NOT LISTED FOR SALE

5092 Grigsby Ln Petoskey, MI 49770

Estimated Value: $390,000 - $443,000

3 Beds
2 Baths
1,800 Sq Ft
$227/Sq Ft Est. Value

Last Sold April 20, 2023

Last sale price $337,000 $187 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,482/month

7 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Living Room
  • Forced Air Heating System
  • First Floor Utility Room
  • Shed
  • Dining Room

About This Home

As of April 2023

Newer built and refreshed three bedroom/two bathroom home on a 1.25 acre lot, including a 12x30 red metal storage barn, and a fully fenced in backyard. This property is five miles from downtown Petoskey and nine miles from downtown Harbor Springs. The floor plan is open and designed for entertaining, relaxing, and gathering with a functional flow. The flooring has been updated to luxury vinyl and walls and ceilings have been freshly painted. The master en-suite was built for efficiency and comfort boasting a double vanity, walk-in closet, water closet, and an acrylic block fixed window. This house is vacant, refreshed, efficient, dependable, functional, and ready for someone to call home.

Last Agent to Sell the Property

Derik Mott

Harbor Sothebys International Realty Listed on: 03/01/2023

Harbor Sothebys International Realty

Last Buyer's Agent

Derik Mott

Harbor Sothebys International Realty Listed on: 03/01/2023

Harbor Sothebys International Realty

Home Details

Home Type

  • Single Family

Lot Details

  • 1.25 Acre Lot
  • Property is zoned FF-1

Home Design

  • Asphalt Shingled Roof
  • Modular or Manufactured Materials

Interior Spaces

  • 1,800 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 01-16-36-100-042

Home Details

Home Type

Single Family

Lot Details

1.25 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 03/01/2023
  • Measurement Source: Agent
  • Section: 36
  • S E V Yr: 109,300/2022
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Built In Microwave, Ceiling Fans, Dishwasher, Dryer, Garbage Disposal, Range, Refrigerator, Washer, Wood Fireplace
  • Total Finished Sq Ft: 1800
  • Master Bedroom: Dimensions: 13x14, On Level: Main
  • Bedroom 2: Dimensions: 10x14, On Level: Main
  • Bedroom 3: Dimensions: 11x9.5, On Level: Main
  • Bedroom 4: On Level: N/A
  • Basement: Crawl, Block
  • Dining Room: Dimensions: combo, On Level: Main
  • Kitchen: Dimensions: 19x14 combo/dining, On Level: Main
  • Family Room: On Level: Main
  • Living Room: Dimensions: 15x20, On Level: Main
  • Above Grade Finished Sq Ft: 1800
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Rooms 1: Dimensions: Office, On Level: Main
  • Rooms 2: On Level: N/A
  • Windows: Vinyl

Exterior Features

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

Utilities

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

Lot Info

  • Estimated Number of Acres: 1.25
  • Lot: Y
  • Zoning: FF-1

Tax Info

  • Assessor Parcel Number: 01-16-36-100-042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
Apr 20, 2023
Sold by
Buxton Property Holdings Llc
Bought by
Leist Logan
Seller's Agent
Derik Mott
Harbor Sothebys International Realty
Buyer's Agent
Derik Mott
Harbor Sothebys International Realty
List Price
$349,950
Sold Price
$337,000
Premium/Discount to List
-$12,950
-3.7%
Views
188
Current Estimated Value
$408,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,695
Avg. Annual Appreciation
6.85%
Original Mortgage
$330,896
Outstanding Balance
$320,948
Interest Rate
6.37%
Mortgage Type
FHA
Estimated Equity
$87,747

Purchase Details

Listed on
Mar 1, 2023
Closed on
Apr 18, 2023
Sold by
Buxton Property Holdings Llc
Bought by
Leist Logan
Seller's Agent
Derik Mott
Harbor Sothebys International Realty
Buyer's Agent
Derik Mott
Harbor Sothebys International Realty
List Price
$349,950
Sold Price
$337,000
Premium/Discount to List
-$12,950
-3.7%
Views
188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,896
Outstanding Balance
$320,948
Interest Rate
6.37%
Mortgage Type
FHA
Estimated Equity
$87,747

Purchase Details

Closed on
Dec 14, 2021
Sold by
Onyika Albert L
Bought by
Onyika Albert L and Onyika Hulda

Purchase Details

Closed on
Aug 22, 2011
Sold by
Shanley Wilford H and Shanley Joyce A
Bought by
Onyika Albert L and Onyika Hulda
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Leist Logan $337,000 Talon Title Agency
Leist Logan $337,000 --
Onyika Albert L -- --
Onyika Albert L $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leist Logan $330,896
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/20/2023 04/20/23 Sold $337,000 -3.7% $187 / Sq Ft
03/01/2023 03/01/23 For Sale $349,950 +27.3% $194 / Sq Ft
10/17/2022 10/17/22 Sold $275,000 +3.8% $153 / Sq Ft View Prior Sale
09/07/2022 09/07/22 For Sale $265,000 -- $147 / Sq Ft
Source: Northern Michigan MLS

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 $3,578 $166,200 $7,100 $159,100
2024 $30 $144,800 $7,100 $137,700
2023 $1,553 $123,500 $123,500 $0
2022 $1,553 $109,300 $109,300 $0
2021 $1,503 $102,700 $102,700 $0
2020 $1,475 $100,300 $100,300 $0
2019 $1,388 $98,700 $98,700 $0
2018 $1,355 $80,700 $80,700 $0
2017 -- $79,400 $79,400 $0
2016 -- $74,100 $74,100 $0
2015 -- $67,200 $0 $0
2014 -- $58,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Derik Mott

    Harbor Sothebys International Realty

    Section Image
  • Trish Hartwick

    Seller's Agent in 2022

    Trish Hartwick

    Coldwell Banker Schmidt - Petoskey

    (231) 838-0411

    32 in this area

    292 Total Sales

    Trish Hartwick
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 470497

Northern Michigan MLS

APN: 01-16-36-100-042

Michigan Emmet County Petoskey 49770

5092 Grigsby Ln, Petoskey, MI

Not Listed for Sale

Detached

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