NOT LISTED FOR SALE

5267 Petoskey St Alanson, MI 49706

Estimated Value: $336,177 - $395,000

4 Beds
4 Baths
2,050 Sq Ft
$174/Sq Ft Est. Value

Last Sold September 26, 2023

Last sale price $300,000 $146 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,364/month

582 Days on Market

About This Home

As of September 2023

Wonderful opportunity to own a great rental income property close to Crooked Lake. These 2 duplex units offer the ability to live in one and rent the other 3 units out. Located just across the street from the Rails to Trails Bike Path. The large lot opens the opportunity to build additional units for additional income. What a great opportunity!!

Last Agent to Sell the Property

Kevin Olson

Graham Real Estate Listed on: 02/21/2022

Last Buyer's Agent

Connor Kroswek

Real Broker

Real Broker

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.72

Home Design

  • Duplex
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,050 Sq Ft Home
  • Wood Frame Window
  • Crawl Space
  • Range

Utilities

  • Heating System Uses Natural Gas
  • Well
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 07-17-16-300-025

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Lot Details

0.72 Acres

Listing Details

  • Class: MULTI-FAMILY
  • Type: Multifamily
  • Type 2: Duplex
  • Lvt Date: 02/21/2022
  • Section: 16
  • Second Address Number: 5267
  • Directions: US 31 N TO ALANSON, RIGHT ON PETOSKEY ST., PROPERTY IS ON THE LEFT.
  • OFFICELIST_STATE: MI
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Features: Cable, Range, Refrigerator
  • Basement: Crawl
  • Total Sq Ft: 2050
  • Above Grade Finished Sq Ft: 2050
  • Windows: Wood Sash

Exterior Features

  • Construction: Wood Frame
  • Roof: Asphalt Shingles
  • Waterfront Water Access: Neither

Utilities

  • Heat Type: Natural Gas
  • Water: Well
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Water Heaters: 4

Schools

  • School District: Littlefield

Lot Info

  • Zoning: R2

Tax Info

  • Assessor Parcel Number: 07-17-16-300-025

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2022
Sold by
Williams Marilyn R and Williams Y
Bought by
Williams Marilyn R and Marilyn R Williams Trust
Current Estimated Value
$356,044
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Williams Marilyn R -- --
Williams Marilyn R -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2023 09/26/23 Sold $300,000 -18.9% $146 / Sq Ft
03/13/2023 03/13/23 Price Changed $369,900 -7.3% $180 / Sq Ft
09/01/2022 09/01/22 Price Changed $399,000 -6.1% $195 / Sq Ft
06/16/2022 06/16/22 Price Changed $425,000 -5.6% $207 / Sq Ft
02/21/2022 02/21/22 For Sale $450,000 -- $220 / 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 $6,345 $166,700 $0 $166,700
2024 $19 $148,700 $148,700 $0
2023 $2,480 $147,000 $147,000 $0
2022 $2,480 $78,800 $78,800 $0
2021 $2,387 $74,600 $74,600 $0
2020 $2,342 $55,800 $55,800 $0
2019 -- $55,100 $55,100 $0
2018 -- $81,100 $81,100 $0
2017 -- $82,700 $82,700 $0
2016 -- $83,200 $83,200 $0
2015 -- $83,100 $0 $0
2014 -- $71,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northern Michigan MLS

MLS Number: 467472

Northern Michigan MLS

APN: 07-17-16-300-025

Your Personal Tour Guide

Ask me questions while you tour the home.