NOT LISTED FOR SALE

5689 Cherry Ct Petoskey, MI 49770

Estimated Value: $566,000 - $827,000

3 Beds
3 Baths
3,400 Sq Ft
$218/Sq Ft Est. Value

Last Sold October 08, 2020

Last sale price $425,000 $125 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $4,431/month

Highlights

  • Deck
  • Wood Flooring
  • First Floor Utility Room
  • Cathedral Ceiling
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage

About This Home

As of October 2020

Beautiful 3 Bedroom Petoskey home! Located within a short distance to Walloon Lake public access! This home has been significantly updated by the current owners making the home feel brighter!

Last Agent to Sell the Property

Geno D'angelo

Real Broker Listed on: 10/09/2020

Real Broker

Last Buyer's Agent

Geno D'angelo

Real Broker Listed on: 10/09/2020

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,494

Year Built

  • Built in 1999

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • Wood Frame Construction

Interior Spaces

  • 3,400 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Electric Water Heater
  • Septic System

Community Details

  • Oaks Of Walloon Association

Listing and Financial Details

  • Assessor Parcel Number 13-18-36-325-107

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,494

Year Built

Built in 1999

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1999
  • Lvt Date: 10/09/2020
  • Section: 36
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Features: Cathedral Ceilings, Ceiling Fans, Central Air, Deck, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace, Paved Drive, Range, Refrigerator, Washer, Wood Floors
  • Total Finished Sq Ft: 3400
  • Master Bedroom: Dimensions: 15.6 x 13, On Level: Main
  • Bedroom 2: Dimensions: 11 x 12, On Level: Main
  • Bedroom 3: Dimensions: 10 x 11.6, On Level: Main
  • Bedroom 4: On Level: N/A
  • Total Rooms: 12
  • Basement: Full, Walkout, Finished
  • Dining Room: Dimensions: 10.6 x 12, On Level: Main
  • Kitchen: Dimensions: 12 x 10, On Level: Main
  • Family Room: Dimensions: 14.6 x 29, On Level: Lower
  • Living Room: Dimensions: 19 x 17.5, On Level: Main
  • Above Grade Finished Sq Ft: 1900
  • Bathroom 1: Dimensions: 11 x 5, On Level: Main
  • Bathroom 2: Dimensions: 10 x 11.6, On Level: Main
  • Number Of Bedrooms: 3
  • Full Bathrooms: 3
  • Rooms 1: Dimensions: Den-11.6 x 9.6, On Level: Lower
  • Rooms 2: Dimensions: Office-11.10 x 12, On Level: Lower

Exterior Features

  • Construction: Wood Frame/Site Built
  • Waterfront Water Access: Neither

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: Oaks of Walloon
  • Association: Yes
  • Fees: 400

Schools

  • School District: Petoskey

Lot Info

  • Zoning: Res

Tax Info

  • Assessor Parcel Number: 13-18-36-325-107

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2020
Closed on
Oct 6, 2020
Sold by
Nettleman Paul E
Bought by
Rahn Gail and Rahn Dale
Seller's Agent
Geno D'angelo
Real Broker
Buyer's Agent
Geno D'angelo
Real Broker
List Price
$399,900
Sold Price
$425,000
Premium/Discount to List
$25,100
6.28%
Current Estimated Value
$739,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,570
Avg. Annual Appreciation
11.84%
Original Mortgage
$340,000
Outstanding Balance
$303,776
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$435,794

Purchase Details

Listed on
May 31, 2017
Closed on
Jun 21, 2017
Sold by
Mckay Jennifer L
Bought by
Nettleman Paul E and Nettleman Floremce M
Seller's Agent
C.T. Shuman
Real Estate One
Buyer's Agent
David Uutinen
Berkshire Hathaway HomeServices Michigan Real Estate - HS
List Price
$299,900
Sold Price
$295,000
Premium/Discount to List
-$4,900
-1.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.70%

Purchase Details

Closed on
Aug 11, 2006
Sold by
Burch Ted J and Burch Tina M
Bought by
Mckay Jennifer K

Purchase Details

Closed on
Sep 19, 2001
Sold by
Farr Scott M and Farr Linda K
Bought by
Burch Ted J and Burch Tina M

Purchase Details

Closed on
Nov 24, 1999
Bought by
Farr Scott M and Farr Linda 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
Rahn Gail -- --
Nettleman Paul E $295,000 Talon Title
Mckay Jennifer K $279,900 --
Burch Ted J $250,000 --
Farr Scott M $225,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahn Gail $340,000
Previous Owner Mckay Jennifer K $214,400
Previous Owner Mckay Jennifer K $189,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 For Sale $399,900 -5.9% $118 / Sq Ft
10/08/2020 10/08/20 Sold $425,000 +44.1% $125 / Sq Ft
09/05/2020 09/05/20 Pending -- -- --
06/21/2017 06/21/17 Sold $295,000 -1.6% $87 / Sq Ft
06/05/2017 06/05/17 Pending -- -- --
05/31/2017 05/31/17 For Sale $299,900 -- $88 / 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 $5,494 $313,700 $313,700 $0
2024 $5,494 $308,900 $308,900 $0
2023 $5,005 $291,000 $291,000 $0
2022 $5,005 $231,500 $231,500 $0
2021 $4,817 $208,000 $208,000 $0
2020 $3,099 $149,200 $149,200 $0
2019 -- $149,700 $149,700 $0
2018 -- $128,500 $128,500 $0
2017 -- $128,000 $128,000 $0
2016 -- $123,300 $123,300 $0
2015 -- $123,100 $0 $0
2014 -- $108,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 463472

Northern Michigan MLS

APN: 13-18-36-325-107