NOT LISTED FOR SALE

874 Surrey Ln Petoskey, MI 49770

Estimated Value: $689,000 - $749,000

4 Beds
3.5 Baths
3,297 Sq Ft
$216/Sq Ft Est. Value

Last Sold April 11, 2023

Last sale price $570,000 $173 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,338/month

Highlights

  • Deck
  • First Floor Utility Room
  • Living Room
  • Wood Flooring
  • 2 Car Attached Garage
  • Shed

About This Home

As of April 2023

This four bedroom, three & 1/2 bath, 3,297 sq ft. home sits just outside of the city limits of Petoskey in a very private setting next to the Bay View Country Club. Recent updates include full Kitchen remodel featuring commercial style appliances, nine foot island & quartz countertops. Full master bathroom renovation with heated floors, his & her sinks & cabinets along with new counter tops, soaking bathtub and a walk in tiled shower. Partial basement remodel featuring a full bathroom & plenty of room for entertaining family and friends. County maintained road & high speed internet available. This home is a very well maintained home with well water & city sewer system in place. Please call for your personal tour.

Last Agent to Sell the Property

John Russell

Kidd & Leavy Real Estate Co. LLC Listed on: 02/10/2023

Last Buyer's Agent

Kevin Olson

Graham Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,829

Year Built

  • Built in 1995

Lot Details

  • 2,178 Sq Ft Lot

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 3,297 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Vinyl Clad Windows
  • Insulated Windows
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck
  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 01-16-33-426-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,829

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1995
  • Lvt Date: 02/10/2023
  • Measurement Source: Appraiser
  • Section: 33
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Features: Cable, Central Air, Deck, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace, Paved Drive, Range, Refrigerator, Washer, Wood Floors, Paved Road
  • Total Finished Sq Ft: 3297
  • Master Bedroom: Dimensions: 14x20, On Level: Upper
  • Bedroom 2: Dimensions: 11x12, On Level: Upper
  • Bedroom 3: Dimensions: 12x24, On Level: Upper
  • Bedroom 4: Dimensions: 13x17, On Level: Upper
  • Total Rooms: 12
  • Basement: Full, Partial, Finished
  • Dining Room: Dimensions: 12x14, On Level: Main
  • Kitchen: Dimensions: 12x18, On Level: Main
  • Family Room: Dimensions: 14x15, On Level: Main
  • Living Room: Dimensions: 14x20, On Level: Main
  • Above Grade Finished Sq Ft: 3072
  • Bathroom 1: Dimensions: Full, On Level: Upper
  • Bathroom 2: Dimensions: Full, On Level: Lower
  • Number Of Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Rooms 1: Dimensions: Den 7x10, On Level: Main
  • Rooms 2: On Level: Lower
  • Windows: Insulated, Vinyl

Exterior Features

  • Construction: Wood Frame/Site Built, Two Story +
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

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

Utilities

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

Schools

  • School District: Petoskey

Lot Info

  • Estimated Number of Acres: 0.05
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 01-16-33-426-004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2023
Closed on
Apr 11, 2023
Sold by
Sulitis Jeffrey L and Sulitis Katrina A
Bought by
Gostinger Tyler Ray and Kelsey Marie
Seller's Agent
John Russell
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Kevin Olson
Graham Real Estate
List Price
$542,500
Sold Price
$570,000
Premium/Discount to List
$27,500
5.07%
Views
460
Current Estimated Value
$710,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,937
Avg. Annual Appreciation
9.16%
Original Mortgage
$456,000
Outstanding Balance
$442,197
Interest Rate
6.13%
Estimated Equity
$268,740

Purchase Details

Listed on
Aug 18, 2015
Closed on
Oct 16, 2015
Sold by
Russell Benjamin Dewitt Trust
Bought by
Sulitis Jeffrey L and Sulitis Katrina A
Seller's Agent
Steve Shuman
Real Estate One
Buyer's Agent
Wally Kidd
Kidd & Leavy Real Estate Co. LLC
List Price
$329,000
Sold Price
$305,000
Premium/Discount to List
-$24,000
-7.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.72%

Purchase Details

Closed on
Dec 16, 2002
Sold by
Worden Jerry and Worden Charlene
Bought by
Dewitt Russell B Ttee

Purchase Details

Closed on
Aug 1, 1985
Bought by
Worden Rps

Purchase Details

Closed on
Feb 1, 1980
Sold by
Manker Charles
Bought by
Arch William
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
Gostinger Tyler Ray -- Crossroads Title
Sulitis Jeffrey L $305,000 Talon Title Agency
Dewitt Russell B Ttee $312,500 --
Worden Rps $11,500 --
Arch William $10,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gostinger Tyler Ray $456,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/11/2023 04/11/23 Sold $570,000 +5.1% $173 / Sq Ft
02/10/2023 02/10/23 For Sale $542,500 +77.9% $165 / Sq Ft
10/19/2015 10/19/15 Sold $305,000 -7.3% $99 / Sq Ft View Prior Sale
09/12/2015 09/12/15 Pending -- -- --
08/18/2015 08/18/15 For Sale $329,000 -- $107 / 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 $6,829 $293,500 $293,500 $0
2024 $6,829 $276,400 $276,400 $0
2023 $4,150 $233,200 $233,200 $0
2022 $4,150 $207,600 $207,600 $0
2021 $4,015 $201,300 $201,300 $0
2020 $3,941 $189,900 $189,900 $0
2019 $3,762 $187,000 $187,000 $0
2018 $3,673 $152,900 $152,900 $0
2017 -- $155,400 $155,400 $0
2016 -- $152,500 $152,500 $0
2015 -- $139,600 $0 $0
2014 -- $120,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 470393

Northern Michigan MLS

APN: 01-16-33-426-004