NOT LISTED FOR SALE

7198 E Mitchell Rd Petoskey, MI 49770

Estimated Value: $254,653 - $273,000

0.92 Acre
$288,642 Price per Acre
40,075 Sq Ft Lot

Last Sold June 15, 2023

Last sale price $211,000 $176 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,700/month

60 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Separate Outdoor Workshop
  • Mud Room
  • First Floor Utility Room
  • 2.5 Car Detached Garage

About This Lot

As of June 2023

This historic home started as the Epsilon schoolhouse in the 1890's until the 1950's.
Since then is has housed several lovely families who built many memories here. Located only 10 miles to the many attractions of downtown Petoskey. Master bedroom is on the main floor plus two open loft bedrooms (one nonconforming) with access via stairwell/pulldown ladder. Property is nice and open for gardening. Enjoy detached garage with your own workshop.
Land Contract terms available. All this makes it easy to own your own Up North home.

Last Agent to Sell the Property

MI Integrity Tea Melissa Brazier

COLDWELL BANKER SCHMIDT INDIAN RIVER Listed on: 04/07/2023

COLDWELL BANKER SCHMIDT INDIAN RIVER

Last Buyer's Agent

NON-MEMBER MLS

MLS NON-MEMBER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,444

Year Built

  • Built in 1896

Lot Details

  • Lot Dimensions are 166 x 233 x 160 x 241
  • Property is zoned FF-1

Home Design

  • Frame Construction
  • Wood Siding
  • Shingle Siding
  • Steel Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Mud Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Laminate Flooring
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener

Schools

  • Petoskey Elementary School
  • Petoskey High School

Utilities

  • Baseboard Heating
  • Well
  • Septic Tank
  • Septic System
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 14-20-08-200-001
  • Tax Block 8

Community Details

Overview

  • No Home Owners Association
  • T34n R4w Subdivision

Recreation

  • Patio
  • Separate Outdoor Workshop
  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$3,444

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Directions: From Downtown Petoskey, take E Mitchell Rd East for 6.8 miles. Home is on the south side near the intersection of Blanchard Rd and E Mitchell Rd.
  • Garage Yn: Yes
  • Lot Size: 166 x 233 x 160 x 241
  • Prop. Type: Residential
  • Bedroom 1 Level: 1st
  • Bedroom 2 Level: Upper
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • Year Built: 1896
  • PropertySubType: Residential Lot
  • Road Frontage Type: None
  • ResoLaundryFeatures: Main Level
  • Road Surface Type: Paved, Maintained
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Phone: 231-238-9336
  • MLS Status: Closed
  • Subdivision Name: T34N-R4W
  • Above Grade Finished Sq Ft: 1200.0
  • Architectural Style: 2+ Story
  • Contract Information:Short Sale: No
  • Property Information Waterfront: No
  • General Property Information Lot Size Dimensions: 166 x 233 x 160 x 241
  • Property Information Total Bathrooms2: 1.0
  • Property Information:Style2: 2+ Story
  • Property Information Construction: Frame
  • Water Well2: Yes
  • Sewer:Septic2: Yes
  • Appliances Equipmt Ceiling Fan: Yes
  • Appliances Equipmt Garage Door Opener2: Yes
  • Appliances Equipmt Microwave2: Yes
  • Appliances Equipmt RangeOven: Yes
  • Appliances Equipmt Water Heater: Electric
  • Laundry Main Level: Yes
  • Appliances Equipmt Blinds: Yes
  • Appliances Equipmt Curtain Rods: Yes
  • HeatingAir Baseboard2: Yes
  • HeatingAir Electric7: Yes
  • Exterior Wood3: Yes
  • Appliances Equipmt Drapes: Yes
  • Location Tax and Legal Zoning2: FF-1
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Interior Amenities: Blinds, Ceiling Fan, Curtain Rods, Drapes, Garage Door Opener, Microwave, Refrigerator, Range/Oven, Wood Laminate, 1st Flr Master Bdrm
  • Bedroom 3 Level: Upper
  • Utility Room Level: 1st
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Features 1st Flr Master Bdrm: Yes
  • BasementFoundation:Crawl: Yes
  • Other Rooms:Mud Room: Yes
  • Interior Features Smoke Detector2: Yes
  • Interior Features Wood Laminate: Yes
  • Interior Features Stacked WasherDryer: Yes

