NOT LISTED FOR SALE

5721 E Mitchell Rd Petoskey, MI 49770

Estimated Value: $471,057 - $645,000

3 Beds
1 Bath
2,016 Sq Ft
$272/Sq Ft Est. Value

Last Sold October 18, 2016

Last sale price $261,000 $129 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $3,245/month

Highlights

  • Barn
  • Deck
  • 2 Car Attached Garage
  • 75.7 Acre Lot
  • Wood Frame Window
  • Living Room

About This Home

As of October 2016

Classic farmhouse on an absolutely gorgeous 75.7 acres 5.3 miles east of Petoskey, just past Bills Farm Market. Mixture of open areas, slow slopes, and hill tops with beautiful woods and wildlife. Three bedroom, 1 bath home with large living room, family room, enclosed front porch and back deck overlooking backyard and beautiful vintage barn. You won't find this much acreage available, this close to town!

Last Agent to Sell the Property

Trish Hartwick

Coldwell Banker Schmidt - Petoskey Listed on: 07/21/2016

Coldwell Banker Schmidt - Petoskey

Last Buyer's Agent

Kimberly Kihnke

Bay North Realty Co. License #6501327283

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,977

Year Built

  • Built in 1900

Lot Details

  • 75.7 Acre Lot
  • Property is zoned FF2

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,016 Sq Ft Home
  • Wood Frame Window
  • Family Room
  • Living Room
  • Dining Room
  • Michigan Basement

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Septic System

Additional Features

  • Deck
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 14-20-06-100-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,977

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1900
  • Lvt Date: 07/25/2016
  • Measurement Source: Agent
  • Section: 6
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Features: Deck, Dishwasher, Dryer, Range, Washer
  • Total Finished Sq Ft: 2016
  • Master Bedroom: On Level: N/A
  • Bedroom 2: Dimensions: 12 x 12, On Level: Upper
  • Bedroom 3: Dimensions: 15 x 10, On Level: Upper
  • Bedroom 4: Dimensions: 19 x 10, On Level: Upper
  • Total Rooms: 7
  • Basement: Michigan
  • Dining Room: Dimensions: 12 x 12, On Level: Main
  • Kitchen: Dimensions: 11 x 12, On Level: Main
  • Family Room: Dimensions: 18 x 30, On Level: Main
  • Living Room: Dimensions: 12 x 30, On Level: Main
  • Above Grade Finished Sq Ft: 2016
  • Bathroom 1: Dimensions: full, On Level: Main
  • Bathroom 2: On Level: N/A
  • Number Of Bedrooms: 3
  • Full Bathrooms: 1
  • Rooms 1: Dimensions: 7x13 loft, On Level: Upper
  • Rooms 2: On Level: N/A
  • Windows: Wood Sash

Exterior Features

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

Garage/Parking

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

Utilities

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

Schools

  • School District: Petoskey

Lot Info

  • Estimated Number of Acres: 75.7
  • Zoning: FF2

Tax Info

  • Assessor Parcel Number: 14-20-06-100-003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2020
Sold by
Borowitz Mark
Bought by
Colburn Ashley Elizabeth and Ingalls Jeffrey Robert
Current Estimated Value
$547,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,000
Outstanding Balance
$249,935
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$297,417
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
Colburn Ashley Elizabeth $327,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colburn Ashley Elizabeth $281,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2016 10/18/16 Sold $261,000 -10.0% $129 / Sq Ft
09/11/2016 09/11/16 Pending -- -- --
07/21/2016 07/21/16 For Sale $289,900 -- $144 / 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 $3,977 $226,900 $8,500 $218,400
2024 $3,977 $210,300 $8,500 $201,800
2023 $3,661 $174,100 $6,100 $168,000
2022 $3,661 $141,000 $5,600 $135,400
2021 $3,531 $132,500 $132,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Trish Hartwick

    Seller's Agent in 2016

    Trish Hartwick

    Coldwell Banker Schmidt - Petoskey

    (231) 838-0411

    294 Total Sales

    Trish Hartwick
    Section Image
  • Kimberly Kihnke

    Buyer's Agent in 2016

    Kimberly Kihnke

    Bay North Realty Co.

    (231) 420-4468

    80 Total Sales

    Kimberly Kihnke
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 449179

Northern Michigan MLS

APN: 14-20-06-100-005

Michigan Emmet County Petoskey 49770

5721 E Mitchell Rd, Petoskey, MI

This home is located at 5721 E Mitchell Rd, Petoskey, MI 49770 since 21 July 2016 and is currently estimated at $547,352, approximately $271 per square foot. This property was built in 1900. 5721 E Mitchell Rd is a home located in Emmet County with nearby schools including Petoskey High School and St. Michael Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Michigan MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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