NOT LISTED FOR SALE

1000 Grand Ave Petoskey, MI 49770

Estimated Value: $351,000 - $1,990,783

4 Beds
3 Baths
4,068 Sq Ft
$355/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $2,000,000 $492 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $8,502/month

51 Days on Market

Highlights

  • Spa
  • Deck
  • Wood Flooring
  • 1.9 Acre Lot
  • Cathedral Ceiling
  • Thermal Windows

About This Home

As of May 2024

1000 Grand Ave., Petoskey, MI, is more than just a beautiful address—it is a sanctuary of luxury and comfort. The layout of the residence is thoughtfully designed to maximize both privacy and entertainment. The spacious living areas seamlessly flow into each other, creating an ideal space for hosting gatherings or simply relaxing with loved ones. Whether you choose to unwind in the cozy family room, admire the panoramic views from the elegant formal dining room, or retreat to the private study, every corner of this property exudes sophistication. The heart of the home is undoubtedly the gourmet kitchen. Designed by Kitchens by Dawn White, it is fully equipped with top-of-the-line Thermador appliances, ample counter space, and a center island, creating a chef's dream come true. From preparing elaborate meals to enjoying casual breakfasts, the kitchen is sure to inspire culinary creativity. Wine enthusiasts will appreciate the dedicated wine room at 1000 Grand Ave. This temperature-controlled space is designed to store over 300 bottles and showcase an impressive collection of wines. It adds a touch of sophistication to an already lovely home. The bedrooms at 1000 Grand Ave. offer a peaceful retreat. Each one is generously sized, featuring luxurious bathrooms with in heat flooring and spacious closets. The master suite is a true oasis, complete with a en-suite bathroom, private balcony overlooking the stunning surroundings. Outside, the property continues to impress. The meticulously landscaped gardens and grounds provide a serene and inviting atmosphere. Whether you're lounging in the hot tub, hosting al fresco dinners on the patio, or simply enjoying an evening on the deck with a glass of wine, the outdoor spaces offer endless opportunities for relaxation and enjoyment. Conveniently located near the heart of Petoskey, in the desirable "Pill Hill" neighborhood.

Last Agent to Sell the Property

Jane Fisher

Gaslight Group Properties License #6501333848 Listed on: 04/03/2024

Last Buyer's Agent

Jane Fisher

Gaslight Group Properties License #6501333848 Listed on: 04/03/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,634

Year Built

  • Built in 1960

Lot Details

  • 1.9 Acre Lot

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 4,068 Sq Ft Home
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Thermal Windows
  • Family Room on Second Floor
  • Living Room
  • Dining Room
  • Second Floor Utility Room
  • Wood Flooring

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Shed

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 52-16-32-380-037

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,634

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1960
  • Lvt Date: 04/03/2024
  • Section: 32
  • Second Address Number: 1000
  • Directions: WInter Park to Grand Avenue.
  • Price per Sq Ft: 491.64
  • OFFICELIST_STATE: MI
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Features: Built In Microwave, Cable, Cathedral Ceilings, Central Air, Deck, Dishwasher, Dryer, Garbage Disposal, Hot Tub, Patio, Paved Drive, Refrigerator, Washer, Wood Fireplace, Wood Floors, Paved Road
  • Total Finished Sq Ft: 4068
  • Master Bedroom: On Level: Upper
  • Bedroom 2: Dimensions: 15' x 16.6', On Level: Main
  • Bedroom 3: Dimensions: 11.3' x 11.9', On Level: Upper
  • Bedroom 4: On Level: Main
  • Total Rooms: 8
  • Dining Room: Dimensions: 18.6' x 12.9', On Level: Main
  • Kitchen: Dimensions: 23.1' x 17.4', On Level: Main
  • Family Room: Dimensions: 26.2' x 21.1', On Level: Upper
  • Living Room: Dimensions: 17.7' x 20.1', On Level: Main
  • Above Grade Finished Sq Ft: 4068
  • Bathroom 1: Dimensions: 7.3' x 9.6', On Level: Main
  • Bathroom 2: Dimensions: 8' x 10.5', On Level: Upper
  • Number Of Bedrooms: 4
  • Full Bathrooms: 3
  • Rooms 1: On Level: Main
  • Rooms 2: On Level: Upper
  • Windows: Thermo

Exterior Features

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

Garage/Parking

  • Garage Carport: Garage-Attached
  • Gar Car Capacity: Two

Utilities

  • Heat Type: Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 195ft
  • Estimated Number of Acres: 1.9
  • Lot: Y
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 52-16-32-380-037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
May 23, 2024
Sold by
Murray James J and Murray Patrica C
Bought by
Spielman Lori Nelson
Seller's Agent
Jane Fisher
Gaslight Group Properties
Buyer's Agent
Jane Fisher
Gaslight Group Properties
List Price
$2,495,000
Sold Price
$2,000,000
Premium/Discount to List
-$495,000
-19.84%
Views
67
Current Estimated Value
$1,444,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$555,054
Avg. Annual Appreciation
-21.98%

Purchase Details

Closed on
Jul 25, 2018
Sold by
Murray James J and Murray Patricia C
Bought by
Murray James J and Murray Patricia C

Purchase Details

Closed on
Feb 1, 2018
Sold by
Murray James J and Murray Patricia C
Bought by
Murray James J and Murray Patricia C

Purchase Details

Closed on
Apr 16, 2001
Bought by
Murray James J and Murray Patricia C

Purchase Details

Closed on
Aug 31, 2000
Sold by
Hagey Graham and Hagey Helen
Bought by
Murray James J and Murray Patricia C

Purchase Details

Closed on
Nov 13, 1999
Sold by
Sipperley Keith M and Sipperley Susan I
Bought by
Hagey Graham and Hagey Helen
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Spielman Lori Nelson -- Cislo Title Company
Murray James J -- --
Murray James J -- --
Murray James J -- --
Murray James J $340,000 --
Hagey Graham $322,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murray James J $200,000
Previous Owner Murray James J $487,200
Previous Owner Murray James J $500,000
Previous Owner Murray James J $406,000
Previous Owner Murray James J $438,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $2,000,000 -19.8% $492 / Sq Ft
04/03/2024 04/03/24 For Sale $2,495,000 -- $613 / 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 $9,634 $835,500 $835,500 $0
2024 $9,634 $691,300 $691,300 $0
2023 $8,835 $641,100 $641,100 $0
2022 $8,835 $545,800 $545,800 $0
2021 $8,599 $526,000 $526,000 $0
2020 $8,693 $462,200 $462,200 $0
2019 -- $326,900 $326,900 $0
2018 -- $309,100 $309,100 $0
2017 -- $319,000 $319,000 $0
2016 -- $323,300 $323,300 $0
2015 -- $338,600 $0 $0
2014 -- $338,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Northern Michigan MLS

MLS Number: 473378

Northern Michigan MLS

APN: 52-16-32-380-037