NOT LISTED FOR SALE

2918 Maxwell Rd Petoskey, MI 49770

Estimated Value: $374,232 - $877,000

3.05 Acres
$180,135 Price per Acre
132,858 Sq Ft Lot

Last Sold August 17, 2017

Last sale price $35,000

Est. 1,470% increase in value since last sale

Current estimated payment $3,105/month

Highlights

  • Water Views
  • Creek or Stream
  • Level Lot
  • Landscaped with Trees

About This Lot

As of August 2017

This building site offers a spacious field surrounded by hardwoods & evergreens, all topped off with a running creek on the west side. Perfect for a serene country setting off Maxwell & Greenwood Road S., just before Joy Lane.

Last Agent to Sell the Property

Tom Shier

Graham Real Estate Listed on: 06/19/2017

Last Buyer's Agent

Heidi Kresnak

Graham Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,414

Lot Details

  • 3.05 Acre Lot
  • Creek or Stream
  • Level Lot
  • Landscaped with Trees

Utilities

  • Well Required
  • Septic Needed
  • Phone Available

Additional Features

  • Water Views
  • Electricity Available at Street

Listing and Financial Details

  • Assessor Parcel Number 14-20-17-400-021

Property Details

Property Type

Land

Est. Annual Taxes

$2,414

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Lots/Land
  • Type 2: Acreage
  • Lvt Date: 06/20/2017
  • Section: T34
  • S E V Yr: 2017
  • Survey: Y
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Features: Electric, Phone, Mixed Trees, Electric Nearby, Stream/Creek

Exterior Features

  • Waterfront Water Access: Neither
  • Water View: Y

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: See Legal
  • Estimated Number of Acres: 3.05
  • Lot: Y
  • Zoning: Residential
  • Deed Restrictions: Yes
  • Improvements: Survey & Driveway
  • Number Of Acres: 2.01 - 4
  • Terrain: Slow Slope, Flat

Tax Info

  • Assessor Parcel Number: 14-20-17-400-021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2017
Closed on
Aug 15, 2017
Sold by
Paul J Matthews Trust
Bought by
Northington Jason and Northington Michelle
Seller's Agent
Tom Shier
Graham Real Estate
Buyer's Agent
Heidi Kresnak
Graham Real Estate
List Price
$39,900
Sold Price
$35,000
Premium/Discount to List
-$4,900
-12.28%
Current Estimated Value
$549,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$514,411
Avg. Annual Appreciation
39.96%
Original Mortgage
$217,758
Outstanding Balance
$180,010
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$369,401

Purchase Details

Closed on
Mar 2, 2005
Sold by
Matthews Paul J and Matthews Sara
Bought by
Matthews Paul J Trust

Purchase Details

Closed on
Sep 23, 2004
Sold by
Platte Bruce and Platte Jane
Bought by
Matthews Paul J and Matthews Sara
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Northington Jason $350,000 None Available
Matthews Paul J Trust -- --
Matthews Paul J $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Northington Jason $217,758
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2017 08/17/17 Sold $35,000 -12.3% --
07/06/2017 07/06/17 Pending -- -- --
06/19/2017 06/19/17 For Sale $39,900 -- --
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 $2,414 $190,700 $190,700 $0
2024 $2,414 $175,700 $175,700 $0
2023 $2,222 $144,800 $144,800 $0
2022 $2,222 $117,000 $117,000 $0
2021 $2,151 $93,800 $93,800 $0
2020 $2,043 $83,000 $83,000 $0
2019 -- $79,200 $79,200 $0
2018 -- $74,600 $74,600 $0
2017 -- $9,000 $9,000 $0
2016 -- $9,000 $9,000 $0
2015 -- $9,000 $0 $0
2014 -- $10,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 452295

Northern Michigan MLS

APN: 14-20-17-400-021