NOT LISTED FOR SALE

672 Franklin Estates Petoskey, MI 49770

Estimated Value: $278,000 - $393,000

3 Beds
2 Baths
1,296 Sq Ft
$266/Sq Ft Est. Value

Last Sold September 11, 2020

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

Est. 77% increase in value since last sale

Current estimated payment $2,125/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

Est. Annual Taxes

  • $2,982

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

Est. Annual Taxes

$2,982

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 08/04/2020
  • Measurement Source: Builder
  • Section: 33
  • 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
  • Total Rooms: 9
  • 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
$344,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,874
Avg. Annual Appreciation
12.91%
Original Mortgage
$101,000
Outstanding Balance
$90,037
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$266,970

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:

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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
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 Change Sq Ft Price
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

    40 Total Sales

    Jeff Patton
    Section Image
  • Michael MacCarthy

    Buyer's Agent in 2020

    Michael MacCarthy

    Gaslight Group Properties

    (231) 838-7700

    192 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

This home is located at 672 Franklin Estates, Petoskey, MI 49770 since 04 August 2020 and is currently estimated at $344,874, approximately $266 per square foot. 672 Franklin Estates 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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