NOT LISTED FOR SALE

4770 Birch Ln Petoskey, MI 49770

Estimated Value: $526,944 - $808,000

1.5 Acres
$443,324 Price per Acre
65,340 Sq Ft Lot

Last Sold March 06, 2015

Last sale price $66,000

Est. 908% increase in value since last sale

Current estimated payment $3,907/month

704 Days on Market

Highlights

  • 560 Feet of Waterfront
  • Landscaped with Trees
  • Gentle Sloping Lot

About This Lot

As of March 2015

Great opportunity. Nicely wooded lot with 560 feet of shared access on Walloon Lake. Affordable way to live on Walloon Lake.

Last Agent to Sell the Property

Carol Fay

Coldwell Banker Schmidt - Petoskey Listed on: 02/21/2013

Coldwell Banker Schmidt - Petoskey

Last Buyer's Agent

C.T. Shuman

Real Estate One

Real Estate One

Property Details

Property Type

  • Land

Lot Details

  • 1.5 Acre Lot
  • Lot Dimensions are 140 x 220
  • 560 Feet of Waterfront
  • Gentle Sloping Lot
  • Landscaped with Trees

HOA Fees

  • $33 Monthly HOA Fees

Utilities

  • Underground Utilities
  • Well Required
  • Septic Needed
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 01-19-30-326-001

Community Details

Overview

  • Coveyou Meadows Association

Recreation

  • Water Access

Property Details

Property Type

Land

Lot Details

1.5 Acres

HOA Fees

$33 per month

Listing Details

  • Class: LOTS/LAND
  • Type: Lots/Land
  • Type 2: Lot
  • Section: 30
  • Hd Approved: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Features: Electric, Phone, Mixed Trees, Under Ground Utilities, Shared Access

Exterior Features

  • Lake: Walloon
  • Waterfront Frontage: 560
  • Waterfront Water Access: Water Access
  • Wf Wa Ownership Type: Deeded and Shared Ownership

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Condo/Co-op/Association

  • Association: Coveyou Meadows
  • Association: Yes
  • Fees: 400

Lot Info

  • Estimated Lot Dimensions: 140 x 220
  • Estimated Number of Acres: 1.5
  • Lot: Y
  • Zoning: Residential
  • Deed Restrictions: Assn.
  • Number Of Acres: 1 - 2
  • Terrain: Slow Slope, Gradual

Tax Info

  • Assessor Parcel Number: 01-19-30-326-001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2013
Closed on
Mar 6, 2015
Sold by
Heinthsel Gregory and Heinthsel Dayle
Bought by
Parker Michael and Parker Casie
Seller's Agent
Carol Fay
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
C.T. Shuman
Real Estate One
List Price
$99,500
Sold Price
$66,000
Premium/Discount to List
-$33,500
-33.67%
Current Estimated Value
$664,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$598,986
Avg. Annual Appreciation
23.30%
Original Mortgage
$52,800
Outstanding Balance
$18,886
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$646,100

Purchase Details

Closed on
May 28, 2010
Sold by
Cleland Robert A and Cleland Penny A
Bought by
Heintschel Gregory and Heintschel Dayle

Purchase Details

Closed on
Oct 25, 2005
Sold by
Cashero Marion L
Bought by
Cleland Robert A and Cleland Penny A
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
Parker Michael $66,000 Devon Title Company
Heintschel Gregory $68,000 --
Cleland Robert A $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Michael $52,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2015 03/06/15 Sold $66,000 -33.7% --
01/26/2015 01/26/15 Pending -- -- --
02/21/2013 02/21/13 For Sale $99,500 -- --
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 $4,972 $295,800 $295,800 $0
2024 $47 $282,300 $282,300 $0
2023 $4,533 $246,600 $246,600 $0
2022 $4,533 $211,600 $211,600 $0
2021 $4,176 $184,700 $184,700 $0
2020 $4,099 $176,400 $176,400 $0
2019 $2,986 $168,900 $168,900 $0
2018 $1,907 $69,000 $69,000 $0
2017 -- $37,100 $37,100 $0
2016 -- $36,800 $36,800 $0
2015 -- $36,200 $0 $0
2014 -- $31,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 436088

Northern Michigan MLS

APN: 01-19-30-326-001

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