NOT LISTED FOR SALE

511 Bay St Petoskey, MI 49770

Estimated Value: $306,000 - $437,000

2 Beds
1.5 Baths
1,465 Sq Ft
$260/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $323,500 $221 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,477/month

Highlights

  • Deck
  • Wood Frame Window
  • Dining Room
  • Wood Flooring
  • Living Room
  • 2-minute walk to Pennsylvania Park

About This Home

As of September 2021

Adorable Bay st. home just a few steps away from downtown Petoskey. This home has a Bayview Cottage flair inside and could include most of the furnishings. There is a large three seasons room, plenty of living space, plus two large bedrooms. A small lawn and driveway mean easy exterior upkeep. Maybe you have been looking for a special VRBO property? Yes, this home has a grandfathered license with the city. Home is currently rented through August 31st. Everyone should have a chance to see this home but don’t wait to late, seller plans to review all offers August 5th.

Last Agent to Sell the Property

Ethan Swiger

Real Estate One Listed on: 07/28/2021

Real Estate One

Last Buyer's Agent

Cam Braddock

Gaslight Group Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,046

Lot Details

  • 1,481

Parking

  • Driveway

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,465 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Wood Frame Window
  • Living Room
  • Dining Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Deck
  • Lot Dimensions are 31x50

Listing and Financial Details

  • Assessor Parcel Number 52-10-05-102-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,046

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 07/29/2021
  • Section: 5
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Cable, Ceiling Fans, Deck, Dishwasher, Dryer, Mini Blinds, Paved Drive, Range, Refrigerator, Washer, Wood Floors, Paved Road
  • Total Finished Sq Ft: 1465
  • Master Bedroom: Dimensions: 17X12, On Level: Upper
  • Bedroom 2: Dimensions: 11X7, On Level: Upper
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Total Rooms: 8
  • Basement: Crawl
  • Dining Room: Dimensions: 11.5X9.5, On Level: Main
  • Kitchen: Dimensions: 12X12, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 13X11 + 9X7, On Level: Main
  • Above Grade Finished Sq Ft: 1465
  • Bathroom 1: Dimensions: 11X7, On Level: Upper
  • Bathroom 2: Dimensions: 6.5X4.5, On Level: Main
  • Number Of Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Rooms 1: Dimensions: (Office) 9X7.5, On Level: Upper
  • Rooms 2: Dimensions: (3 Season) 23X7, On Level: Main
  • Windows: Aluminum, Wood Sash

Exterior Features

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

Utilities

  • Heat Type: Natural Gas, Hot Water Baseboard
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 31X50
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 52-10-05-102-016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Sep 8, 2021
Sold by
Ragland James M Life Estate
Bought by
Braddock Cameron and Kear Nicklaus
Seller's Agent
Ethan Swiger
Real Estate One
Buyer's Agent
Cam Braddock
Gaslight Group Properties
List Price
$275,000
Sold Price
$323,500
Premium/Discount to List
$48,500
17.64%
Current Estimated Value
$380,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,879
Avg. Annual Appreciation
6.09%
Original Mortgage
$257,600
Outstanding Balance
$235,416
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$173,454

Purchase Details

Closed on
Mar 30, 2017
Sold by
Ragland James and Ragland Baverly
Bought by
Ragland James M and James M Ragland Trust

Purchase Details

Closed on
Dec 30, 2004
Sold by
Watson David R and Ludwig Steven C
Bought by
Ragland Beverly and Ragland James

Purchase Details

Closed on
May 13, 2004
Sold by
Wood Jennifer J
Bought by
Watson David R and Ludwig Steven C

Purchase Details

Closed on
Aug 1, 1990
Bought by
Wood

Purchase Details

Closed on
Mar 1, 1979
Bought by
Takalo
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
Braddock Cameron $323,500 --
Ragland James M -- None Available
Ragland Beverly $140,500 --
Watson David R $129,600 --
Wood $58,000 --
Takalo $28,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Braddock Cameron $257,600
Previous Owner Ragland Beverly $102,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold $323,500 +17.6% $221 / Sq Ft
07/28/2021 07/28/21 For Sale $275,000 -- $188 / 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 $5,046 $121,200 $121,200 $0
2024 $5,046 $113,400 $113,400 $0
2023 $4,595 $99,200 $99,200 $0
2022 $4,595 $86,900 $86,900 $0
2021 $2,630 $81,600 $81,600 $0
2020 $2,637 $67,000 $67,000 $0
2019 -- $63,300 $63,300 $0
2018 -- $64,400 $64,400 $0
2017 -- $65,000 $65,000 $0
2016 -- $65,800 $65,800 $0
2015 -- $59,400 $0 $0
2014 -- $59,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ethan Swiger

    Seller's Agent in 2021

    Ethan Swiger

    Real Estate One

    (231) 881-6263

    23 in this area

    119 Total Sales

    Ethan Swiger
    Section Image
  • Cam Braddock

    Buyer's Agent in 2021

    Cam Braddock

    Gaslight Group Properties

    (231) 330-9819

    23 in this area

    68 Total Sales

    Cam Braddock
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 465994

Northern Michigan MLS

APN: 52-19-05-102-016

Michigan Emmet County Petoskey 49770

511 Bay St, Petoskey, MI

This home is located at 511 Bay St, Petoskey, MI 49770 since 28 July 2021 and is currently estimated at $380,379, approximately $259 per square foot. 511 Bay St is a home located in Emmet County with nearby schools including Petoskey High School, St. Francis Xavier School, and Petoskey Montessori Children's.

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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