2450 Hemlock Ln Petoskey, MI 49770
Estimated Value: $556,000 - $650,039
4
Beds
3.5
Baths
2,150
Sq Ft
$281/Sq Ft
Est. Value
Highlights
- First Floor Utility Room
- 2 Car Attached Garage
- Dining Room
- Thermal Windows
- Living Room
- Wood Burning Fireplace
About This Home
As of June 2024This charming home in a sought-after neighborhood just minutes from downtown Petoskey and less than a mile from the Resort Township park with Walloon Lake access. The lovely two-story house is situated on 2.5 acres of serene land. It features a large, sunny yard (with an in-ground sprinkler system) and mature hardwoods. Inside, the functional floor plan offers comfort and practicality. The living room, featuring a cozy fireplace, invites you to unwind and relax. A convenient butler's pantry connects the living space to the kitchen and dining area, ideal for everyday living and entertaining, while the first-floor laundry simplifies tasks. With primary suite options on both levels, this home provides flexibility for residents and guests. Upstairs, you'll find two additional generously sized bedrooms, each boasting large closets, in addition to the ensuite bedroom. There's also an efficient office space with tons of storage, perfect for remote work or creative pursuits, and a charming hallway bathroom. Enjoy coffee or gatherings in the backyard on the spacious composite deck. Updates throughout this home ensure modern comfort and efficiency. Offers are due by Saturday, May 11th at 5 PM.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,571
Year Built
- Built in 1987
Lot Details
- 2.59 Acre Lot
- Sprinkler System
Parking
- 2 Car Attached Garage
Home Design
- Wood Frame Construction
- Asphalt Shingled Roof
Interior Spaces
- 2,150 Sq Ft Home
- Wood Burning Fireplace
- Thermal Windows
- Living Room
- Dining Room
- First Floor Utility Room
- Dryer
- Crawl Space
Kitchen
- Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Upstairs
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 T33N, R6W.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 7, 2024
Closed on
Jun 28, 2024
Sold by
Souza Jack L
Bought by
Davis Joanna Michelle
Seller's Agent
David Shuman
Bay North Realty Co.
Buyer's Agent
Joe Blachy
Petoskey Real Estate Group
List Price
$489,000
Sold Price
$530,000
Premium/Discount to List
$41,000
8.38%
Views
49
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,760
Avg. Annual Appreciation
14.11%
Original Mortgage
$280,000
Outstanding Balance
$277,898
Interest Rate
7.03%
Estimated Equity
$326,862
Purchase Details
Closed on
Jul 17, 2009
Sold by
Wolohan Sarah M and Watson Alexander G
Bought by
Souza Jack L and Wright Mary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
5.43%
Purchase Details
Closed on
Jun 6, 2003
Bought by
Wolohan Sarah and Watson Alexander
Purchase Details
Closed on
Nov 21, 2000
Sold by
Heyka Charles and Heyka Susan
Bought by
Heyka Susan Kay
Purchase Details
Closed on
Apr 1, 1993
Sold by
Le Grand
Bought by
Heyka Rps
Similar Homes in Petoskey, MI
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Davis Joanna Michelle | $530,000 | -- | |
| Davis Joanna Michelle | $530,000 | Talon Title Agency | |
| Souza Jack L | $262,500 | -- | |
| Wolohan Sarah | $264,900 | -- | |
| Heyka Susan Kay | -- | -- | |
| Heyka Rps | $168,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Davis Joanna Michelle | $280,000 | |
| Closed | Davis Joanna Michelle | $280,000 | |
| Previous Owner | Souza Jack L | $225,310 | |
| Previous Owner | Souza Jack L | $190,000 | |
| Previous Owner | Souza Jack L | $162,000 | |
| Previous Owner | Wolohan Sarah M | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/28/2024 06/28/24 | Sold | $530,000 | +8.4% | $247 / Sq Ft |
| 05/07/2024 05/07/24 | For Sale | $489,000 | -- | $227 / Sq Ft |
Source: Northern Michigan MLS
Tax History Compared to Growth
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 | $3,571 | $221,100 | $221,100 | $0 |
| 2023 | $3,252 | $204,400 | $204,400 | $0 |
| 2022 | $3,252 | $204,100 | $204,100 | $0 |
| 2021 | $3,130 | $166,100 | $166,100 | $0 |
| 2020 | $3,081 | $158,500 | $158,500 | $0 |
| 2019 | -- | $161,900 | $161,900 | $0 |
| 2018 | -- | $140,200 | $140,200 | $0 |
| 2017 | -- | $138,000 | $138,000 | $0 |
| 2016 | -- | $134,500 | $134,500 | $0 |
| 2015 | -- | $135,800 | $0 | $0 |
| 2014 | -- | $121,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
David Shuman
Seller's Agent in 2024
David Shuman
Bay North Realty Co.
(231) 622-3235
169 Total Sales
-
Joe Blachy
Buyer's Agent in 2024
Joe Blachy
Petoskey Real Estate Group
(231) 409-9119
106 Total Sales
Map
Source: Northern Michigan MLS
MLS Number: 473699
APN: 13-21-01-170-002
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