NOT LISTED FOR SALE

1150 Willis Ave Petoskey, MI 49770

Estimated Value: $356,000 - $448,000

3 Beds
2 Baths
1,768 Sq Ft
$217/Sq Ft Est. Value

Last Sold December 31, 2013

Last sale price $107,910 $61 Per Sq Ft

Est. 256% increase in value since last sale

Current estimated payment $2,414/month

7 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Shed
  • Dining Room
  • Living Room
  • Forced Air Heating System

About This Home

As of December 2013

Affordable, ranch style home conveniently located in-town Petoskey. Nice square footage, well maintained. This a Fannie Mae HomePath property. Purchase this property for as little as 5% down! This property is approved for HomePath Mortgage and HomePath Renovation Financing. Go to www.homepath.com for more details.

Last Listed By

Trish Hartwick

Coldwell Banker Schmidt - Petoskey Listed on: 08/14/2013

Coldwell Banker Schmidt - Petoskey

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,444

Year Built

  • Built in 2000

Lot Details

  • Lot Dimensions are 154x297x50x325
  • Property is zoned R-2

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 1,768 Sq Ft Home
  • Living Room
  • Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 52-19-06-452-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,444

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2000
  • Measurement Source: Appraiser
  • Section: 6
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 2000

Interior Features

  • Total Finished Sq Ft: 1768
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: N/A
  • Total Rooms: 6
  • Basement: Crawl
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: N/A
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 1768
  • Bathroom 1: Dimensions: full, On Level: Main
  • Bathroom 2: Dimensions: full, On Level: Main
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A

Exterior Features

  • Construction: Man.-HUD-Steel Fr. & Titl
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Utilities

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

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 154x297x50x325
  • Lot: y
  • Zoning: R-2

Tax Info

  • Assessor Parcel Number: 52-19-06-452-004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2013
Closed on
Dec 31, 2013
Sold by
Fannie Mae
Bought by
Kahgee Sarah J
Seller's Agent
Trish Hartwick
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Trish Hartwick
Coldwell Banker Schmidt - Petoskey
List Price
$107,910
Sold Price
$107,910
Total Days on Market
7
Current Estimated Value
$383,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,718
Avg. Annual Appreciation
11.90%
Original Mortgage
$105,955
Outstanding Balance
$82,408
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$305,863

Purchase Details

Closed on
Jan 2, 2013
Sold by
Nationstar Mortgage Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 14, 2012
Sold by
Erickson Michael R
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Oct 6, 2000
Sold by
Kahgee Bruce D and Kahgee Joan M
Bought by
Miller William H and Miller Carolyn J

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
Kahgee Sarah J $107,910 --
Federal National Mortgage Association -- --
Nationstar Mortgage Llc $140,947 --
Miller William H $21,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kahgee Sarah J $105,955
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2013 12/31/13 Sold $107,910 0.0% $61 / Sq Ft
08/21/2013 08/21/13 Pending -- -- --
08/14/2013 08/14/13 For Sale $107,910 -- $61 / 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 $3,444 $184,500 $184,500 $0
2023 $3,159 $134,900 $134,900 $0
2022 $3,159 $97,000 $97,000 $0
2021 $3,074 $93,700 $93,700 $0
2020 $3,108 $93,700 $93,700 $0
2019 -- $92,600 $92,600 $0
2018 -- $89,500 $89,500 $0
2017 -- $87,100 $87,100 $0
2016 -- $86,800 $86,800 $0
2015 -- $80,200 $0 $0
2014 -- $109,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 438202

Northern Michigan MLS

APN: 52-19-06-452-004