NOT LISTED FOR SALE

1603 Eppler Rd Petoskey, MI 49770

Estimated Value: $506,000 - $571,000

5 Acres
$109,558 Price per Acre
217,800 Sq Ft Lot

Last Sold August 30, 2018

Last sale price $111,000 $56 Per Sq Ft

Est. 423% increase in value since last sale

Current estimated payment $3,413/month

16 Days on Market

Highlights

  • Guest House
  • 5 Acre Lot
  • Farm
  • Barn
  • Deck
  • Cathedral Ceiling

About This Lot

As of August 2018

The home is an older home with lots of potential. Fire damage is going to require a new roof but most of the home is undamaged and there is a small guest home with the property as well. The home has a barn and 5 acres close to town and could be a great hobby farm for the right person. This is a cash only sale as the damage will not allow it to be financed. When showing please be aware of the upstairs as it is missing a railing but roof has been tarped off. This could be a great project for the right person to make into a great home!

Last Agent to Sell the Property

Matt Sura

WaterWonderland Board Listed on: 07/15/2018

Last Buyer's Agent

Geno D'angelo

Real Broker

Real Broker

Property Details

Property Type

  • Land

Lot Details

  • 5

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,000 Sq Ft Home
  • Cathedral Ceiling
  • Wood Frame Window
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring
  • Michigan Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Farming

  • Barn
  • Farm

Utilities

  • Hot Water Baseboard Heater
  • Well
  • Electric Water Heater
  • Septic System

Additional Features

  • Deck
  • 5 Acre Lot
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 13-18-12-400-001

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Type 2: FARM
  • Lvt Date: 07/17/2018
  • Section: 12
  • S E V Yr: 105,000/2017
  • Second Address Number: 1603
  • Directions: From Petoskey take Sheridan Road to Eppler Road and turn left and home is on the left.
  • OFFICELIST_STATE: MI
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Features: Cathedral Ceilings, Deck, Dryer, Washer, Wood Floors, Paved Road
  • Total Finished Sq Ft: 2000
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Basement: Michigan
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: N/A
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 2000
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Upper
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Rooms 1: On Level: Main
  • Rooms 2: On Level: Main
  • Windows: Wood Sash

Exterior Features

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

Utilities

  • Heat Type: Hot Water Baseboard
  • Sewer: Septic
  • Water: Well
  • Water Heater: Electric

Schools

  • School District: Petoskey

Lot Info

  • Estimated Number of Acres: 5
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 13-18-12-400-001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2020
Sold by
Jerry Duran
Bought by
Philip Duran and Philip Ann
Current Estimated Value
$580,963

Purchase Details

Listed on
Jul 15, 2018
Closed on
Aug 23, 2018
Sold by
Bank Of New York Mellon
Bought by
Duran Jerry and Duran Phil
Seller's Agent
Matt Sura
WaterWonderland Board
Buyer's Agent
Geno D'angelo
Real Broker
List Price
$78,000
Sold Price
$111,000
Premium/Discount to List
$33,000
42.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.11%

Purchase Details

Closed on
Aug 10, 2006
Sold by
Tabone Mary Ann
Bought by
Tabone Mary Ann Life Estate

Purchase Details

Closed on
Jul 24, 2006
Sold by
Tabone Mario
Bought by
Tabone Mary Ann

Purchase Details

Closed on
May 3, 2002
Sold by
Mccord Charles and Mccord Virginia
Bought by
Tabone Mario and Mary Ann

Purchase Details

Closed on
Aug 1, 1994
Bought by
Mccord +4000P Rps

Purchase Details

Closed on
Apr 1, 1989
Sold by
Lambert Wd L422 P481
Bought by
Baker Perliz

Purchase Details

Closed on
Jul 1, 1987
Bought by
Lambert
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
Philip Duran -- --
Duran Jerry $111,000 --
Duran Jerry $111,000 --
Tabone Mary Ann Life Estate -- --
Tabone Mary Ann -- --
Tabone Mario $250,000 --
Mccord +4000P Rps $179,000 --
Baker Perliz $130,000 --
Lambert -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2018 08/30/18 Sold $111,000 +42.3% $56 / Sq Ft
07/15/2018 07/15/18 For Sale $78,000 -- $39 / 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 $4,871 $277,400 $27,500 $249,900
2024 $22 $246,900 $27,500 $219,400
2023 $4,113 $200,000 $0 $0
2022 $4,113 $176,600 $22,500 $154,100
2021 $2,845 $137,400 $22,500 $114,900
2020 $2,800 $121,600 $0 $121,600
2019 -- $118,900 $24,400 $94,500
2018 -- $105,900 $24,400 $81,500
2017 -- $107,900 $24,400 $83,500
2016 -- $95,200 $24,400 $70,800
2015 -- $94,400 $0 $0
2014 -- $88,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northern Michigan MLS

MLS Number: 456000

Northern Michigan MLS

APN: 13-18-12-400-001