NOT LISTED FOR SALE

2001 N Us Highway 31 Petoskey, MI 49770

8.25 Acres
-- Price per Acre
359,370 Sq Ft Lot

Last Sold August 31, 2016

Last sale price $325,000

624 Days on Market

About This Lot

As of August 2016

For Sale Bank Owned - 8.27 +/- Acres of Vacant Land with Blended Zoning. 267' of frontage on US 31. Zoned: B-1 Local Tourist Business District, R-2B General Residential District & PUD-1. Electric, Gas, Municipal Sewer & Telephone Utilities are available. Includes a single family dwelling.

Last Agent to Sell the Property

Mark Kassab

James M Galbraith License #6501127238 Listed on: 12/11/2014

Last Buyer's Agent

Mark Kassab

James M Galbraith License #6501127238 Listed on: 12/11/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 8.25 Acre Lot
  • Lot Dimensions are 267 x 666
  • Property is zoned Commercial

Listing and Financial Details

  • Assessor Parcel Number 011626100026

Property Details

Property Type

Land

Est. Annual Taxes

$6,956

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 197300.0000
  • Special Features: 20
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Feet: 267
  • Road Frontage Type: Paved

Utilities

  • Sewer: 3rd Party Unknown
  • Water Source: Well (Existing)

Schools

  • School District: Petoskey

Lot Info

  • List Price per Acre: 46048.4848
  • Lot Size Area: 8.25
  • Lot Dimensions: 267 x 666
  • Parcel Number: 011626100026
  • Zoning: Commercial, Residential

Tax Info

  • Tax Amount Summer: 1815.0000
  • Tax Amount Winter: 5141.0000
  • Total Tax: 6956.0000

MLS Schools

  • School District: Petoskey

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2024
Sold by
Kring Walter David and Kring Debra Lynn
Bought by
Kring Walter David and Kring Debra Lynn

Purchase Details

Closed on
Dec 13, 2023
Sold by
Kring Debra Lynn and The Debra Lynn Kring Revocable Trust
Bought by
Awakon Federal Credit Union

Purchase Details

Listed on
Dec 11, 2014
Closed on
Aug 30, 2016
Sold by
Fifth Third Bank
Bought by
Kring Debra Lynn and Debra Lynn Kring Trust
Seller's Agent
Mark Kassab
James M Galbraith
Buyer's Agent
Mark Kassab
James M Galbraith
List Price
$459,000
Sold Price
$325,000
Premium/Discount to List
-$134,000
-29.19%

Purchase Details

Closed on
Dec 29, 2003
Sold by
Behan Thomas W and Jo Mary
Bought by
Behan Thomas W and Mary Jo Trusts

Purchase Details

Closed on
May 31, 2000
Sold by
Hall Keith and Hall Myrth
Bought by
Behan Thomas W and Mary Jo

Purchase Details

Closed on
Mar 27, 2000
Sold by
Bauman Melvin J and Bauman Debbie E
Bought by
Behan Thomas W and Mary Jo

Purchase Details

Closed on
Jun 7, 1965
Sold by
Moser Wayne W and Ruth Dora
Bought by
Hall Keith and Hall Myrth
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kring Walter David -- --
Kring Walter David -- --
Awakon Federal Credit Union -- Talon Title Agency
Kring Debra Lynn $325,000 Tacon Title Agency
Behan Thomas W -- --
Behan Thomas W $207,500 --
Behan Thomas W $198,200 --
Hall Keith -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2016 08/31/16 Sold $325,000 -29.2% --
08/26/2016 08/26/16 Pending -- -- --
12/11/2014 12/11/14 For Sale $459,000 -- --
Source: Realcomp

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
2023 $6,207 $184,100 $184,100 $0
2022 $6,207 $144,300 $144,300 $0
2021 $6,028 $140,200 $140,200 $0
2020 $6,012 $140,200 $140,200 $0
2019 $7,071 $140,200 $140,200 $0
2018 $7,027 $140,200 $140,200 $0
2017 -- $140,200 $140,200 $0
2016 -- $182,600 $182,600 $0
2015 -- $187,200 $0 $0
2014 -- $197,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 214125216

Realcomp

APN: 01-16-26-100-026