NOT LISTED FOR SALE

7254 Preserve Dr N Unit 23 Petoskey, MI 49770

Estimated Value: $868,000 - $4,132,229

4 Beds
5 Baths
6,757 Sq Ft
$445/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $3,200,000 $474 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $19,593/month

809 Days on Market

Highlights

  • 150 Feet of Waterfront
  • Cathedral Ceiling
  • Main Floor Primary Bedroom
  • Deck
  • Wood Flooring
  • Lower Floor Utility Room

About This Home

As of August 2021

Introducing Bay Harbor’s most exciting residential home! Enjoy spectacular Lake Michigan views from this stunning new four-bedroom home. It is situated on a beautiful lot with 150 feet of frontage on Lake Michigan. Savor the absolutely stunning sunsets from your expansive balcony. This Frederick Ball–designed cottage makes incredible use of space to ensure you and your guests are comfortable. It features custom finishes throughout, including vaulted ceilings, a chef’s kitchen, and a walkout basement. Located in the exclusive Preserve at Bay Harbor, close to Bay Harbor Yacht Club, shopping, golf, marina, dining, and the new Great Lakes Center for the Arts. This home is immediately available and ready for memories to be made in it!

Last Agent to Sell the Property

Stephanie Jones

Kidd & Leavy Real Estate Co. LLC Listed on: 05/21/2019

Last Buyer's Agent

Stephanie Jones

Kidd & Leavy Real Estate Co. LLC Listed on: 05/21/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,844

Year Built

  • Built in 2019

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 6,757 Sq Ft Home
  • Cathedral Ceiling
  • Gas Fireplace
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Wood Flooring
  • Water Views

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Attached Garage
  • Driveway

Utilities

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

Additional Features

  • Deck
  • 150 Feet of Waterfront

Community Details

  • Bay Harbor Bh Association

Listing and Financial Details

  • Assessor Parcel Number 52-18-07-110-123

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,844

Year Built

Built in 2019

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2019
  • Lvt Date: 05/21/2019
  • Measurement Source: Builder
  • Section: 7
  • Survey: Y
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2019

Interior Features

  • Features: Built In Microwave, Cable, Cathedral Ceilings, Central Air, Deck, Dishwasher, Garbage Disposal, Gas Fireplace, Paved Drive, Range, Refrigerator, Wood Floors
  • Total Finished Sq Ft: 6757
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Lower
  • Bedroom 3: On Level: Lower
  • Bedroom 4: On Level: Lower
  • Total Rooms: 15
  • Basement: Full, Walkout
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Lower
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 3107
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Rooms 1: On Level: Main
  • Rooms 2: On Level: Main

Exterior Features

  • Construction: Wood Frame/Site Built
  • Lake: Michigan
  • Roof: Asphalt Shingle
  • Waterfront Frontage: 150
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Private Ownership

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: 3600

Schools

  • School District: Petoskey

Lot Info

  • Zoning: res

Tax Info

  • Assessor Parcel Number: 52-18-07-110-123

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2019
Closed on
Aug 19, 2021
Sold by
Peninsula Drive Properties Llc
Bought by
Bears Place Nc Llc
Seller's Agent
Stephanie Jones
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Stephanie Jones
Kidd & Leavy Real Estate Co. LLC
List Price
$3,675,000
Sold Price
$3,200,000
Premium/Discount to List
-$475,000
-12.93%
Current Estimated Value
$3,007,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$192,257
Avg. Annual Appreciation
-2.20%

Purchase Details

Closed on
Jun 7, 2008
Sold by
Karmanos Jason and Karmanos Nicodemus
Bought by
Peninsula Drive Props Llc

Purchase Details

Closed on
Aug 1, 1997
Bought by
Karmanos Pta
Source: Public Records

Range of Values:

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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
Bears Place Nc Llc -- --
Peninsula Drive Props Llc -- --
Karmanos Pta $560,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $3,200,000 -6.5% $474 / Sq Ft
08/07/2021 08/07/21 Price Changed $3,424,000 -2.1% $507 / Sq Ft
06/15/2021 06/15/21 Price Changed $3,499,000 -2.1% $518 / Sq Ft
05/05/2021 05/05/21 Price Changed $3,575,000 -2.1% $529 / Sq Ft
08/31/2020 08/31/20 Price Changed $3,650,000 -2.0% $540 / Sq Ft
11/02/2019 11/02/19 Price Changed $3,725,000 +1.4% $551 / Sq Ft
05/21/2019 05/21/19 For Sale $3,675,000 -- $544 / 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 $34,844 $1,125,500 $1,125,500 $0
2024 $34,844 $1,027,600 $1,027,600 $0
2023 $31,726 $917,500 $917,500 $0
2022 $31,726 $600,000 $600,000 $0
2021 $29,127 $579,000 $579,000 $0
2020 $21,238 $393,700 $393,700 $0
2019 -- $242,600 $242,600 $0
2018 -- $279,300 $279,300 $0
2017 -- $279,300 $279,300 $0
2016 -- $279,300 $279,300 $0
2015 -- $279,300 $0 $0
2014 -- $279,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Jones

    Seller's Agent in 2021

    Stephanie Jones

    Kidd & Leavy Real Estate Co. LLC

    (231) 844-4410

    82 in this area

    149 Total Sales

    Stephanie Jones
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Map

Source: Northern Michigan MLS

MLS Number: 458664

Northern Michigan MLS

APN: 52-18-07-110-123

Michigan Emmet County Petoskey 49770

7254 Preserve Dr N Unit 23, Petoskey, MI

This home is located at 7254 Preserve Dr N Unit 23, Petoskey, MI 49770 since 21 May 2019 and is currently estimated at $3,007,743, approximately $445 per square foot. This property was built in 2019. 7254 Preserve Dr N Unit 23 is a home located in Emmet County with nearby schools including Petoskey High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Michigan MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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