NOT LISTED FOR SALE

350 Orchard Ridge Dr Petoskey, MI 49770

Estimated Value: $440,380 - $660,000

4 Beds
2 Baths
1,601 Sq Ft
$312/Sq Ft Est. Value

Last Sold December 07, 2018

Last sale price $219,900 $137 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $2,841/month

11 Days on Market

Highlights

  • Deck
  • First Floor Utility Room
  • 2 Car Attached Garage
  • Main Floor Primary Bedroom
  • Thermal Windows
  • Living Room

About This Home

As of December 2018

Perfectly located family or retirement home just outside the Petoskey City Limits featuring main floor living space with wood flooring, a large island in the kitchen and a central open concept floor plan with a 3 bedroom wing on one side of the home and an additional full ensuite on the opposite side. Extremely clean and efficient home in the popular Orchard Ridge neighborhood that is priced to sell and could be ready for almost immediate occupancy. The full basement has a large room that is partially finished and ready to be turned into: a kids game room, craft/hobby room, your own adult lounge, home office, or whatever your imagination will allow. Great fenced in back yard for pets, small sundrenched garden area, and a large covered front porch for rest and relaxation round out this fantastic offering that is only 2 miles to the center of the Gaslight District and even closer to schools, shopping, dining, golf, skiing.... Great house, great neighborhood, great price and with the holidays quickly approaching it could be yours just in time.

Last Agent to Sell the Property

Michael MacCarthy

Gaslight Group Properties Listed on: 10/26/2018

Last Buyer's Agent

Stephanie Jones

Kidd & Leavy Real Estate Co. LLC

Home Details

Home Type

  • Single Family

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,601 Sq Ft Home
  • Thermal Windows
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 01-19-04-255-103

Home Details

Home Type

Single Family

Lot Details

0 Sq Ft Lot

HOA Fees

$21 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 10/26/2018
  • Section: 4
  • Second Address Number: 350
  • Directions: From the corner of Mitchell and Howard Street in the center of downtown Petoskey travel East on Mitchell approx. 2 miles. Right on Orchard Ridge Drive, second house on the left.
  • OFFICELIST_STATE: MI
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Built In Microwave, Cable, Deck, Dishwasher, Garbage Disposal, Paved Drive, Range, Refrigerator
  • Total Finished Sq Ft: 1601
  • Master Bedroom: Dimensions: 12.11 x 10, On Level: Main
  • Bedroom 2: Dimensions: 12.5 x 11.10, On Level: Main
  • Bedroom 3: Dimensions: 11 x 12, On Level: Main
  • Bedroom 4: Dimensions: 12.3 x 8.10, On Level: Main
  • Basement: Full
  • Dining Room: Dimensions: 13.8 x 11, On Level: Main
  • Kitchen: Dimensions: 13.8 x 11, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 13.2 x 17.6, On Level: Main
  • Above Grade Finished Sq Ft: 1601
  • Bathroom 1: Dimensions: 7.6 x 10, On Level: Main
  • Bathroom 2: Dimensions: 7.6 x 8.2, On Level: Main
  • Number Of Bedrooms: 4
  • Full Bathrooms: 2
  • 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-Attached
  • Gar Car Capacity: Two

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: Township
  • Water: Well

Condo/Co-op/Association

  • Association: Yes
  • Fees: $250

Schools

  • School District: Petoskey

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 01-19-04-255-103

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2018
Closed on
Dec 7, 2018
Sold by
Ohuafi Heather M and Ohuafi Mesullame
Bought by
Hinmon Katherine M and Hinmon Scott A
Seller's Agent
Michael MacCarthy
Gaslight Group Properties
Buyer's Agent
Stephanie Jones
Kidd & Leavy Real Estate Co. LLC
List Price
$219,900
Sold Price
$219,900
Current Estimated Value
$499,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,695
Avg. Annual Appreciation
12.07%
Original Mortgage
$216,682
Outstanding Balance
$189,399
Interest Rate
4.8%
Estimated Equity
$310,196

