NOT LISTED FOR SALE

1419 Willis Ave Petoskey, MI 49770

Estimated Value: $248,000 - $303,000

3 Beds
1 Bath
1,404 Sq Ft
$202/Sq Ft Est. Value

Last Sold April 25, 2023

Last sale price $210,000 $150 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,996/month

99 Days on Market

Highlights

  • Water Views
  • Traditional Architecture
  • Porch
  • Wooded Lot
  • Mud Room
  • Garden Windows

About This Home

As of April 2023

Exciting opportunity to own a HOME on almost 1 acre lot less than 2 miles from LAKE MICHIGAN Little Traverse Bay in the City of Petoskey. The Home offers 2-3 bedrooms, 1 bath, A fixer upper on a private Larger Lot with beautiful surrounding Trees. This Petoskey Home is close to everything Northern Michigan has to Offer. Main Level Open Floor Design ready for Your Rehab....Let your Imagination go and redesign this ''down to the Studs'' space. Whether you are looking for your first home, second home, or investment opportunity, this property will serve your needs. The Home has Many Great features and character that will not disappoint! There are projects to be completed, However, the seller had begun renovations with a NEW Metal Roof (5yrs old), Newer Vinyl Insulated windows in most of the Ho and Most Demo work complete. The Home is in an Estate being offered as is. The home also features 2 garden sheds for all your outdoor yard equipment. The quiet, peaceful neighborhood allows for an easy drive to Petoskey's quaint shops, Conveniently located near the Odawa Casino, restaurants, shops, the beautiful waterfront and all of the charm that Petoskey has to offer. Northern Michigan is known for year-round recreation from ski hills to golfing, Trails for hiking, cycling and even snowmobiling share the stunning scenery with State parks, wineries and Michigan's glorious Natural Treasures on the Coast. Take this opportunity to create your own Northern Michigan homestead, This is the perfect project to call HOME!

Last Agent to Sell the Property

Michelle Hernandez Sarto

Five Star Real Estate - Ludington License #6501400824 Listed on: 11/14/2022

Last Buyer's Agent

Non Member

Non Member Office-SWMR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,404

Year Built

  • Built in 1964

Lot Details

  • 0.91 Acre Lot
  • Lot Dimensions are 198 x 197
  • Shrub
  • Wooded Lot
  • Property is zoned COP R-2, COP R-2

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,404 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Garden Windows
  • Mud Room
  • Family Room with Fireplace
  • Water Views
  • Partial Basement
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Shed
  • Storage Shed
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Internet Available
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,404

