NOT LISTED FOR SALE

8902 Spring Ridge Dr Petoskey, MI 49770

Estimated Value: $422,458 - $513,000

1 Acre
$479,153 Price per Acre
43,560 Sq Ft Lot

Last Sold August 01, 2018

Last sale price $9,900

Est. 4,740% increase in value since last sale

Current estimated payment $2,844/month

About This Lot

As of August 2018

One of 11 Developer's choice lot that is available individually or as a group. Silver Creek is a beautiful, proven subdivision in the Petoskey School District. There a nice mix of families and retiree's. Priced to sell!!

Last Agent to Sell the Property

Pete Platte

Gaslight Group Properties Listed on: 04/28/2017

Co-Listed By

Michael MacCarthy

Gaslight Group Properties

Last Buyer's Agent

Carol Fay

Coldwell Banker Schmidt - Petoskey

Coldwell Banker Schmidt - Petoskey

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,520

Lot Details

  • 1 Acre Lot
  • Landscaped with Trees
  • Property is zoned SR-1

Utilities

  • Underground Utilities
  • Well Required
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 14-20-03-150-205

Community Details

Overview

  • Property has a Home Owners Association
  • Silver Creek Association

Recreation

  • Snowmobile Trail

Property Details

Property Type

Land

Est. Annual Taxes

$3,520

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Type: Lots/Land
  • Type 2: Lot
  • Lvt Date: 05/02/2017
  • Section: 4
  • Hd Approved: Unknown
  • Second Address Number: 8902
  • Directions: Take either Mitchell or Pickerel to Silver Creek Subdivision.
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Features: Electric, Mixed Trees, Under Ground Utilities, Near Snowmobile Trails

Exterior Features

  • Waterfront Water Access: Neither

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Condo/Co-op/Association

  • Association: Silver Creek
  • Association: Yes

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Estimated Number of Acres: 1
  • Zoning: SR-1
  • Deed Restrictions: Those Of Record
  • Number Of Acres: 1 - 2

Tax Info

  • Assessor Parcel Number: 14-20-03-150-205

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2017
Closed on
Jul 27, 2018
Sold by
Day Developers Llc
Bought by
Pennington Phyllis
Seller's Agent
Pete Platte
Gaslight Group Properties
Buyer's Agent
Carol Fay
Coldwell Banker Schmidt - Petoskey
List Price
$9,900
Sold Price
$9,900
Current Estimated Value
$479,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$469,253
Avg. Annual Appreciation
71.53%

Purchase Details

Closed on
Mar 11, 2005
Bought by
Day Developers Llc

Purchase Details

Closed on
Mar 4, 2005
Bought by
Nab Investment Corporation
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pennington Phyllis $9,900 --
Day Developers Llc $50,300 --
Nab Investment Corporation $40,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2018 08/01/18 Sold $9,900 0.0% --
04/28/2017 04/28/17 For Sale $9,900 -- --
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 $3,520 $199,700 $199,700 $0
2024 $3,520 $184,400 $184,400 $0
2023 $3,240 $152,100 $152,100 $0
2022 $3,240 $122,100 $122,100 $0
2021 $3,137 $120,100 $120,100 $0
2020 $3,047 $117,200 $117,200 $0
2019 -- $14,800 $14,800 $0
2018 -- $4,500 $4,500 $0
2017 -- $6,000 $6,000 $0
2016 -- $6,000 $6,000 $0
2015 -- $6,000 $0 $0
2014 -- $7,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 451524

Northern Michigan MLS

APN: 14-20-03-150-205