NOT LISTED FOR SALE

1948 Maxwell Rd Petoskey, MI 49770

Estimated Value: $442,000 - $625,000

9 Acres
$61,084 Price per Acre
392,040 Sq Ft Lot

Last Sold August 16, 2016

Last sale price $50,000

Est. 1,000% increase in value since last sale

Current estimated payment $3,300/month

32 Days on Market

Highlights

  • 288 Feet of Waterfront
  • Creek or Stream
  • Gentle Sloping Lot
  • Landscaped with Trees

About This Lot

As of August 2016

A secluded 9 acre parcel that includes frontage on the Minehaha Creek. Acreage extends to the West over the creek and also borders the beautiful 160 acre McCune Nature Preserve. A wonderful place to build your dream home or cabin and only a 10 min. drive to Petoskey. Enjoy the majestic White Pines that managed to escape the logging days of old. See docs for aerial notations and survey.

Last Agent to Sell the Property

Craig Lively

North Shores Realty Group Listed on: 06/03/2016

North Shores Realty Group

Last Buyer's Agent

Josh Kooiker

Berkshire Hathaway HomeServices Michigan Real Estate - Petoskey

Property Details

Property Type

  • Land

Lot Details

  • 9 Acre Lot
  • 288 Feet of Waterfront
  • Creek or Stream
  • Gentle Sloping Lot
  • Landscaped with Trees

Property Views

  • Water Views

Utilities

  • Well Required
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 14-20-08-400-021

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Lots/Land
  • Type 2: Acreage
  • Lvt Date: 06/06/2016
  • Section: sect 8
  • Survey: Y
  • Road Access: yes
  • Road Frontage Feet: 50'
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Features: Mixed Trees, Stream/Creek

Exterior Features

  • Waterfront Frontage: 288"
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Private Ownership

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Lot Info

  • Estimated Lot Dimensions: 288’ x 1340'
  • Estimated Number of Acres: 9
  • Zoning: res
  • Property Description: Gently rolling with some open and wooded areas. Mixture of trees.
  • Number Of Acres: 6.01 - 10
  • Percent Wooded: 70
  • Terrain: Gently Rolling

Tax Info

  • Assessor Parcel Number: 14-20-08-400-021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2016
Closed on
Aug 16, 2016
Sold by
Fate Robert J and Fate Barbara L
Bought by
Bauknecht Aarron and Bauknecht Hearier
Seller's Agent
Craig Lively
North Shores Realty Group
Buyer's Agent
Josh Kooiker
Berkshire Hathaway HomeServices Michigan Real Estate - Petoskey
List Price
$56,000
Sold Price
$50,000
Premium/Discount to List
-$6,000
-10.71%
Current Estimated Value
$549,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$499,759
Avg. Annual Appreciation
28.88%
Original Mortgage
$37,500
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2010
Sold by
Watson David R and David R Watson Trust Dated Jan
Bought by
Fate Robert J and Fate Barbara L
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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Purchase History

Date Buyer Sale Price Title Company
Bauknecht Aarron $50,000 Tacon Title Agency
Fate Robert J $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bauknecht Aarron $37,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2016 08/16/16 Sold $50,000 -10.7% --
07/05/2016 07/05/16 Pending -- -- --
06/03/2016 06/03/16 For Sale $56,000 -- --
Source: Northern Michigan MLS

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 $5,284 $325,000 $325,000 $0
2024 $21 $292,600 $292,600 $0
2023 $4,863 $240,200 $240,200 $0
2022 $4,863 $196,800 $196,800 $0
2021 $4,708 $190,800 $190,800 $0
2020 $4,573 $186,700 $186,700 $0
2019 -- $180,100 $180,100 $0
2018 -- $148,500 $148,500 $0
2017 -- $18,200 $18,200 $0
2016 -- $18,200 $18,200 $0
2015 -- $18,200 $0 $0
2014 -- $21,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Craig Lively

    Seller's Agent in 2016

    Craig Lively

    RE/MAX Michigan

    (231) 838-7481

    82 Total Sales

    Craig Lively
    Section Image

  • J

    Buyer's Agent in 2016

    Josh Kooiker

    Berkshire Hathaway HomeServices Michigan Real Estate - Petoskey

See All Agents

Map

Source: Northern Michigan MLS

MLS Number: 448579

Northern Michigan MLS

APN: 14-20-08-400-021

Michigan Emmet County Petoskey 49770

1948 Maxwell Rd, Petoskey, MI

Not Listed for Sale

Lots

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