NOT LISTED FOR SALE

624 Franklin Estates Petoskey, MI 49770

Estimated Value: $12,000 - $346,000

0.78 Acre
$206,410 Price per Acre
33,977 Sq Ft Lot

Last Sold March 22, 2024

Last sale price $13,000

Est. 1,138% increase in value since last sale

Current estimated payment $912/month

2 Days on Market

About This Lot

As of March 2024

This home is located at 624 Franklin Estates, Petoskey, MI 49770 since 22 February 2024 and is currently estimated at $161,000. 624 Franklin Estates is a home located in Emmet County with nearby schools including Petoskey High School.

Last Listed By

Nate Grangood

Real Estate One Indian River Brokerage Phone: 231-238-2026 License #6501387838 Listed on: 02/22/2024

Real Estate One Indian River

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $110

Lot Details

  • Lot Dimensions are 230x150
  • Level Lot

Schools

  • Petoskey Elementary School
  • Petoskey High School

Community Details

  • Property has a Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$110

Lot Details

0

Listing Details

  • Electric: None
  • Directions: 31 N to Pickerel Lake Road East, to Franklin Estate Drive
  • Lot Size: 230x150
  • Open House Office I D: 20210315184223299556000000
  • Prop. Type: Land
  • OFFICELIST_STATE: MI
  • Building Style: BOCA Allowed
  • Attribution Contact: 231-238-2026
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Foreclosure: No
  • Basement Type: Vacant Lots

Exterior Features

  • Road: Gravel
  • Waterfront: No

Utilities

  • Sewer: No Septic
  • Hot Water: No Well
  • Gas Oil Well Etc: Unknown

Association/Amenities

  • TaxesAndPossessionAssociationDues: Yes

Schools

  • School District: Petoskey
  • Elementary School: Petoskey
  • High School: Petoskey
  • School District: Petoskey
  • Schools Elementary School: Petoskey
  • Schools High School: Petoskey
  • Elem School Dist Number: 624

Lot Info

  • Topography: Flat
  • Water Mineral Rights: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2025
Sold by
Spallinger Shawn D and Gilbert-Spallinger Anna M
Bought by
Williams Monica
Total Days on Market
2
Current Estimated Value
$161,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Outstanding Balance
$214,640
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
-$53,640

Purchase Details

Listed on
Feb 22, 2024
Closed on
Mar 22, 2024
Sold by
Pemberton Denise Louise and Kline Justin Michael
Bought by
Spallinger Shawn D and Gilbert Spallinger Anna
Seller's Agent
Nate Grangood
Real Estate One Indian River
List Price
$15,000
Sold Price
$13,000
Premium/Discount to List
-$2,000
-13.33%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
714.21%

Purchase Details

Closed on
Apr 9, 2021
Sold by
Wolf Julie A
Bought by
Pemberton Denise Louise and Kline Justin Michael
Source: Public Records

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Range of Values:

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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
Williams Monica $480,000 Talon Title Agency
Spallinger Shawn D $13,000 Fox Title Company
Pemberton Denise Louise $9,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Monica $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $13,000 -13.3% --
02/24/2024 02/24/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $15,000 -- --
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
2024 $110 $5,000 $5,000 $0
2023 $170 $4,500 $4,500 $0
2022 $170 $3,800 $3,800 $0
2021 $148 $3,300 $3,300 $0
2020 $147 $3,300 $3,300 $0
2019 -- $4,000 $4,000 $0
2018 -- $4,300 $4,300 $0
2017 -- $4,500 $4,500 $0
2016 -- $5,000 $5,000 $0
2015 -- $5,000 $0 $0
2014 -- $7,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2024

    Nate Grangood

    Real Estate One Indian River

    (231) 709-7153

    56 Total Sales

    Nate Grangood
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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 201828157

Water Wonderland Board of REALTORS®

APN: 14-17-33-451-109

Michigan Emmet County Petoskey 49770

624 Franklin Estates, Petoskey, MI

This home is located at 624 Franklin Estates, Petoskey, MI 49770 since 22 February 2024 and is currently estimated at $161,000. 624 Franklin Estates is a home located in Emmet County with nearby schools including Petoskey High School.

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