NOT LISTED FOR SALE

465 Overbay Dr Petoskey, MI 49770

Estimated Value: $416,453 - $510,000

4 Beds
2 Baths
2,200 Sq Ft
$215/Sq Ft Est. Value

Last Sold March 12, 2016

Last sale price $68,000 $31 Per Sq Ft

Est. 576% increase in value since last sale

Current estimated payment $2,623/month

144 Days on Market

Highlights

  • Deck
  • First Floor Utility Room
  • Living Room
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • Shed

About This Home

As of March 2016

Location, location, location. Come see this great family home on extra-large lot and attached two plus car garage. Two bedrooms on the main level and two additional on the second with their own bath, your family is sure to have the space they want. Located on a road with no outlet and cul-de-sac, enjoy a quiet almost county setting with views of Little Traverse Bay and only minutes from the south end of town. Sellers are ready to see a new owner enjoy it as much as they did!

Last Agent to Sell the Property

Pete Platte

Gaslight Group Properties Listed on: 10/13/2015

Last Buyer's Agent

Pete Platte

Gaslight Group Properties Listed on: 10/13/2015

Home Details

Home Type

  • Single Family

Lot Details

  • 3.43

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,200 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 13-18-01-351-015 & 351-03

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Section: 12
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Cable, Ceiling Fans, Deck, Dryer, Range, Refrigerator, Washer
  • Total Finished Sq Ft: 2200
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Basement: Crawl
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: N/A
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 2200
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Upper
  • Number Of Bedrooms: 4
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A

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: Septic
  • Water: Well

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 13-18-01-351-015 & 351-03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2017
Sold by
Schutte Jeffrey A and Schutte Jeffrey A
Bought by
Schutte Joseph E and Schutte Michelle R
Current Estimated Value
$459,448

Purchase Details

Closed on
Dec 28, 2016
Sold by
Schutte Joseph E and Schutte Michelle R
Bought by
Joseph & Michelle Schutte Trust

Purchase Details

Listed on
Oct 13, 2015
Closed on
Mar 11, 2016
Sold by
Fosmore Nicholas A
Bought by
Schutte Joseph E and Schutte Jefferey A
Seller's Agent
Pete Platte
Gaslight Group Properties
Buyer's Agent
Pete Platte
Gaslight Group Properties
List Price
$214,900
Sold Price
$68,000
Premium/Discount to List
-$146,900
-68.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.69%

Purchase Details

Closed on
Jun 24, 2015
Sold by
Fosmore George R and Fosmore Pamala J
Bought by
Fosmore Nicholas A and Fosmore Richard D

Purchase Details

Closed on
Apr 26, 2005
Sold by
Bare Richard C and Trusts Eileen G
Bought by
Bare Brenda L

Purchase Details

Closed on
Jul 1, 2003
Sold by
Bare Richard C and Bare Eileen G
Bought by
Bare Richard C and Ttees Eileen G

Purchase Details

Closed on
Mar 21, 2003
Sold by
Elder Albert and Elder Lucille
Bought by
Bare Richard C and Bare Eileen G
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
Schutte Joseph E -- None Available
Joseph & Michelle Schutte Trust -- None Available
Schutte Joseph E $68,000 Attorney
Fosmore Nicholas A -- None Available
Bare Brenda L -- --
Bare Richard C -- --
Bare Richard C $175,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2016 03/12/16 Sold $68,000 -68.4% $31 / Sq Ft
03/05/2016 03/05/16 Pending -- -- --
10/13/2015 10/13/15 For Sale $214,900 -- $98 / 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 $2,814 $174,600 $174,600 $0
2024 $13 $176,700 $176,700 $0
2023 $2,563 $181,100 $181,100 $0
2022 $2,563 $170,200 $170,200 $0
2021 $2,467 $125,500 $125,500 $0
2020 $2,428 $132,200 $132,200 $0
2019 -- $131,700 $131,700 $0
2018 -- $120,100 $120,100 $0
2017 -- $120,700 $120,700 $0
2016 -- $103,800 $103,800 $0
2015 -- $103,900 $0 $0
2014 -- $95,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 446426

Northern Michigan MLS

APN: 13-18-01-351-015