NOT LISTED FOR SALE

8562 Ridgeway Rd Petoskey, MI 49770

Estimated Value: $540,000 - $626,000

0 Acre
-- Price per Acre
0 Sq Ft Lot

Last Sold January 13, 2017

Last sale price $230,000 $61 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $3,271/month

188 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Hydromassage or Jetted Bathtub
  • Vaulted Ceiling
  • Wood Flooring
  • Game Room

About This Lot

As of January 2017

This 3 bedroom, 2 3/4 bath home in the popular Silver Creek neighborhood includes a full finished, walkout basement providing all of the space you could need. The main floor has an open floor plan with a custom kitchen, dining area, and office leading to the covered rear deck.
A large master suite includes a whirlpool-style tub, independent shower, and walk-in closet. The guest bedrooms share an additional main level bath.
The lower level is large with an office, large bath, television area, a cedar storage room, and large mechanical room. The backyard is enclosed with a vinyl fence.

Last Agent to Sell the Property

Billy Andrew

COLDWELL BANKER SCHMIDT INDIAN RIVER License #6506045131 Listed on: 05/11/2016

COLDWELL BANKER SCHMIDT INDIAN RIVER

Last Buyer's Agent

LAURIE HODACK

MLS NON-MEMBER License #6501273020

Property Details

Property Type

  • Land

Year Built

  • Built in 2003

Lot Details

  • Lot Dimensions are 140x188
  • Fenced
  • Landscaped

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Siding
  • Vinyl Construction Material

Interior Spaces

  • 3,789 Sq Ft Home
  • Vaulted Ceiling
  • Gas Fireplace
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Home Office
  • Game Room
  • First Floor Utility Room
  • Laundry on main level
  • Finished Basement
  • Basement Window Egress
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Wood
  • Well
  • Septic Tank
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 14-20-04-225-166
  • Tax Block 4

Community Details

Overview

  • Property has a Home Owners Association
  • Silver Creek Condo Subdivision

Recreation

  • Deck
  • Patio

Property Details

Property Type

Land

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Directions: Silver Creek Road to Deerpath, left on Ridgeway. Home on left.
  • Garage Yn: Yes
  • Lot Size: 140x188
  • Prop. Type: Residential
  • Bedroom 1 Level: 1st
  • Bedroom 2 Level: 1st
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • Year Built: 2003
  • PropertySubType: Residential Lot
  • Road Frontage Type: None
  • ResoLaundryFeatures: Main Level
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Phone: 231-238-9336
  • MLS Status: Closed
  • Subdivision Name: Silver Creek Condo
  • Above Grade Finished Sq Ft: 1972.0
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Old MLS
  • Reso Fireplace Features: Gas
  • Reso Window Features: Egress Windows
  • Contract Information:Short Sale: No
  • Property Information Waterfront: No
  • General Property Information Lot Size Dimensions: 140x188
  • Property Information Total Bathrooms2: 3.0
  • Property Information:Style2: Ranch
  • Property Information Construction: Frame
  • Water Well2: Yes
  • Sewer:Septic2: Yes
  • Foundation Basement2: Yes
  • Exterior:Vinyl2: Yes
  • Appliances Equipmt Dishwasher2: Yes
  • Appliances Equipmt Garage Door Opener2: Yes
  • Appliances Equipmt Microwave2: Yes
  • Appliances Equipmt RangeOven: Yes
  • HeatingAir Central Air2: Yes
  • HeatingAir Forced Air3: Yes
  • HeatingAir Propane3: Yes
  • Laundry Main Level: Yes
  • Exterior Features Fence: Yes
  • HeatingAir Wood4: Yes
  • Appliances Equipmt Garbage Disposal2: Yes
  • Basement Specifics Full-Finished: Yes
  • Other Rooms Game Room: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Basement: Finished
  • BasementSpecificsPercentage: 90.0
  • Interior Amenities: Dishwasher, Garbage Disposal, Garage Door Opener, Microwave, Refrigerator, Range/Oven, Jet Tub, Vaulted Ceiling(s), Walk-In Closet(s), Doorwall
  • Bedroom 3 Level: 1st
  • Family Room Level: lower
  • Utility Room Level: 1st
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Hardwood, Tile
  • Interior Features Jet Tub2: Yes
  • Interior Features Walk - In Closet: Yes
  • Other Rooms:Office2: Yes
  • Interior Features Vaulted Ceilings2: Yes
  • Interior Features:Gas Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Interior Features:Hardwood Floors: Yes
  • Interior Features Smoke Detector2: Yes
  • Interior Features Tile Floor: Yes
  • Other Rooms:DenStudy: Yes
  • Interior Features Egress Windows: Yes

