NOT LISTED FOR SALE

7478 Preserve Dr S Petoskey, MI 49770

Estimated Value: $1,413,000 - $2,488,157

0 Acre
-- Price per Acre
0 Sq Ft Lot

Last Sold August 18, 2020

Last sale price $505,000 $78 Per Sq Ft

Est. 324% increase in value since last sale

Current estimated payment $12,579/month

6 Days on Market

Highlights

  • Golf Course Community
  • Main Floor Primary Bedroom
  • 3 Car Attached Garage
  • Wood Flooring
  • Victorian Architecture
  • Walk-In Closet

About This Lot

As of August 2020

Fantastic 4 bedroom Victorian-style home in Bay Harbor! This home overlooks the 4th and 5th holes of the prestigious Preserve Golf Course. The floor to ceiling windows highlight the amazing nature views surrounding the property. The home has ample space allowing you to design and customize the lower level to fit your needs.

Last Agent to Sell the Property

Geno D'Angelo

The Geno D'Angelo Group License #6502419715 Listed on: 07/14/2020

Last Buyer's Agent

Geno D'angelo

Real Broker LLC - Petoskey License #6502419715

Real Broker LLC - Petoskey

Property Details

Property Type

  • Land

Home Design

  • Victorian Architecture
  • Frame Construction
  • Shingle Siding

Interior Spaces

  • 6,500 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Parking

  • 3 Car Attached Garage
  • Driveway

Utilities

  • Forced Air Heating System
  • Municipal Utilities District for Water and Sewer

Additional Features

  • Lot Dimensions are 270 x 157
  • Property is near a golf course

Listing and Financial Details

  • Assessor Parcel Number 52-18-07-120-111
  • Tax Block 8

Community Details

Overview

  • T34n R6w Subdivision

Recreation

  • Golf Course Community

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Directions: Take US-31 S/Charlevoix Ave to Bay Harbor entrance. Drive to Preserve Dr S.
  • Garage Yn: Yes
  • Lot Size: 270 X 157
  • Prop. Type: Residential
  • Bedroom 1 Level: 1st
  • Bedroom 2 Level: 2nd
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • PropertySubType: Residential Lot
  • Road Frontage Type: None
  • ResoLaundryFeatures: Main Level
  • Road Surface Type: Paved
  • NAV29_Unit_1_Appliances: Range/Oven, Refrigerator, Microwave, Dishwasher
  • Co List Office Phone: 231-487-6141
  • MLS Status: Closed
  • Subdivision Name: T34N R6W
  • Above Grade Finished Sq Ft: 4300.0
  • Architectural Style: Victorian
  • Reso Fireplace Features: Gas
  • Contract Information:Short Sale: No
  • Property Information Waterfront: No
  • General Property Information Lot Size Dimensions: 270 X 157
  • Property Information Total Bathrooms2: 4.0
  • Property Information:Style2: Victorian
  • Property Information Construction: Frame
  • Foundation Basement2: Yes
  • Basement Specifics Full: Yes
  • Appliances Equipmt Ceiling Fan: Yes
  • Appliances Equipmt Dishwasher2: Yes
  • Appliances Equipmt Microwave2: Yes
  • Appliances Equipmt RangeOven: Yes
  • HeatingAir Forced Air3: Yes
  • Laundry Main Level: Yes
  • HeatingAir Natural Gas4: Yes
  • Water Municipal3: Yes
  • Sewer Municipal4: Yes
  • Special Features: 1028
  • Property Sub Type: LotsLands

Interior Features

  • Has Basement: Full
  • Interior Amenities: Ceiling Fan, Walk-In Closet(s), 1st Flr Master Bdrm
  • Bedroom 3 Level: 2nd
  • Bedroom 4 Level: 2nd
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Features Walk - In Closet: Yes
  • Interior Features 1st Flr Master Bdrm: Yes
  • Interior Features:Gas Fireplace: Yes
  • Interior Features:Hardwood Floors: Yes

