NOT LISTED FOR SALE

523 Alcan Dr Petoskey, MI 49770

Bear Creek Area

Estimated Value: $709,436

4 Beds
2.5 Baths
2,835 Sq Ft
$250/Sq Ft Est. Value

Sale Details

Date Sold: July 29, 2016

Last sale price $300,000 $106 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $4,446 / mo

78 Days on Market

Highlights

  • Barn
  • Radiant Floor
  • 3 Car Attached Garage
  • Deck
  • Lower Floor Utility Room
  • Living Room

About This Home

As of July 2016

This beautiful 4 bedroom 2 1/2 bath Petoskey home sits on a gorgeous 3 + acre parcel with stunning views. Close to schools, town and everything northern Michigan has to offer. This property has so many wonderful features: brand new high efficiency furnace, tons of natural light, swimming pond, pole barn, greenhouse. Enjoy Petoskey's countryside only two miles from town.

Last Agent to Sell the Property

Lynn Ness

Berkshire Hathaway HomeServices Michigan Real Estate - HS Listed on: 03/14/2016

Berkshire Hathaway HomeServices Michigan Real Estate - HS

Co-Listed By

Jane Elbert

Countryside Realty

Last Buyer's Agent

Trish Hartwick

Coldwell Banker Schmidt - Petoskey

Coldwell Banker Schmidt - Petoskey

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 Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 3.42

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,835 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Radiant Floor

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Driveway

Utilities

  • Heating System Uses Propane
  • Well
  • Septic System

Additional Features

  • Deck
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 24-01-16-34-400-029

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

3.42 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2002
  • Lvt Date: 03/14/2016
  • Measurement Source: Builder
  • Section: 34
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Features: Deck, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace, Paved Drive, Range, Refrigerator, Washer, Wood Floors
  • Total Finished Sq Ft: 2835
  • Master Bedroom: Dimensions: 11.0x14.10, On Level: Upper
  • Bedroom 2: Dimensions: 12.0x11.6, On Level: Upper
  • Bedroom 3: Dimensions: 12.2x15.2, On Level: Upper
  • Bedroom 4: Dimensions: 12.7x11.4, On Level: Upper
  • Basement: Full, Finished
  • Dining Room: Dimensions: 11.0x13.3, On Level: Main
  • Kitchen: Dimensions: 10.2x13.3, On Level: Main
  • Family Room: Dimensions: 17.9x13.3, On Level: Main
  • Living Room: Dimensions: 15.2x13.3, On Level: Main
  • Above Grade Finished Sq Ft: 2835
  • Bathroom 1: Dimensions: Full, On Level: Upper
  • Bathroom 2: Dimensions: Full, On Level: Upper
  • Number Of Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Rooms 1: Dimensions: 10x9, On Level: Main
  • Rooms 2: Dimensions: 23x9, On Level: Main
  • Windows: Vinyl

Exterior Features

  • Construction: Wood Frame/Site Built, Two Story +
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

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

Utilities

  • Heat Type: LP Gas, In Floor Heating
  • Sewer: Septic
  • Water: Well

Lot Info

  • Estimated Lot Dimensions: 3.42
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 24-01-16-34-400-029

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2016
Closed on
Jul 29, 2016
Sold by
Gerould Larry L and Gerould Family Trust
Bought by
Seller's Agent
Lynn Ness
Berkshire Hathaway HomeServices Michigan Real Estate - HS
Buyer's Agent
Trish Hartwick
Coldwell Banker Schmidt - Petoskey
List Price
$339,900
Sold Price
$300,000
Premium/Discount to List
-$39,900
-11.74%
Current Estimated Value
$709,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,436
Avg. Annual Appreciation
8.83%
Original Mortgage
$240,000
Outstanding Balance
$185,692
Interest Rate
3.48%
Mortgage Type
FHA
Estimated Equity
$523,744

Purchase Details

Closed on
Mar 18, 2005
Sold by
Gerould Larry L and Gerould Nancy J
Bought by
Gerould Family Trust

Purchase Details

Closed on
Mar 21, 2002
Sold by
Lanctot Dennis J and Lanctot Julie
Bought by
Gerould Larry L and Gerould Nancy J

