NOT LISTED FOR SALE

725 Sunset Way Unit 34 Petoskey, MI 49770

Estimated Value: $514,000 - $2,139,000

4 Beds
4.5 Baths
3,360 Sq Ft
$179/mo HOA Fee

Last Sold January 20, 2022

Last sale price $800,000 $238 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $10,211/month

4 Days on Market

Highlights

  • Water Views
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • First Floor Utility Room
  • Living Room
  • Dining Room

About This Home

As of January 2022

Located in the heart of Bay Harbors marina district this home offers all the amenities within walking distance. Beaches , Shopping , Dinning , boat docks , and championship golf just to name a few. Granite counter tops hard wood floor and all high end appliances and finishes give this home the feel of luxury that your looking for. Included with this home is an extra Village beach Lot that allows you to build an extra garage with guest quarters.

Last Listed By

Logan Ciesielski

Kidd & Leavy Real Estate Co. LLC Listed on: 01/03/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,932

Lot Details

  • Sprinkler System

HOA Fees

  • $179 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 3,360 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Dryer
  • Water Views
  • Finished Basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs

Parking

  • 2 Car Attached Garage
  • Driveway

Utilities

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

Community Details

  • Bay Harbor Bh Association

Listing and Financial Details

  • Assessor Parcel Number 52-18-03-410-134

Property Details

Home Type

Condominium

Est. Annual Taxes

$23,932

Lot Details

0

HOA Fees

$179 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 01/20/2022
  • Measurement Source: Builder
  • Section: 3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Features: Ceiling Fans, Central Air, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace, Paved Drive, Sprinkler System
  • Total Finished Sq Ft: 3360
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Total Rooms: 11
  • Basement: Finished
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Main
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 2636
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Upper
  • Number Of Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Rooms 1: On Level: Main
  • Rooms 2: On Level: Main
  • Windows: Andersen

Exterior Features

  • Construction: Wood Frame/Site Built
  • Lake: Michigan
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither
  • Water View: Y

Garage/Parking

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

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: City
  • Water: City
  • Water Heater: Gas, 40 Gal

Condo/Co-op/Association

  • Association: Bay Harbor BH
  • Association: Yes
  • Condo Unit Number: 34 / 45
  • Condo: Yes
  • Fees: $2150

Schools

  • School District: Petoskey

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 52-18-03-410-134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2022
Sold by
Kmmc Company Llc
Bought by
Manitou Holdings Group Llc
Total Days on Market
4
Current Estimated Value
$1,442,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$690,309
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$495,910

Purchase Details

Listed on
Jan 3, 2022
Closed on
Jan 18, 2022
Sold by
Recchia Robert
Bought by
Kmmc Company Llc
Seller's Agent
Logan Ciesielski
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Eric Yetter
Harbor Sothebys International Realty
List Price
$800,000
Sold Price
$800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.56%

Purchase Details

Closed on
Jan 31, 2008
Sold by
Andresen Richard C and Andresen Madeline
Bought by
Doezema Alan C and Doezema Linda J

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
6.11%

Range of Values:

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Average Value
Not Available
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
Manitou Holdings Group Llc -- Talon Title Agency
Kmmc Company Llc -- --
Doezema Alan C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manitou Holdings Group Llc $750,000
Previous Owner Doezema Alan C $394,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2022 01/20/22 Sold $800,000 0.0% $238 / Sq Ft
01/07/2022 01/07/22 Pending -- -- --
01/03/2022 01/03/22 For Sale $800,000 -- $238 / 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
2024 $23,932 $500,900 $500,900 $0
2023 $14,245 $432,700 $432,700 $0
2022 $14,245 $330,500 $330,500 $0
2021 $13,839 $312,600 $312,600 $0
2020 $13,874 $276,900 $276,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 467260

Northern Michigan MLS

APN: 52-18-03-410-169