NOT LISTED FOR SALE

5124 Jones Landing Petoskey, MI 49770

Estimated Value: $1,414,534 - $1,728,000

3 Beds
2 Baths
1,400 Sq Ft
$1,158/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $950,000 $679 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $10,357/month

143 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Guest House
  • Main Floor Primary Bedroom
  • Docks
  • Wood Flooring
  • First Floor Utility Room

About This Home

As of September 2020

On 100' of pristine Walloon Lake frontage is this 3-bedroom cottage with a separate guest house. The interior is in its original vintage state, well-maintained ready to use or ready to be updated to your personal style and comfort. Western facing for incredible SUNSET VIEWS. This particular property offers nice privacy in a serene location. The green grass runs all the way to the waters' edge, perfect for the kids and entertaining. The guest house has 2 additional bedrooms, bathroom, a kitchen and living area. Cottage is close to Petoskey, Walloon Village and Boyne City for excellent shopping and restaurants. Build forever family memories here on Walloon Lake.

Last Agent to Sell the Property

JP Gerster

Pat O'Brien & Associates - Boyne City Listed on: 03/16/2020

Co-Listed By

Pat O'Brien

Pat O'Brien & Associates - Boyne City

Last Buyer's Agent

Dave Carlson

Kidd & Leavy Real Estate Co. LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,193

Lot Details

  • 0.43

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,400 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Insulated Windows
  • Wood Frame Window
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring
  • Water Views
  • Crawl Space

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway

Utilities

  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Septic System
  • Satellite Dish

Additional Features

  • Docks
  • 100 Feet of Waterfront
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 01-19-31-101-002, 100-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,193

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 03/16/2020
  • Section: 31
  • Second Address Number: 5124
  • Directions: From Boyne City, head north on 131. Turn left onto Gruler Road. Turn onto Jones Landing and the home will be on your right.
  • Price per Sq Ft: 678.57
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dishwasher, Dock, Dryer, Garbage Disposal, Gas Fireplace, Paved Drive, Refrigerator, Satellite Dish, Washer, Wood Floors, Paved Road
  • Total Finished Sq Ft: 1400
  • Master Bedroom: Dimensions: 14 x 11, On Level: Main
  • Bedroom 2: Dimensions: 24 x 9, On Level: Upper
  • Bedroom 3: Dimensions: 24 x 12, On Level: Main
  • Bedroom 4: On Level: N/A
  • Total Rooms: 7
  • Basement: Crawl, Slab
  • Dining Room: Dimensions: 10 x 11, On Level: Main
  • Kitchen: Dimensions: 15 x 10, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 20 x 13, On Level: Main
  • Above Grade Finished Sq Ft: 1400
  • Bathroom 1: Dimensions: 8 x 6, On Level: Main
  • Bathroom 2: Dimensions: 8 x 7, On Level: Upper
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Wood Sash, Insulated

Exterior Features

  • Construction: Wood Frame/Site Built, Two Story +
  • Lake: Walloon
  • Roof: Asphalt Shingle
  • Waterfront Frontage: 100
  • Waterfront Water Access: Water Front
  • Water View: Yes
  • Wf Wa Ownership Type: Deeded and Private Ownership

Garage/Parking

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

Utilities

  • Heat Type: Natural Gas, Oil
  • Sewer: Septic
  • Water: Well
  • Water Heater: Electric

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 01-19-31-101-002, 100-004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2020
Closed on
Sep 18, 2020
Sold by
Adolphs Lillian I Trust
Bought by
Goldberg Daniel J & Adrea Beth Trust
Seller's Agent
JP Gerster
Pat O'Brien & Associates - Boyne City
Buyer's Agent
Dave Carlson
Kidd & Leavy Real Estate Co. LLC
List Price
$963,000
Sold Price
$950,000
Premium/Discount to List
-$13,000
-1.35%
Current Estimated Value
$1,620,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$670,511
Avg. Annual Appreciation
11.20%

Purchase Details

Closed on
Apr 21, 2011
Sold by
Adolphs Doron R and Adolphs Lillian L
Bought by
Adolphs Lillian L and Lillian L Adolphs Trust Dated
Source: Public Records

Range of Values:

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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
Goldberg Daniel J & Adrea Beth Trust -- --
Adolphs Lillian L -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Sold $950,000 +0.7% $679 / Sq Ft
07/15/2020 07/15/20 Price Changed $943,000 -2.1% $674 / Sq Ft
03/16/2020 03/16/20 For Sale $963,000 -- $688 / 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 $21,193 $680,600 $680,600 $0
2024 $21,193 $584,600 $584,600 $0
2023 $19,279 $501,700 $501,700 $0
2022 $19,279 $448,200 $448,200 $0
2021 $18,798 $437,200 $437,200 $0
2020 $4,035 $403,300 $403,300 $0
2019 $3,796 $395,100 $395,100 $0
2018 $3,705 $368,800 $368,800 $0
2017 -- $370,600 $370,600 $0
2016 -- $353,500 $353,500 $0
2015 -- $348,400 $0 $0
2014 -- $301,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • JP Gerster

    Seller's Agent in 2020

    JP Gerster

    Pat O'Brien & Associates - Boyne City

    (231) 675-2300

    1 in this area

    84 Total Sales

    JP Gerster
    Section Image
  • Pat O'Brien

    Seller Co-Listing Agent in 2020

    Pat O'Brien

    Pat O'Brien & Associates - Boyne City

    (231) 675-6677

    2 in this area

    212 Total Sales

    Pat O'Brien
    Section Image
  • Dave Carlson

    Buyer's Agent in 2020

    Dave Carlson

    Kidd & Leavy Real Estate Co. LLC

    (231) 342-3317

    4 in this area

    53 Total Sales

    Dave Carlson
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 461453

Northern Michigan MLS

APN: 01-19-31-101-002

Michigan Emmet County Petoskey 49770

5124 Jones Landing, Petoskey, MI

This home is located at 5124 Jones Landing, Petoskey, MI 49770 since 16 March 2020 and is currently estimated at $1,620,511, approximately $1,157 per square foot. 5124 Jones Landing 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.

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