732 Sunset Way Petoskey, MI 49770
5
Beds
5
Baths
2,887
Sq Ft
3,311
Sq Ft Lot
Highlights
- Deck
- First Floor Utility Room
- Living Room
- Wood Flooring
- 2 Car Attached Garage
- Forced Air Heating and Cooling System
About This Home
As of August 2024Discover resort living at 732 Sunset Way, nestled in the prestigious Bay Harbor resort community of Village Beach. This exquisite home, boasting 5 bedrooms and 5 bathrooms, offers an unparalleled lifestyle with comfort, elegance, and modern convenience. As you step into this beautiful residence, you'll be greeted by a blend of great design and timeless elegance. The living spaces are bathed in natural light, highlighting the updates that have been thoughtfully implemented throughout the years. The home's layout is designed to cater to both intimate family living and entertaining, with spacious rooms that flow seamlessly into one another. The kitchen is a chef’s delight. The best part is this layout is the kitchen is open to the dining and living areas! The adjacent dining area, overlooking the serene landscape, provides the perfect backdrop for meals. Each of the five bedrooms are a private retreat, with serene views and sumptuous comforts. There is one bedroom on the main floor, three on the second level and an additional bedroom suit on the top floor. The home has an almost 900sqft unfinished basement that is prime for storage or for your own custom finishes. 732 Sunset Way is a short stroll from Bay Harbor's marina, bustling with boating activities. Indulge in upscale shopping, savor gourmet dining, or enjoy performances at the Great Lakes Center for the Arts. The beach on Little Traverse Bay beckons for great views and amazing sunsets. For those with an eye on investment, this home presents a great opportunity as an income-producing rental, with management already handled by Bay Harbor Company. This home is being offered mostly furnished, allowing for an easy transition to your new life of luxury. Home has not been in rental program for over 3 years.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,269
Year Built
- 2004
HOA Fees
- $252 Monthly HOA Fees
Home Design
- Wood Frame Construction
- Asphalt Shingled Roof
Interior Spaces
- 2,887 Sq Ft Home
- Gas Fireplace
- Vinyl Clad Windows
- Blinds
- Family Room on Second Floor
- Living Room
- Dining Room
- First Floor Utility Room
- Washer
- Wood Flooring
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Built-In Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom Upstairs
- 5 Full Bathrooms
Parking
- 2 Car Attached Garage
- Driveway
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Cable TV Available
Community Details
- Bay Harbor Bh Association
Listing and Financial Details
- Assessor Parcel Number 52-18-03-410-124
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 16, 2024
Closed on
Aug 2, 2024
Sold by
Stockard Craig A and The Craig A Stockard Trust
Bought by
Bobel Anthony Lawrence and Bobel Amy
Seller's Agent
Stephanie Jones
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Stephanie Jones
Kidd & Leavy Real Estate Co. LLC
List Price
$1,650,000
Sold Price
$1,400,000
Premium/Discount to List
-$250,000
-15.15%
Total Days on Market
111
Views
80
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,565
Avg. Annual Appreciation
-0.14%
Original Mortgage
$1,000,000
Outstanding Balance
$991,890
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$406,545
Purchase Details
Listed on
Mar 6, 2019
Closed on
Apr 25, 2019
Sold by
Stockard Craig A
Bought by
Craig A Stockard T
Seller's Agent
Stephanie Jones
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Stephanie Jones
Kidd & Leavy Real Estate Co. LLC
List Price
$765,000
Sold Price
$765,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.10%
Original Mortgage
$573,750
Interest Rate
4.88%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Mar 6, 2019
Closed on
Apr 23, 2019
Sold by
Lorek Vb 24 Llc
Bought by
Stockard Craig A
Seller's Agent
Stephanie Jones
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Stephanie Jones
Kidd & Leavy Real Estate Co. LLC
List Price
$765,000
Sold Price
$765,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$573,750
Interest Rate
4.88%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Feb 12, 2016
Sold by
Zimmerman Loren D and Zimmerman Beth L
Bought by
Lorek Vb24 Inc
Purchase Details
Listed on
Apr 27, 2015
Closed on
Apr 30, 2015
Sold by
Village Beach 24 Llc
Bought by
Zimmerman Loren D and Zimmerman Beth L
Seller's Agent
Jaime Rae Turnbull
Higbie Maxon Agney Inc
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$549,000
Sold Price
$505,000
Premium/Discount to List
-$44,000
-8.01%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.67%
Purchase Details
Closed on
Sep 26, 2008
Sold by
Goliath Llc
Bought by
Village Beach 24 Llc
Purchase Details
Closed on
Mar 12, 2003
Sold by
Huthwaite Peter J and Huthwaite Laura
Bought by
Bay Harbor Village Co Llc
Purchase Details
Closed on
Oct 19, 2002
Sold by
Huthwaite Peter J and Huthwaite Laura
Bought by
Giant Janitorial Service Inc
Purchase Details
Closed on
Jul 17, 2000
Bought by
Huthwaite Peter J and Huthwaite Laura
Map
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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 | -- | Crossroads Title Agency | |
| Warranty Deed | -- | Crossroads Title | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | -- | Crossroads Title | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $495,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $300,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,000,000 | New Conventional | |
| Previous Owner | $573,750 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/05/2024 08/05/24 | Sold | $1,400,000 | -9.7% | $485 / Sq Ft |
| 06/14/2024 06/14/24 | Price Changed | $1,550,000 | -6.1% | $537 / Sq Ft |
| 04/16/2024 04/16/24 | For Sale | $1,650,000 | +115.7% | $572 / Sq Ft |
| 04/23/2019 04/23/19 | Sold | $765,000 | 0.0% | $265 / Sq Ft |
| 03/15/2019 03/15/19 | Pending | -- | -- | -- |
| 03/06/2019 03/06/19 | For Sale | $765,000 | +51.5% | $265 / Sq Ft |
| 05/01/2015 05/01/15 | Sold | $505,000 | 0.0% | $175 / Sq Ft |
| 05/01/2015 05/01/15 | Sold | $505,000 | -8.0% | $175 / Sq Ft |
| 04/28/2015 04/28/15 | Pending | -- | -- | -- |
| 04/27/2015 04/27/15 | For Sale | $549,000 | -- | $190 / Sq Ft |
| 04/17/2015 04/17/15 | Pending | -- | -- | -- |
Source: Northern Michigan MLS
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 | $16,269 | $506,700 | $506,700 | $0 |
| 2023 | $14,813 | $437,500 | $437,500 | $0 |
| 2022 | $14,813 | $334,600 | $334,600 | $0 |
| 2021 | $14,390 | $315,900 | $315,900 | $0 |
| 2020 | $14,427 | $278,900 | $278,900 | $0 |
| 2019 | -- | $274,400 | $274,400 | $0 |
| 2018 | -- | $264,300 | $264,300 | $0 |
| 2017 | -- | $289,100 | $289,100 | $0 |
| 2016 | -- | $248,800 | $248,800 | $0 |
| 2015 | -- | $299,700 | $0 | $0 |
| 2014 | -- | $183,600 | $0 | $0 |
Source: Public Records
Source: Northern Michigan MLS
MLS Number: 473493
APN: 52-18-03-410-124
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