NOT LISTED FOR SALE

5950 E Mitchell Rd Petoskey, MI 49770

Estimated Value: $426,726 - $522,000

14.35 Acres
$34,070 Price per Acre
625,086 Sq Ft Lot

Last Sold January 15, 2021

Last sale price $288,000 $115 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,903/month

33 Days on Market

Highlights

  • Main Floor Bedroom
  • 2.5 Car Attached Garage
  • Dining Room
  • Lower Floor Utility Room
  • Living Room
  • Baseboard Heating

About This Lot

As of January 2021

Just 5 miles from downtown Petoskey, this 4 bedroom home as been beautifully updated with new light fixtures, vinyl flooring, stairs, trim, and stainless steel kitchen appliances. With a finished walkout basement, you will find a great amount of space for entertaining friends or relaxing with your family! This 14+ acre property connects to state land and is conveniently located near snowmobile and mountain biking trails. The front yard has been recently re-seeded to allow for new grass growth.

Last Agent to Sell the Property

Zac Lejeune

The Geno D'Angelo Group License #6501403523 Listed on: 10/30/2020

Co-Listed By

Geno D'Angelo

The Geno D'Angelo Group License #6502419715

Last Buyer's Agent

John Russell

MLS NON-MEMBER License #6501369517

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,608

Year Built

  • Built in 1990

Lot Details

  • 14.35 Acre Lot
  • Hunting Land

Parking

  • 2.5 Car Attached Garage

Home Design

  • Frame Construction
  • Shingle Siding

Interior Spaces

  • 2,500 Sq Ft Home
  • Multi-Level Property
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Laundry on lower level
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Utilities

  • Baseboard Heating
  • Well
  • Septic Tank
  • Septic System

Community Details

  • T34n, R4w Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14-20-06-300-006
  • Tax Block 6

Property Details

Property Type

Land

Est. Annual Taxes

$3,608

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Directions: Take Mitchell Street to E Mitchell Road House on the right.
  • Garage Yn: Yes
  • Lot Size: 14.35 acres
  • Prop. Type: Residential
  • Bedroom 1 Level: 1st
  • Bedroom 2 Level: 1st
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • Year Built: 1990
  • PropertySubType: Residential Lot
  • Road Frontage Type: None
  • ResoLaundryFeatures: Lower Level
  • Lot Size Acres: 14.35
  • Road Surface Type: Paved, Maintained
  • NAV29_Unit_1_Appliances: Range/Oven, Refrigerator, Dishwasher
  • Co List Office Phone: 231-487-6141
  • MLS Status: Closed
  • Subdivision Name: T34N, R4W
  • Above Grade Finished Sq Ft: 1352.0
  • Architectural Style: Multi-Level
  • Contract Information:Short Sale: No
  • Property Information Waterfront: No
  • General Property Information Lot Size Dimensions: 14.35 acres
  • Property Information Total Bathrooms2: 3.0
  • Property Information:Style2: Multi-Level
  • Property Information Construction: Frame
  • Water Well2: Yes
  • Sewer:Septic2: Yes
  • Foundation Basement2: Yes
  • Appliances Equipmt Dishwasher2: Yes
  • Appliances Equipmt RangeOven: Yes
  • HeatingAir Propane3: Yes
  • General Property Information:Acres: 14.35
  • HeatingAir Baseboard2: Yes
  • Basement Specifics Walkout: Yes
  • LaundryLaundryLowerLevel: Yes
  • Basement Specifics Full-Finished: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Basement: Finished, Walk-Out Access
  • BasementSpecificsBasementSize: 1148
  • Bedroom 3 Level: 1st
  • Bedroom 4 Level: lower
  • Family Room Level: lower
  • Utility Room Level: lower
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Exterior Features: Hunting Prop
  • Waterfront: No
  • Foundation Details: Basement
  • Exterior Shingles: Yes

Garage/Parking

  • Property Information:Garage Stall2: 2.5
  • Property Information:Garage Type2: Attached/UN

Utilities

  • Sewer: Septic Tank
  • Heating: Baseboard, Propane
  • HeatingYN: Yes

Schools

  • Junior High Dist: Petoskey

Lot Info

  • Lot Size Sq Ft: 625086.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: 14-20-06-300-006

Tax Info

  • Tax Block: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2020
Closed on
Jan 15, 2021
Sold by
Leech Travis
Bought by
Riley Rebecca
Seller's Agent
Zac Lejeune
The Geno D'Angelo Group
Buyer's Agent
John Russell
MLS NON-MEMBER
Sold Price
$288,000
Current Estimated Value
$488,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,909
Avg. Annual Appreciation
11.86%
Original Mortgage
$259,200
Outstanding Balance
$231,174
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$257,735

Purchase Details

Listed on
Jul 1, 2018
Closed on
Aug 14, 2018
Sold by
Dulin Carl and Dulon Nancy M
Bought by
Leech Travis
Seller's Agent
Nancy McFadden
Gaslight Group Properties
Buyer's Agent
Zac Lejeune
Gaslight Group Properties
List Price
$237,900
Sold Price
$238,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.20%
Original Mortgage
$230,860
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 1990
Sold by
Angove Wd L554 P448
Bought by
Dulin Pta and Dulin Rps
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
Riley Rebecca $288,000 --
Leech Travis $238,000 --
Dulin Pta $18,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riley Rebecca $259,200
Previous Owner Leech Travis $230,860
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/15/2021 01/15/21 Sold $288,000 +21.0% $115 / Sq Ft
12/02/2020 12/02/20 Pending -- -- --
08/14/2018 08/14/18 Sold $238,000 0.0% $95 / Sq Ft View Prior Sale
07/01/2018 07/01/18 For Sale $237,900 -- $95 / Sq Ft
Source: Water Wonderland Board of REALTORS®

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 $3,608 $198,100 $32,900 $165,200
2024 $3,608 $176,300 $32,900 $143,400
2023 $3,321 $144,800 $23,800 $121,000
2022 $3,321 $124,600 $21,600 $103,000
2021 $2,811 $115,100 $20,800 $94,300
2020 $2,731 $112,800 $20,800 $92,000
2019 -- $102,100 $102,100 $0
2018 -- $97,500 $97,500 $0
2017 -- $87,300 $87,300 $0
2016 -- $84,600 $84,600 $0
2015 -- $78,000 $0 $0
2014 -- $74,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2021

    Zac Lejeune

    The Geno D'Angelo Group

    Section Image

  • G

    Seller Co-Listing Agent in 2021

    Geno D'Angelo

    The Geno D'Angelo Group

  • J

    Buyer's Agent in 2021

    John Russell

    MLS NON-MEMBER

  • Nancy McFadden

    Seller's Agent in 2018

    Nancy McFadden

    Gaslight Group Properties

    (231) 838-4501

    83 Total Sales

    Nancy McFadden
    Section Image
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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 326586

Water Wonderland Board of REALTORS®

APN: 14-20-06-300-006

Michigan Emmet County Petoskey 49770

5950 E Mitchell Rd, Petoskey, MI

This home is located at 5950 E Mitchell Rd, Petoskey, MI 49770 since 30 October 2020 and is currently estimated at $488,909, approximately $195 per square foot. This property was built in 1990. 5950 E Mitchell Rd is a home located in Emmet County with nearby schools including Petoskey High School.

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