NOT LISTED FOR SALE

1305 E Mitchell St Petoskey, MI 49770

Estimated Value: $707,196 - $859,000

3 Beds
2.5 Baths
2,225 Sq Ft
$348/Sq Ft Est. Value

Last Sold September 21, 2018

Last sale price $330,972 $149 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $4,627/month

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Wood Frame Window
  • Wood Flooring
  • Lower Floor Utility Room
  • 4 Car Detached Garage

About This Home

As of September 2018

Remarkable home on an extremely private lot boasting an abundance of garage space and very close to downtown Petoskey and schools. This classic 1940's Cape Cod feature's the perfect blend of mid-century charm and modern convenience, both the indoor and outdoor living spaces convey a sense of purpose and flow. Location? It's hard to imagine a better in-town lot with significant privacy. There is even a peaceful water feature servicing two different patios that capture the beauty of the lush plantings and idyllic exposure. The house has been redone and needs nothing, houses change, prime locations rarely do, this property is in a prime location. Perfect for a young family or the main floor master makes this an ideal retirement home. Call Mac today for a private showing.

Last Agent to Sell the Property

Michael MacCarthy

Gaslight Group Properties Listed on: 05/16/2018

Last Buyer's Agent

Tom Mooradian

Berkshire Hathaway HomeServices Michigan Real Estate - HS

Berkshire Hathaway HomeServices Michigan Real Estate - HS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,296

Year Built

  • Built in 1941

Lot Details

  • 0.36

Home Design

  • Brick or Stone Mason
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,225 Sq Ft Home
  • Wood Burning Fireplace
  • Wood Frame Window
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Washer
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Parking

  • 4 Car Detached Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 52-19-05-200-089

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,296

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1941
  • Lvt Date: 05/18/2018
  • Section: 5
  • Second Address Number: 1305
  • Directions: East Mitchell from downtown Petoskey on the corner of Bay View Ave.
  • Price per Sq Ft: 148.75
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1941

Interior Features

  • Features: Built In Microwave, Cable, Deck, Dishwasher, Patio, Paved Drive, Range, Refrigerator, Washer, Wood Fireplace, Wood Floors
  • Total Finished Sq Ft: 2225
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: N/A
  • Total Rooms: 10
  • Basement: Full, Finished
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Lower
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 1978
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Wood Sash

Exterior Features

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

Garage/Parking

  • Garage Carport: Garage-Detached
  • Gar Car Capacity: Four +

Utilities

  • Heat Type: Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Zoning: Res

Tax Info

  • Assessor Parcel Number: 52-19-05-200-089

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2018
Closed on
Sep 21, 2018
Sold by
Banks Mark W
Bought by
Werden Spencer D and Werden Mary J
Seller's Agent
Michael MacCarthy
Gaslight Group Properties
Buyer's Agent
Tom Mooradian
Berkshire Hathaway HomeServices Michigan Real Estate - HS
List Price
$389,900
Sold Price
$330,972
Premium/Discount to List
-$58,928
-15.11%
Current Estimated Value
$773,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$442,760
Avg. Annual Appreciation
12.82%
Original Mortgage
$264,778
Outstanding Balance
$230,426
Interest Rate
4.5%
Mortgage Type
Unknown
Estimated Equity
$543,306

Purchase Details

Listed on
Jun 1, 2012
Closed on
Jun 27, 2012
Sold by
Kulman Daniel M and Kulman Julianne W
Bought by
Banks Mark W
Seller's Agent
Michael MacCarthy
Gaslight Group Properties
Buyer's Agent
Michael MacCarthy
Gaslight Group Properties
List Price
$259,900
Sold Price
$259,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.95%
Original Mortgage
$190,000
Interest Rate
3.77%

Purchase Details

Closed on
Jan 22, 1999
Sold by
Raines Margaret S and Raines Wager S
Bought by
Kulman Daniel M and Kulman Julianne W
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
Werden Spencer D $330,973 --
Banks Mark W $259,900 --
Kulman Daniel M $138,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Werden Spencer D $264,778
Previous Owner Banks Mark W $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2018 09/21/18 Sold $330,972 -2.6% $149 / Sq Ft
08/30/2018 08/30/18 Price Changed $339,945 -2.8% $153 / Sq Ft
08/15/2018 08/15/18 Price Changed $349,875 -10.3% $157 / Sq Ft
05/16/2018 05/16/18 For Sale $389,900 +50.0% $175 / Sq Ft
06/27/2012 06/27/12 Sold $259,900 0.0% $124 / Sq Ft
06/01/2012 06/01/12 Pending -- -- --
06/01/2012 06/01/12 For Sale $259,900 -- $124 / 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 $6,296 $291,700 $291,700 $0
2024 $6,296 $258,900 $258,900 $0
2023 $5,774 $241,300 $241,300 $0
2022 $5,774 $197,800 $197,800 $0
2021 $5,619 $188,300 $188,300 $0
2020 $5,681 $162,400 $162,400 $0
2019 -- $155,100 $155,100 $0
2018 -- $162,200 $162,200 $0
2017 -- $155,600 $155,600 $0
2016 -- $157,100 $157,100 $0
2015 -- $145,300 $0 $0
2014 -- $145,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael MacCarthy

    Seller's Agent in 2018

    Michael MacCarthy

    Gaslight Group Properties

    (231) 838-7700

    64 in this area

    188 Total Sales

    Michael MacCarthy
    Section Image
  • Tom Mooradian

    Buyer's Agent in 2018

    Tom Mooradian

    Berkshire Hathaway HomeServices Michigan Real Estate - HS

    (616) 334-6672

    2 in this area

    95 Total Sales

    Tom Mooradian
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 455196

Northern Michigan MLS

APN: 52-19-05-200-089

Michigan Emmet County Petoskey 49770

1305 E Mitchell St, Petoskey, MI

This home is located at 1305 E Mitchell St, Petoskey, MI 49770 since 16 May 2018 and is currently estimated at $773,732, approximately $347 per square foot. This property was built in 1941. 1305 E Mitchell St is a home located in Emmet County with nearby schools including Petoskey High School, Petoskey Montessori Children's, and St. Francis Xavier School.

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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