NOT LISTED FOR SALE

702 Karamol Ct Petoskey, MI 49770

Estimated Value: $518,824 - $661,000

3 Beds
2 Baths
2,010 Sq Ft
$283/Sq Ft Est. Value

Last Sold July 26, 2018

Last sale price $279,900 $139 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $3,485/month

Highlights

  • Second Garage
  • Deck
  • Main Floor Primary Bedroom
  • Sauna
  • Wood Flooring
  • 4 Car Attached Garage

About This Home

As of July 2018

Absolutely fabulous in-town home on an extremely private lot with mature plantings, an additional garage/studio, plus your own detached wood fired sauna annex.. These maintenance conscious sellers have maximized the potential of this property which is ideal for indoor/outdoor entertaining on a colossal private deck just off the dinning/kitchen area. The home features 3 bedrooms and 2 full baths on the main level and a large multipurpose room downstairs. This quiet circular court is isolated from the morning and afternoon school traffic yet it is connected to the Petoskey High School and Downtown Petoskey via the city's vast network of paved walking paths. Very unique property and priced to sell.

Last Agent to Sell the Property

Michael MacCarthy

Gaslight Group Properties Listed on: 05/16/2018

Last Buyer's Agent

Pete Platte

Gaslight Group Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,598

Lot Details

  • 0.42

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,010 Sq Ft Home
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Sauna
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Car Attached Garage
  • Second Garage
  • Driveway

Utilities

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

Additional Features

  • Deck
  • Sprinkler System

Listing and Financial Details

  • Assessor Parcel Number 52-19-05-251-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,598

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 05/18/2018
  • Section: 5
  • Second Address Number: 702
  • Directions: From the corner of Mitchell and Howard Streets travel East on Mitchel to Kalamazoo. South on Kalamazoo, left on Hoffman and Left on Karamol Court. Home is on the left.
  • Price per Sq Ft: 139.25
  • OFFICELIST_STATE: MI
  • Street Designation: Court
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Cable, Deck, Dishwasher, Dryer, Garbage Disposal, Paved Drive, Range, Refrigerator, Sauna, Sprinkler System, Washer, Wood Floors
  • Total Finished Sq Ft: 2010
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: N/A
  • Total Rooms: 8
  • Basement: Full, Walkout
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Lower
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 2010
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A

Exterior Features

  • Construction: Wood Frame/Site Built
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

  • Garage Carport: Garage-Attached
  • Gar Car Capacity: Four +

Utilities

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

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Zoning: RES

Tax Info

  • Assessor Parcel Number: 52-19-05-251-001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2020
Sold by
Mckinney Casey
Bought by
Pedersen Sarah and Pedersen Nathan
Current Estimated Value
$569,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,400
Outstanding Balance
$215,085
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$354,190

Purchase Details

Listed on
May 16, 2018
Closed on
Jul 26, 2018
Sold by
Morley Jonathan C and Morley Liisa K
Bought by
Mckinney Casey and Mckinney Holly
Seller's Agent
Michael MacCarthy
Gaslight Group Properties
Buyer's Agent
Pete Platte
Gaslight Group Properties
List Price
$289,900
Sold Price
$279,900
Premium/Discount to List
-$10,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.38%
Original Mortgage
$223,920
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2002
Sold by
Morley Jonathan C
Bought by
Morley Jonathan C and Morley Liisa K

Purchase Details

Closed on
Apr 30, 1999
Bought by
Morley Jonathan C

Purchase Details

Closed on
Mar 25, 1998
Sold by
Winter Kenneth Michael
Bought by
Winter Kenneth Michael Trust

Purchase Details

Closed on
Aug 1, 1994
Bought by
Winter

Purchase Details

Closed on
Jun 1, 1990
Bought by
Knoerl

Purchase Details

Closed on
Aug 1, 1984
Bought by
Jorgensen
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
Pedersen Sarah -- --
Mckinney Casey $279,900 --
Morley Jonathan C -- --
Morley Jonathan C $138,500 --
Winter Kenneth Michael Trust -- --
Winter -- --
Knoerl -- --
Jorgensen $46,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pedersen Sarah $242,400
Previous Owner Mckinney Casey $223,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2018 07/26/18 Sold $279,900 -3.4% $139 / Sq Ft
06/13/2018 06/13/18 Pending -- -- --
05/16/2018 05/16/18 For Sale $289,900 -- $144 / 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 $5,598 $231,000 $231,000 $0
2024 $5,598 $190,300 $190,300 $0
2023 $5,134 $171,700 $171,700 $0
2022 $5,134 $152,600 $152,600 $0
2021 $4,997 $142,500 $142,500 $0
2020 $4,320 $120,200 $120,200 $0
2019 -- $118,200 $118,200 $0
2018 -- $108,500 $108,500 $0
2017 -- $107,000 $107,000 $0
2016 -- $100,300 $100,300 $0
2015 -- $98,400 $0 $0
2014 -- $87,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael MacCarthy

    Seller's Agent in 2018

    Michael MacCarthy

    Gaslight Group Properties

    (231) 838-7700

    64 in this area

    188 Total Sales

    Michael MacCarthy
    Section Image
  • Pete Platte

    Buyer's Agent in 2018

    Pete Platte

    Gaslight Group Properties

    (231) 838-0935

    50 in this area

    98 Total Sales

    Pete Platte
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 455195

Northern Michigan MLS

APN: 52-19-05-251-001

Michigan Emmet County Petoskey 49770

702 Karamol Ct, Petoskey, MI

This home is located at 702 Karamol Ct, Petoskey, MI 49770 since 16 May 2018 and is currently estimated at $569,275, approximately $283 per square foot. 702 Karamol Ct is a home located in Emmet County with nearby schools including Petoskey High School, Petoskey Montessori Children's, and St. Francis Xavier 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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