NOT LISTED FOR SALE

516 Wachtel Ave Petoskey, MI 49770

Estimated Value: $216,000 - $371,000

3 Beds
1.5 Baths
1,500 Sq Ft
$192/Sq Ft Est. Value

Last Sold September 27, 2024

Last sale price $192,000 $128 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,630/month

18 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Shed
  • Dining Room
  • Living Room
  • Forced Air Heating System
  • 1-minute walk to Bear River Recreation Area

About This Home

As of September 2024

This is the fixer upper you have been looking for in town. Mostly cosmetic work, this home would make a cute spot by the Bear River or a good rental. Short walk to party stores, river walking path, and easy access to hospital. Roof and furnace have been updated, there is also convenient alley access to the back for off street parking.

Last Agent to Sell the Property

Ethan Swiger

Real Estate One Listed on: 09/09/2024

Real Estate One

Last Buyer's Agent

Ethan Swiger

Real Estate One Listed on: 09/09/2024

Real Estate One

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 50x120
  • Property is zoned RM-2

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,500 Sq Ft Home
  • Ceiling Fan
  • Vinyl Clad Windows
  • Insulated Windows
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Built-In Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Basement

  • Michigan Basement
  • Partial Basement

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 52-19-06-202-055

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1900
  • Lvt Date: 09/09/2024
  • Section: 6
  • Second Address Number: 516
  • Directions: W Mitchell South on Wachtel, home is on West side of the road.
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Features: Built In Microwave, Cable, Ceiling Fans, Dryer, Range, Refrigerator, Washer, Paved Road
  • Total Finished Sq Ft: 1500
  • Master Bedroom: Dimensions: 12'8X8'11, On Level: Main
  • Bedroom 2: Dimensions: 12'2X13'3, On Level: Upper
  • Bedroom 3: Dimensions: 13'2X11'9, On Level: Upper
  • Bedroom 4: On Level: N/A
  • Basement: Michigan, Partial
  • Dining Room: Dimensions: (Combo with kitchen), On Level: Main
  • Kitchen: Dimensions: 9'6X19'10, On Level: Main
  • Family Room: Dimensions: 11'10X12'11, On Level: Main
  • Living Room: Dimensions: 13'2X12'1, On Level: Main
  • Above Grade Finished Sq Ft: 1500
  • Bathroom 1: Dimensions: 9'7X8'3, On Level: Main
  • Bathroom 2: Dimensions: 6'6X3'0, On Level: Upper
  • Number Of Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Rooms 1: Dimensions: (Office) 11'11X9'7, On Level: Upper
  • Rooms 2: On Level: N/A
  • Windows: Insulated, Vinyl

Exterior Features

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

Utilities

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

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 50X120
  • Lot: Y
  • Zoning: RM-2

Tax Info

  • Assessor Parcel Number: 52-19-06-202-055

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2010
Sold by
Lince Victoria and Hawk Lewis M
Bought by
Hawk Michael L
Current Estimated Value
$287,894
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
Hawk Michael L $60,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2024 09/27/24 Sold $192,000 +1.1% $128 / Sq Ft
09/09/2024 09/09/24 For Sale $190,000 -- $127 / 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 $1,483 $128,100 $128,100 $0
2024 $14 $109,400 $109,400 $0
2023 $1,360 $81,700 $81,700 $0
2022 $1,360 $77,300 $77,300 $0
2021 $1,324 $70,400 $70,400 $0
2020 $1,339 $57,200 $57,200 $0
2019 -- $56,200 $56,200 $0
2018 -- $55,200 $55,200 $0
2017 -- $43,800 $43,800 $0
2016 -- $39,100 $39,100 $0
2015 -- $37,600 $0 $0
2014 -- $34,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 474857

Northern Michigan MLS

APN: 52-19-06-202-055