NOT LISTED FOR SALE

3735 Lorraine Dr Petoskey, MI 49770

Estimated Value: $541,590 - $616,000

5 Beds
3 Baths
3,154 Sq Ft
$183/Sq Ft Est. Value

Last Sold December 21, 2016

Last sale price $244,500 $78 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $3,300/month

4 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Wood Frame Window
  • Cathedral Ceiling
  • Lower Floor Utility Room
  • 3 Car Attached Garage

About This Home

As of December 2016

NEWER SPACIOUS RANCH in Farm neighborhood 3 miles to Petoskey Schools…NATURAL GAS for energy savings. 5 bedrooms 3 baths. 1796 sq. ft. on main level. Finished basement. 3 Cathedral ceilings. Newer carpeting. Beautiful Views. Over ½ acres with beautiful trees. BEST construction method for basement with ICF 3” foam form filled with 6” concrete. Quiet neighborhood. Oversized 2-car garage + extra garage for lawn equipment or small boat. ASK REALTOR FOR BROCHURE

Last Agent to Sell the Property

Joe Blachy

Petoskey Real Estate Group Listed on: 11/07/2016

Last Buyer's Agent

C.T. Shuman

Real Estate One

Real Estate One

Home Details

Home Type

  • Single Family

Lot Details

  • 0.62

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 3,154 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Blinds
  • Wood Frame Window
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 01-16-35-352-026

Home Details

Home Type

Single Family

Lot Details

0.62 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 11/07/2016
  • Measurement Source: Assessor
  • Section: 35
  • S E V Yr: $108,900/2016
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Built In Microwave, Cable, Cathedral Ceilings, Ceiling Fans, Central Air, Deck, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace, Mini Blinds, Paved Drive, Range, Refrigerator, Washer, Paved Road
  • Total Finished Sq Ft: 3154
  • Master Bedroom: Dimensions: 16 x 15, On Level: Main
  • Bedroom 2: Dimensions: 14 x 13, On Level: Main
  • Bedroom 3: Dimensions: 11 x 11'9", On Level: Main
  • Bedroom 4: Dimensions: 12 x 12, On Level: Main
  • Basement: Full
  • Dining Room: Dimensions: 15 x 9, On Level: Main
  • Kitchen: Dimensions: 13 x 15, On Level: Main
  • Family Room: Dimensions: 30 x 26, On Level: Lower
  • Living Room: Dimensions: 19 x 17, On Level: Main
  • Above Grade Finished Sq Ft: 1796
  • Bathroom 1: Dimensions: 15 x 8, On Level: Main
  • Bathroom 2: Dimensions: 7 x 4, On Level: Main
  • Number Of Bedrooms: 5
  • Full Bathrooms: 3
  • Rooms 1: Dimensions: 13 12, On Level: Lower
  • Rooms 2: Dimensions: 13 x 12, On Level: Lower
  • Windows: Wood Sash, Insulated

Exterior Features

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

Garage/Parking

  • Garage Carport: Garage-Attached
  • Gar Car Capacity: Three

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: Septic
  • Water: Well
  • Water Heater: Natural Gas, 40 Gal

Lot Info

  • Lot: Y
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 01-16-35-352-026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2016
Closed on
Dec 21, 2016
Sold by
Foster Bradford S and Foster Joyce I
Bought by
Malkowski Matthew and Schwartz Fischer Jamie
Seller's Agent
Joe Blachy
Petoskey Real Estate Group
Buyer's Agent
C.T. Shuman
Real Estate One
List Price
$249,000
Sold Price
$244,500
Premium/Discount to List
-$4,500
-1.81%
Current Estimated Value
$576,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,898
Avg. Annual Appreciation
9.73%
Original Mortgage
$195,600
Outstanding Balance
$160,379
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$416,019

Purchase Details

Closed on
Jul 9, 2014
Sold by
Foster Bradford S and Foster Joyce I
Bought by
Foster Bradford S and Foster Joyce I

Purchase Details

Closed on
Sep 23, 1998
Sold by
Johnson Jonathon R and Johnson Nancy D
Bought by
Foster Bradford S and Foster Joyce I

Purchase Details

Closed on
Aug 28, 1998
Sold by
Johnson Jonathon R and Johnson Nancy D
Bought by
Johnson Jonathon R and Johnson Nancy D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Malkowski Matthew $244,500 None Available
Foster Bradford S -- --
Foster Bradford S $169,900 --
Johnson Jonathon R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malkowski Matthew $195,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2016 12/21/16 Sold $244,500 -1.8% $78 / Sq Ft
11/11/2016 11/11/16 Pending -- -- --
11/07/2016 11/07/16 For Sale $249,000 -- $79 / 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 $3,617 $221,100 $221,100 $0
2024 $34 $207,400 $207,400 $0
2023 $3,298 $175,900 $175,900 $0
2022 $3,298 $157,700 $157,700 $0
2021 $3,190 $152,400 $152,400 $0
2020 $3,132 $144,500 $144,500 $0
2019 $2,580 $142,600 $142,600 $0
2018 $2,510 $121,500 $121,500 $0
2017 -- $123,500 $123,500 $0
2016 -- $108,900 $108,900 $0
2015 -- $97,600 $0 $0
2014 -- $91,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joe Blachy

    Seller's Agent in 2016

    Joe Blachy

    Petoskey Real Estate Group

    (231) 409-9119

    11 in this area

    107 Total Sales

    Joe Blachy
    Section Image
  • C.T. Shuman

    Buyer's Agent in 2016

    C.T. Shuman

    Real Estate One

    (231) 838-4200

    14 in this area

    130 Total Sales

    C.T. Shuman
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 450091

Northern Michigan MLS

APN: 01-16-35-352-026

Michigan Emmet County Petoskey 49770

3735 Lorraine Dr, Petoskey, MI

Not Listed for Sale

Detached

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