NOT LISTED FOR SALE

2420 Hemlock Ln Petoskey, MI 49770

Estimated Value: $518,693 - $667,000

3 Beds
3.5 Baths
2,259 Sq Ft
$251/Sq Ft Est. Value

Last Sold April 22, 2015

Last sale price $239,000 $106 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $3,411/month

12 Days on Market

Highlights

  • Spa
  • Main Floor Primary Bedroom
  • Thermal Windows
  • Deck
  • Lower Floor Utility Room
  • 2 Car Attached Garage

About This Home

As of April 2015

Beautiful home nestled on a large treed lot close to Walloon Lake access and Conservancy Trails. Under ground utilities including natural gas and a county maintained road. This home has so much character and more closets than you have ever seen! Features a main floor master suite. Two additional bedrooms upstairs each with a private bath. Enjoy a bright sunny office with built in desk and cabinets. The two story great room has a fireplace flanked with built-ins. The kitchen has a bar area and eating nook.

Last Agent to Sell the Property

Carol Fay

Coldwell Banker Schmidt - Petoskey Listed on: 02/28/2015

Coldwell Banker Schmidt - Petoskey

Last Buyer's Agent

Jane Fisher

Gaslight Group Properties License #6501333848

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,179

Year Built

  • Built in 1993

Lot Details

  • Lot Dimensions are 197x354x188x258
  • Sprinkler System

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,259 Sq Ft Home
  • Wood Burning Fireplace
  • Thermal Windows
  • Blinds
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Spa
  • Deck

Utilities

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

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 13-21-01-170-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,179

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1993
  • Measurement Source: Appraiser
  • Section: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1993

Interior Features

  • Features: Cable, Deck, Dishwasher, Dryer, Hot Tub, Mini Blinds, Paved Drive, Range, Refrigerator, Sprinkler System, Washer, Wood Fireplace
  • Total Finished Sq Ft: 2259
  • Master Bedroom: Dimensions: 13.6 x 13.4, On Level: Main
  • Bedroom 2: Dimensions: 15 x 11.9, On Level: Upper
  • Bedroom 3: Dimensions: 20 x 9, On Level: Upper
  • Bedroom 4: On Level: N/A
  • Total Rooms: 8
  • Basement: Full
  • Dining Room: Dimensions: 11 x 11.11, On Level: Main
  • Kitchen: Dimensions: 21 x 10, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 18 x 12, On Level: Main
  • Above Grade Finished Sq Ft: 2259
  • Bathroom 1: Dimensions: 5.4x5.7, On Level: Main
  • Bathroom 2: Dimensions: 8.8 x 12.5, On Level: Main
  • Number Of Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Rooms 1: Dimensions: 10.10x11.4 bath, On Level: Upper
  • Rooms 2: Dimensions: 11.11x11.2 office, On Level: Upper
  • Windows: Thermo

Exterior Features

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

Garage/Parking

  • Garage Carport: Garage-Attached
  • Gar Car Capacity: Two

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 197x354x188x258
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 13-21-01-170-015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2015
Closed on
Apr 22, 2015
Sold by
Scharage Gretchen M and Gretchen M Scharage Trust
Bought by
Patton Jeffrey L and Patton Regina H
Seller's Agent
Carol Fay
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Jane Fisher
Gaslight Group Properties
List Price
$249,900
Sold Price
$239,000
Premium/Discount to List
-$10,900
-4.36%
Current Estimated Value
$566,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,923
Avg. Annual Appreciation
8.86%
Original Mortgage
$191,200
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 2004
Sold by
Schrage Gretchen
Bought by
Schrage Gretchen M Trust

Purchase Details

Closed on
Nov 1, 1994
Bought by
Schrage Per Fa 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
Patton Jeffrey L $239,000 None Available
Schrage Gretchen M Trust -- --
Schrage Per Fa Rps $222,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patton Regina H $100,000
Closed Patton Jeffrey L $179,000
Closed Patton Jeffrey L $178,000
Closed Patton Jeffrey L $191,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2015 04/22/15 Sold $239,000 -4.4% $106 / Sq Ft
03/12/2015 03/12/15 Pending -- -- --
02/28/2015 02/28/15 For Sale $249,900 -- $111 / 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
2024 $3,179 $182,200 $182,200 $0
2023 $2,895 $168,200 $168,200 $0
2022 $2,895 $167,800 $167,800 $0
2021 $2,786 $136,400 $136,400 $0
2020 $2,743 $130,100 $130,100 $0
2019 -- $132,500 $132,500 $0
2018 -- $115,200 $115,200 $0
2017 -- $113,300 $113,300 $0
2016 -- $110,400 $110,400 $0
2015 -- $111,500 $0 $0
2014 -- $99,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carol Fay

    Seller's Agent in 2015

    Carol Fay

    Coldwell Banker Schmidt - Petoskey

    (231) 330-0876

    80 Total Sales

    Carol Fay
    Section Image
  • Jane Fisher

    Buyer's Agent in 2015

    Jane Fisher

    Gaslight Group Properties

    (231) 409-8060

    164 Total Sales

    Jane Fisher
    Section Image
See All Agents

Map

Source: Northern Michigan MLS

MLS Number: 443407

Northern Michigan MLS

APN: 13-21-01-170-015

Michigan Emmet County Petoskey 49770

2420 Hemlock Ln, Petoskey, MI

This home is located at 2420 Hemlock Ln, Petoskey, MI 49770 since 28 February 2015 and is currently estimated at $566,923, approximately $250 per square foot. This property was built in 1993. 2420 Hemlock Ln is a home located in Emmet County with nearby schools including Petoskey High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Michigan MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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