NOT LISTED FOR SALE

427 Liberty St Petoskey, MI 49770

Estimated Value: $305,000 - $365,000

0 Acre
-- Price per Acre
0 Sq Ft Lot

Last Sold June 18, 2024

Last sale price $259,000 $179 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,878/month

60 Days on Market

Highlights

  • Deck
  • No HOA
  • 2 Car Detached Garage
  • Sun or Florida Room
  • Formal Dining Room
  • 2-minute walk to Bear River Recreation Area

About This Lot

As of June 2024

Start out with some equity! Appraised at $330,000! See docs. his charming 2 bed, 2 bath home boasts an unbeatable location with waterviews from the main upstairs bedroom. Situated within walking distance to the picturesque Bayfront Park on Little Traverse Bay, spanning over 25 acres of natural beauty, this home offers the quintessential waterfront lifestyle.
Step inside to discover 1448 square feet of living space adorned with beautiful hardwood floors throughout.*Most of the furnishings and what you see in the home will be included in the sale. *Opportunity for growth: An addition can be added up to 600 sq ft. An apartment can be added over the garage.
An additional two parking spots can e added by the garage in the alley.

Last Agent to Sell the Property

Lisa Russell

Real Estate One of Gaylord License #6501418811 Listed on: 05/04/2024

Real Estate One of Gaylord

Last Buyer's Agent

Joe Blachy

Petoskey Real Estate Group

Property Details

Property Type

  • Land

Lot Details

  • Lot Dimensions are 118x52x117x52

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction

Interior Spaces

  • 1,448 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Sun or Florida Room
  • Fire and Smoke Detector
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Petoskey Elementary School
  • Petoskey High School

Utilities

  • Forced Air Heating System
  • Municipal Utilities District Sewer

Listing and Financial Details

  • Assessor Parcel Number 52-19-06-202-054
  • Tax Block 24

Community Details

Overview

  • No Home Owners Association
  • T34n R5w Subdivision

Recreation

  • Deck
  • Patio

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Directions: Take 131 North through Petoskey, turn right (east) on Liberty Street, house on the left (north)
  • Garage Yn: Yes
  • Lot Size: 118x52x117x52
  • Prop. Type: Residential-Single Family
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • PropertySubType: Residential Lot
  • Road Frontage Type: None
  • ResoLaundryFeatures: Main Level
  • Road Surface Type: Paved, Maintained
  • NAV29_Unit_1_Appliances: Dryer, Refrigerator, Washer
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Phone: 231-468-3441
  • MLS Status: Closed
  • Subdivision Name: T34N R5W
  • Above Grade Finished Sq Ft: 1448.0
  • Contract Information:Short Sale: No
  • Property Information Waterfront: No
  • Property Information Total Bathrooms2: 2.0
  • Property Information:Style2: 2+ Story
  • Property Information Construction: Frame
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Basement: Michigan/Utility
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Deck, Patio/Porch
  • Waterfront: No
  • Foundation Details: Basement

Garage/Parking

  • Property Information:Garage Stall2: 2
  • Property Information:Garage Type2: Detached/UN

Utilities

  • Sewer: Municipal
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public

Association/Amenities

  • TaxesAndPossessionAssociationDues: No

Schools

  • Elementary School: Petoskey
  • Junior High Dist: Petoskey
  • High School: Petoskey

Lot Info

  • Parcel Number: 52-19-06-202-054

Tax Info

  • Tax Block: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2024
Closed on
Jun 18, 2024
Sold by
Porter Beth Ann and The Estate Of Helen Mae Kindley
Bought by
Fernando Luis and Tirado Maldonado
Seller's Agent
Lisa Russell
Real Estate One of Gaylord
Buyer's Agent
Joe Blachy
Petoskey Real Estate Group
List Price
$279,000
Sold Price
$259,000
Premium/Discount to List
-$20,000
-7.17%
Views
272
Current Estimated Value
$330,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,663
Avg. Annual Appreciation
17.69%
Original Mortgage
$246,050
Outstanding Balance
$242,862
Interest Rate
6.94%
Estimated Equity
$87,801

Purchase Details

Listed on
May 4, 2024
Closed on
Jun 13, 2024
Sold by
Kindley Helen Mae Estate
Bought by
Tirado Luis Fernando Maldon
Seller's Agent
Lisa Russell
Real Estate One of Gaylord
Buyer's Agent
Joe Blachy
Petoskey Real Estate Group
List Price
$279,000
Sold Price
$259,000
Premium/Discount to List
-$20,000
-7.17%
Views
272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,050
Outstanding Balance
$242,862
Interest Rate
6.94%
Estimated Equity
$87,801

Purchase Details

Closed on
Nov 4, 1998
Sold by
Hausler Linda L
Bought by
Kindley Helen

Purchase Details

Closed on
Jun 1, 1995
Bought by
Hausler

Purchase Details

Closed on
Jun 1, 1986
Bought by
Tomlanovich Energy Exemp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fernando Luis $259,000 --
Tirado Luis Fernando Maldon $259,000 --
Kindley Helen $80,000 --
Hausler $66,500 --
Tomlanovich Energy Exemp $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernando Luis $246,050
Closed Tirado Luis Fernando Maldon $246,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2024 06/18/24 Sold $259,000 0.0% $179 / Sq Ft
05/19/2024 05/19/24 Pending -- -- --
05/15/2024 05/15/24 Price Changed $259,000 -7.2% $179 / Sq Ft
05/03/2024 05/03/24 For Sale $279,000 0.0% $193 / Sq Ft
04/28/2024 04/28/24 Pending -- -- --
04/25/2024 04/25/24 Price Changed $279,000 -6.7% $193 / Sq Ft
03/20/2024 03/20/24 For Sale $299,000 -- $206 / Sq Ft
Source: Water Wonderland Board of REALTORS®

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 $1,675 $141,100 $141,100 $0
2024 $1,675 $121,400 $121,400 $0
2023 $1,537 $90,800 $90,800 $0
2022 $1,537 $85,800 $85,800 $0
2021 $1,495 $77,900 $77,900 $0
2020 $1,512 $61,500 $61,500 $0
2019 -- $60,400 $60,400 $0
2018 -- $61,500 $61,500 $0
2017 -- $50,000 $50,000 $0
2016 -- $44,400 $44,400 $0
2015 -- $42,600 $0 $0
2014 -- $38,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 201828496

Water Wonderland Board of REALTORS®

APN: 52-19-06-202-054