NOT LISTED FOR SALE

847 Red Oak Way Petoskey, MI 49770

Estimated Value: $395,000 - $542,000

2 Beds
2.5 Baths
1,744 Sq Ft
$268/Sq Ft Est. Value

Last Sold June 08, 2018

Last sale price $261,000 $150 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,816/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 June 2018

Nearly new home conveniently located to all Petoskey amenities but just outside the city limits. Home has been designed for easy barrier free main floor living and features two suites on the main floor, full basement, back yard patio and attached 2 car garage.

Last Agent to Sell the Property

C.T. Shuman

Real Estate One Listed on: 03/20/2018

Real Estate One

Last Buyer's Agent

Susan Schwaderer

Coldwell Banker Schmidt- Harbor Springs License #6501515743

Coldwell Banker Schmidt- Harbor Springs

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,004

Year Built

  • Built in 2016

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,744 Sq Ft Home
  • Ceiling Fan
  • Vinyl Clad Windows
  • Family Room
  • 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 01-19-07-495-118

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,004

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2016
  • Lvt Date: 03/22/2018
  • 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 13.1, On Level: Main
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Total Rooms: 6
  • Basement: Full
  • Dining Room: Dimensions: 12.9 x 9.2, On Level: Main
  • Kitchen: Dimensions: 12.9 x 10, On Level: Main
  • Family Room: On Level: Main
  • Living Room: Dimensions: 19.7 x 16.6, On Level: Main
  • Above Grade Finished Sq Ft: 1744
  • Bathroom 1: On Level: Main
  • Bathroom 2: 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: 01-19-07-495-118

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2018
Closed on
Jun 13, 2018
Sold by
R & R Dev Of Nortern Mi
Bought by
Adelaine Patrick M and Adelaine Patricia M
Seller's Agent
C.T. Shuman
Real Estate One
Buyer's Agent
Susan Schwaderer
Coldwell Banker Schmidt- Harbor Springs
List Price
$262,500
Sold Price
$261,000
Premium/Discount to List
-$1,500
-0.57%
Current Estimated Value
$468,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,137
Avg. Annual Appreciation
8.31%
Original Mortgage
$195,000
Interest Rate
4.5%
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
Adelaine Patrick M $261,000 --
R & R Development Of Northern Michigan L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adelaine Patrick M $195,000
Previous Owner R & R Development Of Northern Michigan L $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2018 06/08/18 Sold $261,000 -0.6% $150 / Sq Ft
05/02/2018 05/02/18 Pending -- -- --
03/20/2018 03/20/18 For Sale $262,500 -- $151 / 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 $4,004 $210,200 $210,200 $0
2024 $4,004 $198,600 $198,600 $0
2023 $3,650 $173,800 $173,800 $0
2022 $3,650 $149,200 $149,200 $0
2021 $3,531 $147,800 $147,800 $0
2020 $3,466 $142,100 $142,100 $0
2019 $1,862 $137,700 $137,700 $0
2018 $1,570 $119,700 $119,700 $0
2017 -- $44,500 $44,500 $0
2016 -- $13,300 $13,300 $0
2015 -- $12,800 $0 $0
2014 -- $16,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C.T. Shuman

    Seller's Agent in 2018

    C.T. Shuman

    Real Estate One

    (231) 838-4200

    31 in this area

    136 Total Sales

    C.T. Shuman
    Section Image

  • S

    Buyer's Agent in 2018

    Susan Schwaderer

    Coldwell Banker Schmidt- Harbor Springs

    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 454523

Northern Michigan MLS

APN: 01-19-07-495-118

Michigan Emmet County Petoskey 49770

847 Red Oak Way, Petoskey, MI

This home is located at 847 Red Oak Way, Petoskey, MI 49770 since 20 March 2018 and is currently estimated at $468,137, approximately $268 per square foot. This property was built in 2016. 847 Red Oak Way is a home located in Emmet County with nearby schools including Petoskey High School, St. Francis Xavier School, and Petoskey Montessori Children's.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Michigan MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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