$54,000
SOLD MAR 12, 2025

8555 Ridgeway Rd Petoskey, MI 49770

0.66 Acre
$81,818 Price per Acre
28,750 Sq Ft Lot

Recently Sold

23% Below List Price

254 Days on Market

About This Lot

As of March 2025

Great opportunity! Perfect setting for a new home! Everything you need to get started...minus the home. Well, septic, electrical, garage foundation with concrete pad, paved driveway with a white picket fence to boot! The lot on the left side of lot (if your standing in the driveway) is association owned along with the back side of lot. There are foot trails throughout the association right down to the Minnehaha Creek. You'll love the quite country setting yet you're not far from town, schools, shopping and dining. Set up a showing today!

Last Agent to Sell the Property

Beth Flynn

@properties Christie's International Real Estate - Petoskey Listed on: 07/01/2024

@properties Christie's International Real Estate - Petoskey

Last Buyer's Agent

Mark Ashley

Coldwell Banker Schmidt - Petoskey License #6502139858

Coldwell Banker Schmidt - Petoskey

Property Details

Property Type

  • Land

Lot Details

  • 0.66 Acre Lot
  • Level Lot

HOA Fees

  • $33 Monthly HOA Fees

Utilities

  • Underground Utilities
  • Well
  • Septic System

Community Details

  • Silver Creek Association

Listing and Financial Details

  • Assessor Parcel Number 14-20-04-225-175

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Class: LOTS/LAND
  • Type: Lots/Land
  • Type 2: Lot
  • Lvt Date: 07/01/2024
  • Section: 4
  • Hd Approved: Y
  • Second Address Number: 8555
  • Directions: From E. Mitchell to Silver Creek Rd. on left to Silver Creek Association on right to stop sign go left and follow around to right. Look for sign.
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Features: Electric, Natural Gas, Under Ground Utilities, Paved Road

Exterior Features

  • Waterfront Water Access: Neither

Utilities

  • Sewer: Septic
  • Water: Well

Condo/Co-op/Association

  • Association: Silver Creek
  • Association: Yes
  • Fees: 400

Schools

  • School District: Petoskey

Lot Info

  • Estimated Number of Acres: 0.66
  • Lot: Y
  • Zoning: Residential
  • Number Of Acres: Under 1
  • Terrain: Flat

Tax Info

  • Assessor Parcel Number: 14-20-04-225-175

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 4, 2020
Sold by
Webster Timothy
Bought by
Flynn Todd M
Current Estimated Value
$64,876

Purchase Details

Listed on
Jun 10, 2013
Closed on
Oct 28, 2013
Sold by
Roach Philip E and Roach Faith E
Bought by
Webster Timothy and Webster Marcia
Seller's Agent
Carol Fay
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Gary Strange
Charlevoix Properties
List Price
$195,000
Sold Price
$179,000
Premium/Discount to List
-$16,000
-8.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.38%
Original Mortgage
$161,100
Interest Rate
4.33%

Purchase Details

Closed on
Jul 3, 2002
Sold by
Friske Gary and Friske Denise
Bought by
Roach Phillip E and Roach Faith E

Purchase Details

Closed on
Jan 3, 2000
Bought by
Friske Gary and Friske Denise
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

Date Type Sale Price Title Company
Warranty Deed $22,500 --
Warranty Deed $179,000 Attorneys Title Agency Llc
Warranty Deed $198,200 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $161,100 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2025 03/12/25 Sold $54,000 -16.9% --
08/15/2024 08/15/24 Price Changed $65,000 -7.1% --
07/01/2024 07/01/24 For Sale $70,000 -60.9% --
10/28/2013 10/28/13 Sold $179,000 -8.2% $66 / Sq Ft View Prior Sale
08/27/2013 08/27/13 Pending -- -- --
06/10/2013 06/10/13 For Sale $195,000 -- $72 / Sq Ft
Source: Northern Michigan MLS

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 $420 $18,700 $18,700 $0
2024 $1 $15,500 $15,500 $0
2023 $384 $13,700 $13,700 $0
2022 $384 $11,600 $11,600 $0
2021 $372 $8,300 $8,300 $0
2020 $171 $7,000 $7,000 $0
2019 -- $95,400 $95,400 $0
2018 -- $89,300 $89,300 $0
2017 -- $88,900 $88,900 $0
2016 -- $85,700 $85,700 $0
2015 -- $78,200 $0 $0
2014 -- $71,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 474234

Northern Michigan MLS

APN: 14-20-04-225-175