$62,000
SOLD JAN 13, 2025

2375 Hemlock Ln Petoskey, MI 49770

1.5 Acres
$41,333 Price per Acre
65,340 Sq Ft Lot

Recently Sold

17% Below List Price

602 Days on Market

About This Lot

As of January 2025

Beautiful partially wooded building site. Walloon Lake access close by.

Last Agent to Sell the Property

Bill Tribble

Coldwell Banker Schmidt - Petoskey Listed on: 05/22/2023

Coldwell Banker Schmidt - Petoskey

Last Buyer's Agent

Bob Simpson

Coldwell Banker Schmidt - Boyne City

Coldwell Banker Schmidt - Boyne City

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $774

Lot Details

  • 1.5 Acre Lot
  • Level Lot
  • Landscaped with Trees

Utilities

  • Underground Utilities
  • Well Required
  • Septic Needed
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 13-21-01-700-020

Community Details

Overview

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

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$774

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Lots/Land
  • Type 2: Lot
  • Lvt Date: 05/25/2023
  • Section: 1
  • Second Address Number: 2375
  • Directions: US 31 west from Petoskey to Resort Pike Road to Hemlock Lane.
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Features: Phone, Hard Wood, Mixed Trees, Natural Gas, Under Ground Utilities, City Utilities, Electric Nearby, Paved Road

Exterior Features

  • Waterfront Water Access: Neither

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Condo/Co-op/Association

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

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Estimated Number of Acres: 1.5
  • Zoning: Residential
  • Number Of Acres: 1 - 2
  • Terrain: Gradual, Level

Tax Info

  • Assessor Parcel Number: 13-21-01-700-020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2025
Sold by
Zoodsma Zachary and Zoodsma Y
Bought by
Zoodsma Zachary and Zoodsma Zachary Meagan
Current Estimated Value
$64,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,000
Outstanding Balance
$412,713
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
-$348,178

Purchase Details

Listed on
May 22, 2023
Closed on
Jan 13, 2025
Sold by
Legrand Robert E and Legrand Vivian A
Bought by
Zoodsma Zachary
Seller's Agent
Bill Tribble
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Bob Simpson
Coldwell Banker Schmidt - Boyne City
List Price
$74,900
Sold Price
$62,000
Premium/Discount to List
-$12,900
-17.22%
Views
112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Warranty Deed $62,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $449,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2025 01/13/25 Sold $62,000 -17.2% --
05/28/2024 05/28/24 For Sale $74,900 0.0% --
05/28/2024 05/28/24 Price Changed $74,900 +15.4% --
05/24/2024 05/24/24 Off Market $64,900 -- --
10/04/2023 10/04/23 Price Changed $64,900 +8.3% --
05/22/2023 05/22/23 For Sale $59,900 -- --
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
2025 $774 $19,000 $19,000 $0
2024 $774 $18,800 $18,800 $0
2023 $770 $18,800 $18,800 $0
2022 $770 $18,800 $18,800 $0
2021 $743 $18,800 $18,800 $0
2020 $732 $18,800 $18,800 $0
2019 -- $22,100 $22,100 $0
2018 -- $26,100 $26,100 $0
2017 -- $26,100 $26,100 $0
2016 -- $25,800 $25,800 $0
2015 -- $24,600 $0 $0
2014 -- $24,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northern Michigan MLS

MLS Number: 471119

Northern Michigan MLS

APN: 13-21-01-170-020