NOT LISTED FOR SALE

4131 Lake Grove Rd Petoskey, MI 49770

Estimated Value: $418,000 - $753,000

5 Beds
2 Baths
2,500 Sq Ft
$247/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $515,000 $206 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,685/month

Highlights

  • Wood Burning Stove
  • First Floor Utility Room
  • Thermal Windows
  • Wood Flooring
  • Wood Frame Window
  • 2 Car Attached Garage

About This Home

As of November 2022

Nestled on a private wooded acre in a prestigious area only 4 miles from town, sits this spacious custom-built home, bursting with character. Freshly refinished wood floors, newly tiled entrance, and tongue and groove ceilings add to the charm of this home. 5 bedrooms allow for flexibility to work from home with plenty of room to spare. Whether you are looking for an up north get away, or your forever home, this one has been lovingly maintained and is ready for you. The property abuts to acres of Walloon Lake Conservancy and is one mile from the township waterfront park. Other updates include new furnace, AC, water heater, quartz countertops and stove, all this year.

Last Agent to Sell the Property

Amanda Conklin

Real Estate One Listed on: 10/02/2022

Real Estate One

Last Buyer's Agent

Elton Laura

Keller Williams Northern Michigan Horizon

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,980

Lot Details

  • 1.16

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Thermal Windows
  • Vinyl Clad Windows
  • Insulated Windows
  • Wood Frame Window
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heating System Uses Wood
  • Well
  • Natural Gas Water Heater
  • Septic System

Additional Features

  • Shed
  • 1.16 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 13-18-22-400-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,980

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 10/03/2022
  • Measurement Source: Agent
  • Section: 22
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Central Air, Dishwasher, Dryer, Paved Drive, Range, Refrigerator, Washer, Wood Floors, Wood Stove, Paved Road
  • Total Finished Sq Ft: 2500
  • Master Bedroom: Dimensions: 18X12, On Level: Upper
  • Bedroom 2: Dimensions: 15X10, On Level: Main
  • Bedroom 3: Dimensions: 13X10, On Level: Main
  • Bedroom 4: Dimensions: 10X13, On Level: Lower
  • Total Rooms: 7
  • Basement: Full, Finished
  • Dining Room: Dimensions: 11X9, On Level: Main
  • Kitchen: Dimensions: 1.5X11, On Level: Main
  • Family Room: Dimensions: 13X20, On Level: Lower
  • Living Room: Dimensions: 17X20, On Level: Main
  • Above Grade Finished Sq Ft: 1900
  • Bathroom 1: Dimensions: 10X9, On Level: Main
  • Bathroom 2: Dimensions: 10X8, On Level: Lower
  • Number Of Bedrooms: 5
  • Full Bathrooms: 2
  • Rooms 1: Dimensions: 10X9, On Level: Main
  • Rooms 2: On Level: N/A
  • Windows: Wood Sash, Thermo, Insulated, Vinyl, Andersen

Exterior Features

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

Garage/Parking

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

Utilities

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

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 1.06
  • Estimated Number of Acres: 1.16
  • Lot: Y
  • Zoning: res

Tax Info

  • Assessor Parcel Number: 13-18-22-400-007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2022
Closed on
Nov 4, 2022
Sold by
Boling Bryan K and Boling Barbara
Bought by
Moore Robert
Seller's Agent
Amanda Conklin
Real Estate One
Buyer's Agent
Elton Laura
Keller Williams Northern Michigan Horizon
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%
Current Estimated Value
$616,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,769
Avg. Annual Appreciation
6.42%
Original Mortgage
$315,500
Outstanding Balance
$306,330
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$310,439

Purchase Details

Closed on
Nov 8, 2019
Sold by
Lightfoot Daniel
Bought by
Boling Bryan K and Boling Barbarfa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,000
Interest Rate
3.5%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Moore Robert $515,000 Talon Title Agency
Boling Bryan K $262,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Robert $315,500
Previous Owner Boling Bryan K $262,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2022 11/04/22 Sold $515,000 -1.9% $206 / Sq Ft
10/02/2022 10/02/22 For Sale $525,000 -- $210 / 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 $4,980 $256,400 $5,800 $250,600
2024 $4,980 $253,800 $5,800 $248,000
2023 $2,955 $204,500 $5,000 $199,500
2022 $2,955 $0 $0 $0
2021 $2,955 $127,600 $4,800 $122,800
2020 $2,981 $129,000 $129,000 $0
2019 -- $120,700 $120,700 $0
2018 -- $102,400 $102,400 $0
2017 -- $98,400 $98,400 $0
2016 -- $97,800 $97,800 $0
2015 -- $97,800 $0 $0
2014 -- $88,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amanda Conklin

    Seller's Agent in 2022

    Amanda Conklin

    Real Estate One

    (231) 690-2278

    60 Total Sales

    Amanda Conklin
    Section Image
  • Elton Laura

    Buyer's Agent in 2022

    Elton Laura

    Keller Williams Northern Michigan Horizon

    (734) 777-5308

    16 Total Sales

    Elton Laura
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 469677

Northern Michigan MLS

APN: 13-18-22-400-007

Michigan Emmet County Petoskey 49770

4131 Lake Grove Rd, Petoskey, MI

This home is located at 4131 Lake Grove Rd, Petoskey, MI 49770 since 02 October 2022 and is currently estimated at $616,769, approximately $246 per square foot. 4131 Lake Grove Rd is a home located in Emmet County with nearby schools including Petoskey High 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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