NOT LISTED FOR SALE

1972 Maxwell Rd Petoskey, MI 49770

Estimated Value: $266,950 - $322,000

2 Beds
2 Baths
1,150 Sq Ft
$256/Sq Ft Est. Value

Last Sold November 09, 2018

Last sale price $154,400 $134 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,827/month

3 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Snowmobile Trail
  • Cathedral Ceiling
  • First Floor Utility Room
  • Thermal Windows

About This Home

As of November 2018

Charming two-bed, two-bath home nestled on 2 acres. This home is located just steps from the beautiful McCune Nature Preserve and is a short five minutes from Petoskey. The large rooms make the home live spaciously and there is always plenty of room for family and guests. Both bedrooms have ample closets and the four-season room offers endless possibilities and could be used as a porch, dining room, office, family room or play room. The home features many recent improvements including a new roof, insulation, deck, flooring, energy efficient pellet stove and more.

Last Agent to Sell the Property

David Shuman

Bay North Realty Co. Listed on: 08/15/2018

Last Buyer's Agent

Pete Platte

Gaslight Group Properties

Home Details

Home Type

  • Single Family

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 238x403

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,150 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Insulated Windows
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck
  • Shed

Utilities

  • Electric Baseboard Heater
  • Well
  • Septic System

Community Details

  • Snowmobile Trail

Listing and Financial Details

  • Assessor Parcel Number 14-20-08-400-022

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 08/16/2018
  • Section: 8
  • Second Address Number: 1972
  • Directions: Mitchell Rd east to south on Maxwell, about one mile from intersection on the right
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Built In Microwave, Cathedral Ceilings, Ceiling Fans, Deck, Dishwasher, Garbage Disposal, Range, Refrigerator, Near Snowmobile Trails
  • Total Finished Sq Ft: 1150
  • Master Bedroom: Dimensions: 15x9, On Level: Main
  • Bedroom 2: Dimensions: 11.6x9.6, On Level: Main
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Basement: Slab
  • Dining Room: Dimensions: 13.9x11, On Level: Main
  • Kitchen: Dimensions: 13.9x12, On Level: Main
  • Family Room: Dimensions: 24x8, On Level: Main
  • Living Room: Dimensions: 23.6x14.6, On Level: Main
  • Above Grade Finished Sq Ft: 1150
  • Bathroom 1: Dimensions: 8x5, On Level: Main
  • Bathroom 2: Dimensions: 7x11, On Level: Main
  • Number Of Bedrooms: 2
  • Full Bathrooms: 2
  • Rooms 1: Dimensions: 9.6x7.6 mudroom, On Level: Main
  • Rooms 2: On Level: N/A
  • Windows: Thermo, Insulated

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: Electric Baseboard
  • Sewer: Septic
  • Water: Well

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 238x403
  • Estimated Number of Acres: 2
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 14-20-08-400-022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2018
Closed on
Nov 9, 2018
Sold by
Marfia Stephen and Marfia Markae
Bought by
Haggerty Joseph and Haggerty Janelle
Seller's Agent
David Shuman
Bay North Realty Co.
Buyer's Agent
Pete Platte
Gaslight Group Properties
List Price
$149,900
Sold Price
$154,400
Premium/Discount to List
$4,500
3%
Current Estimated Value
$294,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,838
Avg. Annual Appreciation
9.33%
Original Mortgage
$155,959
Outstanding Balance
$136,009
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$158,229

Purchase Details

Listed on
May 21, 2016
Closed on
Jul 26, 2016
Sold by
May Corey M and May Kristin M
Bought by
Marfia Stephen and Marfia Markale
Seller's Agent
Craig Lively
North Shores Realty Group
Buyer's Agent
David Shuman
Bay North Realty Co.
List Price
$89,900
Sold Price
$82,500
Premium/Discount to List
-$7,400
-8.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.48%

Purchase Details

Closed on
Jan 5, 2010
Sold by
Watson David R and David R Watson Trust Dated Jan
Bought by
May Corey M and May Kristin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,800
Interest Rate
4.87%

Purchase Details

Closed on
Mar 12, 2009
Sold by
Wythe David E and Wythe Yvonne Micheal
Bought by
David R Watson Trust Dated January 6 20

Purchase Details

Closed on
Nov 9, 2007
Sold by
Watson David R and David R Watson Trust Dated Jan
Bought by
Wythe David E and Wythe Yvonne Micheal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
6.47%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Haggerty Joseph $154,400 --
Marfia Stephen $82,500 Tacon Title Agency
May Corey M $81,800 --
David R Watson Trust Dated January 6 20 -- --
Wythe David E $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haggerty Joseph $155,959
Previous Owner May Corey M $81,800
Previous Owner Wythe David E $121,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/09/2018 11/09/18 Sold $154,400 +3.0% $134 / Sq Ft
08/15/2018 08/15/18 For Sale $149,900 +81.7% $130 / Sq Ft
07/26/2016 07/26/16 Sold $82,500 -8.2% $72 / Sq Ft View Prior Sale
06/08/2016 06/08/16 Pending -- -- --
05/21/2016 05/21/16 For Sale $89,900 -- $78 / 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 $3,591 $118,100 $7,800 $110,300
2024 $9 $109,300 $7,800 $101,500
2023 $3,286 $90,400 $5,600 $84,800
2022 $3,286 $73,300 $5,100 $68,200
2021 $3,228 $72,000 $4,900 $67,100
2020 $3,177 $71,500 $0 $71,500
2019 -- $73,700 $13,900 $59,800
2018 -- $42,600 $13,900 $28,700
2017 -- $42,000 $13,900 $28,100
2016 -- $46,100 $10,800 $35,300
2015 -- $42,600 $0 $0
2014 -- $38,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 456392

Northern Michigan MLS

APN: 14-20-08-400-022