NOT LISTED FOR SALE

7989 Jakes Run Petoskey, MI 49770

Estimated Value: $415,613 - $467,000

4 Beds
3 Baths
2,480 Sq Ft
$178/Sq Ft Est. Value

Sale Details

Date Sold: February 14, 2019

Last sale price $193,000 $78 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $2,602 / mo

4 Days on Market

Highlights

  • Deck
  • First Floor Utility Room
  • Living Room
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • Forced Air Heating System

About This Home

As of February 2019

Well maintained ranch style home located about 7 miles east of downtown Petoskey. Home features an open floor plan, covered front porch, fenced in back yard, firepit, 2 car garage and a full finished basement finished with a third bathroom, fourth bedroom and large family room. Currently the ceiling in the lower level is not finished but drop ceiling could be easily installed.

Last Agent to Sell the Property

C.T. Shuman

Real Estate One Listed on: 12/31/2018

Real Estate One

Last Buyer's Agent

Gary Deters

Ashton Property Group License #6502407723

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Home Design

  • Asphalt Shingled Roof
  • Modular or Manufactured Materials

Interior Spaces

  • 2,480 Sq Ft Home
  • Gas Fireplace
  • Vinyl Clad Windows
  • Insulated Windows
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

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

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic System
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Ridgewood Meadows Association

Listing and Financial Details

  • Assessor Parcel Number 14-20-09-130-115

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2003
  • Lvt Date: 01/02/2019
  • Section: 9
  • Second Address Number: 7989
  • Directions: Mitchell Road east 6 miles from Petoskey. Ridgewood Meadows on the right hand side.
  • OFFICELIST_STATE: MI
  • Street Designation: Run
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2003

Interior Features

  • Features: Cable, Deck, Dishwasher, Gas Fireplace, Paved Drive, Range, Refrigerator
  • Total Finished Sq Ft: 2480
  • Master Bedroom: Dimensions: 15 x 12.2, On Level: Main
  • Bedroom 2: Dimensions: 11.11 x 12.4, On Level: Main
  • Bedroom 3: Dimensions: 8.9 x 12, On Level: Main
  • Bedroom 4: Dimensions: 11.4 x 23.10, On Level: Lower
  • Basement: Full, Finished
  • Dining Room: Dimensions: 10 x 11, On Level: Main
  • Kitchen: Dimensions: 12.2 x 12, On Level: Main
  • Family Room: Dimensions: 11.8 x 35.8, On Level: Lower
  • Living Room: Dimensions: 15.6 x 17.8, On Level: Main
  • Above Grade Finished Sq Ft: 1352
  • Bathroom 1: Dimensions: 6.8 x 9.5, On Level: Main
  • Bathroom 2: Dimensions: 5 x 9, On Level: Main
  • Number Of Bedrooms: 4
  • Full Bathrooms: 3
  • Rooms 1: Dimensions: 7 x 12, On Level: Lower
  • Rooms 2: On Level: N/A
  • Windows: Insulated, Vinyl

Exterior Features

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

Garage/Parking

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

Utilities

  • Heat Type: Forced Air, LP Gas
  • Sewer: Septic
  • Water: Well, Community
  • Water Heater: Electric, 52 Gal

Condo/Co-op/Association

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

Schools

  • School District: Petoskey

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 14-20-09-130-115

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2018
Closed on
Feb 14, 2019
Sold by
Olson Kreg E and Olson Angela L
Bought by
Young Jason and Young Rebecca
Seller's Agent
C.T. Shuman
Real Estate One
Buyer's Agent
Gary Deters
Ashton Property Group
List Price
$199,900
Sold Price
$193,000
Premium/Discount to List
-$6,900
-3.45%
Current Estimated Value
$435,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,637
Avg. Annual Appreciation
12.03%
Original Mortgage
$1,873,350
Outstanding Balance
$1,633,673
Interest Rate
4.5%
Estimated Equity
-$1,191,520

Purchase Details

Closed on
Jun 12, 2008
Sold by
Doss Joe and Doss Stephanie
Bought by
Olson Kreg E and Olson Angela L

Purchase Details

Closed on
Feb 28, 2007
Sold by
Olson Kreg E and Olson Angela L
Bought by
Doss Joe and Doss Stephanie

Purchase Details

Closed on
Jun 24, 2003
Sold by
Olson Kreg E
Bought by
Olson Kreg E and Olson Angela L

Purchase Details

Closed on
Mar 21, 2003
Bought by
Olson Kreg E
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Young Jason $193,000 --
Olson Kreg E -- --
Doss Joe $175,000 --
Olson Kreg E -- --
Olson Kreg E $15,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Young Jason $1,873,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2019 02/14/19 Sold $193,000 -3.5% $78 / Sq Ft
12/31/2018 12/31/18 For Sale $199,900 -- $81 / Sq Ft
Source: Northern Michigan MLS

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 $2,878 $159,900 $159,900 $0
2024 $12 $148,900 $148,900 $0
2023 $2,649 $123,300 $123,300 $0
2022 $2,649 $99,400 $99,400 $0
2021 $2,575 $97,600 $97,600 $0
2020 $2,502 $95,300 $95,300 $0
2019 -- $76,300 $76,300 $0
2018 -- $73,400 $73,400 $0
2017 -- $71,900 $71,900 $0
2016 -- $69,200 $69,200 $0
2015 -- $63,200 $0 $0
2014 -- $56,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C.T. Shuman

    Seller's Agent in 2019

    C.T. Shuman

    Real Estate One

    (231) 838-4200

    125 Total Sales

    C.T. Shuman
    Section Image
  • Gary Deters

    Buyer's Agent in 2019

    Gary Deters

    Ashton Property Group

    (231) 675-3263

    65 Total Sales

    Gary Deters
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 457417

Northern Michigan MLS

APN: 14-20-09-130-115

Michigan Emmet County Petoskey 49770

7989 Jakes Run, Petoskey, MI

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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