NOT LISTED FOR SALE

2365 Hemlock Ln Petoskey, MI 49770

Estimated Value: $701,000 - $1,838,000

5 Beds
4 Baths
4,000 Sq Ft
$275/Sq Ft Est. Value

Last Sold November 27, 2013

Last sale price $278,900 $70 Per Sq Ft

Est. 294% increase in value since last sale

Current estimated payment $6,074/month

29 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Thermal Windows
  • Cathedral Ceiling
  • 3 Car Detached Garage
  • Living Room

About This Home

As of November 2013

Great home nestled on a treed lot in an association w/no dues and county maintained roads. Acres of conservancy trails and Walloon Lake park. Lovely home with vaulted ceilings, lovely kitchen w/granite tops & stainless steal appliances. Finished walkout lower level. Charming home. Three car garage. Great master suite w/fireplace and walk-in closet.

Last Agent to Sell the Property

Carol Fay

Coldwell Banker Schmidt - Petoskey Listed on: 09/20/2013

Coldwell Banker Schmidt - Petoskey

Last Buyer's Agent

David Shuman

Bay North Realty Co.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994

Lot Details

  • 2.01

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 4,000 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Thermal Windows
  • Blinds
  • Family Room
  • Living Room
  • Dining Room
  • Second Floor Utility Room
  • Wood Flooring

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Detached Garage
  • Driveway

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Natural Gas
  • Well
  • Water Heater
  • Septic System
  • Cable TV Available

Additional Features

  • Deck
  • Lot Dimensions are 250 x 436

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 13-21-01-170-016

Home Details

Home Type

Single Family

Year Built

Built in 1994

Lot Details

2.01 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1994
  • Measurement Source: Agent
  • Section: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1994

Interior Features

  • Features: Built In Microwave, Cable, Cathedral Ceilings, Ceiling Fans, Deck, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace, Mini Blinds, Paved Drive, Range, Refrigerator, Washer, Wood Floors
  • Total Finished Sq Ft: 4000
  • Master Bedroom: Dimensions: 15.7 x 13.5, On Level: Upper
  • Bedroom 2: Dimensions: 11 x 11, On Level: Main
  • Bedroom 3: Dimensions: 11 x 8.5, On Level: Main
  • Bedroom 4: Dimensions: 11 x 9.5, On Level: Upper
  • Basement: Full, Walkout, Finished
  • Dining Room: Dimensions: 10.2 x 11.4, On Level: Main
  • Kitchen: Dimensions: 14 x 17, On Level: Main
  • Family Room: Dimensions: 11x16 LL 14x14, On Level: Main
  • Living Room: Dimensions: 27 x 15, On Level: Main
  • Above Grade Finished Sq Ft: 2900
  • Bathroom 1: Dimensions: 14.3 x 9.10, On Level: Upper
  • Bathroom 2: Dimensions: 7 x 5.3, On Level: Upper
  • Number Of Bedrooms: 5
  • Full Bathrooms: 4
  • Rooms 1: Dimensions: 11x9.5 br, On Level: Upper
  • Rooms 2: Dimensions: 9.7x11 br, On Level: Lower
  • Windows: Thermo

Exterior Features

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

Garage/Parking

  • Garage Carport: Garage-Detached
  • Gar Car Capacity: Three

Utilities

  • Heat Type: Natural Gas, Hot Water Baseboard
  • Sewer: Septic
  • Water: Well
  • Water Heater: 40 Gal

Condo/Co-op/Association

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

Lot Info

  • Estimated Lot Dimensions: 250 x 436
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 13-21-01-170-016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2013
Closed on
Nov 27, 2013
Sold by
Smith Brian W and St Pierre Smith Valerie
Bought by
Ustes Walter and Connolly Irene
Seller's Agent
Carol Fay
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
David Shuman
Bay North Realty Co.
List Price
$295,900
Sold Price
$278,900
Premium/Discount to List
-$17,000
-5.75%
Current Estimated Value
$1,099,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$820,508
Avg. Annual Appreciation
11.88%

Purchase Details

Closed on
Nov 1, 2011
Sold by
Miller Gaylord John and Miller Sharon K
Bought by
Smith Brian W and St Pierre Smith Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
3.97%

Purchase Details

Closed on
Nov 11, 2010
Sold by
Fannie Mae
Bought by
Miller Gaylord John and Miller Sharon K

Purchase Details

Closed on
Jul 8, 2009
Sold by
Wells Fargo Bank Na
Bought by
Federal National Mrotgage Association

Purchase Details

Closed on
Jul 2, 2009
Sold by
Hemstreet John C
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 1, 2001
Bought by
Engel Larry J and Engel Lisa M

Purchase Details

Closed on
Jan 1, 1994
Sold by
Legrand Cash
Bought by
Palmer Rps
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
Ustes Walter $278,900 Talon Title Agency
Smith Brian W $215,000 --
Miller Gaylord John $137,500 --
Federal National Mrotgage Association -- --
Wells Fargo Bank Na $235,445 --
Engel Larry J $320,000 --
Palmer Rps $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Brian W $193,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2013 11/27/13 Sold $278,900 -5.7% $70 / Sq Ft
10/19/2013 10/19/13 Pending -- -- --
09/20/2013 09/20/13 For Sale $295,900 -- $74 / 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 $4,991 $310,400 $310,400 $0
2024 $22 $278,900 $278,900 $0
2023 $4,546 $256,900 $256,900 $0
2022 $4,546 $256,800 $256,800 $0
2021 $4,375 $207,000 $207,000 $0
2020 $4,306 $196,800 $196,800 $0
2019 -- $200,000 $200,000 $0
2018 -- $195,100 $195,100 $0
2017 -- $191,500 $191,500 $0
2016 -- $186,200 $186,200 $0
2015 -- $188,700 $0 $0
2014 -- $170,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 438524

Northern Michigan MLS

APN: 13-21-01-170-016

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