NOT LISTED FOR SALE

2355 Hemlock Ln Petoskey, MI 49770

Estimated Value: $42,216 - $64,000

2 Acres
$27,370 Price per Acre
87,120 Sq Ft Lot

Last Sold November 06, 2023

Last sale price $40,000

Est. 37% increase in value since last sale

Current estimated payment $381/month

584 Days on Market

About This Lot

As of November 2023

Beautiful wooded parcel in the Hemlock subdivision. Build your home on this large 2-acre wooded lot - homes already built on either side, making it easy to position your dream house. Terrain perfect for a walkout lower level. 170 acres of conservancy trails in the backyard and Walloon Lake access (and very nice park) right down the road, this is a fantastic location for all the things northern Michigan has to offer. Near the end of a cul-de-sac, backed by conservancy property, this lot's a really nice find.

Last Agent to Sell the Property

Martha Mishler

Pat O'Brien & Associates - Boyne City License #6501328187 Listed on: 04/01/2022

Co-Listed By

Don Toffolo

Pat O'Brien & Associates - Boyne City License #6506037594

Last Buyer's Agent

William Winslow

Coldwell Banker Schmidt- Harbor Springs

Coldwell Banker Schmidt- Harbor Springs

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $919

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 528' x 210'
  • Hillside Location
  • Landscaped with Trees

Utilities

  • Well Required
  • Septic Needed
  • Phone Available
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • The Hemlocks (Petoskey) Association

Listing and Financial Details

  • Assessor Parcel Number 13-21-01-170-010

Property Details

Property Type

Land

Est. Annual Taxes

$919

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Lots/Land
  • Type 2: Lot
  • Lvt Date: 04/05/2022
  • Section: 1
  • Hd Approved: Yes
  • Road Access: Hemlock Lane
  • Second Address Number: 2355
  • Directions: Resort Pike to Hemlock Lane. Property is almost to the end on the right.
  • OFFICELIST_STATE: MI
  • Street Designation: Lane
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Features: Electric, Phone, Mixed Trees, Natural Gas, Cable TV

Exterior Features

  • Lake: Walloon
  • Waterfront Water Access: Neither

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed
  • Well Size Depth: Needed

Condo/Co-op/Association

  • Association: The Hemlocks (Petoskey)
  • Association: Yes

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 528' x 210'
  • Estimated Number of Acres: 2
  • Lot: Y
  • Zoning: Residential
  • Deed Restrictions: Of record
  • Improvements: Elec, cable, nat gas
  • Number Of Acres: 1 - 2
  • Percent Wooded: 100
  • Terrain: Hill-Side

Tax Info

  • Assessor Parcel Number: 13-21-01-170-010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2022
Closed on
Nov 6, 2023
Sold by
Felix James L and Felix Loann C
Bought by
Zeidler Sandra and Neeley William
Seller's Agent
Martha Mishler
Pat O'Brien & Associates - Boyne City
Buyer's Agent
William Winslow
Coldwell Banker Schmidt- Harbor Springs
List Price
$42,900
Sold Price
$40,000
Premium/Discount to List
-$2,900
-6.76%
Views
17
Current Estimated Value
$54,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,739
Avg. Annual Appreciation
21.22%
Original Mortgage
$25,000
Outstanding Balance
$18,837
Interest Rate
7.49%
Estimated Equity
$35,902

Purchase Details

Listed on
Apr 1, 2022
Closed on
Nov 2, 2023
Sold by
Felix James L
Bought by
Zeidler Sandra and Neeley William
Seller's Agent
Martha Mishler
Pat O'Brien & Associates - Boyne City
Buyer's Agent
William Winslow
Coldwell Banker Schmidt- Harbor Springs
List Price
$42,900
Sold Price
$40,000
Premium/Discount to List
-$2,900
-6.76%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Outstanding Balance
$18,837
Interest Rate
7.49%
Estimated Equity
$35,902

Purchase Details

Closed on
Oct 23, 2008
Sold by
Felix James L and Felix Loann C
Bought by
Felix James L and Felix Loann C

Purchase Details

Closed on
Nov 7, 2000
Sold by
Wilcox Timothy and Wilcox Margaret
Bought by
Felix James Larry and Loann Claire

Purchase Details

Closed on
Dec 1, 1993
Sold by
Legrand Cash
Bought by
Wilcox Rps
Source: Public Records

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Range of Values:

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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
Zeidler Sandra $40,000 --
Zeidler Sandra -- --
Felix James L -- --
Felix James Larry $28,000 --
Wilcox Rps $29,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zeidler Sandra $25,000
Closed Zeidler Sandra $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2023 11/06/23 Sold $40,000 -6.8% --
04/01/2022 04/01/22 For Sale $42,900 -- --
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
2024 $919 $22,300 $22,300 $0
2023 $921 $22,300 $22,300 $0
2022 $921 $22,300 $22,300 $0
2021 $918 $22,300 $22,300 $0
2020 $917 $22,300 $22,300 $0
2019 -- $26,200 $26,200 $0
2018 -- $30,700 $30,700 $0
2017 -- $30,700 $30,700 $0
2016 -- $30,400 $30,400 $0
2015 -- $29,000 $0 $0
2014 -- $28,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 467747

Northern Michigan MLS

APN: 13-21-01-170-010