NOT LISTED FOR SALE

1017 Jefferson Ave Petoskey, MI 49770

Estimated Value: $538,000 - $590,000

4 Beds
2 Baths
2,500 Sq Ft
$223/Sq Ft Est. Value

Last Sold March 14, 2022

Last sale price $375,000 $150 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,458/month

Highlights

  • Cathedral Ceiling
  • Main Floor Primary Bedroom
  • Wood Frame Window
  • Wood Flooring
  • First Floor Utility Room
  • 2 Car Detached Garage

About This Home

As of March 2022

This spacious 4 bedroom, 2 bath home is located just blocks from Petoskey’s historic Gaslight District. Enjoy being within walking distance to downtown Petoskey’s wonderful shops, restaurants and schools. This well-maintained home has had many recent updates which include new siding, roof, deck and a brand new detached 2-car garage. Home offers a main floor master bedroom and laundry as well as a wood burning stove adjacent to the kitchen. Call today for a personal tour. Open house Sunday 2/6/22 from 2 - 4 p.m.

Last Agent to Sell the Property

Doug Nowels

Real Estate One Listed on: 02/05/2022

Real Estate One

Last Buyer's Agent

David Shuman

Bay North Realty Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,918

Lot Details

  • Lot Dimensions are 50 x 130

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,500 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Insulated Windows
  • Blinds
  • Wood Frame Window
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring
  • Michigan Basement

Kitchen

  • Range
  • Built-In Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Driveway

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 52-19-05-302-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,918

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 02/05/2022
  • Measurement Source: Agent
  • Section: 5
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Built In Microwave, Cable, Cathedral Ceilings, Ceiling Fans, Mini Blinds, Paved Drive, Range, Refrigerator, Wood Floors
  • Total Finished Sq Ft: 2500
  • Master Bedroom: Dimensions: 12 x 12, On Level: Main
  • Bedroom 2: Dimensions: 9.4 x 14.6, On Level: Main
  • Bedroom 3: Dimensions: 18 x 11.3, On Level: Upper
  • Bedroom 4: Dimensions: 9.3 x 12, On Level: Upper
  • Total Rooms: 9
  • Basement: Michigan
  • Dining Room: Dimensions: 11.6 x 17.6, On Level: Main
  • Kitchen: Dimensions: 18.3 x 13.9, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 16 x 16, On Level: Main
  • Above Grade Finished Sq Ft: 2500
  • Bathroom 1: Dimensions: 8.6 x 7.6, On Level: Main
  • Bathroom 2: Dimensions: 7 x 9, On Level: Upper
  • Number Of Bedrooms: 4
  • Full Bathrooms: 2
  • Rooms 1: Dimensions: Foyer/ 9.6 x 8, On Level: Main
  • Rooms 2: Dimensions: 7.6 x 17, On Level: Upper
  • Windows: Wood Sash, Thermo, Insulated, Vinyl, Double, Low E

Exterior Features

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

Garage/Parking

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

Utilities

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

Schools

  • School District: Petoskey

Lot Info

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

Tax Info

  • Assessor Parcel Number: 52-19-05-302-024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2022
Closed on
Mar 14, 2022
Sold by
Rothfuss Matthew E and Rothfuss Amanda L
Bought by
Cleveland Laura
Seller's Agent
Doug Nowels
Real Estate One
Buyer's Agent
David Shuman
Bay North Realty Co.
List Price
$369,900
Sold Price
$375,000
Premium/Discount to List
$5,100
1.38%
Current Estimated Value
$558,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,685
Avg. Annual Appreciation
11.74%
Original Mortgage
$225,000
Outstanding Balance
$210,223
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$348,462

Purchase Details

Closed on
Nov 29, 2010
Sold by
Luch Michael A and Mcnamara Pamela
Bought by
Rothfuss Matthew E and Rothfuss Amanda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,800
Interest Rate
4.23%

Purchase Details

Closed on
May 1, 2000
Sold by
Holborn Olga Cilke
Bought by
Luch Michael A
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
Cleveland Laura $375,000 Talon Title Agency
Rothfuss Matthew E $109,900 --
Luch Michael A $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cleveland Laura $225,000
Previous Owner Rothfuss Matthew E $117,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2022 03/14/22 Sold $375,000 +1.4% $150 / Sq Ft
02/05/2022 02/05/22 For Sale $369,900 -- $148 / 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 $5,918 $226,000 $226,000 $0
2024 $5,918 $198,600 $198,600 $0
2023 $2,737 $163,400 $163,400 $0
2022 $2,737 $152,900 $152,900 $0
2021 $2,664 $138,200 $138,200 $0
2020 $2,232 $85,700 $85,700 $0
2019 -- $84,000 $84,000 $0
2018 -- $83,300 $83,300 $0
2017 -- $78,000 $78,000 $0
2016 -- $69,600 $69,600 $0
2015 -- $66,900 $0 $0
2014 -- $56,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 467387

Northern Michigan MLS

APN: 52-19-05-302-024