Purchase Details

Closed on
Oct 5, 2000
Sold by
Fedus Jeanette L
Bought by
Lanctot Dennis J and Lanctot Julie

Purchase Details

Closed on
May 11, 2000
Sold by
Anderson William W
Bought by
Fedus Jeanette L
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Petoskey, MI

  • Chris Christensen Real Estate Agent - Lynda's Real Estate Service

    Chris Christensen

    Lynda's Real Estate Service

    (231) 535-9698

    337 Total Sales

    5 in Bear Creek

    $96K - $365K Price Range

    Chris Christensen
     Section Image
  • Brad Rellinger Real Estate Agent - Harbor Sothebys International Realty

    Brad Rellinger

    Harbor Sothebys International Realty

    (231) 535-9754

    88 Total Sales

    11 in Bear Creek

    $146K - $4.3M Price Range

    Brad Rellinger
     Section Image
  • Shelly Novotny Real Estate Agent - Real Estate One - Charlevoix

    Shelly Novotny

    Real Estate One - Charlevoix

    (231) 244-6564

    61 Total Sales

    1 in Bear Creek

    $90,000 Price

    Shelly Novotny
     Section Image
  • Kristin Clark Real Estate Agent - Gaslight Group Properties

    Kristin Clark

    Gaslight Group Properties

    (517) 246-0934

    33 Total Sales

    1 in Bear Creek

    $125,000 Price

    Kristin Clark
     Section Image
  • Sarah Jones Real Estate Agent - Key Realty One

    Sarah Jones

    Key Realty One

    (760) 253-8063

    93 Total Sales

    4 in Bear Creek

    $275K - $475K Price Range

    Sarah Jones
     Section Image
  • Brienna Roberts Real Estate Agent - Berkshire Hathaway HomeServices Real Estate - BC

    Brienna Roberts

    Berkshire Hathaway HomeServices Real Estate - BC

    (517) 580-6122

    126 Total Sales

    6 in Bear Creek

    $108K - $455K Price Range

    Brienna Roberts
     Section Image
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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
$300,000 Talon Title Agency
Gerould Family Trust -- --
Gerould Larry L $49,900 --
Lanctot Dennis J $39,900 --
Fedus Jeanette L $30,000 --
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 $240,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
07/29/2016 07/29/16 Sold $300,000 -11.7% $106 / Sq Ft
05/31/2016 05/31/16 Pending -- -- --
03/14/2016 03/14/16 For Sale $339,900 -- $120 / Sq Ft
Source: Northern Michigan MLS

Tax 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.

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
2026 $4,933 $354,000 $23,300 $330,700
2025 $4,933 $327,600 $18,800 $308,800
2024 $47 $290,600 $18,800 $271,800
2023 $4,498 $248,900 $16,200 $232,700
2022 $4,498 $213,500 $15,400 $198,100
2021 $4,351 $210,700 $15,400 $195,300
2020 $4,271 $205,000 $0 $205,000
2019 $3,710 $202,100 $17,400 $184,700
2018 $3,614 $165,700 $17,400 $148,300
2017 -- $163,200 $17,400 $145,800
2016 -- $168,200 $168,200 $0
2015 -- $150,600 $0 $0
2014 -- $140,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynn Ness Real Estate Agent - Berkshire Hathaway HomeServices Michigan Real Estate - HS

    Seller's Agent in 2016

    Lynn Ness

    Berkshire Hathaway HomeServices Michigan Real Estate - HS

    (231) 881-5429

    28 Total Sales

    Lynn Ness
    Section Image
  • Jane Elbert Real Estate Agent - Countryside Realty

    Seller Co-Listing Agent in 2016

    Jane Elbert

    Countryside Realty

    (231) 330-4645

    13 Total Sales

    Jane Elbert
    Section Image
  • Trish Hartwick Real Estate Agent - Coldwell Banker Schmidt - Petoskey

    Buyer's Agent in 2016

    Trish Hartwick

    Coldwell Banker Schmidt - Petoskey

    (231) 838-0411

    304 Total Sales

    Trish Hartwick
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 447364

Northern Michigan MLS

APN: 01-16-34-400-029

Michigan Emmet County Petoskey 49770

523 Alcan Dr, Petoskey, MI

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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