NOT LISTED FOR SALE

7541 Newson Rd Petoskey, MI 49770

Estimated Value: $341,000 - $393,599

4 Beds
2 Baths
2,280 Sq Ft
$158/Sq Ft Est. Value

Last Sold September 04, 2015

Last sale price $129,900 $57 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $2,020/month

110 Days on Market

Highlights

  • 330 Feet of Waterfront
  • Main Floor Primary Bedroom
  • Snowmobile Trail
  • Deck
  • First Floor Utility Room
  • 2 Car Attached Garage

About This Home

As of September 2015

Peaceful and Private. Well maintained 4 bedroom, 2 bath ranch on 6.2 acres, with 330 feet of frontage on the Minnehaha Creek. This home features a nice size kitchen with newer appliances, large family room and a 2 car attached garage. Lots of wildlife to be found on the 10 acres.

Last Agent to Sell the Property

Bob Simpson

Coldwell Banker Schmidt - Boyne City Listed on: 03/27/2015

Coldwell Banker Schmidt - Boyne City

Last Buyer's Agent

Non member Emmet

Emmet Association of Realtors

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 6.2 Acre Lot
  • 330 Feet of Waterfront
  • Creek or Stream

Parking

  • 2 Car Attached Garage

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 2,280 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Blinds
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic System

Community Details

  • Snowmobile Trail

Listing and Financial Details

  • Assessor Parcel Number 24-14-20-20-400-019

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2003
  • Section: 20
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2003

Interior Features

  • Features: Ceiling Fans, Deck, Dishwasher, Dryer, Mini Blinds, Range, Refrigerator, Washer, Wood Fireplace, Near Snowmobile Trails, Stream/Creek
  • Total Finished Sq Ft: 2280
  • Master Bedroom: Dimensions: 14 x 13, On Level: Main
  • Bedroom 2: Dimensions: 11 x 10, On Level: Main
  • Bedroom 3: Dimensions: 11 x 11, On Level: Main
  • Bedroom 4: Dimensions: 11 x 9.6, On Level: Main
  • Basement: Crawl
  • Dining Room: Dimensions: 9 x 14, On Level: Main
  • Kitchen: Dimensions: 16 x 14, On Level: Main
  • Family Room: Dimensions: 29 x 14, On Level: Main
  • Living Room: Dimensions: 14.6 x 20, On Level: Main
  • Above Grade Finished Sq Ft: 2280
  • Bathroom 1: Dimensions: 10 x 9.6, On Level: Main
  • Bathroom 2: Dimensions: 5 x 9, On Level: Main
  • Number Of Bedrooms: 4
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Insulated

Exterior Features

  • Construction: Man.-HUD-Steel Fr. & Titl
  • Roof: Asphalt Shingle
  • Waterfront Frontage: 330
  • Waterfront Water Access: Water Front
  • Wf Wa Ownership Type: Deeded and Private Ownership

Garage/Parking

  • Garage Carport: Garage-Attached
  • Gar Car Capacity: Two

Utilities

  • Heat Type: LP Gas
  • Sewer: Septic
  • Water: Well
  • Water Heater: Electric

Lot Info

  • Estimated Number of Acres: 6.2
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 24-14-20-20-400-019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2015
Closed on
Sep 1, 2015
Sold by
Lubbers Andrew J and Lubbers Grace E
Bought by
Epley Mike W
Seller's Agent
Bob Simpson
Coldwell Banker Schmidt - Boyne City
Buyer's Agent
Non member Emmet
Emmet Association of Realtors
List Price
$134,900
Sold Price
$129,900
Premium/Discount to List
-$5,000
-3.71%
Current Estimated Value
$351,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,899
Avg. Annual Appreciation
10.37%
Original Mortgage
$116,100
Outstanding Balance
$91,158
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$270,042

Purchase Details

Listed on
Mar 27, 2015
Closed on
Aug 31, 2015
Sold by
Lubbers Jerome H and Lubbers Marie
Bought by
Lubbers Andrew J and Lubbers Grace E
Seller's Agent
Bob Simpson
Coldwell Banker Schmidt - Boyne City
Buyer's Agent
Non member Emmet
Emmet Association of Realtors
List Price
$134,900
Sold Price
$129,900
Premium/Discount to List
-$5,000
-3.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,100
Outstanding Balance
$91,158
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$270,042

Purchase Details

Closed on
Feb 17, 2011
Sold by
Secretary Of Housing And Urban Developme
Bought by
Lubbers Jerome H and Lubbers Marie

Purchase Details

Closed on
Aug 10, 2010
Sold by
Bac Home Loans Lp
Bought by
The Secretary Of Housing And Urban Devel

Purchase Details

Closed on
May 13, 2010
Sold by
Watts Tl
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
Apr 9, 2003
Sold by
Dunshee Hershel and Dunshee Arlene
Bought by
Dunshee Clint and Dunshee Kristi
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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Purchase History

Date Buyer Sale Price Title Company
Epley Mike W $129,900 Attorneys Title Agency Llc
Lubbers Andrew J $100,000 Attorneys Title Agency Llc
Lubbers Jerome H $60,400 --
The Secretary Of Housing And Urban Devel -- --
Bac Home Loans Servicing Lp $155,323 --
Dunshee Clint -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Epley Mike W $116,100
Closed Lubbers Andrew J $116,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2015 09/04/15 Sold $129,900 -3.7% $57 / Sq Ft
07/15/2015 07/15/15 Pending -- -- --
03/27/2015 03/27/15 For Sale $134,900 -- $59 / 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 $2,181 $160,000 $0 $160,000
2024 $9 $119,000 $0 $119,000
2023 $2,007 $108,500 $0 $108,500
2022 $2,007 $107,600 $0 $107,600
2021 $1,943 $109,100 $0 $109,100
2020 $1,888 $82,100 $0 $82,100
2019 -- $72,500 $13,900 $58,600
2018 -- $72,600 $13,900 $58,700
2017 -- $67,500 $13,900 $53,600
2016 -- $67,400 $13,900 $53,500
2015 -- $56,700 $0 $0
2014 -- $49,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 443656

Northern Michigan MLS

APN: 14-20-20-400-019