NOT LISTED FOR SALE

1226 Hill St Petoskey, MI 49770

Estimated Value: $643,000 - $762,000

4 Beds
3.5 Baths
2,305 Sq Ft
$301/Sq Ft Est. Value

Last Sold April 22, 2015

Last sale price $278,500 $121 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $4,200/month

7 Days on Market

Highlights

  • Deck
  • First Floor Utility Room
  • 2 Car Detached Garage
  • Wood Flooring
  • Wood Frame Window
  • Living Room

About This Home

As of April 2015

Charming turn of the previous century in-town farm house with an updated floor plan and a gracious sundrenched back yard.

Last Agent to Sell the Property

Michael MacCarthy

Gaslight Group Properties Listed on: 03/25/2015

Last Buyer's Agent

Michael MacCarthy

Gaslight Group Properties Listed on: 03/25/2015

Home Details

Home Type

  • Single Family

Lot Details

  • 0.47

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,305 Sq Ft Home
  • Vinyl Clad Windows
  • Wood Frame Window
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Basement

  • Michigan Basement
  • Block Basement Construction

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Baseboard Heater
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 52-19-05-200-095

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Measurement Source: Agent
  • Section: 5
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: AC Wall Unit, Built In Microwave, Cable, Deck, Dishwasher, Dryer, Garbage Disposal, Paved Drive, Range, Refrigerator, Washer, Wood Floors
  • Total Finished Sq Ft: 2305
  • Master Bedroom: Dimensions: 15 x 12, On Level: Upper
  • Bedroom 2: Dimensions: 15 x 13, On Level: Upper
  • Bedroom 3: Dimensions: 13 x 10.5, On Level: Upper
  • Bedroom 4: Dimensions: 9 x 5.5, On Level: Main
  • Basement: Michigan, Block
  • Dining Room: Dimensions: 9 x 15, On Level: Main
  • Kitchen: Dimensions: 13 x 15, On Level: Main
  • Family Room: Dimensions: 15 x 15, On Level: Main
  • Living Room: Dimensions: 14.5 x 14, On Level: Main
  • Above Grade Finished Sq Ft: 2305
  • Bathroom 1: Dimensions: 9 x 5.5, On Level: Main
  • Bathroom 2: Dimensions: 9.5 x 8, On Level: Upper
  • Number Of Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Rooms 1: Dimensions: Master Bath 8 x 8, On Level: Upper
  • Rooms 2: On Level: N/A
  • Windows: Wood Sash, Vinyl, Pella

Exterior Features

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

Garage/Parking

  • Garage Carport: Garage-Detached
  • Gar Car Capacity: Two

Utilities

  • Heat Type: Natural Gas, Hot Water Baseboard
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 52-19-05-200-095

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2015
Closed on
Apr 17, 2015
Sold by
Smith Brian and St Pierre Smith Valerie
Bought by
Palk Jennifer and Palk John
Seller's Agent
Michael MacCarthy
Gaslight Group Properties
Buyer's Agent
Michael MacCarthy
Gaslight Group Properties
List Price
$278,500
Sold Price
$278,500
Current Estimated Value
$689,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$410,554
Avg. Annual Appreciation
8.84%
Original Mortgage
$250,065
Outstanding Balance
$189,881
Interest Rate
3.37%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$503,941

Purchase Details

Closed on
Mar 27, 2014
Sold by
Hebert Terrell K and Hebert Jennifer L
Bought by
Smith Brian W and St Pierre Smith Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,700
Interest Rate
4.41%
Mortgage Type
Stand Alone First

Purchase Details

Listed on
Aug 30, 2012
Closed on
Jun 12, 2013
Sold by
Harrington James Gerald and Cotant Mary
Bought by
Hebert Terrell K and Hebert Jennifer L
Seller's Agent
David Shuman
Bay North Realty Co.
Buyer's Agent
Steve Shuman
Real Estate One
List Price
$299,900
Sold Price
$245,000
Premium/Discount to List
-$54,900
-18.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.58%
Original Mortgage
$196,000
Interest Rate
3.52%

Purchase Details

Closed on
Jul 15, 2008
Sold by
Deutsche Bank National Trust Company
Bought by
Harrington James Gerald and Cotant Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.36%

Purchase Details

Closed on
Aug 16, 2007
Sold by
Watts Tl
Bought by
Deutsche Bank National Trust Company and Argent Mortgage Securities Inc Asset Bac

Purchase Details

Closed on
Mar 30, 2006
Bought by
Stephenson Robert and Stephenson Deanna

Purchase Details

Closed on
Jun 24, 2004
Sold by
Walker Thomas D and Walker Deanna F
Bought by
Love Thomas F & Cynthia B

Purchase Details

Closed on
Jun 22, 2004
Bought by
Walker Thomas D and Walker Deanna F

Purchase Details

Closed on
Jun 16, 2004
Bought by
Dart Bank, The
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Palk Jennifer -- Attorneys Title Agency Llc
Smith Brian W -- Attorneys Title Agency Llc
Hebert Terrell K $245,000 --
Harrington James Gerald $220,000 --
Deutsche Bank National Trust Company $253,873 --
Stephenson Robert $305,000 --
Love Thomas F & Cynthia B $280,000 --
Walker Thomas D $277,400 --
Dart Bank, The -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palk Jennifer $250,065
Previous Owner Smith Brian W $227,700
Previous Owner Hebert Terrell K $196,000
Previous Owner Harrington James Gerald $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2015 04/22/15 Sold $278,500 0.0% $121 / Sq Ft
04/01/2015 04/01/15 Pending -- -- --
03/25/2015 03/25/15 For Sale $278,500 +13.7% $121 / Sq Ft
06/12/2013 06/12/13 Sold $245,000 -18.3% $106 / Sq Ft View Prior Sale
04/28/2013 04/28/13 Pending -- -- --
08/30/2012 08/30/12 For Sale $299,900 -- $130 / 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 $7,461 $267,800 $267,800 $0
2024 $71 $224,200 $224,200 $0
2023 $4,481 $197,400 $197,400 $0
2022 $4,481 $186,900 $186,900 $0
2021 $4,361 $164,400 $164,400 $0
2020 $4,409 $137,800 $137,800 $0
2019 -- $135,400 $135,400 $0
2018 -- $121,700 $121,700 $0
2017 -- $118,900 $118,900 $0
2016 -- $114,100 $114,100 $0
2015 -- $107,000 $0 $0
2014 -- $94,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 444035

Northern Michigan MLS

APN: 52-19-05-200-095