NOT LISTED FOR SALE

3201 Sunset Ln Petoskey, MI 49770

Estimated Value: $1,039,000 - $1,528,000

3 Beds
2 Baths
1,827 Sq Ft
$688/Sq Ft Est. Value

Sale Details

Date Sold: August 23, 2013

Last sale price $509,000 $279 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $8,407 / mo

23 Days on Market

Highlights

  • 180 Feet of Waterfront
  • Deck
  • Main Floor Primary Bedroom
  • Docks
  • Cathedral Ceiling
  • First Floor Utility Room

About This Home

As of August 2013

Sunset View & Privacy: Located on one of the premiere lots on Crooked Lake, this 3 BR home, nestled under some of the most incredible towering pines, is situated on 180' of safe, sandy, shoreline. Enjoy cruising the Inland Waterway or just plain relaxing on shore. You'll love the Cabana with ample decking for sunbathing or entertaining.

Last Agent to Sell the Property

Bill Takalo

Coldwell Banker Schmidt - Petoskey Listed on: 06/20/2013

Coldwell Banker Schmidt - Petoskey

Last Buyer's Agent

Barbie Hornbeck

Berkshire Hathaway HomeServices Real Estate - BC

Berkshire Hathaway HomeServices Real Estate - BC

Home Details

Home Type

  • Single Family

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 180x250x250x250
  • 180 Feet of Waterfront
  • Sprinkler System

HOA Fees

  • $11 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Built-Up Roof

Interior Spaces

  • 1,827 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Water Views
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Docks
  • Deck
  • Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Baseboard Heater
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic System
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 07-17-20-326-001

Home Details

Home Type

Single Family

Lot Details

1 Acres

HOA Fees

$11 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Section: 20
  • S E V Yr: $256,600/2013
  • Survey: Y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: AC Wall Unit, Cathedral Ceilings, Ceiling Fans, Deck, Dishwasher, Dock, Dryer, Patio, Paved Drive, Range, Refrigerator, Satellite Dish, Sprinkler System, Washer
  • Total Finished Sq Ft: 1827
  • Master Bedroom: Dimensions: 12x11.5, On Level: Main
  • Bedroom 2: Dimensions: 12x11.5, On Level: Main
  • Bedroom 3: Dimensions: 11x10, On Level: Main
  • Bedroom 4: On Level: N/A
  • Basement: Crawl
  • Dining Room: Dimensions: Combo w/kit, On Level: Main
  • Kitchen: Dimensions: 17x20.5, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 21x19, On Level: Main
  • Above Grade Finished Sq Ft: 1827
  • Bathroom 1: Dimensions: Full, On Level: Main
  • Bathroom 2: Dimensions: Full, On Level: Main
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Rooms 1: Dimensions: 11x10 Office/Den, On Level: Main
  • Rooms 2: On Level: N/A

Exterior Features

  • Construction: Wood Frame/Site Built
  • Lake: Crooked
  • Roof: Built Up
  • Waterfront Frontage: 180
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Private Ownership

Garage/Parking

  • Garage Carport: Garage-Attached
  • Gar Car Capacity: Two and Half

Utilities

  • Heat Type: LP Gas, Hot Water Baseboard
  • Sewer: Septic
  • Water: Well
  • Water Heater: Electric
  • Well Size Depth: UNK

Condo/Co-op/Association

  • Association: Yes
  • Fees: 130

Lot Info

  • Estimated Lot Dimensions: 180x250x250x250
  • Estimated Number of Acres: 1
  • Lot: Y
  • Zoning: Res

Tax Info

  • Assessor Parcel Number: 07-17-20-326-001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2013
Closed on
Aug 23, 2013
Sold by
Pollio Ralph A and Buckel Robert M
Bought by
Mcmahan Mark R and Mcmahan Karen S
Seller's Agent
Bill Takalo
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Barbie Hornbeck
Berkshire Hathaway HomeServices Real Estate - BC
List Price
$550,000
Sold Price
$509,000
Premium/Discount to List
-$41,000
-7.45%
Current Estimated Value
$1,256,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$747,506
Avg. Annual Appreciation
7.42%
Original Mortgage
$400,000
Outstanding Balance
$99,097
Interest Rate
4.29%
Estimated Equity
$1,157,409

Purchase Details

Closed on
Dec 13, 1999
Sold by
Harris Jack D and Harris Dorothy
Bought by
Harris Jack D & Dorothy Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcmahan Mark R $509,000 --
Harris Jack D & Dorothy Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmahan Mark R $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2013 08/23/13 Sold $509,000 -7.5% $279 / Sq Ft
07/13/2013 07/13/13 Pending -- -- --
06/20/2013 06/20/13 For Sale $550,000 -- $301 / Sq Ft
Source: Northern Michigan MLS

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 $19,548 $599,300 $599,300 $0
2024 $49 $553,000 $553,000 $0
2023 $16,625 $491,200 $491,200 $0
2022 $16,625 $438,400 $438,400 $0
2021 $15,939 $424,800 $424,800 $0
2020 $15,683 $424,600 $424,600 $0
2019 -- $392,400 $392,400 $0
2018 -- $208,100 $208,100 $0
2017 -- $267,200 $267,200 $0
2016 -- $274,000 $274,000 $0
2015 -- $278,300 $0 $0
2014 -- $264,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 437467

Northern Michigan MLS

APN: 07-17-20-326-001

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