NOT LISTED FOR SALE

391 Skyline Dr Petoskey, MI 49770

Estimated Value: $654,000 - $748,000

5 Beds
3.5 Baths
3,592 Sq Ft
$197/Sq Ft Est. Value

Last Sold November 14, 2016

Last sale price $316,000 $88 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $4,100/month

103 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Whirlpool Bathtub
  • Cathedral Ceiling
  • Main Floor Primary Bedroom
  • First Floor Utility Room

About This Home

As of November 2016

Beautifully landscaped custom home with main floor master and laundry plus 2 additional bedrooms. Nine foot ceilings with cathedral living room. Kitchen features granite counter tops, stainless steel appliances and large pantry. Walkout lower level offers 2 additional bedrooms, bath, 2nd laundry room and large storage room. A must see for any serious homebuyer!

Last Agent to Sell the Property

Dave Watson

Real Estate One Listed on: 05/15/2016

Real Estate One

Co-Listed By

Steve Ludwig

Real Estate One

Last Buyer's Agent

Joe Blachy

Petoskey Real Estate Group

Home Details

Home Type

  • Single Family

Lot Details

  • 1.05

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 3,592 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Thermal Windows
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Propane Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 01-19-01-201-019

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 05/18/2016
  • Section: 01
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Built In Microwave, Cathedral Ceilings, Ceiling Fans, Central Air, Deck, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace, Range, Refrigerator, Washer, Whirl Pool, Wood Floors, Paved Road
  • Total Finished Sq Ft: 3592
  • Master Bedroom: Dimensions: 15 x 16, On Level: Main
  • Bedroom 2: Dimensions: 12 x 12, On Level: Main
  • Bedroom 3: Dimensions: 12 x 12, On Level: Main
  • Bedroom 4: Dimensions: 15 x 15, On Level: Lower
  • Basement: Full, Walkout
  • Dining Room: Dimensions: 10 x 15, On Level: Main
  • Kitchen: Dimensions: 12 x 15, On Level: Main
  • Family Room: Dimensions: 28 x 35, On Level: Lower
  • Living Room: Dimensions: 18 x 20, On Level: Main
  • Above Grade Finished Sq Ft: 2056
  • Bathroom 1: Dimensions: 2-Full and 1-Half, On Level: Main
  • Bathroom 2: Dimensions: Full, On Level: Lower
  • Number Of Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Rooms 1: Dimensions: Laundry and storage/mech, On Level: Lower
  • Rooms 2: Dimensions: Bedroom- 11 x 17.6, On Level: Lower
  • 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 and Half

Utilities

  • Heat Type: Forced Air, LP Gas
  • Sewer: Septic
  • Water: Well
  • Water Heater: Propane

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 01-19-01-201-019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2016
Closed on
Nov 14, 2016
Sold by
Schutte Joseph E and Schutte Michelle R
Bought by
Peterman Jason and Peterman Amy
Seller's Agent
Dave Watson
Real Estate One
Buyer's Agent
Joe Blachy
Petoskey Real Estate Group
List Price
$350,000
Sold Price
$316,000
Premium/Discount to List
-$34,000
-9.71%
Current Estimated Value
$707,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,742
Avg. Annual Appreciation
9.23%
Original Mortgage
$284,400
Outstanding Balance
$228,683
Interest Rate
3.47%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$479,059

Purchase Details

Closed on
Jan 10, 2011
Sold by
Kruskie Construction Llc
Bought by
Schutte Joseph E and Schutte Michelle R

Purchase Details

Closed on
Apr 9, 2008
Sold by
Kruskie James C and Kruskie Mary Ann
Bought by
Kruskie Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.17%

Purchase Details

Closed on
Jan 27, 2006
Sold by
Buck Mary Behan
Bought by
Kruskie James C and Mary Ann

Purchase Details

Closed on
May 18, 2000
Sold by
Wilhelm Thomas E
Bought by
Buck Mary Behan
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
Peterman Jason $316,000 Talcon Title
Schutte Joseph E $275,000 --
Kruskie Construction Llc -- --
Kruskie James C $45,000 --
Buck Mary Behan $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterman Jason $284,400
Previous Owner Kruskie Construction Llc $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2016 11/14/16 Sold $316,000 -9.7% $88 / Sq Ft
08/26/2016 08/26/16 Pending -- -- --
05/15/2016 05/15/16 For Sale $350,000 -- $97 / 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 $4,704 $277,600 $277,600 $0
2024 $4,704 $263,400 $263,400 $0
2023 $4,289 $222,600 $222,600 $0
2022 $4,289 $198,700 $198,700 $0
2021 $4,149 $192,400 $192,400 $0
2020 $4,073 $181,800 $181,800 $0
2019 $3,563 $179,100 $179,100 $0
2018 $3,471 $158,000 $158,000 $0
2017 -- $159,000 $159,000 $0
2016 -- $169,700 $169,700 $0
2015 -- $150,900 $0 $0
2014 -- $135,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 448281

Northern Michigan MLS

APN: 01-19-01-201-019