NOT LISTED FOR SALE

1018 Emmet St Petoskey, MI 49770

Estimated Value: $263,257 - $368,000

5 Beds
3 Baths
2,569 Sq Ft
$123/Sq Ft Est. Value

Sale Details

Date Sold: May 10, 2019

Last sale price $195,000 $76 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,061 / mo

7 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Forced Air Heating System
  • Cathedral Ceiling
  • Wood Frame Window
  • 4-minute walk to Bear River Park

About This Home

As of May 2019

Updated and very well maintained 2 unit rental property. A considerable amount of work and restoration has been done to make this a move-in ready purchase! Unit one is 3 bedrooms, 1.5 bath home with a large living room, formal dining, and office area along with very spacious bedroom sizes. Unit two has a very cool Urban feel with open floor plan, high ceilings, 2 bedrooms, 1 bath and an office/family room. 2+car detached garage and two separate large basements for storage. Freshly painted, drywall & flooring completed, bathrooms remodeled, exterior back porches finished, New furnaces, electrical, plumbing, roof on unit 1 is approx. 3 years old. Shown by appointment!

Last Agent to Sell the Property

Trish Hartwick

Coldwell Banker Schmidt - Petoskey Listed on: 02/19/2019

Coldwell Banker Schmidt - Petoskey

Last Buyer's Agent

Carol Fay

Coldwell Banker Schmidt - Petoskey

Coldwell Banker Schmidt - Petoskey

Property Details

Home Type

  • Multi-Family

Lot Details

  • 7,841

Home Design

  • Duplex
  • Asphalt Shingled Roof
  • Rolled or Hot Mop Roof

Interior Spaces

  • 2,569 Sq Ft Home
  • Cathedral Ceiling
  • Wood Frame Window
  • Wood Flooring
  • Range

Basement

  • Walk-Out Basement
  • Partial Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • Lot Dimensions are 50x150

Listing and Financial Details

  • Assessor Parcel Number 52-19-06-427-013

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Class: MULTI-FAMILY
  • Type: Multifamily
  • Type 2: Duplex
  • Lvt Date: 02/25/2019
  • Section: 6
  • Second Address Number: 1018
  • Directions: Emmet Street, on west side of street between Washington and Sheridan streets.
  • OFFICELIST_STATE: MI
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Features: Cathedral Ceilings, Deck, Range, Refrigerator, Wood Floors
  • Basement: Partial, Full Walk Out
  • Total Sq Ft: 2569
  • Above Grade Finished Sq Ft: 2569
  • Windows: Wood Sash

Exterior Features

  • Roof: Asphalt Shingles, Rolled
  • Waterfront Water Access: Neither

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: City
  • Water: City
  • Well Size Depth: city
  • Number Electric Meters: 2
  • Number Water Heaters: 2
  • Number Water Meters: 1

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 50x150
  • Zoning: COP RM-2

Tax Info

  • Assessor Parcel Number: 52-19-06-427-013

Multi Family

  • Number Of Units: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2019
Closed on
May 10, 2019
Sold by
Bought by
Seller's Agent
Trish Hartwick
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Carol Fay
Coldwell Banker Schmidt - Petoskey
List Price
$204,900
Sold Price
$195,000
Premium/Discount to List
-$9,900
-4.83%
Current Estimated Value
$316,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,564
Avg. Annual Appreciation
7.04%
Original Mortgage
$156,000
Outstanding Balance
$135,432
Interest Rate
4%
Mortgage Type
Commercial
Estimated Equity
$181,132

Purchase Details

Listed on
Sep 4, 2012
Closed on
Oct 18, 2012
Sold by
Bought by
Seller's Agent
Patricia Frisbey
Frisbey Real Estate
Buyer's Agent
Trish Hartwick
Coldwell Banker Schmidt - Petoskey
List Price
$35,000
Sold Price
$35,299
Premium/Discount to List
$299
0.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.66%

Purchase Details

Closed on
Jul 12, 2012
Sold by
Bought by

Purchase Details

Closed on
Mar 1, 1991
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$195,000 --
$35,299 --
$109,532 --
$42,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $156,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2019 05/10/19 Sold $195,000 -4.8% $76 / Sq Ft
02/19/2019 02/19/19 For Sale $204,900 +480.5% $80 / Sq Ft
10/12/2012 10/12/12 Sold $35,299 +0.9% $14 / Sq Ft View Prior Sale
09/09/2012 09/09/12 Pending -- -- --
09/04/2012 09/04/12 For Sale $35,000 -- $14 / Sq Ft
Source: Northern Michigan MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,337 $153,400 $153,400 $0
2024 $41 $135,700 $135,700 $0
2023 $3,949 $109,200 $109,200 $0
2022 $3,949 $84,900 $84,900 $0
2021 $2,723 $80,300 $80,300 $0
2020 $2,730 $71,300 $71,300 $0
2019 -- $69,800 $69,800 $0
2018 -- $64,600 $64,600 $0
2017 -- $47,500 $47,500 $0
2016 -- $48,800 $48,800 $0
2015 -- $49,300 $0 $0
2014 -- $56,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Trish Hartwick

    Seller's Agent in 2019

    Trish Hartwick

    Coldwell Banker Schmidt - Petoskey

    (231) 838-0411

    289 Total Sales

    Trish Hartwick
    Section Image
  • Carol Fay

    Buyer's Agent in 2019

    Carol Fay

    Coldwell Banker Schmidt - Petoskey

    (231) 330-0876

    62 Total Sales

    Carol Fay
    Section Image

  • P

    Seller's Agent in 2012

    Patricia Frisbey

    Frisbey Real Estate

See All Agents

Map

Source: Northern Michigan MLS

MLS Number: 457738

Northern Michigan MLS

APN: 52-19-06-427-013

Michigan Emmet County Petoskey 49770

1018 Emmet St, Petoskey, MI

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