NOT LISTED FOR SALE

709 Michigan St Petoskey, MI 49770

Estimated Value: $567,000 - $811,000

4 Beds
2 Baths
2,218 Sq Ft
$288/Sq Ft Est. Value

Last Sold January 25, 2023

Last sale price $275,000 $124 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $3,863/month

Highlights

  • Deck
  • Double Pane Windows
  • Shed
  • First Floor Utility Room
  • Living Room
  • Forced Air Heating System

About This Home

As of January 2023

Two units on one parcel just off of downtown Petoskey with ally access and plenty of space to enhance both the parcel and the structures. Home needs some TLC

Last Agent to Sell the Property

Michael MacCarthy

Gaslight Group Properties Listed on: 12/12/2022

Last Buyer's Agent

Jane Fisher

Gaslight Group Properties License #6501333848

Home Details

Home Type

  • Single Family

Lot Details

  • 7,449

Parking

  • Driveway

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,218 Sq Ft Home
  • Wood Burning Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Michigan Basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 52-19-05-176-016

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 01/26/2023
  • Measurement Source: Assessor
  • Section: 5
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Deck, Dishwasher, Garbage Disposal, Gas Fireplace, Paved Drive, Wood Fireplace
  • Total Finished Sq Ft: 2218
  • Master Bedroom: Dimensions: 12 x 12, On Level: Upper
  • Bedroom 2: Dimensions: 8 x 10, On Level: Upper
  • Bedroom 3: Dimensions: 8 x 12, On Level: Upper
  • Bedroom 4: On Level: N/A
  • Basement: Michigan
  • Dining Room: Dimensions: 10 x 10, On Level: Main
  • Kitchen: Dimensions: 12 x 10, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 15 x 15, On Level: Main
  • Above Grade Finished Sq Ft: 2218
  • Bathroom 1: Dimensions: Full, On Level: Upper
  • Bathroom 2: Dimensions: Full, On Level: Main
  • Number Of Bedrooms: 4
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Double

Exterior Features

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

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas, 40 Gal

Lot Info

  • Lot: Y
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 52-19-05-176-016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2022
Closed on
Jan 25, 2023
Sold by
Michelsen Rebecca
Bought by
Freed Max and Davis Jared
Seller's Agent
Michael MacCarthy
Gaslight Group Properties
Buyer's Agent
Jane Fisher
Gaslight Group Properties
List Price
$275,000
Sold Price
$275,000
Views
1
Current Estimated Value
$637,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,733
Avg. Annual Appreciation
33.12%
Original Mortgage
$365,125
Outstanding Balance
$353,627
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$284,106

Purchase Details

Closed on
Oct 6, 2011
Sold by
Braddock Brian J and Braddock Kathy J
Bought by
Michelsen Jason A

Purchase Details

Closed on
Apr 7, 2011
Sold by
Watts Tl
Bought by
Citimortgage Inc

Purchase Details

Closed on
Jul 9, 2008
Sold by
Barnett Kathleen A and Braddock Kathleen B
Bought by
Braddock Brian J

Purchase Details

Closed on
May 1, 1996
Bought by
Braddock Pta
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
Freed Max $275,000 --
Michelsen Jason A $123,900 --
Citimortgage Inc $89,900 --
Braddock Brian J -- --
Braddock Pta $124,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freed Max $365,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2023 01/25/23 Sold $275,000 0.0% $124 / Sq Ft
12/12/2022 12/12/22 Pending -- -- --
12/12/2022 12/12/22 For Sale $275,000 -- $124 / 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 $6,381 $258,500 $258,500 $0
2024 $6,381 $185,000 $185,000 $0
2023 $3,401 $170,000 $170,000 $0
2022 $3,401 $182,800 $182,800 $0
2021 $3,310 $152,200 $152,200 $0
2020 $3,347 $126,600 $126,600 $0
2019 -- $120,100 $120,100 $0
2018 -- $121,000 $121,000 $0
2017 -- $120,500 $120,500 $0
2016 -- $121,900 $121,900 $0
2015 -- $110,800 $0 $0
2014 -- $110,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 470303

Northern Michigan MLS

APN: 52-19-05-176-016