NOT LISTED FOR SALE

1502 Willis Ave Petoskey, MI 49770

Estimated Value: $354,000 - $417,000

5 Beds
2 Baths
1,817 Sq Ft
$215/Sq Ft Est. Value

Last Sold December 12, 2014

Last sale price $148,000 $81 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $2,320/month

55 Days on Market

Highlights

  • Water Views
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • Deck
  • Lower Floor Utility Room
  • Living Room

About This Home

As of December 2014

Large family home in Petoskey on estate sized parcel. 1817 square foot of living on the main level which does not include a mostly finished lower family area. The lower level walkout with existing fireplace needs finishing touches to add tremendous value. Partial Lake Michigan view from Dining and Living room. Home includes front and back decks for additional outdoor living space of 353 square foot.

Last Agent to Sell the Property

Jeff Wellman

@properties Christie's International Real Estate - Petoskey Listed on: 08/07/2014

@properties Christie's International Real Estate - Petoskey

Last Buyer's Agent

Mark Ashley

Coldwell Banker Schmidt - Petoskey License #6502139858

Coldwell Banker Schmidt - Petoskey

Home Details

Home Type

  • Single Family

Lot Details

  • 0.9

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,817 Sq Ft Home
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Water Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

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

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater
  • Septic System

Additional Features

  • Deck
  • Lot Dimensions are 132 x 297

Listing and Financial Details

  • Assessor Parcel Number 52-19-07-201-032

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Measurement Source: Appraiser
  • Section: 7
  • S E V Yr: 90,700./2014
  • Survey: Y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Deck
  • Total Finished Sq Ft: 1817
  • Master Bedroom: Dimensions: 12 x 22, On Level: Main
  • Bedroom 2: Dimensions: 12 x 15, On Level: Main
  • Bedroom 3: Dimensions: 9 x 12, On Level: Main
  • Bedroom 4: Dimensions: 9 x 13, On Level: Main
  • Basement: Full
  • Dining Room: Dimensions: 10 x 12, On Level: Main
  • Kitchen: Dimensions: 11 x 12, On Level: Main
  • Family Room: Dimensions: 25 x 42, On Level: Lower
  • Living Room: Dimensions: 15 x 16, On Level: Main
  • Above Grade Finished Sq Ft: 1817
  • Bathroom 1: Dimensions: 8 x 8, On Level: Main
  • Bathroom 2: Dimensions: 5 x 10, On Level: Main
  • Number Of Bedrooms: 5
  • Full Bathrooms: 2
  • Rooms 1: Dimensions: 12 x 12, On Level: Main
  • Rooms 2: On Level: N/A
  • Windows: Aluminum

Exterior Features

  • Construction: Wood Frame/Site Built
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither
  • Water View: Y

Garage/Parking

  • Garage Carport: Garage-Attached
  • Gar Car Capacity: Two

Utilities

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

Lot Info

  • Estimated Lot Dimensions: 132 X 297
  • Lot: Y
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 52-19-07-201-032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2019
Sold by
Harrington David
Bought by
Harrington David and Searles Jessica
Current Estimated Value
$390,159

Purchase Details

Listed on
Aug 7, 2014
Closed on
Dec 12, 2014
Sold by
Linda J Linda J
Bought by
Harrington David
Seller's Agent
Jeff Wellman
@properties Christie's International Real Estate - Petoskey
Buyer's Agent
Mark Ashley
Coldwell Banker Schmidt - Petoskey
List Price
$160,000
Sold Price
$148,000
Premium/Discount to List
-$12,000
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.15%
Original Mortgage
$146,840
Interest Rate
3.99%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 15, 2014
Sold by
Brant Robert G and Brant Linda J
Bought by
Brant Linda J

Purchase Details

Closed on
Oct 8, 1999
Sold by
Howse Arnold
Bought by
Brant Robert G and Brant Linda J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Harrington David -- Attorneys Title
Harrington David $148,000 Barron Title Agency
Brant Linda J $12,000 --
Brant Robert G $139,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harrington David $146,840
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2014 12/12/14 Sold $148,000 -7.5% $81 / Sq Ft
10/01/2014 10/01/14 Pending -- -- --
08/07/2014 08/07/14 For Sale $160,000 -- $88 / 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 $3,374 $162,000 $162,000 $0
2024 $32 $159,400 $159,400 $0
2023 $3,094 $117,400 $117,400 $0
2022 $3,094 $114,500 $114,500 $0
2021 $3,011 $104,900 $104,900 $0
2020 $3,044 $84,700 $84,700 $0
2019 -- $83,400 $83,400 $0
2018 -- $82,700 $82,700 $0
2017 -- $80,000 $80,000 $0
2016 -- $95,400 $95,400 $0
2015 -- $92,100 $0 $0
2014 -- $90,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 441838

Northern Michigan MLS

APN: 52-19-07-201-032