Exterior Features

  • Exterior Features: Golf Course, Paved Driveways
  • Waterfront: No
  • Construction Type: Shingles
  • Foundation Details: Basement
  • Exterior Shingles: Yes
  • Exterior Features Paved Driveways: Yes
  • Exterior Features Golf Course: Yes

Garage/Parking

  • Property Information:Garage Stall2: 3
  • Property Information:Garage Type2: Attached/UN

Utilities

  • Sewer: Municipal
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes

Schools

  • Junior High Dist: Petoskey

Lot Info

  • Parcel Number: 52-18-07-120-111

Tax Info

  • Tax Block: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2022
Sold by
Redevelopers Ltd
Bought by
Dewood Andrea S Trust
Current Estimated Value
$2,142,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Outstanding Balance
$1,015,238
Interest Rate
3.22%
Mortgage Type
Cash
Estimated Equity
$1,127,551

Purchase Details

Closed on
Nov 25, 2020
Sold by
Dewood Matthew
Bought by
Redevelopers Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 14, 2020
Closed on
Aug 10, 2020
Sold by
United Bridge Capital Llc
Bought by
Dewood Matthew and Dewood Andrea
Seller's Agent
Geno D'Angelo
The Geno D'Angelo Group
Buyer's Agent
Geno D'angelo
Real Broker LLC - Petoskey
Sold Price
$505,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.28%

Purchase Details

Closed on
Feb 20, 2019
Sold by
Asset Investors Vineyard
Bought by
United Bridge Capital Llc

Purchase Details

Closed on
Nov 16, 2015
Sold by
Reynolds Tessa
Bought by
Asset Investors Vineyard Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
3.8%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 31, 2009
Sold by
Bac Home Loans Servicing Lp
Bought by
Reynolds Tessa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.29%

Purchase Details

Closed on
Sep 18, 2008
Sold by
Watts Tl
Bought by
Countrywide Bank Fsb

Purchase Details

Closed on
Dec 27, 2004
Sold by
Isles Marvin L and Isles Susan K
Bought by
Wilder Mark

Purchase Details

Closed on
Nov 8, 1999
Sold by
Emeda Gary
Bought by
Isles Marvin L and Isles Susan K

Purchase Details

Closed on
Jul 10, 1998
Bought by
Emeda Gary
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
Dewood Andrea S Trust -- --
Redevelopers Ltd -- --
Dewood Matthew $505,000 --
United Bridge Capital Llc $780,000 --
Asset Investors Vineyard Llc -- Attorneys Title Agency Llc
Reynolds Tessa $500,000 --
Countrywide Bank Fsb $595,000 --
Wilder Mark $1,000,000 --
Isles Marvin L $345,000 --
Emeda Gary $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dewood Andrea S Trust $1,100,000
Previous Owner Redevelopers Ltd $650,000
Previous Owner Asset Investors Vineyard Llc $780,000
Previous Owner Reynolds Tessa $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2020 08/18/20 Sold $505,000 -- $78 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
Source: Water Wonderland Board of REALTORS®

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 $15,699 $808,900 $808,900 $0
2024 $15,699 $760,800 $760,800 $0
2023 $14,295 $671,200 $671,200 $0
2022 $14,295 $433,900 $433,900 $0
2021 $13,887 $409,300 $409,300 $0
2020 $13,923 $371,800 $371,800 $0
2019 -- $400,800 $400,800 $0
2018 -- $405,500 $405,500 $0
2017 -- $454,500 $454,500 $0
2016 -- $445,300 $445,300 $0
2015 -- $434,100 $0 $0
2014 -- $246,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    Geno D'Angelo

    The Geno D'Angelo Group

See All Agents

Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 324901

Water Wonderland Board of REALTORS®

APN: 52-18-07-120-111

Michigan Emmet County Petoskey 49770

7478 Preserve Dr S, Petoskey, MI

Not Listed for Sale

Lots

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