NOT LISTED FOR SALE

8431 Channel Rd Petoskey, MI 49770

Estimated Value: $3,859,098

5 Beds
6 Baths
10,000 Sq Ft
$386/Sq Ft Est. Value

Last Sold April 05, 2016

Last sale price $3,125,000 $312 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $24,069/month

310 Days on Market

Highlights

  • 2,383 Feet of Waterfront
  • Cathedral Ceiling
  • Main Floor Primary Bedroom
  • Docks
  • Pole Barn
  • First Floor Utility Room

About This Home

As of April 2016

This gorgeous 4 bedroom home is located on 15 acres and 2,383 feet of Crooked Lake waterfront. Exceptional finishes throughout including a custom kitchen with granite counter tops, walk-in pantry, Wolfe double ovens, Sub-zero refrigerator and freezer and so much more. Other features include a main floor master suite, hardwood floors, screened in porch, in-floor heat, central air, 5 fireplaces, an outdoor patio entertaining area overlooking the lake and a detached 54x30 barn with a one bedroom apartment.

Last Agent to Sell the Property

Patrick Leavy

Kidd & Leavy Real Estate Co. LLC Listed on: 04/22/2015

Last Buyer's Agent

Patrick Leavy

Kidd & Leavy Real Estate Co. LLC Listed on: 04/22/2015

Home Details

Home Type

  • Single Family

Lot Details

  • 2,383 Feet of Waterfront

Parking

  • 4 Car Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 10,000 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Water Views
  • Crawl Space

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Docks
  • Patio
  • Pole Barn

Utilities

  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 14-17-21-251-009*

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Measurement Source: Owner
  • Personal Prop Inc: Y
  • Section: 32
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Built In Microwave, Cathedral Ceilings, Ceiling Fans, Dishwasher, Dock, Garbage Disposal, Gas Fireplace, Patio, Range, Refrigerator
  • Total Finished Sq Ft: 10000
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Basement: Crawl
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Main
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 10000
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Rooms 1: Dimensions: apartment over barn, On Level: Upper
  • Rooms 2: On Level: Upper
  • Windows: Insulated

Exterior Features

  • Construction: Wood Frame/Site Built
  • Lake: Crooked
  • Roof: Asphalt Shingle
  • Waterfront Frontage: 2,383
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Private Ownership

Garage/Parking

  • Garage Carport: Garage-Attached, Garage-Detached
  • Gar Car Capacity: Four +

Utilities

  • Sewer: Septic
  • Water: Well

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 14-17-21-251-009*

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2016 04/05/16 Sold $3,125,000 -13.2% $313 / Sq Ft
02/26/2016 02/26/16 Pending -- -- --
04/22/2015 04/22/15 For Sale $3,599,000 -- $360 / 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 $45,471 $2,684,900 $2,684,900 $0
2024 $45,471 $2,636,000 $2,636,000 $0
2023 $41,854 $1,892,800 $1,892,800 $0
2022 $41,854 $1,684,200 $1,684,200 $0
2021 $40,516 $1,755,100 $1,755,100 $0
2020 $39,357 $1,684,200 $1,684,200 $0
2019 -- $1,597,800 $1,597,800 $0
2018 -- $1,493,000 $1,493,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Patrick Leavy

    Seller's Agent in 2016

    Patrick Leavy

    Kidd & Leavy Real Estate Co. LLC

    (231) 881-6639

    383 Total Sales

    Patrick Leavy
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Map

Source: Northern Michigan MLS

MLS Number: 444045

Northern Michigan MLS

APN: 14-17-21-200-005

Michigan Emmet County Petoskey 49770

8431 Channel Rd, Petoskey, MI

Not Listed for Sale

Detached

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