NOT LISTED FOR SALE

481 Overbay Dr Petoskey, MI 49770

Estimated Value: $370,418 - $427,000

3 Beds
2 Baths
2,016 Sq Ft
$201/Sq Ft Est. Value

Last Sold July 06, 2017

Last sale price $197,500 $98 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,178/month

1 Day on Market

Highlights

  • Water Views
  • Main Floor Primary Bedroom
  • Thermal Windows
  • Deck
  • Lower Floor Utility Room
  • 2 Car Attached Garage

About This Home

As of July 2017

Check out the lovely views of Little Traverse bay from this well maintained home! Enjoy the corner lot from the beautiful back yard deck. This quiet setting is just minutes from the famous Gaslight district of Petoskey. Improvements include newer carpet, paint, windows and more!

Last Agent to Sell the Property

Pete Platte

Gaslight Group Properties Listed on: 05/16/2017

Last Buyer's Agent

Lee Tegland

Berkshire Hathaway HomeServices Michigan Real Estate - HS

Berkshire Hathaway HomeServices Michigan Real Estate - HS

Home Details

Home Type

  • Single Family

Lot Details

  • 0.36

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,016 Sq Ft Home
  • Wood Burning Fireplace
  • Thermal Windows
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Water Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Natural Gas
  • Well
  • Electric Water Heater
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 13-18-01-351-017

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 05/17/2017
  • Measurement Source: Assessor
  • Section: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Cable, Deck, Wood Fireplace
  • Total Finished Sq Ft: 2016
  • Master Bedroom: Dimensions: 12 x 14.5, On Level: Main
  • Bedroom 2: Dimensions: 9 x 12, On Level: Main
  • Bedroom 3: Dimensions: 11 x 12, On Level: Lower
  • Bedroom 4: On Level: N/A
  • Basement: Full, Slab
  • Dining Room: Dimensions: 10 x 11.5, On Level: Main
  • Kitchen: Dimensions: 11 x 11.5, On Level: Main
  • Family Room: Dimensions: 19 x 24, On Level: Lower
  • Living Room: Dimensions: 12 x 20, On Level: Main
  • Above Grade Finished Sq Ft: 1008
  • Bathroom 1: Dimensions: 5 x 7, On Level: Main
  • Bathroom 2: Dimensions: 5 x 8, On Level: Main
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Thermo

Exterior Features

  • Construction: Wood Frame/Site Built
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither
  • Water View: Y

Garage/Parking

  • Garage Carport: Garage-Attached
  • Gar Car Capacity: Two

Utilities

  • Heat Type: Natural Gas
  • Sewer: Septic
  • Water: Well
  • Water Heater: Electric

Lot Info

  • Zoning: residential

Tax Info

  • Assessor Parcel Number: 13-18-01-351-017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2017
Closed on
Jul 6, 2017
Sold by
Hines Larry J
Bought by
Kan Dennis J and Kan Katelyn M
Seller's Agent
Pete Platte
Gaslight Group Properties
Buyer's Agent
Lee Tegland
Berkshire Hathaway HomeServices Michigan Real Estate - HS
List Price
$204,900
Sold Price
$197,500
Premium/Discount to List
-$7,400
-3.61%
Current Estimated Value
$376,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,496
Avg. Annual Appreciation
8.76%

Purchase Details

Closed on
Oct 20, 2015
Sold by
Hines Sharon B
Bought by
Hines Larry J

Purchase Details

Closed on
Aug 20, 2015
Sold by
Buynak Shirley
Bought by
Hines Larry J and Hines Sharon B

Purchase Details

Closed on
Oct 7, 2009
Sold by
Buynak Shirley R
Bought by
Hines Larry J and Wingler Sharon B

Purchase Details

Closed on
Jan 14, 1998
Sold by
Gardner Daniel D and Gardner Linda
Bought by
Hines Larry J and Buynak Shirley

Purchase Details

Closed on
Nov 1, 1996
Bought by
Gardner Pta

Purchase Details

Closed on
Aug 1, 1991
Bought by
Prescott +3000P Rps
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
Kan Dennis J $197,500 None Available
Hines Larry J -- Attorney
Hines Larry J -- None Available
Hines Larry J -- --
Hines Larry J $141,000 --
Gardner Pta $124,900 --
Prescott +3000P Rps $102,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2017 07/06/17 Sold $197,500 -3.6% $98 / Sq Ft
05/17/2017 05/17/17 Pending -- -- --
05/16/2017 05/16/17 For Sale $204,900 -- $102 / 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
2025 $2,639 $142,100 $142,100 $0
2024 $37 $143,400 $143,400 $0
2023 $2,404 $143,500 $143,500 $0
2022 $2,404 $135,800 $135,800 $0
2021 $2,313 $99,900 $99,900 $0
2020 $2,378 $104,200 $104,200 $0
2019 -- $103,800 $103,800 $0
2018 -- $98,600 $98,600 $0
2017 -- $115,200 $115,200 $0
2016 -- $98,800 $98,800 $0
2015 -- $108,000 $0 $0
2014 -- $98,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 451776

Northern Michigan MLS

APN: 13-18-01-351-017