4852 Longman Ln Petoskey, MI 49770
2
Beds
2
Baths
1,430
Sq Ft
0.94
Acres
Highlights
- 125 Feet of Waterfront
- Wood Burning Stove
- Main Floor Primary Bedroom
- Deck
- Pole Barn
- Lower Floor Utility Room
About This Home
As of October 2024Don't miss your chance to get on Walloon Lake for an incredible price! Sitting on 125' of waterfront and just under an acre lot, this 2 bedroom 2 bathroom cottage is the perfect spot for your summer getaway. Enjoy your morning coffee on the wrap around deck as sun rises or grill out with family and friends after a day of boating. The main level is cozy with a kitchen, bedroom, bath, and living room complete with wood stove to take the chill off in the evenings. The lower level has an additional bedroom and bath, and walks out to the lower level deck. The expansive yard is perfect for yard games and the pole barn will house your vehicles and water toys! You're a short drive to Petoskey and the Village of Walloon, along with the many great restaurants and wineries in between. The Dock, hoist, boat, and furniture are able to be purchased separately. *No showings until Tuesday 9/3*
Last Agent to Sell the Property
Kidd & Leavy Real Estate Co. LLC Listed on: 08/22/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,977
Lot Details
- 125 Feet of Waterfront
- Property is zoned EC RR
Parking
- 2 Car Garage
Home Design
- Wood Frame Construction
- Asphalt Shingled Roof
Interior Spaces
- 1,430 Sq Ft Home
- Ceiling Fan
- Wood Burning Stove
- Family Room Downstairs
- Living Room
- Lower Floor Utility Room
- Water Views
- Range
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Deck
- Patio
- Pole Barn
Utilities
- Heating System Uses Propane
- Well
- Septic System
Listing and Financial Details
- Assessor Parcel Number 01-19-30-400-018
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 22, 2024
Closed on
Sep 25, 2024
Sold by
Davies Joseph B
Bought by
Heisel Heidi Ann
Seller's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Cary Adgate
Kidd & Leavy Real Estate Co. LLC
List Price
$1,600,000
Sold Price
$1,625,000
Premium/Discount to List
$25,000
1.56%
Views
92
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$414,046
Avg. Annual Appreciation
-29.61%
Purchase Details
Listed on
Aug 22, 2024
Closed on
Sep 24, 2024
Sold by
Davies Joseph B
Bought by
Heisel Heidi Ann
Seller's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Cary Adgate
Kidd & Leavy Real Estate Co. LLC
List Price
$1,600,000
Sold Price
$1,625,000
Premium/Discount to List
$25,000
1.56%
Views
92
Purchase Details
Closed on
Oct 19, 2015
Sold by
Davies Family Llc
Bought by
Davies Joseph B
Purchase Details
Closed on
May 23, 2014
Sold by
Williams Robert L and Williams Deborah K
Bought by
Davies Family Llc
Purchase Details
Closed on
Jul 10, 1998
Sold by
Lange Dorian N and Lange Anne L
Bought by
Williams Robert L and Williams Deborah K
Purchase Details
Closed on
Mar 1, 1995
Bought by
Lange Pta
Similar Homes in Petoskey, MI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | Crossroads Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $700,000 | -- | |
| Warranty Deed | $342,500 | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $792,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/01/2024 10/01/24 | Sold | $1,625,000 | +1.6% | $1,136 / Sq Ft |
| 08/22/2024 08/22/24 | For Sale | $1,600,000 | -- | $1,119 / Sq Ft |
Source: Northern Michigan MLS
Tax History Compared to Growth
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 | $19,977 | $611,100 | $611,100 | $0 |
| 2024 | $19,977 | $557,200 | $557,200 | $0 |
| 2023 | $18,173 | $516,400 | $516,400 | $0 |
| 2022 | $18,173 | $425,200 | $425,200 | $0 |
| 2021 | $17,585 | $419,000 | $419,000 | $0 |
| 2020 | $17,297 | $410,200 | $410,200 | $0 |
| 2019 | $16,196 | $405,700 | $405,700 | $0 |
| 2018 | $15,972 | $390,000 | $390,000 | $0 |
| 2017 | -- | $391,100 | $391,100 | $0 |
| 2016 | -- | $380,000 | $380,000 | $0 |
| 2015 | -- | $374,100 | $0 | $0 |
| 2014 | -- | $373,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Patrick Leavy
Seller's Agent in 2024
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
(231) 881-6639
39 in this area
385 Total Sales
-
Cary Adgate
Buyer's Agent in 2024
Cary Adgate
Kidd & Leavy Real Estate Co. LLC
(231) 838-7718
3 in this area
8 Total Sales
Map
Source: Northern Michigan MLS
MLS Number: 474696
APN: 01-19-30-400-018
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