NOT LISTED FOR SALE

5803 Walloon Meadows Cir Unit 7 & 8 Petoskey, MI 49770

Estimated Value: $620,000 - $677,000

4 Beds
3.5 Baths
2,960 Sq Ft
$217/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $467,000 $158 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,015/month

Highlights

  • Deck
  • Lower Floor Utility Room
  • 2 Car Attached Garage
  • Cathedral Ceiling
  • Thermal Windows
  • Patio

About This Home

As of February 2022

Charming home built in 2005. Features hardwood floors, fireplace and custom built in. Spacious kitchen with some stainless steel appliances. 9 foot ceilings on the main floor. Main floor washer and dryer hookup. New carpet on the 2nd floor. Lovely master suite with two walk-in closets complete with custom cabinetry. Enjoy a walk-out lower level with a family room and nice bedroom with ensuite bath. Perfect for guest. Outside you will love the privacy, brick fire pit and country views. There is a storage shed. This home is being sold with an extra lot. Walloon Meadows is a very well maintained neighborhood with underground utilities including natural gas and internet. Immediate Occupancy. No showings until Saturday, January 15, 2022 Highest and best will be Tuesday, January 18, 2022 at 5 pm

Last Agent to Sell the Property

Carol Fay

Coldwell Banker Schmidt - Petoskey Listed on: 01/08/2022

Coldwell Banker Schmidt - Petoskey

Last Buyer's Agent

Carol Fay

Coldwell Banker Schmidt - Petoskey Listed on: 01/08/2022

Coldwell Banker Schmidt - Petoskey

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,049

Year Built

  • Built in 2005

Lot Details

  • 0.84

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,960 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Thermal Windows
  • Insulated Windows
  • Blinds
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Lower Floor Utility Room

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Shed

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Septic System
  • Cable TV Available

Community Details

  • Walloon Meadows Of Petoskey Association

Listing and Financial Details

  • Assessor Parcel Number 13-18-17-450-107/108

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,049

Year Built

Built in 2005

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2005
  • Lvt Date: 01/12/2022
  • Measurement Source: Owner
  • Section: 17
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Features: Built In Microwave, Cable, Cathedral Ceilings, Ceiling Fans, Central Air, Deck, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace, Mini Blinds, Patio, Paved Drive, Range, Refrigerator, Washer
  • Total Finished Sq Ft: 2960
  • Master Bedroom: Dimensions: 17 x 14.4, On Level: Upper
  • Bedroom 2: Dimensions: 11 x 10.1, On Level: Upper
  • Bedroom 3: Dimensions: 11 x 12.1, On Level: Upper
  • Bedroom 4: Dimensions: 11.2 x 13.1, On Level: Lower
  • Total Rooms: 8
  • Basement: Full, Walkout, Finished
  • Dining Room: Dimensions: 12.7 x 9.4, On Level: Main
  • Kitchen: Dimensions: 22.2 x 11, On Level: Main
  • Family Room: Dimensions: 20.5 x 16.3, On Level: Lower
  • Living Room: Dimensions: 17.7 x 13.5, On Level: Main
  • Above Grade Finished Sq Ft: 2000
  • Bathroom 1: Dimensions: 8 x 8.3, On Level: Upper
  • Bathroom 2: Dimensions: 5 x 8.7, On Level: Upper
  • Number Of Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Rooms 1: Dimensions: bath 5.7 x 4.8, On Level: Main
  • Rooms 2: Dimensions: bath 9.3 x 5, On Level: Lower
  • Windows: Thermo, Insulated

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: Natural Gas
  • Sewer: Septic
  • Water: Well
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Association: Walloon Meadows of Petoskey
  • Association: Yes
  • Fees: 1200

Schools

  • School District: Petoskey

Lot Info

  • Lot: y
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 13-18-17-450-107/108

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2022
Closed on
Feb 18, 2022
Sold by
Knitter David S
Bought by
Peabody Gregg N and Peabody Lisa A
Seller's Agent
Carol Fay
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Carol Fay
Coldwell Banker Schmidt - Petoskey
List Price
$425,000
Sold Price
$467,000
Premium/Discount to List
$42,000
9.88%
Current Estimated Value
$643,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,336
Avg. Annual Appreciation
8.81%

Purchase Details

Closed on
Aug 16, 2019
Sold by
Deyoung Zachariah M and Deyoung Karen M
Bought by
Knitter David S and Potts Lindsay A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2005
Bought by
Greenside Development Llc

Purchase Details

Closed on
Sep 14, 2001
Bought by
Pve, Llc
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
Peabody Gregg N $467,000 --
Knitter David S -- Crossroads Title
Greenside Development Llc -- --
Pve, Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Knitter David S $256,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $467,000 +9.9% $158 / Sq Ft
01/08/2022 01/08/22 For Sale $425,000 -- $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 $6,049 $271,600 $271,600 $0
2024 $6,049 $260,800 $260,800 $0
2023 $3,893 $253,900 $253,900 $0
2022 $3,893 $192,000 $192,000 $0
2021 $3,747 $161,800 $161,800 $0
2020 $3,633 $157,200 $157,200 $0
2019 -- $108,000 $108,000 $0
2018 -- $108,000 $108,000 $0
2017 -- $99,200 $99,200 $0
2016 -- $96,700 $96,700 $0
2015 -- $86,900 $0 $0
2014 -- $78,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 467221

Northern Michigan MLS

APN: 13-18-17-450-107