NOT LISTED FOR SALE

320 Foster Woods Rd Petoskey, MI 49770

Estimated Value: $34,966 - $69,000

3.23 Acres
$16,094 Price per Acre
140,699 Sq Ft Lot

Last Sold November 25, 2020

Last sale price $25,000

Est. 108% increase in value since last sale

Current estimated payment $323/month

Highlights

  • 3.23 Acre Lot
  • Hilly Lot
  • Landscaped with Trees

About This Lot

As of November 2020

Great parcel to build your dream home. Near Bill's Farm Market and close to Petoskey. An area already cleared for you to build and is perfect for a walkout. Driveway base is already in. 3.23 acres of wooded ground awaits you. Walk this parcel soon!

Last Agent to Sell the Property

Bruce Croff

North Shores Realty Group Listed on: 04/14/2016

North Shores Realty Group

Last Buyer's Agent

Connie Lenau

Harbor Sothebys International Realty

Harbor Sothebys International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $571

Lot Details

  • 3.23 Acre Lot
  • Hilly Lot
  • Landscaped with Trees

Utilities

  • Well Required
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 01-19-01-100-015

Property Details

Property Type

Land

Est. Annual Taxes

$571

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Lots/Land
  • Type 2: Acreage
  • Lvt Date: 04/18/2016
  • Section: 1
  • Survey: y
  • Hd Approved: y
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Features: Hard Wood, Mixed Trees

Exterior Features

  • Waterfront Water Access: Neither

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Schools

  • School District: Petoskey

Lot Info

  • Estimated Number of Acres: 3.23
  • Zoning: Residential
  • Deed Restrictions: twp & no mobiles or metal
  • Number Of Acres: 2.01 - 4
  • Terrain: Hilly

Tax Info

  • Assessor Parcel Number: 01-19-01-100-015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2016
Closed on
Nov 25, 2020
Sold by
Fletcher Charles M Trust
Bought by
Herman Andrew R and Herman Dana W
Seller's Agent
Bruce Croff
North Shores Realty Group
Buyer's Agent
Connie Lenau
Harbor Sothebys International Realty
List Price
$29,900
Sold Price
$25,000
Premium/Discount to List
-$4,900
-16.39%
Current Estimated Value
$51,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,983
Avg. Annual Appreciation
16.26%
Original Mortgage
$22,500
Outstanding Balance
$19,968
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$32,015

Purchase Details

Closed on
Jan 26, 2015
Sold by
Fletcher Charles M and Fletcher Charles Marvin
Bought by
Fletcher Charles M and Charles M Fletcher Trust Dated 1/26/15

Purchase Details

Closed on
May 15, 2003
Sold by
Hawk Carla and Edsall Lewis
Bought by
Fletcher Charles Marvin
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
Herman Andrew R $25,000 --
Fletcher Charles M -- --
Fletcher Charles Marvin $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herman Andrew R $22,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $25,000 -16.4% --
06/01/2020 06/01/20 For Sale $29,900 +19.6% --
06/01/2020 06/01/20 Off Market $25,000 -- --
04/14/2016 04/14/16 For Sale $36,900 -- --
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 $571 $24,500 $24,500 $0
2024 $571 $19,800 $19,800 $0
2023 $520 $15,100 $15,100 $0
2022 $520 $14,600 $14,600 $0
2021 $503 $11,700 $11,700 $0
2020 $863 $22,700 $22,700 $0
2019 $808 $22,700 $22,700 $0
2018 $797 $23,300 $23,300 $0
2017 -- $23,300 $23,300 $0
2016 -- $22,700 $22,700 $0
2015 -- $21,000 $0 $0
2014 -- $23,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 447762

Northern Michigan MLS

APN: 01-19-01-100-015