NOT LISTED FOR SALE

5267 Petoskey St Alanson, MI 49706

Estimated Value: $332,000 - $355,000

4 Beds
4 Baths
2,050 Sq Ft
$167/Sq Ft Est. Value

Sale Details

Date Sold: September 26, 2023

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

Est. 14% increase in value since last sale

Current estimated payment $2,370 / mo

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 LLC - Petoskey

Real Broker LLC - Petoskey

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

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

Closed on
Jul 14, 2022
Sold by
Bought by
Current Estimated Value
$342,875
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
-- --
-- --
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
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

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
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

  • Kevin Olson

    Seller's Agent in 2023

    Kevin Olson

    Graham Real Estate

    (231) 881-7303

    95 Total Sales

    Kevin Olson
    Section Image

  • C

    Buyer's Agent in 2023

    Connor Kroswek

    Real Broker LLC - Petoskey

    (231) 622-3679

    21 Total Sales

    Connor Kroswek
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 467472

Northern Michigan MLS

APN: 07-17-16-300-025

Michigan Emmet County Alanson 49706

5267 Petoskey St, Alanson, 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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