NOT LISTED FOR SALE

7947 Jakes Run Petoskey, MI 49770

Estimated Value: $369,361 - $445,000

3 Beds
2 Baths
1,600 Sq Ft
$251/Sq Ft Est. Value

Last Sold March 24, 2020

Last sale price $203,000 $127 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,388/month

4 Days on Market

Highlights

  • Wood Flooring
  • First Floor Utility Room
  • 2 Car Attached Garage
  • Main Floor Primary Bedroom
  • Thermal Windows
  • Living Room

About This Home

As of March 2020

Great three bedroom, two bath home located in a fantastic neighborhood only minutes from downtown Petoskey. Features include main floor living, two car garage, gas fireplace, fenced in yard, large storage shed with a loft and a full basement that has tons of potential for additional living space or storage.

Last Agent to Sell the Property

Patrick Leavy

Kidd & Leavy Real Estate Co. LLC Listed on: 02/17/2020

Last Buyer's Agent

Atty Belanger

@properties Christie's International Real Estate - Petoskey

@properties Christie's International Real Estate - Petoskey

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,736

Year Built

  • Built in 2003

Lot Details

  • Lot Dimensions are 85x120
  • Property is zoned FF1

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Asphalt Shingled Roof
  • Modular or Manufactured Materials

Interior Spaces

  • 1,600 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Thermal Windows
  • Insulated Windows
  • Blinds
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Natural Gas Water Heater
  • Septic System
  • Cable TV Available

Community Details

  • Ridgewood Meadows Association

Listing and Financial Details

  • Assessor Parcel Number 14-20-09-130-113

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,736

Year Built

Built in 2003

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2003
  • Lvt Date: 02/17/2020
  • Section: 9
  • Survey: Y
  • Second Address Number: 7947
  • Directions: Mitchell Rd east to Ridgewood Meadows, Right on Owen, left on Jake's Run
  • Price per Sq Ft: 126.88
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2003

Interior Features

  • Features: Built In Microwave, Cable, Ceiling Fans, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace, Mini Blinds, Range, Refrigerator, Washer, Wood Floors
  • Total Finished Sq Ft: 1600
  • Master Bedroom: Dimensions: 12x15.5, On Level: Main
  • Bedroom 2: Dimensions: 9x12.5, On Level: Main
  • Bedroom 3: Dimensions: 12x12, On Level: Main
  • Bedroom 4: On Level: N/A
  • Total Rooms: 7
  • Basement: Full, Poured
  • Dining Room: Dimensions: Combined with living room, On Level: Main
  • Kitchen: Dimensions: 12x14, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 12x28, On Level: Main
  • Above Grade Finished Sq Ft: 1600
  • Bathroom 1: Dimensions: 8.5x13, On Level: Main
  • Bathroom 2: Dimensions: 6x8, On Level: Main
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Thermo, Insulated

Exterior Features

  • Construction: Modular-BOCA-Wood Frame
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

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

Utilities

  • Heat Type: Forced Air, LP Gas
  • Sewer: Septic
  • Water: Community
  • Water Heater: Natural Gas
  • Well Size Depth: Community

Condo/Co-op/Association

  • Association: Ridgewood Meadows
  • Association: Yes
  • Fees: $300

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 85x120
  • Lot: Y
  • Zoning: FF1

Tax Info

  • Assessor Parcel Number: 14-20-09-130-113

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2020
Closed on
Mar 24, 2020
Sold by
Thompson Breanna
Bought by
Machelski Adam Mark and Machelski Nicole
Seller's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Atty Belanger
@properties Christie's International Real Estate - Petoskey
List Price
$199,000
Sold Price
$203,000
Premium/Discount to List
$4,000
2.01%
Current Estimated Value
$401,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,120
Avg. Annual Appreciation
13.08%
Original Mortgage
$210,308
Outstanding Balance
$185,903
Interest Rate
3.4%
Mortgage Type
VA
Estimated Equity
$215,217

Purchase Details

Closed on
Aug 21, 2019
Sold by
Thompson Breanna
Bought by
Thompson Breanna and Rodwell Timothy J

Purchase Details

Closed on
May 13, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Thompson Breanna

Purchase Details

Closed on
Feb 25, 2010
Sold by
Watts Tl
Bought by
Deutsche Bank National Trust Company and Harborview Mortgage Loan Trust 2004-3

Purchase Details

Closed on
Jul 22, 2003
Bought by
Levalley Jason P and Fulcher Mindy A
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
Machelski Adam Mark -- --
Thompson Breanna -- --
Thompson Breanna $115,000 --
Deutsche Bank National Trust Company $97,750 --
Levalley Jason P $17,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Machelski Adam Mark $210,308
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2020 03/24/20 Sold $203,000 +2.0% $127 / Sq Ft
02/17/2020 02/17/20 For Sale $199,000 -- $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 $2,736 $153,600 $153,600 $0
2024 $2,736 $141,700 $141,700 $0
2023 $2,518 $117,300 $117,300 $0
2022 $2,518 $94,500 $94,500 $0
2021 $2,473 $92,800 $92,800 $0
2020 $1,744 $87,800 $87,800 $0
2019 -- $84,500 $84,500 $0
2018 -- $81,700 $81,700 $0
2017 -- $80,000 $80,000 $0
2016 -- $77,000 $77,000 $0
2015 -- $70,200 $0 $0
2014 -- $63,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patrick Leavy

    Seller's Agent in 2020

    Patrick Leavy

    Kidd & Leavy Real Estate Co. LLC

    (231) 881-6639

    384 Total Sales

    Patrick Leavy
    Section Image
  • Atty Belanger

    Buyer's Agent in 2020

    Atty Belanger

    @properties Christie's International Real Estate - Petoskey

    (231) 838-8184

    34 Total Sales

    Atty Belanger
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 461279

Northern Michigan MLS

APN: 14-20-09-130-113

Michigan Emmet County Petoskey 49770

7947 Jakes Run, Petoskey, MI

This home is located at 7947 Jakes Run, Petoskey, MI 49770 since 17 February 2020 and is currently estimated at $401,120, approximately $250 per square foot. This property was built in 2003. 7947 Jakes Run is a home located in Emmet County with nearby schools including Petoskey High 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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