NOT LISTED FOR SALE

620 Michigan St Petoskey, MI 49770

Estimated Value: $289,000 - $479,000

3 Beds
2 Baths
1,850 Sq Ft
$219/Sq Ft Est. Value

Last Sold May 10, 2016

Last sale price $167,000 $90 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $2,460/month

202 Days on Market

Highlights

  • Wood Flooring
  • First Floor Utility Room
  • Forced Air Heating System
  • Main Floor Primary Bedroom
  • Living Room
  • 3-minute walk to St Francis Xavier Playground

About This Home

As of May 2016

Great in-town Petoskey location. Walk to everything that this town has to offer from this 1,850 sq ft three bedroom, two bath newly remodeled home. Updates include- a new roof, electrical, doors & windows, siding, soffits, facia, furnace, hot water heater, wood flooring, plumbing inside and new underground sewer & incoming water supply lines all the way to the street connections. City of Petoskey approval to build a garage. Some interior trim work still needed. Majority of the trim has been purchased.

Last Agent to Sell the Property

John Russell

Kidd & Leavy Real Estate Co. LLC Listed on: 08/26/2015

Last Buyer's Agent

John Russell

Kidd & Leavy Real Estate Co. LLC Listed on: 08/26/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,975

Lot Details

  • 6,055

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,850 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring
  • Michigan Basement
  • Range

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 52-19-05-100-048

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,975

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Measurement Source: Appraiser
  • Section: 5
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Cable, Ceiling Fans, Dryer, Range, Refrigerator, Washer, Wood Floors, Paved Road
  • Total Finished Sq Ft: 1850
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: N/A
  • Total Rooms: 11
  • Basement: Michigan
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Main
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 1850
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Upper
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Insulated

Exterior Features

  • Construction: Wood Frame/Site Built, Two Story +
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas

Schools

  • School District: Petoskey

Lot Info

  • Lot: y
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 52-19-05-100-048

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2015
Closed on
May 6, 2016
Sold by
Jarman Bene R and Wagner Rene R
Bought by
Zegerius Rachel
Seller's Agent
John Russell
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
John Russell
Kidd & Leavy Real Estate Co. LLC
List Price
$189,000
Sold Price
$167,000
Premium/Discount to List
-$22,000
-11.64%
Current Estimated Value
$405,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,892
Avg. Annual Appreciation
10.04%
Original Mortgage
$163,975
Outstanding Balance
$131,070
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$274,822

Purchase Details

Closed on
Sep 1, 1994
Bought by
Wagner 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
Zegerius Rachel -- Crossroads Title
Wagner Rps $46,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zegerius Rachel $163,975
Previous Owner Jarman Rene R $122,849
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2016 05/10/16 Sold $167,000 -11.6% $90 / Sq Ft
03/15/2016 03/15/16 Pending -- -- --
08/26/2015 08/26/15 For Sale $189,000 -- $102 / 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 $2,975 $142,700 $142,700 $0
2024 $2,975 $123,500 $123,500 $0
2023 $1,787 $103,900 $103,900 $0
2022 $1,787 $98,900 $98,900 $0
2021 $1,739 $84,500 $84,500 $0
2020 $1,758 $65,500 $65,500 $0
2019 -- $64,200 $64,200 $0
2018 -- $64,400 $64,400 $0
2017 -- $60,000 $60,000 $0
2016 -- $53,700 $53,700 $0
2015 -- $51,600 $0 $0
2014 -- $46,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Russell

    Seller's Agent in 2016

    John Russell

    Kidd & Leavy Real Estate Co. LLC

    (231) 838-4667

    12 in this area

    76 Total Sales

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Map

Source: Northern Michigan MLS

MLS Number: 445983

Northern Michigan MLS

APN: 52-19-05-100-048

Michigan Emmet County Petoskey 49770

620 Michigan St, Petoskey, MI

This home is located at 620 Michigan St, Petoskey, MI 49770 since 26 August 2015 and is currently estimated at $405,892, approximately $219 per square foot. 620 Michigan St is a home located in Emmet County with nearby schools including Petoskey High School, St. Francis Xavier School, and Petoskey Montessori Children's.

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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