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1964
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 168.8
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 198 x 197
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1404.0
  • General Property Info:Main Level Primary: No
  • Tax Info:Annual Property Tax: 1404.43
  • Tax Info:Zoning3: COP R-2
  • Lot Description:Wooded: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Util Avail at Street:Electric: Yes
  • Substructure:Partial: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Windows:Insulated Windows: Yes
  • General Property Info:Fireplace: Yes
  • Driveway:Gravel: Yes
  • Additional Items:Ceiling Fans: Yes
  • Water Heater:Natural Gas4: Yes
  • Roofing:Metal: Yes
  • General Property Info:SqFt Above Grade: 1404.0
  • General Property Info Garage YN: No
  • Architectural Style:Traditional: Yes
  • Other Structures:Storage Shed: Yes
  • Remarks Misc: Public Remarks: Exciting opportunity to own a HOME on almost 1 acre lot less than 2 miles from LAKE MICHIGAN Little Traverse Bay in the City of Petoskey. The Home offers 2-3 bedrooms, 1 bath, A fixer upper on a private Larger Lot with beautiful surrounding Trees. This Petoskey Home is close to everything Northern Michigan has to Offer. Main Level Open Floor Design ready for Your Rehab....Let your Imagination go and redesign this ''down to the Studs'' space. Whether you are looking for your first home, second home, or investment opportunity, this property will serve your needs. The Home has Many Great features and character that will not disappoint! There are projects to be completed, However, the seller had begun renovations with a NEW Metal Roof (5yrs old), Newer Vinyl Insulated windows in most of the Ho
  • Remarks Misc: Agent Only Remarks: **MOTIVATED SELLER : LOOKING TO REVIEW ANY REASONABLE OFFERS! The Home Has been Prepared for any Buyer to step into a clean slate and Begin Re-construction of Areas in the Home. Property sold as is. In an Estate. Home year built identified as 1964 - may be different year. CONTACT LIST AGENT FOR MORE DETAILS 231-690-6801
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range
  • Interior Amenities: Ceiling Fan(s), Broadband
  • Fireplace Features: Family Room, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Partial
  • LivingArea: 1404.0
  • Window Features: Insulated Windows, Garden Window
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 980.0
  • Appliances Range: Yes
  • Kitchen Features:Mud Room Access: Yes
  • Fireplace:Family: Yes
  • Fireplace:Wood Burning: Yes
  • Kitchen Features:Garden Window: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 237000.0
  • Lot Features: Wooded
  • Other Structures: Shed(s)
  • Patio and Porch Features: Porch(es)
  • Road Surface Type: Paved
  • Roof: Metal
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Patio and Porch Features:Porch(es): Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Available, Electricity Available, Cable Available, Natural Gas Connected, Cable Connected
  • Water Source: Public

Association/Amenities

  • Water Fea Amenities:Public Access 1 Mile or Less: Yes
  • Water Fea Amenities:View: Yes

Lot Info

  • Lot Size Acres: 0.91
  • Lot Size Area: 0.91
  • Lot Dimensions: 198 x 197
  • Lot Size Sq Ft: 39486.0
  • Zoning Description: COP R-2

Tax Info

  • Tax Annual Amount: 1404.43
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2022
Closed on
May 4, 2023
Sold by
Maglothin Guy and The Estate Of Jeff W Maglothin
Bought by
Turcott Kathleen L
Seller's Agent
Michelle Hernandez Sarto
Five Star Real Estate - Ludington
Buyer's Agent
Non Member
Non Member Office-SWMR
List Price
$290,000
Sold Price
$210,000
Premium/Discount to List
-$80,000
-27.59%
Views
309
Current Estimated Value
$283,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,457
Avg. Annual Appreciation
12.13%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Turcott Kathleen L $210,000 Lakeshore Land & Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2023 04/25/23 Sold $210,000 -11.4% $150 / Sq Ft
02/20/2023 02/20/23 Price Changed $237,000 -4.0% $169 / Sq Ft
02/01/2023 02/01/23 Price Changed $247,000 -1.2% $176 / Sq Ft
01/17/2023 01/17/23 Price Changed $250,000 -12.3% $178 / Sq Ft
01/11/2023 01/11/23 Price Changed $285,000 -0.7% $203 / Sq Ft
12/28/2022 12/28/22 Price Changed $287,000 -0.2% $204 / Sq Ft
12/16/2022 12/16/22 Price Changed $287,500 -0.7% $205 / Sq Ft
12/12/2022 12/12/22 Price Changed $289,500 -0.2% $206 / Sq Ft
11/14/2022 11/14/22 For Sale $290,000 -- $207 / Sq Ft
Source: MichRIC

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 $6,079 $114,000 $114,000 $0
2024 $6,079 $115,400 $115,400 $0
2023 $1,423 $83,900 $83,900 $0
2022 $1,423 $73,200 $73,200 $0
2021 $1,385 $67,500 $67,500 $0
2020 $1,400 $63,000 $63,000 $0
2019 -- $62,300 $62,300 $0
2018 -- $47,800 $47,800 $0
2017 -- $45,900 $45,900 $0
2016 -- $45,800 $45,800 $0
2015 -- $46,800 $0 $0
2014 -- $48,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 22047927

MichRIC

APN: 52-19-07-201-022