$11,000
SOLD MAR 11, 2016

2385 Hemlock Ln Petoskey, MI 49770

1.84 Acres
$5,978 Price per Acre
80,150 Sq Ft Lot

Recently Sold

37% Below List Price

143 Days on Market

Highlights

  • Snowmobile Trail
  • Landscaped with Trees
  • Gentle Sloping Lot

About This Lot

As of May 2025

Perfect location for your dream home selling far below assessed value! Only minutes from Petoskey & ½ mile from Walloon Lake's public beach. Kayaking, paddle boarding, swimming, picnicking & play gym's all just a short distance from your front door. The property backs up to Walloon Lake Conservancy for hiking, snowshoeing or just to enjoy all that Mother Nature has to offer. A true oasis all year long! This tree lined street hosts a friendly neighborhood with no association membership dues!

Last Agent to Sell the Property

Joseph Vogelheim

Pat O'Brien & Associates - Charlevoix Listed on: 09/23/2015

Co-Listed By

Danielle Boyd

Gaslight Group Properties

Last Buyer's Agent

Joseph Vogelheim

Pat O'Brien & Associates - Charlevoix Listed on: 09/23/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $919

Lot Details

  • 1.84 Acre Lot
  • Lot Dimensions are 497x530x180x100
  • Gentle Sloping Lot
  • Landscaped with Trees

Utilities

  • Underground Utilities
  • Well Required
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 13-21-01-170-022

Community Details

Overview

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

Recreation

  • Snowmobile Trail

Property Details

Property Type

Land

Est. Annual Taxes

$919

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Lots/Land
  • Type 2: Acreage, Lot
  • Section: 1
  • S E V Yr: 28,900/2015
  • Hd Approved: unknown
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Features: Mixed Trees, Under Ground Utilities, Near Snowmobile Trails

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

Lot Info

  • Estimated Lot Dimensions: 497x530x180x100
  • Estimated Number of Acres: 1.84
  • Lot: y
  • Zoning: residential
  • Deed Restrictions: yes, see bylaws
  • Number Of Acres: 1 - 2
  • Terrain: Gently Rolling

Tax Info

  • Assessor Parcel Number: 13-21-01-170-022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
May 13, 2025
Sold by
Merrow Kenneth and Merrow Michelle
Bought by
Stoll Matthew T and Stoll Amy J
Seller's Agent
Ethan Swiger
Real Estate One
Buyer's Agent
Ethan Swiger
Real Estate One
List Price
$55,000
Sold Price
$56,000
Premium/Discount to List
$1,000
1.82%
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%
Original Mortgage
$42,000
Outstanding Balance
$41,509
Interest Rate
6.83%
Mortgage Type
Balloon
Estimated Equity
$15,293

Purchase Details

Listed on
Sep 6, 2024
Closed on
May 12, 2025
Sold by
Merow Kenneth
Bought by
Stoll Matthew T and Stoll Amy J
Seller's Agent
Ethan Swiger
Real Estate One
Buyer's Agent
Ethan Swiger
Real Estate One
List Price
$55,000
Sold Price
$56,000
Premium/Discount to List
$1,000
1.82%
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Outstanding Balance
$41,509
Interest Rate
6.83%
Mortgage Type
Balloon
Estimated Equity
$15,293

Purchase Details

Listed on
Jan 3, 2023
Closed on
Jan 30, 2023
Sold by
Knuth Todd Foley Margaret
Bought by
Merow Kenneth and Merow Michelle
Seller's Agent
Ethan Swiger
Real Estate One
Buyer's Agent
Ethan Swiger
Real Estate One
List Price
$45,900
Sold Price
$45,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.11%

Purchase Details

Listed on
Sep 23, 2015
Closed on
Mar 3, 2016
Sold by
Wojewuczki Paul R and Wojewuczki Linda L
Bought by
Knuth Todd and Foley Margaret
Seller's Agent
Joseph Vogelheim
Pat O'Brien & Associates - Charlevoix
Buyer's Agent
Joseph Vogelheim
Pat O'Brien & Associates - Charlevoix
List Price
$17,500
Sold Price
$11,000
Premium/Discount to List
-$6,500
-37.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.00%

Purchase Details

Closed on
Apr 3, 2000
Sold by
Preston Jerome and Preston Edith
Bought by
Wojewuczki Paul R and Wojewuczki Linda L

Purchase Details

Closed on
Jul 1, 1995
Bought by
Preston New Pta
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $56,000 Talon Title Agency
Warranty Deed $56,000 --
Warranty Deed $45,900 --
Warranty Deed $11,000 None Available
Warranty Deed -- --
Warranty Deed $39,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $42,000 Balloon
Closed $42,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 Sold $56,000 +1.8% --
09/06/2024 09/06/24 For Sale $55,000 +19.8% --
01/31/2023 01/31/23 Sold $45,900 0.0% --
01/03/2023 01/03/23 Pending -- -- --
01/03/2023 01/03/23 For Sale $45,900 +317.3% --
03/11/2016 03/11/16 Sold $11,000 -37.1% --
02/13/2016 02/13/16 Pending -- -- --
09/23/2015 09/23/15 For Sale $17,500 -- --
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 $919 $22,500 $22,500 $0
2024 $919 $22,300 $22,300 $0
2023 $231 $22,300 $22,300 $0
2022 $231 $5,600 $5,600 $0
2021 $230 $5,600 $5,600 $0
2020 $230 $5,600 $5,600 $0
2019 -- $6,600 $6,600 $0
2018 -- $7,700 $7,700 $0
2017 -- $5,549 $5,549 $0
2016 -- $25,000 $25,000 $0
2015 -- $28,900 $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: 446271

Northern Michigan MLS

APN: 13-21-01-170-022