NOT LISTED FOR SALE

3900 Lorraine Dr Petoskey, MI 49770

Estimated Value: $41,270 - $273,000

0.75 Acre
$164,091 Price per Acre
32,670 Sq Ft Lot

Last Sold August 30, 2019

Last sale price $27,000

Est. 356% increase in value since last sale

Current estimated payment $704/month

130 Days on Market

About This Lot

As of August 2019

Beautiful lot close to Petoskey Schools & shopping. Great neighborhood of well built homes.

Last Agent to Sell the Property

Sharon Pressey

Coldwell Banker Schmidt - Petoskey Listed on: 04/05/2019

Coldwell Banker Schmidt - Petoskey

Last Buyer's Agent

Dave Watson

Real Estate One

Real Estate One

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $357

Lot Details

  • 0.75 Acre Lot
  • Level Lot
  • Open Lot

Utilities

  • Well Required
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 01-16-35-352-006

Property Details

Property Type

Land

Est. Annual Taxes

$357

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Lots/Land
  • Type 2: Lot
  • Lvt Date: 04/05/2019
  • Section: 35
  • Hd Approved: Yes
  • Second Address Number: 3900
  • Directions: Take E. Mitchell to Alcan, turn left, follow to Lorraine.
  • OFFICELIST_STATE: MI
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Features: Natural Gas

Exterior Features

  • Waterfront Water Access: Neither

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Estimated Number of Acres: 0.75
  • Zoning: R-1
  • Number Of Acres: Under 1
  • Terrain: Flat, Open

Tax Info

  • Assessor Parcel Number: 01-16-35-352-006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2019
Closed on
Aug 30, 2019
Sold by
Brummeler Steve and Brummeler Electa
Bought by
Merriam Breen P and Merriam Karen S
Seller's Agent
Sharon Pressey
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Dave Watson
Real Estate One
List Price
$27,900
Sold Price
$27,000
Premium/Discount to List
-$900
-3.23%
Current Estimated Value
$123,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,068
Avg. Annual Appreciation
28.98%

Purchase Details

Closed on
Mar 22, 2017
Sold by
Klepadld Dannis J and Klepaldo Hilary A
Bought by
Brummeler Steve and Brummeler Elecia

Purchase Details

Closed on
Sep 24, 2004
Sold by
Klepadlo Dennis J and Klepadlo Hilary A
Bought by
Brummeler Steve and Brummeler Electa

Purchase Details

Closed on
May 2, 2003
Sold by
Collin Elden Charboneau Builders
Bought by
Klepadlo Dennis J and Klepadlo Hilary A

Purchase Details

Closed on
Apr 17, 2002
Bought by
Collin Elden Charboneau Builders In

Purchase Details

Closed on
Oct 17, 2001
Sold by
Pfeifle Thomas F and Pfeifle Jean M
Bought by
Pfeifle Jean M Trustee

Purchase Details

Closed on
Jun 19, 1998
Bought by
Ferguson Danny K
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Merriam Breen P $27,000 Talon Group
Brummeler Steve $30,000 None Available
Brummeler Steve $30,000 --
Klepadlo Dennis J $23,000 --
Collin Elden Charboneau Builders In $22,500 --
Pfeifle Jean M Trustee -- --
Ferguson Danny K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merriam Breen P $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2019 08/30/19 Sold $27,000 -3.2% --
04/05/2019 04/05/19 For Sale $27,900 -- --
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 $357 $22,100 $22,100 $0
2024 $357 $16,000 $16,000 $0
2023 $326 $14,400 $14,400 $0
2022 $326 $13,800 $13,800 $0
2021 $315 $12,700 $12,700 $0
2020 $314 $12,700 $12,700 $0
2019 $532 $12,700 $12,700 $0
2018 $529 $13,300 $13,300 $0
2017 -- $13,300 $13,300 $0
2016 -- $13,000 $13,000 $0
2015 -- $12,400 $0 $0
2014 -- $13,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Sharon Pressey

    Coldwell Banker Schmidt - Petoskey

    Section Image

  • D

    Buyer's Agent in 2019

    Dave Watson

    Real Estate One

    (231) 838-0343

    3 in this area

    9 Total Sales

    Section Image
See All Agents

Map

Source: Northern Michigan MLS

MLS Number: 458035

Northern Michigan MLS

APN: 01-16-35-352-006

Michigan Emmet County Petoskey 49770

3900 Lorraine Dr, Petoskey, MI

This home is located at 3900 Lorraine Dr, Petoskey, MI 49770 since 05 April 2019 and is currently estimated at $123,068. 3900 Lorraine Dr is a home located in Emmet County with nearby schools including Petoskey High School, Concord Academy of Petoskey, and Petoskey Montessori Children's.

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.

Nearby Homes