NOT LISTED FOR SALE

552 W Jefferson St Petoskey, MI 49770

Estimated Value: $642,000 - $1,282,000

4 Beds
4.5 Baths
3,152 Sq Ft
$308/Sq Ft Est. Value

Sale Details

Date Sold: April 23, 2012

Last sale price $320,000 $102 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $6,436 / mo

21 Days on Market

Highlights

  • Water Views
  • Second Garage
  • Main Floor Primary Bedroom
  • Guest House
  • Deck
  • First Floor Utility Room

About This Home

As of April 2012

This unique property has never before been offered for purchase and is sure to grab the attention of year round residents as well as the resort crowd. Perched dramatically against a bluff above historic Lake Street and the Bike Path this ranch home and detached garage/guest suite look west towards Petoskey's "million dollar sunsets". Meticulously maintained, 4 garage stalls, separate living area in the walk-out lower level.... This property is priced to sell and easily available to see.

Last Agent to Sell the Property

Michael MacCarthy

Gaslight Group Properties Listed on: 03/15/2012

Last Buyer's Agent

Kyle Lieberman

Kidd & Leavy Real Estate Co. LLC

Home Details

Home Type

  • Single Family

Lot Details

  • 0.34

Home Design

  • Brick or Stone Mason
  • Asphalt Shingled Roof

Interior Spaces

  • 3,152 Sq Ft Home
  • Gas Fireplace
  • Insulated Windows
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Water Views

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Car Garage
  • Second Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio

Additional Homes

  • Guest House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 52-19-06-126-010

Home Details

Home Type

Single Family

Lot Details

0.34 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Measurement Source: Owner
  • Section: 6
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Cable, Deck, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace, Patio, Paved Drive, Range, Refrigerator, Washer
  • Total Finished Sq Ft: 3152
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Lower
  • Bedroom 4: On Level: Upper
  • Basement: Full, Walkout
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Lower
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 2450
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Insulated

Exterior Features

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

Garage/Parking

  • Garage Carport: Garage-Attached, Garage-Detached
  • Gar Car Capacity: Four +

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: Septic
  • Water: City
  • Water Heater: Natural Gas

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 52-19-06-126-010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2012
Closed on
Apr 23, 2012
Sold by
Reddig James Robin
Bought by
Chapman Andrew C and Chapman Patricia G
Seller's Agent
Michael MacCarthy
Gaslight Group Properties
Buyer's Agent
Kyle Lieberman
Kidd & Leavy Real Estate Co. LLC
List Price
$349,900
Sold Price
$320,000
Premium/Discount to List
-$29,900
-8.55%
Current Estimated Value
$971,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$651,312
Avg. Annual Appreciation
8.26%

Purchase Details

Closed on
Jun 15, 2010
Sold by
Foley Reddig Betty and Reddig James Robin
Bought by
Foley Reddig Betty and Foley Betty Foley

Purchase Details

Closed on
Sep 1, 1986
Bought by
Ag Reddig B and Ag S
Source: Public Records

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 Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chapman Andrew C $320,000 --
Foley Reddig Betty -- --
Ag Reddig B $125,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2012 04/23/12 Sold $320,000 -8.5% $102 / Sq Ft
04/05/2012 04/05/12 Pending -- -- --
03/15/2012 03/15/12 For Sale $349,900 -- $111 / 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 $15,009 $536,600 $536,600 $0
2024 $143 $535,200 $535,200 $0
2023 $13,666 $451,700 $451,700 $0
2022 $13,666 $355,300 $355,300 $0
2021 $13,276 $337,000 $337,000 $0
2020 $13,310 $335,000 $335,000 $0
2019 -- $258,100 $258,100 $0
2018 -- $279,200 $279,200 $0
2017 -- $251,900 $251,900 $0
2016 -- $254,400 $254,400 $0
2015 -- $234,400 $0 $0
2014 -- $234,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 433064

Northern Michigan MLS

APN: 52-19-06-126-010

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