NOT LISTED FOR SALE

8530 Penny Ln Petoskey, MI 49770

Estimated Value: $104,000 - $438,000

8.75 Acres
$23,880 Price per Acre
381,150 Sq Ft Lot

Sale Details

Date Sold: September 12, 2023

Last sale price $95,000

Est. 120% increase in value since last sale

Current estimated payment $1,276 / mo

42 Days on Market

Highlights

  • Wooded Lot
  • Stream
  • Level Lot

About This Lot

As of September 2023

If your searching for a peaceful, private building site, close enough to enjoy all of the conveniences and amenities that Petoskey has to offer...this may be it! This property consists of 8.75 wooded acres. There is a 30'x30' cabin shell, just waiting to be finished to your specifications. Circle drive is in place with additional building site(s) already cleared. Many mature trees on the property as well as a small creek that runs through the back, providing privacy and a tranquil setting.

Last Agent to Sell the Property

Sarah Barr

Real Estate One Northern Properties License #6501437669 Listed on: 07/31/2023

Real Estate One Northern Properties

Last Buyer's Agent

AGENT OUTSIDE

OUTSIDE OFFICE

Property Details

Property Type

  • Land

Lot Details

  • 8.75 Acre Lot
  • Level Lot
  • Irregular Lot
  • Wooded Lot

Community Details

  • Stream

Property Details

Property Type

Land

Lot Details

8.75 Acres

Listing Details

  • Directions: From E Mitchell Road in Petoskey, turn right onto Penny Lane. Property is .2 miles down Penny Lane on the right. There is a sign by the road.
  • Listing Member Name: Sarah E Barr
  • Prop. Type: Land
  • RealtorCOM Type: Land
  • Selling Member Short Id: 057
  • Selling Office Short Id: 018
  • OFFICELIST_STATE: MI
  • Land Info Mineral Rights: unknown
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Disability Access: County Road
  • Basement Type: Single Family Lot

Exterior Features

  • Acreage: 6 - 10 Acres
  • Number of Acres: 8.75
  • Waterfront: No
  • Topography: Flat

Utilities

  • Electric: Available
  • Hot Water: Stream

Schools

  • School District: Other

Lot Info

  • Lot Size: Irregular
  • Zoning: Residential
  • Lot Description: Irregular, Wooded Lot
  • Prop Use: Single-Family

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2009
Sold by
Bought by
Current Estimated Value
$208,952
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$39,900 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/12/2023 09/12/23 Sold $95,000 0.0% --
07/31/2023 07/31/23 For Sale $95,000 -- --
Source: Eastern Upper Peninsula Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,773 $49,800 $28,400 $21,400
2024 $2 $39,900 $39,900 $0
2023 $675 $23,400 $23,400 $0
2022 $675 $22,200 $22,200 $0
2021 $654 $19,300 $19,300 $0
2020 $639 $19,300 $19,300 $0
2019 -- $17,500 $17,500 $0
2018 -- $15,600 $15,600 $0
2017 -- $13,500 $13,500 $0
2016 -- $13,500 $13,500 $0
2015 -- $12,900 $0 $0
2014 -- $15,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Sarah Barr

    Real Estate One Northern Properties

    (906) 630-6347

    54 Total Sales

    Sarah Barr
    Section Image

  • A

    Buyer's Agent in 2023

    AGENT OUTSIDE

    OUTSIDE OFFICE

    (906) 632-7336

    477 Total Sales

    AGENT OUTSIDE
    Section Image
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Map

Source: Eastern Upper Peninsula Board of REALTORS®

MLS Number: 23-719

APN: 14-20-04-400-026

Michigan Emmet County Petoskey 49770

8530 Penny Ln, Petoskey, MI

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