5592 Rustic Rd Petoskey, MI 49770
Estimated Value: $223,966 - $388,000
--
Bed
--
Bath
--
Sq Ft
1.5
Acres
About This Home
This home is located at 5592 Rustic Rd, Petoskey, MI 49770 and is currently estimated at $307,492. 5592 Rustic Rd is a home located in Emmet County with nearby schools including Petoskey High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 2, 2009
Sold by
Walker Thomas D and Walker Deanna F
Bought by
Hofbauer Henry G
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Outstanding Balance
$3,296
Interest Rate
4.94%
Estimated Equity
$304,196
Purchase Details
Closed on
May 8, 2007
Sold by
Figg Russell D and Figg Jean E
Bought by
Walker Thomas D and Walker Deanna F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.12%
Mortgage Type
Stand Alone First
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hofbauer Henry G | $15,000 | -- | |
| Walker Thomas D | $24,500 | -- | |
| Walker Thomas D | $24,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hofbauer Henry G | $12,000 | |
| Previous Owner | Walker Thomas D | $110,000 |
Source: Public Records
Tax History Compared to Growth
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 | $1,683 | $118,600 | $0 | $118,600 |
| 2024 | $1,683 | $106,500 | $0 | $106,500 |
| 2023 | $1,534 | $90,900 | $0 | $90,900 |
| 2022 | $1,534 | $79,100 | $0 | $79,100 |
| 2021 | $1,297 | $68,900 | $0 | $68,900 |
| 2020 | $1,273 | $67,500 | $0 | $67,500 |
| 2019 | $999 | $66,500 | $6,400 | $60,100 |
| 2018 | $971 | $55,400 | $6,400 | $49,000 |
| 2017 | -- | $38,200 | $6,400 | $31,800 |
| 2016 | -- | $35,900 | $6,400 | $29,500 |
| 2015 | -- | $32,700 | $0 | $0 |
| 2014 | -- | $10,300 | $0 | $0 |
Source: Public Records
Map
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