NOT LISTED FOR SALE

837 Red Oak Way Petoskey, MI 49770

Estimated Value: $394,000 - $542,000

2 Beds
2.5 Baths
1,744 Sq Ft
$272/Sq Ft Est. Value

Last Sold March 20, 2018

Last sale price $259,000 $149 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $2,841/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 March 2018

Brand new never lived in before home nearing completion, act now and move in within 30 days. Conveniently located on the south end of Petoskey in close proximity to shopping, hospital and downtown Petoskey. This home features open floor plan, granite counters, 2 car garage, full basement and patio.

Last Agent to Sell the Property

C.T. Shuman

Real Estate One Listed on: 10/03/2016

Real Estate One

Last Buyer's Agent

Craig Lively

North Shores Realty Group

North Shores Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,925

Year Built

  • Built in 2016

Lot Details

  • 10,106

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

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

  • Property has a Home Owners Association
  • Maple Creek Association

Listing and Financial Details

  • Assessor Parcel Number 01-19-07-495-119

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,925

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2016
  • Lvt Date: 10/05/2016
  • Measurement Source: Builder
  • Section: 7
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2016

Interior Features

  • Features: Cable, Ceiling Fans, Central Air, Garbage Disposal, Patio, Paved Drive, Sprinkler System
  • Total Finished Sq Ft: 1744
  • Master Bedroom: Dimensions: 14.7 x 14.1, On Level: Main
  • Bedroom 2: Dimensions: 14 x 13, On Level: Main
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Total Rooms: 6
  • Basement: Full
  • Dining Room: Dimensions: 12.9 x 9.2, On Level: Main
  • Kitchen: Dimensions: 12.9 x 10, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 19.7 x 16.6, On Level: Main
  • Above Grade Finished Sq Ft: 1744
  • Bathroom 1: Dimensions: Full, On Level: Main
  • Bathroom 2: Dimensions: Full, 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, Andersen

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: $415y

Schools

  • School District: Petoskey

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 01-19-07-495-119

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2021
Sold by
Shea Eric
Bought by
Shea Eric Robert Trust
Current Estimated Value
$474,184

Purchase Details

Closed on
Dec 28, 2020
Sold by
Shea Mary
Bought by
Shea Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 3, 2016
Closed on
Mar 20, 2018
Sold by
R & R Development Of N Mi
Bought by
Shea Eric and Shea Mary
Seller's Agent
C.T. Shuman
Real Estate One
Buyer's Agent
Craig Lively
North Shores Realty Group
List Price
$259,900
Sold Price
$259,000
Premium/Discount to List
-$900
-0.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.35%
Original Mortgage
$59,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

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
Shea Eric Robert Trust -- --
Shea Eric $115,500 --
Shea Eric $259,000 --
R & R Development Of Northern Michigan L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shea Eric $170,000
Previous Owner Shea Eric $59,000
Previous Owner R & R Development Of Northern Michigan L $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2018 03/20/18 Sold $259,000 -0.3% $149 / Sq Ft
01/31/2018 01/31/18 Pending -- -- --
10/03/2016 10/03/16 For Sale $259,900 -- $149 / 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 $3,925 $207,900 $207,900 $0
2024 $3,925 $197,200 $197,200 $0
2023 $3,578 $172,500 $172,500 $0
2022 $3,578 $148,100 $148,100 $0
2021 $3,462 $145,600 $145,600 $0
2020 $3,398 $139,000 $139,000 $0
2019 $1,832 $135,000 $135,000 $0
2018 $1,456 $119,000 $119,000 $0
2017 -- $55,900 $55,900 $0
2016 -- $22,900 $22,900 $0
2015 -- $22,500 $0 $0
2014 -- $20,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 449891

Northern Michigan MLS

APN: 01-19-07-495-119