NOT LISTED FOR SALE

816 E Mitchell St Petoskey, MI 49770

Estimated Value: $980,869 - $1,757,000

4 Beds
3.5 Baths
4,649 Sq Ft
$282/Sq Ft Est. Value

Last Sold July 19, 2019

Last sale price $900,000 $194 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $7,681/month

Highlights

  • Spa
  • Radiant Floor
  • Wood Frame Window
  • Deck
  • Lower Floor Utility Room
  • 2 Car Detached Garage

About This Home

As of July 2019

Situated on an oversized lot with a private drive and fenced in yard, this downtown Petoskey home has been impeccably restored and offers today’s modern conveniences with yesterday’s architectural design. This 4 bedroom, 3.5 bath home has been completely renovated with no expense spared to accommodate today’s family while retaining the original charm. Step through the handcrafted wood front door to a beautiful staircase and spacious foyer. The home offers plenty of daylight throughout and features Carrera marble, hardwood flooring inset custom cabinetry, Wolf and Subzero appliances in its spacious kitchen. Original parlor rooms create cozy living spaces on the main level, with all restored original doors and hardware. The owners kept the butler’s staircase off the kitchen, which takes you to a true master suite with Carrera marble, inset cabinetry, in floor heat and a timeless touch. Two more bedrooms and a full bath can be found on the second level along with a unique living area that is perfect for kids/grandkids. The open second of set of stairs will take you to the third level where you will find some of the true character of the home with a “modern” attic feel, second suite with a full bath. The exposed brick of the original wood-burning fireplace, wood flooring in the upper landing area and unique shiplap leaves no area untouched. Come tour this beautiful restoration!

Last Agent to Sell the Property

Danielle Smith

Gaslight Group Properties Listed on: 07/17/2019

Last Buyer's Agent

Stephanie Jones

Kidd & Leavy Real Estate Co. LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,644

Year Built

  • Built in 1910

Lot Details

  • 9,104

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 4,649 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Thermal Windows
  • Low Emissivity Windows
  • Insulated Windows
  • Blinds
  • Wood Frame Window
  • Family Room
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Radiant Floor

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Spa
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 52-19-05-177-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,644

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1910
  • Lvt Date: 07/22/2019
  • Section: 5
  • Second Address Number: 816
  • Directions: Take 131 to East Mitchell Street
  • Price per Sq Ft: 193.59
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1910

Interior Features

  • Features: Built In Microwave, Cable, Ceiling Fans, Central Air, Deck, Dishwasher, Dryer, Garbage Disposal, Hot Tub, Mini Blinds, Paved Drive, Range, Refrigerator, Washer, Wood Fireplace, Wood Floors, Paved Road
  • Total Finished Sq Ft: 4649
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Total Rooms: 13
  • Basement: Full
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Main
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 3296
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Upper
  • Number Of Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Rooms 1: On Level: Upper
  • Rooms 2: On Level: Upper
  • Windows: Aluminum, Wood Sash, Thermo, Insulated, Low E

Exterior Features

  • Construction: Wood Frame/Site Built, Two Story +
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

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

Utilities

  • Heat Type: Natural Gas, Forced Air, In Floor Heating
  • Sewer: City
  • Water: City
  • Water Heater: Electric

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 52-19-05-177-002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2021
Sold by
Lychuk William M
Bought by
Lychuk William M And March Joan L Trust
Current Estimated Value
$1,312,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,675
Outstanding Balance
$222,679
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$1,090,277

Purchase Details

Listed on
Jul 17, 2019
Closed on
Jul 19, 2019
Sold by
Smith Cheyenne and Smith Danielle
Bought by
Lychuk William M and March Joan L
Seller's Agent
Danielle Smith
Gaslight Group Properties
Buyer's Agent
Stephanie Jones
Kidd & Leavy Real Estate Co. LLC
List Price
$900,000
Sold Price
$900,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$720,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2018
Sold by
Claude&Mary Fettig Ret
Bought by
Smith Cheyenne and Smith Danielle C

Purchase Details

Closed on
Sep 12, 2013
Sold by
Fenlon J Michael J and Fenlon Carol Sue
Bought by
Smith Cheyenne and Smith Danielle
Source: Public Records

Range of Values:

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Average Value
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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
Lychuk William M And March Joan L Trust -- --
Lychuk William M -- Attorneys Title
Smith Cheyenne -- --
Smith Cheyenne $260,000 Attorneys Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lychuk William M And March Joan L Trust $249,675
Previous Owner Lychuk William M $720,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2019 07/19/19 Sold $900,000 0.0% $194 / Sq Ft
07/17/2019 07/17/19 For Sale $900,000 -- $194 / Sq Ft
07/01/2019 07/01/19 Pending -- -- --
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 $8,644 $376,100 $376,100 $0
2024 $8,644 $301,500 $301,500 $0
2023 $7,928 $281,800 $281,800 $0
2022 $7,928 $257,500 $257,500 $0
2021 $7,715 $245,800 $245,800 $0
2020 $7,800 $217,000 $217,000 $0
2019 -- $152,500 $152,500 $0
2018 -- $130,900 $130,900 $0
2017 -- $129,200 $129,200 $0
2016 -- $130,700 $130,700 $0
2015 -- $119,200 $0 $0
2014 -- $119,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 459548

Northern Michigan MLS

APN: 52-19-05-177-002