NOT LISTED FOR SALE

3588 River Rd Petoskey, MI 49770

Estimated Value: $601,000 - $997,000

4 Beds
3.5 Baths
3,355 Sq Ft
$220/Sq Ft Est. Value

Last Sold September 08, 2016

Last sale price $320,000 $95 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $4,223/month

Highlights

  • 8.5 Acre Lot
  • Pole Barn
  • First Floor Utility Room
  • Cathedral Ceiling
  • Main Floor Primary Bedroom
  • Wood Frame Window

About This Home

As of September 2016

Panoramic views of the Bear River Valley with 8.5 acres of hardwoods and meadow. This home and property are exciting from every angle. With over 3350 ft. of total space this newly remodeled home has a new kitchen, new paint throughout and flooring options. Mahogany style flooring in the kitchen and dining room, a very special sun room, large two story decks, and separate hot but deck, and a large pole building. Only 3 miles from downtown Petoskey.

Last Agent to Sell the Property

Mark Ashley

Coldwell Banker Schmidt - Petoskey License #6502139858 Listed on: 09/08/2016

Coldwell Banker Schmidt - Petoskey

Last Buyer's Agent

Mark Ashley

Coldwell Banker Schmidt - Petoskey License #6502139858 Listed on: 09/08/2016

Coldwell Banker Schmidt - Petoskey

Home Details

Home Type

  • Single Family

Lot Details

  • 8.5 Acre Lot
  • Property is zoned F/A

Parking

  • 4 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Log Siding

Interior Spaces

  • 3,355 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Double Pane Windows
  • Insulated Windows
  • Wood Frame Window
  • Family Room on Second Floor
  • Living Room
  • Dining Room
  • First Floor Utility Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Basement

  • Partial Basement
  • Block Basement Construction

Outdoor Features

  • Pole Barn

Utilities

  • Heating System Uses Wood
  • Heating System Uses Propane
  • Well
  • Gas Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 01-19-21-300-024

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 09/08/2016
  • Measurement Source: Appraiser
  • Section: 21
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Cathedral Ceilings, Ceiling Fans
  • Total Finished Sq Ft: 3355
  • Master Bedroom: Dimensions: 15'9 x 11'9, On Level: Main
  • Bedroom 2: Dimensions: 14' x 13'9, On Level: Upper
  • Bedroom 3: Dimensions: 14'10 x 10'3, On Level: Upper
  • Bedroom 4: Dimensions: 12 x 12, On Level: Upper
  • Basement: Block, Partial
  • Dining Room: Dimensions: 11'6 x 11, On Level: Main
  • Kitchen: Dimensions: 12'9 x 11'6m, On Level: Main
  • Family Room: Dimensions: 24 x 24, On Level: Upper
  • Living Room: Dimensions: 27'8 x 15'2 + 13'6 x 11', On Level: Main
  • Above Grade Finished Sq Ft: 3105
  • Bathroom 1: Dimensions: 10' x 6'9, On Level: Main
  • Bathroom 2: Dimensions: 9'4 x 8', On Level: Main
  • Number Of Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Rooms 1: Dimensions: 14 x 14, On Level: Main
  • Rooms 2: Dimensions: 12 8, On Level: Upper
  • Windows: Wood Sash, Thermo, Insulated, Double

Exterior Features

  • Construction: Wood Frame/Site Built, Log, Two Story +
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

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

Utilities

  • Heat Type: LP Gas, Wood
  • Sewer: Septic
  • Water: Well
  • Water Heater: Gas

Lot Info

  • Estimated Number of Acres: 8.5
  • Zoning: F/A

Tax Info

  • Assessor Parcel Number: 01-19-21-300-024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2016
Closed on
Sep 7, 2016
Sold by
Nowak Keith and Nowak Keith D
Bought by
Dohm Joel and Dohm Jennifer
Seller's Agent
Mark Ashley
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Mark Ashley
Coldwell Banker Schmidt - Petoskey
List Price
$329,000
Sold Price
$320,000
Premium/Discount to List
-$9,000
-2.74%
Current Estimated Value
$738,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,391
Avg. Annual Appreciation
9.31%

Purchase Details

Closed on
Jun 5, 2009
Sold by
Brian Stinger Construction Inc
Bought by
Nowak Keith and Terry Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,875
Interest Rate
4.85%

Purchase Details

Closed on
Jan 16, 2008
Sold by
Us Bank Na
Bought by
Brian Stinger Construction Inc

Purchase Details

Closed on
May 5, 2007
Bought by
Us Bank National Association

Purchase Details

Closed on
Aug 3, 2006
Bought by
Property Asset Management Inc

Purchase Details

Closed on
Dec 22, 2005
Sold by
Hemstreet Ricky A and Hemstreet Angela K
Bought by
Fettig Patrick and Fettig Michelle

Purchase Details

Closed on
Mar 18, 1998
Bought by
Hemstreet Ricky A and Hemstreet Angela K
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
Dohm Joel $320,000 Tacon Title Agency
Nowak Keith $232,500 --
Brian Stinger Construction Inc $83,500 --
Us Bank National Association -- --
Property Asset Management Inc $310,100 --
Fettig Patrick $325,000 --
Hemstreet Ricky A $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nowak Keith $220,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2016 09/08/16 Sold $320,000 -2.7% $95 / Sq Ft
09/08/2016 09/08/16 Pending -- -- --
09/08/2016 09/08/16 For Sale $329,000 -- $98 / 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 $4,668 $307,200 $34,200 $273,000
2024 $44 $280,400 $34,200 $246,200
2023 $4,256 $236,900 $29,900 $207,000
2022 $4,256 $198,100 $27,800 $170,300
2021 $4,117 $195,200 $26,100 $169,100
2020 $4,042 $190,300 $10,900 $179,400
2019 $3,393 $187,200 $25,300 $161,900
2018 $3,302 $156,800 $25,300 $131,500
2017 -- $154,100 $25,300 $128,800
2016 -- $138,000 $10,000 $128,000
2015 -- $128,300 $0 $0
2014 -- $122,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 449651

Northern Michigan MLS

APN: 01-19-21-300-024