NOT LISTED FOR SALE

3960 Us Highway 131 Petoskey, MI 49770

Estimated Value: $160,022 - $334,000

2 Beds
1 Bath
634 Sq Ft
$416/Sq Ft Est. Value

Last Sold December 23, 2014

Last sale price $16,100 $25 Per Sq Ft

Est. 1,538% increase in value since last sale

Current estimated payment $1,605/month

159 Days on Market

Highlights

  • Wood Flooring
  • Wood Frame Window
  • Shed
  • Main Floor Primary Bedroom
  • Living Room
  • Heating System Uses Propane

About This Home

As of December 2014

Variable. 1 big room for the living room, dining room, and kitchen. It has master bedroom built in the back side of garage with front part for for another bedroom, storage, etc. It has an outside covered entrance. View of Walloon Lake and Country Side. Land Contract available. Land Contract must be for the full purchase amount with a minimum of $6,500 down.

Last Agent to Sell the Property

Patricia Frisbey

Frisbey Real Estate Listed on: 03/05/2014

Last Buyer's Agent

Patricia Frisbey

Frisbey Real Estate Listed on: 03/05/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,500

Lot Details

  • Lot Dimensions are 250' x 75'
  • Property is zoned FF1

Parking

  • 1 Car Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 634 Sq Ft Home
  • Vinyl Clad Windows
  • Wood Frame Window
  • Living Room
  • Wood Flooring
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Shed

Utilities

  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 01-19-19-300-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,500

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Measurement Source: Agent
  • Section: 19
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Range, Wood Floors
  • Total Finished Sq Ft: 634
  • Master Bedroom: Dimensions: 9'5 X 15'2, On Level: Main
  • Bedroom 2: Dimensions: 9'11 X 11'3, On Level: Main
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Total Rooms: 4
  • Basement: Crawl
  • Dining Room: On Level: N/A
  • Kitchen: Dimensions: CONNECTED W/LIVING ROOM, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 17'5 X 15'4, On Level: Main
  • Above Grade Finished Sq Ft: 634
  • Bathroom 1: Dimensions: 13'3 X 11'5, On Level: Main
  • Bathroom 2: On Level: N/A
  • Number Of Bedrooms: 2
  • Full Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Wood Sash, Vinyl

Exterior Features

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

Garage/Parking

  • Gar Car Capacity: One

Utilities

  • Heat Type: LP Gas, Electric
  • Sewer: Septic
  • Water: Well
  • Water Heater: Electric, 40 Gal

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 250' x 75'
  • Zoning: FF1

Tax Info

  • Assessor Parcel Number: 01-19-19-300-016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2024
Sold by
Jewell-Leonard Marjorie and The Estate Of Charles Edward Leonard
Bought by
Leonard Marjorie Jewell and Leonard Y
Total Days on Market
159
Current Estimated Value
$263,756

Purchase Details

Closed on
Sep 10, 2024
Sold by
Leonard Charles E Estate
Bought by
Leonard Jewell Marjorie

Purchase Details

Closed on
Feb 28, 2022
Sold by
Emmet County Treasurer
Bought by
Leonard Charles E

Purchase Details

Listed on
Mar 5, 2014
Closed on
Dec 23, 2014
Sold by
Little Lyle W and Little Virginia B
Bought by
Leonard Charles E
Seller's Agent
Patricia Frisbey
Frisbey Real Estate
Buyer's Agent
Patricia Frisbey
Frisbey Real Estate
List Price
$27,000
Sold Price
$16,100
Premium/Discount to List
-$10,900
-40.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.69%
Original Mortgage
$14,100
Interest Rate
3.95%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Oct 28, 2010
Sold by
Little Virginia and Smith George Stanley
Bought by
Little Lyle and Little Virginia

Purchase Details

Closed on
Jul 1, 1994
Bought by
Smith Rps

Purchase Details

Closed on
Feb 1, 1987
Bought by
Phillips

Purchase Details

Closed on
Aug 1, 1982
Bought by
Scribner
Source: Public Records

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Range of Values:

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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
Leonard Marjorie Jewell -- --
Leonard Jewell Marjorie -- --
Leonard Charles E $915 --
Leonard Charles E $16,100 None Available
Little Lyle -- --
Smith Rps $33,000 --
Phillips $16,000 --
Scribner $11,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leonard Charles E $14,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2014 12/23/14 Sold $16,100 -40.4% $25 / Sq Ft
08/11/2014 08/11/14 Pending -- -- --
03/05/2014 03/05/14 For Sale $27,000 -- $43 / 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
2024 $1,500 $57,200 $57,200 $0
2023 $1,365 $47,700 $47,700 $0
2022 $1,365 $43,000 $43,000 $0
2021 $762 $40,400 $40,400 $0
2020 $748 $38,400 $38,400 $0
2019 $704 $38,200 $38,200 $0
2018 $687 $33,400 $33,400 $0
2017 -- $33,100 $33,100 $0
2016 -- $31,100 $31,100 $0
2015 -- $28,100 $0 $0
2014 -- $30,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2014

    Patricia Frisbey

    Frisbey Real Estate

See All Agents

Map

Source: Northern Michigan MLS

MLS Number: 439548

Northern Michigan MLS

APN: 01-19-19-300-016

Michigan Emmet County Petoskey 49770

3960 Us Highway 131, Petoskey, MI

This home is located at 3960 Us Highway 131, Petoskey, MI 49770 since 05 March 2014 and is currently estimated at $263,756, approximately $416 per square foot. 3960 Us Highway 131 is a home located in Emmet County with nearby schools including Petoskey High School, St. Francis Xavier School, and Petoskey Sda Elementary School.

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.

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