NOT LISTED FOR SALE

703 State St Petoskey, MI 49770

Estimated Value: $411,853 - $539,000

3 Beds
1 Bath
1,600 Sq Ft
$300/Sq Ft Est. Value

Last Sold March 19, 2018

Last sale price $209,900 $131 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $2,914/month

3 Days on Market

Highlights

  • Wood Flooring
  • Wood Frame Window
  • Dining Room
  • First Floor Utility Room
  • Living Room
  • 4-minute walk to St Francis Xavier Playground

About This Home

As of March 2018

This adorable downtown Petoskey Victorian blends tradition with modern tastes. Meticulously maintained, this 3 bedroom, 1 bathroom home feels much newer than many of its neighborhood peers. The recently added front porch adds great curbside appeal, while the light and bright interior makes the home feel larger than its square footage. If you are seeking to strike a balance between in-town convenience and a newer home feel, this one is a must see. Properties like this are in short supply - see it today!

Last Agent to Sell the Property

Kyle Lieberman

Kidd & Leavy Real Estate Co. LLC Listed on: 02/05/2018

Last Buyer's Agent

Kyle Lieberman

Kidd & Leavy Real Estate Co. LLC Listed on: 02/05/2018

Home Details

Home Type

  • Single Family

Lot Details

  • 6,970

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,600 Sq Ft Home
  • Wood Burning Fireplace
  • Wood Frame Window
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 52-19-05-179-014

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 02/05/2018
  • Section: 5
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Cable, Dishwasher, Dryer, Range, Refrigerator, Washer, Wood Fireplace, Wood Floors
  • Total Finished Sq Ft: 1600
  • Master Bedroom: Dimensions: 12.8 x 14.3, On Level: Upper
  • Bedroom 2: Dimensions: 10.5 x 11.9, On Level: Upper
  • Bedroom 3: Dimensions: 11 x 13.9, On Level: Upper
  • Bedroom 4: On Level: N/A
  • Basement: Michigan, Full
  • Dining Room: Dimensions: 13 x 9.3, On Level: Main
  • Kitchen: Dimensions: 11.7 x 18.10, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 11.3 x 27, On Level: Main
  • Above Grade Finished Sq Ft: 1600
  • Bathroom 1: On Level: Upper
  • Bathroom 2: On Level: N/A
  • Number Of Bedrooms: 3
  • Full Bathrooms: 1
  • Rooms 1: Dimensions: 7.7 x 13.3, On Level: Main
  • Rooms 2: On Level: N/A
  • Windows: Wood Sash

Exterior Features

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

Utilities

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

Lot Info

  • Lot: Y
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 52-19-05-179-014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2018
Closed on
Mar 16, 2018
Sold by
Maginnis Jennifer A
Bought by
Gale Alina
Seller's Agent
Kyle Lieberman
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Kyle Lieberman
Kidd & Leavy Real Estate Co. LLC
List Price
$214,900
Sold Price
$209,900
Premium/Discount to List
-$5,000
-2.33%
Current Estimated Value
$501,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,559
Avg. Annual Appreciation
11.15%
Original Mortgage
$209,900
Outstanding Balance
$181,038
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$298,580

Purchase Details

Listed on
Dec 3, 2012
Closed on
Jul 15, 2013
Sold by
Malkowicz Janice M and Malkowicz Bruce Janice
Bought by
Maginnis Jennifer Ann
Seller's Agent
Jamie Kardosh
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Kyle Lieberman
Kidd & Leavy Real Estate Co. LLC
List Price
$139,000
Sold Price
$128,900
Premium/Discount to List
-$10,100
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.03%
Original Mortgage
$131,530
Interest Rate
4.49%

Purchase Details

Closed on
Feb 27, 2006
Sold by
Darooge Eric and Darooge Sara E
Bought by
Potter Janice M

Purchase Details

Closed on
Apr 30, 2003
Sold by
Krecow Barry A and Krecow Arlene
Bought by
Darooge Eric and Darooge Sara E

Purchase Details

Closed on
Mar 17, 2000
Sold by
Bielas Donald J
Bought by
Krecow Barry A and Krecow Arlene

Purchase Details

Closed on
Sep 1, 1986
Bought by
Bielas Rps
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
Gale Alina $209,900 --
Maginnis Jennifer Ann $128,900 --
Potter Janice M $185,500 --
Darooge Eric $176,500 --
Krecow Barry A $131,000 --
Bielas Rps $44,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gale Alina $209,900
Previous Owner Maginnis Jennifer Ann $131,530
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/19/2018 03/19/18 Sold $209,900 -2.3% $131 / Sq Ft
02/08/2018 02/08/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $214,900 +66.7% $134 / Sq Ft
07/23/2013 07/23/13 Sold $128,900 -7.3% $81 / Sq Ft View Prior Sale
01/28/2013 01/28/13 Pending -- -- --
12/03/2012 12/03/12 For Sale $139,000 -- $87 / 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 $3,489 $171,400 $171,400 $0
2024 $33 $144,900 $144,900 $0
2023 $3,200 $125,900 $125,900 $0
2022 $3,200 $119,000 $119,000 $0
2021 $3,114 $105,200 $105,200 $0
2020 $3,149 $87,600 $87,600 $0
2019 -- $86,000 $86,000 $0
2018 -- $77,400 $77,400 $0
2017 -- $76,300 $76,300 $0
2016 -- $73,100 $73,100 $0
2015 -- $68,400 $0 $0
2014 -- $60,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kyle Lieberman

    Seller's Agent in 2018

    Kyle Lieberman

    Kidd & Leavy Real Estate Co. LLC

    (231) 622-1535

    21 in this area

    49 Total Sales

    Kyle Lieberman
    Section Image
  • Jamie Kardosh

    Seller's Agent in 2013

    Jamie Kardosh

    Coldwell Banker Schmidt - Petoskey

    (231) 838-2095

    6 in this area

    26 Total Sales

    Jamie Kardosh
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 454132

Northern Michigan MLS

APN: 52-19-05-179-014

Michigan Emmet County Petoskey 49770

703 State St, Petoskey, MI

Not Listed for Sale

Detached

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