NOT LISTED FOR SALE

802 Petoskey St Petoskey, MI 49770

Estimated Value: $292,000 - $373,000

-- Bed
-- Bath
2,178 Sq Ft
$154/Sq Ft Est. Value

Last Sold February 12, 2016

Last sale price $129,500 $59 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $2,239/month

183 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • 4-minute walk to Bear River Park

About This Home

As of February 2016

3 unit rental with 2 car garage and off street parking.

Last Listed By

Ethan Swiger

Real Estate One Listed on: 07/28/2015

Real Estate One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,376

Lot Details

  • 10,542

Home Design

  • Triplex
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,178 Sq Ft Home
  • Blinds
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Range

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 1 Separate Electric Meter

Listing and Financial Details

  • Assessor Parcel Number 52-19-06-426-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,376

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Multifamily
  • Type 2: Triplex
  • Lvt Date: 02/15/2016
  • Section: 6
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Features: Cable, Dryer, Mini Blinds, Range, Refrigerator, Washer, Wood Floors
  • Basement: Full
  • Total Sq Ft: 2178
  • Above Grade Finished Sq Ft: 2178

Exterior Features

  • Construction: Wood Frame
  • Roof: Asphalt Shingles
  • Waterfront Water Access: Neither

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: City
  • Water: City
  • Number Electric Meters: 1

Schools

  • School District: Petoskey

Lot Info

  • Zoning: B-3

Tax Info

  • Assessor Parcel Number: 52-19-06-426-002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2015
Closed on
Feb 12, 2016
Sold by
Henagan Investment Company Llc
Bought by
B&S Rental Llc
Seller's Agent
Ethan Swiger
Real Estate One
Buyer's Agent
Ethan Swiger
Real Estate One
List Price
$142,000
Sold Price
$129,500
Premium/Discount to List
-$12,500
-8.8%
Total Days on Market
183
Current Estimated Value
$336,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,904
Original Mortgage
$97,125
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 2006
Sold by
Henagan William
Bought by
Henagan Investment Company Llc

Purchase Details

Closed on
Dec 5, 2003
Bought by
Ludlow Brian J and Ludlow Marie

Range of Values:

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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
B&S Rental Llc $129,500 Talon Title Agency
Henagan Investment Company Llc $133,500 --
Henagan William $133,500 --
Ludlow Brian J $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open B & S Rental Llc $2,268,390
Closed B&S Rental Llc $97,125
Previous Owner William K Henagan Investment Co Llc $121,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2016 02/12/16 Sold $129,500 -8.8% $59 / Sq Ft
01/27/2016 01/27/16 Pending -- -- --
07/28/2015 07/28/15 For Sale $142,000 -- $65 / 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
2024 $4,376 $138,000 $138,000 $0
2023 $3,985 $110,800 $110,800 $0
2022 $3,985 $104,300 $104,300 $0
2021 $3,871 $93,800 $93,800 $0
2020 $3,881 $72,100 $72,100 $0
2019 -- $70,600 $70,600 $0
2018 -- $69,800 $69,800 $0
2017 -- $75,900 $75,900 $0
2016 -- $68,100 $68,100 $0
2015 -- $65,700 $0 $0
2014 -- $60,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 447156

Northern Michigan MLS

APN: 52-19-06-426-002