NOT LISTED FOR SALE

8723 E Mitchell Rd Petoskey, MI 49770

Estimated Value: $390,312 - $442,000

3 Beds
2 Baths
1,647 Sq Ft
$258/Sq Ft Est. Value

Last Sold June 01, 2015

Last sale price $158,000 $96 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $2,477/month

Highlights

  • Main Floor Primary Bedroom
  • Snowmobile Trail
  • 2 Car Attached Garage
  • First Floor Utility Room
  • Thermal Windows
  • Living Room

About This Home

As of June 2015

Convenient ranch floor plan and very nice quality! Open, split floor plan, kitchen with great bar counter, spacious master suite with large walk-in closet, nice bedroom sizes. Full unfinished lower level with egress window for possible 4th bedroom. Well maintained and ready to move in. Situated nicely off the road on 4.8 acres….plenty of room for polebuilding!

Last Agent to Sell the Property

Trish Hartwick

Coldwell Banker Schmidt - Petoskey Listed on: 04/07/2015

Coldwell Banker Schmidt - Petoskey

Last Buyer's Agent

Monica Ross

@properties Christie's International Real Estate - Petoskey License #6501145991

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,634

Year Built

  • Built in 2005

Lot Details

  • 4.8 Acre Lot
  • Lot Dimensions are 567x191x485x431x208

Parking

  • 2 Car Attached Garage

Home Design

  • Asphalt Shingled Roof
  • Modular or Manufactured Materials

Interior Spaces

  • 1,647 Sq Ft Home
  • Thermal Windows
  • Vinyl Clad Windows
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • Snowmobile Trail

Listing and Financial Details

  • Assessor Parcel Number 14-20-03-300-037

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,634

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2005
  • Measurement Source: Appraiser
  • Section: 3
  • S E V Yr: 64300/14
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Features: Dishwasher, Dryer, Range, Refrigerator, Washer, Near Snowmobile Trails
  • Total Finished Sq Ft: 1647
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: N/A
  • Total Rooms: 7
  • Basement: Full
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: N/A
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 1647
  • Bathroom 1: Dimensions: full, On Level: Main
  • Bathroom 2: Dimensions: full, On Level: Main
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Thermo, Vinyl

Exterior Features

  • Construction: Modular-BOCA-Wood Frame
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

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

Utilities

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

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 567x191x485x431x208
  • Estimated Number of Acres: 4.8
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 14-20-03-300-037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2015
Closed on
Jun 1, 2015
Sold by
Gustafson Grace A
Bought by
Clark Andrea
Seller's Agent
Trish Hartwick
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Monica Ross
@properties Christie's International Real Estate - Petoskey
List Price
$162,500
Sold Price
$158,000
Premium/Discount to List
-$4,500
-2.77%
Current Estimated Value
$424,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,104
Avg. Annual Appreciation
10.03%

Purchase Details

Closed on
Jan 30, 2008
Sold by
Federal National Mortgage Association
Bought by
Gustafson Grace A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,500
Interest Rate
6.11%

Purchase Details

Closed on
Feb 9, 2007
Bought by
Federal National Mortgage Assoc

Purchase Details

Closed on
Oct 19, 2006
Bought by
Mortgage Electronic Registration

Purchase Details

Closed on
Dec 17, 2004
Bought by
Tillotson Bryan W and Tillotson Paula A
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
Clark Andrea $158,000 Devon Title Agency
Gustafson Grace A $120,500 --
Federal National Mortgage Assoc -- --
Mortgage Electronic Registration $212,900 --
Tillotson Bryan W $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gustafson Grace A $120,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2015 06/01/15 Sold $158,000 -2.8% $96 / Sq Ft
05/09/2015 05/09/15 Pending -- -- --
04/07/2015 04/07/15 For Sale $162,500 -- $99 / 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 $2,634 $170,700 $0 $170,700
2024 $2,634 $154,600 $0 $154,600
2023 $4,078 $127,300 $0 $127,300
2022 $4,078 $103,600 $0 $103,600
2021 $3,948 $101,500 $0 $101,500
2020 $3,859 $99,800 $0 $99,800
2019 -- $92,300 $0 $92,300
2018 -- $86,500 $0 $86,500
2017 -- $83,900 $0 $83,900
2016 -- $80,800 $0 $80,800
2015 -- $66,600 $0 $0
2014 -- $64,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 444261

Northern Michigan MLS

APN: 14-20-03-300-037