NOT LISTED FOR SALE

1090 Grand Ridge Unit Lot 16 Petoskey, MI 49770

Estimated Value: $179,000 - $1,527,000

1 Acre
$853,000 Price per Acre
43,560 Sq Ft Lot

Last Sold November 24, 2020

Last sale price $115,000

Est. 642% increase in value since last sale

Current estimated payment $5,439/month

About This Lot

As of November 2020

Grand Ridge, Petoskey's best kept secret! Spectacular views of Lake Michigan and the surrounding countryside. Generous sized lots, with elevations that provide some privacy. Only 23 homesites on 45 acres. Three miles from the heart of Petoskey, and 7 miles to Harbor Springs. Million Dollar Sunsets from these wonderful west facing building sites.

Last Agent to Sell the Property

Jim Hart

Graham Real Estate Listed on: 07/23/2020

Last Buyer's Agent

Jim Hart

Graham Real Estate Listed on: 07/23/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $26,501

Lot Details

  • 1 Acre Lot
  • Lot Has A Rolling Slope

HOA Fees

  • $63 Monthly HOA Fees

Property Views

  • Water Views

Utilities

  • Well Required
  • Septic Needed
  • Phone Available

Community Details

  • Grand Ridge Association

Listing and Financial Details

  • Assessor Parcel Number 01-16-34-150-116

Property Details

Property Type

Land

Est. Annual Taxes

$26,501

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Class: LOTS/LAND
  • Type: Lots/Land
  • Type 2: Lot
  • Lvt Date: 07/23/2020
  • Section: 34
  • Survey: Y
  • Hd Approved: Yes
  • Road Access: Country Club
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Features: Electric, Phone

Exterior Features

  • Waterfront Water Access: Neither
  • Water View: Y

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Condo/Co-op/Association

  • Association: Grand Ridge
  • Association: Yes
  • Fees: $750
  • Site Condo: Y

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: Irregular
  • Estimated Number of Acres: 1
  • Lot: Y
  • Zoning: Residential
  • Property Description: Building site with Lake Michigan view
  • Deed Restrictions: Association
  • Number Of Acres: 1 - 2
  • Percent Wooded: 20%
  • Terrain: High-Rolling

Tax Info

  • Assessor Parcel Number: 01-16-34-150-116

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Nov 24, 2020
Sold by
Engle Suzanne P Trust
Bought by
Robison Corey T and Robison Susan E
Seller's Agent
Jim Hart
Graham Real Estate
Buyer's Agent
Jim Hart
Graham Real Estate
List Price
$149,000
Sold Price
$115,000
Premium/Discount to List
-$34,000
-22.82%
Current Estimated Value
$853,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$738,000
Avg. Annual Appreciation
50.90%
Original Mortgage
$74,750
Interest Rate
2.8%
Mortgage Type
New Conventional
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
Robison Corey T $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Robison Corey T $74,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2020 11/24/20 Sold $115,000 -22.8% --
07/23/2020 07/23/20 For Sale $149,000 -- --
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 $26,501 $650,200 $650,200 $0
2024 $26,501 $617,900 $617,900 $0
2023 $4,052 $185,200 $185,200 $0
2022 $4,052 $94,200 $94,200 $0
2021 $2,550 $59,300 $59,300 $0
2020 $154 $66,300 $66,300 $0
2019 $145 $66,300 $66,300 $0
2018 $142 $67,200 $67,200 $0
2017 -- $67,200 $67,200 $0
2016 -- $67,200 $67,200 $0
2015 -- $66,300 $0 $0
2014 -- $64,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jim Hart

    Graham Real Estate

    (231) 526-6251

    5 in this area

    51 Total Sales

    Jim Hart
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Map

Source: Northern Michigan MLS

MLS Number: 462689

Northern Michigan MLS

APN: 01-16-34-150-116

Michigan Emmet County Petoskey 49770

1090 Grand Ridge Unit Lot 16, Petoskey, MI

This home is located at 1090 Grand Ridge Unit Lot 16, Petoskey, MI 49770 since 23 July 2020 and is currently estimated at $853,000. 1090 Grand Ridge Unit Lot 16 is a home located in Emmet County with nearby schools including Petoskey High School, Petoskey Montessori Children's, and Harbor Light Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Michigan MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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