NOT LISTED FOR SALE

827 Red Oak Way Petoskey, MI 49770

Estimated Value: $393,000 - $561,000

2 Beds
2.5 Baths
1,744 Sq Ft
$288/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $390,000 $224 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,082/month

Highlights

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

About This Home

As of August 2021

Newer home completed in 2017 located just S of the Petoskey city limits in the Maple Creek subdivision. This home is in close proximity to shopping, restaurants, hospital and downtown. This home features a wonderful open floor plan and features 2 main floor spacious suites, granite counters, sprinkler system, 2 car garage and a full basement with daylight windows that could be finished for additional living space and a back patio with fantastic countryside views.

Last Agent to Sell the Property

C.T. Shuman

Real Estate One Listed on: 07/17/2021

Real Estate One

Last Buyer's Agent

Pete Stikovich

Little Traverse Bay Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,609

Year Built

  • Built in 2016

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,744 Sq Ft Home
  • Ceiling Fan
  • Vinyl Clad Windows
  • Blinds
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Parking

  • 2 Car Attached Garage
  • Driveway

Utilities

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

Additional Features

  • Patio
  • Sprinkler System

Community Details

  • Maple Creek Association

Listing and Financial Details

  • Assessor Parcel Number 01-19-07-495-120

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,609

Year Built

Built in 2016

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2016
  • Lvt Date: 07/19/2021
  • Measurement Source: Builder
  • Section: 7
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2016

Interior Features

  • Features: Built In Microwave, Cable, Ceiling Fans, Central Air, Dishwasher, Garbage Disposal, Mini Blinds, Patio, Paved Drive, Range, Refrigerator, Sprinkler System
  • Total Finished Sq Ft: 1744
  • Master Bedroom: Dimensions: 14.7X14.1, On Level: Main
  • Bedroom 2: Dimensions: 14X13.1, On Level: Main
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Total Rooms: 6
  • Basement: Full
  • Dining Room: Dimensions: 12.9X9.2, On Level: Main
  • Kitchen: Dimensions: 12.9X10, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 19.7X16.6, On Level: Main
  • Above Grade Finished Sq Ft: 1744
  • Bathroom 1: Dimensions: 9X13, On Level: Main
  • Bathroom 2: Dimensions: 6X9, On Level: Main
  • Number Of Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Vinyl

Exterior Features

  • Construction: Wood Frame/Site Built
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

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

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: Septic
  • Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: Maple Creek
  • Association: Yes
  • Fees: 400

Schools

  • School District: Petoskey

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 01-19-07-495-120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2021
Closed on
Aug 2, 2021
Sold by
R & R Development Of Northern Mi Llc
Bought by
Nass Thomas
Seller's Agent
C.T. Shuman
Real Estate One
Buyer's Agent
Pete Stikovich
Little Traverse Bay Realty
List Price
$379,900
Sold Price
$390,000
Premium/Discount to List
$10,100
2.66%
Current Estimated Value
$502,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,734
Avg. Annual Appreciation
6.31%
Original Mortgage
$50,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2015
Sold by
Whitcomb Reginald Edward and Whitcomb Reg
Bought by
R & R Development Of Northern Michigan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.91%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Nass Thomas $390,000 --
R & R Development Of Northern Michigan L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nass Thomas $50,000
Previous Owner R & R Development Of Northern Michigan L $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $390,000 +2.7% $224 / Sq Ft
07/17/2021 07/17/21 For Sale $379,900 -- $218 / 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 $4,609 $237,000 $237,000 $0
2024 $4,609 $226,200 $226,200 $0
2023 $4,202 $197,700 $197,700 $0
2022 $4,202 $169,200 $169,200 $0
2021 $2,735 $138,900 $138,900 $0
2020 $4,661 $132,200 $132,200 $0
2019 $1,513 $128,300 $128,300 $0
2018 $1,452 $112,700 $112,700 $0
2017 -- $50,000 $50,000 $0
2016 -- $17,100 $17,100 $0
2015 -- $16,800 $0 $0
2014 -- $19,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 465866

Northern Michigan MLS

APN: 01-19-07-495-120