$400,000
SOLD JUN 13, 2023

2500 Hemlock Ln Petoskey, MI 49770

3 Beds
2.5 Baths
1,910 Sq Ft
1.5 Acres

Recently Sold

$209 Per Sq Ft

15% Above List Price

33 Days on Market

Highlights

  • Deck
  • Wood Frame Window
  • Living Room
  • First Floor Utility Room
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of June 2023

Welcome to this wonderful neighborhood where your kids can go out and ride their bikes in the streets! Roomy home sitting on 1.5 acres so you have some space. Lots of trees! Beautiful home in a beautiful spot close to Petoskey. Full basement is ready to make it your own. Perfect family home.

Last Agent to Sell the Property

Sharon Pressey

Coldwell Banker Schmidt - Petoskey Listed on: 05/11/2023

Coldwell Banker Schmidt - Petoskey

Last Buyer's Agent

William Winslow

Coldwell Banker Schmidt- Harbor Springs

Coldwell Banker Schmidt- Harbor Springs

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,474

Year Built

  • Built in 1990

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 1,910 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Wood Frame Window
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 2 Car Attached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Septic System

Additional Features

  • Deck
  • 1.5 Acre Lot

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 13-21-01-151-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,474

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1990
  • Lvt Date: 05/11/2023
  • Section: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1990

Interior Features

  • Features: Ceiling Fans, Central Air, Deck, Dishwasher, Dryer, Gas Fireplace, Paved Drive, Range, Refrigerator, Washer, Paved Road
  • Total Finished Sq Ft: 1910
  • Master Bedroom: Dimensions: 11.6 x 19.8, On Level: Upper
  • Bedroom 2: Dimensions: 11.9 x 11, On Level: Upper
  • Bedroom 3: Dimensions: 10.10 x 13.4, On Level: Upper
  • Bedroom 4: On Level: N/A
  • Basement: Block, Full
  • Dining Room: Dimensions: 11.5 x 10.3, On Level: Main
  • Kitchen: Dimensions: 11.8 x 12.6, On Level: Main
  • Family Room: Dimensions: 18.7 x 13, On Level: Main
  • Living Room: Dimensions: 16.9 x 11.5, On Level: Main
  • Above Grade Finished Sq Ft: 1910
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Upper
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Wood Sash

Exterior Features

  • Construction: Two Story +
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

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

Utilities

  • Heat Type: Natural Gas, Forced Air
  • 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 Number of Acres: 1.5
  • Zoning: Res

Tax Info

  • Assessor Parcel Number: 13-21-01-151-003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Jun 13, 2023
Sold by
Oehring Lisa
Bought by
Carey John and Carey Emma
Seller's Agent
Sharon Pressey
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
William Winslow
Coldwell Banker Schmidt- Harbor Springs
List Price
$349,000
Sold Price
$400,000
Premium/Discount to List
$51,000
14.61%
Total Days on Market
33
Views
370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.32%
Original Mortgage
$320,000
Outstanding Balance
$313,122
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$198,612

Purchase Details

Listed on
Jul 11, 2017
Closed on
Aug 8, 2017
Sold by
Henning Matthew Phillip and Henning Kara
Bought by
Oearing Lisa
Seller's Agent
Sharon Pressey
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Sharon Pressey
Coldwell Banker Schmidt - Petoskey
List Price
$249,900
Sold Price
$242,000
Premium/Discount to List
-$7,900
-3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%
Original Mortgage
$205,700
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 2011
Sold by
Gengle Mark C and Gengle Elizabeth M
Bought by
Henning Matthew Phillip and Henning Kara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,400
Interest Rate
4.32%

Purchase Details

Closed on
Jul 30, 2004
Sold by
Branciforte John F and Branciforte Kristyn A
Bought by
Gengle Mark C and Gengle Elizabeth M

Purchase Details

Closed on
Nov 3, 1999
Sold by
Molesta Robert J and Molesta Mindy H
Bought by
Branciforte John F and Branciforte Kristyn A

Purchase Details

Closed on
Jul 23, 1999
Sold by
Koepke Ernest and Koepke Mary
Bought by
Molesta Robert J and Molesta Mindy H

Purchase Details

Closed on
Mar 1, 1991
Bought by
Koepke New90

Purchase Details

Closed on
May 1, 1990
Sold by
Le Grand 2000Dn 11
Bought by
Giles New90 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 Type Sale Price Title Company
Warranty Deed $400,000 Talon Title Agency
Warranty Deed $242,000 None Available
Warranty Deed $183,000 --
Warranty Deed $250,000 --
Warranty Deed $177,900 --
Warranty Deed $183,500 --
Warranty Deed -- --
Warranty Deed $10,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $320,000 New Conventional
Previous Owner $205,700 Purchase Money Mortgage
Previous Owner $17,000 Credit Line Revolving
Previous Owner $150,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $146,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 For Sale $499,000 +24.8% $257 / Sq Ft
06/13/2023 06/13/23 Sold $400,000 +14.6% $209 / Sq Ft
05/11/2023 05/11/23 For Sale $349,000 +44.2% $183 / Sq Ft
08/08/2017 08/08/17 Sold $242,000 -3.2% $127 / Sq Ft
07/12/2017 07/12/17 Pending -- -- --
07/11/2017 07/11/17 For Sale $249,900 -- $131 / 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 $4,474 $192,900 $192,900 $0
2023 $2,935 $172,100 $172,100 $0
2022 $2,935 $157,000 $157,000 $0
2021 $2,825 $131,200 $131,200 $0
2020 $2,780 $132,800 $132,800 $0
2019 -- $135,500 $135,500 $0
2018 -- $115,300 $115,300 $0
2017 -- $106,700 $106,700 $0
2016 -- $104,000 $104,000 $0
2015 -- $102,100 $0 $0
2014 -- $88,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 470981

Northern Michigan MLS

APN: 13-21-01-151-003