Chris Christensen
Lynda's Real Estate Service
(231) 535-9698
340 Total Sales
5 in Petoskey
$325K - $400K Price Range
1951 E Mitchell Rd Petoskey, MI 49770
Petoskey AreaEstimated Value: $719,445
3
Beds
1
Bath
1,540
Sq Ft
$467/Sq Ft
Est. Value
Highlights
- 9.9 Acre Lot
- 1-Story Property
- Dining Room
- Living Room
- Forced Air Heating System
About This Home
As of July 2021LOCATION LOCATION LOCATION. 9.7+/- acres in Bear Creek Township. Old farm offers so many possibilities. Easily re- zoned to R2. which is consistent with the twp zoning plans. This property has endless opportunities of resd/commercial business possibilities. Located on Mitchell just east of downtown and adjacent to the nature preserve and across from many businesses, this property is one of the last parcels available in this prestigious area of endless business opportunities locations. Would also make a great residential development.
Last Agent to Sell the Property
COLDWELL BANKER SCHMIDT INDIAN RIVER License #6501238231 Listed on: 08/24/2020
Last Buyer's Agent
STEVE HUTCHINSON
CB NORTHERN LAKES - INDIAN RIVER
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Home Details
Home Type
- Single Family
Lot Details
- 9.9 Acre Lot
- Lot Dimensions are 194x162x184x911x426x1122
- Property is zoned R1
Home Design
- Frame Construction
- Shingle Siding
Interior Spaces
- 1,540 Sq Ft Home
- 1-Story Property
- Living Room
- Dining Room
- Laundry on main level
- Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Schools
- Petoskey Elementary School
- Petoskey High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Well
- Municipal Utilities District Sewer
Community Details
- T34n R5w Subdivision
Listing and Financial Details
- Assessor Parcel Number 24-01-19-04-100-003
- Tax Block 4
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 24, 2020
Closed on
Jul 2, 2021
Sold by
Leo P Peterson
Bought by
Seller's Agent
Steven Hutchinson
COLDWELL BANKER SCHMIDT INDIAN RIVER
Buyer's Agent
Steven Hutchinson
COLDWELL BANKER SCHMIDT INDIAN RIVER
Sold Price
$550,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,445
Avg. Annual Appreciation
5.31%
Original Mortgage
$412,500
Outstanding Balance
$366,897
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$352,548
Purchase Details
Closed on
Oct 12, 2018
Sold by
Peterson Leo P and Kabot Helen M
Bought by
Leo P Peterson Lt
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Petoskey, MI
-
Chris Christensen
-
Brett Binkley
Brett Binkley
Responds QuicklyEXP Realty
(231) 642-9896
44 Total Sales
1 in Petoskey
$135,000 Price
-
Matt Rader
Matt Rader
Pat O'Brien & Associates - Boyne City
(231) 244-8908
46 Total Sales
2 in Petoskey
$293K - $945K Price Range
-
Shelly Novotny
Shelly Novotny
Real Estate One - Charlevoix
(231) 244-6564
62 Total Sales
2 in Petoskey
$401K - $520K Price Range
-
Christina Roberts
Christina Roberts
Keller Williams - Northern Michigan
(231) 244-2315
135 Total Sales
5 in Petoskey
$400K - $505K Price Range
-
Kristin Rashid
Kristin Rashid
Real Estate One-Milford
(810) 644-1220
77 Total Sales
2 in Petoskey
$412,000 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $550,000 | -- | ||
| Leo P Peterson Lt | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $412,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/02/2021 07/02/21 | Sold | $550,000 | -- | $357 / Sq Ft |
| 05/25/2021 05/25/21 | Pending | -- | -- | -- |
Source: Water Wonderland Board of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $12,249 | $402,100 | $47,000 | $355,100 |
| 2025 | $12,249 | $354,800 | $39,600 | $315,200 |
| 2024 | $117 | $310,700 | $39,600 | $271,100 |
| 2023 | $11,691 | $272,000 | $34,700 | $237,300 |
| 2022 | $11,691 | $271,800 | $271,800 | $0 |
| 2021 | $2,994 | $121,300 | $121,300 | $0 |
| 2020 | $2,945 | $94,200 | $94,200 | $0 |
| 2019 | $1,596 | $91,700 | $91,700 | $0 |
| 2018 | $1,558 | $81,800 | $81,800 | $0 |
| 2017 | -- | $80,600 | $80,600 | $0 |
| 2016 | -- | $76,000 | $76,000 | $0 |
| 2015 | -- | $68,400 | $0 | $0 |
| 2014 | -- | $63,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Hutchinson
Seller's Agent in 2021
Steven Hutchinson
COLDWELL BANKER SCHMIDT INDIAN RIVER
(800) 598-4460
93 Total Sales
-
SH
Buyer's Agent in 2021
STEVE HUTCHINSON
CB NORTHERN LAKES - INDIAN RIVER
Map
Source: Water Wonderland Board of REALTORS®
MLS Number: 325573
APN: 01-19-04-100-003
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