NOT LISTED FOR SALE

320 W Jefferson St Petoskey, MI 49770

Estimated Value: $341,175 - $463,000

2 Beds
2 Baths
1,000 Sq Ft
$391/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $235,000 $235 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,498/month

5 Days on Market

Highlights

  • Deck
  • First Floor Utility Room
  • Living Room
  • Main Floor Primary Bedroom
  • Thermal Windows
  • 3-minute walk to Bear River Recreation Area

About This Home

As of November 2020

This adorable home has undergone an extensive renovation over the past year, and is move-in ready for your seasonal or year-round use! This home enjoys all the best of living in Petoskey, from the gorgeous views of Little Traverse Bay, to shopping and dining within easy walking distance. This 2bed, 2bath home has enjoyed tasteful updates throughout, and offers ample room for adding a garage or expanding the living space. This home is a clean, efficient option for both year-round and seasonal buyers.

Last Agent to Sell the Property

Kyle Lieberman

Kidd & Leavy Real Estate Co. LLC Listed on: 10/08/2020

Last Buyer's Agent

Kyle Lieberman

Kidd & Leavy Real Estate Co. LLC Listed on: 10/08/2020

Home Details

Home Type

  • Single Family

Lot Details

  • 7,231

Home Design

  • Wood Frame Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • Ceiling Fan
  • Thermal Windows
  • Insulated Windows
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Range

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Deck
  • Property is zoned RM-2

Listing and Financial Details

  • Assessor Parcel Number 52-19-06-127-040

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 10/09/2020
  • Section: 6
  • Second Address Number: 320
  • Directions: From Spring St, turn north on Liberty St and continue to Jefferson. Property on right.
  • OFFICELIST_STATE: MI
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Cable, Ceiling Fans, Deck, Dryer, Range, Refrigerator, Washer, Paved Road
  • Total Finished Sq Ft: 1000
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Basement: Crawl, Partial
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: N/A
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 1000
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 2
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Thermo, Insulated, Andersen

Exterior Features

  • Construction: Wood Frame/Site Built
  • Waterfront Water Access: Neither

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Petoskey

Lot Info

  • Zoning: RM-2

Tax Info

  • Assessor Parcel Number: 52-19-06-127-040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2020
Closed on
Nov 20, 2020
Sold by
Ryan Daniel K
Bought by
Winterbottom John R and Winterbottom Jane
Seller's Agent
Kyle Lieberman
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Kyle Lieberman
Kidd & Leavy Real Estate Co. LLC
List Price
$239,900
Sold Price
$235,000
Premium/Discount to List
-$4,900
-2.04%
Current Estimated Value
$390,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,544
Avg. Annual Appreciation
10.37%
Original Mortgage
$188,000
Outstanding Balance
$165,835
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$224,709

Purchase Details

Listed on
Jul 9, 2019
Closed on
Jul 9, 2019
Sold by
Pope Jack L and Pope Patricia A
Bought by
Ryan Daniel K and Ryan Mary A
Seller's Agent
Kyle Lieberman
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Kyle Lieberman
Kidd & Leavy Real Estate Co. LLC
List Price
$140,000
Sold Price
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.95%
Original Mortgage
$112,000
Interest Rate
3.82%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Winterbottom John R -- --
Ryan Daniel K -- Crossroads Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winterbottom John R $188,000
Previous Owner Ryan Daniel K $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2020 11/20/20 Sold $235,000 -2.0% $235 / Sq Ft
10/08/2020 10/08/20 For Sale $239,900 +71.4% $240 / Sq Ft
07/09/2019 07/09/19 Sold $140,000 0.0% $140 / Sq Ft View Prior Sale
07/09/2019 07/09/19 For Sale $140,000 -- $140 / Sq Ft
06/15/2019 06/15/19 Pending -- -- --
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 $5,471 $147,200 $147,200 $0
2024 $52 $123,900 $123,900 $0
2023 $4,839 $122,900 $122,900 $0
2022 $4,981 $94,400 $94,400 $0
2021 $4,839 $91,200 $91,200 $0
2020 $4,046 $75,000 $75,000 $0
2019 -- $80,200 $80,200 $0
2018 -- $81,500 $81,500 $0
2017 -- $74,300 $74,300 $0
2016 -- $74,800 $74,800 $0
2015 -- $65,700 $0 $0
2014 -- $65,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 463473

Northern Michigan MLS

APN: 52-19-06-127-040