NOT LISTED FOR SALE

2051 Woods Ln Unit 28 Petoskey, MI 49770

Estimated Value: $213,000 - $255,000

2 Beds
1.5 Baths
1,000 Sq Ft
$166/mo HOA Fee

Last Sold December 03, 2019

Last sale price $110,000 $110 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $1,531/month

9 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Living Room
  • Radiant Floor
  • Wood Frame Window
  • Detached Carport Space

About This Home

As of December 2019

Affordable and private with great location. 2 bedroom. 1.5 baths, lovely woods off the living area and deck. In floor heating. Very low heating costs and taxes. MOVE IN READY!

Last Agent to Sell the Property

Carole Griffin

@properties Christie's International Real Estate - Petoskey Listed on: 10/07/2019

@properties Christie's International Real Estate - Petoskey

Last Buyer's Agent

Steve Ludwig

Real Estate One

Real Estate One

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,623

Year Built

  • Built in 1991

HOA Fees

  • $166 Monthly HOA Fees

Parking

  • Detached Carport Space

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,000 Sq Ft Home
  • Wood Frame Window
  • Living Room
  • Dining Room
  • Radiant Floor

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Natural Gas
  • Shared Water Source
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Bear Creek Estates Association

Listing and Financial Details

  • Assessor Parcel Number 01-19-18-220-128

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,623

Year Built

Built in 1991

Lot Details

0

HOA Fees

$166 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1991
  • Lvt Date: 10/07/2019
  • Section: 18
  • Second Address Number: 2051
  • Directions: US 131 to Lears Road to Woods Lane. Southeast back corner building 2051.
  • Price per Sq Ft: 110
  • OFFICELIST_STATE: MI
  • Street Designation: Lane
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1991

Interior Features

  • Features: Cable, Deck, Dishwasher, Dryer, Garbage Disposal, Range, Refrigerator, Washer
  • Total Finished Sq Ft: 1000
  • Master Bedroom: Dimensions: 12 x 14, On Level: Main
  • Bedroom 2: Dimensions: 10 x 16, On Level: Main
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Total Rooms: 4
  • Dining Room: Dimensions: with kitchen, On Level: Main
  • Kitchen: Dimensions: 9 x 13, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 22 x 13, On Level: Main
  • Above Grade Finished Sq Ft: 1000
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Wood Sash

Exterior Features

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

Garage/Parking

  • Garage Carport: Carport-Detached

Utilities

  • Heat Type: Natural Gas, In Floor Heating
  • Sewer: City
  • Water: Common
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Association: Bear Creek Estates
  • Association: Yes
  • Condo Unit Number: 28
  • Condo: Yes
  • Fees: 166

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 01-19-18-220-128

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2019
Closed on
Dec 3, 2019
Sold by
Okeefe Kirsten M
Bought by
Spychalski Kimberly M
Seller's Agent
Carole Griffin
@properties Christie's International Real Estate - Petoskey
Buyer's Agent
Steve Ludwig
Real Estate One
List Price
$112,000
Sold Price
$110,000
Premium/Discount to List
-$2,000
-1.79%
Current Estimated Value
$232,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,851
Avg. Annual Appreciation
13.60%
Original Mortgage
$88,000
Outstanding Balance
$77,585
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$155,266

Purchase Details

Closed on
Nov 28, 2000
Sold by
Shomin Glenda
Bought by
O'Keefe Kirsten M

Purchase Details

Closed on
Jul 1, 1994
Bought by
Shomin New94
Source: Public Records

Range of Values:

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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
Spychalski Kimberly M $110,000 --
O'Keefe Kirsten M $94,000 --
Shomin New94 $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spychalski Kimberly M $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2019 12/03/19 Sold $110,000 -1.8% $110 / Sq Ft
10/07/2019 10/07/19 For Sale $112,000 -- $112 / 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 $1,623 $90,800 $90,800 $0
2024 $1,623 $87,500 $87,500 $0
2023 $1,480 $70,200 $70,200 $0
2022 $1,480 $64,700 $64,700 $0
2021 $1,432 $62,400 $62,400 $0
2020 $1,406 $56,900 $56,900 $0
2019 $1,318 $60,100 $60,100 $0
2018 $1,295 $49,400 $49,400 $0
2017 -- $48,100 $48,100 $0
2016 -- $45,700 $45,700 $0
2015 -- $43,400 $0 $0
2014 -- $40,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 460429

Northern Michigan MLS

APN: 01-19-18-220-128