12/2019
  • Section: 3
  • Second Address Number: 717
  • Directions: 2 miles Southwest of Petoskey on US 31 to Bay Harbor.
  • Price per Sq Ft: 210.94
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Deck, Dishwasher, Dryer, Gas Fireplace, Paved Drive, Range, Refrigerator, Washer, Whirl Pool, Wood Floors
  • Total Finished Sq Ft: 3520
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Total Rooms: 9
  • Basement: Partial, Finished
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Lower
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 2940
  • Bathroom 1: On Level: Upper
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 5
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Wood Sash, Insulated

Exterior Features

  • Construction: Wood Frame/Site Built, Two Story +
  • Lake: Michigan
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither
  • Water View: Yes

Garage/Parking

  • Garage Carport: Garage-Attached
  • Gar Car Capacity: Two

Utilities

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

Condo/Co-op/Association

  • Association: Bay Harbor BH
  • Association: Yes
  • Fees: 2396

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Zoning: PUD

Tax Info

  • Assessor Parcel Number: 52-18-03-410-133

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2019
Closed on
May 28, 2020
Sold by
Selvala Rick
Bought by
Yaklin James J and Yaklin Denise M
Seller's Agent
Eric Yetter
Harbor Sothebys International Realty
Buyer's Agent
Non member Emmet
Emmet Association of Realtors
List Price
$779,000
Sold Price
$742,500
Premium/Discount to List
-$36,500
-4.69%
Current Estimated Value
$1,626,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$883,724
Avg. Annual Appreciation
15.69%

Purchase Details

Listed on
May 4, 2017
Closed on
Jun 2, 2017
Sold by
Ladyhawke Llc
Bought by
Selvala Rick and Selvala Kristin
Seller's Agent
Brad Rellinger
Harbor Sothebys International Realty
Buyer's Agent
Eric Yetter
Harbor Sothebys International Realty
List Price
$749,000
Sold Price
$748,560
Premium/Discount to List
-$440
-0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.27%

Purchase Details

Listed on
Sep 1, 2016
Closed on
Nov 8, 2016
Sold by
Bay Harbor Village Company Llc
Bought by
Adyhawke Llc
Seller's Agent
Logan Ciesielski
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Stephanie Jones
Kidd & Leavy Real Estate Co. LLC
List Price
$749,000
Sold Price
$585,000
Premium/Discount to List
-$164,000
-21.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.87%

Purchase Details

Listed on
Sep 1, 2016
Closed on
Oct 20, 2016
Sold by
Check Robert and Robert Check Trust
Bought by
Bay Harbour Village Company Llc
Seller's Agent
Logan Ciesielski
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Stephanie Jones
Kidd & Leavy Real Estate Co. LLC
List Price
$749,000
Sold Price
$585,000
Premium/Discount to List
-$164,000
-21.9%

Purchase Details

Closed on
Jun 15, 2010
Sold by
Check Robert
Bought by
Check Robert and Robert Check Living Trust

Purchase Details

Closed on
Apr 15, 2002
Bought by
Pearce Harry J and Pearce Katherine B
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
Yaklin James J -- --
Selvala Rick -- Attorneys Title
Adyhawke Llc -- None Available
Bay Harbour Village Company Llc -- Crossroad Title
Check Robert -- --
Pearce Harry J $857,200 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/29/2020 05/29/20 Sold $742,500 -4.7% $211 / Sq Ft
11/01/2019 11/01/19 For Sale $779,000 +4.1% $221 / Sq Ft
06/02/2017 06/02/17 Sold $748,560 -0.1% $213 / Sq Ft View Prior Sale
05/15/2017 05/15/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $749,000 +28.0% $213 / Sq Ft
10/31/2016 10/31/16 Sold $585,000 -21.9% $166 / Sq Ft View Prior Sale
10/11/2016 10/11/16 Pending -- -- --
09/01/2016 09/01/16 For Sale $749,000 -- $213 / 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 $19,497 $723,000 $723,000 $0
2024 $19,497 $521,200 $521,200 $0
2023 $17,752 $450,000 $450,000 $0
2022 $17,752 $344,200 $344,200 $0
2021 $17,246 $325,000 $325,000 $0
2020 $15,471 $286,800 $286,800 $0
2019 -- $282,100 $282,100 $0
2018 -- $296,200 $296,200 $0
2017 -- $324,100 $324,100 $0
2016 -- $278,600 $278,600 $0
2015 -- $336,000 $0 $0
2014 -- $204,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 460792

Northern Michigan MLS

APN: 52-18-03-410-133