NOT LISTED FOR SALE

8037 Channel Rd Petoskey, MI 49770

Estimated Value: $1,335,000 - $3,505,205

5 Beds
4.5 Baths
5,350 Sq Ft
$386/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $800,000 $150 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $12,396/month

Highlights

  • 100 Feet of Waterfront
  • Wood Flooring
  • Living Room
  • Sauna
  • 2 Car Attached Garage
  • Dining Room

About This Home

As of September 2020

Entertain family and friends in the spacious home on Crooked Lake with 100 feet of frontage.

Last Agent to Sell the Property

David Shuman

Bay North Realty Co. Listed on: 02/07/2020

Last Buyer's Agent

David Shuman

Bay North Realty Co. Listed on: 02/07/2020

Home Details

Home Type

  • Single Family

Lot Details

  • Lot Dimensions are 100 x 240 x 101 x 221
  • 100 Feet of Waterfront

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction

Interior Spaces

  • 5,350 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Sauna
  • Wood Flooring
  • Water Views
  • Crawl Space

Kitchen

  • Range
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Natural Gas
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 14-17-21-300-012

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 09/15/2020
  • Section: 21
  • Second Address Number: 8037
  • Directions: Pickeral Lake Road to Channel Road to home on left
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dishwasher, Dryer, Garbage Disposal, Range, Refrigerator, Sauna, Trash Compactor, Washer, Wood Floors
  • Total Finished Sq Ft: 5350
  • Master Bedroom: Dimensions: 20 x 15.6, On Level: Upper
  • Bedroom 2: Dimensions: 14 x 12, On Level: Main
  • Bedroom 3: Dimensions: 24 x 17.4, On Level: Upper
  • Bedroom 4: Dimensions: 19 x 14, On Level: Upper
  • Basement: Crawl
  • Dining Room: Dimensions: 29.4 x 15.6, On Level: Main
  • Kitchen: Dimensions: 16.6 x 14.6, On Level: Main
  • Family Room: Dimensions: Combo with Dining, On Level: Main
  • Living Room: Dimensions: 20 x 15, On Level: Main
  • Above Grade Finished Sq Ft: 5350
  • Bathroom 1: Dimensions: 8.6 x 8, On Level: Main
  • Bathroom 2: Dimensions: 8.6 x 7.6, On Level: Upper
  • Number Of Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Rooms 1: Dimensions: 14 x 14, On Level: Upper
  • Rooms 2: Dimensions: 27 x 23.6, On Level: Main

Exterior Features

  • Construction: Wood Frame/Site Built
  • Lake: Crooked
  • Waterfront Frontage: 100
  • Waterfront Water Access: Water Front
  • Water View: Yes
  • Wf Wa Ownership Type: Deeded and Private Ownership

Garage/Parking

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

Utilities

  • Heat Type: Natural Gas, Hot Water Baseboard
  • Sewer: Septic
  • Water: Well

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 100 x 240 x 101 x 221
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 14-17-21-300-012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2020
Closed on
Sep 10, 2020
Sold by
Petoskey Property Group Llc
Bought by
Basel Scott D & Amy L Trust
Seller's Agent
David Shuman
Bay North Realty Co.
Buyer's Agent
David Shuman
Bay North Realty Co.
List Price
$800,000
Sold Price
$800,000
Current Estimated Value
$2,067,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,267,051
Avg. Annual Appreciation
19.70%
Original Mortgage
$640,000
Outstanding Balance
$567,958
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,499,093

Purchase Details

Listed on
Aug 23, 2017
Closed on
Dec 14, 2017
Sold by
Corteville David Christian-Moore
Bought by
Petoskey Property Group Llc
Seller's Agent
Karen Petrimoulx
Coldwell Banker Fairbairn Realty
Buyer's Agent
David Shuman
Bay North Realty Co.
List Price
$725,000
Sold Price
$700,000
Premium/Discount to List
-$25,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.76%

Purchase Details

Listed on
Aug 23, 2017
Closed on
Oct 30, 2017
Sold by
Freeman William K and Freeman Nancy M
Bought by
Christian-Moore David
Seller's Agent
Karen Petrimoulx
Coldwell Banker Fairbairn Realty
Buyer's Agent
David Shuman
Bay North Realty Co.
List Price
$725,000
Sold Price
$700,000
Premium/Discount to List
-$25,000
-3.45%

Purchase Details

Closed on
Nov 18, 1998
Sold by
Hoggard Daniel E and Hoggard Titsworth P
Bought by
Freeman William K and Freeman Nancy M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Basel Scott D & Amy L Trust $800,000 --
Petoskey Property Group Llc -- Attorneys Title Agency
Christian-Moore David -- Attorneys Title Agency
Freeman William K $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Basel Scott D & Amy L Trust $640,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/11/2020 09/11/20 Sold $800,000 0.0% $150 / Sq Ft
02/07/2020 02/07/20 Pending -- -- --
02/07/2020 02/07/20 For Sale $800,000 +14.3% $150 / Sq Ft
10/30/2017 10/30/17 Sold $700,000 -3.4% $131 / Sq Ft View Prior Sale
09/17/2017 09/17/17 Pending -- -- --
08/23/2017 08/23/17 For Sale $725,000 -- $136 / 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 $18,413 $804,600 $804,600 $0
2024 $18,413 $723,200 $723,200 $0
2023 $16,847 $504,300 $504,300 $0
2022 $16,847 $375,800 $375,800 $0
2021 $16,776 $374,200 $374,200 $0
2020 $15,090 $359,900 $359,900 $0
2019 -- $363,500 $363,500 $0
2018 -- $325,500 $325,500 $0
2017 -- $290,000 $290,000 $0
2016 -- $279,900 $279,900 $0
2015 -- $259,700 $0 $0
2014 -- $239,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Shuman

    Seller's Agent in 2020

    David Shuman

    Bay North Realty Co.

    (231) 622-3235

    157 Total Sales

    David Shuman
    Section Image

  • K

    Seller's Agent in 2017

    Karen Petrimoulx

    Coldwell Banker Fairbairn Realty

    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 463265

Northern Michigan MLS

APN: 14-17-21-300-012

Michigan Emmet County Petoskey 49770

8037 Channel Rd, Petoskey, MI

Not Listed for Sale

Detached

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