NOT LISTED FOR SALE

2455 Hemlock Ln Petoskey, MI 49770

Estimated Value: $523,051 - $867,000

4 Beds
2 Baths
2,400 Sq Ft
$277/Sq Ft Est. Value

Last Sold August 18, 2014

Last sale price $205,000 $85 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $3,759/month

235 Days on Market

Highlights

  • Deck
  • Thermal Windows
  • 1-Story Property
  • Lower Floor Utility Room
  • Living Room
  • Dining Room

About This Home

As of August 2014

Very private setting in the Hemlocks. Spacious kitchen with granite countertops, circle drive with a 3 car garage, and large bedrooms with plenty of storage. NO ASSOCIATION DUES! Ready for an active family.

Last Agent to Sell the Property

Craig Lively

North Shores Realty Group Listed on: 09/30/2013

North Shores Realty Group

Last Buyer's Agent

Beth Flynn

@properties Christie's International Real Estate - Petoskey

@properties Christie's International Real Estate - Petoskey

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 2.3

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Thermal Windows
  • Insulated Windows
  • Family Room
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Block Basement Construction

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Car Garage
  • Driveway

Utilities

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

Additional Features

  • Deck
  • 2.3 Acre Lot

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 13-21-01-170-014

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2005
  • Section: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Features: Built In Microwave, Cable, Deck, Dishwasher, Garbage Disposal, Gas Fireplace, Paved Drive
  • Total Finished Sq Ft: 2400
  • Master Bedroom: Dimensions: 13.6 x 14, On Level: Main
  • Bedroom 2: Dimensions: 13.6 x 14, On Level: Lower
  • Bedroom 3: Dimensions: 10.4 x 14.4, On Level: Lower
  • Bedroom 4: Dimensions: 11 x 14.4, On Level: Lower
  • Basement: Block
  • Dining Room: Dimensions: 12.6 x 15, On Level: Main
  • Kitchen: Dimensions: 10.6 x 17, On Level: Main
  • Family Room: Dimensions: 12 x 23, On Level: Main
  • Living Room: Dimensions: 12 x 24, On Level: Main
  • Above Grade Finished Sq Ft: 2400
  • Bathroom 1: Dimensions: Full, On Level: Main
  • Bathroom 2: Dimensions: Full, On Level: Lower
  • Number Of Bedrooms: 4
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Thermo, Insulated

Exterior Features

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

Garage/Parking

  • Gar Car Capacity: Three

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Estimated Number of Acres: 2.3
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 13-21-01-170-014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2013
Closed on
Aug 18, 2014
Bought by
Hess Aaron
Seller's Agent
Craig Lively
North Shores Realty Group
Buyer's Agent
Beth Flynn
@properties Christie's International Real Estate - Petoskey
List Price
$239,000
Sold Price
$205,000
Premium/Discount to List
-$34,000
-14.23%
Current Estimated Value
$665,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$460,513
Avg. Annual Appreciation
10.83%
Original Mortgage
$209,407
Outstanding Balance
$159,613
Interest Rate
4.1%
Mortgage Type
Stand Alone First
Estimated Equity
$505,900

Purchase Details

Closed on
Aug 12, 1999
Sold by
Nbd Bank
Bought by
Chiodini James J and Chiodini Melanie J

Purchase Details

Closed on
Aug 6, 1998
Sold by
Orbeck Kenneth P and Orbeck Ellen D
Bought by
Nbd Bank

Purchase Details

Closed on
May 1, 1996
Bought by
Orbeck Pta
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Hess Aaron $205,000 --
Chiodini James J $232,900 --
Nbd Bank $223,300 --
Orbeck Pta $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hess Aaron $209,407
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2014 08/18/14 Sold $205,000 -14.2% $85 / Sq Ft
05/23/2014 05/23/14 Pending -- -- --
09/30/2013 09/30/13 For Sale $239,000 -- $100 / 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 $3,550 $224,000 $224,000 $0
2024 $16 $201,900 $201,900 $0
2023 $3,234 $186,600 $186,600 $0
2022 $3,234 $186,500 $186,500 $0
2021 $3,112 $151,700 $151,700 $0
2020 $3,063 $144,700 $144,700 $0
2019 -- $148,100 $148,100 $0
2018 -- $128,600 $128,600 $0
2017 -- $126,500 $126,500 $0
2016 -- $123,300 $123,300 $0
2015 -- $124,200 $0 $0
2014 -- $111,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 438603

Northern Michigan MLS

APN: 13-21-01-170-014