NOT LISTED FOR SALE

7554 Preserve Dr N Petoskey, MI 49770

Estimated Value: $84,000 - $383,000

1 Acre
$266,333 Price per Acre
43,560 Sq Ft Lot

Last Sold July 16, 2019

Last sale price $69,000

Est. 285% increase in value since last sale

Current estimated payment $1,987/month

747 Days on Market

Highlights

  • Water Views
  • Landscaped with Trees
  • Gentle Sloping Lot

About This Lot

As of July 2019

Enjoy beautiful views of Lake Michigan from this beautiful building site located in the Preserve of Bay Harbor. Enjoy all of the amenities Bay Harbor has to offer. Measurements believed to be accurate, but not guaranteed, and should be verified by the buyer.

Last Agent to Sell the Property

Patrick Leavy

Kidd & Leavy Real Estate Co. LLC Listed on: 06/15/2017

Last Buyer's Agent

Stephanie Jones

Kidd & Leavy Real Estate Co. LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,465

Lot Details

  • 1 Acre Lot
  • Gentle Sloping Lot
  • Landscaped with Trees
  • Property is zoned PUD

Property Views

  • Water Views

Utilities

  • Septic System
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Bay Harbor Bh Association

Listing and Financial Details

  • Assessor Parcel Number 52-18-07-110-133

Property Details

Property Type

Land

Est. Annual Taxes

$6,465

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Lots/Land
  • Type 2: Lot
  • Section: 7
  • Hd Approved: Y
  • Second Address Number: 7554
  • Directions: 2 miles southwest of Petoskey to Bay Harbor.
  • OFFICELIST_STATE: MI
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Features: Mixed Trees, Natural Gas, Cable TV, City Utilities

Exterior Features

  • Lake: Michigan
  • Waterfront Water Access: Neither
  • Water View: Yes

Utilities

  • Sewer: Septic
  • Water: City

Condo/Co-op/Association

  • Association: Bay Harbor BH
  • Association: Yes

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Estimated Number of Acres: 1
  • Zoning: PUD
  • Number Of Acres: 1 - 2
  • Terrain: Gently Rolling

Tax Info

  • Assessor Parcel Number: 52-18-07-110-133

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2017
Closed on
Jul 25, 2019
Sold by
Reilly Michael J and Reilly Karen M
Bought by
Oelz Andrew and Oelz Rebekah
Seller's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Stephanie Jones
Kidd & Leavy Real Estate Co. LLC
List Price
$245,000
Sold Price
$69,000
Premium/Discount to List
-$176,000
-71.84%
Current Estimated Value
$265,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,667
Avg. Annual Appreciation
24.78%

Purchase Details

Closed on
Dec 1, 1996
Sold by
Reilly M
Bought by
Reilly M and Reilly K

Purchase Details

Closed on
Jul 1, 1996
Sold by
Bay Harbor
Bought by
Reilly Pta
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Oelz Andrew -- Crossroads Title
Reilly M -- --
Reilly Pta $200,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2019 07/16/19 Sold $69,000 0.0% --
06/21/2019 06/21/19 Price Changed $69,000 -71.8% --
06/15/2017 06/15/17 For Sale $245,000 -- --
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 $6,465 $147,900 $147,900 $0
2024 $6,465 $128,600 $128,600 $0
2023 $6,181 $116,900 $116,900 $0
2022 $6,181 $116,900 $116,900 $0
2021 $6,203 $116,900 $116,900 $0
2020 $6,306 $116,900 $116,900 $0
2019 -- $116,900 $116,900 $0
2018 -- $116,900 $116,900 $0
2017 -- $116,900 $116,900 $0
2016 -- $116,900 $116,900 $0
2015 -- $116,900 $0 $0
2014 -- $116,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patrick Leavy

    Seller's Agent in 2019

    Patrick Leavy

    Kidd & Leavy Real Estate Co. LLC

    (231) 838-6700

    183 in this area

    385 Total Sales

    Section Image
  • Stephanie Jones

    Buyer's Agent in 2019

    Stephanie Jones

    Kidd & Leavy Real Estate Co. LLC

    (231) 844-4410

    83 in this area

    151 Total Sales

    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 438534

Northern Michigan MLS

APN: 52-18-07-110-133

Michigan Emmet County Petoskey 49770

7554 Preserve Dr N, Petoskey, MI

This home is located at 7554 Preserve Dr N, Petoskey, MI 49770 since 15 June 2017 and is currently estimated at $266,333. 7554 Preserve Dr N 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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