$1,700,000
SOLD AUG 4, 2025

748 Sunset Way Petoskey, MI 49770

5 Beds
5 Baths
3,383 Sq Ft
3,180 Sq Ft Lot

Recently Sold

$503 Per Sq Ft

8% Below List Price

284 Days on Market

Highlights

  • Deck
  • Lower Floor Utility Room
  • Living Room
  • Wood Flooring
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of August 2025

This stunning residence features a desirable open floor plan that seamlessly connects an immaculate kitchen—complete with new cabinets, countertops, backsplash, and appliances—to the dining area and living room, making it perfect for entertaining. The living room boasts a cozy gas fireplace and access to the charming front porch, a perfect spot for enjoying your morning coffee. On the main floor, you'll find a versatile bedroom that can double as an office or playroom. Upstairs, the master suite is a true retreat, boasting a private balcony, spacious walk-in closet, and a luxurious bathroom with a tile shower and soaker tub. Two additional en-suites are upstairs along with new hardwood flooring, ensuring both style and comfort. The lower level offers a large family room that’s currently used as a bunk room, along with a full bath and ample storage space. Since 2021, the home has seen numerous upgrades including fresh interior paint, a newly painted garage, central air conditioning, custom draperies and shades, new wallpaper, updated vanities in three bathrooms, and the wall between the stairs and attached garage was opened up. You’ll enjoy easy access to the Village and Great Lakes Center for the Arts where you can catch a show, dine out at amazing restaurants, stroll through the many boutiques, or partake in community events. The additional fenced-in lot is perfect for kids and small pets to play safely, and the private Swim Club offers a well-equipped fitness center with lockers and shower facilities. Village Beach homes have rental capability through Bay Harbor Company. Don’t miss this incredible opportunity! Furniture is negotiable.

Last Agent to Sell the Property

Patrick Leavy

Kidd & Leavy Real Estate Co. LLC Listed on: 10/24/2024

Last Buyer's Agent

Chris Etienne

Harbor Sothebys International Realty

Harbor Sothebys International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,322

HOA Fees

  • $465 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 3,383 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Wood Flooring
  • Finished Basement
  • 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

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Utilities

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

Additional Features

  • Deck
  • Property is zoned RT PUD-2

Community Details

  • Bay Harbor Bh Association

Listing and Financial Details

  • Assessor Parcel Number 52-18-03-410-126, -127

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,322

Lot Details

0

HOA Fees

$465 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 10/24/2024
  • Section: 3
  • Second Address Number: 748
  • Directions: US 31 to Bay Harbor Drive, Right onto Village Harbor Drive, left onto West Alley
  • Price per Sq Ft: 502.51
  • OFFICELIST_STATE: MI
  • Street Designation: Way
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Built In Microwave, Cable, Central Air, Deck, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace, Paved Drive, Range, Refrigerator, Washer, Wood Floors, Paved Road
  • Total Finished Sq Ft: 3383
  • Master Bedroom: Dimensions: 32x21, On Level: Upper
  • Bedroom 2: Dimensions: 13x13, On Level: Upper
  • Bedroom 3: Dimensions: 12x16, On Level: Upper
  • Bedroom 4: Dimensions: 31x16, On Level: Lower
  • Total Rooms: 10
  • Basement: Full, Finished
  • Dining Room: Dimensions: 13x11, On Level: Main
  • Kitchen: Dimensions: 13x19, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 18x17, On Level: Main
  • Above Grade Finished Sq Ft: 2440
  • Bathroom 1: Dimensions: 13x15, On Level: Upper
  • Bathroom 2: Dimensions: 6x8, On Level: Upper
  • Number Of Bedrooms: 5
  • Full Bathrooms: 5
  • Rooms 1: Dimensions: 13x13 bedroom, On Level: Main
  • Rooms 2: On Level: N/A

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: City
  • Water: City

Condo/Co-op/Association

  • Association: Bay Harbor BH
  • Association: Yes
  • Fees: 5579

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Zoning: RT PUD-2

Tax Info

  • Assessor Parcel Number: 52-18-03-410-126, -127

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2024
Closed on
Aug 4, 2025
Sold by
Sabatino Joan T
Bought by
Iv Cld Properties Llc
Seller's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Chris Etienne
Harbor Sothebys International Realty
List Price
$1,849,000
Sold Price
$1,700,000
Premium/Discount to List
-$149,000
-8.06%
Views
159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-87.31%

