NOT LISTED FOR SALE

324 Grove St Petoskey, MI 49770

Estimated Value: $405,000 - $430,000

3 Beds
2.5 Baths
1,416 Sq Ft
$295/Sq Ft Est. Value

Last Sold October 30, 2018

Last sale price $312,000 $220 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,427/month

38 Days on Market

Highlights

  • Water Views
  • Living Room
  • Dining Room
  • Main Floor Primary Bedroom
  • Forced Air Heating System
  • 3-minute walk to St Francis Xavier Playground

About This Home

As of October 2018

This home has gone through a complete transformation. Wonderful water views from various rooms throughout the home. Thoughtful floor plan makes for easy living. Light and bright living room welcomes you to the home. Main floor master suite boasts double closets with window seat. Master bathroom with walk in shower, classic white tile, heated floors for chilly mornings. 1/2 Bath off Living Room. Kitchen with white cabinetry, quartz counter tops and new stainless appliances. Dining room off kitchen with access to newly poured back patio. Upstairs boasts 2 bedrooms, full bath with original claw foot tub, and laundry closet. Eco Friendly Distressed Bamboo Floors throughout. Plan to entertain family and friends on the spacious patio off kitchen and dining room. Detached former garage perfect for studio or workshop and provides an abundance of storage for your toys. Off street parking. Close proximity to the Gaslight District - enjoy restaurants, shopping and church bells! To the studs renovation - spray foam insulation,new Marvin windows, new doors, new natural gas forced air furnace, new gas water heater, heated floors in full baths. Details typical of older homes - 8" baseboards, transom windows, solid wood 5-panel doors. Move in and immediately enjoy the ease of living in Downtown Petoskey!

Last Agent to Sell the Property

Maria Shreve

Coldwell Banker Schmidt- Harbor Springs Listed on: 08/25/2018

Coldwell Banker Schmidt- Harbor Springs

Last Buyer's Agent

Pete Platte

Gaslight Group Properties

Home Details

Home Type

  • Single Family

Lot Details

  • Lot Dimensions are 50x106
  • Property is zoned 401-Residential

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,416 Sq Ft Home
  • Living Room
  • Dining Room
  • Second Floor Utility Room
  • Water Views
  • Michigan Basement

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 52-19-06-277-047

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 08/25/2018
  • Section: 6
  • Second Address Number: 324
  • Directions: Mitchell to SOUTH on Howard, RIGHT on Grove, Second House on LEFT
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Built In Microwave, Dishwasher, Range, Refrigerator
  • Total Finished Sq Ft: 1416
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: N/A
  • Basement: Michigan
  • 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: 1416
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Upper
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Marvin

Exterior Features

  • Construction: Wood Frame/Site Built
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither
  • Water View: Y

Utilities

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

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 50x106
  • Zoning: 401-Residential

Tax Info

  • Assessor Parcel Number: 52-19-06-277-047

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2020
Sold by
Eberhart Michael
Bought by
Eberhart Diana
Current Estimated Value
$417,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,800
Outstanding Balance
$259,777
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$157,319

Purchase Details

Listed on
Aug 25, 2018
Closed on
Oct 29, 2018
Sold by
Shreve Maria S
Bought by
Eberhart Diana and Eberhart Michael
Seller's Agent
Maria Shreve
Coldwell Banker Schmidt- Harbor Springs
Buyer's Agent
Pete Platte
Gaslight Group Properties
List Price
$344,500
Sold Price
$312,000
Premium/Discount to List
-$32,500
-9.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.10%
Original Mortgage
$296,400
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 1, 2017
Closed on
Nov 3, 2017
Sold by
Colyer Buck and Colyer Lynn A
Bought by
Shreve Maria S
Seller's Agent
Kyle Lieberman
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Maria Shreve
Coldwell Banker Schmidt- Harbor Springs
List Price
$124,900
Sold Price
$117,000
Premium/Discount to List
-$7,900
-6.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
169.32%
Original Mortgage
$93,600
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2009
Sold by
Lunceford Glendon and Lunceford Rita
Bought by
Phillips Gary W and Phillips Leona S

Purchase Details

Closed on
Oct 14, 2005
Bought by
Lunceford Glendon and Lunceford Rita

Purchase Details

Closed on
Feb 9, 2004
Sold by
Phillips Gary
Bought by
Phillips Gary & Leona Trust

Purchase Details

Closed on
Dec 27, 2001
Sold by
Arsenault Mary B Est
Bought by
Phillips Gary W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Eberhart Diana -- --
Eberhart Diana $312,000 --
Shreve Maria S -- Crossroads Title
Phillips Gary W -- --
Lunceford Glendon $130,400 --
Phillips Gary & Leona Trust -- --
Phillips Gary W $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eberhart Diana $293,800
Previous Owner Eberhart Diana $296,400
Previous Owner Shreve Maria S $93,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2018 10/30/18 Sold $312,000 -6.7% $220 / Sq Ft
09/22/2018 09/22/18 Price Changed $334,500 -2.9% $236 / Sq Ft
08/25/2018 08/25/18 For Sale $344,500 +194.4% $243 / Sq Ft
11/03/2017 11/03/17 Sold $117,000 -6.3% $86 / Sq Ft View Prior Sale
10/03/2017 10/03/17 Pending -- -- --
09/01/2017 09/01/17 For Sale $124,900 +30.1% $92 / Sq Ft
12/18/2014 12/18/14 Sold $96,000 -3.9% $70 / Sq Ft View Prior Sale
11/02/2014 11/02/14 Pending -- -- --
10/08/2014 10/08/14 For Sale $99,900 -- $73 / Sq Ft
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 $3,211 $154,700 $154,700 $0
2024 $31 $133,600 $133,600 $0
2023 $2,944 $109,900 $109,900 $0
2022 $2,944 $102,400 $102,400 $0
2021 $2,866 $97,100 $97,100 $0
2020 $2,897 $80,600 $80,600 $0
2019 -- $79,100 $79,100 $0
2018 -- $57,700 $57,700 $0
2017 -- $50,200 $50,200 $0
2016 -- $51,100 $51,100 $0
2015 -- $51,500 $0 $0
2014 -- $54,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 456472

Northern Michigan MLS

APN: 52-19-06-277-047