NOT LISTED FOR SALE

03652 Cedar Valley Rd Petoskey, MI 49770

Bear Creek Area

Estimated Value: $265,349

2 Beds
1.5 Baths
1,100 Sq Ft
$241/Sq Ft Est. Value

Sale Details

Date Sold: January 11, 2023

Last sale price $188,000 $171 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,732 / mo

3 Days on Market

Highlights

  • 2.3 Acre Lot
  • Wood Burning Stove
  • First Floor Utility Room
  • Deck
  • Main Floor Primary Bedroom
  • Snowmobile Trail

About This Home

As of January 2023

Great opportunity just outside Petoskey. This 2 bedroom home is on over 2 acres and located on Cedar Valley Road between Evergreen Trail and Click Road. Great opportunity with room to grow. The main heat is Forced Air but supplemented by a wood stove that will heat the entire home. This would be an ideal starter home, weekend getaway, or even a rental unit. The Snowmobile Club in Petoskey is a 1/2 Mile south. Close to the River Road Soccer Complex and Click Road Youth Soccer Association. Just minutes from shopping, whether Bear Creek Complex, Downtown Petoskey, and the North Side as well.

Last Agent to Sell the Property

Chris Christensen

Lynda's Real Estate Service Listed on: 12/02/2022

Co-Listed By

Marty Moody

Lynda's Real Estate Service License #6506043488

Last Buyer's Agent

Zac Lejeune

Gaslight Group Properties

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 Details

Home Type

  • Single Family

Lot Details

  • 2.3 Acre Lot
  • Lot Dimensions are 667 x 150
  • Property is zoned EC FF-1

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Frame Window
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Crawl Space
  • Home Security System
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic System

Community Details

  • Snowmobile Trail

Listing and Financial Details

  • Assessor Parcel Number 01-19-22-300-040

Home Details

Home Type

Single Family

Lot Details

2.3 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 12/02/2022
  • Measurement Source: Agent
  • Section: 22
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Ceiling Fans, Central Air, Deck, Paved Drive, Range, Refrigerator, Wood Stove, Near Snowmobile Trails, Security System, Paved Road
  • Total Finished Sq Ft: 1100
  • Master Bedroom: Dimensions: 10'10" x 14' 6", On Level: Main
  • Bedroom 2: Dimensions: 11' 10" x 9' 4", On Level: Main
  • Bedroom 3: Dimensions: 8' 10"x7' 9" (Office/Den), On Level: Main
  • Bedroom 4: On Level: N/A
  • Basement: Crawl
  • Dining Room: Dimensions: 14' 7" x 10' 2", On Level: Main
  • Kitchen: Dimensions: 14' 7" x 9' 5", On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 16' 6" x 12' 4", On Level: Main
  • Above Grade Finished Sq Ft: 1100
  • Bathroom 1: Dimensions: 8' x 9' 1", On Level: Main
  • Bathroom 2: Dimensions: 8' x 4' 11", On Level: Main
  • Number Of Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Wood Sash

Exterior Features

  • Construction: Wood Frame/Site Built
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

  • Garage Carport: Garage-Attached
  • Gar Car Capacity: One and Half

Utilities

  • Heat Type: Forced Air, LP Gas, Wood
  • Sewer: Septic
  • Water: Well
  • Water Heater: Electric
  • Well Size Depth: 5"

Lot Info

  • Estimated Lot Dimensions: 667 x 150
  • Estimated Number of Acres: 2.3
  • Zoning: EC FF-1

Tax Info

  • Assessor Parcel Number: 01-19-22-300-040

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2022
Closed on
Jan 12, 2023
Sold by
Hand James R and Hand Jennifer R
Bought by
Seller's Agent
Chris Christensen
Lynda's Real Estate Service
Buyer's Agent
Zac Lejeune
Gaslight Group Properties
List Price
$199,900
Sold Price
$188,000
Premium/Discount to List
-$11,900
-5.95%
Views
164
Current Estimated Value
$265,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,349
Avg. Annual Appreciation
9.82%
Original Mortgage
$178,600
Outstanding Balance
$170,750
Interest Rate
6.31%
Estimated Equity
$94,599

