NOT LISTED FOR SALE

5467 Old Us 31 Hwy Petoskey, MI 49770

Estimated Value: $396,000 - $485,000

3 Beds
2 Baths
1,560 Sq Ft
$290/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $290,000 $186 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,700/month

Highlights

  • Deck
  • Wood Flooring
  • Main Floor Primary Bedroom
  • Cathedral Ceiling
  • Pole Barn
  • Wood Frame Window

About This Home

As of June 2021

Enjoy country living in this 3 bedroom, two bath home offering seasonal views of Little Traverse Bay and located in close proximity to Petoskey, Charlevoix and Bay Harbor. The living room features a vaulted ceiling, custom woodwork and a wood burning fieldstone fireplace. The home sits on just under two acres and includes a full basement, detached two car garage, 12x12 shed and 30x30 pole building. In-person showings of the property will begin on Saturday, May 15th at 9AM. Any offers received prior to this date will be held until Monday, May 17th at 5PM.

Last Agent to Sell the Property

Jeff Patton

Coldwell Banker Schmidt - Petoskey Listed on: 05/12/2021

Coldwell Banker Schmidt - Petoskey

Last Buyer's Agent

Katy Hill

Berkshire Hathaway HomeServices Real Estate - BC License #6501421504

Berkshire Hathaway HomeServices Real Estate - BC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,631

Year Built

  • Built in 1984

Lot Details

  • 1.73 Acre Lot
  • Lot Dimensions are 200x375
  • Property is zoned RTFF

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,560 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Blinds
  • Wood Frame Window
  • Living Room
  • Dining Room
  • Wood Flooring
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Deck
  • Pole Barn
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Propane Water Heater
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 13-18-09-300-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,631

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1984
  • Lvt Date: 05/12/2021
  • Measurement Source: Agent
  • Section: 9
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1984

Interior Features

  • Features: Cable, Cathedral Ceilings, Ceiling Fans, Deck, Dryer, Mini Blinds, Paved Drive, Range, Refrigerator, Washer, Wood Fireplace, Wood Floors
  • Total Finished Sq Ft: 1560
  • Master Bedroom: Dimensions: 14X9'6, On Level: Main
  • Bedroom 2: Dimensions: 10'6X12'6, On Level: Upper
  • Bedroom 3: Dimensions: 11X14'6, On Level: Upper
  • Bedroom 4: On Level: N/A
  • Total Rooms: 9
  • Basement: Block, Full
  • Dining Room: Dimensions: 12'6X17, On Level: Main
  • Kitchen: Dimensions: 15X12'6, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 14x15, On Level: Main
  • Above Grade Finished Sq Ft: 1350
  • Bathroom 1: Dimensions: 5'6X8'6, On Level: Main
  • Bathroom 2: Dimensions: 8X8'6, On Level: Upper
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Rooms 1: Dimensions: Rec Basement 14X15, On Level: Lower
  • Rooms 2: On Level: N/A
  • Windows: Wood Sash, Insulated

Exterior Features

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

Garage/Parking

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

Utilities

  • Heat Type: Forced Air, LP Gas
  • Sewer: Septic
  • Water: Well
  • Water Heater: 40 Gal, Propane

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 200x375
  • Estimated Number of Acres: 1.73
  • Zoning: RTFF

Tax Info

  • Assessor Parcel Number: 13-18-09-300-007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2021
Closed on
Jun 25, 2021
Sold by
Kirwan Peter
Bought by
Altscheffel Jacob and Burke Christine
Seller's Agent
Jeff Patton
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Katy Hill
Berkshire Hathaway HomeServices Real Estate - BC
List Price
$279,000
Sold Price
$290,000
Premium/Discount to List
$11,000
3.94%
Current Estimated Value
$452,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,250
Avg. Annual Appreciation
10.99%
Original Mortgage
$241,999
Outstanding Balance
$220,052
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$232,198

Purchase Details

Closed on
Nov 1, 1995
Bought by
Kirwan Pta

Purchase Details

Closed on
Jul 1, 1992
Bought by
Altman
Source: Public Records

Range of Values:

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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
Altscheffel Jacob $290,000 --
Kirwan Pta $112,000 --
Altman $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Altscheffel Jacob $241,999
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $290,000 +3.9% $186 / Sq Ft
05/12/2021 05/12/21 For Sale $279,000 -- $179 / 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 $3,631 $186,700 $9,400 $177,300
2024 $3,631 $168,500 $9,400 $159,100
2023 $3,308 $161,300 $8,100 $153,200
2022 $3,308 $142,000 $142,000 $0
2021 $1,641 $113,200 $113,200 $0
2020 $1,615 $98,700 $98,700 $0
2019 -- $94,000 $94,000 $0
2018 -- $88,000 $88,000 $0
2017 -- $88,200 $88,200 $0
2016 -- $85,800 $85,800 $0
2015 -- $73,500 $0 $0
2014 -- $63,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeff Patton

    Seller's Agent in 2021

    Jeff Patton

    Coldwell Banker Schmidt - Petoskey

    (231) 881-9019

    38 Total Sales

    Jeff Patton
    Section Image

  • K

    Buyer's Agent in 2021

    Katy Hill

    Berkshire Hathaway HomeServices Real Estate - BC

    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 465042

Northern Michigan MLS

APN: 13-18-09-300-007

Michigan Emmet County Petoskey 49770

5467 Old Us 31 Hwy, Petoskey, MI

This home is located at 5467 Old Us 31 Hwy, Petoskey, MI 49770 since 12 May 2021 and is currently estimated at $452,250, approximately $289 per square foot. This property was built in 1984. 5467 Old Us 31 Hwy is a home located in Emmet County with nearby schools including Petoskey High School.

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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