NOT LISTED FOR SALE

870 Red Oak Way Unit 13 Petoskey, MI 49770

Estimated Value: $396,000 - $521,000

2 Beds
2.5 Baths
1,744 Sq Ft
$262/Sq Ft Est. Value

Last Sold October 26, 2018

Last sale price $259,000 $149 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,735/month

Highlights

  • Water Views
  • First Floor Utility Room
  • Patio
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • Living Room

About This Home

As of October 2018

One year old home available for immediate occupancy. This home is conveniently located just outside the Petoskey City Limits, but close to shopping and hospital. This home features a wonderful open floor plan with 2 main floor suites, granite counters, covered back deck with views of Little Traverse Bay, full walkout lower level and a 2 car garage.

Last Agent to Sell the Property

C.T. Shuman

Real Estate One Listed on: 10/04/2018

Real Estate One

Last Buyer's Agent

Amanda Conklin

Real Estate One

Real Estate One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,738

Year Built

  • Built in 2016

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,744 Sq Ft Home
  • Ceiling Fan
  • Vinyl Clad Windows
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Water Views
  • Basement Fills Entire Space Under The House
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Parking

  • 2 Car Attached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Septic System
  • Cable TV Available

Additional Features

  • Patio
  • Sprinkler System

Community Details

  • Property has a Home Owners Association
  • Maple Creek Association

Listing and Financial Details

  • Assessor Parcel Number 01-19-07-495-113

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,738

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2016
  • Lvt Date: 10/04/2018
  • Section: 7
  • Second Address Number: 870
  • Directions: Maple Creek is located off of Howard Road just south of Lears Road.
  • Price per Sq Ft: 148.51
  • OFFICELIST_STATE: MI
  • Street Designation: Way
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2016

Interior Features

  • Features: Cable, Ceiling Fans, Central Air, Garbage Disposal, Patio, Paved Drive, Sprinkler System
  • Total Finished Sq Ft: 1744
  • Master Bedroom: Dimensions: 14.7 x 14.1, On Level: Main
  • Bedroom 2: Dimensions: 14 x 13.1, On Level: Main
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Total Rooms: 6
  • Basement: Full
  • Dining Room: Dimensions: 12.9 x 9.2, On Level: Main
  • Kitchen: Dimensions: 12.9 x 10, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 19.7 x 16.6, On Level: Main
  • Above Grade Finished Sq Ft: 1744
  • Bathroom 1: Dimensions: Full/Half, On Level: Main
  • Bathroom 2: Dimensions: Full, On Level: Main
  • Number Of Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Vinyl, Andersen

Exterior Features

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

Garage/Parking

  • Garage Carport: Garage-Attached
  • Gar Car Capacity: Two

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: Septic
  • Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: Maple Creek
  • Association: Yes
  • Fees: $415y

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Lot: Y
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 01-19-07-495-113

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2018
Closed on
Oct 24, 2018
Sold by
Mix Co Llc
Bought by
Gammon Patrick C and Gammon Patricia A
Seller's Agent
C.T. Shuman
Real Estate One
Buyer's Agent
Amanda Conklin
Real Estate One
List Price
$275,000
Sold Price
$259,000
Premium/Discount to List
-$16,000
-5.82%
Current Estimated Value
$456,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,951
Avg. Annual Appreciation
8.54%
Original Mortgage
$207,200
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2016
Sold by
Dare Iii Llc
Bought by
Mix Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,217
Interest Rate
3.72%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Gammon Patrick C $259,000 --
Mix Company Llc -- Talon Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gammon Patrick C $207,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2018 10/26/18 Sold $259,000 -5.8% $149 / Sq Ft
10/04/2018 10/04/18 For Sale $275,000 -- $158 / 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 $3,738 $193,900 $193,900 $0
2024 $3,738 $183,100 $183,100 $0
2023 $3,408 $160,200 $160,200 $0
2022 $3,408 $137,900 $137,900 $0
2021 $3,296 $137,400 $137,400 $0
2020 $3,236 $131,000 $131,000 $0
2019 $1,770 $129,500 $129,500 $0
2018 $1,574 $123,500 $123,500 $0
2017 -- $28,100 $28,100 $0
2016 -- $17,600 $17,600 $0
2015 -- $17,000 $0 $0
2014 -- $17,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C.T. Shuman

    Seller's Agent in 2018

    C.T. Shuman

    Real Estate One

    (231) 838-4200

    31 in this area

    136 Total Sales

    C.T. Shuman
    Section Image
  • Amanda Conklin

    Buyer's Agent in 2018

    Amanda Conklin

    Real Estate One

    (231) 690-2278

    10 in this area

    60 Total Sales

    Amanda Conklin
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 456809

Northern Michigan MLS

APN: 01-19-07-495-113

Michigan Emmet County Petoskey 49770

870 Red Oak Way Unit 13, Petoskey, MI

This home is located at 870 Red Oak Way Unit 13, Petoskey, MI 49770 since 04 October 2018 and is currently estimated at $456,951, approximately $262 per square foot. This property was built in 2016. 870 Red Oak Way Unit 13 is a home located in Emmet County with nearby schools including Petoskey High School, St. Francis Xavier School, and Petoskey Montessori Children's.

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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