NOT LISTED FOR SALE

432 Charlevoix Ave Petoskey, MI 49770

Estimated Value: $313,000 - $398,000

3 Beds
2 Baths
1,640 Sq Ft
$207/Sq Ft Est. Value

Last Sold January 02, 2019

Last sale price $155,000 $95 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $2,222/month

126 Days on Market

Highlights

  • Thermal Windows
  • Forced Air Heating System
  • 1 Car Garage
  • Laundry Room

About This Home

As of January 2019

Walk to the Bear River from this duplex converted in 1993. Upstairs unit has new carpet, kitchen counter tops and paint. High efficiency furnace and 10-yr old siding. Rents include gas and water, electric separate.

Last Agent to Sell the Property

Phyllis Burkee

Jack Van Treese & Assoc.. Listed on: 07/11/2018

Co-Listed By

Jack Van Treese

Jack Van Treese & Assoc..

Last Buyer's Agent

Craig Lively

North Shores Realty Group

North Shores Realty Group

Property Details

Home Type

  • Multi-Family

Lot Details

  • 10,846

Home Design

  • Duplex
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,640 Sq Ft Home
  • Thermal Windows
  • Insulated Windows
  • Range
  • Laundry Room

Parking

  • 1 Car Garage
  • Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Lot Dimensions are 99 x 115
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 52-19-06-100-042

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Multifamily
  • Type 2: Duplex
  • Lvt Date: 07/13/2018
  • Section: 6
  • S E V Yr: $76,600
  • Second Address Number: 432
  • Directions: 131N, E on Charlevoix Ave
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Features: Cable, Paved Drive, Range, Refrigerator
  • Total Sq Ft: 1640
  • Above Grade Finished Sq Ft: 1640
  • Windows: Thermo, Insulated
  • Laundry Room: Y

Exterior Features

  • Construction: Wood Frame
  • Roof: Asphalt Shingles
  • Waterfront Water Access: Neither

Garage/Parking

  • Number Garage Stalls: 1

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: City
  • Water: City
  • Number Electric Meters: 2
  • Number Gas Meters: 1
  • Number Water Heaters: 2

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 99 x 115
  • Lot: Y
  • Zoning: R

Tax Info

  • Assessor Parcel Number: 52-19-06-100-042

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2018
Closed on
Jan 2, 2019
Sold by
Heartwood Properties Corp
Bought by
Beethem Timothy
Seller's Agent
Phyllis Burkee
Jack Van Treese & Assoc..
Buyer's Agent
Craig Lively
North Shores Realty Group
List Price
$179,900
Sold Price
$155,000
Premium/Discount to List
-$24,900
-13.84%
Current Estimated Value
$351,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,070
Avg. Annual Appreciation
11.64%
Original Mortgage
$127,500
Outstanding Balance
$111,669
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$228,166

Purchase Details

Closed on
Oct 31, 2003
Sold by
Kafer John G and Arnold Alfred L
Bought by
Heartwood Properties Corp

Purchase Details

Closed on
Jun 1, 1993
Bought by
Heartwood Prop

Purchase Details

Closed on
Jan 1, 1992
Bought by
Krywyn
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
Beethem Timothy $155,000 --
Heartwood Properties Corp -- --
Kafer John G -- --
Heartwood Prop $30,500 --
Krywyn $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beethem Timothy $127,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2019 01/02/19 Sold $155,000 -8.8% $95 / Sq Ft
09/09/2018 09/09/18 Price Changed $169,900 -5.6% $104 / Sq Ft
07/11/2018 07/11/18 For Sale $179,900 -- $110 / Sq Ft
Source: Northern Michigan MLS

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 $4,793 $176,200 $176,200 $0
2024 $46 $145,200 $145,200 $0
2023 $4,364 $107,200 $107,200 $0
2022 $4,364 $101,900 $101,900 $0
2021 $4,240 $94,300 $94,300 $0
2020 $4,251 $78,800 $78,800 $0
2019 -- $77,800 $77,800 $0
2018 -- $76,600 $76,600 $0
2017 -- $55,000 $55,000 $0
2016 -- $50,000 $50,000 $0
2015 -- $48,400 $0 $0
2014 -- $44,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Phyllis Burkee

    Seller's Agent in 2019

    Phyllis Burkee

    Jack Van Treese & Assoc..

    (231) 838-5307

    3 in this area

    10 Total Sales

    Phyllis Burkee
    Section Image
  • Jack Van Treese

    Seller Co-Listing Agent in 2019

    Jack Van Treese

    Jack Van Treese & Assoc..

    (231) 838-5729

    14 in this area

    32 Total Sales

    Jack Van Treese
    Section Image
  • Craig Lively

    Buyer's Agent in 2019

    Craig Lively

    RE/MAX Michigan

    (231) 838-7481

    9 in this area

    82 Total Sales

    Craig Lively
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 455955

Northern Michigan MLS

APN: 52-19-06-100-042

Michigan Emmet County Petoskey 49770

432 Charlevoix Ave, Petoskey, MI

Not Listed for Sale

MultiFamily

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