NOT LISTED FOR SALE

124 Fulton St Petoskey, MI 49770

Estimated Value: $319,861 - $406,000

4 Beds
2 Baths
1,826 Sq Ft
$196/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $224,000 $123 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,256/month

Highlights

  • Deck
  • Wood Frame Window
  • Living Room
  • Wood Flooring
  • 1 Car Detached Garage
  • 1-minute walk to Bear River Park

About This Home

As of June 2021

Great location, on a corner lot in the heart of Petoskey. This 4 bedroom, 2 bath house includes a fenced in yard and a brand new kitchen,all within walking distance to Petoskey's Gaslight District and waterfront. Boasting 1800 square feet of living space with a full basement.This home is ready for you as is, or to take on your personal touches. Real estate in Northern Michigan is at a premium and this onewont last long!

Last Agent to Sell the Property

Franc Doud

Franc Doud, Realtor Listed on: 03/16/2021

Last Buyer's Agent

Franc Doud

Franc Doud, Realtor Listed on: 03/16/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,540

Lot Details

  • Property is zoned COP RM-2

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,826 Sq Ft Home
  • Insulated Windows
  • Wood Frame Window
  • Living Room
  • Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Driveway

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 52-19-06-402-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,540

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 03/19/2021
  • Measurement Source: Assessor
  • Section: 6
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Deck, Dryer, Paved Drive, Range, Refrigerator, Washer, Wood Floors, Paved Road
  • Total Finished Sq Ft: 1826
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Main
  • Total Rooms: 9
  • Basement: Full
  • 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: 1826
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Upper
  • Number Of Bedrooms: 4
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Wood Sash, Insulated

Exterior Features

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

Garage/Parking

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

Utilities

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

Schools

  • School District: Petoskey

Lot Info

  • Zoning: COP RM-2

Tax Info

  • Assessor Parcel Number: 52-19-06-402-014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2021
Closed on
Jun 25, 2021
Sold by
Lewis Justin L
Bought by
Salfai William and Salfai Amy
Seller's Agent
Franc Doud
Franc Doud, Realtor
Buyer's Agent
Franc Doud
Franc Doud, Realtor
List Price
$219,900
Sold Price
$224,000
Premium/Discount to List
$4,100
1.86%
Current Estimated Value
$358,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,215
Avg. Annual Appreciation
12.04%
Original Mortgage
$219,942
Outstanding Balance
$199,995
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$158,220

Purchase Details

Listed on
Sep 22, 2015
Closed on
Dec 8, 2015
Sold by
Louise Rayon Trust
Bought by
Lewis Justin L and Lewis Amber N
Seller's Agent
Ron Hausler
Real Estate One
Buyer's Agent
Jeff Meads
Lynda's Real Estate Service
List Price
$119,000
Sold Price
$114,900
Premium/Discount to List
-$4,100
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.78%
Original Mortgage
$103,410
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1984
Bought by
Rayon
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Salfai William $224,000 --
Lewis Justin L $114,900 Talon Title Agency
Rayon $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salfai William $219,942
Previous Owner Lewis Justin L $103,410
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $224,000 +1.9% $123 / Sq Ft
03/16/2021 03/16/21 For Sale $219,900 +91.4% $120 / Sq Ft
12/08/2015 12/08/15 Sold $114,900 -3.4% $72 / Sq Ft
09/25/2015 09/25/15 Pending -- -- --
09/22/2015 09/22/15 For Sale $119,000 -- $74 / 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 $3,540 $138,400 $138,400 $0
2024 $3,540 $118,700 $118,700 $0
2023 $3,247 $98,700 $98,700 $0
2022 $3,247 $93,100 $93,100 $0
2021 $2,418 $84,900 $84,900 $0
2020 $2,444 $68,000 $68,000 $0
2019 -- $66,900 $66,900 $0
2018 -- $69,100 $69,100 $0
2017 -- $77,400 $77,400 $0
2016 -- $71,500 $71,500 $0
2015 -- $69,500 $0 $0
2014 -- $65,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 464502

Northern Michigan MLS

APN: 52-19-06-402-014