Exterior Features

  • Exterior Features: Deck, Fence, Landscaped, Patio/Porch, Paved Driveways, Satellite Components
  • Waterfront: No
  • Construction Type: Vinyl
  • Foundation Details: Basement
  • Exterior Features:Deck: Yes
  • Exterior Features PatioPorch: Yes
  • Exterior Features:Landscaped: Yes
  • Exterior Features Paved Driveways: Yes

Garage/Parking

  • Property Information:Garage Stall2: 3
  • Property Information:Garage Type2: Attached/UN

Utilities

  • Sewer: Septic Tank
  • Heating: Central Air, Forced Air, Propane, Wood
  • HeatingYN: Yes

Association/Amenities

  • TaxesAndPossessionAssociationDues: Yes

Schools

  • Junior High Dist: Petoskey

Lot Info

  • Parcel Number: 14-20-04-225-166

Tax Info

  • Tax Block: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2016
Closed on
Jan 13, 2017
Sold by
Mitas Brad and Mitas Rochelle
Bought by
Rhlie Brandon R
Seller's Agent
Billy Andrew
COLDWELL BANKER SCHMIDT INDIAN RIVER
Buyer's Agent
LAURIE HODACK
MLS NON-MEMBER
Sold Price
$230,000
Current Estimated Value
$571,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,120
Avg. Annual Appreciation
10.57%
Original Mortgage
$207,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 4, 2012
Closed on
Oct 26, 2012
Sold by
Gray Mark
Bought by
Mitas Brad and Mitas Rochelle
Seller's Agent
Carol Fay
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
C.T. Shuman
Real Estate One
List Price
$239,000
Sold Price
$215,000
Premium/Discount to List
-$24,000
-10.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.61%
Original Mortgage
$182,750
Interest Rate
3.4%

Purchase Details

Listed on
Aug 4, 2012
Closed on
Oct 19, 2012
Sold by
Gray Janice
Bought by
Gray Mark
Seller's Agent
Carol Fay
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
C.T. Shuman
Real Estate One
List Price
$239,000
Sold Price
$215,000
Premium/Discount to List
-$24,000
-10.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,750
Interest Rate
3.4%

Purchase Details

Closed on
Apr 29, 2005
Sold by
Friske Gary and Friske Denise
Bought by
Gray Mark and Gray Janice

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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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Rhlie Brandon R $230,000 None Available
Mitas Brad $215,000 --
Gray Mark -- --
Gray Mark $240,000 --
Friske Gary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Rhlie Brandon R $207,000
Previous Owner Mitas Brad $182,750
Previous Owner Gray Mark $182,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/13/2017 01/13/17 Sold $230,000 +7.0% $61 / Sq Ft
11/15/2016 11/15/16 Pending -- -- --
10/26/2012 10/26/12 Sold $215,000 -10.0% $57 / Sq Ft View Prior Sale
09/11/2012 09/11/12 Pending -- -- --
08/04/2012 08/04/12 For Sale $239,000 -- $63 / Sq Ft
Source: Water Wonderland Board of REALTORS®

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 $3,655 $211,700 $211,700 $0
2024 $15 $194,600 $194,600 $0
2023 $3,364 $160,800 $160,800 $0
2022 $3,364 $130,200 $130,200 $0
2021 $3,257 $129,000 $129,000 $0
2020 $3,164 $126,500 $126,500 $0
2019 -- $120,700 $120,700 $0
2018 -- $115,500 $115,500 $0
2017 -- $114,900 $114,900 $0
2016 -- $118,200 $118,200 $0
2015 -- $108,000 $0 $0
2014 -- $102,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Billy Andrew

    Seller's Agent in 2017

    Billy Andrew

    COLDWELL BANKER SCHMIDT INDIAN RIVER

    (231) 420-9231

    331 Total Sales

    Billy Andrew
    Section Image

  • L

    Buyer's Agent in 2017

    LAURIE HODACK

    MLS NON-MEMBER

  • Carol Fay

    Seller's Agent in 2012

    Carol Fay

    Coldwell Banker Schmidt - Petoskey

    (231) 330-0876

    69 Total Sales

    Carol Fay
    Section Image
  • C.T. Shuman

    Buyer's Agent in 2012

    C.T. Shuman

    Real Estate One

    (231) 838-4200

    126 Total Sales

    C.T. Shuman
    Section Image
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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 302321

Water Wonderland Board of REALTORS®

APN: 14-20-04-225-133

Michigan Emmet County Petoskey 49770

8562 Ridgeway Rd, Petoskey, MI

Not Listed for Sale

Lots

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