NOT LISTED FOR SALE

Estimated Value: $221,578

1.05 Acres
$211,027 Price per Acre
45,738 Sq Ft Lot

Sale Details

Date Sold: January 8, 2021

Last sale price $56,500

Est. 292% increase in value since last sale

Current estimated payment $1,298 / mo

13 Days on Market

About This Lot

As of January 2021

Building site close to Petoskey, with a well, septic, and garage in place. Approximately 2.5 miles outside of Petoskey's famed Gaslight District. With historically low inventory of homes for sale, maybe it's time to visit the idea of building a home in Northern Michigan.

Last Agent to Sell the Property

Pete Platte

Gaslight Group Properties Listed on: 12/09/2020

Last Buyer's Agent

Pete Platte

Gaslight Group Properties Listed on: 12/09/2020

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Property Details

Property Type

  • Land

Lot Details

  • 1.05 Acre Lot
  • Property is zoned FF-1

Utilities

  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 01-19-18-400-011

Property Details

Property Type

Land

Lot Details

1.05 Acres

Listing Details

  • Class: LOTS/LAND
  • Type: Lots/Land
  • Type 2: Acreage
  • Lvt Date: 12/11/2020
  • Section: 18
  • S E V Yr: $30,200
  • Hd Approved: Y
  • Second Address Number: 2556
  • Directions: From Mitchell Street in Petoskey, turn south onto Emmet Street. Follow past Clarion Avenue. Property is located just past Intertown Road on the right side of Howard Road.
  • OFFICELIST_STATE: MI
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Features: Electric

Exterior Features

  • Waterfront Water Access: Neither

Utilities

  • Sewer: Septic
  • Water: Well

Schools

  • School District: Petoskey

Lot Info

  • Estimated Number of Acres: 1.05
  • Zoning: FF-1
  • Number Of Acres: 1 - 2

Tax Info

  • Assessor Parcel Number: 01-19-18-400-011

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2020
Closed on
Jan 8, 2021
Sold by
Bought by
Seller's Agent
Pete Platte
Gaslight Group Properties
Buyer's Agent
Pete Platte
Gaslight Group Properties
List Price
$79,900
Sold Price
$56,500
Premium/Discount to List
-$23,400
-29.29%
Current Estimated Value
$221,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,078
Avg. Annual Appreciation
27.81%

Purchase Details

Closed on
Aug 19, 2016
Sold by
Bought by

Purchase Details

Closed on
Aug 24, 2012
Sold by
Bought by

Purchase Details

Closed on
Aug 1, 1994
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$56,500 --
$31,500 None Available
-- --
$23,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $43,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/08/2021 01/08/21 Sold $56,500 -29.3% --
12/09/2020 12/09/20 For Sale $79,900 -- --
Source: Northern Michigan MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,466 $50,400 $6,800 $43,600
2025 $1,466 $46,800 $5,500 $41,300
2024 $14 $45,600 $5,500 $40,100
2023 $1,333 $34,800 $4,800 $30,000
2022 $1,333 $31,000 $4,500 $26,500
2021 $1,165 $30,500 $30,500 $0
2020 $660 $30,200 $30,200 $0
2019 $621 $29,700 $29,700 $0
2018 $606 $28,800 $28,800 $0
2017 -- $26,900 $26,900 $0
2016 -- $26,300 $26,300 $0
2015 -- $26,100 $0 $0
2014 -- $24,400 $0 $0
Source: Public Records

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Map

Source: Northern Michigan MLS

MLS Number: 463932

Northern Michigan MLS

APN: 01-19-18-400-011

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