NOT LISTED FOR SALE

1243 Krusel St Petoskey, MI 49770

Estimated Value: $346,417 - $455,000

4 Beds
2 Baths
2,600 Sq Ft
$156/Sq Ft Est. Value

Last Sold February 19, 2019

Last sale price $197,000 $76 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $2,520/month

94 Days on Market

Highlights

  • Deck
  • First Floor Utility Room
  • Living Room
  • Main Floor Primary Bedroom
  • Thermal Windows
  • Shed

About This Home

As of February 2019

Truly a hidden gem! This 4-bedroom, 2 bath home was built in 2001 and is tucked on a spacious lot just blocks from the Petoskey Public School campus. The house has a charming, open floor plan with spacious kitchen, dining room, and living room all flowing into each other. The main floor also features a master suite with jacuzzi tub and large walk-in closet as well as two additional bedrooms and a full bath. The first-floor laundry has an exterior door that makes it ideally suited to be used as a second entrance with mudroom potential. The spacious lower level has brand new carpet and large daylight windows that make the space warm and inviting which dramatically expands the homes living space. Also, you will find the fourth bedroom and an additional room that could be used as an office/den/craft room, etc. on this level. Numerous updates include; hot water heater in 2018, iron removal system in 2018, carpeting in the lower level in 2018, composite decking front porch in 2017, living and dining room windows - 2017, flooring in first-floor living areas in 2017, dishwasher 2016, washing machine 2016.

Last Agent to Sell the Property

David Shuman

Bay North Realty Co. Listed on: 10/03/2018

Last Buyer's Agent

Kurt Jacobs

Alpine Realty Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 0.35

Home Design

  • Asphalt Shingled Roof
  • Modular or Manufactured Materials

Interior Spaces

  • 2,600 Sq Ft Home
  • Ceiling Fan
  • Thermal Windows
  • Insulated Windows
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 52-19-05-455-002

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2001
  • Lvt Date: 10/05/2018
  • Section: 5
  • Second Address Number: 1243.5
  • Directions: East on Mitchell, south on Kalamazoo, east on Hazelton, south on Krusel
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Features: Cable, Ceiling Fans, Deck, Dishwasher, Dryer, Garbage Disposal, Range, Refrigerator, Washer, Paved Road
  • Total Finished Sq Ft: 2600
  • Master Bedroom: Dimensions: 11.2x13.3, On Level: Main
  • Bedroom 2: Dimensions: 11x10, On Level: Main
  • Bedroom 3: Dimensions: 10x13.3, On Level: Main
  • Bedroom 4: Dimensions: 13x13.9, On Level: Lower
  • Basement: Full, Finished
  • Dining Room: Dimensions: 9.8x13.3, On Level: Main
  • Kitchen: Dimensions: 9x13.3, On Level: Main
  • Family Room: Dimensions: 34x13, On Level: Lower
  • Living Room: Dimensions: 20.7x13.3, On Level: Main
  • Above Grade Finished Sq Ft: 1500
  • Bathroom 1: Dimensions: 8x7 master, On Level: Main
  • Bathroom 2: Dimensions: 5x9.9, On Level: Main
  • Number Of Bedrooms: 4
  • Full Bathrooms: 2
  • Rooms 1: Dimensions: 13x17 Den/Office, On Level: Lower
  • Rooms 2: On Level: N/A
  • Windows: Thermo, Insulated

Exterior Features

  • Construction: Modular-BOCA-Wood Frame
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Utilities

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

Schools

  • School District: Petoskey

Lot Info

  • Zoning: Res

Tax Info

  • Assessor Parcel Number: 52-19-05-455-002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2018
Closed on
Feb 19, 2019
Sold by
Whitney Ashley E
Bought by
Damm Adam J
Seller's Agent
David Shuman
Bay North Realty Co.
Buyer's Agent
Kurt Jacobs
Alpine Realty Group
List Price
$224,900
Sold Price
$197,000
Premium/Discount to List
-$27,900
-12.41%
Current Estimated Value
$444,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,482
Avg. Annual Appreciation
10.95%
Original Mortgage
$187,150
Outstanding Balance
$162,855
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$242,249

Purchase Details

Closed on
Feb 23, 2007
Sold by
Golke Phil and Golke Rebekah
Bought by
Neitzke Mina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,050
Interest Rate
6.28%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 29, 2001
Sold by
Goodrich Troy and Goodrich Jennifer
Bought by
Golke Phil and Golke Rebekah
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
Damm Adam J $197,000 --
Neitzke Mina $163,300 --
Neitzke Mina $163,300 --
Golke Phil $89,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Damm Adam J $187,150
Previous Owner Neitzke Mina $150,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2019 02/19/19 Sold $197,000 -3.9% $76 / Sq Ft
12/04/2018 12/04/18 Price Changed $204,900 -4.7% $79 / Sq Ft
10/17/2018 10/17/18 Price Changed $214,900 -4.4% $83 / Sq Ft
10/03/2018 10/03/18 For Sale $224,900 -- $87 / Sq Ft
Source: Northern Michigan MLS

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 $2,503 $193,900 $193,900 $0
2024 $24 $154,000 $154,000 $0
2023 $2,296 $146,200 $146,200 $0
2022 $2,296 $141,400 $141,400 $0
2021 $2,234 $117,200 $117,200 $0
2020 $2,259 $98,800 $98,800 $0
2019 -- $97,600 $97,600 $0
2018 -- $96,300 $96,300 $0
2017 -- $84,800 $84,800 $0
2016 -- $78,900 $78,900 $0
2015 -- $77,000 $0 $0
2014 -- $72,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 456819

Northern Michigan MLS

APN: 52-19-05-455-001