NOT LISTED FOR SALE

1027 Hoffman St Petoskey, MI 49770

Estimated Value: $360,590 - $584,000

3 Beds
2 Baths
1,400 Sq Ft
$303/Sq Ft Est. Value

Last Sold March 16, 2015

Last sale price $127,000 $91 Per Sq Ft

Est. 234% increase in value since last sale

Current estimated payment $2,463/month

114 Days on Market

Highlights

  • Deck
  • Wood Frame Window
  • 1 Car Attached Garage
  • Lower Floor Utility Room
  • Thermal Windows
  • Living Room

About This Home

As of March 2015

3 bedroom 2 full bath home located within walking distance to down town and schools. features a large yard and deck, fireplace, full basement, wonderful neighborhood.

Last Agent to Sell the Property

Lauren Hofbauer

Berkshire Hathaway HomeServices Michigan Real Estate - Petoskey Listed on: 10/16/2014

Co-Listed By

Debbie Gafill

Cedar Creek Realty

Last Buyer's Agent

Mark Ashley

Coldwell Banker Schmidt - Petoskey License #6502139858

Coldwell Banker Schmidt - Petoskey

Home Details

Home Type

  • Single Family

Lot Details

  • 0.33

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Thermal Windows
  • Insulated Windows
  • Wood Frame Window
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Lower Floor Utility Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 1 Car Attached Garage
  • Driveway

Utilities

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

Additional Features

  • Deck
  • Lot Dimensions are 71.5 x 203.28

Listing and Financial Details

  • Assessor Parcel Number 52-19-05-200-067

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

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

Interior Features

  • Features: Cable, Ceiling Fans, Deck, Dishwasher, Dryer, Gas Fireplace, Paved Drive, Range, Washer
  • Total Finished Sq Ft: 1400
  • Master Bedroom: Dimensions: 12 X 12, On Level: Main
  • Bedroom 2: Dimensions: 12 x 12, On Level: Main
  • Bedroom 3: Dimensions: 8 x 9, On Level: Main
  • Bedroom 4: On Level: N/A
  • Basement: Block, Full
  • Dining Room: Dimensions: combo, On Level: Main
  • Kitchen: Dimensions: 17.2 X 9.4, On Level: Main
  • Family Room: Dimensions: 25.7 X 11.7, On Level: Lower
  • Living Room: Dimensions: 14.2 X18, On Level: Main
  • Above Grade Finished Sq Ft: 1000
  • Bathroom 1: Dimensions: 7 x 9, On Level: Main
  • Bathroom 2: Dimensions: 6 x 7, On Level: Lower
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Wood Sash, Thermo, Insulated

Exterior Features

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

Garage/Parking

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

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas, 40 Gal
  • Well Size Depth: City water

Lot Info

  • Estimated Lot Dimensions: 71.5 X 203.28
  • Lot: Y
  • Zoning: Res

Tax Info

  • Assessor Parcel Number: 52-19-05-200-067

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2014
Closed on
Mar 16, 2015
Sold by
Junker Calvin Frederick and Junker Patricia Ann
Bought by
Carwile Grace M
Seller's Agent
Lauren Hofbauer
Berkshire Hathaway HomeServices Michigan Real Estate - Petoskey
Buyer's Agent
Mark Ashley
Coldwell Banker Schmidt - Petoskey
List Price
$150,000
Sold Price
$127,000
Premium/Discount to List
-$23,000
-15.33%
Current Estimated Value
$424,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,398
Avg. Annual Appreciation
11.76%
Original Mortgage
$101,600
Outstanding Balance
$77,787
Interest Rate
3.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$346,611

Purchase Details

Closed on
Nov 20, 2001
Sold by
Wareck Simon C and Wareck Josephine E
Bought by
Junker Calvin F and Junker Patricia A
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
Carwile Grace M $127,000 Attorneys Title Agency Llc
Junker Calvin F $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carwile Grace M $101,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2015 03/16/15 Sold $127,000 -15.3% $91 / Sq Ft
02/07/2015 02/07/15 Pending -- -- --
10/16/2014 10/16/14 For Sale $150,000 -- $107 / 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 $2,920 $153,500 $153,500 $0
2024 $28 $125,200 $125,200 $0
2023 $2,678 $114,400 $114,400 $0
2022 $2,678 $109,100 $109,100 $0
2021 $2,606 $94,600 $94,600 $0
2020 $2,635 $80,900 $80,900 $0
2019 -- $79,600 $79,600 $0
2018 -- $74,100 $74,100 $0
2017 -- $70,700 $70,700 $0
2016 -- $68,200 $68,200 $0
2015 -- $58,700 $0 $0
2014 -- $54,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 442528

Northern Michigan MLS

APN: 52-19-05-200-067