NOT LISTED FOR SALE

1101 Tracy Ln Petoskey, MI 49770

Estimated Value: $692,000 - $4,232,170

4 Beds
3.5 Baths
3,240 Sq Ft
$494/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $389,000 $120 Per Sq Ft

Est. 312% increase in value since last sale

Current estimated payment $8,838/month

10 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • Lower Floor Utility Room
  • Second Garage
  • Main Floor Primary Bedroom
  • 4 Car Garage

About This Home

As of December 2020

This 4-bedroom move-in ready home is designed for family living. Conveniently located in a family oriented neighborhood ten minutes south of downtown Petoskey and less than one mile from Walloon Lake. Multiple recent updates include: fresh interior paint in every room, custom closets, central air, new kitchen counters, 2 updated bathrooms, a complete laundry room remodel, and new and expanded back deck.

Last Agent to Sell the Property

Nate Graham

Graham Real Estate Listed on: 11/04/2020

Last Buyer's Agent

Patrick Leavy

Kidd & Leavy Real Estate Co. LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • 1.04 Acre Lot
  • Lot Dimensions are 295 x 150

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 3,240 Sq Ft Home
  • Ceiling Fan
  • Thermal Windows
  • Vinyl Clad Windows
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Finished Basement

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

Parking

  • 4 Car Garage
  • Second Garage
  • Driveway

Pool

  • Private Pool

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 13-18-23-301-111

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1996
  • Lvt Date: 11/04/2020
  • Section: 23
  • Second Address Number: 1101
  • Directions: US 31 to Resort Pike, to Intertown, to Blackbird - south on Blackbird. West on Kalchick to Tracy Lane. Watch for sign.
  • OFFICELIST_STATE: MI
  • Street Designation: Lane
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1996

Interior Features

  • Features: Cable, Ceiling Fans, Central Air, Dishwasher, Garbage Disposal, Paved Drive, Pool, Range, Refrigerator, Wood Floors
  • Total Finished Sq Ft: 3240
  • Master Bedroom: Dimensions: 23.5 x 14, On Level: Main
  • Bedroom 2: Dimensions: 15.5 x 11.5, On Level: Main
  • Bedroom 3: Dimensions: 11 x 11.5, On Level: Main
  • Bedroom 4: Dimensions: 13 x 10.5, On Level: Lower
  • Basement: Block, Full, Finished
  • Dining Room: Dimensions: 6.5 x 16.5, On Level: Main
  • Kitchen: Dimensions: 20.5 x 16.5, On Level: Main
  • Family Room: Dimensions: 36 x 25, On Level: Lower
  • Living Room: Dimensions: 16.5 x 22, On Level: Main
  • Above Grade Finished Sq Ft: 1748
  • Bathroom 1: Dimensions: 2 Full / 1 Half, On Level: Main
  • Bathroom 2: Dimensions: 1 Full, On Level: Lower
  • Number Of Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Thermo, Vinyl

Exterior Features

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

Garage/Parking

  • Garage Carport: Garage-Attached, Garage-Detached
  • Gar Car Capacity: Four +

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Fees: $600

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 295 x 150
  • Estimated Number of Acres: 1.04
  • Lot: Y
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 13-18-23-301-111

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2020
Closed on
Dec 18, 2020
Sold by
Pulver Joshua D
Bought by
Hekker Jacob and Hekker Lauren
Seller's Agent
Nate Graham
Graham Real Estate
Buyer's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
List Price
$379,000
Sold Price
$389,000
Premium/Discount to List
$10,000
2.64%
Current Estimated Value
$1,601,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,212,793
Avg. Annual Appreciation
32.13%
Original Mortgage
$369,550
Outstanding Balance
$329,010
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,272,783

Purchase Details

Listed on
Dec 30, 2015
Closed on
Apr 15, 2016
Sold by
Cranick Kevin and Weston Melissa
Bought by
Pulver Joshua D and Pulver Robyn R
Seller's Agent
Gail Greenwell
Real Estate One
Buyer's Agent
Nate Graham
Graham Real Estate
List Price
$235,000
Sold Price
$230,000
Premium/Discount to List
-$5,000
-2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.88%
Original Mortgage
$225,834
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 4, 2013
Closed on
Mar 29, 2013
Sold by
Jpmorgan Chase Bank Na
Bought by
Cranick Kevin and Weston Melissa
Seller's Agent
Tim Hayner
Berkshire Hathaway HomeServices Michigan Real Estate - HS
Buyer's Agent
Gail Greenwell
Real Estate One
List Price
$123,750
Sold Price
$132,000
Premium/Discount to List
$8,250
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.79%
Original Mortgage
$126,720
Interest Rate
3.39%

Purchase Details

Closed on
Jul 26, 2001
Sold by
Altman Andrew and Altman Karen
Bought by
Oppermann James E and Oppermann Kristen L

Purchase Details

Closed on
Nov 1, 1995
Bought by
Altman New Pta
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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Purchase History

Date Buyer Sale Price Title Company
Hekker Jacob -- --
Pulver Joshua D $2,340,000 Attorney
Cranick Kevin $132,000 --
Oppermann James E $189,900 --
Altman New Pta $17,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hekker Jacob $369,550
Previous Owner Pulver Joshua D $225,834
Previous Owner Cranick Kevin $126,720
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2020 12/18/20 Sold $389,000 +2.6% $120 / Sq Ft
11/04/2020 11/04/20 For Sale $379,000 +64.8% $117 / Sq Ft
04/15/2016 04/15/16 Sold $230,000 -2.1% $82 / Sq Ft View Prior Sale
01/18/2016 01/18/16 Pending -- -- --
12/30/2015 12/30/15 For Sale $235,000 +78.0% $84 / Sq Ft
05/07/2013 05/07/13 Sold $132,000 +6.7% $88 / Sq Ft View Prior Sale
01/17/2013 01/17/13 Pending -- -- --
01/04/2013 01/04/13 For Sale $123,750 -- $83 / 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 $4,945 $320,100 $320,100 $0
2024 $22 $307,300 $307,300 $0
2023 $4,504 $299,500 $299,500 $0
2022 $4,504 $224,000 $224,000 $0
2021 $4,335 $187,200 $187,200 $0
2020 $2,964 $136,700 $136,700 $0
2019 -- $127,200 $127,200 $0
2018 -- $122,900 $122,900 $0
2017 -- $121,600 $121,600 $0
2016 -- $118,300 $118,300 $0
2015 -- $100,000 $0 $0
2014 -- $94,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 463681

Northern Michigan MLS

APN: 13-18-23-301-111