NOT LISTED FOR SALE

8647 Spring Ridge Dr Unit 118 Petoskey, MI 49770

Estimated Value: $357,263 - $498,000

0.53 Acre
$805,826 Price per Acre
23,087 Sq Ft Lot

Last Sold November 17, 2021

Last sale price $10,900

Est. 3,818% increase in value since last sale

Current estimated payment $2,495/month

Highlights

  • 108 Feet of Waterfront
  • Creek or Stream
  • Level Lot
  • Landscaped with Trees

About This Lot

As of November 2021

Wooded acreage parcel in private neighborhood east of Petoskey. Offering plenty of nature and privacy, this beautiful, creekside, building site is tucked in the woods & ready for family or retirement enjoyment. Located in Silver Creek Association in the Petoskey School District. Low association dues and township taxes! Owners enjoy access to the 2000-foot-long creek which flows from the southeast to northwest. Paved private roads, natural gas and high-speed internet. The white sand bottom creek runs through the center of development and the back of this lot. Nature trails are located throughout the neighborhood for all to enjoy. Additional lots available from same seller (lots 26, 27, 28 & 41). Contact listing agents for additional information.

Last Agent to Sell the Property

Mark Ashley

Coldwell Banker Schmidt - Petoskey License #6502139858 Listed on: 05/10/2021

Coldwell Banker Schmidt - Petoskey

Co-Listed By

Sheela Welch

Coldwell Banker Schmidt - Petoskey

Coldwell Banker Schmidt - Petoskey

Last Buyer's Agent

Sheela Welch

Coldwell Banker Schmidt - Petoskey

Coldwell Banker Schmidt - Petoskey

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,319

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 130 x 191 x 110
  • 108 Feet of Waterfront
  • Creek or Stream
  • Level Lot
  • Landscaped with Trees

HOA Fees

  • $29 Monthly HOA Fees

Property Views

  • Water Views

Utilities

  • Underground Utilities
  • Well Required
  • Septic Needed
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 14-20-04-225-218

Community Details

Overview

  • Silver Creek Association

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$2,319

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Class: LOTS/LAND
  • Type: Lots/Land
  • Type 2: Lot
  • Lvt Date: 05/12/2021
  • Section: 4
  • Hd Approved: y
  • Road Access: yes, paved
  • Road Frontage Feet: 130.77
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Features: Phone, Mixed Trees, Natural Gas, Under Ground Utilities, Electric Nearby, Stream/Creek, Paved Road

Exterior Features

  • Waterfront Frontage: 108.35
  • Waterfront Water Access: Neither
  • Water View: Y

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Condo/Co-op/Association

  • Association: Silver Creek
  • Association: Yes
  • Fees: 350
  • Site Condo: y

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 130 x 191 x 110
  • Estimated Number of Acres: 0.53
  • Lot: y
  • Zoning: Residential
  • Deed Restrictions: of record
  • Improvements: Natural Gas, HS Internet
  • Number Of Acres: Under 1
  • Percent Wooded: 60%
  • Terrain: Flat

Tax Info

  • Assessor Parcel Number: 14-20-04-225-218

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2021
Closed on
Nov 15, 2021
Sold by
Equity Trust Company
Bought by
Jachimski David and Jachimski Lisa
Seller's Agent
Mark Ashley
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Sheela Welch
Coldwell Banker Schmidt - Petoskey
List Price
$10,900
Sold Price
$10,900
Current Estimated Value
$427,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,188
Avg. Annual Appreciation
157.39%

Purchase Details

Closed on
Mar 12, 2021
Sold by
Equity Trust Company
Bought by
Steele Robert L Trust Ii

Purchase Details

Closed on
Feb 19, 2021
Sold by
Equity Trust Company
Bought by
Steele Robert L Trust Ii

Purchase Details

Closed on
Aug 10, 2006
Bought by
Equity Trust Company

Purchase Details

Closed on
May 20, 2005
Bought by
Nab Investment Corp Def Ben Plan

Purchase Details

Closed on
Sep 24, 2003
Sold by
Mcintosh Gary F
Bought by
Nab Investment Corp

Purchase Details

Closed on
Aug 23, 2002
Bought by
Mcintosh Gary F

Purchase Details

Closed on
Apr 25, 2001
Sold by
Smith Howard D and Smith Marian E
Bought by
Nab Investment Corporation
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jachimski David $10,900 --
Steele Robert L Trust Ii -- --
Steele Robert L Trust Ii -- --
Equity Trust Company -- --
Nab Investment Corp Def Ben Plan -- --
Nab Investment Corp -- --
Mcintosh Gary F -- --
Nab Investment Corporation $72,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2021 11/17/21 Sold $10,900 0.0% --
05/10/2021 05/10/21 For Sale $10,900 -- --
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 $2,319 $189,100 $189,100 $0
2024 $2,319 $94,400 $94,400 $0
2023 $202 $32,700 $32,700 $0
2022 $202 $4,500 $4,500 $0
2021 $224 $5,000 $5,000 $0
2020 $244 $5,500 $5,500 $0
2019 -- $5,500 $5,500 $0
2018 -- $5,500 $5,500 $0
2017 -- $8,500 $8,500 $0
2016 -- $8,500 $8,500 $0
2015 -- $8,500 $0 $0
2014 -- $10,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 465039

Northern Michigan MLS

APN: 14-20-04-225-218