NOT LISTED FOR SALE

5971 Tamarack Ln Petoskey, MI 49770

Estimated Value: $2,135,452

3 Beds
2 Baths
2,200 Sq Ft
$971/Sq Ft Est. Value

Last Sold October 15, 2015

Last sale price $1,400,000 $636 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $13,690/month

Highlights

  • 189 Feet of Waterfront
  • 1 Car Detached Garage
  • Dining Room
  • Main Floor Primary Bedroom
  • Living Room

About This Home

As of October 2015

Nestled on Hoffman Point on Walloon Lake sits this ranch home with waterfront on each side, totaling 189 feet. Because of this unique feature, this allows for 2 docks, sunrises and sunsets, and endless opportunities to enjoy Walloon Lake. The home has 3 bedrooms, 2 full baths, and a detached garage. The large family room with a fireplace offers space and views of the lake for entertaining and relaxing. This is truly a unique Walloon property!

Last Agent to Sell the Property

Wally Kidd

Kidd & Leavy Real Estate Co. LLC Listed on: 06/12/2015

Last Buyer's Agent

Wally Kidd

Kidd & Leavy Real Estate Co. LLC Listed on: 06/12/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,890

Lot Details

  • 189 Feet of Waterfront

Parking

  • 1 Car Detached Garage

Home Design

  • Wood Frame Construction

Interior Spaces

  • 2,200 Sq Ft Home
  • Living Room
  • Dining Room
  • Water Views

Bedrooms and Bathrooms

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

Listing and Financial Details

  • Assessor Parcel Number 13-21-02-101-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,890

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Measurement Source: Owner
  • Section: 12
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 2200
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: N/A
  • Total Rooms: 7
  • 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: 2200
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A

Exterior Features

  • Construction: Wood Frame/Site Built
  • Lake: Walloon
  • Waterfront Frontage: 189
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Private Ownership

Garage/Parking

  • Garage Carport: Garage-Detached
  • Gar Car Capacity: One

Schools

  • School District: Petoskey

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 13-21-02-101-009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2015
Closed on
Oct 15, 2015
Sold by
Waterman Louise J and Mcbride Marie Hoffman
Bought by
Maus John G and Maus Ann K
Seller's Agent
Wally Kidd
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Wally Kidd
Kidd & Leavy Real Estate Co. LLC
List Price
$1,700,000
Sold Price
$1,400,000
Premium/Discount to List
-$300,000
-17.65%
Current Estimated Value
$2,135,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$735,452
Avg. Annual Appreciation
4.32%

Purchase Details

Listed on
Jun 12, 2015
Closed on
Oct 13, 2015
Sold by
Hoffman John and Edward J Hoffman Trust
Bought by
Waterman Louise J and Mcbride Marie Hoffman
Seller's Agent
Wally Kidd
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Wally Kidd
Kidd & Leavy Real Estate Co. LLC
List Price
$1,700,000
Sold Price
$1,400,000
Premium/Discount to List
-$300,000
-17.65%

Purchase Details

Closed on
Sep 30, 2004
Sold by
Hoffman Edward Ttee
Bought by
Hoffman Edward J Family Trust
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
Maus John G -- Cross Roads Title
Waterman Louise J -- None Available
Hoffman Edward J Family Trust -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2015 10/15/15 Sold $1,400,000 -17.6% $636 / Sq Ft
09/04/2015 09/04/15 Pending -- -- --
06/12/2015 06/12/15 For Sale $1,700,000 -- $773 / 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 $27,890 $1,013,200 $1,013,200 $0
2024 $27,890 $931,600 $931,600 $0
2023 $25,358 $822,100 $822,100 $0
2022 $25,358 $714,000 $714,000 $0
2021 $24,467 $723,100 $723,100 $0
2020 $24,102 $698,800 $698,800 $0
2019 -- $661,700 $661,700 $0
2018 -- $685,600 $685,600 $0
2017 -- $659,400 $659,400 $0
2016 -- $545,400 $545,400 $0
2015 -- $493,900 $0 $0
2014 -- $467,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wally Kidd

    Seller's Agent in 2015

    Wally Kidd

    Kidd & Leavy Real Estate Co. LLC

    (231) 838-2700

    171 Total Sales

    Wally Kidd
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Map

Source: Northern Michigan MLS

MLS Number: 444982

Northern Michigan MLS

APN: 13-21-02-101-009

Michigan Emmet County Petoskey 49770

5971 Tamarack Ln, Petoskey, MI

This home is located at 5971 Tamarack Ln, Petoskey, MI 49770 since 12 June 2015 and is currently estimated at $2,135,452, approximately $970 per square foot. 5971 Tamarack Ln 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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