NOT LISTED FOR SALE

1040 Howard St Petoskey, MI 49770

Estimated Value: $36,863 - $69,000

0.35 Acre
$151,234 Price per Acre
15,246 Sq Ft Lot

Last Sold August 19, 2021

Last sale price $29,000

Est. 83% increase in value since last sale

Current estimated payment $351/month

Highlights

  • Water Views
  • Gentle Sloping Lot
  • 1-minute walk to Washington Park
  • Open Lot

About This Lot

As of August 2021

Here is a rare opportunity to build in the heart of Petoskey. Just 6 blocks from historic downtown enjoyment. Nestled off Howard St. provides sunset & Little Traverse Bay views. Adjacent to Washington Park with convenient access to the trails of Bear River Recreation (.4 miles). The mature cedar hedge creates a natural boundary to the neighboring Park, but can be cut back to reveal lake views. Are you ready to build and make a move to live someplace special? Look no further.

Last Agent to Sell the Property

Sheela Welch

Coldwell Banker Schmidt - Petoskey Listed on: 05/28/2021

Coldwell Banker Schmidt - Petoskey

Last Buyer's Agent

Danielle Smith

Gaslight Group Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $871

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 111.55' x 134.43'
  • Open Lot
  • Gentle Sloping Lot
  • Property is zoned COP R-3

Additional Features

  • Water Views
  • Electricity Available at Street
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 52-19-06-400-149

Property Details

Property Type

Land

Est. Annual Taxes

$871

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Lots/Land
  • Type 2: Lot
  • Lvt Date: 05/30/2021
  • Section: 6
  • S E V Yr: 15,000/2021
  • Survey: Y
  • Hd Approved: Y
  • Road Access: Yes
  • Road Frontage Feet: 12 ft.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Features: Natural Gas, City Utilities, Electric Nearby, Paved Road

Exterior Features

  • Lake: Michigan
  • Waterfront Water Access: Neither
  • Water View: Y

Utilities

  • Sewer: City, Required To Build
  • Water: City

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 111.55' x 134.43'
  • Estimated Number of Acres: 0.35
  • Lot: Y
  • Zoning: COP R-3
  • Property Description: City of Petoskey vacant land.
  • Improvements: curb cut for driveway
  • Number Of Acres: Under 1
  • Percent Wooded: 1
  • Terrain: Gently Rolling, Open

Tax Info

  • Assessor Parcel Number: 52-19-06-400-149

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2024
Sold by
Kepic Peter
Bought by
Kepic Molly
Current Estimated Value
$52,932

Purchase Details

Listed on
May 28, 2021
Closed on
Aug 13, 2021
Sold by
Cornwell Garett B
Bought by
Kepic Peter
Seller's Agent
Sheela Welch
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Danielle Smith
Gaslight Group Properties
List Price
$35,000
Sold Price
$29,000
Premium/Discount to List
-$6,000
-17.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.44%

Purchase Details

Closed on
Oct 28, 2016
Sold by
Vision Quest Associates Inc
Bought by
Cornwell Garrett B

Purchase Details

Closed on
Mar 27, 2005
Sold by
Mathews Dan H
Bought by
Vision Quest Associates Inc

Purchase Details

Closed on
Dec 31, 2004
Sold by
Crisan Terry W
Bought by
Mathews Dan H
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
Kepic Molly -- --
Kepic Peter $29,000 --
Cornwell Garrett B -- None Available
Vision Quest Associates Inc -- --
Mathews Dan H -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2021 08/19/21 Sold $29,000 -17.1% --
05/28/2021 05/28/21 For Sale $35,000 -- --
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 $871 $29,000 $29,000 $0
2024 $871 $19,800 $19,800 $0
2023 $793 $20,000 $20,000 $0
2022 $793 $15,000 $15,000 $0
2021 $334 $15,000 $15,000 $0
2020 $335 $15,000 $15,000 $0
2019 -- $6,100 $6,100 $0
2018 -- $6,100 $6,100 $0
2017 -- $8,200 $8,200 $0
2016 -- $8,200 $8,200 $0
2015 -- $8,200 $0 $0
2014 -- $8,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 465265

Northern Michigan MLS

APN: 52-19-06-400-149