$127,500
SOLD FEB 10, 2025

3434 Pickerel Lake Rd Petoskey, MI 49770

2 Beds
1 Bath
800 Sq Ft
0.5 Acres

Recently Sold

$159 Per Sq Ft

17% Above List Price

19 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • 2 Car Detached Garage
  • Dining Room
  • First Floor Utility Room
  • Living Room
  • Gas Fireplace

About This Home

As of February 2025

Located just north of Petoskey past the junction of M-119 and US-31 you will find this half-acre lot at the base of The Bay View Heights Subdivision bursting with potential. The house needs some TLC and is being sold as-is but the 25 x 28 garage that is detached from the house is ideal for someone looking for a boat, car, or general storage and a house that with some love, could be a great rental/weekend getaway. $109,000 a stick-built home with an existing well and septic is unheard of, and it's first come first serve with almost immediate possession available. Call today for a personal tour.

Last Agent to Sell the Property

Michael MacCarthy

Gaslight Group Properties Listed on: 01/22/2025

Last Buyer's Agent

Michael MacCarthy

Gaslight Group Properties Listed on: 01/22/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $481

Lot Details

  • 0.5 Acre Lot
  • Property is zoned EC R-1

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 800 Sq Ft Home
  • Gas Fireplace
  • Living Room
  • Dining Room
  • First Floor Utility Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Heating System Uses Natural Gas
  • Well
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 01-16-34-200-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$481

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 01/22/2025
  • Section: 34
  • Second Address Number: 3434
  • Directions: Just 1 mile north of the junction of M-119 & US-131 North in Petoskey turn right on Pickerel Lake and the property is on the corner of Bay View Heights and Pickerel Lake Road.
  • Price per Sq Ft: 159.38
  • OFFICELIST_STATE: MI
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Cable, Dryer, Gas Fireplace, Washer, Paved Road
  • Total Finished Sq Ft: 800
  • Master Bedroom: Dimensions: 11' x 11", On Level: Main
  • Bedroom 2: Dimensions: 12' x 10", On Level: Main
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Total Rooms: 5
  • Dining Room: Dimensions: 12' 5" x 12' 5", On Level: Main
  • Kitchen: Dimensions: 11' x 9', On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 12" x 12' 5", On Level: Main
  • Above Grade Finished Sq Ft: 800
  • Bathroom 1: Dimensions: 5' x 6", On Level: Main
  • Bathroom 2: On Level: N/A
  • Number Of Bedrooms: 2
  • Full Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A

Exterior Features

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

Garage/Parking

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

Utilities

  • Heat Type: Natural Gas
  • Sewer: Septic
  • Water: Well

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Estimated Number of Acres: 0.5
  • Zoning: EC R-1

Tax Info

  • Assessor Parcel Number: 01-16-34-200-005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2025
Closed on
Feb 10, 2025
Sold by
Budek Dawn J and Budek Martin Leo
Bought by
Walker Bros Llc
Seller's Agent
Michael MacCarthy
Gaslight Group Properties
Buyer's Agent
Michael MacCarthy
Gaslight Group Properties
List Price
$109,000
Sold Price
$127,500
Premium/Discount to List
$18,500
16.97%
Views
173
Current Estimated Value
$134,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,028
Avg. Annual Appreciation
6.49%
Original Mortgage
$40,000
Outstanding Balance
$39,894
Interest Rate
6.65%
Mortgage Type
Credit Line Revolving
Estimated Equity
$92,011

Purchase Details

Closed on
Jul 2, 2024
Sold by
Budek Dawn J and Budek Y
Bought by
Budek Martin Leo and Budek Y

Purchase Details

Closed on
Nov 1, 1989
Bought by
Budek
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 Type Sale Price Title Company
Warranty Deed $127,500 Cislo Title Company
Quit Claim Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $40,000 Credit Line Revolving
Open $102,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2025 02/10/25 Sold $127,500 +17.0% $159 / Sq Ft
01/22/2025 01/22/25 For Sale $109,000 -- $136 / 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 $481 $65,900 $65,900 $0
2024 $481 $56,000 $56,000 $0
2023 $439 $46,900 $46,900 $0
2022 $439 $43,200 $43,200 $0
2021 $424 $38,100 $38,100 $0
2020 $417 $36,900 $36,900 $0
2019 $392 $36,600 $36,600 $0
2018 $383 $30,800 $30,800 $0
2017 -- $30,100 $30,100 $0
2016 -- $27,900 $27,900 $0
2015 -- $25,100 $0 $0
2014 -- $21,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 475667

Northern Michigan MLS

APN: 01-16-34-200-005