NOT LISTED FOR SALE

138 E Sheridan St Unit 5 Petoskey, MI 49770

Estimated Value: $367,901 - $520,000

2 Beds
1 Bath
800 Sq Ft
$565/Sq Ft Est. Value

About This Home

This home is located at 138 E Sheridan St Unit 5, Petoskey, MI 49770 and is currently estimated at $451,975, approximately $564 per square foot. 138 E Sheridan St Unit 5 is a home located in Emmet County with nearby schools including Petoskey High School, St. Francis Xavier School, and Petoskey Sda Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2024
Sold by
Rock Investment Company Llc
Bought by
Ljm Land Company Llc
Current Estimated Value
$451,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,875,000
Outstanding Balance
$1,850,377
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
-$1,399,553

Purchase Details

Closed on
Sep 4, 2019
Sold by
Bear River Rentals Llc
Bought by
Drost Travis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 29, 2014
Sold by
Lee A Lee A
Bought by
Bear River Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 8, 2001
Sold by
Vanslembrouck Lee A and Vanslembrouck Christine
Bought by
Turk John H and Houlmont Bruce

Purchase Details

Closed on
Jun 30, 2000
Bought by
Vanslembrouck Lee A and Vanslembrouck Christine

Purchase Details

Closed on
Jun 1, 1994
Bought by
Homestead
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Ljm Land Company Llc -- Cislo Title Company
Rock Investments Company Llc -- --
Drost Travis $275,000 Attorneys Title
Bear River Rentals Llc $160,000 Ppr Title Agency
Turk John H $310,000 --
Vanslembrouck Lee A $195,000 --
Homestead $128,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rock Investments Company Llc $1,875,000
Closed Ljm Land Company Llc $625,000
Previous Owner Drost Travis $1
Previous Owner Bear River Rentals Llc $0
Previous Owner Bear River Rentals Llc $15,000
Previous Owner Bear River Rentals Llc $256,000
Previous Owner Vanslembrouck Lee A $25,000
Source: Public Records

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 $5,332 $263,200 $25,700 $237,500
2024 $5,332 $150,000 $25,700 $124,300
2023 $5,097 $96,400 $16,300 $80,100
2022 $5,097 $96,400 $17,200 $79,200
2021 $5,115 $96,400 $7,900 $88,500
2020 $5,200 $96,400 $7,900 $88,500
2019 -- $96,400 $7,900 $88,500
2018 -- $96,400 $7,900 $88,500
2017 -- $96,400 $7,900 $88,500
2016 -- $77,500 $7,900 $69,600
2015 -- $105,500 $0 $0
2014 -- $105,500 $0 $0
Source: Public Records

Map

Michigan Emmet County Petoskey 49770

138 E Sheridan St Unit 5, Petoskey, MI

This home is located at 138 E Sheridan St Unit 5, Petoskey, MI 49770 and is currently estimated at $451,975, approximately $564 per square foot. 138 E Sheridan St Unit 5 is a home located in Emmet County with nearby schools including Petoskey High School, St. Francis Xavier School, and Petoskey Sda Elementary 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.

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