NOT LISTED FOR SALE

672 Franklin Estates Petoskey, MI 49770

Estimated Value: $378,000 - $549,000

3 Beds
2 Baths
1,296 Sq Ft
$337/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $195,000 $150 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $2,530/month

Highlights

  • First Floor Utility Room
  • Living Room
  • Dining Room
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of September 2020

Designed for first floor living, this newly constructed, three-bedroom, two bath home sits on 3/4 acre wooded lot just east of Petoskey. Features include a first-floor master bedroom with attached bath, open floor plan and nine-foot ceiling throughout. Energy efficient design with highly efficiency HVAC system, low E-glass, high R-value insulation and energy-efficient appliances. Attached, 24' x 24' two-car garage with 16' door and pedestrian door to be completed.Call for a showing today!

Last Agent to Sell the Property

Jeff Patton

Coldwell Banker Schmidt - Petoskey Listed on: 08/04/2020

Coldwell Banker Schmidt - Petoskey

Last Buyer's Agent

Michael MacCarthy

Gaslight Group Properties

Home Details

Home Type

  • Single Family

Parking

  • 2 Car Attached Garage

Home Design

  • Asphalt Shingled Roof
  • Modular or Manufactured Materials

Interior Spaces

  • 1,296 Sq Ft Home
  • 1-Story Property
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Insulated Windows
  • Blinds
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Crawl Space

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Heating System Uses Propane
  • Well
  • Septic System
  • Cable TV Available

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 14-17-33-451-113

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 08/04/2020
  • Section: 33
  • Second Address Number: 672
  • Directions: East on Pickerel Lake Road, North on Franklin Estates, home is around the curve on your right.
  • OFFICELIST_STATE: MI
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Built In Microwave, Cable, Dishwasher, Dryer, Garbage Disposal, Mini Blinds, Range, Refrigerator, Washer
  • Total Finished Sq Ft: 1296
  • Master Bedroom: Dimensions: 11'10X12'8, On Level: Main
  • Bedroom 2: Dimensions: 8'6X12'8, On Level: Main
  • Bedroom 3: Dimensions: 8'6X10'3, On Level: Main
  • Bedroom 4: On Level: N/A
  • Basement: Crawl
  • Dining Room: Dimensions: 8'3X12'8, On Level: Main
  • Kitchen: Dimensions: 12'1X12'8, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 18'9X12'8, On Level: Main
  • Above Grade Finished Sq Ft: 1296
  • Bathroom 1: Dimensions: 6X12'8, On Level: Main
  • Bathroom 2: Dimensions: 5X9, On Level: Main
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Insulated, Vinyl, Low E

Exterior Features

  • Construction: Modular-BOCA-Wood Frame, One Story
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

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

Utilities

  • Heat Type: LP Gas
  • Sewer: Septic
  • Water: Well

Condo/Co-op/Association

  • Association: Yes

Schools

  • School District: Petoskey

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 14-17-33-451-113

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2020
Closed on
Sep 11, 2020
Sold by
Jm & S Property Llc
Bought by
Griffin George and Barbara
Seller's Agent
Jeff Patton
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Michael MacCarthy
Gaslight Group Properties
List Price
$225,000
Sold Price
$195,000
Premium/Discount to List
-$30,000
-13.33%
Current Estimated Value
$436,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,567
Avg. Annual Appreciation
16.36%
Original Mortgage
$101,000
Outstanding Balance
$89,631
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$346,936

Purchase Details

Closed on
Feb 21, 2020
Sold by
Weiss Family Llp
Bought by
Jm & S Property Llc

Purchase Details

Closed on
Apr 5, 2017
Sold by
Keller William M and Keller Tonia Lee
Bought by
Weiss Family Llp

Purchase Details

Closed on
Feb 24, 2012
Sold by
Keller Franklin R
Bought by
Keller William M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Griffin George $195,000 --
Jm & S Property Llc -- --
Weiss Family Llp $18,000 Attorneys Title Agency Llc
Keller William M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffin George $101,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2020 09/11/20 Sold $195,000 -13.3% $150 / Sq Ft
08/04/2020 08/04/20 For Sale $225,000 -- $174 / 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 $2,982 $160,500 $160,500 $0
2024 $2,982 $148,400 $148,400 $0
2023 $2,745 $122,900 $122,900 $0
2022 $2,745 $103,000 $103,000 $0
2021 $2,665 $100,000 $100,000 $0
2020 $87 $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

  • Jeff Patton

    Seller's Agent in 2020

    Jeff Patton

    Coldwell Banker Schmidt - Petoskey

    (231) 881-9019

    33 Total Sales

    Jeff Patton
    Section Image
  • Michael MacCarthy

    Buyer's Agent in 2020

    Michael MacCarthy

    Gaslight Group Properties

    (231) 838-7700

    179 Total Sales

    Michael MacCarthy
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 462841

Northern Michigan MLS

APN: 14-17-33-451-113

Michigan Emmet County Petoskey 49770

672 Franklin Estates, Petoskey, MI

Not Listed for Sale

Detached

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