NOT LISTED FOR SALE

5820 U S 131 Petoskey, MI 49770

Estimated Value: $344,000 - $425,000

5 Beds
3 Baths
2,400 Sq Ft
$166/Sq Ft Est. Value

Last Sold September 10, 2024

Last sale price $335,000 $140 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,297/month

53 Days on Market

Highlights

  • 2.83 Acre Lot
  • Main Floor Primary Bedroom
  • 1 Car Attached Garage
  • Deck
  • Lower Floor Utility Room
  • Living Room

About This Home

As of September 2024

Welcome to your dream home in Petoskey! This spacious 5-bedroom, 3-bathroom house sits on 2.83 acres, just 6 miles from downtown. The main floor features a master suite with its own full bath, two additional bedrooms, and another full bath. The walkout lower level includes two bedrooms with egress and a third full bath. Perfect for a large group, this home offers ample storage and an attached garage. Enjoy 400 sq. ft. of deck space overlooking the serene landscape. With 2400 sq. ft. of living space and TrueStream internet, this home combines rural charm with city convenience!

Last Agent to Sell the Property

Geno D'angelo

Real Broker Listed on: 07/19/2024

Real Broker

Last Buyer's Agent

Bill Gareiss

Keller Williams - Northern Michigan

Keller Williams - Northern Michigan

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,319

Year Built

  • Built in 2001

Lot Details

  • 2.83

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,400 Sq Ft Home
  • Ceiling Fan
  • Vinyl Clad Windows
  • Insulated Windows
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Lower Floor Utility Room

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 1 Car Attached Garage
  • Driveway

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Propane
  • Well
  • Propane Water Heater
  • Septic System

Additional Features

  • Deck
  • 2.83 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 01-19-32-300-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,319

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2001
  • Lvt Date: 07/19/2024
  • Section: 32
  • Second Address Number: 5820
  • Directions: U.S. 131 S. of Petoskey, just north ofCounty Line (Bear River Rd.)
  • Price per Sq Ft: 139.58
  • OFFICELIST_STATE: MI
  • Street Designation: Highway
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Features: Built In Microwave, Ceiling Fans, Deck, Dishwasher, Dryer, Paved Drive, Range, Refrigerator, Washer
  • Total Finished Sq Ft: 2400
  • Master Bedroom: Dimensions: 12.6 x 11.8, On Level: Main
  • Bedroom 2: Dimensions: 11.6 x 11, On Level: Main
  • Bedroom 3: Dimensions: 8 x 10, On Level: Main
  • Bedroom 4: Dimensions: 11 x 12, On Level: Lower
  • Total Rooms: 10
  • Basement: Full, Walkout, Finished
  • Dining Room: Dimensions: Combo, On Level: Main
  • Kitchen: Dimensions: 10 x 19.2, On Level: Main
  • Family Room: Dimensions: 11.5 x 24, On Level: Lower
  • Living Room: Dimensions: 18 x 12.5, On Level: Main
  • Above Grade Finished Sq Ft: 1248
  • Bathroom 1: Dimensions: 5 x 11, On Level: Main
  • Bathroom 2: Dimensions: 7.5 x 5, On Level: Main
  • Number Of Bedrooms: 5
  • Full Bathrooms: 3
  • Rooms 1: Dimensions: 11 x 12, On Level: Lower
  • Rooms 2: Dimensions: 11 x 12, On Level: Lower
  • Windows: Insulated, Vinyl

Exterior Features

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

Garage/Parking

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

Utilities

  • Heat Type: LP Gas, Hot Water Baseboard
  • Sewer: Septic
  • Water: Well
  • Water Heater: Propane

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Estimated Number of Acres: 2.83
  • Zoning: Res

Tax Info

  • Assessor Parcel Number: 01-19-32-300-020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2024
Closed on
Sep 10, 2024
Sold by
Woodworth Tiffany and Hibbard Tiffany
Bought by
Stankewitz Jacob H and Stankewitz Jacob Henry
Seller's Agent
Geno D'angelo
Real Broker
Buyer's Agent
Bill Gareiss
Keller Williams - Northern Michigan
List Price
$375,000
Sold Price
$335,000
Premium/Discount to List
-$40,000
-10.67%
Views
91
Current Estimated Value
$398,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,488
Avg. Annual Appreciation
18.55%
Original Mortgage
$330,736
Outstanding Balance
$327,666
Interest Rate
6.49%
Mortgage Type
FHA
Estimated Equity
$70,822

Purchase Details

Closed on
Nov 22, 2016
Sold by
Whalen Eric and Woodworth Tiffany
Bought by
Woodworth Tiffany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,040
Interest Rate
3.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2015
Sold by
Webb Andrea D and Webb Edward S
Bought by
Whalen Eric and Woodworth Tiffany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,959
Interest Rate
3.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2001
Sold by
Weburg Wallace C
Bought by
Webb Andrea D and Webb Edward S

Purchase Details

Closed on
Jul 27, 2000
Sold by
Stafford Burdette D and Stafford Lori A
Bought by
Weburg Wallace C and Weburg Suzanne E
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
Stankewitz Jacob H $335,000 Cislo Title Company
Woodworth Tiffany -- Lfc Title Service Inc
Whalen Eric $149,900 None Available
Webb Andrea D $137,000 --
Weburg Wallace C $24,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stankewitz Jacob H $330,736
Previous Owner Hibbard Tiffany Marie $177,000
Previous Owner Woodworth Tiffany $154,040
Previous Owner Whalen Eric $152,959
Previous Owner Webb Andrea D $126,620
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2024 09/10/24 Sold $335,000 -4.3% $140 / Sq Ft
07/29/2024 07/29/24 Price Changed $350,000 -6.7% $146 / Sq Ft
07/19/2024 07/19/24 For Sale $375,000 -- $156 / 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 $2,319 $166,100 $0 $166,100
2024 $2,319 $139,800 $0 $139,800
2023 $2,114 $114,800 $0 $114,800
2022 $2,114 $102,200 $0 $102,200
2021 $2,045 $100,800 $0 $100,800
2020 $2,007 $100,500 $0 $100,500
2019 $1,889 $97,100 $12,700 $84,400
2018 $1,844 $81,600 $12,700 $68,900
2017 -- $83,000 $12,700 $70,300
2016 -- $75,600 $12,700 $62,900
2015 -- $75,500 $0 $0
2014 -- $67,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Geno D'angelo

    Seller's Agent in 2024

    Geno D'angelo

    Real Broker

    (231) 330-4863

    12 in this area

    227 Total Sales

    Geno D'angelo
    Section Image

  • B

    Buyer's Agent in 2024

    Bill Gareiss

    Keller Williams - Northern Michigan

    (231) 947-8200

    1 in this area

    43 Total Sales

    Bill Gareiss
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 474390

Northern Michigan MLS

APN: 01-19-32-300-020

Michigan Emmet County Petoskey 49770

5820 U S 131, Petoskey, MI

This home is located at 5820 U S 131, Petoskey, MI 49770 since 19 July 2024 and is currently estimated at $398,488, approximately $166 per square foot. This property was built in 2001. 5820 U S 131 is a home located in Emmet County with nearby schools including Petoskey High School.

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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