$950,000
SOLD SEP 8, 2014

6246 Lake Grove Rd Petoskey, MI 49770

3 Beds
1 Bath
900 Sq Ft
0.85 Acres

Recently Sold

$1,056 Per Sq Ft

24% Below List Price

792 Days on Market

Highlights

  • 118 Feet of Waterfront
  • Main Floor Primary Bedroom
  • Wood Frame Window
  • Guest House
  • First Floor Utility Room
  • 1 Car Attached Garage

About This Home

As of September 2016

120 feet of Walloon Lake waterfront with hard packed sand on the prized Lake Grove Road. Main cottage features three bedrooms, one bath, attached garage and covered lakeside porch. A rare opportunity with an additional cozy guest cottage with one bedroom, one bath, and loft. This home is approved for the construction of a new 4 bedroom house and provides for the 2 current bedrooms that are in the guest house.

Last Agent to Sell the Property

Wally Kidd

Kidd & Leavy Real Estate Co. LLC Listed on: 04/24/2012

Last Buyer's Agent

Wally Kidd

Kidd & Leavy Real Estate Co. LLC Listed on: 04/24/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $65,969

Parking

  • 1 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 900 Sq Ft Home
  • Wood Burning Fireplace
  • Wood Frame Window
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Water Views
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Electric Baseboard Heater
  • Well
  • Septic System

Additional Features

  • 118 Feet of Waterfront
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 13-21-02-326-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$65,969

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Measurement Source: Owner
  • Section: 2
  • Survey: Y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Range, Refrigerator, Wood Fireplace
  • Total Finished Sq Ft: 900
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: N/A
  • Total Rooms: 6
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Main
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 900
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: N/A
  • Number Of Bedrooms: 3
  • Full Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Wood Sash

Exterior Features

  • Construction: Wood Frame/Site Built
  • Lake: Walloon
  • Roof: Asphalt Shingle
  • Waterfront Frontage: 118
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Private Ownership

Garage/Parking

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

Utilities

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

Schools

  • School District: Petoskey

Lot Info

  • Zoning: residential

Tax Info

  • Assessor Parcel Number: 13-21-02-326-001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2015
Closed on
Sep 27, 2016
Sold by
Labelle Barton W
Bought by
Benson Jewel P and Jewel P Benson Trust
Seller's Agent
Wally Kidd
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
List Price
$1,190,000
Sold Price
$1,120,000
Premium/Discount to List
-$70,000
-5.88%
Current Estimated Value
$1,542,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$422,115
Avg. Annual Appreciation
7.09%

Purchase Details

Closed on
Sep 1, 1984
Sold by
Boyd Wd L385 P425-7
Bought by
Blunden
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Crossroads
Deed $139,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $404,000 No Value Available
Previous Owner $319,000 No Value Available
Previous Owner $417,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2016 09/30/16 Sold $1,120,000 -5.9% --
09/15/2016 09/15/16 Pending -- -- --
07/09/2015 07/09/15 For Sale $1,190,000 +25.3% --
09/08/2014 09/08/14 Sold $950,000 -24.0% $1,056 / Sq Ft
06/25/2014 06/25/14 Pending -- -- --
04/24/2012 04/24/12 For Sale $1,250,000 -- $1,389 / 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 $65,969 $2,422,500 $2,422,500 $0
2024 $65,969 $2,316,700 $2,316,700 $0
2023 $59,980 $2,155,700 $2,155,700 $0
2022 $59,980 $1,646,200 $1,646,200 $0
2021 $57,872 $1,516,300 $1,516,300 $0
2020 $57,010 $1,426,800 $1,426,800 $0
2019 -- $1,402,600 $1,402,600 $0
2018 -- $1,429,000 $1,429,000 $0
2017 -- $722,700 $722,700 $0
2016 -- $447,600 $447,600 $0
2015 -- $398,200 $0 $0
2014 -- $415,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 433843

Northern Michigan MLS

APN: 13-21-02-326-001