NOT LISTED FOR SALE

1017 Howard St Petoskey, MI 49770

Estimated Value: $198,722 - $305,000

1 Bed
1 Bath
500 Sq Ft
$518/Sq Ft Est. Value

Last Sold July 06, 2018

Last sale price $130,000 $260 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $1,564/month

Highlights

  • Main Floor Primary Bedroom
  • Patio
  • Shed
  • Thermal Windows
  • Living Room
  • 3-minute walk to Petoskey Art Fair

About This Home

As of July 2018

Very Cute Bungalow. One of only a few homes in town that can be a VRBO & Air BNB rental. It is licensed with the City. Being sold turn key. Furniture, linens, dishes. Nice deep lot that would allow an addition and a garage. Basement for storage.

Last Agent to Sell the Property

Carol Fay

Coldwell Banker Schmidt - Petoskey Listed on: 05/30/2018

Coldwell Banker Schmidt - Petoskey

Last Buyer's Agent

Non member Emmet

Emmet Association of Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,445

Lot Details

  • Lot Dimensions are 50 x 150

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 500 Sq Ft Home
  • Thermal Windows
  • Insulated Windows
  • Blinds
  • Living Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 52-19-05-302-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,445

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 06/01/2018
  • Section: 5
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Cable, Dryer, Garbage Disposal, Mini Blinds, Patio, Range, Refrigerator, Washer
  • Total Finished Sq Ft: 500
  • Master Bedroom: Dimensions: 14.4 x 8.6, On Level: Main
  • Bedroom 2: On Level: N/A
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Total Rooms: 3
  • Basement: Full
  • Dining Room: On Level: N/A
  • Kitchen: Dimensions: 13.2 x 7.1 combo w/ livin, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 15.6 x 10.2, On Level: Main
  • Above Grade Finished Sq Ft: 500
  • Bathroom 1: Dimensions: 8.6 x 5.4, On Level: Main
  • Bathroom 2: On Level: N/A
  • Number Of Bedrooms: 1
  • Full Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Thermo, Insulated

Exterior Features

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

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas, 40 Gal

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 50 x 150
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 52-19-05-302-029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2018
Closed on
Jul 5, 2018
Sold by
Porter John M
Bought by
Olsen Inger
Seller's Agent
Carol Fay
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Non member Emmet
Emmet Association of Realtors
List Price
$125,000
Sold Price
$130,000
Premium/Discount to List
$5,000
4%
Current Estimated Value
$259,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,241
Avg. Annual Appreciation
9.92%
Original Mortgage
$104,000
Outstanding Balance
$90,132
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$169,109

Purchase Details

Closed on
Jan 21, 2014
Sold by
Hallman Corey B and Hallman Corey
Bought by
Porter John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
4.49%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 12, 2005
Sold by
Lovins Richard L
Bought by
Hallman Corey B and Hansen Lacy E

Purchase Details

Closed on
May 1, 1992
Bought by
Lovins Rps

Purchase Details

Closed on
Jan 1, 1991
Bought by
Rose Rps
Source: Public Records

Range of Values:

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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
Olsen Inger $130,000 --
Porter John M $69,000 Talon Title Agency
Hallman Corey B $77,000 --
Lovins Rps $38,900 --
Rose Rps $25,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olsen Inger $104,000
Previous Owner Porter John M $52,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2018 07/06/18 Sold $130,000 +4.0% $260 / Sq Ft
06/03/2018 06/03/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $125,000 -- $250 / 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 $2,445 $78,800 $78,800 $0
2024 $2,445 $62,500 $62,500 $0
2023 $2,226 $59,500 $59,500 $0
2022 $2,226 $57,500 $57,500 $0
2021 $1,429 $47,700 $47,700 $0
2020 $1,445 $40,200 $40,200 $0
2019 -- $39,700 $39,700 $0
2018 -- $39,400 $39,400 $0
2017 -- $34,700 $34,700 $0
2016 -- $32,300 $32,300 $0
2015 -- $31,500 $0 $0
2014 -- $29,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 455419

Northern Michigan MLS

APN: 52-19-05-302-029