NOT LISTED FOR SALE

860 W Bear River Rd Petoskey, MI 49770

Estimated Value: $1,986,000 - $2,817,705

4 Beds
2.5 Baths
2,400 Sq Ft
$1,041/Sq Ft Est. Value

Last Sold August 07, 2014

Last sale price $1,200,000 $500 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $15,471/month

16 Days on Market

Highlights

  • Waterfront
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Main Floor Bedroom
  • Living Room
  • Dining Room

About This Home

As of August 2014

Located just a short walk to the Walloon Lake Country Club, is this charming, completely renovated, four bedroom cottage. Features include; wood burning fireplace, new kitchen with granite counter tops, hardwood floors, cathedral ceiling, main floor Master Suite, large lawn, extensive professional landscaping, private dock, and 158' of Walloon Lake waterfront. Priced to sell and offered fully furnished.

Last Agent to Sell the Property

PAT LEAVY

MLS NON-MEMBER Listed on: 07/01/2014

Last Buyer's Agent

Patrick Leavy

Emmet Association of REALTORS

Home Details

Home Type

  • Single Family

Lot Details

  • Lot Dimensions are 158x288
  • Waterfront

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom

Utilities

  • Forced Air Heating System
  • Well
  • Septic System

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Above Grade Finished Sq Ft: 2400.00
  • Home Age: Unknown
  • Directions: US 131 to right to Bear River Rd.
  • Garage Yn: Yes
  • Lot Size: 158x288
  • Open House Office I D: 20130417185953641030000000
  • Prop. Type: Residential
  • Bedroom 1 Level: 1st
  • Bedroom 2 Level: Upper
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • OFFICELIST_STATE: MI
  • Building Style: 2+ Story
  • Total Bedrooms: 4
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foreclosure: No
  • Lower Floor 1 Half Bathrooms: 1
  • Bedroom 3 Level: Upper
  • Bedroom 4 Level: upper
  • Family Room Level: 1st
  • Total Bathrooms: 3.00
  • Basement Type: Residential Water

Exterior Features

  • Exterior Construction: Frame
  • Exterior: Wood
  • Foundation: Crawl
  • Road: Paved
  • Waterfront: Yes

Garage/Parking

  • Garage Stall: 2
  • Garage Type: Detached/UN

Utilities

  • Heating Air: Forced Air
  • Sewer: Septic
  • Hot Water: Well

Schools

  • School District: Petoskey
  • Elem School Dist Number: 860

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2014
Sold by
Smith Daniel B and Smith Diana L
Bought by
Diana Smith Trust Dated 3/08
Current Estimated Value
$2,498,568

Purchase Details

Closed on
Apr 16, 1998
Bought by
Hegener John and Warner Jane
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Diana Smith Trust Dated 3/08 -- --
Hegener John $491,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2014 08/07/14 Sold $1,200,000 -- $500 / Sq Ft
07/17/2014 07/17/14 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 $30,433 $1,106,200 $1,106,200 $0
2024 $289 $906,700 $906,700 $0
2023 $27,685 $783,400 $783,400 $0
2022 $27,685 $736,400 $736,400 $0
2021 $26,790 $717,900 $717,900 $0
2020 $26,350 $692,300 $692,300 $0
2019 $24,674 $678,700 $678,700 $0
2018 $24,331 $615,100 $615,100 $0
2017 -- $617,700 $617,700 $0
2016 -- $588,300 $588,300 $0
2015 -- $569,900 $0 $0
2014 -- $563,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2014

    PAT LEAVY

    MLS NON-MEMBER

  • P

    Buyer's Agent in 2014

    Patrick Leavy

    Emmet Association of REALTORS

See All Agents

Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 291763

Water Wonderland Board of REALTORS®

APN: 01-19-31-476-001

Michigan Emmet County Petoskey 49770

860 W Bear River Rd, Petoskey, MI

Not Listed for Sale

Detached

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