NOT LISTED FOR SALE

421 Emmet St Petoskey, MI 49770

Estimated Value: $329,000 - $519,000

3 Beds
1.5 Baths
2,100 Sq Ft
$193/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $299,900 $143 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,583/month

63 Days on Market

Highlights

  • First Floor Utility Room
  • 2 Car Attached Garage
  • Shed
  • Wood Frame Window
  • Living Room
  • 5-minute walk to Petoskey City Parks & Rec

About This Home

As of September 2021

Dreaming of living and working in downtown Petoskey? This Central Business District victorian-style charmer has great mixed-use potential: B2a zoning means Airbnb or VRBO with annual license and inspection! Located on the corner of Emmet and Michigan, the former Shade Tree Stained Glass and Art Studio is a neighborhood favorite, ideal for an artist or home business. Original hardwood floors, bay windows, brick sidewalks and extensive stone terrace landscaping (perfect for an English garden) invite you to step back in time, and step into the future of possibilities. A large breezeway leads you into the parlor (family room), living room, and dining room. The spacious laundry room has great storage, washer/dryer hookup and wash basin. A bedroom, currently used as an office, and a full half bath finish off the first floor. The two upstairs bedrooms and stairwell have updated flooring, paint and carpeting. Lighted ceiling fans in the breezeway, dining, living, parlor and master bedroom provide cool comfort; a through-the-wall air conditioner can be found in the living room. The oversized 3-4 2.5 car garage is insulated, heated and has upper storage. Convenient side entrance off Michigan. Walk to everything in Petoskey. Don’t miss this opportunity to make this unique property yours - and make your dreams come true!

Last Agent to Sell the Property

Trish Hartwick

Coldwell Banker Schmidt - Petoskey Listed on: 05/25/2021

Coldwell Banker Schmidt - Petoskey

Last Buyer's Agent

Trish Hartwick

Coldwell Banker Schmidt - Petoskey Listed on: 05/25/2021

Coldwell Banker Schmidt - Petoskey

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,548

Lot Details

  • 5,663

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,100 Sq Ft Home
  • Ceiling Fan
  • Wood Frame Window
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Michigan Basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Shed
  • Property is zoned B-2A

Listing and Financial Details

  • Assessor Parcel Number 24-52-19-06-278-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,548

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 06/21/2021
  • Measurement Source: Owner
  • Section: 6
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: AC Wall Unit, Cable, Ceiling Fans, Dishwasher, Garbage Disposal, Refrigerator
  • Total Finished Sq Ft: 2100
  • Master Bedroom: Dimensions: 14 x 15, On Level: Upper
  • Bedroom 2: Dimensions: 10 x 12, On Level: Upper
  • Bedroom 3: Dimensions: 11 x 14, On Level: Upper
  • Bedroom 4: On Level: N/A
  • Total Rooms: 7
  • Basement: Michigan
  • Dining Room: Dimensions: 12 x 14, On Level: Main
  • Kitchen: Dimensions: 9 x 14, On Level: Main
  • Family Room: Dimensions: 14 x 15, On Level: Main
  • Living Room: Dimensions: 14 x 15, On Level: Main
  • Above Grade Finished Sq Ft: 2100
  • Bathroom 1: Dimensions: 6 x 7, On Level: Main
  • Bathroom 2: Dimensions: 3 x 9, On Level: Upper
  • Number Of Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Rooms 1: Dimensions: 9 x 10 (Den), On Level: Main
  • Rooms 2: On Level: N/A
  • Windows: Wood Sash

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: Natural Gas, Forced Air
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas

Schools

  • School District: Petoskey

Lot Info

  • Zoning: B-2A

Tax Info

  • Assessor Parcel Number: 24-52-19-06-278-006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2021
Closed on
Sep 20, 2021
Sold by
Shadetree Studios Inc
Bought by
Williams Stephen Jared
Seller's Agent
Trish Hartwick
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Trish Hartwick
Coldwell Banker Schmidt - Petoskey
List Price
$349,900
Sold Price
$299,900
Premium/Discount to List
-$50,000
-14.29%
Current Estimated Value
$405,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,319
Avg. Annual Appreciation
9.33%
Original Mortgage
$290,903
Outstanding Balance
$265,851
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$162,566

Purchase Details

Closed on
Oct 12, 2006
Sold by
Hoshield Dennis F and Hoshield Susan L
Bought by
Shadetree Studios Inc

Purchase Details

Closed on
Apr 1, 1990
Sold by
Parrish 14000Dn 10
Bought by
Hoshield Rps
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
Williams Stephen Jared $299,900 --
Shadetree Studios Inc $219,500 --
Hoshield Rps $57,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Stephen Jared $290,903
Previous Owner Shadetree Studios Inc $155,000
Previous Owner Shadetree Studios Inc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Off Market $299,900 -- --
09/03/2021 09/03/21 Sold $299,900 -6.3% $143 / Sq Ft
07/16/2021 07/16/21 Price Changed $319,900 -8.6% $152 / Sq Ft
05/25/2021 05/25/21 For Sale $349,900 -- $167 / 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 $4,548 $171,800 $171,800 $0
2024 $4,548 $156,400 $156,400 $0
2023 $4,171 $141,600 $141,600 $0
2022 $4,171 $119,600 $119,600 $0
2021 $3,419 $114,600 $114,600 $0
2020 $3,428 $96,600 $96,600 $0
2019 -- $92,000 $92,000 $0
2018 -- $93,200 $93,200 $0
2017 -- $91,400 $91,400 $0
2016 -- $92,400 $92,400 $0
2015 -- $84,600 $0 $0
2014 -- $84,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 465491

Northern Michigan MLS

APN: 52-19-06-278-006