NOT LISTED FOR SALE

1270 Owen Dr Petoskey, MI 49770

Estimated Value: $57,926 - $241,000

8.75 Acres
$12,341 Price per Acre
381,150 Sq Ft Lot

Sale Details

Date Sold: August 21, 2020

Last sale price $40,000

Est. 170% increase in value since last sale

Current estimated payment $666 / mo

159 Days on Market

About This Lot

As of August 2020

Peace and quiet on almost 9 wooded acres just 8 miles from downtown Petoskey. On two sides, the property borders hundreds of acres of Conservancy land with future mountain bike and walking trails being installed. Winding driveway already cut in to give added privacy. Multiple locations perfect for a lower level walkout. This beautiful wooded setting is at the very back of Ridgewood Highlands, a private development of only acreage parcels.

Last Agent to Sell the Property

William Winslow

Coldwell Banker Schmidt- Harbor Springs Listed on: 02/18/2020

Coldwell Banker Schmidt- Harbor Springs

Last Buyer's Agent

William Winslow

Coldwell Banker Schmidt- Harbor Springs Listed on: 02/18/2020

Coldwell Banker Schmidt- Harbor Springs

Property Details

Property Type

  • Land

Lot Details

  • 8.75 Acre Lot
  • Lot Dimensions are 364 x 1073 x 35 x 1177
  • Gentle Sloping Lot
  • Landscaped with Trees
  • Property is zoned EC FF-2

HOA Fees

  • $13 Monthly HOA Fees

Utilities

  • Underground Utilities
  • Phone Available

Community Details

  • Ridgewood Meadows Association

Listing and Financial Details

  • Assessor Parcel Number 14-20-09-100-025

Property Details

Property Type

Land

Lot Details

8.75 Acres

HOA Fees

$13 per month

Listing Details

  • Class: LOTS/LAND
  • Type: Lots/Land
  • Type 2: Lot, Acreage
  • Lvt Date: 02/21/2020
  • Section: 9
  • Survey: y
  • Hd Approved: Y
  • Second Address Number: 1270
  • Directions: From Petoskey, East on E MItchell for ~7.5 miles to Owen Dr; South on Owen Dr ~0.25 miles
  • OFFICELIST_STATE: MI
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Features: Electric, Phone, Hard Wood, Mixed Trees, Under Ground Utilities

Exterior Features

  • Waterfront Water Access: Neither

Condo/Co-op/Association

  • Association: Ridgewood Meadows
  • Association: Yes
  • Fees: 150

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 364 x 1073 x 35 x 1177
  • Estimated Number of Acres: 8.75
  • Zoning: EC FF-2
  • Deed Restrictions: yes
  • Number Of Acres: 6.01 - 10
  • Terrain: Gently Rolling, Gradual

Tax Info

  • Assessor Parcel Number: 14-20-09-100-025

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
Feb 18, 2020
Closed on
Aug 14, 2020
Sold by
Bought by
Seller's Agent
William Winslow
Coldwell Banker Schmidt- Harbor Springs
Buyer's Agent
William Winslow
Coldwell Banker Schmidt- Harbor Springs
List Price
$43,900
Sold Price
$40,000
Premium/Discount to List
-$3,900
-8.88%
Current Estimated Value
$107,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,982
Avg. Annual Appreciation
18.57%

Purchase Details

Listed on
Jul 10, 2018
Closed on
Nov 1, 2018
Sold by
Bought by
Seller's Agent
William Winslow
Coldwell Banker Schmidt- Harbor Springs
Buyer's Agent
William Winslow
Coldwell Banker Schmidt- Harbor Springs
List Price
$39,000
Sold Price
$37,000
Premium/Discount to List
-$2,000
-5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.48%

Purchase Details

Listed on
Mar 13, 2017
Closed on
Mar 8, 2017
Sold by
Bought by
Seller's Agent
Craig Lively
North Shores Realty Group
Buyer's Agent
Craig Lively
North Shores Realty Group
List Price
$30,000
Sold Price
$30,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.38%
Original Mortgage
$45,000
Interest Rate
4.17%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 31, 2003
Bought by
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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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
$40,000 --
$37,000 --
$30,000 Talon Title
$55,000 --
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 $45,000
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 Prior Sale
08/21/2020 08/21/20 Sold $40,000 -8.9% --
02/18/2020 02/18/20 For Sale $43,900 +18.6% --
11/09/2018 11/09/18 Sold $37,000 -5.1% -- View Prior Sale
07/10/2018 07/10/18 For Sale $39,000 +30.0% --
03/13/2017 03/13/17 For Sale $30,000 0.0% --
03/08/2017 03/08/17 Sold $30,000 -- -- View Prior Sale
10/10/2016 10/10/16 Pending -- -- --
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 $870 $35,000 $35,000 $0
2024 $2 $26,000 $26,000 $0
2023 $796 $21,000 $21,000 $0
2022 $796 $20,100 $20,100 $0
2021 $771 $17,200 $17,200 $0
2020 $697 $17,200 $17,200 $0
2019 -- $15,400 $15,400 $0
2018 -- $14,200 $14,200 $0
2017 -- $12,000 $12,000 $0
2016 -- $12,000 $12,000 $0
2015 -- $12,000 $0 $0
2014 -- $17,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 461304

Northern Michigan MLS

APN: 14-20-09-100-025

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