NOT LISTED FOR SALE

2546 W Sheridan Rd Petoskey, MI 49770

Estimated Value: $576,000 - $866,000

4 Beds
3 Baths
3,085 Sq Ft
$244/Sq Ft Est. Value

Last Sold October 27, 2020

Last sale price $464,000 $150 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,863/month

Highlights

  • Water Views
  • 1.6 Acre Lot
  • First Floor Utility Room
  • Second Garage
  • Deck
  • Snowmobile Trail

About This Home

As of October 2020

MAGNIFICENT VIEWS OF LAKE MICHIGAN…1.6 Acres of privacy. COMPLETELY RENOVATED: NEW…Kitchen and Bathrooms. NEW…floor coverings! NEW…paint inside and out! NEW…appliances. NEW…Deck. 2 ½ car attached garage PLUS 30 ft X 20 ft detached garage. Oversized property 225 X 323 with circle drive. Just outside City of Petoskey for lower taxes. 2 Fireplaces. GIGANTIC walk-out Family-Game room. 4 bedrooms 3 full baths. 3,065 sq. ft. of living space. ASK REALTOR FOR FOUR-COLOR BROCHURE. New ductless air conditioner.

Last Agent to Sell the Property

Joe Blachy

Petoskey Real Estate Group Listed on: 07/31/2020

Last Buyer's Agent

Penny Cash

Coldwell Banker Schmidt - Boyne City

Coldwell Banker Schmidt - Boyne City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,513

Lot Details

  • 1.6 Acre Lot
  • Lot Dimensions are 225 x 323

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 3,085 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Dryer
  • Water Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Built-In Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Car Garage
  • Second Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Well
  • Septic System

Community Details

  • Snowmobile Trail

Listing and Financial Details

  • Assessor Parcel Number 13 18 01 351 028 and 300

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,513

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 07/31/2020
  • Measurement Source: Owner
  • Section: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Built In Microwave, Deck, Dryer, Paved Drive, Range, Refrigerator, Near Snowmobile Trails
  • Total Finished Sq Ft: 3085
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Lower
  • Bedroom 4: On Level: Lower
  • Total Rooms: 9
  • Basement: Full, Finished
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Lower
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 1663
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 4
  • Full Bathrooms: 3
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Thermo

Exterior Features

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

Garage/Parking

  • Garage Carport: Garage-Attached, Garage-Detached
  • Gar Car Capacity: Four +

Utilities

  • Sewer: Septic
  • Water: Well

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 225 x 323
  • Estimated Number of Acres: 1.6
  • Lot: Y
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 13 18 01 351 028 and 300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2020
Closed on
Oct 27, 2020
Sold by
Westcott Kevin
Bought by
Thomas William S & Patricia A Trust
Seller's Agent
Joe Blachy
Petoskey Real Estate Group
Buyer's Agent
Penny Cash
Coldwell Banker Schmidt - Boyne City
List Price
$479,000
Sold Price
$464,000
Premium/Discount to List
-$15,000
-3.13%
Current Estimated Value
$751,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,959
Avg. Annual Appreciation
10.29%
Original Mortgage
$371,200
Outstanding Balance
$329,004
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$422,955

Purchase Details

Closed on
Apr 5, 2004
Sold by
Kan Katherine
Bought by
Kan Katherine Lee Rev Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Thomas William S & Patricia A Trust $464,000 --
Kan Katherine Lee Rev Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas William S & Patricia A Trust $371,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2020 10/27/20 Sold $464,000 -3.1% $150 / Sq Ft
07/31/2020 07/31/20 For Sale $479,000 +77.4% $155 / Sq Ft
11/06/2019 11/06/19 Sold $270,000 -9.7% $99 / Sq Ft
10/15/2019 10/15/19 Price Changed $299,000 -8.0% $110 / Sq Ft
07/31/2019 07/31/19 Price Changed $325,000 -6.9% $119 / Sq Ft
06/13/2019 06/13/19 For Sale $349,000 -- $128 / 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
2025 $10,513 $304,000 $304,000 $0
2024 $10,513 $303,800 $303,800 $0
2023 $9,559 $307,400 $307,400 $0
2022 $9,559 $292,900 $292,900 $0
2021 $9,223 $224,100 $224,100 $0
2020 $8,284 $201,500 $201,500 $0
2019 -- $226,700 $226,700 $0
2018 -- $249,300 $249,300 $0
2017 -- $242,800 $242,800 $0
2016 -- $222,100 $222,100 $0
2015 -- $222,400 $0 $0
2014 -- $212,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 462796

Northern Michigan MLS

APN: 13-18-01-351-008