NOT LISTED FOR SALE

1201 Willis Ave Petoskey, MI 49770

Estimated Value: $196,898 - $282,000

2 Beds
1 Bath
825 Sq Ft
$276/Sq Ft Est. Value

Sale Details

Date Sold: June 22, 2015

Last sale price $87,000 $105 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $1,396 / mo

182 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Lower Floor Utility Room
  • Living Room

About This Home

As of June 2015

Cute home on over sized lot. This 2 bedroom, 1 bath dwelling has been a well maintained rental, but could be your starter home! With a new metal roof, hardwood flooring, huge back and side yard, this home has loads of potential. A short walk from the Bear River Walk way and Petoskey’s Gaslight district, this abode is charming! Come and see for yourself.

Last Agent to Sell the Property

Pete Platte

Gaslight Group Properties Listed on: 11/11/2014

Last Buyer's Agent

Cam Braddock

Gaslight Group Properties

Home Details

Home Type

  • Single Family

Lot Details

  • 0.56

Home Design

  • Metal Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 825 Sq Ft Home
  • Living Room
  • Lower Floor Utility Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Listing and Financial Details

  • Assessor Parcel Number 52-19-07-201-007

Home Details

Home Type

Single Family

Lot Details

0.56 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Section: 7
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 825
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Basement: Block, Full, Walkout
  • Dining Room: On Level: N/A
  • Kitchen: On Level: Main
  • Family Room: On Level: N/A
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 825
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: N/A
  • Number Of Bedrooms: 2
  • Full Bathrooms: 1
  • Rooms 1: On Level: Main
  • Rooms 2: On Level: N/A

Exterior Features

  • Construction: Concrete/Block
  • Roof: Metal
  • Waterfront Water Access: Neither

Utilities

  • Sewer: City
  • Water: City

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 52-19-07-201-007

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

Listed on
Nov 11, 2014
Closed on
Jun 22, 2015
Sold by
Bought by
Seller's Agent
Pete Platte
Gaslight Group Properties
Buyer's Agent
Cam Braddock
Gaslight Group Properties
List Price
$104,900
Sold Price
$87,000
Premium/Discount to List
-$17,900
-17.06%
Current Estimated Value
$227,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,475
Avg. Annual Appreciation
9.15%
Original Mortgage
$88,775
Outstanding Balance
$68,145
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$159,330

Purchase Details

Closed on
Jul 24, 2002
Sold by
Bought by

Purchase Details

Closed on
Oct 1, 1985
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
$87,000 Attorney Title Agency Llc
$72,000 --
$26,500 --
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
Open $88,775
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
06/22/2015 06/22/15 Sold $87,000 -17.1% $105 / Sq Ft
05/12/2015 05/12/15 Pending -- -- --
11/11/2014 11/11/14 For Sale $104,900 -- $127 / 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
2025 $1,961 $65,500 $65,500 $0
2024 $19 $94,800 $94,800 $0
2023 $1,798 $69,000 $69,000 $0
2022 $1,798 $68,300 $68,300 $0
2021 $1,750 $64,000 $64,000 $0
2020 $1,770 $53,500 $53,500 $0
2019 -- $52,700 $52,700 $0
2018 -- $51,000 $51,000 $0
2017 -- $49,100 $49,100 $0
2016 -- $45,800 $45,800 $0
2015 -- $44,300 $0 $0
2014 -- $42,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Pete Platte

    Seller's Agent in 2015

    Pete Platte

    Gaslight Group Properties

    (231) 838-0935

    53 in this area

    104 Total Sales

    Pete Platte
    Section Image
  • Cam Braddock

    Buyer's Agent in 2015

    Cam Braddock

    Gaslight Group Properties

    (231) 330-9819

    17 in this area

    57 Total Sales

    Cam Braddock
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 442740

Northern Michigan MLS

APN: 52-19-07-201-007

Michigan Emmet County Petoskey 49770

1201 Willis Ave, 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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