Exterior Features

  • Exterior Features: Cable TV, Patio/Porch, Satellite Dish, Shed, Workshop
  • Waterfront: No
  • Construction Type: Shingles, Steel Siding, Wood
  • Foundation Details: Crawl
  • Exterior Features PatioPorch: Yes
  • Exterior Features:Shed: Yes
  • Exterior Shingles: Yes
  • Exterior Features:Cable TV: Yes
  • Exterior Features Workshop: Yes
  • Exterior Steel2: Yes
  • Exterior Features:Satellite Dish: Yes

Garage/Parking

  • Property Information:Garage Stall2: 2.5
  • Property Information:Garage Type2: Detached/UN

Utilities

  • Sewer: Septic Tank
  • Heating: Baseboard, Electric
  • HeatingYN: Yes

Association/Amenities

  • TaxesAndPossessionAssociationDues: No

Schools

  • Schools Elementary School: Petoskey
  • Schools High School: Petoskey
  • Elementary School: Petoskey
  • Junior High Dist: Petoskey
  • High School: Petoskey

Lot Info

  • Zoning: FF-1
  • Parcel Number: 14-20-08-200-001

Tax Info

  • Tax Block: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2023
Closed on
Jun 15, 2023
Sold by
Epsilon Gateway Llc
Bought by
Farris Max Curry
Seller's Agent
MI Integrity Tea Melissa Brazier
COLDWELL BANKER SCHMIDT INDIAN RIVER
Buyer's Agent
NON-MEMBER MLS
MLS NON-MEMBER
List Price
$199,900
Sold Price
$211,000
Premium/Discount to List
$11,100
5.55%
Views
506
Current Estimated Value
$265,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,551
Avg. Annual Appreciation
10.47%
Original Mortgage
$213,831
Outstanding Balance
$208,113
Interest Rate
6.39%
Estimated Equity
$57,438

Purchase Details

Closed on
Mar 17, 2022
Sold by
Vance James J and Guelzo Denise D
Bought by
Epsilon Getaway Llc

Purchase Details

Closed on
Mar 20, 2019
Sold by
Vance Anita L and Vance Kenneth E
Bought by
Vance Anita L and Vance James J

Purchase Details

Closed on
Aug 1, 1981
Bought by
Vance Fam
Source: Public Records

Range of Values:

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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
Farris Max Curry $211,000 Talon Title Agency
Epsilon Getaway Llc -- --
Vance Anita L -- --
Vance Fam $1,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farris Max Curry $213,831
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2023 06/15/23 Sold $211,000 +5.6% $176 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
04/07/2023 04/07/23 For Sale $199,900 -- $167 / Sq Ft
Source: Water Wonderland Board of REALTORS®

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 $3,444 $83,500 $41,500 $42,000
2024 $3,444 $77,500 $77,500 $0
2023 $1,462 $51,500 $51,500 $0
2022 $1,462 $42,000 $42,000 $0
2021 $841 $41,100 $41,100 $0
2020 $817 $42,600 $42,600 $0
2019 -- $40,800 $40,800 $0
2018 -- $40,400 $40,400 $0
2017 -- $39,800 $39,800 $0
2016 -- $38,600 $38,600 $0
2015 -- $34,900 $0 $0
2014 -- $32,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Buyer's Agent in 2023

    NON-MEMBER MLS

    MLS NON-MEMBER

See All Agents

Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 201823250

Water Wonderland Board of REALTORS®

APN: 14-20-08-200-001

Michigan Emmet County Petoskey 49770

7198 E Mitchell Rd, Petoskey, MI

This home is located at 7198 E Mitchell Rd, Petoskey, MI 49770 since 07 April 2023 and is currently estimated at $265,551, approximately $221 per square foot. This property was built in 1896. 7198 E Mitchell Rd is a home located in Emmet County with nearby schools including Petoskey High School.

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