NOT LISTED FOR SALE

1566 Emerald Ct Petoskey, MI 49770

Estimated Value: $303,000 - $338,000

2 Beds
2 Baths
1,220 Sq Ft
2002 Built

Last Sold September 06, 2019

Last sale price $165,000 $135 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,922/month

2 Days on Market

Highlights

  • Cathedral Ceiling
  • Thermal Windows
  • Living Room
  • Main Floor Primary Bedroom
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of September 2019

Affordable living in one of Petoskey's most desirable developments. This 2 bedroom, 2 bath upper condo is spotless and conveniently located to hospital, restaurants, shopping, movie theatre and just a short distance to downtown Petoskey. Complete with attached garage.

Last Agent to Sell the Property

Doug Nowels

Real Estate One Listed on: 07/24/2019

Real Estate One

Last Buyer's Agent

Mark Ashley

Coldwell Banker Schmidt - Petoskey License #6502139858

Coldwell Banker Schmidt - Petoskey

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,829

Year Built

  • Built in 2002

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,220 Sq Ft Home
  • Cathedral Ceiling
  • Thermal Windows
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • The Meadows Association

Listing and Financial Details

  • Assessor Parcel Number 01-19-07-155-186

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,829

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2002
  • Lvt Date: 07/24/2019
  • Section: 7
  • Second Address Number: 1566
  • Directions: U.S. 131 to Anderson Road to the Meadows condominiums. Left on Emerald Court.
  • Price per Sq Ft: 135.25
  • OFFICELIST_STATE: MI
  • Street Designation: Court
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2002

Interior Features

  • Features: Cable, Cathedral Ceilings, Central Air, Dishwasher, Dryer, Paved Drive, Range, Washer
  • Total Finished Sq Ft: 1220
  • Master Bedroom: Dimensions: 12 x 12, On Level: Main
  • Bedroom 2: Dimensions: 11 x 11, On Level: Main
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Total Rooms: 5
  • Dining Room: Dimensions: 10 x 14, On Level: Main
  • Kitchen: Dimensions: 10 x 14, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 14 x 14, On Level: Main
  • Above Grade Finished Sq Ft: 1220
  • Bathroom 1: Dimensions: Full, On Level: Main
  • Bathroom 2: Dimensions: Full, On Level: Main
  • Number Of Bedrooms: 2
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Thermo

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: The Meadows
  • Association: Yes
  • Condo Unit Number: 86
  • Condo: Yes
  • Fees: $185m

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 01-19-07-155-186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2023
Sold by
Drader Darold G and Drader Patricia J
Bought by
Carey Frank and Carey Deborah S
Current Estimated Value
$318,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,650
Outstanding Balance
$218,215
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$99,875

Purchase Details

Closed on
May 19, 2021
Sold by
Drader Darold G
Bought by
Drader Darold G and Drader Patricia J

Purchase Details

Listed on
Jul 24, 2019
Closed on
Sep 6, 2019
Sold by
Moster Ellen E
Bought by
Drader Darold G and Drader Patricia J
Seller's Agent
Doug Nowels
Real Estate One
Buyer's Agent
Mark Ashley
Coldwell Banker Schmidt - Petoskey
List Price
$169,000
Sold Price
$165,000
Premium/Discount to List
-$4,000
-2.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.40%
Original Mortgage
$123,750
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Carey Frank $248,500 Talon Title Agency
Drader Darold G -- --
Drader Darold G $165,000 Talon Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carey Frank $223,650
Previous Owner Drader Darold G $123,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2019 09/06/19 Sold $165,000 -2.4% $135 / Sq Ft
07/24/2019 07/24/19 For Sale $169,000 -- $139 / 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 $2,829 $126,300 $126,300 $0
2024 $2,829 $114,500 $114,500 $0
2023 $1,849 $99,200 $99,200 $0
2022 $1,849 $87,200 $87,200 $0
2021 $1,789 $80,500 $80,500 $0
2020 $1,756 $71,100 $71,100 $0
2019 $1,559 $69,800 $69,800 $0
2018 $1,522 $67,100 $67,100 $0
2017 -- $64,400 $64,400 $0
2016 -- $62,400 $62,400 $0
2015 -- $62,400 $0 $0
2014 -- $67,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Doug Nowels

    Seller's Agent in 2019

    Doug Nowels

    Real Estate One

    (231) 838-2007

    43 in this area

    89 Total Sales

    Doug Nowels
    Section Image
  • Mark Ashley

    Buyer's Agent in 2019

    Mark Ashley

    Coldwell Banker Schmidt - Petoskey

    (231) 330-3999

    18 in this area

    64 Total Sales

    Mark Ashley
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 459577

Northern Michigan MLS

APN: 01-19-07-155-186

Michigan Emmet County Petoskey 49770

1566 Emerald Ct, Petoskey, MI

This home is located at 1566 Emerald Ct, Petoskey, MI 49770 since 24 July 2019 and is currently estimated at $318,090, approximately $260 per square foot. This property was built in 2002. 1566 Emerald Ct is a home located in Emmet County with nearby schools including Petoskey High School, St. Francis Xavier School, and Petoskey Montessori Children's.

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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