NOT LISTED FOR SALE

331 S Ellsworth Rd Petoskey, MI 49770

Estimated Value: $367,014 - $390,000

2 Beds
1.5 Baths
1,150 Sq Ft
$329/Sq Ft Est. Value

Last Sold August 21, 2023

Last sale price $325,000 $283 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,387/month

Highlights

  • Pole Barn
  • First Floor Utility Room
  • 4 Car Detached Garage
  • Main Floor Primary Bedroom
  • Snowmobile Trail
  • Thermal Windows

About This Home

As of August 2023

Well cared for and meticulously maintained home 2 miles from the Pickerel Lake boat launch. This home sits on 1.4 acres and has plenty of room for storage with a recently finished 30 x 48 pole barn with 14-foot sidewalls, a 26 x 16 large garden shed, as well as a 10 x 16 shed. Enjoy the flowing artesian well from the large patio in the backyard. This home is being sold mostly furnished including the riding lawn mower and snow blower.

Last Agent to Sell the Property

Kevin Olson

Graham Real Estate Listed on: 07/14/2023

Last Buyer's Agent

Rachel Bommarito

EXP Realty

EXP Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,457

Year Built

  • Built in 1985

Lot Details

  • 1.4 Acre Lot
  • Lot Dimensions are 200x300
  • Property is zoned FF2

Parking

  • 4 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,150 Sq Ft Home
  • Thermal Windows
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Pole Barn
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Propane Water Heater
  • Septic System
  • Cable TV Available

Community Details

  • Snowmobile Trail

Listing and Financial Details

  • Assessor Parcel Number 14-20-03-400-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,457

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1985
  • Lvt Date: 07/14/2023
  • Section: 3
  • Second Address Number: 331
  • Directions: Mitchell 6 miles to Ellsworth, 1 mile down Ellsworth.
  • Price per Sq Ft: 282.61
  • OFFICELIST_STATE: MI
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1985

Interior Features

  • Features: Cable, Dryer, Patio, Range, Washer, Near Snowmobile Trails, Paved Road
  • Total Finished Sq Ft: 1150
  • Master Bedroom: Dimensions: 13x12, On Level: Main
  • Bedroom 2: Dimensions: 12x12, On Level: Main
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Total Rooms: 6
  • Basement: Crawl
  • Dining Room: Dimensions: 12x12, On Level: Main
  • Kitchen: Dimensions: 14x12, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 16x14, On Level: Main
  • Above Grade Finished Sq Ft: 1150
  • Bathroom 1: Dimensions: Full 9x7, On Level: Main
  • Bathroom 2: Dimensions: Half, On Level: Main
  • Number Of Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Thermo

Exterior Features

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

Garage/Parking

  • Garage Carport: Garage-Detached
  • Gar Car Capacity: Four +

Utilities

  • Heat Type: Forced Air, LP Gas
  • Sewer: Septic
  • Water Heater: 40 Gal, Propane

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 200x300
  • Estimated Number of Acres: 1.4
  • Lot: Y
  • Zoning: FF2

Tax Info

  • Assessor Parcel Number: 14-20-03-400-004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Aug 21, 2023
Sold by
Ball Bradley and Ball Dawn
Bought by
Meyer Sean and Meyer Kimberly
Seller's Agent
Kevin Olson
Graham Real Estate
Buyer's Agent
Rachel Bommarito
EXP Realty
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%
Views
108
Current Estimated Value
$378,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,671
Avg. Annual Appreciation
7.55%
Original Mortgage
$260,000
Outstanding Balance
$237,135
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$141,536

Purchase Details

Listed on
Oct 13, 2013
Closed on
Nov 27, 2013
Sold by
Wilson Michael Thomas
Bought by
Ball Bradley and Ball Dawn
Seller's Agent
Deborah Graham
Berkshire Hathaway HomeServices Michigan Real Estate - Petoskey
Buyer's Agent
Kevin Olson
Graham Real Estate
List Price
$87,800
Sold Price
$85,000
Premium/Discount to List
-$2,800
-3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.76%
Original Mortgage
$68,000
Interest Rate
4.1%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 1, 2012
Sold by
Hofbauer Ronald L and Ronald L Hofbauer Trust Dated
Bought by
Wilson Michael Thomas

Purchase Details

Closed on
Nov 17, 2008
Sold by
Hofbauer Ronald L and Ronald L Hofbauer Trust Dated
Bought by
Hofbauer Ronald L and Ronald L Hofbauer Trust Dated

Purchase Details

Closed on
Jun 26, 2006
Bought by
Hofbauer Ronald L

Purchase Details

Closed on
Sep 4, 2001
Sold by
Hofbauer Lauren
Bought by
Hofbauer Lauren and Hofbauer Tammy

Purchase Details

Closed on
Sep 1, 1992
Bought by
Hofbauer

Purchase Details

Closed on
Jun 1, 1990
Bought by
Hofbauer

Purchase Details

Closed on
May 1, 1988
Sold by
May Cash
Bought by
Williams Rps
Source: Public Records

Range of Values:

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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
Meyer Sean $325,000 Cislo Title Company Title Insu
Ball Bradley $85,000 West Michigan Realtors Title
Wilson Michael Thomas $73,000 --
Hofbauer Ronald L -- --
Hofbauer Ronald L $90,000 --
Hofbauer Lauren -- --
Hofbauer $47,000 --
Hofbauer -- --
Williams Rps $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyer Sean $260,000
Previous Owner Ball Bradley $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/21/2023 08/21/23 Sold $325,000 -7.1% $283 / Sq Ft
07/14/2023 07/14/23 For Sale $349,900 +311.6% $304 / Sq Ft
11/27/2013 11/27/13 Sold $85,000 -3.2% $75 / Sq Ft View Prior Sale
10/22/2013 10/22/13 Pending -- -- --
10/13/2013 10/13/13 For Sale $87,800 -- $77 / 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 $4,457 $111,800 $4,700 $107,100
2024 $4,457 $100,300 $0 $100,300
2023 $1,877 $83,300 $0 $83,300
2022 $1,877 $53,400 $0 $53,400
2021 $1,817 $52,200 $0 $52,200
2020 $1,776 $53,100 $0 $53,100
2019 -- $51,000 $1,400 $49,600
2018 -- $47,100 $1,400 $45,700
2017 -- $46,400 $1,400 $45,000
2016 -- $45,000 $1,400 $43,600
2015 -- $41,600 $0 $0
2014 -- $36,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kevin Olson

    Seller's Agent in 2023

    Kevin Olson

    Graham Real Estate

    (231) 881-7303

    108 Total Sales

    Kevin Olson
    Section Image

  • R

    Buyer's Agent in 2023

    Rachel Bommarito

    EXP Realty

    Section Image

  • D

    Seller's Agent in 2013

    Deborah Graham

    Berkshire Hathaway HomeServices Michigan Real Estate - Petoskey

    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 471624

Northern Michigan MLS

APN: 14-20-03-400-004

Michigan Emmet County Petoskey 49770

331 S Ellsworth Rd, Petoskey, MI

This home is located at 331 S Ellsworth Rd, Petoskey, MI 49770 since 14 July 2023 and is currently estimated at $378,671, approximately $329 per square foot. This property was built in 1985. 331 S Ellsworth Rd is a home located in Emmet County with nearby schools including Petoskey High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Michigan MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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