NOT LISTED FOR SALE

322 Bay St Unit C Petoskey, MI 49770

-- Bed
-- Bath
1,600 Sq Ft
7,841 Sq Ft Lot

About This Home

This home is located at 322 Bay St Unit C, Petoskey, MI 49770. 322 Bay St Unit C is a home located in Emmet County with nearby schools including Petoskey High School, St. Francis Xavier School, and Petoskey Montessori Children's.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2016
Sold by
Shafer Bay Ltd Llc
Bought by
Petoskey Land & Cattle Co Inc and Land & Cattle Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,400,000
Outstanding Balance
$2,780,437
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 13, 2007
Sold by
Shafer Bay Ltd
Bought by
Shafer Bay Ltd Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$826,374
Interest Rate
6.76%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 8, 2006
Sold by
Shafer John D and Shafer Thomas H
Bought by
Shafer Bay Ltd

Purchase Details

Closed on
Apr 7, 1999
Bought by
Shafer John David and Shafer Thomas

Purchase Details

Closed on
Jan 7, 1998
Sold by
Shafer Lucille M
Bought by
Shafer Lucille M Trust
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Petoskey Land & Cattle Co Inc -- None Available
Shafer Bay Ltd Llc -- --
Shafer Bay Ltd -- --
Shafer John David -- --
Shafer Lucille M Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petoskey Land & Cattle Co Inc $3,400,000
Previous Owner Shafer Bay Ltd Llc $826,374
Source: Public Records

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 $16,978 $554,800 $554,800 $0
2024 $16,978 $532,100 $532,100 $0
2023 $15,429 $474,200 $474,200 $0
2022 $15,429 $449,600 $449,600 $0
2021 $15,001 $429,000 $429,000 $0
2020 $15,010 $354,300 $354,300 $0
2019 -- $323,000 $323,000 $0
2018 -- $331,000 $331,000 $0
2017 -- $306,700 $306,700 $0
2016 -- $291,300 $291,300 $0
2015 -- $281,300 $0 $0
2014 -- $274,600 $0 $0
Source: Public Records

Map

Michigan Emmet County Petoskey 49770

322 Bay St Unit C, Petoskey, MI

This home is located at 322 Bay St Unit C, Petoskey, MI 49770. 322 Bay St Unit C is a home located in Emmet County with nearby schools including Petoskey High School, St. Francis Xavier School, and Petoskey Montessori Children's.

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