NOT LISTED FOR SALE

5645 Rustic Rd Petoskey, MI 49770

Estimated Value: $313,318 - $342,000

3 Beds
2 Baths
1,400 Sq Ft
$237/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $285,000 $204 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,012/month

Highlights

  • Main Floor Primary Bedroom
  • 2 Car Detached Garage
  • Living Room
  • First Floor Utility Room
  • Patio
  • Shed

About This Home

As of August 2023

This charming home is 3 bedrooms and 2 bathrooms, comfortable living space. Situated on an expansive acre lot, this property offers a private backyard, perfect for relaxation and outdoor activities. The bedrooms offer cozy spacious, the bathrooms are designed for both functionality and style. The home's design creates a seamless flow between the living areas, making it ideal for entertaining guests or spending quality time with loved ones. Outside, the sizable backyard invites you to enjoy the fully landscaped yard. Space for your beautiful garden, a playground for children, or a serene space to unwind, this private sanctuary offers endless possibilities. Located in the desirable Petoskey area, 6 miles from downtown, with convenient access to amenities, schools, and recreational opportunities. 2 car detached garage, 2 sheds for extra storage each are 7x7, paved driveway, county maintained road, front and back patio, Truestream Fiber internet! Come check out your new home, bring us an offer!! Seller is ready to move!!

Last Agent to Sell the Property

Sarah Jones

Key Realty One License #6501439627 Listed on: 07/06/2023

Key Realty One

Last Buyer's Agent

Mitch Brown

North Shores Realty Group

North Shores Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,913

Year Built

  • Built in 1999

Lot Details

  • 1.05 Acre Lot
  • Property is zoned 401 RESIDENTIAL-IMPROVED

Home Design

  • Asphalt Shingled Roof
  • Modular or Manufactured Materials

Interior Spaces

  • 1,400 Sq Ft Home
  • Vinyl Clad Windows
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Crawl Space

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Patio
  • Shed

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Propane
  • Well
  • Propane Water Heater
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 01-16-36-200-073

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,913

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1999
  • Lvt Date: 07/06/2023
  • Section: SECTION 36
  • Second Address Number: 5645
  • Directions: US-31 N Turn right onto Pickerel Lake Rd Turn right onto Bellmer Rd Turn left onto Rustic Rd Destination will be on the left
  • Price per Sq Ft: 203.57
  • OFFICELIST_STATE: MI
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Features: Built In Microwave, Cable, Dishwasher, Dryer, Garbage Disposal, Patio, Paved Drive, Range, Refrigerator, Washer, Paved Road
  • Total Finished Sq Ft: 1400
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: N/A
  • Total Rooms: 9
  • Basement: Crawl
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: N/A
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 1400
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Vinyl, Andersen

Exterior Features

  • Construction: Modular-BOCA-Wood Frame
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

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

Utilities

  • Heat Type: LP Gas, Hot Water Baseboard
  • Sewer: Septic
  • Water: Well
  • Water Heater: Propane

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Estimated Number of Acres: 1.05
  • Zoning: 401 RESIDENTIAL-IMPROVED

Tax Info

  • Assessor Parcel Number: 01-16-36-200-073

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Aug 18, 2023
Sold by
Boring Christopher D and Croitoru Edwina K
Bought by
Radatovich Paul and Radatovich Emma
Seller's Agent
Sarah Jones
Key Realty One
Buyer's Agent
Mitch Brown
North Shores Realty Group
List Price
$345,000
Sold Price
$285,000
Premium/Discount to List
-$60,000
-17.39%
Views
163
Current Estimated Value
$332,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,439
Avg. Annual Appreciation
7.50%
Original Mortgage
$260,000
Outstanding Balance
$254,042
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$78,397

Purchase Details

Closed on
Aug 27, 2015
Sold by
Flynn Michael and Flynn Susan
Bought by
Boring Christopher D and Croitoru Edwina K
Source: Public Records

Range of Values:

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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
Radatovich Paul $285,000 Fox Title Company
Boring Christopher D $120,000 Attorney Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Radatovich Paul $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2023 08/18/23 Sold $285,000 -5.0% $204 / Sq Ft
07/20/2023 07/20/23 Price Changed $299,900 -7.7% $214 / Sq Ft
07/17/2023 07/17/23 Price Changed $325,000 -5.8% $232 / Sq Ft
07/06/2023 07/06/23 For Sale $345,000 -- $246 / 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 $2,913 $131,000 $5,800 $125,200
2024 $2,913 $117,900 $117,900 $0
2023 $1,792 $101,400 $101,400 $0
2022 $1,792 $88,500 $88,500 $0
2021 $1,734 $87,800 $87,800 $0
2020 $1,702 $86,000 $86,000 $0
2019 -- $84,900 $84,900 $0
2018 -- $69,300 $69,300 $0
2017 -- $68,300 $68,300 $0
2016 -- $64,100 $64,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 471560

Northern Michigan MLS

APN: 01-16-36-200-073