NOT LISTED FOR SALE

1014 Jefferson Ave Petoskey, MI 49770

Estimated Value: $380,063 - $435,000

3 Beds
1.5 Baths
1,532 Sq Ft
$263/Sq Ft Est. Value

Last Sold October 02, 2018

Last sale price $179,400 $117 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $2,455/month

Highlights

  • Main Floor Primary Bedroom
  • 1 Car Detached Garage
  • Forced Air Heating System
  • First Floor Utility Room
  • Living Room
  • Dining Room

About This Home

As of October 2018

Nicely renovated 3 bedroom 1 1/2 bath home located in a quiet in-town neighborhood close to downtown. Recent improvements include totally remodeled kitchen and baths, electrical and plumbing updates, new drywall ceilings on main level, and new floor coverings and paint throughout.

Last Agent to Sell the Property

Bill Takalo

Coldwell Banker Schmidt - Petoskey Listed on: 06/01/2018

Coldwell Banker Schmidt - Petoskey

Last Buyer's Agent

Beth Flynn

@properties Christie's International Real Estate - Petoskey

@properties Christie's International Real Estate - Petoskey

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,075

Lot Details

  • Lot Dimensions are 50 x 130

Parking

  • 1 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,532 Sq Ft Home
  • Vinyl Clad Windows
  • Insulated Windows
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Crawl Space

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 52-19-05-302-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,075

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 06/14/2018
  • Section: 5
  • Second Address Number: 1014
  • Directions: Howard St heading South of downtown, turn left on Pearl St then right on Jefferson Ave, house is on your right
  • Price per Sq Ft: 117.1
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Built In Microwave, Cable, Dishwasher, Garbage Disposal, Range, Refrigerator
  • Total Finished Sq Ft: 1532
  • Master Bedroom: Dimensions: 11.1 x 10.3, On Level: Main
  • Bedroom 2: Dimensions: 10 x 18.1, On Level: Upper
  • Bedroom 3: Dimensions: 11.2 x 12.1, On Level: Upper
  • Bedroom 4: On Level: N/A
  • Total Rooms: 6
  • Basement: Crawl
  • Dining Room: Dimensions: combo, On Level: Main
  • Kitchen: Dimensions: 12.4 x 11, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 19.8 x 13.5, On Level: Main
  • Above Grade Finished Sq Ft: 1532
  • Bathroom 1: Dimensions: 5.9 x 4.6, On Level: Main
  • Bathroom 2: Dimensions: 8 x 10.4, On Level: Upper
  • Number Of Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Insulated, Vinyl

Exterior Features

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

Garage/Parking

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

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 50 x 130
  • Lot: y
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 52-19-05-302-020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2018
Closed on
Oct 1, 2018
Sold by
Powers Eric and Powers Julie
Bought by
Powers Ret
Seller's Agent
Bill Takalo
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Beth Flynn
@properties Christie's International Real Estate - Petoskey
List Price
$209,900
Sold Price
$179,400
Premium/Discount to List
-$30,500
-14.53%
Current Estimated Value
$403,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,954
Avg. Annual Appreciation
12.14%
Original Mortgage
$161,460
Outstanding Balance
$140,803
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$262,551

Purchase Details

Listed on
Aug 7, 2017
Closed on
Oct 12, 2017
Sold by
Hoffman Donald L and Hoffman Karen M
Bought by
Demeuse Norman K
Seller's Agent
Mark Ashley
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Bill Takalo
Coldwell Banker Schmidt - Petoskey
List Price
$159,900
Sold Price
$123,400
Premium/Discount to List
-$36,500
-22.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.07%

Purchase Details

Closed on
Jun 30, 2000
Sold by
Hoffman Donald L and Hoffman Karen M
Bought by
Hoffman Donald & Karen Trust

Purchase Details

Closed on
Sep 21, 1999
Sold by
Hoffman Isabelle
Bought by
Hoffman Donald L and Hoffman Karen M
Source: Public Records

Range of Values:

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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
Powers Ret -- --
Powers Julie $179,400 --
Demeuse Norman K $123,400 Talon Title
Hoffman Donald & Karen Trust -- --
Hoffman Donald L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powers Julie $161,460
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2018 10/02/18 Sold $179,400 -4.3% $117 / Sq Ft
08/17/2018 08/17/18 Price Changed $187,500 -10.7% $122 / Sq Ft
06/01/2018 06/01/18 For Sale $209,900 +70.1% $137 / Sq Ft
10/12/2017 10/12/17 Sold $123,400 -22.8% $81 / Sq Ft View Prior Sale
09/23/2017 09/23/17 Pending -- -- --
08/07/2017 08/07/17 For Sale $159,900 -- $104 / 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 $4,075 $143,100 $143,100 $0
2024 $4,075 $122,000 $122,000 $0
2023 $3,711 $104,900 $104,900 $0
2022 $3,711 $100,100 $100,100 $0
2021 $3,605 $85,100 $85,100 $0
2020 $3,614 $67,000 $67,000 $0
2019 -- $65,800 $65,800 $0
2018 -- $62,000 $62,000 $0
2017 -- $57,500 $57,500 $0
2016 -- $51,500 $51,500 $0
2015 -- $49,600 $0 $0
2014 -- $45,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 455618

Northern Michigan MLS

APN: 52-19-05-302-020