NOT LISTED FOR SALE

48 Bridge St Petoskey, MI 49770

Estimated Value: $183,000 - $316,000

3 Beds
1 Bath
1,365 Sq Ft
$191/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $155,000 $114 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,901/month

Highlights

  • First Floor Utility Room
  • 3 Car Detached Garage
  • Shed
  • Wood Frame Window
  • Living Room
  • 3-minute walk to Bear River Park

About This Home

As of June 2023

Finally!!! A blank canvas with a large pole barn in town and ready for a vision and sweat equity. This fixer-upper is on a large lot that is steps from the Bear River on a quiet street. Furnace, hot water heater and plumbing are new. Bridge Street is in the process of being refinished with underground utilities and sidewalks.

Last Listed By

Abby Badgley

Gaslight Group Properties Listed on: 06/30/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,457

Lot Details

  • 7,013

Parking

  • 3 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Metal Roof

Interior Spaces

  • 1,365 Sq Ft Home
  • 2-Story Property
  • Vinyl Clad Windows
  • Wood Frame Window
  • Family Room
  • Living Room
  • First Floor Utility Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Shed
  • Property is zoned RM-2

Listing and Financial Details

  • Assessor Parcel Number 52-19-06-400-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,457

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 06/10/2023
  • Section: 6
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 1365
  • Master Bedroom: On Level: N/A
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: N/A
  • Total Rooms: 7
  • Basement: Crawl, Walkout
  • Dining Room: On Level: N/A
  • Kitchen: On Level: Main
  • Family Room: On Level: Main
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 1365
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: N/A
  • Number Of Bedrooms: 3
  • Full Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Wood Sash, Vinyl

Exterior Features

  • Construction: Wood Frame/Site Built, Two Story +
  • Roof: Asphalt Shingle, Metal
  • Waterfront Water Access: Neither

Garage/Parking

  • Garage Carport: Garage-Detached
  • Gar Car Capacity: Three

Utilities

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

Schools

  • School District: Petoskey

Lot Info

  • Zoning: RM-2

Tax Info

  • Assessor Parcel Number: 52-19-06-400-028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2022
Closed on
Oct 19, 2022
Sold by
Furgeson James and The Estate Of Leonard James Furgeson Jr
Bought by
Yeska Thomas
Seller's Agent
Brett Binkley
EXP Realty
Buyer's Agent
Abby Badgley
Gaslight Group Properties
List Price
$135,000
Sold Price
$135,000
Total Days on Market
0
Current Estimated Value
$260,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,911
Avg. Annual Appreciation
33.50%

Purchase Details

Closed on
Apr 19, 2000
Sold by
Furgeson Leonard J and Furgeson Wf
Bought by
Furgeson Leonard James

Purchase Details

Closed on
Jun 1, 1980
Bought by
Furgeson

Purchase Details

Closed on
Oct 1, 1979
Bought by
Chandler

Range of Values:

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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
Yeska Thomas $135,000 Barron Title Agency
Furgeson Leonard James -- --
Furgeson $30,000 --
Chandler $21,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Northern Homes Community Development Cor $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $155,000 +14.8% $114 / Sq Ft
10/19/2022 10/19/22 Sold $135,000 0.0% $99 / Sq Ft
10/04/2022 10/04/22 For Sale $135,000 -- $99 / 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
2024 $5,457 $103,600 $103,600 $0
2023 $1,432 $84,600 $84,600 $0
2022 $1,432 $78,600 $78,600 $0
2021 $1,394 $71,500 $71,500 $0
2020 $1,409 $57,400 $57,400 $0
2019 -- $56,300 $56,300 $0
2018 -- $53,700 $53,700 $0
2017 -- $59,500 $59,500 $0
2016 -- $55,100 $55,100 $0
2015 -- $53,300 $0 $0
2014 -- $50,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 471292

Northern Michigan MLS

APN: 52-19-06-400-028