NOT LISTED FOR SALE

8686 E Mitchell Rd Petoskey, MI 49770

Estimated Value: $519,000 - $543,000

3 Beds
2.5 Baths
2,036 Sq Ft
$259/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $390,000 $192 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,229/month

Highlights

  • Deck
  • First Floor Utility Room
  • Double Pane Windows
  • Main Floor Primary Bedroom
  • 2 Car Detached Garage
  • Living Room

About This Home

As of June 2022

Brand new construction! Spacious 3 bedroom, 2.5 bath home with den located on over 8 wooded acres about 10 minutes east of downtown Petoskey. This home features a fantastic open style floor plan, large bedrooms, geothermal heating and cooling and 24X40 pole barn. Seller is putting on the last few finishing touches and home is ready for immediate occupancy.

Last Agent to Sell the Property

C.T. Shuman

Real Estate One Listed on: 04/16/2022

Real Estate One

Last Buyer's Agent

Ethan Swiger

Real Estate One

Real Estate One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,071

Lot Details

  • 8.44 Acre Lot
  • Property is zoned FF-2

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,036 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Crawl Space

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 14-20-04-400-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,071

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 04/20/2022
  • Section: 4
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Built In Microwave, Ceiling Fans, Deck, Dishwasher, Dryer, Garbage Disposal, Range, Refrigerator, Washer
  • Total Finished Sq Ft: 2036
  • Master Bedroom: Dimensions: 13.9X12.11, On Level: Main
  • Bedroom 2: Dimensions: 12.11X11.2, On Level: Main
  • Bedroom 3: Dimensions: 12.11X11.2, On Level: Main
  • Bedroom 4: On Level: N/A
  • Total Rooms: 7
  • Basement: Crawl
  • Dining Room: Dimensions: 12.2X9, On Level: Main
  • Kitchen: Dimensions: 12X20, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 16.6X23.4, On Level: Main
  • Above Grade Finished Sq Ft: 2036
  • Bathroom 1: Dimensions: 10.2X8.3, On Level: Main
  • Bathroom 2: Dimensions: 11.1X5.5, On Level: Main
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Rooms 1: Dimensions: (Bath) 6.3X5.5, On Level: Main
  • Rooms 2: Dimensions: (Den) 7.8X9.6, On Level: Main
  • Windows: Vinyl, Double

Exterior Features

  • Construction: Wood Frame/Site Built
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

  • Garage Carport: Garage-Detached
  • Gar Car Capacity: Two and Half

Utilities

  • Heat Type: Forced Air, LP Gas
  • Sewer: Septic
  • Water: Well
  • Water Heater: 40 Gal

Schools

  • School District: Petoskey

Lot Info

  • Estimated Number of Acres: 8.44
  • Zoning: FF-2

Tax Info

  • Assessor Parcel Number: 14-20-04-400-006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2022
Closed on
Jun 27, 2022
Sold by
Emmet County Treasurer
Bought by
Carson Bob
Seller's Agent
C.T. Shuman
Real Estate One
Buyer's Agent
Ethan Swiger
Real Estate One
List Price
$429,900
Sold Price
$390,000
Premium/Discount to List
-$39,900
-9.28%
Current Estimated Value
$527,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,175
Avg. Annual Appreciation
9.56%
Original Mortgage
$351,000
Outstanding Balance
$334,997
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$192,178

Purchase Details

Listed on
Apr 16, 2022
Closed on
Jun 17, 2022
Sold by
Carson Bob and Carson Robert
Bought by
Garcia Kristalena and Legato Kristina
Seller's Agent
C.T. Shuman
Real Estate One
Buyer's Agent
Ethan Swiger
Real Estate One
List Price
$429,900
Sold Price
$390,000
Premium/Discount to List
-$39,900
-9.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Outstanding Balance
$334,997
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$192,178

Purchase Details

Closed on
Mar 1, 2022
Sold by
Carson Bob
Bought by
Emmet County Treasurer

Purchase Details

Listed on
Oct 10, 2019
Closed on
Dec 11, 2019
Sold by
Federal National Mortgage Association
Bought by
Carson Bob
Seller's Agent
Sue Louiselle
Sue Louiselle, Broker
Buyer's Agent
Sue Louiselle
Sue Louiselle, Broker
List Price
$86,900
Sold Price
$68,200
Premium/Discount to List
-$18,700
-21.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.10%

Purchase Details

Closed on
May 22, 2019
Sold by
Emmet County Of
Bought by
Chemical Bank

Purchase Details

Closed on
May 24, 1999
Sold by
Vanliew Rosann
Bought by
Fochtman Carl and Fochtman Marquita
Source: Public Records

Range of Values:

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Average Value
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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
Carson Bob $3,491 --
Garcia Kristalena $390,000 --
Emmet County Treasurer $3,379 --
Carson Bob $68,200 --
Chemical Bank $75,383 --
Fochtman Carl $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Kristalena $351,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/17/2022 06/17/22 Sold $390,000 -9.3% $192 / Sq Ft
04/16/2022 04/16/22 For Sale $429,900 +530.4% $211 / Sq Ft
12/11/2019 12/11/19 Sold $68,200 -14.6% $52 / Sq Ft View Prior Sale
11/11/2019 11/11/19 Price Changed $79,900 -8.1% $61 / Sq Ft
10/14/2019 10/14/19 For Sale $86,900 0.0% $67 / Sq Ft
10/14/2019 10/14/19 Price Changed $86,900 +27.4% $67 / Sq Ft
10/06/2019 10/06/19 Off Market $68,200 -- --
07/14/2019 07/14/19 For Sale $195,000 -- $150 / 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 $5,071 $248,500 $27,400 $221,100
2024 $5,071 $223,900 $27,400 $196,500
2023 $6,546 $183,900 $183,900 $0
2022 $6,546 $150,900 $150,900 $0
2021 $6,337 $142,100 $142,100 $0
2020 $3,346 $75,300 $75,300 $0
2019 -- $66,600 $66,600 $0
2018 -- $65,700 $65,700 $0
2017 -- $61,200 $61,200 $0
2016 -- $60,400 $60,400 $0
2015 -- $57,700 $0 $0
2014 -- $57,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C.T. Shuman

    Seller's Agent in 2022

    C.T. Shuman

    Real Estate One

    (231) 838-4200

    135 Total Sales

    C.T. Shuman
    Section Image
  • Ethan Swiger

    Buyer's Agent in 2022

    Ethan Swiger

    Real Estate One

    (231) 881-6263

    116 Total Sales

    Ethan Swiger
    Section Image

  • S

    Seller's Agent in 2019

    Sue Louiselle

    Sue Louiselle, Broker

    (231) 835-1555

    56 Total Sales

    Sue Louiselle
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 467932

Northern Michigan MLS

APN: 14-20-04-400-006

Michigan Emmet County Petoskey 49770

8686 E Mitchell Rd, Petoskey, MI

This home is located at 8686 E Mitchell Rd, Petoskey, MI 49770 since 16 April 2022 and is currently estimated at $527,175, approximately $258 per square foot. 8686 E Mitchell Rd is a home located in Emmet County with nearby schools including Petoskey High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Michigan MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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