NOT LISTED FOR SALE

1555 Townsend Rd Petoskey, MI 49770

Estimated Value: $588,000 - $782,000

4 Beds
4 Baths
2,833 Sq Ft
$241/Sq Ft Est. Value

Last Sold July 14, 2020

Last sale price $426,000 $150 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,988/month

399 Days on Market

Highlights

  • 2 Acre Lot
  • Wood Flooring
  • Main Floor Primary Bedroom
  • Deck
  • Pole Barn
  • First Floor Utility Room

About This Home

As of July 2020

Stunning property offering complete privacy and only 5 minutes from Petoskey. Located just off US 31 South across from Bay Harbor on quiet Townsend Road (which has road end access to Walloon Lake) this very unique home and property will invoke a feeling of complete relaxation whether you are coming from work for the day or just came north for the weekend. The comprehensive remodeling of this home is absolutely perfect featuring a gourmet kitchen flanked by a dinning space with custom built-ins, and an amazing banquette and farm table which is adjacent to the sunken living room on one side and a private outdoor entertaining space on the other. In addition to that the master suite, office/kids play room, two bedrooms, full bath, powder room and large pantry can all be found on this main level. In the lower level there is a large family room, additional half bath, an office area, and even another space that has been cleverly converted to accommodate that one extra guest. The over-sized garage even has a large "mud room" type storage area for all seasons but there is still more.... Across the driveway from the home is large workshop/garage plus an additional storage barn with all kinds of possibilities. This property has everything!

Last Agent to Sell the Property

Michael MacCarthy

Gaslight Group Properties Listed on: 05/02/2019

Last Buyer's Agent

Amanda Conklin

Real Estate One

Real Estate One

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 330 x 264
  • Property is zoned FF

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,833 Sq Ft Home
  • Ceiling Fan
  • Wood Frame Window
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Car Garage
  • Driveway

Outdoor Features

  • Deck
  • Pole Barn
  • Shed

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 13-18-10-300-001

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1968
  • Lvt Date: 05/03/2019
  • Section: 10
  • Second Address Number: 1555
  • Directions: From Petoskey take US 31 towards Charelvoix to Townsend Road. Home is on the left with private drive. Not visible from the road.
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1968

Interior Features

  • Features: Cable, Ceiling Fans, Deck, Dishwasher, Dryer, Garbage Disposal, Paved Drive, Range, Refrigerator, Washer, Wood Floors
  • Total Finished Sq Ft: 2833
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: N/A
  • Basement: Full, Walkout, 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: 1919
  • Bathroom 1: Dimensions: full, On Level: Main
  • Bathroom 2: Dimensions: full, On Level: Main
  • Number Of Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Rooms 1: Dimensions: 1/2 bath, On Level: Lower
  • Rooms 2: On Level: N/A
  • Windows: Wood Sash

Exterior Features

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

Garage/Parking

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

Utilities

  • Heat Type: Natural Gas, Hot Water Baseboard
  • Sewer: Septic
  • Water: Well
  • Water Heater: Natural Gas

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 330 x 264
  • Estimated Number of Acres: 2
  • Zoning: FF

Tax Info

  • Assessor Parcel Number: 13-18-10-300-001

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2019
Closed on
Jul 14, 2020
Sold by
Hubbard Alison M
Bought by
Grimes Nicholas and Grimes Jacquelyn
Seller's Agent
Michael MacCarthy
Gaslight Group Properties
Buyer's Agent
Amanda Conklin
Real Estate One
List Price
$459,900
Sold Price
$426,000
Premium/Discount to List
-$33,900
-7.37%
Current Estimated Value
$682,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,082
Avg. Annual Appreciation
8.87%
Original Mortgage
$336,000
Outstanding Balance
$297,943
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$384,139

Purchase Details

Closed on
Mar 10, 2017
Sold by
Boyer Douglas
Bought by
Hubbard Alison W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.17%
Mortgage Type
Construction

Purchase Details

Closed on
May 27, 2011
Sold by
Fannie Mae
Bought by
Boyer Douglas

Purchase Details

Closed on
Apr 15, 2010
Sold by
Watts Tl
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Grimes Nicholas -- --
Hubbard Alison W $325,000 None Available
Boyer Douglas $127,000 --
Federal National Mortgage Association $234,672 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grimes Nicholas $336,000
Previous Owner Hubbard Alison W $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2020 07/14/20 Sold $426,000 -7.4% $150 / Sq Ft
05/02/2019 05/02/19 For Sale $459,900 -- $162 / 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 $5,352 $295,200 $11,000 $284,200
2024 $24 $262,000 $11,000 $251,000
2023 $4,875 $253,700 $9,500 $244,200
2022 $4,875 $220,800 $9,000 $211,800
2021 $4,691 $202,600 $202,600 $0
2020 $1,595 $133,400 $133,400 $0
2019 -- $131,100 $131,100 $0
2018 -- $89,100 $89,100 $0
2017 -- $89,100 $89,100 $0
2016 -- $87,500 $87,500 $0
2015 -- $73,100 $0 $0
2014 -- $63,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northern Michigan MLS

MLS Number: 458396

Northern Michigan MLS

APN: 13-18-10-300-001