NOT LISTED FOR SALE

2520 Hemlock Ln Petoskey, MI 49770

Estimated Value: $548,000 - $856,000

4 Beds
2 Baths
1,789 Sq Ft
$378/Sq Ft Est. Value

Last Sold August 25, 2021

Last sale price $439,500 $246 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,354/month

6 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Lower Floor Utility Room
  • Cathedral Ceiling
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage

About This Home

As of August 2021

What we love about our home is that this house is so bright and open with the light from all the large windows. The beautiful hardwood floors mixed with the stone tile. Sitting on the deck surrounded by trees. Sitting on the front porch viewing the beautiful landscaping. The choice of multiple trails to hike all minutes from my front door. Walking to Walloon Lake in under 15 Minutes where there is a charming park and swimming available. Enjoy all the light from the large windows. feature vaulted ceilings, sparkling wood floors with custom in lay. Main floor master with lovely ensuite bath. Granite & Stainless steel appliances in kitchen. Great room with Gas fireplace. Bonus room & a spacious walk out with many windows and plumbed for 3rd bathroom. Walk the many conservancy trails & Swim at the Resort Township Park on Walloon Lake. House has new Central air and is wired for a generator.

Last Agent to Sell the Property

Carol Fay

Coldwell Banker Schmidt - Petoskey Listed on: 07/04/2021

Coldwell Banker Schmidt - Petoskey

Last Buyer's Agent

Matthew Tamm

Kidd & Leavy Real Estate Co. LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 1.08

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,789 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Vinyl Clad Windows
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Wood Flooring

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • 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 13-21-01-151-007

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2006
  • Lvt Date: 07/06/2021
  • Measurement Source: Assessor
  • Section: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Features: Built In Microwave, Cable, Cathedral Ceilings, Ceiling Fans, Central Air, Deck, Dishwasher, Dryer, Range, Refrigerator, Washer, Wood Floors, Paved Road
  • Total Finished Sq Ft: 1789
  • Master Bedroom: Dimensions: 12'2 X 12'9, On Level: Main
  • Bedroom 2: Dimensions: 10'10 X 10'10, On Level: Main
  • Bedroom 3: Dimensions: 10'10 X 8'10, On Level: Main
  • Bedroom 4: On Level: N/A
  • Basement: Full, Walkout, Poured
  • Dining Room: Dimensions: 11 X 10'4, On Level: Main
  • Kitchen: Dimensions: 12 x 13, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 20'2 X 15, On Level: Main
  • Above Grade Finished Sq Ft: 1789
  • Bathroom 1: Dimensions: 12'2 X 12'9, On Level: Main
  • Bathroom 2: On Level: N/A
  • Number Of Bedrooms: 4
  • Full Bathrooms: 2
  • Rooms 1: Dimensions: Mud Room 8'9 X 6'3, On Level: Main
  • Rooms 2: Dimensions: 24'2 X 13'10, On Level: Upper
  • Windows: Vinyl, Pella

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, Forced Air
  • Sewer: Septic
  • Water: Well
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Association: The Hemlocks (Petoskey)
  • Association: Yes
  • Fees: $0

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 13-21-01-151-007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2021
Closed on
Aug 23, 2021
Sold by
Peters Derek Michael
Bought by
Babinski Miroslaw and Babinski Agnieszka Regina
Seller's Agent
Carol Fay
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Matthew Tamm
Kidd & Leavy Real Estate Co. LLC
List Price
$429,500
Sold Price
$439,500
Premium/Discount to List
$10,000
2.33%
Current Estimated Value
$722,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,911
Avg. Annual Appreciation
10.22%
Original Mortgage
$139,500
Outstanding Balance
$104,844
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$570,850

Purchase Details

Listed on
Oct 16, 2017
Closed on
Mar 9, 2018
Sold by
Mantie Jacob and Manthei Rachel E
Bought by
Peters Derek M and Peters Bree M
Seller's Agent
Stephanie Jones
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Carol Fay
Coldwell Banker Schmidt - Petoskey
List Price
$315,000
Sold Price
$300,000
Premium/Discount to List
-$15,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.63%
Original Mortgage
$250,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 2007
Sold by
Manthei Jacob
Bought by
Manthei Jacob and Zehnder Rachels E

Purchase Details

Closed on
Nov 8, 2005
Bought by
Manthei Jacob

Purchase Details

Closed on
May 24, 2000
Sold by
Nagel Erich and Nagel Joanne
Bought by
Nagel Erich Max and Ttee Joanne E
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Babinski Miroslaw -- --
Peters Derek M -- --
Manthei Jacob -- --
Manthei Jacob $44,300 --
Nagel Erich Max -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Babinski Miroslaw $139,500
Previous Owner Peters Derek M $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/25/2021 08/25/21 Sold $439,500 +2.3% $246 / Sq Ft
07/04/2021 07/04/21 For Sale $429,500 +43.2% $240 / Sq Ft
03/09/2018 03/09/18 Sold $300,000 -4.8% $168 / Sq Ft View Prior Sale
01/22/2018 01/22/18 Pending -- -- --
10/16/2017 10/16/17 For Sale $315,000 -- $176 / 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 $7,138 $358,000 $358,000 $0
2024 $32 $319,800 $319,800 $0
2023 $12,078 $293,100 $293,100 $0
2022 $12,078 $292,500 $292,500 $0
2021 $3,800 $164,100 $164,100 $0
2020 $3,818 $165,200 $165,200 $0
2019 $154 $167,000 $167,000 $0
2018 -- $140,500 $140,500 $0
2017 -- $137,700 $137,700 $0
2016 -- $133,700 $133,700 $0
2015 -- $135,400 $0 $0
2014 -- $120,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 465705

Northern Michigan MLS

APN: 13-21-01-151-007