NOT LISTED FOR SALE

8526 Cedar Creek Dr Petoskey, MI 49770

Estimated Value: $506,000 - $627,000

4 Beds
3 Baths
2,645 Sq Ft
$208/Sq Ft Est. Value

Last Sold August 24, 2023

Last sale price $437,500 $165 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,372/month

34 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • Cathedral Ceiling
  • First Floor Utility Room
  • Patio

About This Home

As of August 2023

Welcome to this wonderful home in the Silver Creek Subdivision. This stunning property boasts a perfect blend of modern elegance and cozy charm. With 3 bedrooms and 2 baths on the main floor plus an additional bedroom and bath in the finished walkout lower level, there's plenty of space for everyone. Upon entering you will be greeted by an inviting open floor plan with vaulted ceilings that create an airy and spacious atmosphere. The well-appointed kitchen features stainless steel appliances and ample cabinet space. The practical aspects of this home are equally impressive. A spacious mud room oversized two car garage and additional storage shed. Step outside to discover additional wonderful highlights of this property including it's serene location right on the creek. For even more outdoor enjoyment there is a deck off the kitchen and a lovely patio off the finished lower level. With a generous back yard there's plenty of room to play, garden, or adding your own touch. Don't miss the opportunity to make this exquisite property your own, schedule a viewing today.

Last Agent to Sell the Property

C.T. Shuman

Real Estate One Listed on: 07/21/2023

Real Estate One

Last Buyer's Agent

Non member Emmet

Emmet Association of Realtors

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • Property is zoned SR

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,645 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • First Floor Utility Room

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Patio
  • Shed

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • Hot Water Baseboard Heater
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Septic System
  • Cable TV Available

Community Details

  • Silver Creek Association

Listing and Financial Details

  • Assessor Parcel Number 14-20-04-225-107

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2016
  • Lvt Date: 07/21/2023
  • Section: 4
  • Second Address Number: 8526
  • Directions: Mitchell Road East to left on Silver Creek, right on Pickerel Lake. Cedar Creek is first road on the right.
  • OFFICELIST_STATE: MI
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2016

Interior Features

  • Features: AC Wall Unit, Built In Microwave, Cable, Cathedral Ceilings, Ceiling Fans, Central Air, Deck, Dishwasher, Dryer, Garbage Disposal, Mini Blinds, Patio, Range, Refrigerator, Washer, Wood Fireplace, Paved Road
  • Total Finished Sq Ft: 2645
  • Master Bedroom: Dimensions: 13.1X12.2, On Level: Main
  • Bedroom 2: Dimensions: 10.3X10, On Level: Main
  • Bedroom 3: Dimensions: 10.7X10, On Level: Main
  • Bedroom 4: Dimensions: 11.10X11.11, On Level: Lower
  • Basement: Full, Walkout, Finished
  • Dining Room: Dimensions: 13.6X15.8, On Level: Main
  • Kitchen: Dimensions: 13.6X10.4, On Level: Main
  • Family Room: Dimensions: 31.4X25.3, On Level: Lower
  • Living Room: Dimensions: 12.4X17.1, On Level: Main
  • Above Grade Finished Sq Ft: 1740
  • Bathroom 1: Dimensions: 9.4X5, On Level: Main
  • Bathroom 2: Dimensions: 7.9X6.11, On Level: Main
  • Number Of Bedrooms: 4
  • Full Bathrooms: 3
  • Rooms 1: Dimensions: 5.1X9.1, On Level: Lower
  • Rooms 2: On Level: N/A
  • Windows: 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 and Half

Utilities

  • Heat Type: Natural Gas, Hot Water Baseboard, Heat Pump
  • Sewer: Septic
  • Water: Well
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Association: Silver Creek
  • Association: Yes
  • Fees: 350

Schools

  • School District: Petoskey

Lot Info

  • Zoning: SR

Tax Info

  • Assessor Parcel Number: 14-20-04-225-107

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2020
Sold by
Karr Ronald J
Bought by
Karr Ronald J and Karr Candace M
Current Estimated Value
$550,760

Purchase Details

Listed on
Jul 6, 2018
Closed on
Aug 16, 2018
Sold by
Liebler Nicholas A and Liebler Lauren J
Bought by
Karr Ronald J and Karr Candace M
Seller's Agent
Wally Kidd
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
C.T. Shuman
Real Estate One
List Price
$274,900
Sold Price
$270,000
Premium/Discount to List
-$4,900
-1.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.04%
Original Mortgage
$100,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 8, 2014
Sold by
Liebler Larry
Bought by
Liebler Nicholas A and Liebler Lauren J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,739
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 15, 2011
Sold by
Boyd Gary F
Bought by
Liebler Larry

Purchase Details

Closed on
Apr 11, 2011
Sold by
Boyd Gary Scott
Bought by
Boyd Gary F

Purchase Details

Closed on
Jun 22, 2005
Sold by
Boyd Craig S
Bought by
Boyd Gary Scott

Purchase Details

Closed on
Mar 29, 1999
Bought by
Boyd Gary F and Boyd Craig S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Karr Ronald J -- --
Karr Ronald J $270,000 --
Liebler Nicholas A $180,000 Corporate Settlement Solutio
Liebler Larry $18,500 --
Boyd Gary F -- --
Boyd Gary Scott -- --
Boyd Gary F $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Karr Ronald J $100,000
Previous Owner Liebler Nicholas A $176,739
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/24/2023 08/24/23 Sold $437,500 -0.5% $165 / Sq Ft
07/21/2023 07/21/23 For Sale $439,900 +62.9% $166 / Sq Ft
08/17/2018 08/17/18 Sold $270,000 -1.8% $102 / Sq Ft View Prior Sale
07/06/2018 07/06/18 For Sale $274,900 -- $104 / 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 $5,796 $238,800 $238,800 $0
2024 $16 $220,700 $220,700 $0
2023 $3,576 $169,800 $169,800 $0
2022 $3,576 $136,500 $136,500 $0
2021 $3,461 $134,300 $134,300 $0
2020 $3,362 $131,100 $131,100 $0
2019 -- $125,700 $125,700 $0
2018 -- $98,800 $98,800 $0
2017 -- $98,100 $98,100 $0
2016 -- $98,100 $98,100 $0
2015 -- $82,300 $0 $0
2014 -- $68,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 471710

Northern Michigan MLS

APN: 14-20-04-225-107