NOT LISTED FOR SALE

732 Sunset Way Petoskey, MI 49770

Estimated Value: $1,516,930 - $1,637,000

5 Beds
5 Baths
2,887 Sq Ft
$543/Sq Ft Est. Value

Last Sold August 05, 2024

Last sale price $1,400,000 $485 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $9,925/month

111 Days on Market

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 2024

Discover 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.

Last Agent to Sell the Property

Stephanie Jones

Kidd & Leavy Real Estate Co. LLC Listed on: 04/16/2024

Last Buyer's Agent

Stephanie Jones

Kidd & Leavy Real Estate Co. LLC Listed on: 04/16/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,269

Lot Details

  • 3,311

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,269

Lot Details

0

HOA Fees

$252 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 04/16/2024
  • Section: 03
  • Second Address Number: 732
  • Directions: 2 m iles southwest of Petoskey on US 31 to Main Street
  • Price per Sq Ft: 484.93
  • OFFICELIST_STATE: MI
  • Street Designation: Way
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Built In Microwave, Cable, Central Air, Deck, Dishwasher, Garbage Disposal, Gas Fireplace, Mini Blinds, Paved Drive, Range, Refrigerator, Washer, Wood Floors, Paved Road
  • Total Finished Sq Ft: 2887
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Total Rooms: 9
  • Basement: Full
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Upper
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 2887
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Upper
  • Number Of Bedrooms: 5
  • Full Bathrooms: 5
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Vinyl

Exterior Features

  • Construction: Wood Frame/Site Built
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

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: $3027

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Zoning: Residential

Tax Info

  • 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%
Views
80
Current Estimated Value
$1,568,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,643
Avg. Annual Appreciation
10.03%
Original Mortgage
$1,000,000
Outstanding Balance
$988,154
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$580,489

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%

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

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
11.44%

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
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
Bobel Anthony Lawrence -- --
Craig A Stockard T -- Crossroads Title Agency
Stockard Craig A -- Crossroads Title
Lorek Vb24 Inc -- None Available
Zimmerman Loren D -- Crossroads Title
Village Beach 24 Llc -- --
Bay Harbor Village Co Llc $495,000 --
Giant Janitorial Service Inc -- --
Huthwaite Peter J $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bobel Anthony Lawrence $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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 View Prior Sale
05/01/2015 05/01/15 Sold $505,000 -8.0% $175 / Sq Ft View Prior Sale
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 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 $16,269 $703,400 $703,400 $0
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

Agents Affiliated with this Home

  • Stephanie Jones

    Seller's Agent in 2024

    Stephanie Jones

    Kidd & Leavy Real Estate Co. LLC

    (231) 844-4410

    84 in this area

    148 Total Sales

    Stephanie Jones
    Section Image

  • P

    Seller's Agent in 2015

    PAT LEAVY

    MLS NON-MEMBER

  • Jaime Rae Turnbull

    Seller's Agent in 2015

    Jaime Rae Turnbull

    Higbie Maxon Agney Inc

    (313) 886-3400

    36 Total Sales

    Jaime Rae Turnbull
    Section Image

  • S

    Buyer's Agent in 2015

    Stephanie Mullen

    Emmet Association of REALTORS

  • .

    Buyer's Agent in 2015

    . Non Mls Member

    NON MLS Member

See All Agents

Map

Source: Northern Michigan MLS

MLS Number: 473493

Northern Michigan MLS

APN: 52-18-03-410-124

Michigan Emmet County Petoskey 49770

732 Sunset Way, Petoskey, MI

This home is located at 732 Sunset Way, Petoskey, MI 49770 since 16 April 2024 and is currently estimated at $1,568,643, approximately $543 per square foot. 732 Sunset Way is a home located in Emmet County with nearby schools including Petoskey High School and St. Francis Xavier 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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