5720 Rustic Rd Petoskey, MI 49770
Estimated Value: $319,648 - $456,000
3
Beds
2
Baths
1,500
Sq Ft
$267/Sq Ft
Est. Value
Highlights
- Deck
- First Floor Utility Room
- Thermal Windows
- Cathedral Ceiling
- Snowmobile Trail
- 2 Car Attached Garage
About This Home
As of November 2020Beautiful country home sitting on 1.2 acres. There are well-established fruit, vegetable, and flower beds with water spigots at every bed. This 3 bedroom, 2 bath, ranch-style home was built in 2006, and well thought-out. From the tall crawl space with pea gravel floor, drain tile all around the house draining to the ditch, to water shut offs for each room so you will never have to shut the whole house off. Updated appliances, newer furnace, and a septic pumping system with an alarm. Enjoy Northern Michigan summers sitting on the large deck off the dining room or family and friends gathering in the large yard. You are only 4 miles from downtown Petoskey. The ski hills are a short drive, Mackinac Bridge, and Michigan’s Upper Peninsula are 30 minutes away. Plenty of room to add a pole barn to store all your toys. You can head out on your snowmobiles and ATV right from your yard. Schedule a personal tour today!
Last Listed By
Franc Doud
Franc Doud, Realtor Listed on: 09/14/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,882
Year Built
- Built in 2006
Lot Details
- 1.2 Acre Lot
- Lot Dimensions are 175 x 330
- Property is zoned FF-1
Parking
- 2 Car Attached Garage
Home Design
- Wood Frame Construction
- Asphalt Shingled Roof
Interior Spaces
- 1,500 Sq Ft Home
- 1-Story Property
- Cathedral Ceiling
- Ceiling Fan
- Thermal Windows
- Living Room
- Dining Room
- First Floor Utility Room
- Crawl Space
Kitchen
- Range
- Built-In Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Shed
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Propane
- Well
- Propane Water Heater
- Septic System
Community Details
- Snowmobile Trail
Listing and Financial Details
- Assessor Parcel Number 01-16-36-400-018
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 14, 2020
Closed on
Nov 6, 2020
Sold by
Buday Lawrence
Bought by
Eyagar Adam S and Eyagar Maria A
Seller's Agent
Franc Doud
Franc Doud, Realtor
Buyer's Agent
Annie Mooradian
Keystone Real Estate
List Price
$238,900
Sold Price
$235,000
Premium/Discount to List
-$3,900
-1.63%
Total Days on Market
9
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,662
Avg. Annual Appreciation
11.03%
Original Mortgage
$227,950
Outstanding Balance
$205,986
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$171,539
Purchase Details
Closed on
Nov 23, 2005
Sold by
Figg Figg R R and Figg Jean
Bought by
Buday Lawrence and Mary Anna
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Similar Homes in Petoskey, MI
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Eyagar Adam S | $235,000 | -- | |
| Buday Lawrence | $19,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Eyagar Adam S | $227,950 | |
| Previous Owner | Buday Lawrence | $173,324 | |
| Previous Owner | Buday Maryanna | $170,050 | |
| Previous Owner | Buday Lawrence | $15,000 | |
| Previous Owner | Buday Lawrence | $10,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/06/2020 11/06/20 | Sold | $235,000 | 0.0% | $157 / Sq Ft |
| 10/12/2020 10/12/20 | Off Market | $235,000 | -- | -- |
| 09/14/2020 09/14/20 | For Sale | $238,900 | -- | $159 / Sq Ft |
Source: Northern Michigan MLS
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 |
|---|---|---|---|---|
| 2024 | $2,882 | $142,100 | $6,500 | $135,600 |
| 2023 | $2,627 | $121,800 | $5,600 | $116,200 |
| 2022 | $2,627 | $105,800 | $5,300 | $100,500 |
| 2021 | $2,606 | $105,000 | $105,000 | $0 |
| 2020 | $1,311 | $84,500 | $84,500 | $0 |
| 2019 | $1,234 | $83,300 | $83,300 | $0 |
| 2018 | $1,204 | $69,100 | $69,100 | $0 |
| 2017 | -- | $68,100 | $68,100 | $0 |
| 2016 | -- | $63,500 | $63,500 | $0 |
| 2015 | -- | $57,600 | $0 | $0 |
| 2014 | -- | $50,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2020
Franc Doud
Franc Doud, Realtor
(231) 818-7991
-
Annie Mooradian
Buyer's Agent in 2020
Annie Mooradian
Keystone Real Estate
(231) 838-7955
74 Total Sales
Map
Source: Northern Michigan MLS
MLS Number: 463284
APN: 01-16-36-400-018
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