NOT LISTED FOR SALE

8313 Channel Rd Petoskey, MI 49770

Estimated Value: $116,000 - $649,000

1 Acre
$371,025 Price per Acre
43,560 Sq Ft Lot

Last Sold January 10, 2018

Last sale price $215,000

Est. 73% increase in value since last sale

Current estimated payment $2,419/month

147 Days on Market

About This Lot

As of January 2018

Build your dream vacation or year round home on this perfect Crooked Lake building site boasting 116 feet of beautiful frontage and 150 feet of depth. Locating buildable waterfront parcels in an area of spectacular homes is becoming an opportunity of the past (especially lots that have the capability to tie in to a community sewer system as this one does). Close to Petoskey and on the Inland Waterway, this location is quintessential Northern Michigan living at it's finest.

Last Agent to Sell the Property

Michael MacCarthy

Gaslight Group Properties Listed on: 07/25/2017

Last Buyer's Agent

Michael MacCarthy

Gaslight Group Properties Listed on: 07/25/2017

Property Details

Property Type

  • Land

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 116 x 151
  • 116 Feet of Waterfront
  • Level Lot

HOA Fees

  • $29 Monthly HOA Fees

Property Views

  • Water Views

Utilities

  • Underground Utilities
  • Well Required
  • Shared Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 14-17-21-252-006

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Class: LOTS/LAND
  • Type: Lots/Land
  • Type 2: Lot
  • Lvt Date: 07/28/2017
  • Section: 21
  • Survey: Y
  • Hd Approved: Yes
  • Road Access: Channel
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Features: Electric, Cable TV, Under Ground Utilities

Exterior Features

  • Lake: Crooked
  • Waterfront Frontage: 116
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Private Ownership

Utilities

  • Sewer: Common
  • Water: Well Needed

Condo/Co-op/Association

  • Association: Yes
  • Fees: 350

Lot Info

  • Estimated Lot Dimensions: 116 x 151
  • Estimated Number of Acres: 1
  • Zoning: Residential
  • Number Of Acres: Under 1
  • Terrain: Flat

Tax Info

  • Assessor Parcel Number: 14-17-21-252-006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2017
Closed on
Jan 5, 2018
Sold by
Rossi Paul and Rossi Kristin
Bought by
Gibson Marion E and Marion E Gibson Trust
Seller's Agent
Michael MacCarthy
Gaslight Group Properties
Buyer's Agent
Michael MacCarthy
Gaslight Group Properties
List Price
$239,000
Sold Price
$215,000
Premium/Discount to List
-$24,000
-10.04%
Current Estimated Value
$371,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,025
Avg. Annual Appreciation
7.10%

Purchase Details

Listed on
Aug 5, 2016
Closed on
Nov 23, 2016
Sold by
Keith Dennis J and Keith Monica Maguire
Bought by
Rossi Paul and Rossi Kristin
Seller's Agent
Carol Fay
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Mark Ashley
Coldwell Banker Schmidt - Petoskey
List Price
$215,000
Sold Price
$197,450
Premium/Discount to List
-$17,550
-8.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.90%
Original Mortgage
$146,250
Interest Rate
3.47%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 19, 2013
Sold by
Keith Dennis and Keith Monica
Bought by
Keith Dennis J and Maguire Keith Monica

Purchase Details

Closed on
Aug 1, 1990
Sold by
Boals Cash
Bought by
Keith New90 Rps
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Gibson Marion E $215,000 Attorneys Title Agency
Rossi Paul $197,450 Devon Title
Keith Dennis J -- --
Keith New90 Rps $64,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rossi Paul $146,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/10/2018 01/10/18 Sold $215,000 -10.0% --
12/19/2017 12/19/17 Pending -- -- --
07/25/2017 07/25/17 For Sale $239,000 +21.0% --
11/29/2016 11/29/16 Sold $197,450 -8.2% -- View Prior Sale
09/26/2016 09/26/16 Pending -- -- --
08/05/2016 08/05/16 For Sale $215,000 -- --
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 $5,284 $206,100 $206,100 $0
2024 $5,284 $148,100 $148,100 $0
2023 $4,835 $139,200 $139,200 $0
2022 $4,835 $139,200 $139,200 $0
2021 $4,680 $104,400 $104,400 $0
2020 $4,638 $104,400 $104,400 $0
2019 -- $104,400 $104,400 $0
2018 -- $98,600 $98,600 $0
2017 -- $98,600 $98,600 $0
2016 -- $92,800 $92,800 $0
2015 -- $92,800 $0 $0
2014 -- $92,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael MacCarthy

    Seller's Agent in 2018

    Michael MacCarthy

    Gaslight Group Properties

    (231) 838-7700

    179 Total Sales

    Michael MacCarthy
    Section Image
  • Carol Fay

    Seller's Agent in 2016

    Carol Fay

    Coldwell Banker Schmidt - Petoskey

    (231) 330-0876

    68 Total Sales

    Carol Fay
    Section Image
  • Mark Ashley

    Buyer's Agent in 2016

    Mark Ashley

    Coldwell Banker Schmidt - Petoskey

    (231) 330-3999

    66 Total Sales

    Mark Ashley
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 452807

Northern Michigan MLS

APN: 14-17-21-252-006

Michigan Emmet County Petoskey 49770

8313 Channel Rd, Petoskey, MI

Not Listed for Sale

Lots

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