NOT LISTED FOR SALE

5087 Pickerel Lake Rd Petoskey, MI 49770

Estimated Value: $379,000 - $408,000

3 Beds
1.5 Baths
1,400 Sq Ft
$282/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $340,000 $243 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,368/month

Highlights

  • Second Garage
  • Wood Flooring
  • Wood Frame Window
  • Deck
  • First Floor Utility Room
  • 2 Car Detached Garage

About This Home

As of August 2023

Cute and cozy home! Great location not far from the main highway is where this fresly painted, new flooring along with 2 brand new decks sits. Enjoy evenings on the back deck in your private back yard while grilling in the summer is a must! A large stick built 30x 40 garage with concrete floor and work bench offers an area for those that like to tinker, tons of storage in the overhead mezzanine with a floor that is prepped for infloor heat where you can park your cars and have no worries in the winter! There is another small garage that is more for storage and/or a garden shed. The basement is a blank slate ready to become whatever you need it to be. Home is equiped with a wood furnace but also has natural gas baseboard heat. This sweet home is ready and waiting for you to call and set up your personal tour. Please remove shoes during showings.

Last Agent to Sell the Property

Beth Flynn

@properties Christie's International Real Estate - Petoskey Listed on: 07/08/2023

@properties Christie's International Real Estate - Petoskey

Last Buyer's Agent

C.T. Shuman

Real Estate One

Real Estate One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,197

Year Built

  • Built in 1988

Lot Details

  • 1

Home Design

  • Asphalt Shingled Roof
  • Modular or Manufactured Materials

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Frame Window
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 2 Car Detached Garage
  • Second Garage

Utilities

  • Hot Water Baseboard Heater
  • Well
  • Septic System
  • Cable TV Available

Additional Features

  • Deck
  • 1 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 01-16-25-300-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,197

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1988
  • Lvt Date: 06/28/2023
  • Section: 25
  • Second Address Number: 5087
  • Directions: From US 131 N turn right onto Pickerel lake and follow to property on the left side. Look for sign
  • Price per Sq Ft: 242.86
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Features: Cable, Ceiling Fans, Deck, Dishwasher, Dryer, Range, Refrigerator, Washer, Wood Floors, Paved Road
  • Total Finished Sq Ft: 1400
  • Master Bedroom: Dimensions: 14x11, On Level: Main
  • Bedroom 2: Dimensions: 11x11, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Bedroom 4: On Level: N/A
  • Total Rooms: 6
  • Basement: Block, Full
  • Dining Room: Dimensions: combo 12x14, On Level: Main
  • Kitchen: Dimensions: 14x10, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 20x14, On Level: Main
  • Above Grade Finished Sq Ft: 1400
  • Bathroom 1: Dimensions: 7x8, On Level: Main
  • Bathroom 2: Dimensions: 5x8, On Level: Main
  • Number Of Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Wood Sash

Exterior Features

  • Construction: Modular-BOCA-Wood Frame, One Story
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

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

Utilities

  • Heat Type: Hot Water Baseboard
  • Sewer: Septic
  • Water: Well

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Estimated Number of Acres: 1
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 01-16-25-300-011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2023
Closed on
Aug 28, 2023
Sold by
Wonnacott Shawn and Wonnacott Joseph
Bought by
Besaw Jonathan and Kalinovik Rachel
Seller's Agent
Beth Flynn
@properties Christie's International Real Estate - Petoskey
Buyer's Agent
C.T. Shuman
Real Estate One
List Price
$385,500
Sold Price
$340,000
Premium/Discount to List
-$45,500
-11.8%
Views
117
Current Estimated Value
$394,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,994
Avg. Annual Appreciation
7.36%
Original Mortgage
$314,500
Outstanding Balance
$307,640
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$87,354

Purchase Details

Closed on
Jun 15, 2021
Sold by
Wonnacott Robert
Bought by
Wonnacott Robert L

Purchase Details

Closed on
Oct 1, 1982
Sold by
Oxnam Wd L403 P418
Bought by
Wonnacott
Source: Public Records

Range of Values:

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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
Besaw Jonathan $340,000 Talon Title Agency
Wonnacott Robert L -- --
Wonnacott $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Besaw Jonathan $314,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2023 08/28/23 Sold $340,000 -6.8% $243 / Sq Ft
07/14/2023 07/14/23 Price Changed $365,000 -5.3% $261 / Sq Ft
07/08/2023 07/08/23 For Sale $385,500 -- $275 / 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 $3,197 $161,600 $53,600 $108,000
2024 $3,197 $129,400 $129,400 $0
2023 $1,306 $91,900 $91,900 $0
2022 $1,306 $80,700 $80,700 $0
2021 $1,263 $79,600 $79,600 $0
2020 $1,240 $76,800 $76,800 $0
2019 $1,167 $75,900 $75,900 $0
2018 $1,139 $63,600 $63,600 $0
2017 -- $62,800 $62,800 $0
2016 -- $58,800 $58,800 $0
2015 -- $53,300 $0 $0
2014 -- $47,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Beth Flynn

    Seller's Agent in 2023

    Beth Flynn

    @properties Christie's International Real Estate - Petoskey

    (231) 373-3400

    8 in this area

    70 Total Sales

    Beth Flynn
    Section Image
  • C.T. Shuman

    Buyer's Agent in 2023

    C.T. Shuman

    Real Estate One

    (231) 838-4200

    16 in this area

    135 Total Sales

    C.T. Shuman
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 471472

Northern Michigan MLS

APN: 01-16-25-300-011

Michigan Emmet County Petoskey 49770

5087 Pickerel Lake Rd, Petoskey, MI

This home is located at 5087 Pickerel Lake Rd, Petoskey, MI 49770 since 08 July 2023 and is currently estimated at $394,994, approximately $282 per square foot. This property was built in 1988. 5087 Pickerel Lake 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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