NOT LISTED FOR SALE

5720 Rustic Rd Petoskey, MI 49770

Estimated Value: $335,581 - $492,000

3 Beds
2 Baths
1,500 Sq Ft
$285/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $235,000 $157 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,519/month

Highlights

  • Deck
  • First Floor Utility Room
  • Thermal Windows
  • Cathedral Ceiling
  • Snowmobile Trail
  • 2 Car Attached Garage

About This Home

As of November 2020

Beautiful 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 Agent to Sell the Property

Franc Doud

Franc Doud, Realtor Listed on: 09/14/2020

Last Buyer's Agent

Annie Mooradian

Keystone Real Estate

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,882

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2006
  • Lvt Date: 09/17/2020
  • Section: 36
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Features: Built In Microwave, Cathedral Ceilings, Ceiling Fans, Central Air, Deck, Dishwasher, Dryer, Garbage Disposal, Range, Refrigerator, Washer, Near Snowmobile Trails, Paved Road
  • Total Finished Sq Ft: 1500
  • Master Bedroom: Dimensions: 13 x 14, On Level: Main
  • Bedroom 2: Dimensions: 11.7 x 12, On Level: Main
  • Bedroom 3: Dimensions: 10 x 12, On Level: Main
  • Bedroom 4: On Level: N/A
  • Total Rooms: 9
  • Basement: Crawl
  • Dining Room: Dimensions: 10.5 x 8.5, On Level: Main
  • Kitchen: Dimensions: 10.5 x 12.5, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 21 x 16.10, On Level: Main
  • Above Grade Finished Sq Ft: 1500
  • Bathroom 1: Dimensions: 10 x 5, On Level: Main
  • Bathroom 2: Dimensions: Mast 8 x 8, On Level: Main
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Thermo

Exterior Features

  • Construction: Wood Frame/Site Built, One Story
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

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

Utilities

  • Heat Type: Forced Air, LP Gas
  • Sewer: Septic
  • Water: Well
  • Water Heater: Propane

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 175 x 330
  • Estimated Number of Acres: 1.2
  • Zoning: FF-1

Tax Info

  • 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%
Current Estimated Value
$428,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,194
Avg. Annual Appreciation
13.00%
Original Mortgage
$227,950
Outstanding Balance
$201,672
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$226,522

Purchase Details

Closed on
Nov 23, 2005
Sold by
Figg Figg R R and Figg Jean
Bought by
Buday Lawrence and Mary Anna
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
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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $2,882 $157,500 $6,500 $151,000
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

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Map

Source: Northern Michigan MLS

MLS Number: 463284

Northern Michigan MLS

APN: 01-16-36-400-018