NOT LISTED FOR SALE

1055 Greg Rd Petoskey, MI 49770

Estimated Value: $405,000

3 Beds
2.5 Baths
2,392 Sq Ft
$169/Sq Ft Est. Value

Last Sold January 20, 2022

Last sale price $350,000 $146 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,679/month

32 Days on Market

Highlights

  • Deck
  • First Floor Utility Room
  • 2 Car Attached Garage
  • Wood Flooring
  • Wood Frame Window
  • Living Room

About This Home

As of January 2022

Country living at it’s finest but very close to town. Enjoy nearby farms and tranquility on your private acreage. A quick jump onto US 131 will have you in downtown Petoskey in minutes. Enjoy dinner on your deck overlooking 3 plus acres of land. This clean and cozy 3 bedroom, 2.5 bath home is perfect for a family or retirement. The attached 2 car garage and partially finished basement offer lots of storage room and workshop potential. The spacious kitchen is perfect for family gatherings around the island and breakfast nook. There are beautiful hardwood floors throughout along with new carpeting. The Truestream internet currently in the home makes it an ideal environment for working remotely. This wonderful family home won’t be on the market for long. Schedule a showing today.

Last Agent to Sell the Property

Mitch Brown

RE/MAX LIGHTHOUSE Listed on: 11/04/2021

RE/MAX LIGHTHOUSE

Last Buyer's Agent

Mitch Brown

RE/MAX LIGHTHOUSE Listed on: 11/04/2021

RE/MAX LIGHTHOUSE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,525

Year Built

  • Built in 1973

Lot Details

  • 3.41 Acre Lot
  • Property is zoned FF-1

Home Design

  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,392 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Blinds
  • Wood Frame Window
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 01-19-30-200-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,525

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1973
  • Lvt Date: 11/04/2021
  • Measurement Source: Agent
  • Section: 30
  • Survey: Y
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1973

Interior Features

  • Features: Built In Microwave, Ceiling Fans, Deck, Dishwasher, Dryer, Mini Blinds, Paved Drive, Range, Refrigerator, Washer, Wood Floors, Paved Road
  • Total Finished Sq Ft: 2392
  • Master Bedroom: Dimensions: 12.3 x 14.5, On Level: Upper
  • Bedroom 2: Dimensions: 12.3 x 13.6, On Level: Upper
  • Bedroom 3: Dimensions: 9.10 x 13.6, On Level: Upper
  • Bedroom 4: On Level: N/A
  • Total Rooms: 8
  • Basement: Poured
  • Dining Room: Dimensions: 9.10 x 13.5, On Level: Main
  • Kitchen: Dimensions: 13.5 x 9.7, On Level: Main
  • Family Room: Dimensions: 25.2 x 11.10, On Level: Lower
  • Living Room: Dimensions: 15.5 x 13.5, On Level: Main
  • Above Grade Finished Sq Ft: 1608
  • Bathroom 1: Dimensions: 8.6 x 5.10, On Level: Upper
  • Bathroom 2: Dimensions: 8.10 x 10.10, On Level: Upper
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Rooms 1: Dimensions: 10.9 x 8.11, On Level: Main
  • Rooms 2: On Level: N/A
  • Windows: Wood Sash, Insulated

Exterior Features

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

Garage/Parking

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

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: Septic
  • Water: Well
  • Water Heater: Natural Gas, 40 Gal

Schools

  • School District: Petoskey

Lot Info

  • Estimated Number of Acres: 3.41
  • Zoning: FF-1

Tax Info

  • Assessor Parcel Number: 01-19-30-200-002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2021
Closed on
Jan 20, 2022
Sold by
Riley Louis G
Bought by
Coveyou David and Coveyou Kathleen
Seller's Agent
Mitch Brown
RE/MAX LIGHTHOUSE
Buyer's Agent
Mitch Brown
RE/MAX LIGHTHOUSE
List Price
$364,900
Sold Price
$350,000
Premium/Discount to List
-$14,900
-4.08%
Total Days on Market
32
Current Estimated Value
$405,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,000
Original Mortgage
$280,000
Outstanding Balance
$234,265
Interest Rate
2.62%
Mortgage Type
Cash
Source: Public Records

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Range of Values:

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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
Coveyou David $350,000 --
Riley Louis G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coveyou David $280,000
Previous Owner Riley Louis G $317,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2022 01/20/22 Sold $350,000 +0.3% $146 / Sq Ft
11/30/2021 11/30/21 Price Changed $349,000 -4.4% $146 / Sq Ft
11/04/2021 11/04/21 For Sale $364,900 -- $153 / 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
2022 $2,525 $94,800 $94,800 $0
2021 $1,410 $81,600 $81,600 $0
2020 $1,385 $78,700 $78,700 $0
2019 $1,303 $77,800 $77,800 $0
2018 $1,272 $65,900 $65,900 $0
2017 -- $65,100 $65,100 $0
2016 -- $61,000 $61,000 $0
2015 -- $55,300 $0 $0
2014 -- $54,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 466910

Northern Michigan MLS

APN: 01-19-30-200-002