NOT LISTED FOR SALE

819 Emmet St Petoskey, MI 49770

Estimated Value: $239,082 - $333,000

3 Beds
2 Baths
1,594 Sq Ft
$184/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $161,000 $101 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,883/month

Highlights

  • Wood Flooring
  • Patio
  • 2-minute walk to Bear River Park
  • Wood Frame Window
  • Forced Air Heating System

About This Home

As of November 2020

LIMITED SHOWINGS OCT. 29 & 30 ONLY! Here's a great downtown fully occupied, duplex investment property. Freshly painted on the exterior and with a new roof just this Fall 2020. This rental has a 2br/1ba on the main floor with a 1br/1ba upstairs. The main floor unit had many updates summer 2020 including fresh paint, refinished original hardwood floors, new oven/range and kitchen flooring plus a new hot water heater in 2019. Off street parking and a nice back yard with a garden area and storage area to boot. Just a block away to Tom and Dick's Grocery plus a very convenient location to the Bear River recreation area, downtown walkway and waterfront parks including the Wheelway. Currently fully occupied so please give 48 hour notice for showings.

Last Agent to Sell the Property

Kimberly Kihnke

Bay North Realty Co. License #6501327283 Listed on: 10/23/2020

Last Buyer's Agent

Kimberly Kihnke

Bay North Realty Co. License #6501327283 Listed on: 10/23/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,335

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x130

Home Design

  • Duplex
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,594 Sq Ft Home
  • Wood Frame Window
  • Wood Flooring
  • Michigan Basement
  • Range

Utilities

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

Additional Features

  • Patio
  • Ground Level

Community Details

  • 2 Units
  • 1 Separate Electric Meter

Listing and Financial Details

  • Assessor Parcel Number 52-19-06-426-022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,335

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Multifamily
  • Type 2: Duplex
  • Lvt Date: 10/27/2020
  • Section: 6
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Features: Cable, Range, Refrigerator, Wood Floors, Paved Road
  • Basement: Michigan
  • Total Sq Ft: 1594
  • Above Grade Finished Sq Ft: 1594
  • Windows: Wood Sash

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
  • Number Water Heaters: 1

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 50x130
  • Estimated Number of Acres: 0.15
  • Lot: Y
  • Zoning: B-2B

Tax Info

  • Assessor Parcel Number: 52-19-06-426-022

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Nov 20, 2020
Sold by
Emmet Group Llc
Bought by
Jacobs Kurt A
Seller's Agent
Kimberly Kihnke
Bay North Realty Co.
Buyer's Agent
Kimberly Kihnke
Bay North Realty Co.
List Price
$159,900
Sold Price
$161,000
Premium/Discount to List
$1,100
0.69%
Current Estimated Value
$293,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,021
Avg. Annual Appreciation
13.53%

Purchase Details

Closed on
Dec 17, 2010
Sold by
Vargo James J and Slanina Jacalyn M
Bought by
Vargo James J
Source: Public Records

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
Jacobs Kurt A $161,000 --
Vargo James J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Emmet Group Llc $1
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $161,000 +0.7% $101 / Sq Ft
10/23/2020 10/23/20 For Sale $159,900 +201.7% $100 / Sq Ft
09/12/2014 09/12/14 Sold $53,000 -29.2% $33 / Sq Ft
08/25/2014 08/25/14 Pending -- -- --
11/12/2013 11/12/13 For Sale $74,900 -- $47 / 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 $3,335 $104,900 $104,900 $0
2024 $3,335 $91,700 $91,700 $0
2023 $3,037 $74,600 $74,600 $0
2022 $3,037 $58,600 $58,600 $0
2021 $2,950 $55,600 $55,600 $0
2020 $2,238 $47,900 $47,900 $0
2019 -- $47,900 $47,900 $0
2018 -- $47,900 $47,900 $0
2017 -- $47,900 $47,900 $0
2016 -- $38,600 $38,600 $0
2015 -- $39,100 $0 $0
2014 -- $40,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 463631

Northern Michigan MLS

APN: 52-19-06-426-022