NOT LISTED FOR SALE

5521 Graham Rd Petoskey, MI 49770

Estimated Value: $482,000 - $832,000

3 Beds
2 Baths
1,090 Sq Ft
$571/Sq Ft Est. Value

Last Sold August 02, 2019

Last sale price $390,000 $358 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,941/month

239 Days on Market

Highlights

  • 50 Feet of Waterfront
  • 1-Story Property
  • Dining Room
  • Living Room

About This Home

As of August 2019

This year round cottage, on highly desired Graham Rd., is in one of the best locations on Crooked Lake. Sandy bottom, deep water at the end of the dock, and fairly well protected from the westerly breeze. Open floor plan and large master bedroom with full bath. Relax on the spacious deck or screened in porch and the kids will love the large waterfront yard. This cottage also has excellent rental history. Comes fully furnished including dock and hoist.

Last Agent to Sell the Property

William Winslow

Coldwell Banker Schmidt- Harbor Springs Listed on: 11/02/2018

Coldwell Banker Schmidt- Harbor Springs

Last Buyer's Agent

Danielle Smith

Gaslight Group Properties

Home Details

Home Type

  • Single Family

Lot Details

  • 50 Feet of Waterfront
  • Property is zoned LTT RR

Interior Spaces

  • 1,090 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Water Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 08-16-24-276-007

Home Details

Home Type

Single Family

Lot Details

0.27 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 11/03/2018
  • Section: 24
  • Second Address Number: 5521
  • Directions: From Petoskey, North on US-31 to Graham Rd, East on Graham Rd
  • OFFICELIST_STATE: MI
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 1090
  • Master Bedroom: Dimensions: 16'0" x 11'0", On Level: Main
  • Bedroom 2: Dimensions: 13'1" x 10'0", On Level: Main
  • Bedroom 3: Dimensions: 11'9" x 9'5", On Level: Main
  • Bedroom 4: On Level: N/A
  • Dining Room: Dimensions: Combo w/ Kitchen, On Level: Main
  • Kitchen: Dimensions: 22'2" x 12'3", On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 14'11" x 14'11", On Level: Main
  • Above Grade Finished Sq Ft: 1090
  • Bathroom 1: Dimensions: 13'4" x 4'11", On Level: Main
  • Bathroom 2: Dimensions: 7'11" x 7'3", On Level: Main
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Rooms 1: Dimensions: 14'11" x 7'3", On Level: Main
  • Rooms 2: On Level: N/A

Exterior Features

  • Construction: One Story
  • Lake: Crooked
  • Waterfront Frontage: 50
  • Waterfront Water Access: Water Front
  • Water View: Yes
  • Wf Wa Ownership Type: Deeded and Private Ownership

Schools

  • School District: Petoskey

Lot Info

  • Zoning: LTT RR

Tax Info

  • Assessor Parcel Number: 08-16-24-276-007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2018
Closed on
Aug 2, 2019
Sold by
5521 Graham Llc
Bought by
Shaqirl Kushtrim
Seller's Agent
William Winslow
Coldwell Banker Schmidt- Harbor Springs
Buyer's Agent
Danielle Smith
Gaslight Group Properties
List Price
$435,000
Sold Price
$390,000
Premium/Discount to List
-$45,000
-10.34%
Current Estimated Value
$622,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,559
Avg. Annual Appreciation
7.33%
Original Mortgage
$312,000
Outstanding Balance
$83,353
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$539,206

Purchase Details

Listed on
Jul 2, 2015
Closed on
Aug 14, 2015
Sold by
Doyle Michael K and Doyle Ellen K
Bought by
Williams Patrick E
Seller's Agent
Geno D'angelo
Real Broker LLC - Petoskey
Buyer's Agent
William Winslow
MLS NON-MEMBER
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.00%
Original Mortgage
$300,000
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 1992
Bought by
Doyle
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
Shaqirl Kushtrim $390,000 Talon Group
Williams Patrick E -- Crossroads Title
Doyle -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaqirl Kushtrim $312,000
Previous Owner Williams Patrick E $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/02/2019 08/02/19 Sold $390,000 -6.0% $358 / Sq Ft
04/09/2019 04/09/19 Price Changed $414,900 -2.4% $381 / Sq Ft
02/03/2019 02/03/19 Price Changed $425,000 -2.3% $390 / Sq Ft
11/02/2018 11/02/18 For Sale $435,000 +16.0% $399 / Sq Ft
08/17/2015 08/17/15 Sold $375,000 -- $335 / Sq Ft View Prior Sale
07/24/2015 07/24/15 Pending -- -- --
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 $8,841 $222,300 $222,300 $0
2024 $85 $223,600 $223,600 $0
2023 $8,096 $209,100 $209,100 $0
2022 $8,096 $217,900 $217,900 $0
2021 $7,830 $231,900 $231,900 $0
2020 $7,693 $185,600 $185,600 $0
2019 $4,374 $102,300 $102,300 $0
2018 $4,370 $113,800 $113,800 $0
2017 -- $118,600 $118,600 $0
2016 -- $101,800 $101,800 $0
2015 -- $96,900 $0 $0
2014 -- $101,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northern Michigan MLS

MLS Number: 457103

Northern Michigan MLS

APN: 08-16-24-276-007

Your Personal Tour Guide

Ask me questions while you tour the home.