NOT LISTED FOR SALE

840 Red Oak Way Petoskey, MI 49770

Estimated Value: $395,000 - $511,000

2 Beds
2 Baths
1,583 Sq Ft
$285/Sq Ft Est. Value

Last Sold February 06, 2017

Last sale price $245,000 $155 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,673/month

Highlights

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

About This Home

As of February 2017

Brand new never lived in home available in the Maple Creek subdivision. This home features fantastic views of the Bear River Valley, main floor barrier free living, attached 2 car garage, full walkout lower level ready to be finished for extra living space, granite counters, tiled shower and much more. Conveniently located to downtown Petoskey, shopping, hospital and restaurants.

Last Agent to Sell the Property

C.T. Shuman

Real Estate One Listed on: 10/03/2016

Real Estate One

Co-Listed By

Toby McFarland

Real Estate One

Last Buyer's Agent

Toby McFarland

Real Estate One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,409

Year Built

  • Built in 2015

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,583 Sq Ft Home
  • Insulated Windows
  • Living Room
  • Dining Room
  • First Floor Utility Room

Kitchen

  • Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Partial Basement

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

  • Deck
  • Sprinkler System

Listing and Financial Details

  • Assessor Parcel Number 01-19-07-495-133

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,409

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2015
  • Lvt Date: 10/04/2016
  • Measurement Source: Owner
  • Section: 7
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2015

Interior Features

  • Features: Cable, Central Air, Deck, Garbage Disposal, Paved Drive, Range, Refrigerator, Sprinkler System
  • Total Finished Sq Ft: 1583
  • Master Bedroom: Dimensions: 14 x 12, On Level: Main
  • Bedroom 2: Dimensions: 14 x 11, On Level: Main
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Total Rooms: 6
  • Basement: Partial, Walkout
  • Dining Room: Dimensions: 10.10 x 15, On Level: Main
  • Kitchen: Dimensions: 10.5 x 10.5, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 15.2 x 15, On Level: Main
  • Above Grade Finished Sq Ft: 1583
  • Bathroom 1: Dimensions: Full, On Level: Main
  • Bathroom 2: Dimensions: Full, On Level: Main
  • Number Of Bedrooms: 2
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Insulated

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

  • Fees: $415y

Schools

  • School District: Petoskey

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 01-19-07-495-133

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2016
Closed on
Feb 6, 2017
Sold by
R & R Development Of Northern Michigan L
Bought by
Beriault Gina Marie
Seller's Agent
C.T. Shuman
Real Estate One
Buyer's Agent
Toby McFarland
Real Estate One
List Price
$249,900
Sold Price
$245,000
Premium/Discount to List
-$4,900
-1.96%
Current Estimated Value
$450,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,618
Avg. Annual Appreciation
7.30%
Original Mortgage
$237,650
Outstanding Balance
$197,706
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$252,912
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
Beriault Gina Marie $245,000 Talon Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beriault Gina Marie $237,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2017 02/06/17 Sold $245,000 -2.0% $155 / Sq Ft
01/03/2017 01/03/17 Pending -- -- --
10/03/2016 10/03/16 For Sale $249,900 -- $158 / 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 $3,409 $197,400 $197,400 $0
2024 $3,409 $186,100 $186,100 $0
2023 $3,108 $162,800 $162,800 $0
2022 $3,108 $140,400 $140,400 $0
2021 $3,006 $140,000 $140,000 $0
2020 $2,951 $133,500 $133,500 $0
2019 $4,262 $129,700 $129,700 $0
2018 $4,196 $114,500 $114,500 $0
2017 -- $112,400 $112,400 $0
2016 -- $106,200 $106,200 $0
2015 -- $18,300 $0 $0
2014 -- $19,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 449889

Northern Michigan MLS

APN: 01-19-07-495-133