Purchase Details

Listed on
Jul 18, 2016
Closed on
Sep 15, 2016
Sold by
Case William G
Bought by
Ohuafi Heather M and Ohuafi Mesuilame
Seller's Agent
Don Toffolo
Pat O'Brien & Associates - Boyne City
Buyer's Agent
Michael MacCarthy
Gaslight Group Properties
List Price
$179,900
Sold Price
$178,000
Premium/Discount to List
-$1,900
-1.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.99%
Original Mortgage
$142,400
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 22, 2015
Closed on
Mar 4, 2016
Sold by
Williams Kim
Bought by
Case William G
Seller's Agent
C.T. Shuman
Real Estate One
Buyer's Agent
Don Toffolo
Pat O'Brien & Associates - Boyne City
List Price
$195,000
Sold Price
$170,000
Premium/Discount to List
-$25,000
-12.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%
Original Mortgage
$155,000
Interest Rate
3.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 2014
Sold by
Marge Marge and Korr Mary Ann
Bought by
Petersen Todd R and Johnson Christie E

Purchase Details

Closed on
Jan 17, 2008
Sold by
Petersen Todd and Petersen Christi L
Bought by
Korr Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,854
Interest Rate
5%

Purchase Details

Closed on
Jan 23, 2007
Sold by
Potter Deborah K and Potter Jay
Bought by
Peterson Todd

Purchase Details

Closed on
May 13, 2003
Sold by
Graham Wanda and Graham Duane
Bought by
Potter Deborah K and Potter Jay
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
Hinmon Katherine M $219,900 --
Ohuafi Heather M $178,000 Attorney
Case William G $170,000 Tacon Title Agency
Petersen Todd R -- --
Korr Mary Ann $28,000 --
Peterson Todd $28,000 --
Potter Deborah K $31,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hinmon Katherine M $216,682
Previous Owner Ohuafi Heather M $142,400
Previous Owner Case William G $155,000
Previous Owner Korr Mary Ann $120,854
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/07/2018 12/07/18 Sold $219,900 0.0% $137 / Sq Ft
10/26/2018 10/26/18 For Sale $219,900 +23.5% $137 / Sq Ft
09/16/2016 09/16/16 Sold $178,000 -1.1% $111 / Sq Ft View Prior Sale
07/21/2016 07/21/16 Pending -- -- --
07/18/2016 07/18/16 For Sale $179,900 +5.8% $112 / Sq Ft
03/04/2016 03/04/16 Sold $170,000 -12.8% $106 / Sq Ft View Prior Sale
01/09/2016 01/09/16 Pending -- -- --
09/22/2015 09/22/15 For Sale $195,000 -- $122 / 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 $3,044 $162,500 $162,500 $0
2024 $29 $154,000 $154,000 $0
2023 $2,776 $130,300 $130,300 $0
2022 $2,776 $116,400 $116,400 $0
2021 $2,685 $112,800 $112,800 $0
2020 $2,636 $106,700 $106,700 $0
2019 $2,213 $105,200 $105,200 $0
2018 $2,056 $93,800 $93,800 $0
2017 -- $95,400 $95,400 $0
2016 -- $102,600 $102,600 $0
2015 -- $91,100 $0 $0
2014 -- $80,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael MacCarthy

    Seller's Agent in 2018

    Michael MacCarthy

    Gaslight Group Properties

    (231) 838-7700

    20 in this area

    181 Total Sales

    Michael MacCarthy
    Section Image
  • Stephanie Jones

    Buyer's Agent in 2018

    Stephanie Jones

    Kidd & Leavy Real Estate Co. LLC

    (231) 844-4410

    8 in this area

    137 Total Sales

    Stephanie Jones
    Section Image

  • D

    Seller's Agent in 2016

    Don Toffolo

    Pat O'Brien & Associates - Boyne City

    Section Image
  • C.T. Shuman

    Seller's Agent in 2016

    C.T. Shuman

    Real Estate One

    (231) 838-4200

    14 in this area

    131 Total Sales

    C.T. Shuman
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 457035

Northern Michigan MLS

APN: 01-19-04-255-103

Michigan Emmet County Petoskey 49770

350 Orchard Ridge Dr, Petoskey, MI

Not Listed for Sale

Detached

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