NOT LISTED FOR SALE

7348 Preserve Dr S Petoskey, MI 49770

Estimated Value: $966,000 - $2,081,218

5 Beds
3.5 Baths
3,800 Sq Ft
$369/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $839,000 $221 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $9,174/month

2 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • First Floor Utility Room
  • Cathedral Ceiling
  • Main Floor Primary Bedroom
  • Wood Frame Window

About This Home

As of November 2021

Lovely and comfortable. This 3,800 square foot home is ideal as a full-time family residence. But with five bedrooms and three full baths, it could also be your Up-North getaway with room for family and guests. The property is wooded and private with golf course views. The acre and half lot gives the feeling of a home nestled right into the forest. The kitchen was renovated in 2020 – a chef’s dream. Main floor owner’s suite. New hardwood floors and a walkout lower level. Two bedrooms up and two bedrooms down, home office and a backyard hardscaped fire pit. This one checks all the boxes. Include the two-car attached garage, beautiful landscaping and a dog run. Located in the gated and vibrant Bay Harbor community with all its amenities makes this a great buy.

Last Agent to Sell the Property

Eric Yetter

Harbor Sothebys International Realty Listed on: 09/20/2021

Harbor Sothebys International Realty

Last Buyer's Agent

Patrick Leavy

Kidd & Leavy Real Estate Co. LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,673

Year Built

  • Built in 1999

Lot Details

  • 1.5 Acre Lot
  • Lot Dimensions are 290' x 188'
  • Property is zoned PUD

HOA Fees

  • $324 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 3,800 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Wood Frame Window
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio

Utilities

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

Community Details

  • Bay Harbor Bh Association

Listing and Financial Details

  • Assessor Parcel Number 52-18-07-120-159

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,673

Year Built

Built in 1999

Lot Details

0

HOA Fees

$324 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1999
  • Lvt Date: 09/20/2021
  • Section: 7
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Features: Built In Microwave, Cable, Cathedral Ceilings, Ceiling Fans, Central Air, Deck, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace, Patio, Paved Drive, Range, Refrigerator, Washer, Wood Floors, Paved Road
  • Total Finished Sq Ft: 3800
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Lower
  • Total Rooms: 14
  • Basement: Full, Walkout, 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: 2900
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Upper
  • Number Of Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Wood Sash

Exterior Features

  • Construction: Wood Frame/Site Built, Two Story +
  • 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: Septic
  • Water: City
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Association: Bay Harbor BH
  • Association: Yes
  • Fees: $3883

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 290' x 188'
  • Estimated Number of Acres: 1.5
  • Lot: Y
  • Zoning: PUD

Tax Info

  • Assessor Parcel Number: 52-18-07-120-159

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
Nov 5, 2021
Sold by
Bonfiglio Joseph
Bought by
Good Sons Llc
Seller's Agent
Eric Yetter
Harbor Sothebys International Realty
Buyer's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
List Price
$839,000
Sold Price
$839,000
Current Estimated Value
$1,362,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$523,741
Avg. Annual Appreciation
14.59%
Original Mortgage
$671,200
Outstanding Balance
$615,549
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$786,256

Purchase Details

Listed on
Sep 20, 2021
Closed on
Oct 25, 2021
Sold by
Lee Joseph P
Bought by
Bonfiglio Carl J and Bonfiglio Meghan E
Seller's Agent
Eric Yetter
Harbor Sothebys International Realty
Buyer's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
List Price
$839,000
Sold Price
$839,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$671,200
Outstanding Balance
$615,549
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$786,256

Purchase Details

Listed on
Sep 7, 2016
Closed on
May 16, 2017
Sold by
7348 Preserve Drive Llc
Bought by
Lee Joseph P and Lee Sandra E
Seller's Agent
Michael MacCarthy
Gaslight Group Properties
Buyer's Agent
Eric Yetter
Harbor Sothebys International Realty
List Price
$499,900
Sold Price
$415,000
Premium/Discount to List
-$84,900
-16.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.06%

Purchase Details

Listed on
Apr 1, 2015
Closed on
Aug 31, 2015
Sold by
Jennifer A Bailey Trust
Bought by
7384 Preserve Dr Llc
Seller's Agent
Chris Etienne
Harbor Sothebys International Realty
Buyer's Agent
Michael MacCarthy
Gaslight Group Properties
List Price
$417,000
Sold Price
$350,000
Premium/Discount to List
-$67,000
-16.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.47%

Purchase Details

Closed on
Nov 23, 2010
Sold by
Cotter Ii Murray A and Bailey Jennifer A
Bought by
Baily Jennifer A and Jennifer A Bailey Living Trust Dated Nov

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
3.6%

Purchase Details

Closed on
Feb 19, 2009
Sold by
Jpmorgan Chase Bank Na
Bought by
Cotter Ii Murray A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,000
Interest Rate
5.2%

Purchase Details

Closed on
Jan 3, 2008
Sold by
Watts Tl
Bought by
Washington Mutual Bank Fa
Source: Public Records

Range of Values:

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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
Good Sons Llc -- --
Bonfiglio Carl J -- --
Lee Joseph P -- Attorneys Title Agency Llc
7384 Preserve Dr Llc -- Devon Title Agency
Baily Jennifer A -- --
Cotter Ii Murray A $350,000 --
Jpmorgan Chase Bank Na -- --
Washington Mutual Bank Fa $575,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonfiglio Carl J $671,200
Previous Owner Lee Joseph P $472,000
Previous Owner Cotter Ii Murray A $410,000
Previous Owner Cotter Ii Murray A $412,500
Previous Owner Cotter Ii Murray A $349,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $839,000 0.0% $221 / Sq Ft
09/20/2021 09/20/21 For Sale $839,000 +102.2% $221 / Sq Ft
05/17/2017 05/17/17 Sold $415,000 -17.0% $109 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
09/07/2016 09/07/16 For Sale $499,900 +42.8% $132 / Sq Ft
09/01/2015 09/01/15 Sold $350,000 -16.1% $92 / Sq Ft
08/10/2015 08/10/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $417,000 -- $110 / 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 $16,673 $532,700 $532,700 $0
2024 $16,673 $501,300 $501,300 $0
2023 $15,181 $442,700 $442,700 $0
2022 $15,181 $287,100 $287,100 $0
2021 $9,148 $271,200 $271,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Yetter

    Seller's Agent in 2021

    Eric Yetter

    Harbor Sothebys International Realty

    (231) 409-8798

    44 in this area

    48 Total Sales

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  • Patrick Leavy

    Buyer's Agent in 2021

    Patrick Leavy

    Kidd & Leavy Real Estate Co. LLC

    (231) 838-6700

    185 in this area

    389 Total Sales

    Section Image
  • Michael MacCarthy

    Seller's Agent in 2017

    Michael MacCarthy

    Gaslight Group Properties

    (231) 838-7700

    69 in this area

    192 Total Sales

    Section Image
  • Chris Etienne

    Seller's Agent in 2015

    Chris Etienne

    Harbor Sothebys International Realty

    (231) 439-2031

    99 in this area

    133 Total Sales

    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 466559

Northern Michigan MLS

APN: 52-18-07-120-159

Michigan Emmet County Petoskey 49770

7348 Preserve Dr S, Petoskey, MI

This home is located at 7348 Preserve Dr S, Petoskey, MI 49770 since 20 September 2021 and is currently estimated at $1,401,805, approximately $368 per square foot. This property was built in 1999. 7348 Preserve Dr S 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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