NOT LISTED FOR SALE

530 Cherry St Petoskey, MI 49770

Estimated Value: $515,000 - $713,000

3 Beds
2.5 Baths
3,598 Sq Ft
$172/Sq Ft Est. Value

Last Sold March 04, 2015

Last sale price $235,000 $65 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $3,658/month

Highlights

  • Wood Flooring
  • Lower Floor Utility Room
  • 2 Car Attached Garage
  • Main Floor Primary Bedroom
  • Thermal Windows
  • Brick or Stone Mason

About This Home

As of March 2015

Charming brick home in a great neighborhood within walking distance to downtown. Great, open floor plan with hardwood floors throughout. Large, finished basement and an attached garage. Enjoy entertaining in the private backyard. The pergola and manicured landscaping provide a wonderful ambience. Come take a look at all this house has to offer!

Last Agent to Sell the Property

David Shuman

Bay North Realty Co. Listed on: 10/10/2014

Last Buyer's Agent

Doug Nowels

Real Estate One

Real Estate One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,555

Lot Details

  • 8,015

Home Design

  • Brick or Stone Mason
  • Asphalt Shingled Roof

Interior Spaces

  • 3,598 Sq Ft Home
  • Gas Fireplace
  • Thermal Windows
  • Insulated Windows
  • Blinds
  • Family Room
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Patio
  • Shed

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 52-19-05-303-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,555

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Section: 5
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Cable, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace, Mini Blinds, Patio, Paved Drive, Range, Refrigerator, Washer, Wood Floors
  • Total Finished Sq Ft: 3598
  • Master Bedroom: Dimensions: 12 x 11, On Level: Main
  • Bedroom 2: Dimensions: 12 x 11, On Level: Main
  • Bedroom 3: Dimensions: 10 x 10.5, On Level: Main
  • Bedroom 4: On Level: N/A
  • Total Rooms: 8
  • Basement: Block, Full, Finished
  • Dining Room: Dimensions: 13 x 10, On Level: Main
  • Kitchen: Dimensions: 15 x 14, On Level: Main
  • Family Room: Dimensions: 24 x 15, On Level: Main
  • Living Room: Dimensions: 24 x 13, On Level: Main
  • Above Grade Finished Sq Ft: 1998
  • Bathroom 1: Dimensions: 10 x 7, On Level: Upper
  • Bathroom 2: Dimensions: 8 x 5.5, On Level: Lower
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Rooms 1: Dimensions: Rec Room-32 x 23, On Level: Lower
  • Rooms 2: Dimensions: Half Bath-4 x 4, On Level: Main
  • Windows: Thermo, Insulated

Exterior Features

  • Construction: Brick
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

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

Utilities

  • Heat Type: Natural Gas, Hot Water Baseboard
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas, 40 Gal

Schools

  • School District: Petoskey

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 52-19-05-303-004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2014
Closed on
Mar 4, 2015
Sold by
Riley Aaron and Corcoran Kacey
Bought by
Murphy Cory M and Murphy Delynne
Seller's Agent
David Shuman
Bay North Realty Co.
Buyer's Agent
Doug Nowels
Real Estate One
List Price
$244,900
Sold Price
$235,000
Premium/Discount to List
-$9,900
-4.04%
Current Estimated Value
$617,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,750
Avg. Annual Appreciation
9.52%
Original Mortgage
$188,000
Interest Rate
3.56%
Mortgage Type
VA

Purchase Details

Closed on
Jun 24, 2011
Sold by
Kruskie Construction Llc
Bought by
Riley Aaron and Corcoran Kacey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
4.63%

Purchase Details

Closed on
Jan 10, 2011
Sold by
Schutte Joseph E and Schutte Michelle R
Bought by
Kruskie Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
4.87%

Purchase Details

Closed on
Feb 15, 2001
Bought by
Schutte Joseph E and Schutte Michelle R
Source: Public Records

Range of Values:

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
Murphy Cory M $235,000 Talon Title Agency
Riley Aaron $210,000 --
Kruskie Construction Llc $220,000 --
Schutte Joseph E $162,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Murphy Cory M $188,000
Previous Owner Riley Aaron $199,500
Previous Owner Kruskie Construction Llc $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2015 03/04/15 Sold $235,000 -4.0% $65 / Sq Ft
01/27/2015 01/27/15 Pending -- -- --
10/10/2014 10/10/14 For Sale $244,900 -- $68 / 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 $4,555 $247,500 $247,500 $0
2024 $4,555 $216,300 $216,300 $0
2023 $4,066 $179,000 $179,000 $0
2022 $4,178 $167,800 $167,800 $0
2021 $4,066 $151,100 $151,100 $0
2020 $4,111 $122,400 $122,400 $0
2019 -- $119,800 $119,800 $0
2018 -- $109,600 $109,600 $0
2017 -- $112,300 $112,300 $0
2016 -- $106,900 $106,900 $0
2015 -- $93,900 $0 $0
2014 -- $81,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northern Michigan MLS

MLS Number: 442468

Northern Michigan MLS

APN: 52-19-05-303-004