NOT LISTED FOR SALE

116 Michigan St Petoskey, MI 49770

Petoskey Area

Estimated Value: $403,828

4 Beds
2 Baths
1,542 Sq Ft
$262/Sq Ft Est. Value

Sale Details

Date Sold: April 9, 2020

Last sale price $245,000 $159 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,546 / mo

11 Days on Market

Highlights

  • Barn
  • Lower Floor Utility Room
  • Detached Garage
  • Deck
  • Wood Frame Window
  • 4-minute walk to Bear River Park

About This Home

As of April 2020

Currently being used as a duplex, this multi-family home could easily be converted to a single famiy residence. Located in an up and coming neighborhood, this is spot on for a great investment opp. The extra sized lot also offers plenty of options, and features a large barn out back for all your storage needs.

Last Agent to Sell the Property

Jane Fisher

Gaslight Group Properties License #6501333848 Listed on: 02/11/2020

Last Buyer's Agent

Jane Fisher

Gaslight Group Properties License #6501333848 Listed on: 02/11/2020

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Lot Details

  • 0.25

Parking

  • Detached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,542 Sq Ft Home
  • Blinds
  • Wood Frame Window
  • Family Room
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Michigan Basement
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Deck
  • Property is zoned COP RM-2
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 52-19-06-276-015

Home Details

Home Type

Single Family

Lot Details

0.25 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 02/11/2020
  • Section: 6
  • Second Address Number: 116
  • Directions: Emmet to Michigan.
  • OFFICELIST_STATE: MI
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Deck, Dryer, Mini Blinds, Range, Refrigerator, Washer
  • Total Finished Sq Ft: 1542
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: Main
  • Basement: Michigan
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Main
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 1542
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 4
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Wood Sash

Exterior Features

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

Garage/Parking

  • Garage Carport: Garage-Detached

Utilities

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

Schools

  • School District: Petoskey

Lot Info

  • Zoning: COP RM-2

Tax Info

  • Assessor Parcel Number: 52-19-06-276-015

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2022
Sold by
Srigley Kevin C and Srigley Joanna
Bought by
Current Estimated Value
$403,828

Purchase Details

Listed on
Feb 11, 2020
Closed on
Apr 9, 2020
Sold by
Srigley Kevin C
Bought by
Srigley Kevin C and Srigley Joanna
Seller's Agent
Jane Fisher
Gaslight Group Properties
Buyer's Agent
Jane Fisher
Gaslight Group Properties
List Price
$249,000
Sold Price
$245,000
Premium/Discount to List
-$4,000
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.04%
Original Mortgage
$181,875
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 11, 2020
Closed on
Apr 6, 2020
Sold by
West Patricia L
Bought by
Srigley Kevin C
Seller's Agent
Jane Fisher
Gaslight Group Properties
Buyer's Agent
Jane Fisher
Gaslight Group Properties
List Price
$249,000
Sold Price
$245,000
Premium/Discount to List
-$4,000
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,875
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1989
Bought by
West
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Petoskey, MI

  • Joe Blachy Real Estate Agent - Petoskey Real Estate Group

    Joe Blachy

    Petoskey Real Estate Group

    (231) 715-5138

    106 Total Sales

    33 in Petoskey

    $99K - $1.2M Price Range

    Joe Blachy
     Section Image
  • Chris Christensen Real Estate Agent - Lynda's Real Estate Service

    Chris Christensen

    Lynda's Real Estate Service

    (231) 535-9698

    337 Total Sales

    5 in Petoskey

    $325K - $400K Price Range

    Chris Christensen
     Section Image
  • Brett Binkley Real Estate Agent - EXP Realty

    Brett Binkley

    Responds Quickly

    EXP Realty

    (231) 642-9896

    40 Total Sales

    1 in Petoskey

    $135,000 Price

    Brett Binkley
     Section Image
  • Matt Rader Real Estate Agent - Pat O'Brien & Associates - Boyne City

    Matt Rader

    Pat O'Brien & Associates - Boyne City

    (231) 244-8908

    46 Total Sales

    2 in Petoskey

    $293K - $945K Price Range

    Matt Rader
     Section Image
  • Brad Rellinger Real Estate Agent - Harbor Sothebys International Realty

    Brad Rellinger

    Harbor Sothebys International Realty

    (231) 535-9754

    88 Total Sales

    57 in Petoskey

    $1 - $2.8M Price Range

    Brad Rellinger
     Section Image
  • Shelly Novotny Real Estate Agent - Real Estate One - Charlevoix

    Shelly Novotny

    Real Estate One - Charlevoix

    (231) 244-6564

    62 Total Sales

    2 in Petoskey

    $401K - $520K Price Range

    Shelly Novotny
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
Srigley Kevin C -- --
Srigley Kevin C -- --
West $39,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $184,000
Previous Owner Srigley Kevin C $181,875
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/09/2020 04/09/20 Sold $245,000 -1.6% $159 / Sq Ft
02/11/2020 02/11/20 For Sale $249,000 -- $161 / Sq Ft
Source: Northern Michigan MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,190 $157,100 $157,100 $0
2025 $3,190 $149,900 $149,900 $0
2024 $31 $129,000 $129,000 $0
2023 $4,435 $106,900 $106,900 $0
2022 $4,435 $85,100 $85,100 $0
2021 $4,309 $81,200 $81,200 $0
2020 $2,244 $73,500 $73,500 $0
2019 -- $72,200 $72,200 $0
2018 -- $72,100 $72,100 $0
2017 -- $59,400 $59,400 $0
2016 -- $60,600 $60,600 $0
2015 -- $61,000 $0 $0
2014 -- $67,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jane Fisher Real Estate Agent - Gaslight Group Properties

    Seller's Agent in 2020

    Jane Fisher

    Gaslight Group Properties

    (231) 409-8060

    152 Total Sales

    Jane Fisher
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Map

Source: Northern Michigan MLS

MLS Number: 461233

Northern Michigan MLS

APN: 52-19-06-276-015

Michigan Emmet County Petoskey 49770

116 Michigan St, Petoskey, MI

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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