NOT LISTED FOR SALE

7374 Preserve Dr N Petoskey, MI 49770

Estimated Value: $867,000 - $1,058,711

1 Acre
$962,856 Price per Acre
43,560 Sq Ft Lot

Last Sold November 07, 2023

Last sale price $875,000

Est. 10% increase in value since last sale

Current estimated payment $7,181/month

About This Lot

As of November 2023

Located in Bay Harbor’s Preserve neighborhood with 150 feet of Lake Michigan frontage, this lot has breathtaking sunsets all summer long while being close to world class golf, the award winning Bay Harbor Yacht Club, endless shopping, dining, and year round festivities. Close proximity to Petoskey, Charlevoix, and Boyne City allow you to enjoy all the quaint northern Michigan towns with a short drive.

Last Agent to Sell the Property

Patrick Leavy

Kidd & Leavy Real Estate Co. LLC Listed on: 11/07/2023

Last Buyer's Agent

Patrick Leavy

Kidd & Leavy Real Estate Co. LLC Listed on: 11/07/2023

Property Details

Property Type

  • Land

Lot Details

  • 1 Acre Lot
  • 150 Feet of Waterfront
  • Level Lot
  • Property is zoned RT PUD-2

HOA Fees

  • $378 Monthly HOA Fees

Property Views

  • Water Views

Utilities

  • Underground Utilities
  • Septic Needed

Community Details

  • Bay Harbor Bh Association

Listing and Financial Details

  • Assessor Parcel Number 52-18-07-110-127

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$378 per month

Listing Details

  • Class: LOTS/LAND
  • Type: Lots/Land
  • Type 2: Lot
  • Lvt Date: 11/07/2023
  • Section: 7
  • Hd Approved: Y
  • Second Address Number: 7374
  • Directions: US 31 to Preserve gate.
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Features: Under Ground Utilities, City Utilities

Exterior Features

  • Lake: Michigan
  • Waterfront Frontage: 150
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Private Ownership

Utilities

  • Sewer: Septic Needed
  • Water: City

Condo/Co-op/Association

  • Association: Bay Harbor BH
  • Association: Yes
  • Fees: 4,541

Schools

  • School District: Petoskey

Lot Info

  • Estimated Number of Acres: 1
  • Zoning: RT PUD-2
  • Number Of Acres: Under 1
  • Terrain: Slow Slope, Flat

Tax Info

  • Assessor Parcel Number: 52-18-07-110-127

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2003
Bought by
Doneth David P
Current Estimated Value
$962,856

Purchase Details

Closed on
Dec 13, 1999
Bought by
Nicholson Raymond J Jr Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Doneth David P $1,000,000 --
Nicholson Raymond J Jr Trust -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2023 11/07/23 Sold $875,000 -- --
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 $20,859 $730,900 $730,900 $0
2024 $20,859 $396,000 $396,000 $0
2023 $12,823 $360,000 $360,000 $0
2022 $12,823 $242,500 $242,500 $0
2021 $12,868 $242,500 $242,500 $0
2020 $13,081 $242,500 $242,500 $0
2019 -- $242,500 $242,500 $0
2018 -- $279,200 $279,200 $0
2017 -- $279,200 $279,200 $0
2016 -- $279,200 $279,200 $0
2015 -- $279,200 $0 $0
2014 -- $279,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 472631

Northern Michigan MLS

APN: 52-18-07-110-127