NOT LISTED FOR SALE

1048 Owen Dr Petoskey, MI 49770

Estimated Value: $351,392 - $395,000

3 Beds
2 Baths
1,352 Sq Ft
$272/Sq Ft Est. Value

Last Sold October 19, 2018

Last sale price $180,000 $133 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,114/month

63 Days on Market

Highlights

  • Deck
  • First Floor Utility Room
  • Living Room
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • Forced Air Heating System

About This Home

As of October 2018

Maintenance free ranch style home located about 7 miles east of downtown Petoskey. This home features an open floor plan, covered front porch, full basement, 2 car garage and a spacious master suite. Many great recreational opportunities are easily accessible from this home including conservancy property, state land, groomed cross country ski trails and ORV trails.

Last Agent to Sell the Property

C.T. Shuman

Real Estate One Listed on: 09/20/2018

Real Estate One

Last Buyer's Agent

David Uutinen

Berkshire Hathaway HomeServices Michigan Real Estate - HS License #6501153941

Berkshire Hathaway HomeServices Michigan Real Estate - HS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Parking

  • 2 Car Attached Garage

Home Design

  • Asphalt Shingled Roof
  • Modular or Manufactured Materials

Interior Spaces

  • 1,352 Sq Ft Home
  • Ceiling Fan
  • Vinyl Clad Windows
  • Insulated Windows
  • Blinds
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic System
  • Cable TV Available

Additional Features

  • Deck
  • Lot Dimensions are 100 x 254

Community Details

  • Property has a Home Owners Association
  • Ridgewood Meadows Association

Listing and Financial Details

  • Assessor Parcel Number 14-20-09-130-103

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2003
  • Lvt Date: 09/20/2018
  • Section: 9
  • Second Address Number: 1048
  • Directions: Mitchell Road east 6 miles from Petoskey. Ridgewood Meadows on the right hand side.
  • OFFICELIST_STATE: MI
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2003

Interior Features

  • Features: Cable, Ceiling Fans, Deck, Dishwasher, Garbage Disposal, Mini Blinds, Range, Refrigerator
  • Total Finished Sq Ft: 1352
  • Master Bedroom: Dimensions: 12.6 x 12.3, On Level: Main
  • Bedroom 2: Dimensions: 12.4 x 10.14, On Level: Main
  • Bedroom 3: Dimensions: 12.4 x 10.4, On Level: Main
  • Bedroom 4: On Level: N/A
  • Basement: Full
  • Dining Room: Dimensions: 13 x 10, On Level: Main
  • Kitchen: Dimensions: 12.3 x 11.10, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 12 x 17.3, On Level: Main
  • Above Grade Finished Sq Ft: 1352
  • Bathroom 1: Dimensions: 8.8 x 8.7, On Level: Main
  • Bathroom 2: Dimensions: 8.10 x 5.7, On Level: Main
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Insulated, Vinyl

Exterior Features

  • Construction: Modular-BOCA-Wood Frame
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

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

Utilities

  • Heat Type: Forced Air, LP Gas
  • Sewer: Septic
  • Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: Ridgewood Meadows
  • Association: Yes
  • Fees: $300y

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 100 x 254
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 14-20-09-130-103

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2018
Closed on
Oct 19, 2018
Sold by
Mcdaniel Merle
Bought by
Mcdaniel Merle and Croft Joellen S
Seller's Agent
C.T. Shuman
Real Estate One
Buyer's Agent
David Uutinen
Berkshire Hathaway HomeServices Michigan Real Estate - HS
List Price
$179,900
Sold Price
$180,000
Premium/Discount to List
$100
0.06%
Current Estimated Value
$362,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,115
Avg. Annual Appreciation
10.45%

Purchase Details

Closed on
Feb 16, 2011
Sold by
Burkhart Theresa and Nardone Ralph
Bought by
Burkhart Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,745
Interest Rate
4.78%

Purchase Details

Closed on
Aug 8, 2008
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Burkhart Theresa and Nardone Ralph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,539
Interest Rate
6.42%

Purchase Details

Closed on
May 17, 2007
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Mar 24, 2003
Bought by
Gray Adam M and Gray Christina E
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
Mcdaniel Merle -- --
Mcdaniel Merle $180,000 --
Burkhart Theresa -- --
Burkhart Theresa $128,865 --
Federal Home Loan Mortgage Corp $148,900 --
Federal Home Loan Mortgage Corp $148,944 --
Gray Adam M $17,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burkhart Theresa $125,745
Previous Owner Burkhart Theresa $127,539
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2018 10/19/18 Sold $180,000 +0.1% $133 / Sq Ft
07/20/2018 07/20/18 For Sale $179,900 -- $133 / 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 $2,587 $149,700 $149,700 $0
2024 $2,587 $137,900 $137,900 $0
2023 $2,381 $114,000 $114,000 $0
2022 $2,381 $91,800 $91,800 $0
2021 $2,305 $90,100 $90,100 $0
2020 $2,239 $88,000 $88,000 $0
2019 -- $83,700 $83,700 $0
2018 -- $72,000 $72,000 $0
2017 -- $70,500 $70,500 $0
2016 -- $67,900 $67,900 $0
2015 -- $62,000 $0 $0
2014 -- $55,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 456705

Northern Michigan MLS

APN: 14-20-09-130-103