Purchase Details

Closed on
Feb 10, 2020
Sold by
Hand Louis R
Bought by
Hand Louis R

Purchase Details

Closed on
Dec 9, 1999
Sold by
Oldham Frances
Bought by
Hand Louis R and Hand Elizabeth K
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Petoskey, MI

  • Kimberly Ryan Real Estate Agent - West Edge Real Estate LLC

    Kimberly Ryan

    West Edge Real Estate LLC

    (616) 300-2053

    74 Total Sales

    2 in Bear Creek

    $75,000 Price Range

    Kimberly Ryan
     Section Image
  • Joe Blachy Real Estate Agent - Petoskey Real Estate Group

    Joe Blachy

    Petoskey Real Estate Group

    (231) 715-5138

    105 Total Sales

    14 in Bear Creek

    $49K - $750K Price Range

    Joe Blachy
     Section Image
  • Chris Christensen Real Estate Agent - Lynda's Real Estate Service

    Chris Christensen

    Lynda's Real Estate Service

    (231) 535-9698

    336 Total Sales

    5 in Bear Creek

    $96K - $365K Price Range

    Chris Christensen
     Section Image
  • Shelly Novotny Real Estate Agent - Real Estate One - Charlevoix

    Shelly Novotny

    Real Estate One - Charlevoix

    (231) 244-6564

    62 Total Sales

    1 in Bear Creek

    $90,000 Price

    Shelly Novotny
     Section Image
  • Kristin Clark Real Estate Agent - Gaslight Group Properties

    Kristin Clark

    Gaslight Group Properties

    (517) 246-0934

    33 Total Sales

    1 in Bear Creek

    $125,000 Price

    Kristin Clark
     Section Image
  • Sarah Jones Real Estate Agent - Key Realty One

    Sarah Jones

    Key Realty One

    (760) 253-8063

    92 Total Sales

    4 in Bear Creek

    $275K - $475K Price Range

    Sarah Jones
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$188,000 --
Hand Louis R -- --
Hand Louis R $62,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $178,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/11/2023 01/11/23 Sold $188,000 -6.0% $171 / Sq Ft
12/02/2022 12/02/22 For Sale $199,900 -- $182 / Sq Ft
Source: Northern Michigan MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,812 $138,600 $14,600 $124,000
2025 $2,812 $128,600 $11,800 $116,800
2024 $13 $113,800 $11,800 $102,000
2023 $1,209 $88,500 $88,500 $0
2022 $1,209 $73,100 $73,100 $0
2021 $1,169 $72,200 $72,200 $0
2020 $1,148 $70,500 $70,500 $0
2019 $1,080 $69,700 $69,700 $0
2018 $1,054 $59,400 $59,400 $0
2017 -- $58,700 $58,700 $0
2016 -- $55,300 $55,300 $0
2015 -- $51,500 $0 $0
2014 -- $47,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Christensen Real Estate Agent - Lynda's Real Estate Service

    Seller's Agent in 2023

    Chris Christensen

    Lynda's Real Estate Service

    (231) 675-1144

    336 Total Sales

    Chris Christensen
    Section Image
  • Marty Moody Real Estate Agent - Lynda's Real Estate Service

    Seller Co-Listing Agent in 2023

    Marty Moody

    Lynda's Real Estate Service

    (231) 633-2500

    291 Total Sales

    Marty Moody
    Section Image
  • Zac Lejeune Real Estate Agent - Gaslight Group Properties

    Buyer's Agent in 2023

    Zac Lejeune

    Gaslight Group Properties

    (231) 838-0803

    90 Total Sales

    Zac Lejeune
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 470077

Northern Michigan MLS

APN: 01-19-22-300-040

Michigan Emmet County Petoskey 49770

03652 Cedar Valley Rd, Petoskey, MI

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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