Purchase Details

Listed on
Mar 13, 2021
Closed on
May 28, 2021
Sold by
Ray Matthew
Bought by
Sabatino Joan T and Sabatino Thomas J
Seller's Agent
Eric Yetter
Harbor Sothebys International Realty
Buyer's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
List Price
$895,000
Sold Price
$865,000
Premium/Discount to List
-$30,000
-3.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.50%

Purchase Details

Listed on
Jan 6, 2020
Closed on
Mar 12, 2020
Sold by
Franklin Jason C
Bought by
Ray Matthew and Ray Cassandra
Seller's Agent
Chris Etienne
Harbor Sothebys International Realty
Buyer's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
List Price
$665,000
Sold Price
$585,000
Premium/Discount to List
-$80,000
-12.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.16%
Original Mortgage
$424,000
Interest Rate
2.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 21, 2012
Closed on
Feb 11, 2013
Sold by
Dagh Llc
Bought by
Franklin Jason C and Franklin Amy C
Seller's Agent
Chris Etienne
Harbor Sothebys International Realty
Buyer's Agent
John Russell
Kidd & Leavy Real Estate Co. LLC
List Price
$539,000
Sold Price
$499,000
Premium/Discount to List
-$40,000
-7.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.27%
Original Mortgage
$399,200
Interest Rate
3.34%

Purchase Details

Closed on
May 25, 2012
Sold by
Dagh Llc
Bought by
Halvarson Alyson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
3.9%

Purchase Details

Closed on
May 23, 2012
Sold by
Havarson Alyson
Bought by
Dagh Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
3.9%

Purchase Details

Closed on
Mar 3, 2011
Sold by
Halvarson Alyson
Bought by
Dagh Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
4.88%

Purchase Details

Closed on
Nov 23, 2007
Sold by
Halvarson Alyson and Halvarson David
Bought by
Halvarson Alyson and Dagh Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.47%

Purchase Details

Closed on
Nov 8, 2007
Sold by
Ladyhawke Llc
Bought by
Halvarson Alyson and Halvarson David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.47%

Purchase Details

Closed on
Jun 15, 2006
Bought by
Ladyhawke Llc

Purchase Details

Closed on
Jul 17, 2002
Sold by
Merrion David F and Merrion Jean F
Bought by
26 Bay Harbor Village Llc

Purchase Details

Closed on
Jul 17, 2000
Bought by
Merrion David F and Merrion Jean F
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- --
Deed -- --
Warranty Deed $499,000 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Quit Claim Deed -- --
Warranty Deed $247,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $424,000 New Conventional
Previous Owner $399,200 No Value Available
Previous Owner $290,000 No Value Available
Previous Owner $290,000 No Value Available
Previous Owner $153,000 No Value Available
Previous Owner $155,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Sold $1,700,000 -4.2% $503 / Sq Ft
06/17/2025 06/17/25 Price Changed $1,775,000 -4.0% $525 / Sq Ft
10/24/2024 10/24/24 For Sale $1,849,000 +113.8% $547 / Sq Ft
05/28/2021 05/28/21 Sold $865,000 -3.4% $254 / Sq Ft
03/13/2021 03/13/21 For Sale $895,000 +53.0% $263 / Sq Ft
03/13/2020 03/13/20 Sold $585,000 -2.5% $172 / Sq Ft
02/10/2020 02/10/20 Price Changed $599,900 +7.1% $176 / Sq Ft
02/10/2020 02/10/20 Price Changed $559,900 -15.8% $165 / Sq Ft
01/06/2020 01/06/20 For Sale $665,000 +33.3% $196 / Sq Ft
02/15/2013 02/15/13 Sold $499,000 -7.4% $147 / Sq Ft
12/31/2012 12/31/12 Pending -- -- --
02/21/2012 02/21/12 For Sale $539,000 -- $159 / 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 $18,322 $663,200 $663,200 $0
2024 $18,322 $477,900 $477,900 $0
2023 $16,683 $412,600 $412,600 $0
2022 $16,683 $315,500 $315,500 $0
2021 $15,808 $297,900 $297,900 $0
2020 $9,839 $263,000 $263,000 $0
2019 -- $258,700 $258,700 $0
2018 -- $239,200 $239,200 $0
2017 -- $261,500 $261,500 $0
2016 -- $225,100 $225,100 $0
2015 -- $271,100 $0 $0
2014 -- $166,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 475225

Northern Michigan MLS

APN: 52-18-03-410-126