NOT LISTED FOR SALE

5846 E Mitchell Rd Petoskey, MI 49770

Estimated Value: $538,000 - $781,000

3 Beds
2.5 Baths
1,814 Sq Ft
$369/Sq Ft Est. Value

Last Sold November 27, 2019

Last sale price $320,000 $176 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $3,652/month

119 Days on Market

Highlights

  • Barn
  • Main Floor Primary Bedroom
  • 4 Car Detached Garage
  • Cathedral Ceiling
  • Lower Floor Utility Room
  • Living Room

About This Home

As of November 2019

Intriguing property located four miles east of the city of Petoskey. The original 3 bedrooms, 2.5 bathrooms was renovated. Additional property improvements include detached garage with a workshop and guest quarters. In addition, there are three storage sheds, porch, gazebo and patio areas, as well as a fireplace. Enjoy the privacy of the 6 acres. The proximity to Petoskey and its amenities is a bonus.

Last Agent to Sell the Property

Matthew Tamm

Kidd & Leavy Real Estate Co. LLC Listed on: 07/01/2019

Last Buyer's Agent

Matthew Tamm

Kidd & Leavy Real Estate Co. LLC Listed on: 07/01/2019

Home Details

Home Type

  • Single Family

Lot Details

  • 6

Parking

  • 4 Car Detached Garage

Home Design

  • Slab Foundation
  • Metal Roof
  • Log Siding

Interior Spaces

  • 1,814 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Utilities

  • Hot Water Baseboard Heater
  • Well
  • Septic System

Additional Features

  • Shed
  • 6 Acre Lot
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 14-20-06-300-011

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 07/06/2019
  • Section: 6
  • Second Address Number: 5846
  • Directions: East on Mitchell, approximately 1 mile past Bill's Farm Market, on the right.
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Cathedral Ceilings, Ceiling Fans, Dryer, Gas Fireplace, Range, Refrigerator, Washer
  • Total Finished Sq Ft: 1814
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: N/A
  • Basement: Slab
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: N/A
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 1814
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Upper
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A

Exterior Features

  • Construction: Log, Two Story +
  • Roof: Metal
  • Waterfront Water Access: Neither

Garage/Parking

  • Garage Carport: Garage-Detached
  • Gar Car Capacity: Four +

Utilities

  • Heat Type: Hot Water Baseboard
  • Sewer: Septic
  • Water: Well

Schools

  • School District: Petoskey

Lot Info

  • Estimated Number of Acres: 6
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 14-20-06-300-011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2019
Closed on
Nov 27, 2019
Sold by
Thomson Kim
Bought by
Nowak Mark Anthony and Nowak Lisbeth Doris
Seller's Agent
Matthew Tamm
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Matthew Tamm
Kidd & Leavy Real Estate Co. LLC
List Price
$355,000
Sold Price
$320,000
Premium/Discount to List
-$35,000
-9.86%
Current Estimated Value
$654,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,246
Avg. Annual Appreciation
12.89%
Original Mortgage
$304,000
Outstanding Balance
$266,514
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$403,001

Purchase Details

Closed on
Mar 22, 2000
Sold by
Burk William and Burk Alice
Bought by
Thomson Kim and Thomson Karen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nowak Mark Anthony -- --
Thomson Kim $137,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nowak Mark Anthony $304,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2019 11/27/19 Sold $320,000 -3.0% $176 / Sq Ft
10/17/2019 10/17/19 Price Changed $330,000 -5.4% $182 / Sq Ft
09/18/2019 09/18/19 Price Changed $349,000 -1.7% $192 / Sq Ft
07/01/2019 07/01/19 For Sale $355,000 -- $196 / 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 $2,690 $295,600 $295,600 $0
2024 $2,690 $270,000 $270,000 $0
2023 $2,476 $223,200 $223,200 $0
2022 $2,476 $92,900 $92,900 $0
2021 $2,408 $90,700 $90,700 $0
2020 $3,959 $89,100 $89,100 $0
2019 -- $84,000 $84,000 $0
2018 -- $80,800 $80,800 $0
2017 -- $78,200 $78,200 $0
2016 -- $75,700 $75,700 $0
2015 -- $70,000 $0 $0
2014 -- $67,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matthew Tamm

    Seller's Agent in 2019

    Matthew Tamm

    Kidd & Leavy Real Estate Co. LLC

    (231) 838-4188

    62 Total Sales

    Matthew Tamm
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Map

Source: Northern Michigan MLS

MLS Number: 459312

Northern Michigan MLS

APN: 14-20-06-300-011

Michigan Emmet County Petoskey 49770

5846 E Mitchell Rd, Petoskey, MI

Not Listed for Sale

Detached

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