NOT LISTED FOR SALE

511 Lockwood Ave Petoskey, MI 49770

Estimated Value: $450,375 - $662,000

4 Beds
1.5 Baths
1,701 Sq Ft
$325/Sq Ft Est. Value

Sale Details

Date Sold: October 2, 2020

Last sale price $312,500 $184 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,490 / mo

24 Days on Market

Highlights

  • Deck
  • Thermal Windows
  • Living Room
  • First Floor Utility Room
  • 1 Car Attached Garage
  • Forced Air Heating System

About This Home

As of October 2020

Darling home in a friendly neighborhood setting. Close to schools and downtown. This four bedroom home has a main floor bedroom also suited as a office or den. Nice stainless kitchen appliances. Easy floor plan and spacious backyard for kids and pets.

Last Agent to Sell the Property

Jane Fisher

Gaslight Group Properties License #6501333848 Listed on: 08/03/2020

Last Buyer's Agent

Jane Fisher

Gaslight Group Properties License #6501333848 Listed on: 08/03/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 7,057

Parking

  • 1 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,701 Sq Ft Home
  • Gas Fireplace
  • Thermal Windows
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Dryer
  • Block Basement Construction

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Deck
  • Property is zoned residentail

Listing and Financial Details

  • Assessor Parcel Number 52-19-05-178-009

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

7,057 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1950
  • Lvt Date: 08/06/2020
  • Section: 5
  • Second Address Number: 511
  • Directions: Mitchell to Lockwood
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Features: Cable, Deck, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace
  • Total Finished Sq Ft: 1701
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Main
  • Basement: Block
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Main
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 1701
  • Bathroom 1: On Level: Upper
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 4
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Thermo

Exterior Features

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

Garage/Parking

  • Garage Carport: Garage-Attached
  • Gar Car Capacity: One

Utilities

  • Heat Type: Forced Air
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas

Schools

  • School District: Petoskey

Lot Info

  • Zoning: residentail

Tax Info

  • Assessor Parcel Number: 52-19-05-178-009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Oct 2, 2020
Sold by
Harrington John
Bought by
Effler Daniel H and Effler Theresa Gallup
Seller's Agent
Jane Fisher
Gaslight Group Properties
Buyer's Agent
Jane Fisher
Gaslight Group Properties
List Price
$299,000
Sold Price
$312,500
Premium/Discount to List
$13,500
4.52%
Current Estimated Value
$545,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,784
Avg. Annual Appreciation
10.57%
Original Mortgage
$281,250
Outstanding Balance
$249,591
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$302,753

Purchase Details

Listed on
Sep 20, 2014
Closed on
Nov 7, 2014
Sold by
Baird Jeffery M and Baird Jeff M
Bought by
Harrington John and Harrington Hilary
Seller's Agent
Carol Fay
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Jane Fisher
Gaslight Group Properties
List Price
$189,000
Sold Price
$189,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.88%

Purchase Details

Closed on
Jul 31, 2012
Sold by
Baird Jeffery M and Baird Jeff
Bought by
Baird Jeffery M and Looze Joann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,646
Interest Rate
3.6%

Purchase Details

Closed on
Oct 14, 2011
Sold by
Baird Alyson
Bought by
Baird Jeff

Purchase Details

Closed on
Apr 12, 2004
Bought by
Kazmers Andris and Kazmers Irene S

Purchase Details

Closed on
Sep 28, 2003
Bought by
Bank One, National Assoc, Trustee

Purchase Details

Closed on
Jul 7, 2000
Sold by
Shaw Bryan J and Shaw Kathryn J
Bought by
Barbecheck Joseph P and Barbecheck Michelle

Purchase Details

Closed on
Mar 1, 1996
Bought by
Shaw Pta

Purchase Details

Closed on
Apr 1, 1994
Bought by
Dunwoody +2000P Rps

Purchase Details

Closed on
Dec 1, 1991
Bought by
Boening
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Effler Daniel H -- --
Harrington John $189,000 Devon Title Agency
Baird Jeffery M -- --
Baird Jeff $157,500 --
Baird Jeff -- --
Kazmers Andris $95,500 --
Bank One, National Assoc, Trustee $89,800 --
Barbecheck Joseph P $99,000 --
Shaw Pta $74,900 --
Dunwoody +2000P Rps $67,900 --
Boening -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Effler Daniel H $281,250
Previous Owner Baird Jeff $154,646
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2020 10/02/20 Sold $312,500 +4.5% $184 / Sq Ft
08/03/2020 08/03/20 For Sale $299,000 +58.2% $176 / Sq Ft
11/07/2014 11/07/14 Sold $189,000 0.0% $100 / Sq Ft View Prior Sale
09/24/2014 09/24/14 Pending -- -- --
09/20/2014 09/20/14 For Sale $189,000 -- $100 / 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 $7,157 $181,000 $181,000 $0
2024 $68 $165,000 $165,000 $0
2023 $6,516 $148,700 $148,700 $0
2022 $6,516 $126,200 $126,200 $0
2021 $6,330 $119,300 $119,300 $0
2020 $3,553 $101,800 $101,800 $0
2019 -- $97,000 $97,000 $0
2018 -- $99,600 $99,600 $0
2017 -- $99,100 $99,100 $0
2016 -- $100,200 $100,200 $0
2015 -- $92,400 $0 $0
2014 -- $85,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 462866

Northern Michigan MLS

APN: 52-19-05-178-009

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