NOT LISTED FOR SALE

5554 Howard Rd Petoskey, MI 49770

Estimated Value: $528,000 - $679,122

3 Beds
3 Baths
2,592 Sq Ft
$225/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $350,000 $135 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,412/month

92 Days on Market

Highlights

  • Second Garage
  • Cathedral Ceiling
  • Lower Floor Utility Room
  • Deck
  • Wood Flooring
  • Snowmobile Trail

About This Home

As of October 2020

Located just south of Petoskey near Jones' Landing on Walloon Lake. Clean, 3 bedroom, 3 bath home features great room concept. Master suite and bath with closet space galore. Main and lower levels have natural stone fireplaces. Landscaped and irrigated grounds with storage building plus oversized garage. Convenient to boating, golfing, skiing and all Northern Michigan has to offer. This ideal family home is a well-established building contractor's personal residence and features numerous personal touches which will be greatly appreciated. Lower level walks out onto paver patio and includes 6 x 9 pantry/closet, 5 x 8 bath, 10 x 27 utility room, 8.5 x 9 laundry room and 10.6 x 16 office with egress window. Check out the virtual tour.

Last Agent to Sell the Property

Dave Watson

Real Estate One Listed on: 05/20/2020

Real Estate One

Co-Listed By

Jeff Patton

Coldwell Banker Schmidt - Petoskey

Last Buyer's Agent

Non member Emmet

Emmet Association of Realtors

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1989

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 158 x278
  • Sprinkler System
  • Property is zoned EC FF1

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,592 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Wood Flooring

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 3 Car Detached Garage
  • Second Garage

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Septic System
  • Cable TV Available

Community Details

  • Snowmobile Trail

Listing and Financial Details

  • Assessor Parcel Number 01-19-31-400-027

Home Details

Home Type

Single Family

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1989
  • Lvt Date: 08/03/2020
  • Section: 31
  • Survey: Y
  • Second Address Number: 5554
  • Directions: US 131 South of Petoskey to Howard Road Turn right for approx. 1/4 mile. House is on the west side of the road.
  • OFFICELIST_STATE: MI
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1989

Interior Features

  • Features: Built In Microwave, Cable, Cathedral Ceilings, Ceiling Fans, Central Air, Deck, Dishwasher, Dryer, Mini Blinds, Patio, Range, Refrigerator, Sprinkler System, Washer, Wood Fireplace, Wood Floors, Near Snowmobile Trails
  • Total Finished Sq Ft: 2592
  • Master Bedroom: Dimensions: 15x14, On Level: Upper
  • Bedroom 2: Dimensions: 10x12, On Level: Main
  • Bedroom 3: Dimensions: 11x12, On Level: Main
  • Bedroom 4: On Level: N/A
  • Basement: Block, Full, Walkout, Finished
  • Dining Room: Dimensions: 10x18, On Level: Main
  • Kitchen: Dimensions: 11x12, On Level: Main
  • Family Room: Dimensions: 15x22, On Level: Lower
  • Living Room: Dimensions: 18x21, On Level: Main
  • Above Grade Finished Sq Ft: 1752
  • Bathroom 1: Dimensions: 5.6x8.6, On Level: Upper
  • Bathroom 2: Dimensions: 6x10.6, On Level: Main
  • Number Of Bedrooms: 3
  • Full Bathrooms: 3
  • Rooms 1: Dimensions: Office 10.6x16, On Level: Lower
  • Rooms 2: Dimensions: Laundry room 8.5x9, On Level: Lower
  • Windows: Andersen

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: Three

Utilities

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

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 158 X278
  • Estimated Number of Acres: 1
  • Zoning: EC FF1

Tax Info

  • Assessor Parcel Number: 01-19-31-400-027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2021
Sold by
Proffitt John J
Bought by
Proffitt John J and Proffitt Katrina L
Current Estimated Value
$583,031

Purchase Details

Listed on
May 20, 2020
Closed on
Oct 16, 2020
Sold by
Robert Fate
Bought by
Proffitt John J
Seller's Agent
Dave Watson
Real Estate One
Buyer's Agent
Non member Emmet
Emmet Association of Realtors
List Price
$354,000
Sold Price
$350,000
Premium/Discount to List
-$4,000
-1.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.21%
Original Mortgage
$358,050
Interest Rate
2.8%
Mortgage Type
VA
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
Proffitt John J -- --
Proffitt John J $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Proffitt John J $358,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2020 10/16/20 Sold $350,000 +3.2% $135 / Sq Ft
08/31/2020 08/31/20 Price Changed $339,000 -4.2% $131 / Sq Ft
05/20/2020 05/20/20 For Sale $354,000 -- $137 / 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 $4,729 $242,000 $6,500 $235,500
2024 $45 $220,800 $6,500 $214,300
2023 $4,311 $190,900 $5,600 $185,300
2022 $4,311 $173,600 $5,300 $168,300
2021 $4,286 $172,700 $172,700 $0
2020 $2,598 $148,300 $148,300 $0
2019 $2,444 $146,200 $146,200 $0
2018 $2,386 $127,900 $127,900 $0
2017 -- $126,100 $126,100 $0
2016 -- $117,800 $117,800 $0
2015 -- $108,300 $0 $0
2014 -- $100,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northern Michigan MLS

MLS Number: 462830

Northern Michigan MLS

APN: 01-19-31-400-027