NOT LISTED FOR SALE

8778 E Mitchell Rd Petoskey, MI 49770

Estimated Value: $514,298 - $623,000

4 Beds
2 Baths
2,832 Sq Ft
$201/Sq Ft Est. Value

Last Sold July 15, 2020

Last sale price $300,000 $106 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $3,344/month

49 Days on Market

Highlights

  • Sauna
  • Deck
  • 2 Car Detached Garage
  • 17.43 Acre Lot
  • First Floor Utility Room
  • Double Pane Windows

About This Home

As of July 2020

Custom home with rough sawn cedar interior throughout. 17+ acres on 3 parcels, partially wooded and open, hard wood and pine trees. Terrain is flat along with hills. Kitchen has marble countertops, granite sink & custom cabinets. Hardwood and tile flooring throughout. Long driveway gives home privacy during summer months. Jotul wood stove, wood stove sauna, artisan free flowing well and well house. Root and wine cellar with natural temperature control. Wood shed and chicken coop on property. Exterior is rough sawn cedar siding, currently being professionally painted. Current owners installed new kitchen and completely new upstairs bathroom along with flooring in bedrooms. Attached sun room /greenhouse off the great room area, basement walls sealed with drylok. Seller posted videos of the home before May 7th do to COVID lockdown. To view, copy and paste into your browser.

Last Agent to Sell the Property

Pete Stikovich

Little Traverse Bay Realty Listed on: 04/10/2020

Last Buyer's Agent

Doug Nowels

Real Estate One

Real Estate One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,776

Year Built

  • Built in 1976

Lot Details

  • 17.43 Acre Lot
  • Property is zoned EC FF-2

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,832 Sq Ft Home
  • Wood Burning Fireplace
  • Double Pane Windows
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Sauna

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Deck
  • Shed

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic System
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 14-20-03-300-043

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,776

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1976
  • Lvt Date: 04/14/2020
  • Section: 3
  • Second Address Number: 8778
  • Directions: Home is east of Roy Rd, in between Penny Lane and S Ellsworth Rd.
  • Price per Sq Ft: 105.93
  • OFFICELIST_STATE: MI
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1976

Interior Features

  • Features: Cable, Deck, Dishwasher, Dryer, Range, Refrigerator, Satellite Dish, Sauna, Washer, Wood Fireplace, Paved Road
  • Total Finished Sq Ft: 2832
  • Master Bedroom: Dimensions: 22X18, On Level: Upper
  • Bedroom 2: Dimensions: 22X14, On Level: Upper
  • Bedroom 3: Dimensions: 18X15, On Level: Upper
  • Bedroom 4: Dimensions: 22X13, On Level: Upper
  • Total Rooms: 12
  • Basement: Block, Full
  • Dining Room: Dimensions: One combined room, On Level: Main
  • Kitchen: Dimensions: One combined room, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: One combined room, On Level: Main
  • Above Grade Finished Sq Ft: 2832
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Upper
  • Number Of Bedrooms: 4
  • Full Bathrooms: 2
  • Rooms 1: Dimensions: Office area, On Level: Main
  • Rooms 2: Dimensions: Sauna, On Level: Main
  • Windows: Double, Pella

Exterior Features

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

Garage/Parking

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

Utilities

  • Heat Type: LP Gas, Hot Water Baseboard
  • Sewer: Septic
  • Water: Well
  • Water Heater: Electric

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Estimated Number of Acres: 17.43
  • Zoning: EC FF-2

Tax Info

  • Assessor Parcel Number: 14-20-03-300-043

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2022
Sold by
Kloss Kelli and Kloss Y
Bought by
Kloss Benjamin and Kloss Kelli
Current Estimated Value
$569,099

Purchase Details

Listed on
Apr 10, 2020
Closed on
Jul 10, 2020
Sold by
Stonehill Jeffrey
Bought by
Kloss Kelli
Seller's Agent
Pete Stikovich
Little Traverse Bay Realty
Buyer's Agent
Doug Nowels
Real Estate One
List Price
$330,000
Sold Price
$300,000
Premium/Discount to List
-$30,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.02%
Original Mortgage
$285,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2012
Sold by
Watts Tl
Bought by
Us Bank Na and Harborview 2005-13 Trust Fund
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
Kloss Benjamin -- --
Kloss Kelli $300,000 --
Us Bank Na $308,363 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kloss Kelli $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2020 07/15/20 Sold $300,000 -9.1% $106 / Sq Ft
04/10/2020 04/10/20 For Sale $330,000 +126.2% $117 / Sq Ft
01/31/2013 01/31/13 Sold $145,900 +11.4% $52 / Sq Ft View Prior Sale
10/17/2012 10/17/12 Pending -- -- --
10/16/2012 10/16/12 For Sale $131,000 -- $46 / 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 $3,776 $222,900 $26,300 $196,600
2024 $3,776 $200,900 $26,300 $174,600
2023 $3,475 $165,200 $18,200 $147,000
2022 $3,475 $130,400 $16,600 $113,800
2021 $3,393 $127,300 $127,300 $0
2020 $1,970 $97,100 $97,100 $0
2019 -- $91,800 $91,800 $0
2018 -- $83,600 $83,600 $0
2017 -- $80,900 $80,900 $0
2016 -- $78,400 $78,400 $0
2015 -- $72,100 $0 $0
2014 -- $68,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Pete Stikovich

    Seller's Agent in 2020

    Pete Stikovich

    Little Traverse Bay Realty

    (231) 622-3058

    90 Total Sales

    Pete Stikovich
    Section Image
  • Doug Nowels

    Buyer's Agent in 2020

    Doug Nowels

    Real Estate One

    (231) 838-2007

    89 Total Sales

    Doug Nowels
    Section Image

  • P

    Seller's Agent in 2013

    Patricia Frisbey

    Frisbey Real Estate

  • M

    Buyer's Agent in 2013

    Mary Klooster

    Gaslight Group Properties

See All Agents

Map

Source: Northern Michigan MLS

MLS Number: 461582

Northern Michigan MLS

APN: 14-20-03-300-043

Michigan Emmet County Petoskey 49770

8778 E Mitchell Rd, Petoskey, MI

This home is located at 8778 E Mitchell Rd, Petoskey, MI 49770 since 10 April 2020 and is currently estimated at $569,099, approximately $200 per square foot. This property was built in 1976. 8778 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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