NOT LISTED FOR SALE

1107 Bellmer Rd Petoskey, MI 49770

Estimated Value: $255,000 - $760,000

5 Beds
2 Baths
2,800 Sq Ft
$145/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $186,100 $66 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $2,473/month

6 Days on Market

Highlights

  • 29 Acre Lot
  • Pole Barn
  • Wood Frame Window
  • Wood Burning Stove
  • First Floor Utility Room
  • Living Room

About This Home

As of June 2021

Just past Bill's Farm Market and not far from Crooked Lake, you'll discover this 5 bedroom, 2 bath farmhouse on the less busy side of Bellmer Road. This property is strictly for those who want a BIG project! Once a beautiful homestead, there are still several fruit trees, old gardens, huge lilacs, plus numerous perennials and outbuildings throughout the 29 acres including a flowing well near the 30x48 pole barn. The large pole barn has a side service door, 14'h x 12'w sliding door, 8'h x 9'w overheard garage door. a cement floor and electric sub-panel but currently no meter. The back acreage is beautifully wooded with a gentle rise and old trails. This home and acreage has potential but is a major fixer upper and will not qualify for financing. There is evidence of roof leaks and possible structural concerns. There are no titles or affidavits for any of the mobile homes. Put on your creative cap and come take a look!

Last Listed By

Kimberly Kihnke

Bay North Realty Co. License #6501327283 Listed on: 05/28/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,566

Lot Details

  • 29 Acre Lot
  • Property is zoned FF-1

Parking

  • 4 Car Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Modular or Manufactured Materials

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Wood Frame Window
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • 2 Full Bathrooms

Outdoor Features

  • Pole Barn
  • Shed

Utilities

  • Heating System Uses Propane
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 01-16-36-100-046

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,566

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 05/28/2021
  • Measurement Source: Appraiser
  • Section: 36
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Range, Wood Stove, Paved Road
  • Total Finished Sq Ft: 2800
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Total Rooms: 11
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Main
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 2800
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Upper
  • Number Of Bedrooms: 5
  • Full Bathrooms: 2
  • Rooms 1: Dimensions: LIBRARY, On Level: Main
  • Rooms 2: On Level: N/A
  • Windows: Wood Sash

Exterior Features

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

Garage/Parking

  • Gar Car Capacity: Four +

Utilities

  • Heat Type: LP Gas
  • Sewer: Septic
  • Water: Well

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: IRREGULAR
  • Estimated Number of Acres: 29
  • Zoning: FF-1

Tax Info

  • Assessor Parcel Number: 01-16-36-100-046

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Jun 9, 2021
Sold by
Zenor-Kelleher Melanie Joyce
Bought by
Knott Marshal
Seller's Agent
Kimberly Kihnke
Bay North Realty Co.
Buyer's Agent
Marshal Knott
Mint, LLC
List Price
$180,000
Sold Price
$186,100
Premium/Discount to List
$6,100
3.39%
Total Days on Market
6
Current Estimated Value
$407,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,231
Avg. Annual Appreciation
19.84%
Original Mortgage
$176,000
Outstanding Balance
$161,071
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$218,000

Purchase Details

Closed on
May 20, 2020
Sold by
Shanley Wilford H Life Estate
Bought by
Shanley Kirk S

Range of Values:

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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
Knott Marshal $186,100 --
Shanley Kirk S $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knott Marshal $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $186,100 +3.4% $66 / Sq Ft
05/28/2021 05/28/21 For Sale $180,000 -- $64 / 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
2024 $2,566 $118,900 $76,500 $42,400
2023 $2,491 $98,900 $57,400 $41,500
2022 $2,491 $100,300 $100,300 $0
2021 $1,851 $116,400 $116,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 465251

Northern Michigan MLS

APN: 01-16-36-100-046