NOT LISTED FOR SALE

5080 River Rd Petoskey, MI 49770

Estimated Value: $353,354 - $418,000

3 Beds
2 Baths
1,546 Sq Ft
$243/Sq Ft Est. Value

Last Sold March 26, 2020

Last sale price $172,000 $111 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $2,201/month

14 Days on Market

Highlights

  • 6.26 Acre Lot
  • Main Floor Primary Bedroom
  • 1 Car Detached Garage
  • Deck
  • First Floor Utility Room
  • Living Room

About This Home

As of March 2020

Well kept 3 bedroom, 2 bathroom house on 6.2 acres within 10 minutes of Petoskey. In addition, a 34' x 28' detached garage and pond comes with the property. Nice house. Excellent location. Open House on Saturday, February 22 from 1:00-3:00.

Last Agent to Sell the Property

Matthew Tamm

Kidd & Leavy Real Estate Co. LLC Listed on: 02/12/2020

Last Buyer's Agent

Rose Newton

Berkshire Hathaway HomeServices Real Estate - BC License #6501409503

Berkshire Hathaway HomeServices Real Estate - BC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,457

Year Built

  • Built in 2002

Lot Details

  • 6.26

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 1,546 Sq Ft Home
  • Vinyl Clad Windows
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Propane Water Heater
  • Septic System

Additional Features

  • Deck
  • 6.26 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 01-19-33-200-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,457

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2002
  • Lvt Date: 02/21/2020
  • Section: 33
  • Second Address Number: 5080
  • Directions: From Petoskey, South on River Road. House is located near the corner of River Road and Gruler Road.
  • Price per Sq Ft: 111.25
  • OFFICELIST_STATE: MI
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Features: Deck, Dishwasher, Dryer, Range, Refrigerator, Washer, Paved Road
  • Total Finished Sq Ft: 1546
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: N/A
  • Total Rooms: 9
  • 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: 1546
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Vinyl

Exterior Features

  • Construction: Man.-HUD-Steel Fr. & Titl
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

  • Garage Carport: Garage-Detached
  • Gar Car Capacity: One and Half

Utilities

  • Heat Type: Forced Air, LP Gas
  • Sewer: Septic
  • Water: Well
  • Water Heater: Propane

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Estimated Number of Acres: 6.26
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 01-19-33-200-010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2020
Closed on
Mar 26, 2020
Sold by
Krussell Dorothy
Bought by
Holmes Patrick
Seller's Agent
Matthew Tamm
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Rose Newton
Berkshire Hathaway HomeServices Real Estate - BC
List Price
$180,000
Sold Price
$172,000
Premium/Discount to List
-$8,000
-4.44%
Current Estimated Value
$376,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,339
Avg. Annual Appreciation
15.24%
Original Mortgage
$172,000
Interest Rate
3.4%
Mortgage Type
VA

Purchase Details

Closed on
Nov 26, 2012
Sold by
Lumpp Donald and Lumpp Dorothy
Bought by
Krussell Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,557
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 3, 2001
Sold by
Stead Donald J and Stead Sherri
Bought by
Lumpp Donald

Purchase Details

Closed on
Nov 11, 1998
Sold by
Chellis Randolph and Chellis Kelli
Bought by
Stead Donald J and Stead Sherri
Source: Public Records

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
Holmes Patrick -- --
Krussell Dorothy -- --
Lumpp Donald $79,900 --
Stead Donald J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holmes Patrick $172,000
Previous Owner Krussell Dorothy $58,557
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2020 03/26/20 Sold $172,000 -4.4% $111 / Sq Ft
02/12/2020 02/12/20 For Sale $180,000 -- $116 / 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 $2,457 $150,200 $27,800 $122,400
2024 $2,457 $131,600 $27,800 $103,800
2023 $2,240 $107,600 $24,200 $83,400
2022 $2,240 $90,200 $22,700 $67,500
2021 $2,358 $95,000 $28,200 $66,800
2020 $1,471 $92,800 $92,800 $0
2019 $1,384 $91,800 $91,800 $0
2018 $1,351 $76,800 $76,800 $0
2017 -- $75,900 $75,900 $0
2016 -- $71,700 $71,700 $0
2015 -- $67,100 $0 $0
2014 -- $58,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matthew Tamm

    Seller's Agent in 2020

    Matthew Tamm

    Kidd & Leavy Real Estate Co. LLC

    (231) 838-4188

    11 in this area

    66 Total Sales

    Matthew Tamm
    Section Image

  • R

    Buyer's Agent in 2020

    Rose Newton

    Berkshire Hathaway HomeServices Real Estate - BC

    (231) 631-0142

    26 Total Sales

    Rose Newton
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 461297

Northern Michigan MLS

APN: 01-19-33-200-010

Michigan Emmet County Petoskey 49770

5080 River Rd, Petoskey, MI

This home is located at 5080 River Rd, Petoskey, MI 49770 since 12 February 2020 and is currently estimated at $376,339, approximately $243 per square foot. This property was built in 2002. 5080 River Rd is a home located in Emmet County with nearby schools including Petoskey High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Michigan MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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