NOT LISTED FOR SALE

111 Williams St Petoskey, MI 49770

Estimated Value: $452,000 - $1,318,000

4 Beds
3 Baths
3,800 Sq Ft
$261/Sq Ft Est. Value

Last Sold August 10, 2020

Last sale price $674,000 $177 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $6,351/month

Highlights

  • Deck
  • First Floor Utility Room
  • Forced Air Heating System
  • Wood Flooring
  • Living Room
  • 4-minute walk to Pennsylvania Park

About This Home

As of August 2020

This historic beauty sits on quiet Williams St. in downtown Petoskey with views of the Bay from many of the rooms as well as the picturesque front porch. While the original charm has been maintained throughout, this home has many updates that make it perfectly suited for families and large gatherings. A recent addition made it so a family room with fireplace sits off the kitchen and the large master suite has a private bathroom and large closets. The basement has recently been finished with a second family room, wine cellar and guest suite. The newly built garage is deep and has a second level for additional storage. Home features original leaded glass windows, wood floors, beautiful moldings, two fireplaces, 5 bedrooms and 4 baths.

Last Agent to Sell the Property

David Shuman

Bay North Realty Co. Listed on: 05/19/2020

Last Buyer's Agent

David Shuman

Bay North Realty Co. Listed on: 05/19/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,353

Lot Details

  • 8,102

Parking

  • Driveway

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 3,800 Sq Ft Home
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring
  • Block Basement Construction

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 52-19-05-126-006&102-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,353

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Type 2: Structure Only-No Land
  • Lvt Date: 06/05/2020
  • Section: 5
  • Second Address Number: 111
  • Directions: Bay St to Williams
  • Price per Sq Ft: 177.37
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Cable, Deck, Dishwasher, Dryer, Garbage Disposal, Paved Drive, Range, Refrigerator, Washer, Wood Fireplace, Wood Floors
  • Total Finished Sq Ft: 3800
  • Master Bedroom: Dimensions: 12.5 X 20.5, On Level: Upper
  • Bedroom 2: Dimensions: 16 X 14, On Level: Upper
  • Bedroom 3: Dimensions: 15X10, On Level: Upper
  • Bedroom 4: Dimensions: 14 X 12.5, On Level: Upper
  • Total Rooms: 12
  • Basement: Block
  • Dining Room: Dimensions: 13.5 X 13.5, On Level: Main
  • Kitchen: Dimensions: 25 X 11, On Level: Main
  • Family Room: Dimensions: 17.5 X 15, On Level: Main
  • Living Room: Dimensions: 16 X 16.5, On Level: Main
  • Above Grade Finished Sq Ft: 3800
  • Bathroom 1: Dimensions: full, On Level: Main
  • Bathroom 2: Dimensions: full, On Level: Upper
  • Number Of Bedrooms: 4
  • Full Bathrooms: 3
  • Rooms 1: Dimensions: Den/12.5 X 15, On Level: Main
  • Rooms 2: On Level: N/A

Exterior Features

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

Utilities

  • Heat Type: Forced Air
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 52-19-05-126-006&102-008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2020
Closed on
Jul 28, 2020
Sold by
Corteville David
Bought by
Shuman David P and Shuman Sarah L
Seller's Agent
David Shuman
Bay North Realty Co.
Buyer's Agent
David Shuman
Bay North Realty Co.
List Price
$689,000
Sold Price
$674,000
Premium/Discount to List
-$15,000
-2.18%
Current Estimated Value
$991,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,962
Avg. Annual Appreciation
7.95%
Original Mortgage
$150,000
Outstanding Balance
$133,417
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$858,545

Purchase Details

Closed on
Jun 4, 2014
Sold by
David David and Moore Corteville Tiffany
Bought by
Corteville David and Moore Corteville Tiffany

Purchase Details

Closed on
Oct 4, 1999
Sold by
Levanovich Peter E and Levanovich Kimberly
Bought by
Bonislawski Roman

Purchase Details

Closed on
Jan 1, 1986
Sold by
Stone Wd 381 889
Bought by
Johnson

Purchase Details

Closed on
Apr 1, 1983
Bought by
Stone
Source: Public Records

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
Shuman David P -- --
Shuman David P $674,000 --
Corteville David $92,500 --
Bonislawski Roman $366,500 --
Johnson $96,000 --
Stone $92,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shuman David P $150,000
Closed Shuman David P $185,000
Previous Owner Corteville David $375,500
Previous Owner Corteville David $348,000
Previous Owner Corteville David $65,250
Previous Owner Corteville David $441,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2020 08/10/20 Sold $674,000 -2.2% $177 / Sq Ft
05/19/2020 05/19/20 For Sale $689,000 -- $181 / 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 $11,353 $428,700 $428,700 $0
2024 $11,353 $402,100 $402,100 $0
2023 $10,412 $350,100 $350,100 $0
2022 $10,412 $308,300 $308,300 $0
2021 $10,133 $289,000 $289,000 $0
2020 $5,948 $236,500 $236,500 $0
2019 -- $223,300 $223,300 $0
2018 -- $210,100 $210,100 $0
2017 -- $205,200 $205,200 $0
2016 -- $207,800 $207,800 $0
2015 -- $187,600 $0 $0
2014 -- $187,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 462077

Northern Michigan MLS

APN: 52-19-05-102-008