NOT LISTED FOR SALE

8902 Spring Ridge Dr Petoskey, MI 49770

Estimated Value: $414,926 - $518,000

1 Acre
$473,309 Price per Acre
43,560 Sq Ft Lot

Last Sold August 01, 2018

Last sale price $9,900

Est. 4,695% increase in value since last sale

Current estimated payment $2,775/month

438 Days on Market

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

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

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

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
$474,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$464,849
Avg. Annual Appreciation
68.05%

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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 $14 $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

  • Pete Platte

    Seller's Agent in 2018

    Pete Platte

    Gaslight Group Properties

    (231) 838-0935

    99 Total Sales

    Pete Platte
    Section Image
  • Michael MacCarthy

    Seller Co-Listing Agent in 2018

    Michael MacCarthy

    Gaslight Group Properties

    (231) 838-7700

    178 Total Sales

    Michael MacCarthy
    Section Image
  • Carol Fay

    Buyer's Agent in 2018

    Carol Fay

    Coldwell Banker Schmidt - Petoskey

    (231) 330-0876

    68 Total Sales

    Carol Fay
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 451524

Northern Michigan MLS

APN: 14-20-03-150-205

Michigan Emmet County Petoskey 49770

8902 Spring Ridge Dr, Petoskey, MI

Not Listed for Sale

Lots

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