NOT LISTED FOR SALE

700 Hillside #8 Dr Unit 8 Petoskey, MI 49770

Estimated Value: $238,000 - $260,000

2 Beds
1 Bath
750 Sq Ft
$220/ mo HOA Fee

Last Sold December 03, 2020

Last sale price $145,000 $193 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,699/month

45 Days on Market

Highlights

  • Deck
  • First Floor Utility Room
  • Brick or Stone Mason
  • Wood Flooring
  • Thermal Windows
  • Dining Room

About This Home

As of December 2020

One of the best Hillside of Petoskey Condos. This attractive 2-bedroom, 1 bath unit has been completely remodeled. The warmth of the bamboo flooring compliment the kitchen cabinets distressed in a dark hue. Granite counters, glass tiles and stainless appliances accentuate the cozy kitchen & creates a fresh decor. Open to the dining area and family room with shadow granite wall & covered deck. Master Bedroom with remodeled en-suite bath and walk in closet are down the hall from the second bedroom each with a slight seasonal peak of Little Traverse Bay. Private with a secure keypad entrance and convenient parking. Only few minutes from Downtown Petoskey, Bay Harbor or hop on Wheelway Trail by McLaren Hospital. This condo home is move-in ready.

Last Agent to Sell the Property

Sheela Welch

Coldwell Banker Schmidt - Petoskey Listed on: 09/01/2020

Coldwell Banker Schmidt - Petoskey

Last Buyer's Agent

Jane Fisher

Gaslight Group Properties License #6501333848

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1982

Lot Details

  • 1

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Brick or Stone Mason
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 750 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Vinyl Clad Windows
  • Insulated Windows
  • Blinds
  • Family Room on Second Floor
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Hillside Association

Listing and Financial Details

  • Assessor Parcel Number 52-18-01-401-108

Property Details

Home Type

Condominium

Year Built

Built in 1982

Lot Details

1 Acres

HOA Fees

$220 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1982
  • Lvt Date: 09/02/2020
  • Section: 1
  • S E V Yr: 54500/2020
  • Second Address Number: 700
  • Directions: Just off US 31/Charlevoix Ave, turn by "Then & Now Antique House" onto Hillside Drive. Center Building 1, 2nd level.
  • OFFICELIST_STATE: MI
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1982

Interior Features

  • Features: Built In Microwave, Cable, Deck, Dishwasher, Dryer, Garbage Disposal, Mini Blinds, Paved Drive, Range, Refrigerator, Washer, Wood Floors, Paved Road
  • Total Finished Sq Ft: 750
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Basement: Crawl
  • Dining Room: On Level: Upper
  • Kitchen: On Level: Upper
  • Family Room: On Level: Upper
  • Living Room: On Level: N/A
  • Above Grade Finished Sq Ft: 750
  • Bathroom 1: On Level: Upper
  • Bathroom 2: On Level: N/A
  • Number Of Bedrooms: 2
  • Full Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Thermo, Insulated, Vinyl

Exterior Features

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

Utilities

  • Heat Type: Natural Gas, Hot Water Baseboard
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Association: Hillside
  • Association: Yes
  • Condo: Yes
  • Fees: 220

Schools

  • School District: Petoskey

Lot Info

  • Estimated Number of Acres: 1
  • Zoning: COP B-3B

Tax Info

  • Assessor Parcel Number: 52-18-01-401-108

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2020
Closed on
Dec 3, 2020
Sold by
Drost Travis D
Bought by
Han Brandon P
Seller's Agent
Sheela Welch
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Jane Fisher
Gaslight Group Properties
List Price
$155,000
Sold Price
$145,000
Premium/Discount to List
-$10,000
-6.45%
Current Estimated Value
$252,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,848
Avg. Annual Appreciation
11.08%
Original Mortgage
$137,750
Outstanding Balance
$122,639
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$129,636

Purchase Details

Closed on
Nov 14, 2014
Bought by
Drost Travis D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,250
Interest Rate
3.97%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 23, 2005
Sold by
Roberts Paul B and Roberts Katherine E
Bought by
K & P Real Estate Investments Llc

Purchase Details

Closed on
Dec 1, 1998
Sold by
Villemure Joseph E and Villemure Rebecca A
Bought by
Verleger Richard D

Purchase Details

Closed on
Feb 20, 1998
Bought by
Villemure Joseph E and Villemure Rebecca A

Purchase Details

Closed on
Jul 1, 1993
Bought by
Cetas

Purchase Details

Closed on
Sep 1, 1987
Sold by
Nicholas Cash
Bought by
Winnell Rps

Purchase Details

Closed on
Jan 1, 1985
Bought by
Nicholas
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Han Brandon P $145,000 --
Drost Travis D $95,000 --
K & P Real Estate Investments Llc -- --
Roberts Paul B $90,000 --
Verleger Richard D $63,000 --
Villemure Joseph E $60,000 --
Cetas $55,000 --
Winnell Rps $52,000 --
Nicholas $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Han Brandon P $137,750
Previous Owner Drost Travis D $90,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2020 12/03/20 Sold $145,000 -2.7% $193 / Sq Ft
10/01/2020 10/01/20 Price Changed $149,000 -3.9% $199 / Sq Ft
09/01/2020 09/01/20 For Sale $155,000 -- $207 / Sq Ft
Source: Northern Michigan MLS

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 $2,141 $99,200 $99,200 $0
2024 $21 $88,000 $88,000 $0
2023 $1,963 $62,800 $62,800 $0
2022 $1,963 $58,000 $58,000 $0
2021 $1,911 $54,500 $54,500 $0
2020 $2,059 $54,500 $54,500 $0
2019 -- $53,200 $53,200 $0
2018 -- $39,300 $39,300 $0
2017 -- $39,600 $39,600 $0
2016 -- $35,800 $35,800 $0
2015 -- $35,400 $0 $0
2014 -- $31,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sheela Welch

    Seller's Agent in 2020

    Sheela Welch

    Coldwell Banker Schmidt - Petoskey

    (231) 838-2025

    7 in this area

    44 Total Sales

    Sheela Welch
    Section Image
  • Jane Fisher

    Buyer's Agent in 2020

    Jane Fisher

    Gaslight Group Properties

    (231) 409-8060

    50 in this area

    151 Total Sales

    Jane Fisher
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 463127

Northern Michigan MLS

APN: 52-18-01-401-108

Michigan Emmet County Petoskey 49770

700 Hillside #8 Dr Unit 8, Petoskey, MI

Not Listed for Sale

Condos

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