NOT LISTED FOR SALE

1005 E Mitchell St Petoskey, MI 49770

Estimated Value: $1,619,000 - $2,762,666

7 Beds
4.5 Baths
6,500 Sq Ft
$353/Sq Ft Est. Value

Last Sold July 01, 2015

Last sale price $637,500 $98 Per Sq Ft

Est. 260% increase in value since last sale

Current estimated payment $13,193/month

Highlights

  • Wood Flooring
  • 3 Car Attached Garage
  • Patio
  • First Floor Utility Room
  • Brick or Stone Mason
  • Living Room

About This Home

As of July 2015

Landmark Petoskey home with a stellar downtown location on a corner lot. Unsurpassed quality, high ceilings, rounded doorways, gourmet kitchen with large butlers pantry, hardwood floors, three fireplaces two with gas logs and one with a gas insert, extraordinary historic details, three car garage, gorgeous master suite with floor to ceiling Carrera Marble bath. A converted bedroom is now a large walk-in closet. Second master suite located on the third level and elevator discreetly serving all 3 floors.

Last Agent to Sell the Property

Shylo Kline

Gaslight Group Properties License #6501381838 Listed on: 07/01/2015

Last Buyer's Agent

Shylo Kline

Gaslight Group Properties License #6501381838 Listed on: 07/01/2015

Home Details

Home Type

  • Single Family

Lot Details

  • 0.44

Home Design

  • Brick or Stone Mason
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 6,500 Sq Ft Home
  • Elevator
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 52-19-05-200-015

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Section: 5
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Cable, Ceiling Fans, Dishwasher, Dryer, Garbage Disposal, Patio, Paved Drive, Range, Refrigerator, Washer, Wood Fireplace, Wood Floors, Elevator
  • Total Finished Sq Ft: 6500
  • Master Bedroom: Dimensions: 26 x 17, On Level: Upper
  • Bedroom 2: Dimensions: 19 x 15, On Level: Upper
  • Bedroom 3: Dimensions: 17 x 14, On Level: Upper
  • Bedroom 4: Dimensions: 10.7 x 15, On Level: Upper
  • Basement: Full
  • Dining Room: Dimensions: 15.7 x 21, On Level: Main
  • Kitchen: Dimensions: 14 x 29, On Level: Main
  • Family Room: Dimensions: 12 x 15, On Level: Main
  • Living Room: Dimensions: 16.6 x 33.6, On Level: Main
  • Above Grade Finished Sq Ft: 6500
  • Bathroom 1: Dimensions: full-4, On Level: Upper
  • Bathroom 2: Dimensions: half, On Level: Main
  • Number Of Bedrooms: 7
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Rooms 1: Dimensions: 12 x 12, On Level: Upper
  • Rooms 2: Dimensions: 11.6 x 13, On Level: Upper

Exterior Features

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

Garage/Parking

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

Utilities

  • Heat Type: Natural Gas, Hot Water Baseboard
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 52-19-05-200-015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2015
Closed on
Jul 1, 2015
Sold by
Kline Christopher and Kline Shylo
Bought by
Thomas William H and Thomas Elizabeth A
Seller's Agent
Shylo Kline
Gaslight Group Properties
Buyer's Agent
Shylo Kline
Gaslight Group Properties
List Price
$637,500
Sold Price
$637,500
Current Estimated Value
$2,294,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,657,417
Avg. Annual Appreciation
13.00%
Original Mortgage
$500,000
Outstanding Balance
$389,461
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,905,456

Purchase Details

Listed on
Jul 12, 2012
Closed on
Aug 15, 2012
Sold by
Berakovich Erik and Berakovich Trisha L
Bought by
Kline Christopher and Kline Shylo
Seller's Agent
C.T. Shuman
Real Estate One
Buyer's Agent
Michael MacCarthy
Gaslight Group Properties
List Price
$625,000
Sold Price
$557,500
Premium/Discount to List
-$67,500
-10.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%

Purchase Details

Closed on
Nov 17, 2008
Sold by
Simmons Kathleen Ryan
Bought by
Runco Robert M and Hoog Kathy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.48%

Purchase Details

Closed on
Jan 11, 2007
Sold by
Willaert George Robert
Bought by
Simmons Kathleen Ryan

Purchase Details

Closed on
Jan 31, 2001
Sold by
Hennessy Richard L and Hennessy Patric
Bought by
Willaert George R and Willaert Kathleen R

Purchase Details

Closed on
Sep 24, 1999
Sold by
Mcenroe Patricia H
Bought by
Hennessy Richard L and Hennessy Patricia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
Thomas William H -- Attorneys Title Agency Llc
Kline Christopher $557,500 --
Berakovich Erik $475,000 --
Runco Robert M $485,000 --
Simmons Kathleen Ryan -- --
Willaert George R $490,000 --
Hennessy Richard L $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas William H $500,000
Previous Owner Runco Robert M $290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2015 07/01/15 Sold $637,500 0.0% $98 / Sq Ft
07/01/2015 07/01/15 For Sale $637,500 +14.3% $98 / Sq Ft
04/08/2015 04/08/15 Pending -- -- --
08/15/2012 08/15/12 Sold $557,500 -10.8% $86 / Sq Ft View Prior Sale
07/21/2012 07/21/12 Pending -- -- --
07/12/2012 07/12/12 For Sale $625,000 -- $96 / 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 $13,602 $808,500 $808,500 $0
2024 $13,602 $654,500 $654,500 $0
2023 $12,475 $608,800 $608,800 $0
2022 $12,475 $556,000 $556,000 $0
2021 $12,141 $535,500 $535,500 $0
2020 $12,274 $469,200 $469,200 $0
2019 -- $335,100 $335,100 $0
2018 -- $329,600 $329,600 $0
2017 -- $328,500 $328,500 $0
2016 -- $332,300 $332,300 $0
2015 -- $302,000 $0 $0
2014 -- $302,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Shylo Kline

    Gaslight Group Properties

  • C.T. Shuman

    Seller's Agent in 2012

    C.T. Shuman

    Real Estate One

    (231) 838-4200

    30 in this area

    129 Total Sales

    C.T. Shuman
    Section Image
  • Michael MacCarthy

    Buyer's Agent in 2012

    Michael MacCarthy

    Gaslight Group Properties

    (231) 838-7700

    63 in this area

    179 Total Sales

    Michael MacCarthy
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 445235

Northern Michigan MLS

APN: 52-19-05-200-015

Michigan Emmet County Petoskey 49770

1005 E Mitchell St, Petoskey, MI

Not Listed for Sale

Detached

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