NOT LISTED FOR SALE

202 Grove St Petoskey, MI 49770

Estimated Value: $429,526 - $501,000

3 Beds
1.5 Baths
1,830 Sq Ft
$254/Sq Ft Est. Value

Last Sold November 18, 2015

Last sale price $210,000 $115 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $2,799/month

147 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Thermal Windows
  • Deck
  • First Floor Utility Room
  • 3-minute walk to Bear River Park

About This Home

As of November 2015

Fabulous historic building in downtown Petoskey that is dually zoned Commercial (B-3) and Residential to suit a multitude of needs. Meticulously maintained and ADA compliant, it's currently used as a professional office for 8 workers featuring private suites as well as a large common area. Perfectly located between the Bear River Walkway and Petoskey's famed Gaslight District this completely redone pre-19th century building is priced to sell and ready to be your new home, or the new home of your business.

Last Agent to Sell the Property

Michael MacCarthy

Gaslight Group Properties Listed on: 05/05/2015

Last Buyer's Agent

Kyle Lieberman

Kidd & Leavy Real Estate Co. LLC

Home Details

Home Type

  • Single Family

Lot Details

  • Lot Dimensions are 102 x 72 x 120
  • Property is zoned B3

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,830 Sq Ft Home
  • Ceiling Fan
  • Thermal Windows
  • Double Pane Windows
  • Vinyl Clad Windows
  • Insulated Windows
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring
  • Water Views

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 52-19-06-278-028

Home Details

Home Type

Single Family

Lot Details

3,572 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Measurement Source: Owner
  • Section: 6
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Built In Microwave, Cable, Ceiling Fans, Central Air, Deck, Dishwasher, Range, Refrigerator, Wood Floors
  • Total Finished Sq Ft: 1830
  • Master Bedroom: Dimensions: 12 x 15, On Level: Upper
  • Bedroom 2: Dimensions: 8 x 15, On Level: Upper
  • Bedroom 3: Dimensions: 9 x 12, On Level: Upper
  • Bedroom 4: On Level: N/A
  • Dining Room: Dimensions: 9.5 x 15.4, On Level: Main
  • Kitchen: Dimensions: 12.5 x 15.4, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 20.3 x 14.6, On Level: Main
  • Above Grade Finished Sq Ft: 1830
  • Bathroom 1: Dimensions: 8.1 x 4.5, On Level: Main
  • Bathroom 2: Dimensions: 10 x 15, On Level: Upper
  • Number Of Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Thermo, Insulated, Vinyl, Double

Exterior Features

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

Utilities

  • Heat Type: Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas, 40 Gal

Lot Info

  • Estimated Lot Dimensions: 102 x 72 x 120
  • Lot: Y
  • Zoning: B3

Tax Info

  • Assessor Parcel Number: 52-19-06-278-028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2015
Closed on
Nov 18, 2015
Sold by
Moellen Beck Cheryl A
Bought by
Wilson Phillip H and Wilson Kandace J
Seller's Agent
Michael MacCarthy
Gaslight Group Properties
Buyer's Agent
Kyle Lieberman
Kidd & Leavy Real Estate Co. LLC
List Price
$244,900
Sold Price
$210,000
Premium/Discount to List
-$34,900
-14.25%
Current Estimated Value
$465,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,382
Avg. Annual Appreciation
8.07%
Original Mortgage
$110,000
Outstanding Balance
$45,082
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$420,300

Purchase Details

Closed on
Aug 22, 2008
Sold by
Bonito Gioia Ann and Bonito Carmine John
Bought by
Moellenbeck Cheryl Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,300
Interest Rate
6.66%

Purchase Details

Closed on
Aug 18, 1999
Sold by
Ross Randal W and Ross Maria S
Bought by
Bonito Carmine John and Bonito Gioia A

Purchase Details

Closed on
May 6, 1998
Sold by
Rasmussen Joan
Bought by
Ross Randal W and Ross Maria S
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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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
Wilson Phillip H $210,000 Attorneys Title Agency Llc
Moellenbeck Cheryl Anne $184,500 --
Bonito Carmine John $94,900 --
Ross Randal W $71,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Phillip H $110,000
Previous Owner Moellenbeck Cheryl Anne $138,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2015 11/18/15 Sold $210,000 -14.3% $115 / Sq Ft
09/29/2015 09/29/15 Pending -- -- --
05/05/2015 05/05/15 For Sale $244,900 -- $134 / Sq Ft
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 $4,817 $184,200 $184,200 $0
2024 $46 $165,200 $165,200 $0
2023 $4,386 $130,200 $130,200 $0
2022 $4,386 $120,700 $120,700 $0
2021 $4,261 $113,300 $113,300 $0
2020 $4,272 $92,300 $92,300 $0
2019 -- $90,100 $90,100 $0
2018 -- $75,900 $75,900 $0
2017 -- $86,500 $86,500 $0
2016 -- $82,500 $82,500 $0
2015 -- $68,800 $0 $0
2014 -- $59,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael MacCarthy

    Seller's Agent in 2015

    Michael MacCarthy

    Gaslight Group Properties

    (231) 838-7700

    63 in this area

    181 Total Sales

    Michael MacCarthy
    Section Image
  • Kyle Lieberman

    Buyer's Agent in 2015

    Kyle Lieberman

    Kidd & Leavy Real Estate Co. LLC

    (231) 622-1535

    22 in this area

    47 Total Sales

    Kyle Lieberman
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 444367

Northern Michigan MLS

APN: 52-19-06-278-028

Michigan Emmet County Petoskey 49770

202 Grove St, Petoskey, MI

Not Listed for Sale

Detached

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